February 2018 Monthly Income Report: How I Made $3,687 Blogging and Freelancing 100

February 2018 Monthly Income Report: How I Made $3,687 Blogging and Freelancing

Hey and welcome to my monthly income report for February 2018. The efforts and focused work (smart, not hard) over the last few weeks paid off and I had my highest income ever, more than $3,500.

Let’s break down the earnings. And, most importantly, let me share what I did differently and what new I’m working on, as this is the foundation of anything I earn from my online business. Together with that, I’ll mention life lessons, goals for next month and little details from daily life that somehow affect the big picture of lifestyle design and the monthly income itself.


Switched from Bluehost to WPX Hosting.

That’s something technical I was a bit worried about. But there was absolutely no downtime, additional costs or any hassle on my side.

I rarely say this but I wish I had started using WPX hosting for my site earlier. Better late than never, though.

I couldn’t be happier with the results. Although Bluehost is one of the most popular names in the web hosting industry and great for beginner bloggers, it’s not for those scaling.

I often needed their customer support and had specific questions or requests. And I was never satisfied with the experience. But customer support should be key to any company offering a software product.

That’s why I knew it was time to switch. Plus, I’ve been paying more than $400/year for a premium package and wasn’t getting the quality product I was looking for. There was also downtime. If you’re a site owner, you know there’s nothing worse than that.

So, did a research over the last few months and knew the transition would happen some time at the beginning of 2018.

I chose WPX Hosting who are famous for their 99.9% uptime, the best customer support team possible, and a quality product designed specifically for WordPress sites.

What’s more, they take responsibility for moving your site from your old hosting provider to their servers, for free. All that got me convinced.

I contacted them a few times and was always happy with the response. The interesting thing was that the company is based in Bulgaria, my home country, and everyone on their team (except for the founder) is local. That didn’t surprise me, though, as Bulgaria has built a name for itself as one of the leading countries in Europe in the IT sector. Combine knowledgeable workers with low prices, and you got a good destination to start an international company at.

Anyways, I filled out the form on their website the same day I wanted to start the transition to their servers. I would have been okay with some downtime as they were changing the location of the site, after all. But even that didn’t happen. I’ve never been happier with a hosting package.

I now pay $25/month and don’t need to worry anymore that I’ll wake up and my site won’t be available. 

My new interview went live.

lidiya k interview

I did an interview for Failory.com, a site sharing the stories of failed startups or bloggers and business owners who made some mistakes in the past. While I’ve never had a failure that cost me much but each was a learning experience, I did talk about the challenges and some things that went wrong.

You can check out the interview here.

I started doing interviews on Let’s Reach Success too.

So many CEOs, successful bloggers or their assistants reach out to me via email (be it for a free guest post or another form of collaboration), that I realized they can share their stories on my site.

I asked a few times if it sounds good. Once they gave me a heads up, I sent them around 10 questions or less based on what I’ve read about them on their website, for example.

Whenever they returned it, I’d post that as an interview-style post. It’s a nice way to present interesting people, what they do, their best advice, and how they built their business.

Here are 2 interesting ones:

How a Classic Car Enthusiast Turned Entrepreneur with a Business Operating in 36 Countries
From an Entrepreneur at 14 to a Leading Expert in The IT Industry: Interview with Kyle David

Let me know if you think you have a story to share :)

LRS is performing great, according to GTmetrix.

letsreachsuccess site performance gtmetrix

Last month’s website performance test on GTmetrix showed great results. Hitting 97% for page speed and having a 91% YSlow score is what many bloggers want to see. Good to know it can be done by an amateur and SEO beginner like me who isn’t paying for any professional services and isn’t even tech-savvy.

More focus on design.

The biggest proof that I care about design was the new theme for Let’s Reach Success. I’ve taken it to the next level now and make sure all other elements resonate with the brand.

letsreachsuccess homepage design

Both on mobile and desktop, you’ll see a cool email opt-in form, yellow buttons, images on top or inside the content that are created with a tool like Canva. The same goes for images on social media.

