February Income Report

February 2017 Income Report

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

With so much work on this site, freelance work, and Amazon FBA rideshare driving has been lax. Not only that but my car is getting old and not running as well as I would like before driving people around.

This is an important way to make money, I still feel it’s worth it but in the mean time I’m not sure how long till I drive again.

If you are interested in driving for Lyft click here , Uber click here or if you want to start using Lyft as a passenger click here.

 Blog Income $0.00

Whether sponsored posts, affiliate sales, or coaching I have got nothing. I would like this site to make some more money in order to pay for the hosting.

That being said I’ll take what I can do.

Freelance Income $363.52

Not the easiest income but my favorite. I truly do love writing and this side hustle allows me to get paid to do something I enjoy. Not only that but I feel (and feel free to correct me) that my writing is improving the more I do it.

On my own site if I miss a “deadline” I only get mad at myself and nothing really happens. However if I miss a clients deadline that’s more of a big deal so I take the time to make sure that the client work gets done. Sometimes even not doing my own work to do it.

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 $894.92 Cost $486.15

Next to freelancing this is my favorite income. It’s also the highest income right now making it my “bread and butter” income. If I can get this to a level where it pays my bills (something I think can be done) then the rest of the money will be extra.

February started out great with a huge deposit from end of January sales. Now I had a huge client project so didn’t go out shopping with the money I received till nearly the end of the month. Meaning that March sales should be better but I won’t actually see a huge income from it until end of March beginning of April putting me that much farther behind. So, moving forward I will make sure I take the time to get this done first since it’s currently making me the most money.

Want to learn to sell on Amazon the same way I have? Check out The Selling Family. Cliff and Jessica are awesome.

Misc. Income $120.00

Not yet discussed on the blog entirely, this is some random low income stream that will have it’s own blog post in the future.

Wrap Up

My ultimate goal is to get all of the side income to match or surpass mine and my wife’s current 9 to 5 incomes.

Monthly Income Needed: $3,000
Side Income Total: $1,378.44
Difference: -$1,621.56
YOY Increase: $947.41 or 219%

Coming in just under half way to goal is not a bad month. Especially comparing it to last year at this time with a 219% increase (compared to only 23% last month)

Next Month

Starting the month off I will be visiting family up north and won’t be doing to much work on this site. I do have some client work that will be done as well as a big project for my own site I started earlier in the week. So stay tuned for some big things coming in the near future.

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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 bellow.

*Part of Financially Savvy Saturdays on brokeGIRLrich, and Racing Towards Retirement*

18 thoughts on “February Income Report”

    1. Jens, I checked out that list and thank you so much for including me. A lot of really amazing people to be included with.

    1. Would love to but at the moment still working on getting my debt paid off, once that’s done I’ll be going full force into dividend investing.

  1. Congratulations on making so much on Amazon during the last month! I like how you have such a variety of income streams to help bring in money.

    1. Yes having many streams of income makes thing much more interesting. I wish any one of them would grow enabling me to only work for myself full time but for now it’s nice having what I have.

  2. Great work with your side hustles! I’m caught between the thought of ramping up my freelance writing and doing more to build up my blog (and future income). Normally I’d jump at the idea of more money in the future, but we’re trying to pay off debt NOW. Anyway, curious to read about your other side hustle idea! 🙂

    1. Jamie, yes that is kind of my biggest problem too not knowing if I should work on things that make me money now, or things that will make me money in the future. We too are trying to get out of debt and I like to throw everything we can towards that. We’ll see what the future brings, right now I’m readying “The One Thing” in hopes that it helps me focus down on what I need to do.

  3. Seems like a pretty good month. Thanks for sharing. My February started off fairly well with credit card bonuses (taken as cash rewards) and income tax returns rolling in, but they were eaten up by some unexpected dental work and electrical repairs. I’ve started answering surveys for a little extra for the future.

    1. Gary, that is unfortunate that your income was eaten up, though I completely understand it. I’m currently sitting in my brothers house in Maine due to a last minute trip for a funeral. Not sure if you’ve ever tried to buy last minute plane tickets but they are less then desirable. Keep up the hard work with the surveys, I recently looked into that and made a few dollars from doing it.

  4. Congrats on a good February. I’m sure that you will be able to increase that Amazon goal in no time. I’m looking forward to reading your post on the Misc income.

    1. Hey Jason, yea Amazon seems the most logical to grow and is as of now my main focus. The misc income isn’t that exciting I promise you that just can’t discuss publicly due to the nature of it. Nothing illegal just could get me in trouble if I talk too much about it now.

  5. Great job with February income! The good thing about many income streams is that you aren’t super reliant on any one to make it a good month. I am super impressed with your Amazon earnings!

    1. Thanks Jax yes I plan on always having multiple streams of income. For years I thought it was impossible to have any income from anything other then a 9 to 5 job. Now that I’ve discovered passive and online income I can’t go back.

      Amazon is one of my favorite income streams, I can see it grow daily really with how much stuff I’m doing now with it. Just wish I didn’t keep running out of capital for it.

  6. Congrats on the 219% increase! I think one of the best parts of tracking income/net worth and of those types of things is that while growth can feel real slow, over time, you have such tangible proof that your efforts and actually making progress!

    1. Yea, and comparing things to the month before makes me feel terrible. However, comparing to the year before I can really see the progress which encourages me to go on and do more so that next year I can see the same percent increase.

  7. Slow and steady!

    Our side income brought in about $200 this past month from Poshmark sales and dividend income from a pretty modest investment portfolio and I’m due to research other options for extra income streams. I’d love for one of them to become a big enough earner to replace my full time job but that’s a ways off.

    1. Revanche even though your side income was less I’m really jealous of your dividend income. It’s been a goal of mine to start dividend investing but until our debt is paid off it doesn’t make financial sense. Keep up the good work and you’ll be able to replace your income in no time.

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