February 2021 Online Income Report

February 2021 Online Income Report. Welcome to February’s online income report! In this report, I share how much I’ve made online via various income streams. Additionally, I’ll share my blog, YouTube and Social Media analytics. This online blog income report shows all of my online income results before taxes and deductions.

This post may contain affiliate links. Please see my full disclosure policy for details.

 

 

February 2021 Online Income Report

 

Welcome to my second online income report. I’ve been blogging for over 2 years and I have had my YouTube channel for a year. At the start of 2021, I decided to start sharing and documenting my online earnings. Before I started my blog I read so many of these reports online and was inspired to see if I could follow in some of their footsteps. I’m hoping that my posts can be a source of inspiration to someone reading this too. It would be good a year or two from today, God-willing, to look back at these reports and see how much progress I’ve been able to make and how much income I’ve generated.

I was off to a good start in January and made almost £500, the highest I’ve made in any month since starting my blog and YouTube channel. Read the full breakdown of how I was able to generate this income here.

February has been a low-income month for me. If I’m honest, I did consider not writing this blog post and coming back in a couple of months once the income has increased. But I don’t think that’s authentic. I started this blog to document my journey to financial freedom and along the journey, there are going to be good days and bad days, good months and bad months. We have to roll with the punches. With that being said, here’s a full breakdown of my online earnings for February 2021.

 

The two ways I make money online are through active and passive income streams. I’ll start with the active income streams first, and then proceed to detail the passive income results.

 

 

Active Income

Surveys

I still only have one active online income stream and that is Prolific. In the month of February, I completed 13 surveys. I mentioned in my January online income report that I wanted to start doing user testing. I signed up to UTest but I’m yet to actually complete any tests. I’m going to try and do a few tests in the month of March so that I have an additional active income stream, but it’s hard finding the time to fit it in between family life and the other side hustles that I’m working on.

Prolific paid me £23.71 in February

 

Passive Income

Blog

I did not receive payment in February from Google Adsense as my blog Adsense earnings in January were only £4.93. I did tell you in my January online income report that AdSense pays peanuts for advertising on blogs, you see that I wasn’t exaggerating!

February has been a decent month for blog traffic considering it is a 28 day month. My site had a total of 3,93 views and I  published 4 blog posts in February, they were:

How To Avoid Lifestyle Creep

16 Questions To Ask Yourself BEFORE Making A Purchase

Love And Money: How Financially Compatible Are You?

January 2021 Online Income Report

 

February 2021 Online Income Report Tolu Frimpong.

 

YouTube

The total income for my YouTube Adsense for January was £48.44, so if you do the maths and add it to the £4.93 I made from my blog Adsense, you’ll see that I made £53.37 so approximately £7 shy of the £60 minimum payment threshold. I’m quite confident that between the blog and my youtube channel, I should make the £7 needed to push me over the payment threshold in March so I look forward to receiving a payment next month.

In February I did my first ever YouTube Live which was quite scary but equally enjoyable. The live was a Q&A where I answered questions about finances, savings, family and more. I went on to do a second live a week later. In the second live I reviewed a book called The 12 Week Year by Brian P. Moran and Michael Lennington. The book is a guide to shortening your execution cycle down from one year to twelve weeks.

In addition to the 2 lives, I published 6 videos, they were as follows:

Lifestyle Creep What To Do About It

16 Questions To Ask Yourself BEFORE Making A Purchase | Save Money

Money Questions To Ask Your Partner Before Marriage

How To Budget For Variable Income

How much I made online in January 2021 | Highest month ever!

February 2021 Budget Walkthrough | UK | Variable Income | Zero Based

My impressions are down 14% to 145k from January’s167k which is slightly alarming as it means fewer people are getting the opportunity to view my videos. Impression CTR is the same as it was in January, 4.1% so it is good to see that it has remained consistent. My views and unique viewers are both be down in February by 14% and 10%. I’m writing this post over a week into March and can already see these stats improving so I’m not worried. I gained 157 new subscribers which are a lot lower than January’s 228 new subscribers which means that my rate of growth overall is slowing down. Trying to figure out the algorithm and why some videos perform better than others is a challenge, but I’m determined to figure it out.

