Welcome back to the monthly income report, after a one-month hiatus! I just planned badly last time. I like to write this post in advance, and May 1 was a Monday, so I couldn’t write about April’s income until that day. The following week I had just come back from a very fandom-topical experience I wanted to write about instead, and here we are.
After a very profitable March, April and May have been… not great.
Reason #1: I started a low-earning, time-intensive project. Anime Origin Stories made $5 this month, but it’s not a big deal because I didn’t start it to earn money, but rather to answer my own questions (and hopefully yours, too) about how people got into fandom. It got me thinking a lot about the value of work—and how work’s value doesn’t always come from money.
Reason #2: I became a full time writer for a bit. After a bunch of web projects in quick succession, I didn’t have any for a while. When you’re a freelancer you have to divide your time between paying work, and courting the chance of paying work by doing a bunch of self promotion. I had a lot of writing jobs secured so I figured I’d just focus on that. This is changing in June though, as I have picked up more web clients again, mostly by word of mouth. You can see a tiny web design paycheck I already received on the pie chart.
Reason #3: While not earning as much, I spent more. In the free time I had not getting as much work, I spent a bunch. I bought a ticket to a business conference this fall, which was still several hundred bucks even at a discount. I bought tickets to Japan, again! (Though I did get them for $700 round trip per person.) I paid my estimated taxes, which fortunately didn’t cost a thing, because I overpaid last year and just used part of my tax refund. I’m lucky I didn’t have any unexpected expenses, because I wouldn’t have stuck with any of my savings goals.
I put money in my emergency fund, retirement fund, and travel fund, but this month I did not put money in my new computer savings account. I told you about the other savings accounts, but I just started this one in January in case my now four-year-old Macbook doesn’t make it through the year. It’d be a lot cheaper to just suck it up and get a PC laptop, which my husband could actually repair and upgrade for me as needed, but I’m so used to working with a Macbook (I got my first one for grad school) that I’d rather save up all year than buy a PC.
Let’s talk about those belated April money goals:
- I sort of launched a new site with affiliate links, but since it wasn’t based on keywords or anything, I’m pretty sure it’s only made money from people being nice.
- I acquired a new web development client and I pitched a few new writing outlets, but I wouldn’t say I found a reliable new income source.
- I did write some pieces I was proud of for Forbes! My favorites: Why Anime Fans Aren’t Falling In Love With Anime Strike, How One Woman Turned A Passion For Anime Figures Into A Career, and More Than Just Skin: How Hentai Games Are Seducing New Audiences.
Now, what will I do this June?
- Work more, earn more. I’m my own boss and I need to act more like it. There’s no reason I shouldn’t be pitching and promoting more often.
- Don’t throw money at problems. Earlier I wanted to hire an editor for Otaku Journalist. This led to more work/problems for me. I also considered hiring a Japanese tutor long before I considered the simple solution of studying a little more on my own between classes. I have more money than time, so now it’s time to do the work.
- Paying work first. It’s tempting to create a big backlog of scheduled posts on Anime Origin Stories, and it really does feel like I’m being productive when I do it! I can’t believe I still have to tell myself this: but do work you’re actually paid for before you do that.
How did your May go? What are your plans for June?
2 Comments.
Years ago when I freelanced (fresh out of uni), I always found pitching the hardest thing too – especially as I wasn’t very confident at the time – I remember being so happy when I landed a full-time writing job because it solved that problem, at least for the time being.
I’ve definitely been thinking a lot about focus and motivation recently as my MA course is entering the third term – meaning I don’t have regular lectures any-more. I’ve started Japanese evening classes, partly so I don’t forget what I already learnt and partly to keep some semblance of a schedule to my weeks.
For the rest of my time, I’ve found limiting myself to three core areas has really helped with my time management and focus – while my curiosity keeps compelling me to want to check out lots of different things, what I’ve tried to do is make sure they are always relevant to one of the three core passions or goals I’m pursuing at the moment, that way I always feel like I’m gaining knowledge/making progress – sort of in line with the theory of spending x no. of hours toward ‘mastering’ something.
@lutga:disqus I like the “three core areas” idea! Three is such a manageable number. When I put three big things on my to-do list, I almost always manage to complete them. If it’s seven, though, I might have a hard time even getting started! I know some people have three focuses for a week, month, or season, and I think it’s very personal how often you want to swap them around to new focuses.