Income Report – February, 2022
Happy March everyone!
In February we spent a lot of time working on some new content. This was something we did not do a lot of in 2021. We are working on getting back to basics.
Let’s see what we did get accomplished in February and what we are planning for in March. Andrew is so excited he is doing backflips in my backyard.
What We Managed to Accomplish in February!
- Back in January, we turned comment back on!
- We took a break from comments but we missed the community engagement on our posts. One of our goals in 2022 is to bring that sense of community back.
We missed hearing for you all! Shoot us a “Hello!” in the comments below!
- We published several more articles.
- We also share tons of cool finance jokes, infographics, and quotes on social media. Check out our Instagram!
Income For February
In February, we bounced back a little to what we typically earned in 2021. This was a nice small win for the month but we have a lot of work to do for 2022.
I personally have a lot of ambition for Wallet Squirrel this year and what I want it to become. Sometimes finding the time to put into the website is tough to find. While I think I do not have much time, my issue is really a priority issue. I can easily get distracted which turns my focus from what really matters. This is something I recognize and I am working on.
What helps you stay focused?
These are all pretty incredible income generators and we’ve mentioned them before on the blog.
- Affiliate Marketing – we earn a commission if someone buys a product through a link on your website
- Blue Host Affiliate – an affiliate link for website hosting we use.
- Online Surveys – we earn money from participating in online surveys like Swagbucks.
- Stock Photography – we earn money whenever one of our photos sells online.
- Interest Checking/Saving Account – we earn interest on the money in our checking and savings accounts.
- Cash Back Credit Card – we earn extra money via 2% cashback from using our credit card.
- Lending Club – we earn interest from peer-to-peer lending.
- Dividends – we earn dividends from the stocks we own.
Monthly Expenses for Wallet Squirrel
The expression “It takes money to make money” is actually pretty accurate. As we learn new skills, we find new software and processes that help us make more money. However, they come with a cost for their convenience. Here is where our money went in July.
Monthly Expenses – $215 Total
- Bluehost [$36] – Hosting Service
- Ahrefs [$104] – Keyword and web traffic research
- Sitelock [$8] – Extra security for our Bluehost servers
- Domain [$2] – So we can keep the domain WalletSquirrel.com
- Bloom [$7] – Our email forms, but we’ll likely be getting rid of this soon
- Grammarly [$12] – We can’t live without this amazing grammar tool
- The Noun Project [$4] – The best site for icons for our infographics
- Sendible [$30] – A social media scheduling platform. Adam seems to really enjoy it!
- Canva [$12] – Helps us create cool graphics!
Everything leftover has been invested in my dividend portfolio.
What’s Next For March
Content, content, and more content. I hope to create four more original articles for you this coming month. These articles will help you make and save more money. One article is about a personal project that my wife and I have been working on over the last eight months. I look forward to sharing how we have been able to cut $700 in expenses out of our already lean budget. We have some awesome financial creativity to share!
We will also have some great guest posts coming your way. I am very excited for these.
Andrew continues to build up our affiliate website. This website is just at the ground but has A LOT of potential.
What are you tackling in March?
Cheers!
Adam and Andrew
Wallet Squirrel is a personal finance blog by best friends Andrew & Adam on how money works, building side-hustles, and the benefits of cleverly investing the profits. Featured on MSN Money, AOL Finance, and more!
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