$12,640 in January Business Income

The beginning of January seemed incredibly slow. I still had work to do, but I wasn’t working anywhere near 8 hours a day. The first two weeks almost seemed dead. I’m guessing it’s because most people were still recuperating from the holidays. The last two weeks were extremely busy, and now it’s all flowing over…

Michelle Schroeder-Gardner

Last Updated: May 25, 2023

Disclosure: This post may contain affiliate links, meaning if you decide to make a purchase via my links, I may earn a commission at no additional cost to you. See my disclosure for more info.

Find out how I made $12,640 in January from blogging.The beginning of January seemed incredibly slow. I still had work to do, but I wasn’t working anywhere near 8 hours a day. The first two weeks almost seemed dead. I’m guessing it’s because most people were still recuperating from the holidays.

The last two weeks were extremely busy, and now it’s all flowing over into February. And I’m loving it! It looks like February will be a decent month.

I’m actually a little surprised that January was a better month than December. I didn’t think it would be as good as it was.

 

My business income seems stuck.

In January of 2014, I made $13,539 in business income, before expenses. I seem to be stuck around this range (you can see this in the graph below), but I have no problem with that. It’s definitely a good level of income.

Even though it is a great level of income to be at, I am still looking at other ways to increase my income. I would like to build more websites, work harder on the ones that I currently have, and try to find additional ways to grow the services that I already offer.

 

Even though my income seems stuck, I have come a long way.

In July of 2012, I made $1,425 in extra income. $1,425 is still a great amount, especially for extra income, and each month I am happy with my progress.

Like I say every month, when I first started blogging, I didn’t think this level of income was possible. I read (and still read) income reports from bloggers such as Pat at Smart Passive Income and Crystal at Budgeting in the Fun Stuff.

When I first started reading, I thought their levels were just completely unattainable for me.

I’m sure many of you feel the same about your level of “extra income” and that my story is just a lucky story.  However, I read stories on other blogs and used them as motivation for myself.

I didn’t think their levels were possible for me, but it turns out that I was wrong.

And, I’m glad I was wrong. No, I’m not at the levels of Pat or Crystal, but I will keep trying everyday to improve my business.

$12,640 in January Business Income

This is for the month of January and before fees and expenses (expenses that lower the amount above include approximately $900, which includes VAs for my other websites, PayPal fees, etc.) being taken out.

January‘s number above includes a rent payment from my sister and her boyfriend. So after all expenses and fees, I made approximately $12,640. In the amount above, I do not count the amount that I bring in to blogs that I help run, I only include the amounts that are my actual earnings from my services.

 

This is still a job!

I know that this is a lot of “extra income” (it’s all business income now for me), but please keep in mind that I spend many, many hours every single day on my business.

This is not passive income, although one day I hope that much of my income is passive. I have also been growing this for quite some time, and for around one year I was not making a single dollar, but I was still putting full-time hours into my side jobs. Taxes also take approximately 30% of my extra income. This is something that not everyone thinks about. I plan on creating a post about taxes as a self-employed person on Diversified Finances soon.

Oh yeah, and many of you have been wondering every month – I do have an LLC for my business. I worked as a business valuation analyst for many years, so I do know quite a bit about businesses and how to set them up (and operate them efficiently/effectively).

As I say every month in my income update posts as a reality check: this is still work. Some like to think that I quit my job and I do nothing, but I really do a decent amount of work. It does help that I have gotten much better at streamlining tasks and hiring others for certain jobs that I need done.

This is my full-time job, and for a few years I was working my full-time job while having my business as well. There were many sleepless nights!

Luckily, I do enjoy what I’m doing so it’s not like I’m dreading anything. The goals that we have are also a great motivator. You can find my 2014 goals update here. All of my past income updates can be found here as well. Read further on my Extra/Business Income page.

As always, if you have any questions about my monthly business income that you would like me to include next month, please let me know.

Blog News

I don’t believe there is much going on that is new with Making Sense of Cents.  I did change up my writing schedule a little bit. I’m trying to do my life updates just once or a twice a month instead of every week. This allows me to talk about other topics more and not bore you with my life updates as often  🙂

My sister’s blog is still doing well. I’m hoping to get her more involved with her blog and start promoting her blog more. She is wanting to get more into blogging, so if you have any tips for her, leave a comment below! Please subscribe to FITnancials if you haven’t yet.

