June 2018 Income Report (2024)

Blogging has really helped shaped my life in so many ways. The thrill I get every time I see people reading our posts is just amazing.

It has also been a tremendous help in getting me through some of my darkest days. Being able to write my story and inspire others going through the same struggles helps me get out of bed in the morning and continue to push through.

And for someone living with Depression, getting out of bed and doing something is a major milestone.

Hi, everyone! Welcome to ourJune 2018 Income Report– this is the place where we share with you our blogging journey. All the ups and downs, twist and turns, wins, lessons and of course how we eventually made money from blogging.

I’ve always wanted to write an Income Report but I was thinking that since we were not really making a large amount of money and we were just starting out, it wasn’t really that relevant to share it. But that is where I’m completely wrong.

WHY WRITE AN INCOME REPORT

After reading a few income reports myself (from small to big bloggers) I’ve realized that it doesn’t really matter how much money you’ve earned from doing it. Income Reports are a form of motivation; they give us that extra push every time we feel like we can’t make it. They remind us, readers, that everyone started at the bottom and with hard work, determination and faith, we can also achieve success.

And that is my purpose for writing this, to inspire all those bloggers who are just starting out, thinking that you are not seeing any progress or even for those who are planning to start a blog – I tell you, making money from blogging is definitely possible.

Plus, Income Reports are also a great source for learning new tips on how to increase blog traffic and revenue. But before we get into that, let me tell you a little back-story on how we started.

HOW WE STARTED(If you have already read our first Income Report, feel free to skip this one)

We launched our blog on the 3rd week of March. It was a dark time in my life. I considered it as one of my lowest points. I had to quit my job, I was diagnosed with Major Depressive Disorder, and I had panic attacks. I had zero savings, no backup plan what so ever. I was a mess.

I was lost, stuck. I didn’t know what to do next. I had no idea what path to take but I knew I wanted more.

After coming across an Income Report on Pinterest (see, Income Reports are inspiring) I had this sudden rush of wanting to start my own blog. You know the feeling of having butterflies in your stomach – I felt that but it was the good kind.

So, despite having very limited technical knowledge on blogging, I decided to dive right in. I bought my domain withBluehost.

A quick side note:

If you are planning to start your own blog and you’re debating on whether you should invest in a self-hosted site, I strongly suggest that you do. If you have plans of monetizing your blog,a self-hostedsite is the best way to go. It will be so much easier for you to be accepted to ad networks and it just gives you more security and flexibility.

And I seriously suggest going withBluehost, its super budget-friendly – I haven’t seen any better offers and they are helpful, they will guide you with the process if you ever have any troubles.

Get started with Bluehost using this link

I didn’t want to spend too much money on my domain (I’m broke) so, definitelyBluehostwas a great choice and I asked my sister and boyfriend to join me.

And here’s how we did for the month of June

We were able to reach38,446 page views.

This may not seem like a very large number for others but for us, this was definitely a major win.

Here’s our Income Report for the month of June

Google Adsense – $221.21

Amazon Affiliate – $2.47

Total Income – $ 223.68

Words could never describe how happy we were to double the amount we’ve earned for the month of May.

And this is still all thanks to Pinterest(our main traffic source)

Thoughts for June

June was definitely a tough month. There was a major decrease in traffic coming from Pinterest.

And since Pinterest was our main traffic source, it really affected the average page views that we were getting on a daily basis.

You can’t imagine the frustration that we’ve felt. We’ve spent days trying to figure out what we were doing wrong or what changes we’ve made that could have triggered that.

But thankfully, after reading a couple posts, checking updates from seasoned bloggers, we were so relieved to know that this was also happening to others (seasoned bloggers included)

And this is why being a part of amazingFacebook Groupsis super helpful.

It’s a perfect place where you can learn and grow with other bloggers. It’s full of helpful discussions and updates.

And I’m lucky to be a part of a few Facebook Groups that has amazing members. A community which is not solely focused on their own growth but also in helping small bloggers (like me) grow.

Without them, I would have never known that traffic is usually slow during the summer season – since most people spend more time outside and lesser time on their phones and laptops.

I’m planning to create a list of Facebook groups that you should become a part of. If that’s something that you would be interested in reading, let me know in the comment section below and I would definitely make that happen.

Now, let’s take a look if we were able to achieve our goals for the month of June.

As stated in our first income report post last month, here are our goals for June.

Reach 25,000 sessions to apply for Mediavine

We are able to reach27,991 sessions.

Definitelya major win for us. We already submitted our application for Mediavine before the month of June ended; we are just waiting for their decision (crossing our fingers)

And I would just like to give a big shout out to Mediavine. Their team is just exceptional.

We were having problems exporting our Google Analytics stats in pdf format since no matter what we do, a part of the page keeps getting cut off.

And since I’m not tech savvy, at all, that was definitely a challenge but thankfully, they offered to do it for me (they saved me)

Big thanks to Mediavine’s Team!

Get 35,000 page views

With the sudden drop in traffic coming from Pinterest, we thought that this goal was no longer attainable but thankfully, we were still able to reach38,446 page views.

We had a couple pins go viral during the first week of June so that definitely gave us a head start.

Reach 1,200 followers on Pinterest

We now have a total of1,334followers on Pinterest.

Get our first affiliate sale

We got our first ever affiliate sale coming from Amazon for $2.47. Though it’s not a large amount, we are still happy for that small win.

Grow our email list

We only had a total of150email subscribers, for the month of May. Now we have a total of380email subscribers.

We are ecstatic to know that we were able to achieve all our goals for the month of June despite all the struggles and challenges that we’ve faced.

It just goes to show that as long as you continue to push forward and work hard, despite the struggles and challenges you will make it.

