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Good morning, Club Thrifty enthusiasts!
If you read my blog, you’ve probably noticed that I never post any specific income numbers. I stay pretty vague most of the time and I generally don’t tell people how much cash money I bring in. I’ve been hesitant to do so for several reasons:
- Since I am not anonymous, people I know actually read my blog
- The majority of my income is from freelance writing and I didn’t want to mislead anyone into thinking that all of my income is from my blog
- It made me feel very vulnerable
Well, that’s about to change….starting NOW. From now on, I’m going to post a cash money income update at the middle of each month detailing my income and expenses from the month before. This is so exciting, right? Of course it is! So, without further adieu, the total amount of money that I grossed as a self-employed goddess in June was……*drumroll, please*
This total includes all of the money that I made from my various streams of income:
- Credit Card Sales
- Freelance writing
- Affiliate advertising
Like I’ve mentioned many times before, the majority of my income is from freelance writing, not my blog. And since this is my gross income, please remember that I haven’t handed a chunk over to Uncle Sam quite yet. It is, however, the grand total of my income after expenses. Thankfully, my expenses are pretty weak. I basically wear pajamas and I use the two computers that I already own. I don’t even have a printer so there’s no need for paper or pens or anything else. Here are the expenses that I deducted from that amount:
- Staff Writing: $180
- Blog Hosting: $12
- Internet $35.50
I had a great month and I’m pretty darn stoked about it. However, I think that this month was exceptional and I doubt that I’ll make that much again. There are several factors that made the stars align in terms of income in June. First, I was exceptionally busy with freelance writing projects. And second, I don’t count income until it’s actually in my account. Therefore, some of June’s income was actually from the month before (I still grossed about $5200 in May). Anyway, I had several monthly goals in mind when I decided to quit my job on May 1st. Here is what I had hoped for:
- Gross at least $4000 per month to replace my income from my full-time job
- Exercise at least once per day
- Eat healthier and continue juicing fruits and vegetables
- Spend more quality time with my kids
- Cook most meals at home
- Be a cooler, nicer, and less-stressed version of myself
Fortunately, I left all of those goals in the dust last month and July isn’t looking so shabby either. And since our living expenses (mortgage, utilities, groceries, daycare, insurance, gas, miscellaneous) are about $3000 per month, I’m easily covering all of our expenses on my own. Our goal is for me to continue covering all of our expenses while Greg works on his new career. Then once Greg starts bringing in some cash money, our plan is to save or invest everything that he brings in. That sounds like a decent plan, am I right?
Regardless, working from home has completely altered my life outlook. I have a lot more free time and am much, much happier as a result. I get to spend more quality time with my kids instead of just “going through the motions” only to fall in a giant heap of regret after working 70-80 hours per week every single week. There are, however, a few things that I really miss about my old job:
<insert awkward silence>
Well, maybe not.
So, how did your month go? Did you meet your income goals in June? What are your goals for July? Please share by commenting below.