Passive income reports are nothing new in the blogging world, mine I called Financial Reports. When I last shared Q4 2016 blog earnings I mentioned that for 2017 I would be sharing them 6 monthly. I am sad to report that did not happen, somehow I didn’t feel motivated enough to write the post. With only 3 months left until the end of the year I figured I share the Passive income reportfrom January 2017. I will break the earnings into 6-monthly then share Quarter 3 earnings and then in December will share the final report.
I must reiterate that sharing blog earnings is not for everyone, for some it’s their livelihood but for me it’s extra income. Obviously I don’t share my payslip with the world but I see nothing wrong with sharing earnings with readers. And I will tell you why I share:
It helps me keep track of my earnings for tax purposes which everyone knows April for UK is a painful time. If you don’t have a good system in place it’s hard to stay on top of your earnings. When it’s time to submit my taxes I struggle because clients pay in all shapes and sizes.
Motivation not only to myself to keep up my work but other bloggers too. I have read so many income reports and noticed that everyone seems to earn lots from affiliate marketing. For me affiliate marketing has not worked well but I am hoping to change that next year. I hope other bloggers can see that you can make passive income from the blog. You don’t have to have mega numbers to make a decent income from blogging.
Humbles me to know that something that started as a hobby is now a small business. When I started 2013 I would have laughed in your face if you said I would make money from my blog. Dedication, passion and consistency truly pays off when you put in the time.
Recap of 2016 earnings
Before I go ahead and share what I made in quarter three 2017, here is a recap of 2016 earnings. And possibly a little disclaimer too, all earnings shared here are made via sponsored collaborations. I am yet to hack the affiliate marketing world so I am fortunate to earn passive income this way. Here is how much I made each quarter last year:
Obviously this is all pre PayPal fees and pre tax and national insurance but it’s enough for passive income. Blogging has opened so many doors for me that I never thought possible without. It is truly humbling to be in a position to earn a little on the side for those rainy days or just to treat myself. With that being said, let’s look at how much I made in the first 6 months of the year.
January – June 2017 –£2,393.68
As I have shared before, affiliate marketing is something I have failed to hack. The earnings I have shared above are all from sponsored collaborations of three kinds which I accept. One is sponsored post {I wrote}, content submission {client wrote} and product reviews {I write, I charge a fee plus keep the product}. You can read my work with me page for the various fee categories I offer on the blog.
Quarter Three {3} Passive Income Report
The last three months of the year have been the busiest ones ever in my blogging and personal history. Though I have reduced how often I fly off abroad, I have upped my local adventures. In terms of blogging we’ve done lots of restaurant and event reviews and collaborated with a mixture of brands. You can check out the many sponsors I have worked with in my Monthly Sponsors posts.
Many people ask me how I am able to make money from my blog and the simple answer is ‘I have no clue‘. I am amazed every single time an email pops into my inbox asking to work with me. Yes I have been building a small business online without even knowing it. I offer a service that some companies and brands want and most of all I am a real person. There is no magic wand in my world of how I make money blogging, all I can say is I am honoured. I don’t want to bore you any further but here is how much I made in the last three months.
July – September –£2,158.81
Are you a blogger or online influencers? How do you make money online? What has worked for you and what hasn’t?
Bloggers who have a good mix of ad income, affiliate income and digital product income can make thousands, and even tens of thousands of dollars per month. And, once you have done the initial setup work, you can keep things ticking over working just 2-3 days per month on your blog.
Passive income is money that you don't have to actively work for; it comes in from something that already exists and continues to work for you. While active income is earned by working a job or owning a business, passive income is earned without having to work too much for it on an ongoing basis.
I get this question a lot from readers: “How long does it take to make money from a blog?” The short answer is, it depends. In most cases, it's safe expect at least 6 to 12 months (minimum) to start earning something from your blog—and in the 1 to 2 year range to begin earning $1,000/mo+.
Bloggers who sell digital items like online courses or guides often earn up to $10,000 per month or more. Affiliate marketing is an additional opportunity for a blogger to supplement their income. Christine Wang from TheSkiGirl.com, for example, currently earns six figures each month from affiliate marketing.
Typically, passive income is subject to a taxpayer's usual marginal tax rate, which is based on their tax bracket. But taxpayers whose modified adjusted gross income is above a certain threshold may also be subject to the Net Investment Income Tax (NIIT).
Requires a larger sum to begin with (which might not always be available).
While it might not require a full time effort, passive income does need to me managed, and some times adjusted to meet general financial or market conditions.
Blogging for passive income is a fantastic way to build an online business that generates income for you even when you're not working. If you're interested in starting a blog and earning money from it, here's a step-by-step guide to help you get started. The first step is to choose a profitable niche for your blog.
If you can start a blog in a niche that you're obsessively passionate about, one that isn't too saturated, where you can build a decent audience, then you can make a cool $1000 per month, or more, from blogging. Especially as a freelancer!
The amount bloggers make per 1,000 views can vary widely depending on several factors such as the blog's niche, the geographic location of its audience, and the monetization methods used. On average, a blog can earn between $3 to $25 per 1,000 views from display ads through ad networks such as Google AdSense.
Within the first year, bloggers can make $500-$2,000 per month. As you can see, you can earn a wide income range as a blogger. But aside from the numbers, remember these important takeaways before you begin: You can make money blogging even if you're not a professional writer.
Introduction: My name is Stevie Stamm, I am a colorful, sparkling, splendid, vast, open, hilarious, tender person who loves writing and wants to share my knowledge and understanding with you.
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