Now it’s time to start working on our goals for July

Reach 45,000 page views
Grow our Pinterest Following to 1,500
Get our first Affiliate sale with Bluehost
Grow our email list to 500 email subscribers

One last takeaway for June

I’ve learned that with the uncertainty in traffic, it’s smart to learn to diversify not only your income sources but also your traffic source.

So, just in case something happens with your first major source of traffic, you would always have a backup plan and it won’t affect you too much.

Especially if you are planning to solely rely on your Blog Income in the future, it would be best to learn to explore other sources of traffic and other ways to monetize, to avoid any stress and frustration just in case anything happens.

That’s it for this month! I hope this Income Report will inspire you to pursue your blogging dreams and to keep pushing and fighting, despite the challenges and struggles because it’s definitely worth it.

And for anyone out there who feels discouraged or overwhelmed, you are not alone. Just continue to persevere and don’t compare your first few months to other’s years. Work on your own pace,focus on your own growth and keep learning, you will definitely make it!

Thank you so much for reading!

If you find this article helpful. Pin it on Pinterest

FAQs

How do you determine the net income loss for the period? ›

Revenues and expenses are part of the income statement, and at the bottom line, you will find the net income or net loss. When you subtract the expenses and costs from revenue, the result will be either positive or negative. A positive result is called net income, and a negative result is a net loss.

Read On ›

Why should the income statement be prepared first? ›

An income statement is typically the first financial statement prepared. This statement lays the groundwork for both the balance sheet and the cash flow statement, showcasing the net income from revenues and expenses, which impacts assets, liabilities, and equity.

Discover More Details ›

What is another name for the income statement? ›

The income statement is also known as a profit and loss statement, statement of operation, statement of financial result or income, or earnings statement.

Are income and expenses not elements of the income statement? ›

An income statement typically includes revenues, expenses, gains, and losses. The given statement claims that income and expenses are not elements of an income statement. The given statement is false because income and expenses are indeed essential elements of an income statement.

See Details ›

How to figure out net income loss? ›

Subtract expenses from the revenue. If the calculation yields a negative number, that number is the net loss, which represents how much money the business lost for that period. If the calculation yields a positive number, that number represents the net profit.

Find Out More ›

How do you report net income or net loss? ›

You do this by subtracting your business expenses from your business income. If your expenses are less than your income, the difference is net profit and becomes part of your income on page 1 of Form 1040 or 1040-SR. If your expenses are more than your income, the difference is a net loss.

Tell Me More ›

What is the formula for the income statement? ›

The basic formula for an income statement is Revenues – Expenses = Net Income. This simple equation shows whether the company is profitable. If revenues are greater than expenses, the business is profitable.

Show Me More ›

What is the formula for net income? ›

Key Takeaways. Net income (NI) is calculated as revenue minus expenses, interest, and taxes. Earnings per share (EPS) are calculated using NI. Investors should review the numbers used to calculate NI because expenses can be hidden in accounting methods, or revenues can be inflated.

Explore More ›

Which comes first, balance sheet or income statement? ›

The income statement or Profit and Loss (P&L) comes first. This is the document where the income or revenue the business took in over a specific time frame is shown alongside expenses that were paid out and subtracted.

How often do you typically update an income statement? ›

An income statement is a financial report detailing a company's income and expenses over a reporting period. It can also be referred to as a profit and loss (P&L) statement and is typically prepared quarterly or annually.

Show Me More ›

How often is an income statement completed? ›

Introduction to Income Statements

Your income statement (sometimes called a statement of revenue and expense) shows the revenue your practice earned and the costs associated with running your business. Although an income statement can be prepared for any interval, it is usually prepared annually.

Read The Full Story ›

What items appear on the income statement? ›

The income statement presents revenue, expenses, and net income. The components of the income statement include: revenue; cost of sales; sales, general, and administrative expenses; other operating expenses; non-operating income and expenses; gains and losses; non-recurring items; net income; and EPS.

See Details ›

What is not found on an income statement? ›

The income statement includes revenue, expenses, gains and losses, and the resulting net income or loss. An income statement does not include anything to do with cash flow, cash or non-cash sales.

Get More Info Here ›

Which items would not appear in an income statement? ›

Answer and Explanation:

Dividends will not be found on the income statement. Dividends represent a distribution of a company's net income. They are not an expense and they do not need to be paid. Rather, if a company has a net income and decides they want to pay a dividend they can.

Which is not reported on the income statement? ›

Answer and Explanation:

unearned revenue. Revenue is earned once the seller satisfies the performance obligation by selling the goods or services. Unearned revenue represents a liability for the company, and liabilities are reported on the balance sheet, not the income statement.

What is net loss for the period? ›

A net loss is when total expenses (including taxes, fees, interest, and depreciation) exceed the income or revenue produced for a given period of time.

View Details ›

What is the formula to find profit or loss for a period? ›

Accounting profit, or net income, is determined by subtracting all costs from revenue for a particular accounting period. Economic profit is determined by going a step further and subtracting opportunity costs, as well. The former represents an actual figure that's included on financial statements.

How is net income or loss determined by using the end of period spreadsheets? ›

Total expenses (Debit column total) are subtracted from total revenue (Credit column total) to find net income. Net income is entered as a debit at the bottom of the Income Statement section of the work sheet. On the same line, enter the net income amount in the Balance Sheet Credit column.

Learn More ›

What is the net profit or loss for the period? ›

Normally, all items of income and expense which are recognised in a period are included in the determination of the net profit or loss for the period. This includes extraordinary items and the effects of changes in accounting estimates. (a) profit or loss from ordinary activities; and (b) extraordinary items.

Discover More Details ›