May 2017 Online Income Report

work from home

At the end of February 2017, I left a well-paid and secure full-time job in Administration to work from home for myself. Having always done a bit of side hustling (selling my own belongings on eBay, taking online surveys, matched betting, and blogging) I was earning a small amount of money on the side. The dream was always there, however, of one day quitting my job and working purely for myself. I wondered if I could make it by becoming self-employed and focussing on my online income streams full-time. After much planning and deliberation, I took the plunge and finally quit my job!

April 2017 was the first month when I really got to try out the whole ‘work from home’ thing. If you haven’t seen it yet, you can read my April 2017 income report and find out how much I was able to earn in that first month.

So, with another month under my belt, how much did I make online in May 2017?

MAY 2017 ONLINE INCOME: £2,130.82

work from home

As you can see, May’s income was higher than April’s.

I’m pleased with this as I was on holiday from 1 – 12 May, and unable to list anything on eBay in that time. I also managed only limited amounts of blogging on holiday, mainly due to a dodgy wifi connection that just made posting anything impossible.

This is the second work from home income report I’m sharing on the internet. I’m doing it because I want to share how much I made in one month, how I did it, and how I plan to increase this amount next month. Publishing this information will motivate me, and hopefully inspire those of you who are contemplating doing the same thing. I know it is the dream of many to be able to give up the day job and work on your own terms. This is my honest account of how much I made in one month working for myself, how I did it, and how I feel about this kind of lifestyle.

WHAT HAPPENED IN MAY

eBay £2,080.82: eBay reselling really started to take off in May. As I shared in my April income report, I focussed on increasing the number of listings I had. eBay listing takes time and effort, so this was definitely hard work. I wanted to get closer to the listing limits that I have set on my account. This did happen although there is still a long way to go until I get to the ‘maintenance level’ I talked about. I try to commit to listing a certain number of items each and every day. I’ve settled on 30 per day for now. As I’m certainly not selling 30 items per day this means that my amount of active listings gradually increases.

I’ve also tried to diversify the types of items I sell. I mainly resell clothes, but have been picking up a lot of different items. For example, I was surprised to learn that a lot of people buy cups and mugs on eBay! I’ve lost count of the amount of mugs I’ve picked up for anything up to £1. Many have sold for around £6 – 10 (hint: Cadbury’s and Nestle mugs sell very well). It’s taken time and some trial and error to figure out what is a good buy that differs from my usual. It’s been worth it though to attract more customers to my shop.

I didn’t hit Top Rated Seller status in May, but am on track to do it in June. A Top Rated Seller has more visible listings in eBay search results, and (hopefully) more sales because of it.

Blogging £50: I finally started earning a bit more through blogging! It’s not much, but is a start in the right direction again. Sponsored post income took me back in to the black (blogging-wise) in May. I have been blogging sporadically for a while (here and on my other blogs), and it takes hard work and consistency to make money with it. It’s an unpredictable source of income, but there are things you can do to optimise your blog for earning potential. I’ll be sharing some of my tips over the next few months. If you need any inspiration for starting a blog, read my 8 Reasons Why Starting A Blog Can Change Your Life.

Other sources £0: this month I didn’t do any matched betting at all. It’s just from a lack of time and the need to focus my efforts elsewhere. Matched betting is a great source of extra income, however, so I will definitely go back to it again in future. I also didn’t get any chance to do much else, like surveys or mystery shopping.

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Expenses

I have not deducted any of my household expenses and day-to-day living costs from this income amount. I have only deducted the associated costs of the particular money-making endeavours above (eBay fees, for example). This is to illustrate the earning potential of someone who wants to start working from home. We all have different outgoings, and mine (my mortgage, bills, car expenses, insurances, food and fuel etc) are things I am trying hard to keep to a bare minimum. I hope that doing things this way can serve to illustrate how you can weigh up the potential for covering all of your outgoings if you decide to start earning money from home. I’m pleased that I did cover everything in May with a little bit to spare.

As mentioned above, I do not deduct taxes from my reported earnings.

What I learnt this month about working for myself from home

I still struggle with time management and prioritising work. Having a set number of eBay items I absolutely must list each day has helped a lot. It gives me a bit of structure, and I tend to do it first thing in the morning so it’s out of the way for the day. My discipline has definitely improved. I know now how consistent and focussed I need to be in order to see growth in my business. There is only one way to make it happen, and that is through hard work!

Sometimes it is scary, knowing that you have given up your job for this kind of lifestyle. There have definitely been moments when I’ve wondered if I’ve done the right thing! I’ve contemplated getting a part-time job, or temping for a while, just for some guarantee of income. I’ve not done it though. I feel at the moment that ploughing all my efforts and time in to this online endeavour will be a good investment long-term. While I’m hardly rolling in cash at the moment, I have everything I need and am cutting down my costs all the time where I can (another steep learning curve!). So for now I am optimistic, and know I also need to work harder.

MY PLANS FOR JUNE 2017

June is going to be a slightly sporadic month. It’s my fiance’s 40th birthday on the 10th June, so we have a few things planned including a couple of weekends away. I’m also going away for a week near the end of the month. It’ll be interesting to see just how much I can do in June to increase my earnings while still having a life!

eBay: As with last month, I’m going to continue trying to increase the number of listings I have on eBay. I plan to achieve Top Rated Seller status on eBay, and hope this will make a tangible difference. I’m also going to start branching out even more with the category of items I sell. With car boot season on the go there’s so much opportunity to pick up all sorts of random things here and there. With the eBay app it’s easy to have a quick check on how well certain things sell on eBay when you’re browsing.

Matched betting: again, this is likely to go on the backburner in May while I use my time elsewhere. It’s always a decent thing to fall back on though, when I have the time.

Blogging: I’m still on Unit 2 of 12 of the Elite Blogging Academy course. It’s a big one as it involves planning and writing content for the next couple of months. I hope by the end of June to have mastered my editorial calendar. I’m looking forward to Unit 3 which is all about blog presentation and Pinterest. Pinterest is such a huge source of traffic to blogs, and really needs to be utilised by all bloggers who want to drive as many visitors to their blog as possible. Hoping to gain some awesome tips and see results as soon as I tackle Unit 3.

Sign up to my email newsletter below to get June’s work from home income report direct to your inbox. I’ll also send my newsletter subscribers other useful posts.  They could be about blogging, eBay reselling, matched betting or all sorts of other weird and wonderful ways I’ll be earning a living from home in the coming months.

Did you find this month’s income report helpful?

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I’m taking part in the Money Making Madness Linky hosted by Charlotte Burns from Lotty Earns, Emma Bradley from Mum’s Savvy Savings, Emma Drew from EmmaDrew.Info and Lynn from Mrs Mummy Penny.

This post contains affiliate links. For more information and to read my full disclaimer, click here.

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4 Comments

  • Reply
    Ailsa
    June 9, 2017 at 10:26 am

    I need to get back on eBay! V impressive

    • Reply
      athomeandonline
      June 20, 2017 at 12:31 pm

      Thanks Ailsa! It’s so worth it (although a lot of effort!)

  • Reply
    Victoria - Lylia Rose
    June 12, 2017 at 7:22 am

    That’s a great income from eBay! Well done 🙂

    • Reply
      athomeandonline
      June 20, 2017 at 12:33 pm

      Thank you! I’m pretty pleased with how it’s going so far (although still scary relying on it!)

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