Freelance Writing Income: February 2008
Last month I was a bit disappointed with my freelance writing income. Although I broke the $5k barrier, I was hoping for a bit more as to get off to a good start in 2008. With a less than stellar January, I turned my eyes to February in hopes of getting back on track.
As you probably know, February is the shortest month of the year. Luckily, there were 29 days this time around; every little bit counts, right? Despite the shorter month, my income was better than January, and more on pace with what I hope to accomplish as the rest of the year wears on.
Number of Completed Projects: 24
Payment by PayPal: 21
Payment by Check: 2
Payment by Bank Wire: 1
Total Income: $5,679.97
When compared to last month, I completed four fewer projects but managed to earn $425 more. Anytime that I see a statistic like this it excites me. Obviously, my goal is to complete as few projects as possible while still increasing my income. By doing this it means that my average per project rate is increasing, and hopefully, the amount of time that I am spending on work is decreasing.
With the first quarter coming to an end after March, this is a big month for me. As I have preached in the past, it is always good to have both short and long term goals. One of my mid to long range goals at the end of last year was to set an income record pace during the first quarter of 2008. If I am going to meet this goal, I’ll have to break $6k in income this month. While this is more than possible, it is not a given by any means.
Did I reach my February income goal? No; I was hoping to crack $6k and possibly approach $7k. With that being said, it was still a solid month and one that I hope to improve upon in March.
If you liked this post, please subscribe to my RSS feed. Additionally, take the time to Stumble this post if you have a spare second!
March 3rd, 2008 at 4:06 pm
even thought you didnt hit your target, that is a great effort! remember you have a couple of extra days this month than last so make the most of them
March 3rd, 2008 at 4:25 pm
Thomas - You are right about that; gotta love the longer months!
March 3rd, 2008 at 4:53 pm
Even though you’re not achieving your goals, you’re still doing a GREAT job as far as I can see. Your stats are very impressive!
March 3rd, 2008 at 11:41 pm
You’re doing a brilliant job, Chris! Look how close to that $6K you reached this month. You’re working hard and it is really paying off. I know you’ll accomplish even more in March.
You might be interested in my upcoming guest post on Blogging Experiement where I talk about setting goals higher than you might normally expect of yourself. If you set a $6K goal and make $5.6 you’ve still accomplished a remarkable feat. If you set that same goal for $7K instead the odds are you’d have broken $6K as you strove for it.
I hope you found some wonderful ways to reward yourself. Congratulations!
March 4th, 2008 at 7:37 am
Wow i dont reach this much…
March 4th, 2008 at 1:02 pm
[...] my last freelance writing income report, I talked a bit about missing some of the income goals that I set for myself. In my opinion, [...]
March 4th, 2008 at 7:22 pm
I would factor into the fact that there were 3 days less in February than January, so mathematically, you may have reached your $6K goal if there were the same number of days
Little, but on the way from $0 last year!
Mine is $250
March 5th, 2008 at 1:11 pm
[...] outlined in my freelance writing income report, I receive payment in three ways during most months: PayPal, check, and bank wire. PayPal is [...]
March 10th, 2008 at 11:20 am
[...] As I have mentioned in the past, many “freelance writers” send me emails telling me that my income is nothing compared to theirs. But guess what? Two lines later they are saying, “By the way, can [...]
March 11th, 2008 at 11:37 am
[...] you looking for a way to increase your freelance writing income? Instead of spending all of your time searching for new clients, you should put effort into making [...]
March 17th, 2008 at 11:19 am
[...] Earning $1/word is possible. Many freelance writers balk at anything that pays less than this. Although I am not one of them, this is a mark that I strive to hit on a regular basis. When you begin to break into markets that pay $1/word, it is safe to say that you will be earning a solid freelance writing income. [...]
March 30th, 2008 at 10:01 am
[...] week I received several email from readers asking why I work so many hours. I assume that since my freelance writing income is regularly high that some feel I work 15 hours per day. To be honest, my freelance writing work [...]