Working from Home Quarterly Report – Q2 2021

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If you are new here, hi I’m Julia. I’m a freelance designer + developer, side hustler, and blogger behind Happier Freelancing.

Disclaimer: This post may contain affiliate links, meaning I get a small commission if you decide to make a purchase through my links, at no additional cost to you. Please read my full disclaimer here for more info.

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I’ve been freelancing for a few years now. I work on a project-by-project basis like work for 3-6 months and then take a vacation for 3-6 months before return to work for another 3-6 months.

This freelance lifestyle has pros and cons, just like 9-5 jobs. For example, I don’t have a stable monthly income. I have to manage my money wisely and also make supplemental income from a side hustle.

However, working with a flexible schedule allow me to travel off-season. Cheaper airfare, wallet-friendly hotel rates, and fewer crowds are super beneficial to geeky travelers like me.

In this post, I’ll share my freelance lifestyle to evaluate what happened over the last 3 months and see what I got done.

I hope this report helps someone interested in becoming a freelancer in some way.

Here are 4 main things I track:

Freelance Projects

In Q2, I took a little break from freelance projects and went to Las Vegas for a week. Our travel budget was $2000 for 2 adults, so we used credit cards & HGVC benefits fully!

After that, I had 3 presentations & 2 lunches with local businesses. I’m hoping to get one of the projects! (Wish me luck)

One of the toughest things about freelancing is getting clients. It never gets easier. 99% of my clients are local businesses. I maintain a good relationship with my freelance networks and ex-coworkers. To my freelance business, the network is everything.

Side Projects

Blogging

My blogging goal is to make $100 a month, monthly page views to be 1,000, and grow each social media follower to 1,000.

Here is a summary of the blogging progress as of June 2021:

  • Blog Posts: 76
  • Users: 2,435
  • Pageviews 10,589
  • Facebook Liked & Followers: 8
  • Twitter Followers: 1,379
  • Instagram Followers:  532
  • Pinterest Followers: 193
  • Affiliate Income: $72.74
  • Sponsored Posts: $525

I made barely enough money to cover blogging expenses so far. However, the blog traffic increased by 94% compared to last year. I’m making slow progress.

The problem is social media. Creating social media content and post valuable content EVERY DAY while creating blog content is just so tough. I really need a plan.

Announcement

First, thank you for visiting and reading my blog. If you purchase something through my affiliate link and/or share my blog post on your social media, thank you very much for your support. It means a lot to me.

To show my appreciation for blog readers, I started to create a FREE social media planner and calendar. I’m planning to launch it around fall. I’ll also share it on social media and newsletter, so please stay tuned (:

Keep in Touch

eCommerce

My eCommerce business goal is to make $500 a month.

Here is a summary of the eCommerce progress as of June 2021:

  • Sold 85 products on dropshipping
  • Dropshipping gross sales, NOT net profit: $10,700
  • Sold 38 products on eBay
  • eBay gross sales, NOT net profit: $1,052
  • Sold 30 products on Poshmark
  • Poshmark gross sales, NOT net profit: $827

In the 2nd quarter, I had to deal with delivery issues and sudden stock shortages almost every day. The United States Postal Service is experiencing long delays on international shipments due to a lack of air cargo capacity. I believe these massive delays started in June 2020. Yes, it’s been a year. These shipping delays negatively impacted my eCommerce business. I really hope this will recover before Christmas.

Investing

My stock investment goal is to get a $100 dividend every month.

I use a Fidelity brokerage account to invest in individual stocks.

Stocks Sold

  • Kroger
  • HOLICITY

A tender offer is a public announcement to all shareholders requesting to sell their stock at a specific price during a certain time. HOLICITY’s tender offer was a higher price per share than the company’s current stock price at the time. Therefore, I took the offer and sold all of the shares.

Kroger stock went up to $8 per share in 6 months, so I sold them all. They grew a lot in short term. US stock market keeps rising. It’s a little creepy.

Dividends Received

  • Kroger in March
  • Barrick Gold in March & June
  • CREDIT SUISSE in May & June

I purchased Barrick Gold and CREDIT SUISSE because these were so cheap. I didn’t expect dividend income, but Barrick Gold currently has a 4.33% dividend yield and CREDIT SUISSE has a 4.14% dividend yield. It’s not so bad. I was planning to buy more but these two stocks keep going down. Well, looks not good! I’ll wait and see how it goes.

Stock Purchases

  • N/A

Money Received

  • Barrick Gold

Barrick Gold paid a return of capital to their shareholders in addition to quarterly dividends.

Life Update

We pay off the mortgage and officially became debt-free. Woohoo! If you’ve read my Managing Money as a Freelancer, you know that nearly 50% of our 1st priority budget was paid for the mortgage. It wasn’t easy but it was worth it.

From now on, we can save and invest more money.

Selfcare

I tend to skip meals or eat unhealthy foods when I have stress. To improve my eating habits, I studied ChooseMyPlate. It is the current nutrition guide published by the USDA’s Center for Nutrition Policy and Promotion. The suggested food balance is divided into four sections of 30 percent grains, 40 percent vegetables, 10 percent fruits, and 20 percent protein. In addition, smaller dairy products, such as a glass of milk or a yogurt cup.

Based on the suggestion, it was obvious that I need to eat more vegetables and fruits. So, I got Magic Bullet Single-Serve Blender to make fresh smoothies at home. I eat (drink) more vegetables and fruits these days. This blender is super compact and only takes minimal counter space. Easy to use, easy to clean. I like it a lot!

Amazon: Magic Bullet Blender

Wrapping Up

Now, it’s your turn! How was your second quarter of the year? Did you plan something new?

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