Financial Report Q1 2016

Welcome to my 2016 financial report q1. Blog financial Report(s) are now a thing in the blogging world, some call the income reports or expenditure reports but regardless of what you call them they are now a thing. I started mine last year after my birthday when I realised I had no clue what I was earning from my blogs and wanted to stay on top on them. Most people prefer to keep these personal especially if this is their full time job but I chose to share mine as blogging is a hobby turned business and I want to share both my gains and my losses to new and old bloggers. There are so many bloggers out there who are losing hope, wondering if they will ever make money from it or not. I did not start out to make money, I have been very fortunate that making money is now a possibility with my blog. Do not be fooled, blogging is hard work and if you’re thinking you will be making money from the get go then you will be surely disappointed and also note making money from the blog is not consistent.

Blog financial report

The majority of stories you see in the media about people making money from home, from blogging is not all it seems. There is blood and sweat, time that you will never get back and effort that goes into making serious money from blogging. Like I said this blog for me is a hobby, I have a full-time job but I am also starting to make this blog into a business and it is proving challenging and needs more work and hours than I can give it so I take it one day at a time.

Financial Report Q1 2016

The last Financial report was Q4 2015 where I made £705 cash in bank and £63 in products for review. This from a hobby is a beautiful amount which I honestly should have been saving but been using to fund my weekend trips away and I do not regret that. I am very fortunate to be able to generate such income from the blog, many people who share their income reports will break it down into ‘income directly from blog‘, ‘income from affiliates‘ and ‘income from page views‘ (adsense etc). I do not break mine like this because I only earn from my blog directly, my page views are too low to earn anything worth mentioning on the blog and same applies to affiliates but for this quarter I will add affiliates and directly from the blog.

January Earnings – £615.90 (before paypal fees) + £150 (amazon gift card via affiliate) + $100 (£70) in products = £835.90

January like December is always a good month since I started receiving sponsors on my blog. There are so many companies wanting to work with bloggers to advertise their brand or starting out anew and want bloggers to spread the word. I worked with a lot of companies which was great and some were repeat sponsors which is ever better, I also had chance to use the new social influencer network Buzzoole where I earned upto £330 in points but only checked out £150 in amazon gift cards. I also had an opportunity to review some beauty products worth in total about $100.

February Earnings – £247 (before paypal fees) + $40 (via brandbacker an affiliate network) + £30 in products = £292

February was a good month though I spent most of it traveling so did not have a chance to accept more sponsorship but I think I earned a good amount to use for my travels. I also received a few products to review including L’Oreal Paris Excellence cream in brown but didn’t really do much for me apart from make my black hair look jet black (which was awesome).

March Earnings – £502 (before paypal fees) + £50 (amazon gift card via affiliate) 

March was another good month for the blog, I still have a few products to try even some sponsorship yet to be paid so I have not included those in this count. I worked with some lovely companies most notable being House of Fraser. Another good month for A July Dreamer.

All these totals are before any sort of tax is applied and VA’s paid, I have presented this way so new bloggers can see it’s totally possible to earn something from the blog.

Earnings from Q1 of 2016 = £1,679.90.

I am very pleased with these earnings and are very excited to see what Q2 2016 and the rest of 2016 has in store for me and my blog.

Is blogging a hobby, business or a little bit of both? Do you earn anything from the blog? Do you share your earnings (if at all)?

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66 Comments

  1. April 2, 2016 / 10:55 am

    I love seeing peoples financial reports, it really gives you the get and go to work harder at your own blog. Keep up the good work! X

    • April 2, 2016 / 12:09 pm

      Thanks Charli

  2. April 2, 2016 / 8:56 am

    I love reading these reports as they really inspire me to improve my own blog. Very impressive few months, hope you keep it up 🙂

    • April 2, 2016 / 12:08 pm

      Thanks Laura

  3. April 1, 2016 / 11:18 pm

    Wow you have done really well to earn that from your blog! Hopefully it won’t be long till I am at a similar place

    • April 1, 2016 / 11:41 pm

      Hopefully it won’t

  4. April 1, 2016 / 8:58 pm

    Great to see what you’re doing so well and showing hard work really does yield results X

    • April 1, 2016 / 11:39 pm

      Thanks Rachael

  5. April 1, 2016 / 8:53 pm

    Oh wow fantastic report!! So amazing to be earning that much, well done you.

    • April 1, 2016 / 11:39 pm

      Thanks so much

  6. April 1, 2016 / 9:08 am

    It’s great to see how you are doing and where your income streams are coming from. I’m really interested in affiliate marketing at the moment so will be checking out the one you mentioned.

    • April 1, 2016 / 9:13 am

      Thanks Zena, I can never hack affiliate marketing but maybe next year

  7. March 31, 2016 / 7:36 pm

    Blogging is a hobby for me, I do it for the love just now, but it’s great to see people earning from it and it’s definite food for thought – well done! xx

    • March 31, 2016 / 7:44 pm

      Thanks so much, it’s a hobby for me too so I am pleased to be earning from it

  8. March 31, 2016 / 5:10 pm

    its really helpful to see how others are making money from blogging

    • March 31, 2016 / 6:01 pm

      I find it helpful too when I read what others are making

  9. March 31, 2016 / 2:38 pm

    Wow, congratulations. This is almost double what you eared from the last quarter. Kudos.

    • March 31, 2016 / 2:50 pm

      Thanks, yes almost double

  10. March 31, 2016 / 10:33 am

    I am starting to earn now, I earnt 100 in January for one sponsored post, 75 in February for two sponsored posts and this month I made 175 for three sponsored posts. How do you get to your stage of earning?

    • March 31, 2016 / 10:56 am

      That’s awesome Ana, I don’t even know how I got to this stay of earning but hard work has helped too

  11. March 31, 2016 / 10:13 am

    That’s incredible I have definitely spent more on my blog than I have earned but that’s ok because I love doing it!

