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- How to Budget on a Low Income - January 27, 2020
May was the first full month that Fly to FI has been running! Every month from here on out, I will share the blog’s progress in a monthly Blogress Report. In this report, I will detail my monthly blog stats, income statement, growth strategies, future blog goals and more. Follow along each month as the Fly to FI community continues to grow!
This month I published 9 articles within 3 categories.
Mindset – 6 articles
Investing – 2 articles
Side Hustles – 1 article
The screenshot above is my May 2018 Google Analytics Report, which details user interaction data on my website.
Sessions: 1,426. This is the number of user interactions on my site.
Users: 944. This is the number of unique user interactions on my site.
Page Views: 7,391. This number represents the number of pages viewed on my site.
Bounce Rate: 57.15%. This percentage indicates how many single-page visits occurred on my site. A low bounce rate is better and means that users are viewing multiple pages on my site before leaving.
Organic Search: 28. This number indicates how many people searched “Fly to FI” in Google rather than clicking a link somewhere.
Pages/Session: 5.18. This number is calculated by [Page Views]/[Sessions].
Here is an example to help you better understand these numbers.
John does a Google Search for the Fly to FI blog and reads three separate articles. He then returns to the blog several hours later and reads two more articles. How does this sequence of events affect my blog stats?
Sessions: +2. John logged two separate sessions.
Users: +1. No matter how many times John logs into my site this month, he will only count as one user.
Page Views: +5. John opened five separate pages to read each of the five blog articles.
Bounce Rate: 0%. John always visited more than one page on my site.
Organic Search: +1. This number is based on how many users search “Fly to FI” in a search engine, rather than clicking a link
Pages/Session: 2.5. John read three articles in his first session and two articles in his second session (5 / 2 = 2.5)
I am generally happy with all of the numbers I recorded in May 2018. I don’t have much to compare them to since this is my first Blogress Report, but I’ll try to improve them next month!
Total Income: $301.29. Not bad for my first full month! Let’s take a look at my income streams for May 2018.
FlexOffers: $200. FlexOffers is an affiliate program aggregator. If you own a website or blog, I highly recommend checking them out. I use their platform to promote products or services that I truly believe in. One example is Personal Capital.
Personal Capital is a FREE online tool to help track your spending and net worth. If you’re not already using this awesome software, click here to get started!
M1 Finance: $100. M1 Finance is the first investment platform that offers FREE robo-advising. If you’d rather not worry about your investments, let M1 take care of them for you. They are also commission-free and do not charge asset management fees. Check out my M1 Finance review and account setup guide.
Google Adsense: $1.29. As you can see, Google Adsense does not bring in much revenue. Their payouts are based on page views and click rates, so maybe I just need to get my page views up! I only include these ads in the footer on my site because ads within articles and content are annoying.
Total Expenses: $0! For May 2018, the site cost $0 to run. But how is that possible?
- Domain: Purchased for $12.99 in April 2018
- Hosting: I already had website hosting set up for Arsenal Discs. On my SiteGround hosting plan, adding another website was free of charge.
- Email list: I currently use MailChimp to run my email list, which is free.
- Housekeeping: Everything you see on the site is done by me! I have yet to hire a tech or virtual assistant.
I am constantly trying to grow the Fly to FI Community. I work hard to curate quality content so I’d like to reach as many people as possible. I’ll break down the growth strategies I used in May 2018.
This month I featured on the Mastermind Within with a post about Taking Action. Check it out!
I also wrote two additional guest posts. However, I will share them in my future Blogress Reports as the posts are released. Stay tuned!
On May 21st I was fortunate to feature on the FIRE Drill Podcast. Listen to the episode here!
I recorded one other podcast this month as well, but I will hold off on sharing until it is released. 🙂
Social Media and Online Presence
Social media accounts are great for connecting with the community and growing the Fly to FI brand. I used multiple platforms quite regularly this month.
I think Facebook’s most valuable attribute is the “Group” feature. I actively participate in several personal finance groups to share my expertise and recommend relevant blog posts. I’m hoping to increase my “Page Likes” next month. I’m currently only at 24. If you haven’t already, check out the Facebook Page!
Twitter is great for connecting with other bloggers and members of the personal finance community. Using the “share” feature on other bloggers’ sites allows me to quickly share their posts with my followers. Follow me at @flytofi
Although Instagram is not the best platform for increasing blog traffic due to its “link-blocking”, I like to use it to connect with the community. I post at least once every three days and share my daily activities and adventures. Follow me at @flytofi
Full disclosure: I am completely new to Pinterest. I looked at several tutorials and understand the general gist of the platform, but I’m sure I could be doing a better job. I’m constantly working to become better at something every day and Pinterest is on that list. Check out my Pinterest profile!
Similar to Pinterest, I am a novice at best on this platform. I know that Google Plus helps with SEO (Search Engine Optimization) so I’m determined to learn and improve. Check out my Google Plus page!
There is a HUGE user base in the Financial Independence sub-Reddit. This is another platform I am just getting the hang of. Follow that sub-Reddit and you just might see me writing posts and comments. Follow my Reddit profile here!
Unfortunately, I haven’t uploaded any videos yet. But this will be coming soon! Follow my YouTube channel here!
This month I was very active in the Rockstar Finance Forums along with the MMM Forums. I think that connecting with potential readers in the forums shows that I’m committed to helping others and producing quality content.
Next Month’s Goals
Each month, I will outline my future blog goals in the form of a checklist. In my next Blogress Report, I will reflect back and see where I succeeded and where I failed. Hopefully, writing down this checklist will keep me accountable!
- Publish at least 10 quality articles
- Write at least 2 guest posts
- Record at least 1 podcast
- Grow social media and online presence
- Make progress on my mega project (to be revealed)
Thanks for checking in to the May 2018 Blogress Report! If you have any ideas to make Fly to FI even better, shoot me an email at email@example.com. See you next month!
If this content helped you, please share! Website traffic helps to keep the lights on and allows me to keep producing helpful content.