How I Earn And Spend My Money – August 2011 Finance Report
New finance report is up. Get access below to find out how much it cost me to hitchhike back to Ireland from Spain last month, and why I splashed out on a pricey piece of software.
*** Explanatory bit for new readers / skip this if you know the dealio ***
I quit my 9-to-5 job back in November and I’m currently transitioning into sustainable self-employment. The plan is to earn the majority of my income online so I can travel indefinitely and work from anywhere with an internet connection, like a geeky Jason Bourne.
One of my main goals with this blog is to lay down a blueprint so others can learn from my journey and achieve their own freedom.
The biggest problem with leaving 9-to-5 is giving up the steady paycheck that comes with it. You’ll often have to endure a few lean months before you begin to see real money trickle in from your entrepreneurial ventures. That’s where I’m at right now, and I’d like to reveal exactly what that’s like and how I’m making it work. You can see just how much my lifestyle costs and how I afford it.
Three quick notes to help you understand how I track everything:
- I round my expenses up and my earnings down. The idea here is that I’ll be left with a few extra Euros at the end of each month and I can go buy myself a a nice tub of hummus, or something.
- Earnings don’t count until the money is in my bank account or the cash is in my hand.
- I record what I spend and earn each day in a spreadsheet on Google Docs, or just on paper if I don’t have Internet access. I try to track absolutely everything.
*** End of explanatory bit ***
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