My self-employment/financial independence blog Diversified Finances is doing well also and I am so glad that I started this website. Being able to talk so much about self-employment and getting direct feedback from readers is great. Is there anything related to self-employment that you would like me to talk about? Please let a comment below if so.

If you are looking to start a blog, don’t forget to read my post How To Start a Blog. It gives step by step instructions on starting your own blog. Also, one of my most popular posts this past month was How To Make Money Blogging.

 

What about my progress after FinCon 2013?

One question that I am asked a lot is what I learned from FinCon that I am trying to apply to my business. I learned many things at FinCon and I made a list of things that I need to do in my post My Plan For the Future. I really have not been that active in making improvements. I need to change that and I need to start making an action plan.

FinCon14 tickets go on sale today. Who is going to New Orleans for this year’s conference? Anyone doing the bootcamp as well?

 

My plans after FinCon13 included (in no particular order):

  1. Start an eBook. – I still have not even thought about this. However, I will say that starting an eBook is not at the top of my list right now. Maybe later, but not right now.
  2. Build my brand. – I am working on this.
  3. Promote more. – I do think that I have been doing better with focusing on promoting my blog and the articles that I write more.
  4. Accept more interviews. – I believe I did two more interviews in January, and I actually have three in the works already for February. If anyone wants to interview me, I am available!
  5. Speak at a conference one day. – Speaking at a conference is definitely not in store for 2014. Maybe 2015? I wish I wasn’t so nervous about public speaking…

 

Staff Writing

I didn’t add any new staff writing gigs in January, but I also didn’t actively look for any (just like in December). I did have some inquiries, but nothing panned out.

I am still looking for a few more staff writing gigs. I have found that I have plenty of free time and I’m just not productive unless I have something filling in those time slots. I also love writing and have over 100 ideas in my notepad for new topics!

Here’s my monthly shameless plugin: If any of you need a staff writer or just a one-time content writer, let me know. Whether you need a couple of articles every week, or just a single post with no ongoing relationship, I am your girl. I can write regular content, content to fill in gaps in your writing schedule, content for advertising and so on. My turnaround is fairly quick and I am reliable.

I created an article titled Do You Want to Be a Freelance Writer?, so please read further about this topic if you are interested in staff writing as well.

 

 

Buying websites

I bought my very first website in November of 2013, and I have been working on it to improve the statistics and quality of it. I made some money off of it in January. This is great because I’ve already made more money than I bought it for.

Do you have any questions about buying a website? Or, have you bought a website? I plan on covering this topic more soon.

 

Update On My Blog and Social Media Management Services

In January, I did a good amount of blog management. I managed two websites when the owners went on a weeklong vacation. John at Frugal Rules and Cat at Budget Blonde both hired me on and were happy with my services. I also completely manage another website for someone, but that is an ongoing project and I have been managing it since June of last year.

Blog and social media management is something that I would like to keep growing. I have seen many blog owners that are interested in having me manage their blog while they are on vacation or if they need a break. This is something that I love to do, and you can sleep easily while you are on vacation because I believe I can successful manage your website.

I also know how it feels to go on vacation. You might be hesitant in hiring help because your blog means so much to you. However, that is why I love offering this. I truly know how much a website means to a person, and I try my hardest to make the transition (no matter how short) a smooth one. A vacation from your blog might be needed – and I’m here to help!

Pricing is on an individual basis because no two websites/blogs are alike. If you are interested, shoot me an email and I would love to help you out!

I manage different aspects of several different blogs, and that is what has helped me ramp up my business income in the past few months. All of my services are a lot of fun, as I really enjoy blogging and social media – and all other areas of managing a website.

Here are various services that relate to blog and social media management:

  • Manage and approve comments. This can be a lifesaver when you are on vacation because you don’t have to worry about checking your website all the time to approve comments.
  • Watch to make sure that your website does not go down. I check multiple times throughout the day to make sure that your website is up.
  • Monitor e-mails and reply when/if necessary. If you want a total break from your website, then e-mail management is something that most of my clients sign up for.
  • Reply to comments on your posts.
  • Make sure postings go live when they should. Sometimes they won’t, and this is where I come in. I will make sure that everything is scheduled and actually happens.
  • Write articles while you are away (including ghost-written articles). You never know when something will come up.
  • Manage social media – this includes looking for new followers and engaging with current followers.

 

If you need a blog or social media manager, please let me know. I can manage your blog for a short period of time as well. If you just need one week, one month, or some other time period off from your blog (such as for travel, to unplug, a vacation from your website, to start a family, to start a new job and so on), I can help with this. E-mail me with any questions.