I’m trying to create a platform with a strong message, that provides a smooth experience on every device, and with a sense of a brand.

This income report is a good example too. Below, you’ll notice a Pinterest-friendly image created specifically for it. The same goes for the featured image on top.

So, enough updates for February. Let’s get to the numbers and see how I joined the 3K club.

February Monthly Income Report

In February 2018 I made $3,687 blogging and freelancing. Here's my monthly income report:

In February, I earned a total of $3,687.

To compare, my latest monthly income goal was around $2,500 (which in Euros, my currency, is a bit above 2000).

In January, I made $2,068 (lower than my new monthly goal). 

This Month’s Revenue Breakdown

Sponsored posts: $1,884
Freelancing: $1,761
Others: $42 (books and affiliates)

It’s good to see I managed to diversify my income.

That means 50% of my money is coming from freelance writing and hours directly invested in actual work. Also, that income depends on other platforms, such as Upwork or clients I communicate with via email.

The other 50% comes from sponsorships. That income stream depends on my site and takes almost none of my time (I simply publish the paid guest post, which is something I enjoy).

Obviously, these 2 are my strong sides, while selling books and earning from affiliate marketing is something I struggle with.

I have a ton of new ideas on how to land more freelance gigs and get more clients for sponsored posts. So, I can see the money from these 2 income streams increasing.

As for the future, I’d like to start earning from the other 2 things I mentioned, which will bring financial security to my life. Also, it’s mostly passive income.

This Month’s Expenses Breakdown

The new monthly business-related expense is $25 for hosting. I may eventually pay that for a year upfront (and get a discount). But started like this as I’m still testing the new platform (although I’m pretty sure I’ll become a loyal customer of WPX Hosting).

Podcast hosting is not part of my expenses anymore. So that’s $12 less (talking about recurring payments here, which I’m not a fan of).

What I Learned This Month

20 of The Deepest Existential Questions (And What I Think About Each)

Daily focus is powerful.

This time last year, I wasn’t working on the right things. Now, it’s about the things I do online that provide value and bring me money. So that’s what I begin with every day when I get to my desk.

Raising your prices can help you double your income.

That’s what happened to me. I say no to so many opportunities for sponsored posts or freelance work. In the past, I would have taken these, but they would have cost me a lot of energy and time and I would have ended up being underpaid.

Now, however, saying no means I have higher standards. I know who my ideal client is thanks to the smooth communication and whether or not they are ready to invest as much as I require for our collaboration.

It’s worth paying a little more for the foundation of your blog.

I’m happy to pay monthly to WPH Hosting because of the great product and customer experience they are providing me. They are an example of what a good software company looks like and how clients should be treated in any business.

Buying a WordPress theme from ThemeForest was also a great investment that will pay off for years to come. If you’re interested in something similar to the premium theme I have for Let’s Reach Success, it’s this one.

Tracking finances is one of the best habits I built in the last 2 years.

In the beginning, I was doing it all wrong. Slowly, every few months I was adjusting my approach. Checking the income reports of other bloggers in different niches helped me understand what else I should be analyzing. Eventually, that became the reason why I started earning more, spending less, and saving the difference.

It all began by having a budget and knowing where every dollar goes and comes from.

Goals for March

Write proper affiliate reviews.

Starting with WPX Hosting, I finally wanna create solid blog posts, reviewing my most favorite products and services online. It will be only trusted names.

Update pages on the blog.

I will re-design all pages on the site so that they resonate with the brand. Will also use more of the features of the new theme.

I’ll go to the top performing posts on the site (which are from at least a year ago and even more) and update them.

Will make changes to the About and other important pages, as these need to be updated frequently.

Research for a few big ideas.

I’m full of new ideas. Not the ones that distract us, though, but those who fit well into my overall vision and can turn into a great addition to my brand and business.

So in March and April, I’ll start small by doing a research, outlining things, seeing what the first steps are, and then making an action plan. No need to talk about them yet as it’s just thoughts now. But that’s how it all starts.

Thanks for checking out my income review for this month. 

