July 2017 Finance Report

Konnichiwa from Japan!

Here be all my finances for July.

I spent the first 6 days of the month in Moscow, then 5 days in Istanbul, a couple of weeks in Chaing Mai, Thailand, and I finished it out traveling around Japan.

Summary

July 2017 finance graph

Total Income € 3,170
$ 3,743
Total Expenses € 3,336
$ 3,939
Profit/Loss € 166
$ 196

Income

July 2017 income graph

 

3M1K 1 € 2,522 $ 2,978
Authority Hacker Pro affiliate payment 2 € 343 $ 405
Aweber affiliate payment 3 € 167 $ 197
Client Finder Blueprint 4 € 43 $ 51
Book sales (via Amazon) 5

€ 38 $ 45
Gifts and donations 6 € 30 $ 35
Cheap Flight Checklist 7 € 27 $ 32
Total Income € 3,170
$ 3,743
Last Month € 4,204 $ 4,804

I predicted $3,300 income for the month so I’m fairly satisfied with the final numbers, especially since I was doing so much traveling.

Expenses

July 2017 expenses

Food & Drink

Eating out € 429 $ 507
Groceries € 160 $ 189
8 Total
€ 589
$ 695
Last Month € 369 $ 422

Housing & Utilities

1 month studio apartment rental in Chiang Mai 9 € 160 $ 189
3 Nights At Hostel & Gallery G Is Good in Nara, Japan 10 € 137 $ 162
2 Nights At Koehouse Kawaguchiko, Japan 11 € 129 $ 152
2 Nights At Tokyo Toneri Garden House-Stay 12 € 112 $ 132
Total € 538
$ 635
Last Month € 893 $ 1,020

Health Care

IMG Global Health Insurance 13
€ 0 $ 0
Total € 0
$ 0
Last Month € 0 $ 0

Travel & Transport

Russian business visa 14 € 523 $ 618
Japan Rail Pass (1 week) 15 € 224 $ 264
Flights: Chiang Mai (CNX) to Tokyo (NRT) via Bangkok (DMK) 16 € 210 $ 248
12 days scooter rental in Chiang Mai € 62 $ 73
Flight: Amsterdam (AMS) to Dublin (DUB) 17 € 52 $ 61
Cabeau Evolution Memory Foam Travel Pillow 18 € 37 $ 44
Airport taxis in Istanbul € 34 $ 40
Bus: Tokyo to Kawaguchikoeki (round trip) € 28 $ 33
Taxis in Istanbul € 24 $ 28
Airport taxi in Moscow € 22 $ 26
Bicycle rental in Moscow 19 € 14 $ 17
Train: Tokyo NRT airport to Tokyo Station € 10 $ 12
Taxis in Kyoto € 8 $ 9
Ubers in Chiang Mai € 6 $ 7
Tenjo-zan cable car in Japan (round trip) € 6 $ 7
Train: Kawaguchiko to Shioyoshida (round trip) € 5 $ 6
Buses in Kyoto € 5 $ 6
Airport taxi in Chiang Mai € 5 $ 6
Airport tuk tuk in Chiang Mai € 5 $ 6
Uber in Istanbul € 4 $ 5
Scooter fuel in Chiang Mai € 2 $ 2
Trains in Kyoto € 2 $ 2
Ubers in Moscow 20 € 2 $ 2
Flight: Tokyo (NRT) to Amsterdam (AMS) via New Delhi (DEL) 21 € 0 $ 0
Total € 1,290
$ 1,523
Last Month € 163 $ 186

Business Expenses

Outsourcing 22 € 261 $ 308
Google Drive storage (1TB) 23 € 85 $ 100
PayPal fees 24 € 62 $ 73
Rev.com transcription 25 € 47 $ 55
3M1K affiliate payment 26 € 42 $ 49
Istanbul SIM card (Vodafone) 27 € 27 $ 32
BuzzStream 28 € 20 $ 24
Thailand SIM card (True Move) € 15 $ 18
Dreamhost domains 29 € 11 $ 13
Winning proposal sample for 3M1K 30 € 9 $ 10
Virtual Post Mail 31 € 9 $ 10
Buffer 32 € 8 $ 10
Gumroad fees 33 € 4 $ 5
Amazon Web Services (storage) 34 € 2 $ 2
Total € 601
$ 710
Last Month € 897 $ 1,024

