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December 2018 Income Report: Selling Horse ๐ŸŽ Website, Getting into Pinterest ๐Ÿ“Œ, Reviving Rat ๐Ÿ€ Website

Happy New Year โ„โ›„โ„ Hope this year will be a productive and successful one for you!

I also hope you had many fun parties during the holidays ๐ŸŽ‰๐Ÿ•บ๐Ÿป๐Ÿ’ƒ๐Ÿป๐ŸŒฎ๐Ÿ˜‹

Despite the festive period, my business life goes on as usual and here’s my regular income report, the last one for the year 2018.

In this blog, I write about what I am doing to create various income streams that come from online endeavors. The monthly income reports detail my results. Why am I sharing my income publicly ๐Ÿ“ข โ“ I hope to gain trustworthiness with you and to keep some degree of accountability for myself.

The reports also motivate me.

I tend to forget my small achievementsโ€ฆ and posts like this one wonโ€™t let me do it ๐Ÿ™‚ Apart from that, they help me to remember how much I have already invested. Itโ€™s a motivation to push even harder ๐Ÿ’ฆ

Read my income report #40 to find out what happened in December 2018.

What happened in December ๐Ÿ‘๐Ÿป

December 2018 was, unsurprisingly ๐Ÿคฃ, the last month of the year 2018 and oh boy, was it busy for me.

It was the second month I was working full time on my online business and I clearly did not waste any time. I did so much including things that were on my agenda since forever!

Selling Horse ๐ŸŽ Website

As planned in November, I sold Horse ๐ŸŽ Website on Flippa.

In the nutshell, the sale went well except a fact that it got almost canceled due to troubles the buyer had with AdSense ๐Ÿ˜ฃ

If you missed all my previous posts about it ๐Ÿ˜†, you might be curious: Why I sold it? To answer this question and many others, I wrote a detailed post about selling my first website on Flippa so I won’t write much about it here. Just go read the post if you want to know more.

Getting into Pinterest ๐Ÿ“Œ

Finally, I started looking at Pinterest๐Ÿ“Œ for ๐Ÿ˜ website! It has been on my agenda since the last year ๐Ÿ™ˆ and finally, finally, I am doing it!

As much as I understand it, if you really want to be successful on any social media, you better use some kind of automation.

Pinterest is not an exception and I decided to give a try to TailWind โ›ต

So far, I am loving it! It’s my new favorite toy hehehe ๐Ÿ˜†

I started using it the middle of December so only two weeks passed at the moment of writing this. Since that, I bumped up my Pinterest followers of ๐Ÿ˜ from 18 to 200+ ๐Ÿคฉ๐Ÿคฉ๐Ÿคฉ But I have to say that using TailWind made me be more active on Pinterest in general and that was the real reason why the following grew (and not just because of TailWind).

The Pinterest traffic to the website has also increased but not much since its latency is high.

Now the things are slowing down a bit, mostly because I ran out of fresh Pinterest content ๐Ÿ˜ฑ

But I also put a lot of efforts into it. Every day, I have a time slot of 1.5h reserved for Pinterest only. I plan to see real results more at the end of winterโ„ or in spring ๐ŸŒฟ.

Reviving Rat ๐Ÿ€ Website

Getting rid of Horse ๐ŸŽ Website freed some resources and allowed me to return to my other abandoned site: Rat ๐Ÿ€ Website.

Got lost in my elephants, horses, and other creatures? Read here to find out what the website nicknames mean

Its niche is similar to the ๐Ÿ˜ one and it means I can re-use some of my existing resources. For example, my writers are already writing some ๐Ÿ€ stuff and also, I am reusing the guest post opportunities I found for ๐Ÿ˜. I am trying to apply the economy of scale here! ๐Ÿ˜…

This website is seasonal with high season in summer so now it’s a perfect time to prepare โณ

Good financial year

Maybe, this section belongs better to the year review rather than a monthly income report since it talks about the whole year. However, I included it here because I wanted to explain why this December was so unusual from a financial point of view.

Overall, 2018 was a very good year for me in terms of finances. Here’s how:

๐Ÿ‘‰๐Ÿป cryptocurrency golden rush
๐Ÿ‘‰๐Ÿป good season for Elephant ๐Ÿ˜ Websites
๐Ÿ‘‰๐Ÿป selling Horse ๐ŸŽ Website

Plus, at my day job (when I still had it), my 2018 salary was the highest I ever had ๐Ÿค‘๐Ÿ‘๐Ÿป

All this will most likely result in a hefty tax bill for 2018 ๐Ÿ’ธ

In order to lower it a bit as well as invest more in my business, I decided to bump up my 2018 expenses by paying off as many next year expenses as I can. I prepaid email services, bought new tools, paid for hosting and domains and etc.

Because of that, my expenses should be going down in 2019. And because of that, the expenses in this month are frickingly high ๐Ÿ˜…

Personal life ๐ŸŽ„๐ŸŽ…๐Ÿป๐Ÿคถ๐Ÿป

In December, we went to Annapolis, MA for 4 days for a Christmas party organized by Sam’s work. It was a lot of fun. Annapolis downtown was very pretty and was full of Christmas spirit!