I publish these not just to stay accountable, but to show others it’s possible to start from nothing and level up in small steps month after month. Also, reading the income reports of others has helped me so much and led to new ideas for my business, that I hope my reviews can do the same for you.

Get The Lifestyle Designer's Digest
Directly into your inbox every Monday.
Previous ArticleNext Article

Going Minimalist in The Sharing Economy: Why It Makes Sense to Rent Our Belongings 14

Going Minimalist in The Sharing Economy: Why It Makes Sense to Rent Our Belongings

Last week, Jeremy Rifkin’s documentary “The Third Industrial Revolution: A New Sharing Economy” brought to public attention the importance that efficient sharing economies will have in coming years. The slowing of industrial productivity, coupled with the looming climate change crisis means that the game is up for the “take, make and dispose” model that we currently operate on.

This might seem a little inaccessible from the point of view of an individual. Most of us don’t have time to make lunch in the morning let alone contemplate changing economic models.

Yet the sharing economy is growing all around us, from Gumtree to Airbnb and most recently, stuff-sharing marketplaces like Fat Lama.

Born out of East-London in 2016, Fat Lama is a peer-to-peer rental platform where users can borrow items they need and rent out items that they don’t. It’s completely free to list items and operates out of your local area.

Put simply it’s a way for people to make money off their belongings and for others to gain access to equipment they might not otherwise be able to afford. However, the platform has the potential to become a lifestyle as much as a utility. Here are just a few of the benefits:

Saving The Environment

By 2022, the planet will have produced a staggering 50 million tonnes of e-waste.

This is by no means as harmless as it sounds. We are racing through computers, phones, cameras and cables at an alarming rate and worst of all, we recycle none of it.

By investing in the sharing economy and renting rather than buying, you can make a stance against the destructive and wasteful effects of linear consumerism.

To illustrate the paradigm, let’s take the example of a power drill, which, shockingly, is used for a grand total of 13 minutes on average in its life. It is a waste of money and is using up precious resources to buy such an item. Whereas if you rent from Fat Lama, the price of which is around $5 per day, you will end up saving yourself needless expenditure at no extra cost for the planet. This is not just true of drills, but Lawn Mowers, leaf blowers, cameras and projectors.

Go Local

One of the big downsides to living in an urban environment is the lack of community spirit. Cities can feel stiflingly disconnected and it is not uncommon for a resident to have never spoken to a single person on their street.

There has been efforts made to re-localize districts, with cafés bars and social hubs popping up in suburbs all over the world. However, if you are looking for something more personal, using Fat Lama puts you into contact with hundreds of locals living around you who often, given the circumstances, have the same interests as you do.

For instance, if you are looking to rent a surfboard or Kayak, chances are the owner will be an enthusiast as well. This could lead to at the very least a friendly interaction if not a friendship.

Save Money and The Planet

The other great strength of renting rather than buying that it will save you a packet.

The sharing economy is founded on the principle that limiting ownership reduces marginal costs because the cost of production storage etc. is mitigated from the equation.

To return to the power drill analogy, a low-end model will cost you around $100, which means that every minute of use is around just under $8. Unless your drill doubles up as a cocktail-maker, this seems like an enormous waste of money. In comparison, the average electric drill on Fat Lama will cost you less than $8; really it’s a no-brainer.

Make Some Moral Money

Aside from the obvious social benefits, you can turn your underused belongings into hard cash, with virtually no effort.

We have all made some questionable purchases. Whether it’s that DSLR you promised your parents you were going to use or that sound system that never get used because of you neighbours. Now they don’t have to be an ugly reminder of the lost money but active assets that can start paying for themselves. Often the money made from these items can far exceed their original price, with some users earning up to $5000 dollars a month, more than the minimum wage in any country.

These are just a few examples of the way in which renting can impact your life for the better.

Right now it’s the fastest growing sector but the possibilities are infinite. What I hope you take away from this is that being an ethical consumer doesn’t have to be a bleak future of Spartan self-control but rather a re-imagining of the way goods flow today. Clean consumerism is not a dream, it’s right in front of us.