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

I spent the entire month in Gran Canaria.

Summary

March 2019 finance graph

Total Income € 3,075 $ 3,457
Total Expenses € 2,833 $ 3,185
Profit/Loss € 242 $ 272

Income

March 2019 income

Consulting / Project Management 1 € 2,263 $ 2,544
Affiliate income (see below) € 456 $ 513
Freedom Business Builder 2 € 222 $ 249
Patreon 3 € 105 $ 118
Book sales (via Amazon) € 29 $ 32
Total Income € 3,075
$ 3,457
Previous Month € 2,261 $ 2,573

I was aiming to pull in €2,500 in March. Beat that by €475 mainly thanks to affiliate income.

Affiliate income came from:

Expenses

March 2019 expenses

Food & Drink

Eating out € 326 $ 367
Groceries € 214 $ 241
Total € 540
$ 607
Previous Month € 450 $ 512

Housing & Utilities

1 month coliving at The Pool in Gran Canaria € 632 $ 711
Total € 632
$ 711
Previous Month € 685 $ 779

Health Care

SafetyWing travel insurance 4 € 33 $ 37
Nurofen € 7 $ 8
Total € 40
$ 45
Previous Month € 33 $ 38

Travel & Transport

3 days car rental in Gran Canaria 5 € 60 $ 68
Fuel for rental car € 23 $ 26
Taxi in Gran Canaria € 20 $ 22
Parking in Gran Canaria € 4 $ 4
Bus: LPA to Las Palmas € 3 $ 3
Las Palmas city bike € 3 $ 3
Total € 113
$ 127
Previous Month € 196 $ 223

Business Expenses

Accountant 6 € 400 $ 450
Outsourcing 7 € 315 $ 354
Dreamhost web hosting 8 € 147 $ 165
1 month coworking at CWC in Las Palmas 9 € 120 $ 135
Amazon Kindle Paperwhite 10 € 112 $ 126
Ahrefs subscription 11 € 36 $ 40
Rev.com transcription 12 € 26 $ 30
Kindle case 13 € 22 $ 25
SmarterQueue 14 € 20 $ 22
Google Drive storage (1TB) 15 € 18 $ 20
MemberMouse 16 € 18 $ 20
Phone credit € 15 $ 17
Patreon fees 17 € 14 $ 15
PayPal fees € 14 $ 15
YouTube Premium 18 € 10 $ 12
Virtual Post Mail 19 € 9 $ 10
TransferWise fees € 8 $ 8
Private Internet Access (VPN) € 6 $ 7
Awin publisher registration fee € 4 $ 5
Amazon Web Services (storage) 20 € 3 $ 3
Upwork fees € 1 $ 1
Teamwork project management software 21 € 0 $ 0
Total € 1,317 $ 1,481
Previous Month € 1,210 $ 1,377

Gifts & Donations

Flowers € 45 $ 51
Effective Altruism Fund 22 € 9 $ 10
Monthly Love & Courage podcast donation 23 € 5 $ 6
SamHarris.or subscription 24 € 4 $ 4
Patreon: The Blindboy Podcast 25 € 3 $ 3
Total € 65
$ 73
Previous Month € 29 $ 32

Books 26

Blue Ocean Strategy 27 € 18 $ 21
Total € 18
$ 21
Previous Month € 22 $ 25

Clothing

Adidas running shoes € 34 $ 38
Wooly hat € 8 $ 9
Carnaval costume € 6 $ 7
Total € 48
$ 54
Previous Month € 116 $ 132

Miscellaneous Expenses

Toiletries € 13 $ 15
Netflix subscription € 11 $ 12
Monthly banking fees (Hong Kong bank) 28 € 8 $ 9
Quarterly banking fee (Irish bank) € 7 $ 8
Laundry € 6 $ 7
Las Palmas science museum € 6 $ 7
Mosquito repellant € 5 $ 6
Earplugs € 2 $ 2
Monthly banking fee (Dutch bank) € 2 $ 2
Total € 59
$ 66
Previous Month € 49 $ 56

Expense Summary

Business Expenses € 1,317 $ 1,481
Housing & Utilities € 632 $ 711
Food & Drink € 540 $ 607
Travel & Transport € 113 $ 127
Gifts & Donations € 65 $ 73
Miscellaneous Expenses € 59 $ 66
Clothing € 48 $ 54
Health Care € 40 $ 45
Books € 21 $ 18
Total Expenses € 2,833
$ 3,185
Previous Month € 2,790 $ 3,174

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

Biggest Regret?

Bought the wrong case for my new Kindle, so that was a complete waste of $25.

Where That Leaves Me

I had €14,477 / $16,469 to my name at the end of February.

Taking into account all my March 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 €15,379 / $17,291. 29

Outlook For April

Hard to predict, as I’ll be spending time in four different places in April: Gran Canaria, Ireland, Amsterdam, and Bali.

I have friends and family kindly hosting me in Ireland and Amsterdam, so that helps trim the expenses, and all my other accomadation is already paid for. Flights, too. Given that, I’m thinking I should be able to come in under €2,500 total.

As for earnings, around €3,500 should be doable. I expect my affiliate income to be around $1,000 or more, with another €2,000 or so coming from freelancing.

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.