I started My Side Hustle in September 2017 so really this is a three and a half month review rather than a full year, but I wanted to share my progress as well as my goals for 2018. I’ve never been much of a writer so I have surprised myself with how much I enjoy creating new content. I hope you find the content useful, engaging and enjoy reading it just as much as I enjoy writing it.
Total income (after expenses): £1,524. My only expense has been my OddsMonkey subscription £15 per month.
Most of this income is from matched betting, I mainly use OddsMonkey for a matched betting service but I have recently been experimenting with MatchedBets. I consider both to be of very good value and easy to use and I would recommend both services (Note: I do not pay a fee for a premium membership with MatchedBets as they have provided me with a free account in return for being an affiliate, but all reviews are honest and include my own opinion). I also took advantage of HSBC’s current account switch offer to receive £200 from switching my current account to HSBC.
I have made a tiny amount of affiliate income through Amazon with my book reviews, but I won’t include this until I have received enough for a pay out.
My Side Hustle blog
Monthly average of blog views: 1,090 per month.
I didn’t expect to average over 1,000 blog views per month so soon so I am extremely pleased with this, thank you to everyone who has taken the time to read, comment and like my blog posts, I really appreciate it. By far the majority of my views in recent months has been from search engines so I hope this trend continues in the new year.
Domain authority: 10. My domain authority is very low as My Side Hustle is very low and I have only had a couple of backlinks to my blog. I hope to increase my domain authority in 2018 by creating more backlinks with guest posts on other blogs. If anyone is looking for a guest post and you like my content then please get in touch.
Most viewed posts:
It’s no surprise these are the most viewed as they are some of my oldest blog posts. Book Review: The Money Tree: Money, How To Make It, Save It and Grow It I shared on Reddit which is why it features so high, I intend to utilise Reddit a little more in 2018 but it is difficult to get the right balance of self-promotion and being an active member of the community. Selling T-Shirts: CafePress vs Zazzle vs Teespring vs Redbubble does appear on the first page of Google if certain keywords are used in the search. I’m not sure why this is, if only I could figure it out then I could apply this to all my blog posts! October 2017 Review is an older post and about how I have made money online so I assume this is why it is the third most viewed post, people want to know how to make more money.
As always, if there is an area or subject you would like to know more about then just comment below or contact me, I will try my best to produce a blog post for you.
Twitter followers: 216. It’s nice to see my followers growing, I hope to see many more followers in 2018. I haven’t utilised other social media platforms much in 2017. I am hoping to increase my following on Twitter first and once I have decent traffic through Twitter I will branch out to other social media platforms.
- Make £500 per month online
- Publish two blog posts per week
- Have my blog posts scheduled one month in advance
- Write one guest post per month for other blogs
- Increase Twitter followers to 1,500
- Increase domain authority to 25
- Increase blog views to 5,000 per month
- Set up a mailing list (hopefully this will be very soon in January)
With the research I have done and from reading other blog reviews I think these goals are achievable, it just comes down to how much time I have (I also have a full time job) to dedicate to My Side Hustle.
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 put a small amount aside (about £50) to spend on myself.
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.