Freelance Income: January 2020

Freelance Income January 2020

Time for Zero’s monthly Freelance Income update for January 2020!

I began making a monthly post for my freelance income in January, 2019. Now, it’s February, 2020 (whoops), and this post makes a brand new year!

SO MUCH has happened in the past year, and it’s hard to believe that a year ago, I was struggling at a full-time job, juggling a few side-hustles while trying to save as much as I can, and now, I’m BaristaFI, working as a freelance writer and consultant.

YTD Freelance Income By Month

Freelance Income for 2019
January$2,416.86
February
March
April
May
June
July
August
September
October
November
December
Total$2,416.86

Freelance Income: $2,416.86

Most of my income from January came from my online courses. It was a month spent updating my said online courses so that I can fly out and go re-record them for re-releases in February, so I didn’t do much “actual” work. I did write one article, but I didn’t get paid for it until February.

I closed my online shop (because it was costing me more to maintain for fees than I was making), and opened a Patreon for one of my projects.

eBook$13.43
Video Courses$2,116.47
Interest$29.01
Amazon Affiliates$74.65
Patreon$47.49
Podcast$9.74
Course Affiliate$37.50
Other$8.57
User Research$80.00
Consulting$0.00
Writing$0.00
Total$2,416.86

Analysis

In 2019, I achieved monthly passive income of around $1,000. This year, I want to have passive income of $2,500 by the end of the year, if not closer to $3,000. I don’t know how I’m going to make it happen yet, but it is a lofty goal, and something that will put my mind at ease! ($30,000~36,000/yr in passive income is no small matter!)

Ebook

As I’ve been saying for the past few months, the one eBook I have out is basically “dead.” I am in the process of trying to figure out what to write next!

Video Courses

Last year, I earned $15,483.94 from my video courses. This year, I hope to double that, if at all possible, and earn $30,000. We’ll see how it goes! Started off the year strong with over $2,000.

If you want to check them out, you can check find them here: IntroToAWS.com 😊

Course Affiliate

This one’s just icing on the cake. I get some money when I sell my own courses, which apparently doesn’t happen very often.

Podcast

I currently have 2 monthly supporters for my podcast. And make around $10/month. The ads aren’t doing much, because my listenership is pretty low, but that’s kind of on me, because I’ve been in a slump lately, and haven’t had anything to publish…

Amazon Affiliate

I ended up with $1,273.15 from Amazon Affiliates for 2019. This year, I’d at least like to get the same, if not something like $2,000. Not sure if it’s happening though, but one can dream!

Honestly, given I started at $0.00 last January, the fact that I have an average of $100/mo in passive income here is pretty amazing to me!

MonthAmazon Affiliate
January$76.65
February
March
April
May
June
July
August
September
October
November
December
YTD Total$76.65

Writing

So the writing gig that I was hoping will be consistent was a bust, and they also refused to pay the full amount we agreed upon. BUT, I guess it was better to find that out NOW than later, so I ate the loss, got half the money, and cut ties with them. They didn’t pay until February, so the amount will be reflected in the next entry.

User Research

I did some User Research (I use UserInterviews.com), and got $80. Now that I’m a little more centered with my life, I can poke around User Research again for some extra cash/Amazon gift cards!

YTD Total: $21,632.51

My 2019 freelance income total was $21,632.51. While this is peanuts compared to the “day job” I left in June, it’s still impressive to me that I built this up in a year.

In 2020, I hope to at least make $25,000, but want to get to $30,000, while still balancing my work and life. I quit my job to “rest” and start my recovery process from my chronic illnesses (or at least get into “maintenance phase”), so I want to be cognizant of the fact that I shouldn’t be overwhelming myself with stress and work.

I’m super excited for 2020, as this is my first “official” full year of freelancing! It’s been interesting fielding requests for me to “come out of retirement” and work full-time for different start-ups and companies, and really makes me wonder where they were BEFORE I made the leap to fall off the corporate ladder! If they’d come to me half a year ago, I would’ve gladly taken their 6-figure offers!

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