The month of June was my biggest month EVER! In total my side income was $1,899!!! Only $1 shy of $1,900 last month. That is a record for me. The last time I was even close to this high was last October.
The big increase is primarily due to one thing. Unfortunately this thing isn’t repeatable so my side income will likely drop by a few hundred dollars next month. The big driver of my June earnings was thanks to some social sharing of my monster post 66 Ways To Make Money Online.
This post was shared by The Penny Hoarder on their Facebook page and got over 4,000 likes and shares!!! That drove a considerable amount of traffic and affiliate sales in just a few days.
There is a graph below with more details. If you’re interested I’ve added some details on this huge traffic boost as well as some more info on my earnings and website stats.
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Other than this the month of June was pretty normal. I continue to do my college courses in financial planning with the intention of possibly starting a small side business in the future. The hope is that this side business will turn into something I can do full time from home.
Check out these links for some of my past income updates…
- November 2014: $1,539
- December 2014: $1,504
- January 2015: $1,662
- February 2015: $1,126
- March 2015: $1,257
- April 2015: $1,732
- May 2015: $1,672
(Looking for other opportunities to make money? Check out my post 66 Ways To Earn Money Online for a bunch of additional ideas)
My June Update: $1,899
My side income from my websites was quite strong this month. Thanks in part to the Facebook post from The Penny Hoarder. As you can see in the graph below the spike in traffic was pretty big. It’s hard to say exactly how much additional affiliate sales this drove but my estimate is $300+.
There was a huge jump in traffic on the first day that they shared the post. But the additional traffic continued for a few days after as well. The majority of the traffic finally started to trail off after about a week.
But even now the site is getting more hits from social media sites like Facebook and Twitter than it used to. This is probably still residual sharing thanks to that initial post plus new visitors sharing other articles.
The exposure was great for visibility. Getting new “eyeballs” is important for small sites like mine. Building readership is hard to do so any help is appreciated. There was an increase in email and Facebook follower-ship in June. (Thank you for joining!)
Even without the sharing on Facebook I would have come in above my $1,500 target. It’s still only half of my ultimate goal of $3,000/month but at least its holding steady for now.
Pages per session and bounce rate jumped up due to the Facebook sharing. A lot of people only came to view that one page and then bounced back. This greatly increased the bounce rate and decreased the pages per session. High bounce rates and low pages per session are not good for websites. It’s unclear if Google tracks this info but at the very least its a sign that readers aren’t finding enough value from your site to at least click around a bit.
Thankfully as things got back to normal the bounce rate came back down. So no real worry there.
- Sessions: 32,349
- Pageviews: 53,688
- Pages/Session: 1.7
- Bounce Rate: 75%
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Swagbucks was great in June. Referrals boosted my income from Swagbucks to $125 last month. Referrals now generate the majority of my income from Swagbucks. I still use it for most of my search so that also earns me some cash. Sign up now and get a $5 sign up bonus from Swagbucks.
The goal is to eventually own my own business. There are a few idea’s I’m tossing around. One of the ideas is to start a personal finance business. To make that happen I’ve been taking college courses towards a financial planning certificate.
The current course I’m taking is about insurance and risk management. It’s boring. Terribly boring. I’ve had to read entire car, life and home insurance agreements. So boring 🙁
The other mistake I made is that I took this class online. I thought it would be easier to do an online course in the summer. More flexibility. The truth is that its not nearly the same experience. I much prefer the in-class lessons. More discussion and easier to learn.
On top of this idea I’m also looking into creating an “e-resource” of some kind and selling that online. Since I already have some experience with websites I figure this could be another interesting side business. Although the side income from my current websites is awesome I don’t like the fact that its all from advertising. I don’t own/sell my own product… and that makes me nervous.
There are lots of cool ways to monetize an “e-resource”…
- video courses
- virtual coaching
- virtual consulting
- website with premium content
Any other ideas you have for monetizing an e-resouce?
Making Money From Home:
June was amazing. Thanks to some social sharing I was able to hit my highest side income ever!
It will take a lot of hard work to beat June but I have a few things up my sleeve that hopefully will drive some big increases in income over the next 12-18 months.
My goal is to make $3,000/month from home by the end of 2016. That still gives me some time to make things happen but I better not get lazy.
Thanks for reading!
How was your June? Make a comment!
Photo via iStock