June 2019 Finance Report

Everything I earned and spent in Bali and Kuala Lumpur

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

I began the month in hospital thanks to a dose of dengue fever, then was in Ubud for the rest of the month except for a quick 3-day trip to Kuala Lumpur to renew my Indonesian visa.

Summary

June 2019 finance graph

Total Income € 933 $ 1,059
Total Expenses € 2,840 $ 3,222
Profit/Loss € 1,906 $ 2,163

Income

June 2019 income

Affiliate income (see below) € 798 $ 905
Consulting / Project Management 1 € 0 $ 0
Patreon 2 € 116 $ 132
Freedom Business Builder 3 € 0 $ 0
Book sales (via Amazon) € 20 $ 22
Total Income € 933
$ 1,059
Previous Month € 2,559 $ 2,931

I estimated $1,000 in affiliate earnings for June and little beyond that, which turned out to be the case (more or less).

Affiliate payments came from:

Expenses

June 2019 expenses

Food & Drink

Eating out € 345 $ 391
Groceries € 252 $ 286
Total € 597
$ 678
Previous Month € 595 $ 682

Housing & Utilities

5 weeks at Ubud villa € 434 $ 492
3 nights at Kuala Lumpur Airbnb € 113 $ 128
3 nights at Uluwatu Airbnb € 74 $ 84
Total € 621
$ 705
Previous Month € 519 $ 594

Health Care

SafetyWing travel insurance 4 € 32 $ 37
1-hour massage (x3) € 19 $ 21
Total € 51
$ 58
Previous Month € 473 $ 541

Travel & Transport

Flights: Bali (DPS) to Kuala Lumpur (KUL) round-trip € 161 $ 182
Indonesia social visa (including agency fee) € 149 $ 169
1 month scooter rental in Ubud, Bali € 94 $ 106
Taxis in Bali € 44 $ 49
Checked bags (2 flights) € 39 $ 44
Taxis in Kuala Lumpur € 25 $ 28
Travel adapter € 21 $ 24
Malaysia tourist tax € 6 $ 7
Passport photos for visa application € 4 $ 4
Scooter fuel € 3 $ 4
Luggage scale € 3 $ 3
Printing boarding passes € 1 $ 1
Total € 548
$ 622
Previous Month € 149 $ 171

(See here for a regularly updated list of my favorite travel resources.)

Business Expenses

Outsourcing 5 € 245 $ 278
LLC renewal 6 € 220 $ 250
Dreamhost web hosting 7 € 105 $ 119
LLC annual report filing € 46 $ 52
Pigeon 8 € 25 $ 29
SmarterQueue 9 € 18 $ 21
Ahrefs subscription 10 € 18 $ 20
MemberMouse 11 € 18 $ 20
Patreon fees 12 € 15 $ 17
Phone credit € 11 $ 12
YouTube Premium 13 € 11 $ 12
Google Drive storage (1TB) 14 € 9 $ 10
Virtual Post Mail 15 € 9 $ 10
Facebook ads 16 € 9 $ 10
Malaysian SIM card € 8 $ 9
Amazon Web Services (storage) 17 € 3 $ 3
Amazon Web Services support € 3 $ 3
PayPal fees € 1 $ 2
Teamwork project management software 18 € 0 $ 0
Total € 774 $ 879
Previous Month € 424 $ 485

Gifts & Donations

Movie rentals € 11 $ 12
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
Patreon: Úna-Minh Kavanagh € 3 $ 3
Flowers € 2 $ 3
Total € 36
$ 41
Previous Month € 24 $ 28

Books 23

The Ultimate Sales Machine 24 € 12 $ 14
A Hero Of Our Time *** € 3 $ 3
Unbound 25 € 2 $ 2
Total € 17
$ 19
Previous Month € 8 $ 9

Clothing

Skechers shoes € 76 $ 86
4 t-shirts € 18 $ 21
Total € 94
$ 107
Previous Month € 97 $ 111

Miscellaneous Expenses

Toiletries € 25 $ 28
Laundry € 18 $ 20
Household items € 12 $ 14
Bed sheet € 11 $ 12
Netflix subscription € 11 $ 12
Irish bank quarterly fee € 8 $ 9
Monthly banking fee (Hong Kong bank) 26 € 8 $ 9
Earplugs € 3 $ 3
ATM fee € 2 $ 2
Monthly banking fee (Dutch bank) € 2 $ 2
Kitchen cleaning stuff € 1 $ 1
Mosquito repellent € 1 $ 1
Total € 101
$ 115
Previous Month € 99 $ 114

Expense Summary

Business Expenses € 774 $ 879
Housing & Utilities € 621 $ 705
Food & Drink € 597 $ 678
Travel & Transport € 548 $ 622
Miscellaneous Expenses € 101 $ 115
Clothing € 94 $ 107
Health Care € 51 $ 58
Gifts & Donations € 36 $ 41
Books € 17 $ 19
Total Expenses € 2,840
$ 3,222
Previous Month € 2,388 $ 2,735

I was aiming to keep everything under €2,000 for the month. Failed miserably. Spent more on that Kuala Lumpur trip than expected, and I didn’t foresee some of those business expenses.

Biggest Regret?

Can’t say I regret any of my spending in June. Nothing thoughtless or silly there.

It makes me anxious spending so much more than I earn in a month – and this was my lowest earning month since January 2016 – but I expected to have a couple of months like this in 2019 with the transition in my business.

2019 So Far

Here’s how I’m doing this year in terms of profit and loss:

January € 653 $ 747
February € 529 $ 601
March € 242 $ 272
April € 240 $ 269
May € 171 $ 196
June € 1,906 $ 2,163
Total € 1,129 $ 1,280

Where That Leaves Me

I had €15,140 / $17,339 to my name at the end of May.

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 €14,095 / €15,995. 27

Outlook For July

Affiliate income should again be around the $1,000 mark, and I have a small bit of freelance income still due. Overall though I doubt I’ll pull in more than €1,500 for the month.

Expenses should be down a bit. I’ll be staying put in Bali for the whole month and sticking to a fairly solid routine. That helps save on travel, accommodation, and food and drink.

My outsourcing expenses will likely increase though as I look to hire another contractor.

At some point, I also need to book flights and accommodation for a trip to Chiang Mai in November, but I’ll probably leave that until August.

Keeping expenses to €2,500 or less for the month should be doable.

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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