In 2016, I started post stat and income updates. I’ve not really be tracking my stats so can’t update them, but I did want to do a post about my blog income from Last August – July.
Most of my income comes from sponsored posts. These are both posts I’ve written myself and posts that other people have written and pay me to post them here.
I’ve wrote a post about how I find sponsored posts here.
I rarely seek out sponsored posts now, I have a few companies that work with me on a regular basis and can sometimes give me a few posts a month. The best thing to do is to stick to commitments with those you are working with to ensure they want to work with you in the future.
Here is what my earnings have looked like over the past year:
August 2016: 188.44
September 2016: 211.72
October 2016: 297.96
November 2016: 346.76
December 2016: 149.33
January 2017: 552.46
February 2017: 0
March 2017: 710.30
April 2017: 125.38
May 2017: 242.88
June 2017: 475.35
July 2017: 360.36
I definitely don’t earn enough blogging to go full time, but it is a nice bit of pocket money and has helped me with things like holidays, expensive MOTs, buying a new bed and wardrobes, paying off my credit card and car insurance.
This money is subject to tax, though. Because I have a full time job, I end up having to pay around a third or a quarter to the tax man. My advice on this is to do your taxes as soon as possible so you can see how much you owe. The online assessment tax deadline is 31st January. This is also the date you have to pay the tax you owe. I sent my assessment off a few months ago I’ve been able to set up a direct debit so I pay a bit of it each month.
My other bit of advice is to try and keep some in your savings. I put all my blog money in my savings and will only spend on things I’ve planned to spend it on – eg helping buy furniture for the new house. This also means you’ll have the money set aside for paying your tax bill.
You can see that some months I earn a lot more than others, which would be a real problem if I was blogging full time and one of the main reasons why I stopped wanting to be a full time blogger. The idea is nice, but the reality is inconsistent pay with no holiday pay, pension scheme or sick pay.
So for now, I’m happy earning a few extra hundred pounds a month!