In an effort to be transparent and to inspire you, I want to start reporting my monthly earnings. But first, let me thank those of you who have made it possible. Thank you for signing up for hosting through Blue Host, clicking on my occasional Google advertisement, and other affiliate links.
I am going to try and do this monthly so that I am accountable to you and so that you can learn how to grow your income. Being that I have a cute little baby girl, well she’s now more of a toddler, I may not get to it every month, but I am going to do my very best. If I skip a month, I try and cover the months I missed.
What I’m going to be reporting and what I’m not going to be reporting
Full-time Job: Since some of you are new and some of you have been around Practice of the Practice for a while, I’m going to give a quick summary of where I make income. My full-time job is at a community college as a counselor. I love the job and it gives me great opportunities. Also, since my wife stays home with our daughter it is an income we can count on, health insurance, a pension, and a really great environment! I’m not going to disclose my full-time wages, since it is not something that is part of my private practice.
Private Practice: I do 3-8 sessions a week in my private practice. I don’t take insurance, so it is private-pay. As a result, I don’t have many expenses in time or actual money. Included in my private practice money is time I spend doing supervision for LLPCs (Limited Licensed Professional Counselors), a 100 requirement in Michigan.
Passive Income: The term “passive” makes it sound like I don’t have to do work. What I mean is money that I make that is not in direct exchange for my time. I will outline what these are under each item.
How I make money
Private Practice (9 sessions, I was out of town for a lot of Sept.) $906
Other counselors: I have a counselor that work for my practice and I get a portion of what is brought in. $234
BlueHost Referrals $195
Amazon Affiliate Referrals $13.16
Google Ads $13.44
With all of this, there is no magic formula. I’m sure you’re waiting for the pitch, “Buy now and you too can…” you’re not going to hear that from me. In fact, if I were looking at boosting my income, it would be through just taking on more clients, not blogging. Last month I made just over $200 for probably 20 hours of writing and website design.
With that said, I really enjoy it! I love hearing from you, learning, guiding, and growing. Also, it’s helping us all get better at counseling private practice. So, if you like what you’re reading and you’re inspired, feel free to click on the affiliate links or ads. Thanks for joining me!
Joseph R. Sanok, MA, LLP, LPC, NCC is blown away by all of the people enjoying and growing through his blog, Practice of the Practice. He also does counseling in Traverse City, MI at Mental Wellness Counseling.