April was a great month. The weather warmed up, I stayed rather busy, got to try some new restaurants, and had some great times with family and friends. San Francisco is such a great home base! The days in April went by really fast, but that’s nothing new. I have noticed that I have a harder time keeping track of which day of the week it is now that I do all my work from home though. Thank goodness for calendar reminders and to-do list apps that sync across devices. I’d be a mess without them.
Even though I usually work seven days a week, it doesn’t feel overwhelming at all now. Not having to commute to downtown San Francisco is huge and every day I’m so thankful I can choose when and where I do my work. Working on the road is a lot of fun and the freedom to take breaks on my own schedule is priceless.
2015 Goals Update
1) Goal: Grow More Traffic
April was an exciting month for traffic! I thought things would come out about flat again based on what happened in March, but my total traffic was up! Untemplater’s total pageviews were up over 4% and if I look at the average pageviews per day to account for the difference in the number of days in March versus April, the site was up over 7%. That comes as an unexpected and very happy surprise!
There are two factors that contributed to the increase. One was an awesome mention by Lifehacker on my post One Thing Done Is One Thing Less To Do. That referral came totally out of the blue and was really exciting for me especially since I’m a huge fan of Lifehacker. Second, I published a post about my recent experience, How I Negotiated A Severance Package And Got Paid To Quit My Job that was quite a popular hit and was also extremely fun to write.
Mentally I’m trying not to get too excited about the rise in traffic because I know with seasonality things tend to slow way down in May through mid/late summer. But believing good things can happen is half the battle and maybe things won’t be as slow this summer as I imagine. I like the mantra “anything is possible,” so I’m putting my focus on the possibilities of continuing an upward trend. April’s stats have me feeling pumped and I have no intentions to slow down my efforts. So bring it on summer!
April vs March:
Year over Year:
2) Goal: Land More Freelancing Gigs
Freelancing kept me busy throughout April. Some other good news is it seems one of my larger freelancing gigs that I thought would be going kaput by now is still continuing. The company is still under pressure on cash burn, but I think I’m safe for a few more months and potentially longer. We’ll see. I got some really positive feedback from them recently, so that was encouraging.
I’m in quite a sweet spot now with work-life balance so I’ve slowed down my search for new freelancing gigs. I still check around here and there though as you just never know what may spring up. I’m just really grateful for what I have. Feeling less pressure to find extra projects has also helped me stay more focused on my existing work while also giving me more breathing room to do other things like run errands, exercise, cook more meals at home, and see friends without feeling overwhelmed.
3) Goal: Build More Affiliate Income
A big thank you to everyone who made a purchase or signed up for a service using an Untemplater link! Affiliate income continues to do well and April was another solid month. I spent a good amount of time locating and removing broken links last month too and continue to research and add new programs.
Income Report April 2015
Onwards to the April Income report…
Total Revenue Streams = $11,298
FREELANCING: $5,350
- Editorial, writing, online marketing $4,850
- Website management $500
Freelancing income has come down after the bump up in March, but is still doing well. I’m working a comfortable number of hours and have a nice variety of projects at the moment. While I could take on more work, I’m at a happy balance that I would like to maintain. I don’t want to take on too much too soon because I don’t want my performance quality to suffer.
INVESTMENTS: $1,027
- Rental income $700
- Dividends & Interest income $302
- Prosper P2P investment income $25
My investment income for April was down again slightly but I’m not worried. I’ve actively been investing in my P2P Prosper account and now have a diversified mix of AA, A, B, C, and D loans in my portfolio. And since I turned on a lot of automated notifications in my account preferences, it’s super easy for me to know when to login and select new investments when a pending loan falls through.
ADVERTISING & AFFILIATE: $4,921
- Affiliate Advertising: $3,820
- Direct Advertising: $400
- Contextual Advertising (Adsense): $290
- Profitable Online Store: $264
- Bluehost: $90
- Thesis Theme: $29
- Unconventional Guides: $20
- Amazon Associates: $8
- Miscellaneous: $0
Affiliate and advertising had a nice 10% increase over March, due to higher traffic, some ad renewals, a bump in Adsense, and Profitable Online Store. I had a few hits out of the blue from Amazon that added up to $8 – certainly nothing to shout about, but hey $8 can buy a tasty lunch or a free Uber pool ride.
Expenses = $4,927
BUSINESS: $1,035
- Meals & Entertainment – business: $(260)
- Supplies & misc: $(260)
- Aweber, Marketing, Subscriptions, Fees: $(245)
- Hosting, web related: $(190)
- Quickbooks: $(50)
- Travel – business: $(30)
- Outsourcing: $(0)
Business expenses came in higher than last month but not by too much. I purchased some office equipment as a one-off but saved on outsourcing. Now that I have more time on my hands, it’s nice to be able to do more things myself. I’m still contemplating creating another site on Bluehost, but I’ve kept that on the back burner.
