I’m sharing four real-life examples of how
bloggers make money including how I made nearly $15,000 last month. I’ll not only reveal how four bloggers make
six-figure incomes but four tips you can use to make money even on a small blog. We’re talking how much you can make blogging
today on Let’s Talk Money! Beat debt. Make money. Make your money work for you. Creating the financial future you deserve. Let’s Talk Money. Joseph Hogue with the Let’s Talk Money channel
here on YouTube. I want to send a special shout out to everyone
in the community, thank you for taking a little of your time to be here today. If you’re not part of the community yet,
just click that little red subscribe button. It’s free and you’ll never miss an episode. I’ve helped 97 people start a blog. That’s just the ones I’ve helped directly
through a special discount I negotiated with Blue Host and not counting the hundred thousand
plus that watch the videos or read my blog each month. And if there’s one question I get most from
these new bloggers, it’s How Much Money Can You Make with a Small Blog? You see, so many bloggers get started after
seeing monthly income reports from huge, established bloggers…and then live that ultimate frustration
every small blogger faces. The despair of spending hours a week writing
a blog post that nobody will read and the frustration from not making as much as they
thought. I was there in 2013 when I started my blogs
and I’ve seen hundreds of bloggers fight through it. So I want to help get you started, just like
all those others I’ve helped, by sharing four real life examples of how bloggers are
making money and then four tips to make money on even a small blog. We’ll start with those four blogger income
examples but stick around because I’ll be revealing four ways to make money blogging
on any size website. Kayla Sloan started her website in 2014 and
but didn’t switch to full-time blogging until late 2015. She gets just 7,000 page views a month but
is a great example of how bloggers can still make money on a small site. Kayla started freelance writing and then started
teaching others how to write online and make money. This is one of the most common ‘career paths’
I see with bloggers and it’s similar to how I started. Kayla now makes over $11,000 a month and focuses
mostly on her own students now instead of writing. Freelance writing pays off immediately and
as long as you have a decent command of the English language, you can easily make $30
an hour and more. You do this while your own blog grows and
eventually you’re making so much from your own site that you don’t have to freelance
anymore. The message here, get started with a blog
and use some of the income sources I’ll reveal later. Some will provide an immediate payout while
others take longer to build but mean more money. Lena of the site What Mommy Does gets a mountain
of traffic with over 350,000 views a month but I wanted to highlight it here because
I think her strategy works even for small blogs. Lena reports four income sources; affiliate
marketing, advertising, sponsored posts and an ebook and she consistently makes around
ten grand a month from it. This is a pretty typical blogger income report
and the core income sources you’ll use to make money. Your first check will probably come from ads
on the site but make a plan from day one to get those sponsored posts and affiliate payouts. Now Lena didn’t start with this huge blog. She had less than 20,000 visitors in January
2015 but built it to a legit online business. Like any business, blogging is a long-game
and the ones that put in the time are the ones that build their income into that six-figure
payday. Two more examples of how much bloggers make
and then those four tips to make money but I want to get your feedback. How much do you want to make each month, whether
it’s from a blog or other online business? How much do you want to make and what are
some of the ideas in the video that will help you do that? So this one is just as much about your feedback
as it is to get you thinking, how can this work for me, how can I apply this to reach
that income goal? Scroll down and let me know in the comments. Carrie Smith Nicholson of Careful Cents has
a fairly small blog but she’s managed to turn it into a legit work from home business. Carrie makes a good chunk of her blogging
income from digital product sales which are things like a downloadable planner or printables
that can be anything from a one-page checklist to a mini-ebook. Now this is three months but she didn’t
include her freelancing income here so adding that means she made just over $6,700 a month
for the quarter. Look at the individual income sources though. What I like here is that you see no one income
source is usually going to make a blogger rich. Carrie made about four grand a month freelancing
and a grand a month on digital products, but none of these were huge by itself. Few bloggers make enough from just one income
source to focus on just the one. Put five or six of these sources together
though and you’ve got a solid income. I started tracking my blogging income in April
2015 and made an earth-shattering $60 that month. By the end of the year, I was making around
two grand a month and have grown the business to six figures since. In nearly five years, I’ve made over $281,500
on the blogs and YouTube and I grow my income every year. In the eight months through August, I’ve
averaged $10,948 a month from six sources, a 54% increase from last year and hit a record
of $14,813 last month. This is off four blogs I still own, all within
the personal finance space and this YouTube channel…so yeah, I stay pretty busy but
make good money doing it. I regularly make money through six income
sources including books, Amazon affiliates, courses, ads here on YouTube, affiliate marketing
and sponsorships and those of you in the community will notice something here. The income from any single source can vary
a lot from month-to-month. I was making a couple thousand each month
earlier this year on courses during my launches and when I was really promoting them but that
dried up last month. I was still able to reach a new record though
on total income because a few of these other sources really stepped up. That’s a big lesson here in blogging, you
need to go after several of the income sources we’ll talk about next to balance out your
income from month-to-month. Now I want to share four tips that will make
you more money even on a small blog. Four rules that will work to make you money
starting today. First is you can’t wait for traffic to start
making money. I die a little every time I hear someone say
they’re waiting to grow their blog before they worry about making money. If you have one person reading your blog or
watching your YouTube channel, YOU CAN MAKE MONEY! Have a product plan from day one, whether
that means which ebooks you want to produce or maybe some quick printables you can sell
through the blog. Start thinking about the digital products
you can sell. Rule #2 here is to learn the different ways
bloggers use to make money and build as many of those as possible. In each of the blogger income examples, you
saw all the reasons for using multiple income sources. From smoothing out your monthly income to
just making more money; you need to be balancing as many income sources as possible. They say the average millionaire is collecting
an income off seven different sources and it’s no different for bloggers. Next here is to blend affiliate marketing
and self-publishing into your content strategy. This means every week or month, whenever you
sit down to think about what you might write about on your blog, include affiliates and
self-publishing in the mix. For affiliates, this means finding the ones
that work to really help your readers, then planning on doing a review post or a comparison
article each month. This is going to build up a library of content
that will start getting traffic from Google every single month and start making you passive
income even if you stop posting. For self-publishing income, building the income
source into your content strategy means deciding on a book you want to publish. Then you outline the chapters and write one
a week to post on the blog. This makes it so you get something posted
on the blog but also get the book finished without having to spend twice the time. Our fourth rule for making money is going
to be more indirect but will come out over the long-run. Create a plan to increase your blog traffic
with search engine optimization or SEO. Now I know I just showed you that you can
make money on a small blog but the truth will always be that bigger blogs make more money. You’ll make more money from almost every
source including sponsors, affiliates and your own products. I’ve got quite a few videos on the channel
to help you get started blogging and make more money that I’ll link to in the video
description below. Click on the video to the right for a free
five-video series on everything you need to start blogging. From getting your website up to easy writing
tips and growing traffic, you’ll find it all in these five videos. Don’t forget to join the Let’s Talk Money
community by tapping that subscribe button and clicking the bell.