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Why I stopped declaring my income *

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I’ve recently stopped declaring my income, in specific terms at least. Today I want to share with you why.

When I started my blog it was to ensure that I could share my information with people about how you can make and save money by using the internet.

I have written posts about my favourite survey websites, ways to save for Christmas and even how I made £15,000 in just 4 months from matched betting.

These are all popular posts that have helped people, and I don’t intend on stopping posting such posts.

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A couple of months ago I was talking to somebody online about money making. She told me that she was making £500 a month. I told her that I thought this was fantastic news, as I did, and she responded to say that it was ‘nothing in the scheme of things’.

When I asked her to elaborate on this she advised that it was nothing compared to the sort of money that I am making. Now yes, I am making good money, from a huge variety of income streams, however, I still think £500 is a huge sum of money. This is pretty much when I stopped declaring my income online. 

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I work HARD for the money that I am making. I have some money that is passive income, such as income from blog posts, affiliate income etc. This is great, obviously, and I’m very grateful for this. However, I’m not the sort of person who is ever going to put all of my eggs in one basket.

I like to diversify and I think this is the key to ensuring that there is always spare money for fun times with my family and for ensuring that we are financially secure. I am proud to make money online, and help others, but I’m no longer declaring my income. 

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When I started my website, back in 2014, I was making £100s per month, sometimes in the low £100s. I have always been honest, from day one, about whether or not a website can allow me to earn £20 a month or £20 a day.

I’ve spoken about the low paying surveys on websites such as Viewsbank, Onepoll and Valued Opinions and I’ve spoken about the higher paying surveys on websites such as Prolific.

Honesty is something that has always been what I’m about. This is true whether I’m talking about what I’ve been up to recently, if I’ve achieved a goal I set myself or what I’m making from a particular website.

That is why when I declared my BIG WIN of £7,906.12 I included a screenshot. I even went as far as to tweet the company who confirmed when my winnings would be hitting my bank account. By not declaring my income it isn’t about not doing those things, it is about not making people feel inadequate who aren’t as fortunate as I am.

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Going forward I will still be declaring things related to my life, and setting goals for myself. I may even still have finance related goals, such as to earn £500 from surveys one month. What I won’t be doing now is specifically listing the amounts that I am earning in my monthly aims/aims results.

I’m still happy, as always, to share details of earnings with people who contact me via the multiple websites that I am a member of.

I just don’t really feel that my earnings, which are boosted by the fact that I am a blogger, are relevant to the everyday person who is visiting my website for tips on making and saving money. I won’t be keeping my income anonymous but I won’t also be crowing about it from the rooftops.

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Whether you make £50 a month or £500 a week you are still enriching the lives of those around you and helping to give your family a better life. That is something that should be applauded. I don’t want to be someone making people feel inadequate.

I don’t want anybody visiting my website to feel that their online earnings are insignificant compared to mine. Sometimes in life you get a little lucky. I’ve done that, in part, and part of it is down to hard work.

The amount of effort you put in online doesn’t always equal the amount of money that it should do.

While I will still talk about some of the ways to earn money online, as well as larger ones, I won’t be specifically detailing all of my income.

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Also, lets be honest, anyone could be declaring a large amount that they are earning online. It doesn’t mean anything really. Nobody knows if 1. the amount declared is true 2. the amount of hours that were put in to achieve such figures or 3. exactly what the person is doing online for money.

Not all people declaring their income are declaring exactly what they have to do, and what levels they have to sink to just to earn their money.

The reason for me no longer declaring my income isn’t because I hate people who do it is just because for me it isn’t what I am about anymore. I am not selling blogging courses, so don’t need to declare my income to show people what is possible. I’ve nothing against people that do declare. Each to their own. 

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I write about such a varied mixture of topics here on Katykicker that I just don’t feel they are needed. For me personally, on my website. In general I think they can be a fantastic way to show others what you can achieve. Although at the same time perhaps they make someone else feel inadequate, or just a bit rubbish about their own income. 

*Don’t worry – I’m still declaring to the taxman and you should be too! (Yes, even if you ‘just’ complete surveys or matched betting). 

If you enjoyed this post I’d love it if you could pin it on Pinterest!

Why I stopped declaring my income. No more will I be sharing all my income online - find out why now
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katykicker

Friday 30th of June 2017

Yeah I find it quite personal too. I do see it can have a place, to encourage people and be motivational, but at the same time I don't want to make people feel bad either.

katykicker

Thursday 29th of June 2017

Thanks so much Jeannette, thanks for taking the time to leave such a nice comment! I'm really grateful. Have a nice weekend.

Heidi brown

Thursday 29th of June 2017

Katy your website has helped me so much. I now know what's possible in terms of earning from home and it's a journey I'm just starting, little by little I'm earning more and more. I don't need you to declare your income to prove that what you earn is what you earn and how that can help me etc. I think it comes across in your blog how genuine and honest you are, so if you say it works, I'll give it a go to see if it works for me too. At the end of the day, I'm more likely to follow an Honest blog than one that bombards me with figures! So I say as long as you don't change, figures or no figures, it doesn't really matter!

katykicker

Thursday 29th of June 2017

Thanks so much for your lovely comment Heidi. I'm so glad that I can help you too! Well done for working on making money and boosting things for yourself.

Pauline

Wednesday 28th of June 2017

Hi Katy, at the end of the day you do what's best for you and what you feel comfortable with and one thing I've learnt in life you can't please everybody, there is always some one you are going to upset or make them feel bad. For me you do a fantastic job and you are really inspiring. I love to read your post's both here and on TMS. You help so many people and give nothing but encouragement.

katykicker

Thursday 29th of June 2017

Thanks so much Pauline, that is so nice of you to say. I'm so glad that I can help people!

katykicker

Wednesday 28th of June 2017

Thanks so much for your nice comments. I'll still be sharing some financial snippets of my income, savings goals etc of course but I just won't have an open income report etc.

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