    • March 31, 2016 / 10:28 am

      Thanks and if you enjoy it that’s the main thing

  12. March 31, 2016 / 7:00 am

    Impressive! If I was to write something similar, all the numbers would be preceded by a minus sign. Well done!

    • March 31, 2016 / 8:21 am

      Hahahaha thanks Grant I am sure there are some pluses somewhere too

  13. Monika Celly
    March 31, 2016 / 4:13 am

    You are doing great. The report shows it all !

    • March 31, 2016 / 8:21 am

      Thanks

  14. March 31, 2016 / 1:53 am

    Oh, Congrats! It’s good to hear that someone is making money! You’re doing a wonderful job especially since it’s a hobby!

    • March 31, 2016 / 8:20 am

      Thanks Maureen it’s nice to earn something from a hobby

    • March 31, 2016 / 8:20 am

      Thanks I did indeed

  15. March 30, 2016 / 11:49 pm

    Making money from a blog means stepping up your game, being integral, for your audience as they are the target of the promos and picking the right sponsorships and it looks like you have picked some Winners Miranda. So I take my hat off to you and salute you greatly,. You are amazing for sharing your earnings and thus encouraging upcoming and older bloggers to take the plunge. And seek said sponsorships. Awesome, Massive congrats!

    • March 31, 2016 / 8:20 am

      Thanks so much Julie I truly appreciate that. It’s been an incredible quarter

  16. March 30, 2016 / 11:06 pm

    You’re doing amazingly well! That’s a greta looking income report, you should be very proud x

    • March 31, 2016 / 8:19 am

      I am and thanks so much

    • March 30, 2016 / 10:38 pm

      Thanks so much, I am quite pleased

  17. March 30, 2016 / 10:02 pm

    I too earn a small income from my blog, I have never thought to do something like this before. You seem to be doing really well, well done xx

    • March 30, 2016 / 10:37 pm

      Thanks Lindsay

  18. March 30, 2016 / 9:59 pm

    Wow you did have a good March (and it’s not totally over lol)
    I do make some money from the site but most of it is a result of freelancing and writing on other sites. I plan to change all that soon with my first E-Course.
    I don’t think I would share the income report specifically until I reach a certain amount of income.
    I hope the 2nd quarter is even better for you.

    • March 30, 2016 / 10:37 pm

      Thanks Dia and good luck with the E-Course

  19. March 30, 2016 / 9:48 pm

    Wow, well done you this is amazing to read, I am so chuffed for you x

    • March 30, 2016 / 10:35 pm

      Thanks so much Rachel

  20. March 30, 2016 / 9:02 pm

    Great job! It is so true that how much you make changes every single month as a blogger! It looks like you are working from a hobby into a real venture some months. It is so nice to have a little extra money on the side though!

    • March 30, 2016 / 9:16 pm

      Thanks, blogger earnings vary and yes it’s nice to have side change

    • April 1, 2016 / 3:22 pm

      Thanks and good luck

  21. March 30, 2016 / 8:45 pm

    Those are some great earnings – well done

    • March 30, 2016 / 9:08 pm

      Thanks

  22. March 30, 2016 / 8:11 pm

    Oh wow that is some amazing earnings! I look forward to seeing what Q2 brings you 🙂 x

    • March 30, 2016 / 8:13 pm

      Thanks Sarah

    • March 30, 2016 / 8:07 pm

      Thanks

  23. March 30, 2016 / 6:57 pm

    Wow you’ve done so well! I’ve only ever earned free stuff and maybe a few quid here and there but never that much! Well done!

    Oliver • http://suedeandsymphony.com

    • March 30, 2016 / 7:43 pm

      Thanks Oliver, it’s nice to earn something from a hobby

  24. March 30, 2016 / 6:40 pm

    I think I probably could earn something from my blog but I’m scared to make the jump. It means declaring yourself “self employed” and doing your own taxes and it will mess up any benefits we recieve (just working tax credit) and it’s not consistent….I’m too afraid to take the jump. Being a hobby blogger is best for me.

    • March 30, 2016 / 6:43 pm

      I I don’t know how working tax credit works but I am keeping the two separate and declaring what I earn and paying when I have earned something

  25. March 30, 2016 / 5:44 pm

    Wow, I don’t think I’ve ever earned that much from blogging! I do get occasional paid posts and lots of product reviews but I’ve never even bothered to add them all up. Now I”m curious 😉 Well done for doing so well 🙂

    • March 30, 2016 / 5:48 pm

      Thanks

  26. March 30, 2016 / 3:22 pm

    Blogging for me is a hobby so i dont earn anything from it, it was only a few months ago that i realised that people do make money from it, i just thought everyone did it as a hobby! 🙂

    • March 30, 2016 / 4:34 pm

      It’s a hobby for me and glad I can earn something from it

  27. March 30, 2016 / 2:02 pm

    I don’t earn much from my blog but I love seeing how much others make from blogging as it can show u how worthwhile blogging is.

    • March 30, 2016 / 2:06 pm

      I am the same I like to see but not many share lol

  28. Elizabeth O
    March 30, 2016 / 1:49 pm

    Good for you and yes, it’s definitely feasible to make decent money from blogging. It takes time, effort, and connecting with great sponsors who are ready to step up. 🙂

    • March 30, 2016 / 2:06 pm

      Thanks, it definitely does

  29. March 30, 2016 / 8:44 am

    You’re doing fantastic! And it;s all extra spending money on the side too. I’d love to reach this level. I love writing/blogging and if I could earn a few quid too that would be an added bonus. 🙂

    • March 30, 2016 / 9:00 am

      Thanks David, it’s nice to earn something from a hobby

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