December 2015 Freelance Income Report

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December’s over and so is 2015.

I learned a lot in November, and determined to push forward after a rather dismal month. I’m happy to report that I did.

December was my fifth full month freelancing, and my most profitable month ever. I made smart investments in my business, and am eagerly anticipating 2016–it’s going to be a great year!

Let’s jump right into my income report

Total income for December: $1962.67

I made almost $2000 working part time from home–I’m ecstatic!

Here’s a quick breakdown (I’m rounding, so my percentages aren’t exact):

Writing: 74%

Virtual Assistant Services:25%

Affiliate Payment: 1%

Let’s Talk Expenses

My total expenses for December were 166.47.

What were those expenses?

PayPal Fees

A Pic Monkey subscription (I have Photoshop, but find certain edits faster and less stressful to do in Pic Monkey, so I use them both…)

Mail Chimp: I was trying to do my free ecourse completely free using Mail Poet, but I didn’t like how it looked. Thus, I switched to a paid version of Mail Chimp (for $10 a month). Eventually I want to use Drip, but I can’t justify $50 a month right now. Once I launch a paid course it’s on my to-do list!

Mamaprenuer Mastermind: I’m now a charter member of this amazing group! If you’re a freelancing mama looking to grow your business in 2016, there are still a few charter spots open (I believe!).

My Net Income for December

$1796.2

From that number, I’m transferring 25% to put aside for taxes. I have to do my first set of business taxes soon–they’re due at the end of January. Maybe I’ll do a post on that process–I’m a little nervous about it!

What’s in Store for January?

January sees the launch of my latest venture– Tanner Learning.

I’m taking my educational expertise and putting it to work creating courses designed to bridge the gap between learning and fun.

My first course will go live with Schoolhouse Teachers first quarter 2016, and I’m excited!

I’m also going to continue working on my writing and virtual assistant businesses. I’ve been cold pitching tutoring companies and toy companies, trying to land long-term clients in niches that excite me.

I’ll share how it went when I post my January Freelance Income Report in early February.

Until then, I’ll be back each week sharing a strategy for balancing life more effectively.

How did your December look? What are your goals for the New Year?

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Lisa Tanner

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Lisa Tanner is a former teacher turned homeschooling mom with 11 kids. She's also a successful freelance writer. Lisa enjoys helping other busy moms find time to start and grow a side hustle of their own.