Making money

October 2017 Review

I started My Side Hustle mid September so October has been my first full month of blogging. I do this in addition to a full time job so I have limited time to dedicate to My Side Hustle. This blog has become a creative outlet for me and I am hooked, I hope you enjoy reading this blog just as much as I enjoy creating the content. Reading other people’s blogs is inspiring and I am excited to see my blog grow over the next few years.

So how have I gotten on?

My Side Hustle blog

Total blog views: 1,029. This is double what I was expecting for my first full month of blogging, I am so pleased with this. A post I submitted on Reddit provided me with the most views and I received a positive response, so I intend to use this strategy again going forward.

Blog posts: 9. 15 since I began blogging, my target is to publish two posts per week.

Domain authority: 1. I intend to increase this by guest posting on other blogs and using backlinks. If anyone is looking for someone to guest post for them and you like my content, get in touch.

Social media

Social Media

Twitter followers: 86. I am very happy with how my followers have grown, especially since I have only been active on Twitter since mid October. Twitter is the only social media account I have at the moment so I do need to branch out to other platforms, I intend to join Pinterest and Facebook over the next few months.

Additional income

Total: £503 all from matched betting.
Expenses: £15 OddsMonkey subscription.
Net income: £488

I have not yet made any money from this blog and I don’t expect to over the next few months. I intend to continue matched betting and have other ideas for additional income, I hope you keep reading over the next few weeks and months to see how I get on.

Direction for my blog:

I have a massive list of ideas for blog posts. Talking to friends and family I’ve noticed there are a lot of misconceptions regarding some personal finance topics and a lot of concepts that people do not fully understand, so I want to start a back to basics series to help people have a better understanding and feel empowered to make their own decisions.

What do I intend to do with this extra money?

• Most will go into my Stocks & Shares ISA because ultimately the goal is financial freedom.  In order to meet this goal I intend to invest as much of my monthly income as possible.

• I have set up a direct debt to the Save the Children charity.  Now that I have extra income I want to do something productive with it, considering matched betting income is tax free I have chosen to give back to society and help others.

• Lastly, I reckon I deserve to treat myself so I am going to buy myself an extra tennis lesson per month.

Tennis

Why am I sharing this?

I want to show people how easy (or hard!) it is to make a little extra money, whether your goal is to get out of debt, save to buy a house or just more money to invest. You may be in the same position as me, I have a full time job that I am progressing well in, but I know I will not receive a meaningful pay rise. So instead of waiting for my employer to maybe increase my salary at some point in the future, I’ve taken my income into my own hands and given myself that pay rise. I hope my progress inspires others to take their income into their own hands.

 

12 thoughts on “October 2017 Review

  1. I’m definitely keen to try out Matched Betting as a side hustle, looks like it’s going well for you, that’s awesome!

    How much time do you think you’ve put into Matched Betting in total (including research and learning etc) for that kind of return?

    Liked by 1 person

  2. I think you’re doing really well, and you’ve some good ideas moving forward. Could I make a request..? I’d be really interested to hear about what stocks & shares ISA you have, how it works, how you find it, what the potential benefit is etc. I have a cash ISA only and know very little about stock & shares, I guess I’ve always just associated them, rightly or wrongly, with risk so I’ve avoided, but I’d love to get your take on the one you use. Caz x

    Liked by 1 person

    1. Thank you for the comment. Sure, a post explaining the different types of ISAs is on my list of things to do, I think it’ll be good to do a separate one focussing on Stock & Shares ISAs in particular.

      Liked by 1 person

  3. Hey thanks for visiting my blog! I see we both started around the same time. Congrats on the page views and Twitter followers. You are so right that about the personal finance misconceptions. Every time I think that a post would be too simple I have people asking me questions to which I thought they already knew the answer.

    Liked by 1 person

  4. That’s a great number of views for your first month, well done! Interesting, too, that you’ve had such good success with Reddit – that’s a great tip. I love that you’re sharing your success by donating to charity, that’s so kind x

    Liked by 1 person

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