Are you interested in becoming a virtual assistant? Don’t forget to also read about what exactly a virtual assistant does.

 

Affiliate income – Still no changes.

I have been doing horrible with affiliate income. And, I feel horrible about that because many of you have been asking me to review your product. I keep blaming it on time, but that has to come to a stop. I did one affiliate review in January, and I hope to do a few more in February.

For January, one of my goals was to finally go through the affiliate offers that I have received. I sort of did that, and I made a list of affiliate reviews that I want to tackle. Don’t worry, I plan on making them exciting.

What type of reviews would you like to see on Making Sense of Cents? I have been thinking about starting to review credit cards as we want to start using them more. I recently was able to buy 5 round trip tickets for a trip in May for my friends for free, and I would love to show others how to do it as well.

 

Offline side hustles.

I haven’t really put any thought into creating an offline side hustle lately. I still have ideas, but those may be put on hold for right now while I work on growing my online business further.

Wes has been working on some side jobs, but his income is not included in my income report as it is not a part of my business.

What offline side hustles do you have?

 

$12,640 in January Business Income

Business and Extra Income in January (after expenses)

  • Staff writing – $600
  • Website-Related (managing websites for clients, and my blogs – direct advertising & Adsense) – $11,070
  • Affiliate Income – $520
  • Virtual Assistant tasks – $0
  • Selling Items From Our Home – $0
  • Miscellaneous (not related to blogging and online income) – $0
  • Mystery Shopping – $0
  • Rent (we rent a room in our house to my sister and her boyfriend) – $450

 

Comparisons and 2014 Business Income total (after expenses, but before taxes)

  • Total extra income for January: $12,640
  • Income in December: $12,160
  • Difference: +$480
  • Total in 2014: $12,640

How did you do in January? What are your extra/business income goals?

 


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Michelle Schroeder-Gardner

Author: Michelle Schroeder-Gardner

Hey! I’m Michelle Schroeder-Gardner and I am the founder of Making Sense of Cents. I’m passionate about all things personal finance, side hustles, making extra money, and online businesses. I have been featured in major publications such as Forbes, CNBC, Time, and Business Insider. Learn more here.

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  1. Great insight into your successful business – thank you. I think your income is really good, especially as it’s growing all the time. I’d love to read a post about buying websites, will also keep you in mind for website management. Skint, x

    1. Thank you! I hope to make a post on it soon. I want to buy another one and record the whole process.

  2. Well my income was pretty flat the past few months, though I wish it had more of an upward progression like yours haha. Traffic has continued to increase month-over-month so I’m just going to keep plugging away and hopefully continue that trend. I’m looking forward to your post about buying a website as I would like to buy another one sometime soon and see how easy it is to develop one that already exists versus build one from nothing.

    1. I think it is usually easier to buy one that is already developed. However, building one from nothing gives you complete control.

  3. Stephanie@Mrs.Debtfighter

    Awesome stats!!! 🙂

  4. Wow! That is a ton in income for January! If I were at that level, I would absolutely quit my day job and I would likely also start considering scaling back side business hours as well and really focus on passive income streams. Great work though!

    1. Thanks! I quit my day job in 2013 and it has been wonderful since 🙂

  5. At roughly 8k after takes for income, I think you’re doing awesome, Michelle! I have a lot of the same goals you do: writing a book, buying another blog, etc., but it all takes so much time. One day. 🙂

    1. Thank you Laurie! We both need more hours in a day 🙂

    2. It does take time! I’d also like to buy another blog but I don’t think I’m there yet. Maybe in a few months!

      1. Good luck! I hope you find a great blog to buy 🙂

  6. Liz

    I’m pretty excited because for the first time ever, I earned money from my blog in January. I’ve only been blogging seriously for the last month or so, so I feel like I must be doing something right. My goal for February is to just keep my blog growing.

    1. Good job! I’m sure your blog will continue to grow 🙂

      What are you doing to grow it?

      1. Liz

        Just trying to keep creating fresh content, guest posting, networking and looking for advertising opportunities. I can see how blogging can easily become a full-time job!

        1. Yes, it can definitely be easy to let it take over your whole life. I hope February is great for your blog!

  7. Connie

    Amazing! You amaze me every month with how much you make. I’m looking forward to your post about taxes for the self-employed on Diversified Finances!