Gifts & Donations

Flowers 35 € 33 $ 39
Monthly Love & Courage podcast donation 36 € 10 $ 12
Waking Up podcast donation 37 € 4 $ 5
Deer cookies 38 € 4 $ 4
Birthday candles 39 € 1 $ 1
Total € 52
$ 61
Last Month € 37 $ 42

Books 40

Homo Deus 41 **** € 4 $ 5
Scientific Advertising 42 € 1 $ 1
Total € 5
$ 6
Last Month € 49 $ 56

Clothing

Plastic rain coat 43 € 1 $ 1
Total € 1
$ 1
Last Month € 0 $ 0

Miscellaneous Expenses

1 month fight training at Chiang Mai Fight Fit 44 € 160 $ 189
Hagia Sophia entry in Istanbul (x2) 45 € 19 $ 22
Toiletries € 18 $ 21
Nara arcade games 46 € 15 $ 18
Galata Tower entry in Istanbul (x2) 47 € 12 $ 14
Istanbul boat party (x2) 48 € 12 $ 14
Netflix subscription 49 € 10 $ 12
Laundry € 4 $ 5
Shoe shine in Istanbul 50 € 4 $ 5
Kyoto arcade games 51 € 2 $ 2
Monthly banking fee (Dutch bank) € 1 $ 2
Currency exchange fee € 1 $ 1
Public toilets € 1 $ 1
iPhone cable 52 € 1 $ 1
Total € 260
$ 307
Last Month € 79 $ 89

Expense Summary

Travel & Transport € 1,290 $ 1,523
Business Expenses € 601 $ 710
Food & Drink € 589 $ 695
Housing & Utilities € 538 $ 635
Miscellaneous Expenses € 260 $ 307
Gifts & Donations € 52 $ 61
Books € 5 $ 6
Clothing € 1 $ 1
Health Care € 0 $ 0
Total Expenses € 3,336
$ 3,939
Last Month € 2,449 $ 2,798

I predicted $3,025 for July expenses so I was way over. The Russian business visa was the biggest expense I failed to predict.

Biggest Regret?

A few things bugged me:

  • Getting scammed by that shoe shine guy in Istanbul. I should have been more assertive with him.
  • The home-stay place in Tokyo wasn’t great. Nice hosts, but not at all central and little privacy.
  • The travel pillow I bought has failed to impress so far.
  • The Vodafone SIM card I bought in Istanbul was too expensive. Should have went with a local carrier.

Year To Date

Here’s how I’m doing so far in 2017 in terms of profit and loss:

January € 668 $ 720
February € 724 $ 763
March € 2,704 $ 2,881
April € 1,023 $ 1,114
May € 10 $ 11
June € 1,755 $ 2,006
July € 166 $ 196
Total € 46 $ 75

Where That Leaves Me

I had €9,388/$10,728 to my name at the end of June.

Taking into account all my June 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 €9,502/$11,220. 53

Outlook For August

I spent time in four countries in July, and it looks like I’ll be in four countries again in August. I have a few more days in Japan, then off to Amsterdam for a bit, back to Ireland for a couple of weeks, and I’ll likely finish out the month in Moscow (assuming my business visa comes through okay).

All that traveling won’t be as expensive as it sounds since I’ll mostly have free accommodation in Amsterdam/Ireland/Moscow thanks to friends/family/girlfriend.

Only flight I still need to arrange is from Ireland to Moscow at the end of the month.

I figure I should be able to keep expenses a good bit lower than I did in July so I’ll aim for $2500 again.

As for income, I should pull in at least $2000 from 3M1K again, and I have a few hundred due from other products (mainly this travel guide that I launched recently).

Freelance income was zero in July because I was traveling and focusing on products, and it won’t be much different in August.

All that considered, I’ll aim for $3,000 again.

Taking into account that I usually underestimate income by 10% and expenses by 21%, my final predictions for August should be $3,300 for income and $3,025 for expenses.

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.

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About The Author

2 Comments

  1. Was Homo Deus better than Sapiens? I started Sapiens but after listening to the author on Russel Brand’s podcast it started to sound too familiar and I gave up!

    What about the cake the candles went on? 😉

    1. I haven’t read Sapiens yet. I grabbed Homo Deus because they were offering it real cheap for a few days on Amazon.

      As for the cake, there are photos of that, but not for the blog 🙂

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