Hello and welcome to the December 2015 online income report. I have a lot to share with you from December, so let's get stuck in.
December has been hell. We had some time off at the beginning of the month to go to Marrakesh. It was the worst holiday we have ever been on (I will be posting about it in detail in another blog post), and we were both fell ill on our second day. We started with food poisoning and left with a cold that still hasn't shifted. As you might remember, last month I talked a lot about how I had been ill with tonsillitis, and I just feel as though I have been ill forever. It is definitely something I need to work on!
As you may have noticed in previous income reports, I kept referring to my online income as money “we” had made, and there is a reason for that. Last year I tweeted something negative about my husband's work, and it went viral. It was picked up by news outlets – it appeared in the Daily Mail and it was a segment on The Wright Stuff but worst of all, it created a horrible atmosphere for him at work. Coupled with his injury, we knew that we had to make a decision about his career. It has taken us months to make this decision, but he handed in his notice in December and he is going self-employed alongside me. I am terrified. I am excited. It is not a decision we took lightly but we felt that there weren't many other options.
December is when it hit me that BAM, I am self employed. It is now up to me to earn money, plus my husband had been off work since the end of August with an injury, so he wasn't bringing in a wage. I knew it might be a possibility that he would go self employed with me, but neither of us knew for sure. Very early into the month I considered ringing my old boss, tail between my legs and asking for my job back. I even looked at job listings to see if there was anything I could apply for. I stressed. I worried. I stayed up at night with worry.
Finally, after a bit of a meltdown, I pulled up my socks and started doing something about my income concerns. I headed over to People Per Hour and pitched for some jobs – within 30 minutes I had a lucrative writing job. I reached out to contacts I had worked with before and now I have sent numerous proposals for paid work. I listed some items on eBay and two items sold. I did whatever I could think of, with the little time and energy I had available.
I sit here now and I cannot believe the figures in front of me. December has been so hard and yet we have done it. I would estimate that we had a total of two weeks off for the holiday and due to illness, and we've smashed our target. There is still a lot we both need to work on, from establishing a routine to opening new websites, but things are moving forward, and we started 2016 knowing that we are both fully dedicated to our online earnings with no other distractions like a pesky full time job.
So with all of that out of the way, let's move on to the important stuff.
Why I publish our income
Publishing my income holds me accountable to you, my readers. I want to achieve, I want to earn and quite frankly, I want you to congratulate me! I am able to look back at previous months when I need some more motivation or ideas to continue. Most importantly, I want to tell you how you can be making money! You might just want to make enough to cover your holiday spending money or you might want to quit your job all together. Whatever your financial needs are, you can earn extra.
Matched Betting – £1,347.29
Matched betting continues to be our biggest earner by far! This now marks almost £7,000 made tax free and risk free since July 2015! We were away for a week which I thought would have hit our matched betting earnings quite hard, but thanks to some hard work and some bookmaker advent calendars, we did well! If you have been considering matched betting then why not give it a trial
So there is money to be made for everyone, no matter how much time you have to commit.
We are still using Profit Accumulator as a tool and you can see all my previous matched betting income reports:
- Month 1 earnings
- Month 2 earnings
- Month 3 earnings (including a Q&A)
- October earnings (including matched betting)
- November earnings (including matched betting)
Remember that month 3 also overlaps into October – from now on I will be reporting the matched betting income monthly.
Affiliate earnings – £543.44
Affiliate earnings is another thing that is down in December! I think that time was the biggest factor, as well as people not wanting to pay out for anything besides the necessary in the run up to Christmas. I am still happy with this as most of it was passive income. I did post a few offers to my Facebook and Twitter pages and my Amazon Associates earnings were up.
Website earnings – £186.88
Between us we currently have five websites, all earning us an income from various sources. These earnings are for non-affiliate earnings – so sponsored posts and advertising (through Google's Adsense). December's website earnings are down (in November is was £584.91), but in the run up to Christmas I found that there weren't any sponsored posts going. My Adsense earnings were up, thanks to holding a giveaway every single day. I have reinstalled the Content Click advertising widget and I am in the middle of a trial with another. This total definitely needs to be improved in January!
Gift vouchers – £32
Some of the things I do, such as Instagc and Swagbucks and even some sponsored posts here pay out in gift vouchers. Whilst this isn't cash in our hands, we still like to count it. In December I earned £32 in Amazon gift vouchers. This amount is NOT included in my income total for this month.
Online surveys – £61.52
Surprise surprise, Prolific Academic continues to be 1my favourite survey site by far, with another month of over £40 coming from Prolific Academic. It was followed by two payments from MintVine. During December I exclusively used these two survey websites, but I am hoping to start back with a couple of others in January, at least until I reach the payment thresholds. There is a small increase in earnings from surveys in December.
Everything else – £1,158.91
“Everything else” comprises of just that, everything else! As I mentioned, I really pushed myself to try to find some extra money in December, and I came up trumps!
Everything else compromises of:
- Article writing
- eBay sales
- Bank account reward
- Rent profit
- Book sales
- Freelance work
- eBay sales
- Smart phone apps
- Tengi cash prize
- Website testing with WhatUsersDo
Total before expenses £3,298.04
Remember that this amount doesn't include tax, national insurance contributions, holiday pay and sick pay – for which we are putting aside 20-30% of our monthly income (excluding matched betting earnings as they are tax free).
Expenses – £621.58
There have, of course, been some expenses this month. They total £621.58 and consist of:
- Paypal fees (when I have received payment)
- eBay fees
- Landlord costs (mortgage, nothing else this month)
- Buffer to schedule my social media posts
- Postage for eBay sales and competition prizes
- Competition prizes – I gave away a lot of cash in December.
In order to cut down my cost for Buffer, I am going to pay the annual fee, which will increase my expenses in January, but save me £12 throughout the year. It isn't a massive saving, but everything helps!
Total for December 2015 (after expenses) £2,676.46
5 most popular posts in December
I have seen other bloggers include their most popular posts from the previous month, so I am excited to share mine with you. These are a mixture of posts that were published in December as well as previous posts that have been popular in November.
- 10 Ways To Boost Your Bank Balance in January
- What's Awesome in Poundland, December 2015
- How To Get Half Price Lush
- 10 Weird Things that Sold on eBay in December 2015
- Give matched betting a free trial
I think I said it all in my preamble. December has been a roller coaster, and I am extremely proud of what we have achieved. The self employed lifestyle is great for us, we are having a blast when I'm not worrying myself silly!
My plans for the next month and beyond
I would love us to crack the £3,000 mark in January, and I think we can do it! We are going away in February so one of my biggest concerns is to get everything prepared for the holiday – posts written and scheduled, passive income in place and of course, packing!
I want to get rid of 100 items in January, whether it be selling, donating or recycling. This will hopefully help to boost our bank balance and declutter! A
After that, world domination! I would love to be hitting £5,000 per month by the end of 2016.
Do you like this income report? Would you like to see more of them in the future? Let us know your thoughts in the comments – we would love to hear from you.