December 2018 income report - annapolis 2

 

december 2018 income report - annapolis 1

On Christmas, we got each other cool gifts. I got ๐Ÿผ pajama and a set of fancy tea and Sam got a bottle of fancy ๐Ÿ“ alcohol and ๐Ÿซ

December 2018 income report - xmas 2018

And also, many Xmasโž•New Year parties! Now, recalling what happened during the month, I am a bit surprised to see how I managed to have both a lot of fun and also hard work!

December 2018 income report - New Year 2019

 

Ok, now let’s go back to the business! โ€

Expensesโž–

In December, the expenses were very, extremely high because I decided to reduce my 2019 expenses and pay fewer taxes in 2018. I tried to buy in bulk all the services I am using (and most importantly, I know I will be using) and of course, the number skyrocketed.

Let’s look at the expenses in the details.

Expense Amount Notes
Outsourced writing $389.86 Ordered new articles
Outsourced labor $174.69 Paid a VA for doing some stuff
Outsourced images $0.00 Made all the images myself
E-marketing tools $595.39 Paid for SERP tracking, MailShake, a cheap access to AhRef tool, MailShake, TailWind, etc
PBN domain registration $22.12 Renewed some PBN domains
PBN hosting $42.90 Paid for Easy Blog Networks, an awesome solution for PBNs (read my review), Bulk Buy Hosting (here's my review), and more
Hosting $155.88 Amount paid for regular hosting
Domain registration $13.16 Amount paid for regular domain renewals
Guest posting $0.00 Amount paid for guest posting
AppSumo $49.00 Bought PromoRepublic package via AppSumo
GSuite $58.52 Paid for GSuite for 2 accounts: Elephant Website and Horse Website
Flippa fees+charges $257.00 Sold Horse Website and paid Flippa fees and charges
Total $1,758.52

Incomeโž•

The income in December was also untypically high due to the fact I sold my Horse ๐ŸŽ Website. Now after I sold it, the future income will be lower by $110 per month ๐Ÿ˜ญ

Got lost in my elephants, horses, and other creatures? Read here to find out what the website nicknames mean

Let’s look at the income numbers in the details.

Income Amount Notes
AdSense by Elephant Websites $145.16 Revenue from the 1st websites I bought + 2 others in the same niche
VigLink by Elephant Websites $$18.70 VigLink  revenue from the 1st websites I bought + 2 others in the same niche
Amazon by Elephant Websites $128.64 Revenue from the 1st website I bought + 2 others in the same niche)
AdSense by Horse Websites $32.91 Revenue from the 2nd websites I bought
Amazon by Horse Websites $0.00 Revenue from the 2nd websites I bought
Amazon by Rat Website $0.00 Revenue from the website built by Human Proof Designs; check their website to see if you can get a ready-made niche website for yourself
Ads by Rat Website $0.00 I monetize Rat Website through media.net
Amazon by Honeybee Website $0.00 Revenue from the website I am building myself with a PBN
Easy Blog Networks $32.59 Recurring and new affiliate sales for Easy Blog Networks, a solution for PBN hosting
Bulk BuyHosting $0.00 Recurring and new affiliate sales for Buy Bulk Hosting, another solution for PBN hosting
OFX $0.00 Revenue from OFX affiliate commissions
Paid guest posts $0.00 Revenue received for paid guest posting
Kickfurther $3.83 Online investments paid back; read more in my post about Kickfurther
Interest $6.29 Interest earned on a saving account
Sold a website 2,161.95 Sold Horse Website via Flippa (PayPal fees already subtracted)
Total $2,530.97

Totals ๐Ÿ’ต

Here are my totals for December 2018.

Total income $2,530.97 minus total expenses $1,758.52 makes a net profit of $772.45.

Here is the chart with my revenue vs expenses history for the last 13 months. I use the 13-month timeline instead of the 12-month one in order to show you how the current month performed compared to the last year.

december 2018 income report chart

January 2019 Plans ๐Ÿ“…

Woo-hoo, new year, new plans!

In January 2019, I plan to do following:

๐Ÿ‘‰๐Ÿป keep grinding and preparing for high season for both ๐Ÿ€ Website and ๐Ÿ˜ Websites
๐Ÿ‘‰๐Ÿป develop a Pinterest strategy for these websites
๐Ÿ‘‰๐Ÿป publish new content on my LOC blog as well as re-write some old articles

Also, I have not yet written the year income report as I planned in October. I was too busy and maybe, I will do it in January ๐Ÿคž๐Ÿป After all, the first month of a new year is better suited for reviewing the previous year!

Since I am not sure about my posting schedule… you should stay tuned by subscribing to my emails!

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Disclaimer: Some of the links in this post are affiliate links. I will receive a small fee if you choose to buy after clicking on any of these links. Thank you if you do! ๐Ÿค—

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