I have several goals in mind for 2016/2017 and growing my passive income is a huge goal that I’ve set for myself. For those of you who know me, I’ve actually struggled with the idea of monetizing this website.
I didn’t want to monetize in such a way that I would lose my voice, be annoying, or turn people off. I’m pretty excited about my process and I’m already seeing some positive results. I started vaguely monetizing this summer and have shifted to being more intentional going into the beginning of August.
I’m hoping that I can inspire people who are hoping to monetize their sites too.
Passive Income (My Definition)
I define passive income and blog earnings as money that arrives in my bank account almost magically via: affiliate sign-ups, blog ads, and sponsored posts. There will be a point when I share total income reports, but I’m specifically focused on passive income streams.
My overall earnings “wheelhouse” is the following:
- Affiliate Earnings
- Digital Products (that I produce)
- Blog ad income
- Sponsored posts
- Podcast Sponsorships
- Freelance writing
- Coaching
- Side Hustles-If Nick Loper still does side hustles, so will I!
I should also note that this is multiplied by three because I have 3 websites and 3 podcasts.
Go big or go home.
The thing is I have the time to do this. I’m single (ready to mingle LOL!) but I have more than enough time to work on these projects. Also, I’ve ranked my earnings by preferred rank. Meaning my goal is to earn the majority of my income from passive income and then my least favorite-side hustles.
August Blog Traffic
The blog experienced a dip in overall traffic but this wasn’t unexpected. As I go into September I am revisiting all of my blog growth strategies and doubling down going into the Fall.
15,591 Page Views
Meh. The highest number of page views I’ve received was in January and that was 68,312 views for the month.
Passive Income
I am completely unapologetic about the fact that I would like to generate life-changing passive income from this blog. I am in the process of paying off debt. I also have some additional financial goals that I have decided I would like to achieve in a year.
I’m not playing around anymore. I was pretty amazed by the uptick in my passive income from July!
$336.07
The interesting thing about the income was that I received earnings from affiliates that I haven’t focused on AT ALL. So, I was completely shocked when I received the checks. And, so excited. I think I “get” the process and I finally believe that I can do this too!
Sometimes you just need a “small win.” And August was finally mine. Don’t give up and just keep trying and when things don’t work-switch things up until they do.
Related Post: July Blog Traffic and Earnings Report
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Great job Michelle!
I was told by my accountant once to count my freelance writing AND my blog income together. I don’t make any money from my blog yet, but if you combine the two together, it’s like “Hot Damn! This thing is doing FANTASTIC!” lol!
Well, when I do taxes I add everything up. But, for the purposes of what I’m focused on (which is ONLY passive income) I only share that income. The reason is that what you focus on grows. And, my #1 priority is to grow that passive income. I do make a tidy amount of money doing freelance writing and other things. But, I don’t care about that LOL! I want to wake up to the cha-ching of passive income in my bank account.
Congrats on the passive income growth. My page views also took a dive last month. I know this month will be better.
Thanks Jason! I was kind of amazed by it! Am keeping my fingers crossed for September.
Good job, Michelle! 16,000 views are awesome! More views in the coming months!
Thanks Jayson! Am working hard to get the momentum flowing in the right way.
Yay!!! $300 is popping. Congrats!
Working hard on this. It’s a big project!
These are the income reports that I like to see because it’s relatable. The “big timers” that receive $90k plus in one month can be as inspiring as it is discouraging. Keep up the great work!
I would encourage you to look at the first income reports from bloggers with huge income reports. They all started with the itty bitty numbers. It can feel daunting but I use it for motivation (I have a lot of friends sharing those reports!) So I know that it’s possible to make it happen. Sending you good vibes too!