NEW REVENUE RECORD!!! | July 2020 Income Report | Summary and Q&A

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August 7, 2020
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Debt Free Millennials
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NEW REVENUE RECORD!!! | July 2020 Income Report

TL;DR

Debt-Free Millennials experienced its highest revenue month ever, with a total income of $14,230. The content creator discusses their income breakdown and future plans to shift focus towards affiliate and digital products.

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Key Insights

  • βœ‹ Debt-Free Millennials experienced its highest revenue month in July 2020, with a total income of $14,230.
  • 🌱 The content creator plans to refocus the website and prioritize budget coaching and digital products.
  • πŸ‘ The pandemic has highlighted the relevance of personal finance content, making it a lucrative field.
  • ❓ Freelancing, while profitable, is unpredictable as it depends on clients' revenue.
  • πŸ›οΈ The content creator wants to build up affiliate and digital income streams for more control and stability.
  • πŸ‘Ά To explore new ideas and gain guidance, the content creator joined an online community focused on passive income.
  • 🎏 The second half of the year will involve a shift in focus from freelancing to passive income streams.

Transcript

i'm very very shocked why is it that i'm always shocked i should not be shocked but uh this last month was a big revenue month in fact it was the biggest one i've ever had with debt-free millennials hey guys it's justine with debt free millennials the channel to help you crush your debt and live payment free i am reporting my july 2020 income and t... Read More

Questions & Answers

Q: How much was Debt-Free Millennials' total income for July 2020?

Debt-Free Millennials earned a record-breaking income of $14,230 in July 2020.

Q: What were the major sources of income for Debt-Free Millennials?

The major sources of income were freelance gigs ($10,200), affiliates ($1,958), YouTube and Adsense ($1,367), and digital products ($705).

Q: What future plans does the content creator have for Debt-Free Millennials?

The content creator plans to refocus the website, prioritize budget coaching, and explore new avenues for affiliate and digital income to reduce reliance on freelancing.

Q: How does the content creator plan to shift focus towards passive income streams?

The content creator has joined an online community to gain new ideas and strategies for affiliates and digital products. They aim to pivot from freelancing to increase their passive income streams.

Summary & Key Takeaways

  • July 2020 was the biggest revenue month for Debt-Free Millennials, with a total income of $14,230.

  • The income breakdown includes digital products ($705), YouTube and Adsense ($1,367), affiliates ($1,958), and freelance gigs ($10,200).

  • The content creator plans to refocus the website, prioritize budget coaching, and explore new avenues for affiliate and digital income.

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