INSANE Month!! | August 2021 Income Report

TL;DR
Self-employed YouTuber and freelancer shares August income report, facing obstacles but making progress towards financial goals.
Transcript
i am feeling that so lizzo right now doing my hair toss checking my nails my nails need to be done but i am back for my august income report this video is all about how much money i make as a full-time self-employed individual running a youtube channel and freelance content let's go this is going to be really fun hey what's up guys it's justine wit... Read More
Key Insights
- 🎏 Justine's August income report showcases a diverse revenue stream from digital products, YouTube, affiliates, and freelance gigs contributing to her total earnings.
- 😚 Despite facing obstacles like a COVID scare and illness, Justine managed to earn close to a five-figure income in August.
- 👨💼 She emphasizes the importance of tracking business expenses and income to effectively manage finances for a self-employed business.
- 😉 Achieving wins like increasing subscribers, updating her media kit, and securing sponsorships are crucial milestones for business growth.
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Questions & Answers
Q: What were the main sources of income contributing to Justine's August earnings?
Justine's income in August came from digital products, YouTube/Google AdSense, affiliates, and freelance gigs. These sources collectively contributed to her total earnings of $9520 for the month.
Q: How did Justine handle obstacles like a COVID scare and illness affecting her work in August?
Justine had to quarantine due to a COVID scare and illness, impacting her work routine. Despite the challenges, she managed to navigate these obstacles and adjust her schedule to continue working on her business.
Q: What wins did Justine achieve in August despite facing obstacles?
Justine celebrated reaching 38,000 subscribers on her channel, updating her media kit, and securing two sponsorships. These wins were significant accomplishments for her business growth during the month.
Q: How does Justine track her business expenses and income to manage her finances?
Justine uses a spreadsheet to track her monthly revenue, actual income, expenses, retirement deductions, and after-tax take-home pay. She also sets aside savings for travel, conferences, and taxes to maintain financial stability.
Summary & Key Takeaways
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Despite obstacles like a COVID scare and illness, Justine shares her August income report as a full-time self-employed individual.
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Digital products, YouTube/Google AdSense, affiliates, and freelance gigs contributed to her $9520 monthly income.
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Justine highlights wins, obstacles, business expenses, and tracking methods to reach her financial goals.
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