    1. Thanks Connie! I’m hoping to make a post on that soon. I’ve been putting it off because it’s not exactly the most exciting topic haha

  8. You may feel as though you are in a “rut” Michelle, but you have truly accomplished a lot in a short period of time! And I am definitely going to FinCon this year. I started my blog right around last year’s and I am excited to attend my first one.

    1. Thanks Shannon! We have to hang out at FinCon 🙂

  9. Awesome, Michelle! I’m always amazed at your self-employment income levels. Very inspiring!

  10. You’re doing amazing again! Especially for the first two weeks being slow. This just goes to show that hard work and dedication pay off!

    1. Thank you Alexa! 🙂

  11. Haha I should frame it – that would be funny!

  12. Thank you! And I would love to be interviewed 🙂

  13. Thank you Blake! 🙂

  14. Great job, Michelle! The beginning of January was so slow for me too. I was starting to get worried!

  15. Thanks Michelle! I hope to have a post on that soon 🙂

  16. I have managed/manage websites that include: other personal finance websites, hotel websites, travel websites, and more 🙂

  17. Wow! This is incredibly inspiring. I’m impressed. I can’t wait to read more of your blog and check out some of your old posts too.

  18. Wow I would love to be stuck where you are as well. I’m pretty sure in a few months you will be past that amount.

    1. Thank you Jason! Are you going to FinCon? 🙂

      1. Right now I’m 50/50. I will try my hardest to make it though.

        1. Keep me updated 🙂

  19. Kyle

    Baller! I need to catch up on the business income.

  20. Marvin

    Congrats on the income! I got so excited looking up ways to increase online income that I forgot to comment on this post! Keep up the good work.

  21. Amazing as always! I did my first mystery shop in about 8 years this weekend. I’d forgotten how much fun they can be. Hoping to pick up a few more to make a little extra money in that way. I also want to work on building some more traffic to my blog and increasing affiliate income.

    1. I haven’t done a mystery shop in what seems like forever. Maybe soon though! 🙂

    2. I’ve never done one but having worked retail I remember we talked about them a lot and always had to be on our game. I think I’d actually like doing that so I might look into it.

  22. Wow, you really had a great income for January! You seem so very busy, and I’m really inspired about your post.

  23. I think you should move speaking up on your list. Once you’ve tackled that challenge, you’ll see just how easy it is, and I’m sure you’ll feel great! You have a TON to offer people at FinCon and it’d be cool to see you on stage.

    I used to coach people who felt that they couldn’t speak in front of people. It was always SO rewarding to watch them nail it.

    1. Haha I guess I’m just afraid of sounding stupid. Or getting asked a question and freezing up.

  24. Michelle, your income posts are so inspiring! I think you should definitely do some eBooks with some of the nitty gritty about how you make your income online (nothing too secret of course). I just think so many people would benefit from them (me included!) 🙂

    1. Thank you Hayley! I’m hoping to do that soon. Just need to start!

  25. I agree that January was really slow. It did pick up at the end, but I thought it was just me. I am also looking for more staff writing gigs. I did get a few jobs in January and I hope they do well. You are still an inspiration to me Michelle, so keep it up!

    1. Sounds like you are doing well Grayson! Are you going to FinCon?

  26. Haha thanks! I know it’s not a bad number, I’m super happy with it 🙂

  27. Kim@Eyesonthedollar

    You have a great level of income to be “stuck” at, but I like that you are never complacent and always looking for new ideas. It’s important to be happy with what you have, but when you stop trying to grow, that’s when problems begin, in my opinion anyway.

    1. Thanks Kim! I’m always looking to grow 🙂

  28. If you are going to be stuck at a certain level of income then that’s a good place to be stuck! Seriously! I’d love to be there. 🙂

    I do love how you are always looking for new ways to earn an income. That’s awesome and you continue to inspire me!

  29. Thanks for sharing. I just start working fulltime as a blogger last month.
    I feel I constantly work and I haven’t earned one dime yet. I pray that I make at least
    $2,000 by March 30th.

    1. Good luck! May I ask what you are doing to make money via blogging?

  30. Thank you Dan! 🙂

  31. These posts are addictive!! Keep up the good work Michelle.

    1. Thank you Michelle!

  32. You are the ultimate inspiration!

  33. Crystal @ Prairie Ecothrifter

    Congrats on another great self-employed month!!! You should change that line about not making as much as me and Pat Flynn – Pat still has you but you have definitely caught up with me and then some, lol. 😀 My income report will be in my newsletter this Friday. January really did start so slow and ended strong. My fingers are crossed for February as well, although 28 days does make a big difference over 30-31, lol. Good luck to us both!

