Freelance Writing Income: February 2008
Freelance Writing March 3rd, 2008Last 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.
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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
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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
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