press
Entrepreneur logo HuffPost logo Gizmodo logo LifeHacker logo NBC Today Show logo
eBiz Facts is reader-supported. When you buy through links on our site, we may earn a commission. Learn More

Published: January 13, 2013

Finance Reports

Everything I Earned And Spent In 2012

2012 was my second full year being a self-employed vagabond, traveling around the world without flying while working from my laptop. I managed to visit ten countries during the year, starting in Budapest and ending up in Bangkok, all while tripling my income and only increasing expenses by fifty percent. Twas a good twelve months, ta-tee-ta-toe.

Regular visitors to Disrupting the Rabblement will know that I’ve been tracking all my income and expenditure since I quit my day job a couple of years back, and sharing detailed monthly finance reports with my email subscribers. Below I’ll share with you a summary of all my income and expenses from 2012.

2012 Expenses

Travel € 5,049 $ 6,657
Pubs, Coffee Shops, Restaurants, Take-aways € 3,448 $ 4,546
Housing and Utilities € 3,386 $ 4,464
Gifts and Donations € 3,210 $ 4,232
Business Expenses € 2,471 $ 3,258
Groceries € 737 $ 972
Books € 384 $ 506
Clothing € 231 $ 304
Miscellaneous € 2,133 $ 2,812
Total Expenses € 21,049 $ 27,751

Total Expenses in 2011: €13,691 / $17,517 (view my 2011 financial summary here).

2012 Income

Freelance web design € 12,806 $ 16,884
Sigma 6 project € 5,956 $ 7,853
$50 Blogs € 2,529 $ 3,334
Gifts and Donations € 2,047 $ 2,699
Affiliate Income € 769 $ 1,014
Google Adsense € 361 $ 476
A Course In Courage € 322 $ 425
Writing € 231 $ 304
Miscellaneous € 248 $ 327
Total Income € 25,269 $ 33,316

Total Income in 2011: €7,850 / $10,044 (view my 2011 financial summary here).

Other numbers of interest

Total cash and bank balances on January 1, 2012 € 3,868 $ 5,100
Total cash and bank balances on December 31, 2012 € 8,633 $ 11,382
Difference between those two numbers € 4,765 $ 6,282
Money spent per day in 2012 € 57.69 $ 76.03
Money earned per day in 2012 € 69.23 $ 91.28
Lowest earning month (April) € 953 $ 1,256
Highest earning month (November) € 4,859 $ 6,406
Most expensive month (September) € 2,962 $ 3,905
Least expensive month (May) € 1,075 $ 1,417
About The Author
Niall Doherty – Founder and Lead Editor of eBiz Facts Born and raised in Ireland, Niall has been making a living from his laptop since quitting his office job in 2010. He's fond of basketball, once spent 44 months traveling around the world without flying, and has been featured in such publications as The Irish Times and Huffington Post. Read more...