If you’re yet to do so, check out my channel here and subscribe, I’m so close to reaching 2000 subscribers!

 

 

Etsy

Can I be honest with you? I didn’t touch my Etsy store in February. I had challenged myself to add 6 Etsy Listings and I didn’t even manage to add one new item to the store. I also changed all the store URL’s in my YouTube videos to links to products on my website instead of Etsy. Which meant I was no longer proactively driving traffic to my website. Any traffic to my item listings came through organic search on Etsy without any effort on my part.

Despite my not making any effort to add products to my Etsy store, I was still able to sell a few digital products.

Etsy paid me £48.59 in February

 

 

Own Digital Products

As mentioned earlier, I changed a lot of links in my YouTube videos to direct traffic to my own online store instead of my Etsy online store. I have since seen an increase in traffic to my website which is great and I was able to make a few sales on my website in February.

12 months money saving challenge, save £1,200 in a year

Deluxe Budget Planner and Expenses Tracker

Deluxe Budget Planner & Expenses Tracker

Speaking of my own digital products, my Ebook “10 Steps To Debt Freedom” will be released in March. In this new ebook, I discuss the 10 steps that my husband and I followed to enable us to pay off over £36,000 worth of debt. Watch this space for further updates on the exact release date.

My digital products paid me £33.96 in February

 

Affiliates & Referrals

 

Skillshare

Moving on to affiliates and referrals. I checked my Skillshare affiliate account for the first time in months and discovered that one person had signed up for a free 14 day trial of the premium account. I haven’t included the £4.90 earned in this report as Skillshare haven’t yet released the funds into my account. I only report on money that I have actually received as I don’t believe in making plans for money before receiving it.

If you’ve not yet signed up for a Skillshare account it’s worth doing so in order to get access to thousands of online courses. I have paid for the annual subscription as I think it’s a valuable investment which I get a lot from. I’m currently doing a course on Etsy and my husband is learning to play the bass. This demonstrates the breadth of the variety of courses available on Skillshare.

 

Amazon Associates

If you search online for how to get started with affiliate marketing, so many YouTube videos and blogs will tell you to sign up to Amazon Associates and easily start making money. What they don’t disclose, is how hard it is for any of the clicks you send to Amazon Associates to actually qualify for a referral payment. Even when your orders do qualify for payment, the payment is minuscule. It’s been nearly 2 years since I signed up to Amazon Associates and I’m still yet to cross the £25 payment threshold.

My Amazon earnings in the month of February came up to a whopping total of £1.32. I haven’t included this sum in my earnings for the month of February for reasons previously stated.

 

February 2021 Online Income Report Tolu Frimpong

FreeTrade & Trading 212

A couple of referral programs that I joined in December year were FreeTrade and Trading 212. They are investing platforms and allow you to invest in the stock market with as little as £1 to get started. What makes the offer even more appealing is you get a free stare for every referral. I received free shares just for signing up to both and the person that referred me received the same.

After all of the madness that went on with Gamestop share prices skyrocketing and crashing the apps. Trading 212 currently have a backlog of new accounts waiting to be opened so if you want to get started trading straight away I would recommend Freetrade. Otherwise, join the waiting list for Trading 212 and you will be notified when you are able to open an account.

In February I didn’t receive any referral payments from Trading 212 which I assume is because of the app being closed to new accounts.

Trading 212 paid me £0 in February

Freetrade paid me £28.92 in February 

 

FreeTrade

Join me and invest commission-free with Freetrade. Get started with a free share worth £3-£200!

Trading 212

Get a free share up to £200 when you sign up and top up £1 or more – Trading 212

 

All in all, my active and passive income total for January was £135.18

 

To go from making nearly £500 online in January, to now only making less than £150 is a little disheartening. But I’ve come too far to give up now. I just need to keep putting in the work and be patient with the process. My £1,000 month is coming soon! Watch this space.

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Let me know in the comments section below what you thought of this online income report and also if you have any questions.

 

More Like This: 

If you enjoyed this post, ’February 2021 Online Income Report’, then you will also enjoy my other blog posts on similar topics. Check them out below:

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About The Author

Tolu Frimpong

Wife and mum of three boys on a journey to achieve financial freedom. Earn more, spend less and invest the difference.