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Published: May 1, 2019

Comment Finance Reports

April 2019 Finance Report

Everything I earned and spent in Gran Canaria, Ireland, Amsterdam and Bali.

Below you’ll find all my finance details for April 2019.

I started the month in Gran Canaria, was In Ireland from the 12th to the 23rd, then spent three nights in Amsterdam, before flying to Bali and getting settled in Ubud.

First time seeing one of these finance reports? Click here for a quick intro.

I’ve been tracking everything I earn and spend since January 2011, just a few weeks after quitting my day job. Every month since, I’ve published one of these finance reports.

Sharing this info publicly keeps me accountable and hopefully gives you some insight into how I earn a living online.

Patrons get to see each new report before anyone else.

Summary

Total Income € 2,907 $ 3,261
Total Expenses € 2,667 $ 2,991
Profit/Loss € 240 $ 269

Income

Consulting / Project Management 1 € 2,121 $ 2,379
Affiliate income (see below) € 291 $ 326
Cash gift € 200 $ 224
Freedom Business Builder 2 € 141 $ 158
Patreon 3 € 111 $ 125
Book sales (via Amazon) € 30 $ 34
Respondent 4 € 12 $ 14
Total Income € 2,907
$ 3,261
Previous Month € 3,075 $ 3,457

I was aiming to pull in €3,500 in April, was expecting a few more affiliate payments to come through but still waiting on them.

The $326 in affiliate payments I did receive came from:

Expenses

Food & Drink

Eating out € 269 $ 302
Groceries € 227 $ 255
Total € 497
$ 557
Previous Month € 540 $ 607

Housing & Utilities

3 nights at Lady Gregory Hotel, Ireland € 158 $ 178
10 nights at Ubud villa € 113 $ 126
1 night at Stay OK hostel, Amsterdam € 37 $ 41
Total € 308
$ 345
Previous Month € 632 $ 711

Health Care

SafetyWing travel insurance 5 € 33 $ 37
Strepsils € 13 $ 14
Panadol € 2 $ 2
Total € 48
$ 54
Previous Month € 40 $ 45

Travel & Transport

1 month scooter rental in Ubud, Bali € 82 $ 92
Train: Amsterdam to Hoogkarspel round trip with bikes (x2) € 58 $ 65
Indonesia visa on arrival € 34 $ 38
Taxis in Gran Canaria € 25 $ 28
Taxis in Bali € 24 $ 27
Bus: Cork to Waterford (x2) € 20 $ 22
Amsterdam public transport € 13 $ 15
Parking in Ireland € 7 $ 8
Scooter fuel € 2 $ 3
Total € 265
$ 298
Previous Month € 113 $ 127

Business Expenses

Outsourcing 6 € 475 $ 532
Accountant 7 € 300 $ 337
Chiang Mai SEO Conference 8 € 222 $ 249
Phone credit € 31 $ 35
Xiaomi Sports Bluetooth earphones € 28 $ 31
SmarterQueue 9 € 19 $ 21
Ahrefs subscription 10 € 18 $ 20
MemberMouse 11 € 18 $ 20
eBiz Facts Stickers € 13 $ 15
Patreon fees 12 € 14 $ 16
YouTube Premium 13 € 11 $ 12
Google Drive storage (1TB) 14 € 9 $ 10
Virtual Post Mail 15 € 9 $ 10
TransferWise fees € 8 $ 9
Upwork fees € 5 $ 6
Amazon Web Services (storage) 16 € 3 $ 3
PayPal fees € 2 $ 2
Respondent fees € 2 $ 2
Dreamhost web hosting 17 € 0 $ 0
Teamwork project management software 18 € 0 $ 0
Total € 1,186 $ 1,331
Previous Month € 1,317 $ 1,481

Gifts & Donations

Flowers € 35 $ 39
Phone credit for a friend € 10 $ 11
Effective Altruism Fund 19 € 9 $ 10
Monthly Love & Courage podcast donation 20 € 5 $ 6
SamHarris.org subscription 21 € 4 $ 4
Patreon: The Blindboy Podcast 22 € 3 $ 3
Total € 65
$ 73
Previous Month € 65 $ 73

Books 23

Mindset 24 € 12 $ 14
The Maximalist **** € 10 $ 11
Skyfaring 25 € 4 $ 4
Difficult Conversations 26 € 1 $ 2
Total € 28
$ 31
Previous Month € 18 $ 21

Clothing

Tailor (to patch jeans) € 10 $ 11
Total € 10
$ 11
Previous Month € 48 $ 54

Miscellaneous Expenses

Kitchen supplies (Chiang Mai) 27 € 80 $ 89
Government stamp duty (Irish bank) € 30 $ 34
Virtual reality gaming session in Las Palmas € 30 $ 34
Toiletries € 21 $ 24
Amsterdam Botanical Garden (x2) € 20 $ 22
Sunscreen € 16 $ 18
Weed in Amsterdam € 16 $ 18
Netflix subscription € 11 $ 12
Monthly banking fee (Hong Kong bank) 28 € 8 $ 9
Padel in Las Palmas 29 € 7 $ 8
Cinema: Us **** € 6 $ 7
Kitchen supplies (Ubud) € 3 $ 4
Laundry € 3 $ 4
Mosquito repellent € 3 $ 4
Currency exchange fee in Bali € 2 $ 2
Monthly banking fee (Dutch bank) € 2 $ 2
PayPal fees (personal) € 2 $ 2
Total € 260
$ 291
Previous Month € 59 $ 66

Expense Summary

Business Expenses € 1,186 $ 1,331
Food & Drink € 497 $ 557
Housing & Utilities € 308 $ 345
Travel & Transport € 265 $ 298
Miscellaneous Expenses € 260 $ 291
Gifts & Donations € 65 $ 73
Health Care € 48 $ 54
Books € 28 $ 31
Clothing € 10 $ 11
Total Expenses € 2,667
$ 2,991
Previous Month € 2,833 $ 3,185

I was aiming to keep everything under €2,500 for the month. Went a little overboard, mainly due to business expenses.

Biggest Regret?

Bought €10 phone credit online, sent it to the wrong phone :-/

Where That Leaves Me

I had €15,379 / $17,291 to my name at the end of March.

Taking into account all my April income and expenditure, and the most recent exchange rates – I have accounts in EUR, HKD and USD – my total bank and cash balances now work out to €15,918 / $17,856. 30

Outlook For May

My freelance income will be around €1,000 as I continue to scale back with my main client and focus more on building this site. Affiliate income should be around $1,000. Plus another few hundred here and there from Patreon, etc.  and I should earn about €2,000 total.

Ubud in Bali is looking to be a cheap enough place to live and I don’t have any big business purchases planned so I might manage to keep expenses down around €2,000 as well.

How I Track All This

Curious as to how I track everything I earn and spend? Check this video…

Feedback Welcome

Thoughts? Questions? Speak up in the comments below.

Archived Finance Reports

I’ve been posting these monthly finance reports since January, 2011. You can view all my old reports via this page.

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...

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