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Published: May 8, 2022

Comment Finance Reports

April 2022 Finance Report

Everything I earned and spent in my business

These are my online business finances for April 2022.

I spent the entire month in Tbilisi, Georgia.

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

April 2022 finance graph

Total Business Income € 10,904 $ 11,496
Total Business Expenses € 3,730 $ 3,932
Profit € 7,174 $ 7,564

🤑 Business Income

April 2022 income

Affiliate income (see below) € 10,601 $ 11,177
Patreon 1 € 193 $ 203
Instantly refund 2 € 94 $ 99
Tip Jar 3 € 12 $ 13
Book sales (via Amazon) € 4 $ 5
Total Income € 10,904
$ 11,496
Previous Month € 13,599 $ 15,089

I was expecting my income to be around $13k for the month. Didn’t quite get there.

👍 Affiliate Income

Affiliate payments in April came from…

Affiliate Related Content
12 Minute Affiliate 12 Minute Affiliate Review
AppSumo Deal of the Week
Authority Hacker Authority Hacker Review
Commission Hero Commission Hero Review
ConvertKit ConvertKit Pricing vs. Popular Alternatives
Copy.ai eBiz Weekly
FlexJobs FlexJobs Review
Freedom Ticket Freedom Ticket Review
Income School’s Project 24 Income School Project 24 Review
Partner With Anthony Partner With Anthony Review
PrizeRebel PrizeRebel Review
Respondent Respondent Review
SafetyWing Digital Nomad Travel Insurance
Savage Affiliates Savage Affiliates Review
Survey Junkie Survey Junkie Review
theLotter theLotter Review
Udemy Best Udemy CoursesUdemy ReviewFree Udemy Courses

(Btw, I don’t necessarily recommend everything I earn affiliate income from. Sometimes I’ll write a negative review of something and people will still sign up to it via my link. Humans are weird like that.)

Here’s a progress chart for affiliate income since starting eBiz Facts…

eBiz Facts affiliate income progress April 2022

Note that, to keep things simple for myself on a day-to-day basis, I practice cash accounting rather than accrual accounting.

“Under the cash method of accounting, sales are recorded when cash is received, and expenses are recorded when cash is sent out. It’s straightforward and intuitive. The problem with the cash method, however, is that it doesn’t always reflect the economic reality of a situation.” – Accounting Made Simple

The economic reality of affiliate marketing is that some companies pay their affiliates every month, while others have irregular payment schedules. As a result, my affiliate income can look more inconsistent month-to-month than it actually is.

💸 Business Expenses

April 2022 expenses

🤝 Hired Help

Hired Help 4 € 1,786 $ 1,883
Previous Month € 1,034 $ 1,148

📆 Subscriptions

ClickUp (annual) 5 € 267 $ 282
ExpressVPN (annual) € 95 $ 100
Candidate Checker (lifetime) € 37 $ 39
Cloudflare Pro Plan (monthly) 6 € 19 $ 20
Secret outreach tool 😉 € 18 $ 19
YouTube Premium (monthly) 7 € 11 $ 12
Adobe Photoshop (monthly) € 9 $ 10
Virtual Post Mail (monthly) 8 € 9 $ 10
Copycall (monthly) 9 € 6 $ 7
AAWP (annual) 10 € 0 $ 0
Ahrefs (annual) 11 € 0 $ 0
BerryCast 12 € 0 $ 0
ConvertBox 13 € 0 $ 0
EasyCron (annual) € 0 $ 0
GeneratePress Premium (annual) 14 € 0 $ 0
Google Drive storage (annual) 15 € 0 $ 0
Income School’s Project 24 (annual) 16 € 0 $ 0
JotForm (annual) 17 € 0 $ 0
LastPass (annual) 18 € 0 $ 0
Readwise (annual) 19 € 0 $ 0
SocialBee 20 € 0 $ 0
SOUNDRAW 21 € 0 $ 0
Surfer (annual) 22 € 0 $ 0
Trends (annual) 23 € 0 $ 0
Zoom (annual) 24 € 0 $ 0
Total € 472 $ 498
Previous Month € 68 $ 75

🤓 Hosting & Domains

Dreamhost 25 € 156 $ 165
Kinsta (annual) 26 € 0 $ 0
Total € 156 $ 165
Previous Month € 0 $ 0

📚 Books

Total € 0 $ 0
Previous Month € 2 $ 2

🏦 Transaction Fees

Transaction fees 27 € 423 $ 446
Previous Month € 478 $ 530

💻 Office Expenses

Phone credit € 9 $ 10
Skype credit € 9 $ 10
Internet € 7 $ 8
Total € 26 $ 28
Previous Month € 16 $ 18

📋 Admin Expenses

US Patent Trademark Application € 95 $ 100
Total € 95 $ 100
Previous Month € 56 $ 62

🎁 Gifts & Donations

CAMFED 28 € 744 $ 785
Layla at Process Driven 29 € 8 $ 9
Total € 753 $ 794
Previous Month € 451 $ 500

🤷‍♂️ Miscellaneous Expenses

Amazon Web Services (storage) 30 € 18 $ 19
Total € 18 $ 19
Previous Month € 280 $ 311

💸 Expense Summary

Hired Help € 1,786 $ 1,883
Gifts & Donations € 753 $ 794
Subscriptions € 472 $ 498
Transaction Fees € 423 $ 446
Hosting & Domains € 156 $ 165
Admin Expenses € 95 $ 100
Office Expenses € 26 $ 28
Miscellaneous € 18 $ 19
Books € 0 $ 0
Total Expenses € 3,730
$ 3,932
Previous Month € 2,385 $ 2,646

I was expecting to spend about $4,000 overall. Nailed it.

😢 Biggest Regret?

Nothing significant.

2022 So Far

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

January € 8,842 $ 9,911
February € 5,246 $ 5,888
March € 11,214 $ 12,443
April € 7,174 $ 7,564
Total € 32,476 $ 35,806

🔮 Outlook For May

I expect expenses to be around $3000.

Income should be about $13,000.

📲 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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