    1. Thank you Crystal! And haha looking forward to reading your income report. Those are always my favorite!

  34. LaTisha

    Another great month! I just posted my income report for Jan and I’m about 10% of the way there! haha

    I hope to increase freelance writing income but first I have to get my VA up to speed so I can automate most of the business.

    1. Oooh I love income reports! I’m going to check yours out 🙂

  35. LaTisha

    Yay! 🙂

  36. Michael@Save-Invest-Grow

    Congrats on another great month! I really enjoy reading your site. The chart is helpful to realize that its a process! I’ll look forward to reading more of your updates.

    1. Thank you Michael! 🙂

  37. Rockstar month as always! Well deserved my friend!

  38. Well done! I have been trying to spend as little time as possible online while maintaining the income. At this level I prefer time over money.

    1. Yes, same here! I’m trying to improve my work-life balance. How much time do you think you spend on your online business?

      1. I’d say 4-5 hours a day when I am home, 1 hour when I am traveling but the back log builds up then. Plus 20 hours a week for my VA.

        1. That’s pretty good!

  39. Nice work! What would be really useful I think for us aspiring to build such an online empire would be to plot your income vs your monthly page views. I’m presuming they are closely correlated but it would be good to see how close, if there is any lag between getting page views up and how quickly income builds, and so on.

    Would that be possible for a post, if you don’t mind disclosing the details obviously?

    Thanks!

    1. I’m not sure if my pageviews are that closely related, since most of my income does not come from this site (Making Sense of Cents). I think pageviews would be especially important if I made more in affiliate income, but I don’t yet. Maybe in the future when I start racking it up in affiliate then I will do that 🙂

      1. Thanks for the reply Michelle!

        I’ve had a dig around and can’t find any mention of your other sites you make money from… Have you ever disclosed on this site what they are, or given any hints about how they make money etc…? No worries if not of course and I can understand why you wouldn’t if they are niche sites and making good money, just wondered if I have missed if you have disclosed this info. Cheers!

        1. Yes, I have disclosed the other sites, I’m pretty sure I have them listed in this very post 🙂

          I make money from the other sites that I own, plus helping others with their websites as well.

          1. Hi again,

            Ah I missed one of them, apologies. The only one listed on this post I can see (apart from FITnancials your sisters site) is the diversified finances blog which gets much less traffic than this one (according to the Alexa ranking at least) and just has a few google ads on it? I don’t see how this could make up the lions share of the rest of your blogging income?

            Sorry if I’m coming across as the dreaded T-word, I’m genuinely not trying to do that but just trying to understand exactly where 11K is coming from if you say the majority is not from this blog?

            Again I understand you make money from helping others but I cannot see how that can add up to 11K… there must be another big traffic site not listed (in this post at least) that has got strong advertising revenue coming into it.

            I guess a short version of my point is that I’d love to see a more detailed breakdown of that huge chunk of income you have just labelled as “Website Related” 🙂
            (Again, understand if you do not want to do this, but the disclosure given on your posts suggests that you probably would be ok with this which is why I thought I would ask?)

            Thanks again!

            Andy

        2. Sorry, it wouldn’t let me reply to your latest comment, so I just want to point out that this one is in reply to your latest

          I have seven sites total that I own, which bring me income. I haven’t shared all the sites, mainly to protect the sites and myself. Most of my income comes from my freelancing services that I do for others (website management, social media management, writing, and so on). And, I do a LOT of freelancing. Approximately 50% of my website related-income category comes from the blogs that I own, and the other 50% comes from the blogs that I freelance with. Trust me, it all adds up 🙂 I would break my website-related income further out, but I still want a little privacy since I feel like I am so in the open with these income reports already. Sorry, I hope you understand.

          If you have other questions, please email me. I don’t mind answering them at all. I enjoy helping others!

          1. Hi Michelle,

            Thanks for the reply, really appreciate you answering all my pesky questions 🙂

            That makes more sense (or should that be cents? 😉 ) to me now and I can perfectly understand why you wouldn’t want to share full details so no worries.

            I’m mainly asking as I’m not really so interested in doing freelancing or offering online services to others (right now at least) but I am very interested in monetizing my blog, so it would be great to get a comparison or example of how someone has done that particular part of generating online income. Thanks for the offer of help via email, I very much appreciate that and what you have shared on here so far.