PERSONAL: $3,892
- Living expenses: $(3,460)
- Meals & Entertainment – personal: $(382)
- Travel – personal: $(50)
Travel is on my radar for the summer. I’ll most likely take at least two trips if not three or four. Thankfully I’ve gotten over my travel burn out and am excited about going on some new adventures over the next several months. As long as I can be near an internet connection I can stay on top of my work while seeing the world. I anticipate much higher expenses in the upcoming months as a result, but I’ve been looking forward to traveling abroad for a while.
PROFITS: $11,298 (Income) – $4,927 (Expenses) = $6,371
April Takeaways
Overall, April was down compared to March but I’m still happy with the results. The bump in traffic was a really nice surprise and definitely motivates me to keep working hard every day. Even though there are always more things that I want to accomplish each day than I can actually work on, I’m happy staying busy doing the things I love.
One of my goals now that I’m self-employed full-time is to live a healthier and more balanced untemplate lifestyle. And I think I’m doing well so far. Although I’ve been going to sleep too late at night recently, I’m getting more rest overall, I’ve been more active outside, I’ve been able to take advantage of more things that are free, and I’ve been able to make better food choices. I started eating a more Paleo themed diet in April and I’ve already noticed an improvement in how I feel. Sometimes I crave carbs and legumes like a mad woman but cutting them out of my meals has been a nice change of pace and my stomach is happier too.
Recommendations
Personal Finance – If you’re interested in tracking your own finances, sign up for a free account with Personal Capital. Link your credit cards, checking accounts, mortgage, student loan debt, savings accounts, investment accounts, etc. all in one place. Their reports and analytical tools really make it easy to monitor your financial health and helps you set goals. I’ve had an account with them for several years and love how easy and intuitive the platform is. Bloggers – want to become an affiliate? Sign up for the Personal Capital affiliate program here.
Become A Freelancer – Motivated to become a freelancer? The possibilities are endless! If you’re a creative, learn how to sell your products and create your own online store. Like to write as much as I do? Find out how to get published, earn money as a writer, and have fun working on the road. Whatever your interests are, focus on building up your skills and developing your own unique niche.
And if you’re burnt out of your day job, believe in yourself that you have options and can turn your career around. I didn’t believe I could escape for the longest time but fortunately I wised up and negotiated a severance package and got paid to leave a job I grew to hate. Learn how you too can get paid to leave your job like I did and open your eyes to new opportunities.
Untemplaters, how did you perform in April? Take any fun trips or accomplish any exciting goals? Where are you headed this summer?
Inequality Today says
Good job at building your income and that site traffic looks nice. I’m curious – does all of your income come from your online ventures?
Sydney says
Thanks. Not all of it. I also have investment and rental income that’s separate from online inflows. I hope to continue expanding my income streams to be more diversified over time.
No Nonsense Landlord says
Great job building the income stream! Being self employed is great, you can be the boss. The downside, is you have to listen to the boss…
Sydney says
Thanks NNL! Ha that’s funny. I try not to be too hard on myself but don’t let myself relax too much either. I make sure to do at least some work even on my “days off” so I stay on my toes and don’t get behind. There’s always endless amounts of work to do, but every little bit of progress counts!
Jason@Islands of Investing says
So great to hear how well you’re doing Untemplater! Those are some great stats, as well as an awesome chunk of income, especially from the affiliates!
I’m most happy to hear that you’re living a more balanced lifestyle that you are really enjoying, and that you also seem to be enjoying the work – hope you keep this momentum going!
Cheers,
Jason
Sydney says
Thanks Jason! Yes, getting my lifestyle in a much better position is totally priceless. It makes the struggles I went through for so long well worth it to get to this point.
JayCeezy says
Untemplater, that is quite an impressive performance and I’m keeping good thoughts that it continues for you. Just wanted to point out that you most likely qualify for EDD compensation of $450/week, which works out to $1,912.50 per month. Your freelancing of $5,350 is almost triple that. But if you larger client bows out in the next few months, you might find that you are working those hours for an incremental compensation. One more thing I forgot to mention previously, is that EDD compensation is not taxable in CA. Anyway, just something to keep in your hip pocket as you move forward. Nice job in April, continued success to you!
Sydney says
Thanks! Yes, it’s definitely worth keeping in mind.
EDD benefits aren’t taxable? Wow that sounds too good to be true. I’m so used to everything being taxed or double taxed in CA.
Gen Y Finance Guy says
Looks like you had a great month.
I don’t know if you are manually checking for broken links. But I use a really robust plugin that does the heavy lifting for broken link checking. It’s called: Broken Link Checker
It sends you an email anytime it finds a broken link. It also makes fixing the link super easy.
Maybe it will help you out.
Cheers!
Sydney says
Thanks! I do have that plugin I just forget to use it lol. I usually keep it disabled because it slows down my site too much if I leave it on all the time.