Every month I will be documenting my income from all of my side hustles. As I am just starting out some (more like all) of these amounts will be very little or even nothing. In full future me style though I’m going to include things that I may not even be doing yet because I know that in the future these things will be bringing in an income.
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Rideshare Income $0.00
So, I’m going to be completely honest here, I’m probably not going to start driving again anytime soon.
There is a lot of reasons going into it, and I’ll probably write about it soon. I still think this is an amazing way to make money, especially if you need some quick.
That being said, I’m probably not going out anytime soon.
Blog Income $0.00
Yet again nothing new here. I’m trying a few new things when it comes to sponsored posts to basically pay the bills here.
I’d rather have affiliate sales because that helps not just me but my audience too.
I plan on doing much more of it in the future but as for now, I’ll take what I can get.
Freelance Income $3,804.55
What a difference a year can make. I made a few hundred dollars freelancing last year, and really up until 6 months ago.
This is mostly from one client that I work with and run the sponsored posts and other things as well.
It takes a lot of time but is worth it, and best of all I can work from home, or anywhere else for that matter.
If you have any suggestions or maybe a freelance opportunity that you have please let me know by contacting me at tjphilbrook@IamTheFutureMe.com.
Amazon FBA Income $2936.10 Cost $2172.40
So I learned a few things with Amazon this month I didn’t already know.
First, quarter 4 is just as great as I remember. I had one day of nearly $2,000 in sales which was amazing.
Second, I need to make sure that all cards and bank accounts linked to Amazon are up to date.
I had around $11,000 in sales for the month of December with about $8,000 of that suppose as my portion.
The issue is that I had a credit card tied to my account that had expired without me knowing. Because of that Amazon withheld my payment and I won’t get it until January.
A minor inconvenience really in the big picture as I will get the money, just not in 2017.
Want to learn to sell on Amazon the same way I have? Check out The Selling Family. Cliff and Jessica are awesome.
Misc. Income $28.50
I’ve done nothing and made over a hundred dollars. What else can I say about that, it feels amazing.
Monthly Income Needed:$3,000
Side Income Total:$6,769.15
YOY Increase: $3709.28 or 221.22%
So hit my goal by a lot. More than double my goal and what I made last year.
What’s really funny to me is had that Amazon issue not happened I would have hit 5 figures this month.
The payment I was going to get would have brought my income to $10,053.72.
On top of that, I had a freelance payment delayed until January which would have increased my monthly income to $11,353.72.
So, a few takeaways from that.
First, don’t put yourself in a position where you need the money from the business.
I have spent time and budgeted so that the money I make this month pays for next month.
Really if you break it down the money I make this month pays for 5 months from now as I have a 5-month buffer.
Second, keep up to date on your business. If I had an updated credit card on file this wouldn’t have happened. A simple mistake that won’t have any negative lasting effects.
January is exciting, we have a lot planned here. First and the largest thing is that we have the Podcast coming out January 4th.
This is a continuation of the site, I’m interviewing some great guests all about getting in and out of debt, investing, starting businesses, and living the life they want.
Sign up here. to get updated when new things come out.
How was your month? Did you make as much as you had anticipated? What are you going to do differently this month to make sure you become the “future me”? Commit to it now by telling us in the comments below.