Here be all my finances for November. I spent the entire the month living in Puerto de la Cruz, Tenerife.

Summary

Total Income € 2,093
$ 2,223
Total Expenses € 2,319
$ 2,463
Profit/Loss € 226
$ 240

Income

November 2016 income

Freelance web development 1 € 873 $ 927
3M1K 2 € 782 $ 831
Affiliate payment: Authority Hacker Pro 3 € 235 $ 250
Google Adsense payment 4 € 78 $ 83
VAT Refund 5 € 42 $ 45
Coaching 6 € 38 $ 40
Book sales (via Amazon) € 30 $ 32
Book sales (via ebizfacts.com) € 15 $ 16
Total Income € 2,093
$ 2,223
Last Month € 1,802 $ 1,979

I estimated $2k in income and was aiming for $3k, so did okay overall.

Expenses

November 2016 expenses

Food & Drink

Eating out € 113 $ 120
Groceries € 222 $ 236
7 Total
€ 335
$ 356
Last Month € 457 $ 502

Housing & Utilities

1 month at shared apartment in Las Palmas 8 € 400 $ 425
2 weeks apartment sublet in Puerto de la Cruz 9 € 277 $ 294
Total € 677
$ 719
Last Month € 899 $ 987

Health Care

International health insurance (monthly payment) 10 € 101 $ 107
Total € 101
$ 107
Last Month € 101 $ 111

Travel & Transport

Flights: Gran Canaria (LPA) to Cork (ORK) 11 € 150 $ 159
Flight: Tenerife (TFN) to Gran Canaria (LPA) 12 € 44 $ 47
Bus tickets in Tenerife € 15 $ 16
Taxis in Puerto de la Cruz € 14 $ 15
Total € 223
$ 237
Last Month € 883 $ 970

Business Expenses

Outsourcing 13 € 477 $ 507
1 month at CoworkingC, Las Palmas 14 € 150 $ 159
ActiveCampaign mailing list software € 42 $ 45
Dreamhost domains € 34 $ 36
Smatree SmaPole Q3 € 31 $ 33
PayPal fees € 26 $ 28
Teamwork project management software 15 € 23 $ 24
MemberMouse 16 € 19 $ 20
Phone credit € 10 $ 11
Skype credit € 9 $ 10
Virtual Post Mail 17 € 9 $ 10
Gumroad fees € 2 $ 2
Google Drive storage (100GB) € 2 $ 2
Amazon Web Services (more storage) € 1 $ 1
Total € 835
$ 887
Last Month € 750 $ 824

Gifts & Donations

Total € 0
$ 0
Last Month € 15 $ 16

Books 18

The 22 Immutable Laws Of Marketing **** 19 € 12 $ 13
How To Fly For Free 20 € 3 $ 3
Total € 15
$ 16
Last Month € 36 $ 40

Clothing

Total € 0
$ 0
Last Month € 7 $ 8

Miscellaneous Expenses

Spanish lessons 21 € 83 $ 88
Schwab Trade Fees & Commissions 22 € 25 $ 27
Netflix subscription € 10 $ 11
Toiletries € 6 $ 6
Beach lounger rental € 5 $ 5
Kitchen cleaning stuff € 3 $ 3
Monthly banking fee (Dutch bank) € 1 $ 1
Total € 133
$ 141
Last Month € 53 $ 58

Expense Summary

Business Expenses € 835 $ 837
Housing & Utilities € 677 $ 719
Food & Drink € 335 $ 356
Travel & Transport € 223 $ 237
Miscellaneous Expenses € 133 $ 141
Health Care € 101 $ 107
Books € 15 $ 16
Clothing € 0 $ 0
Gifts & Donations € 0 $ 0
Total Expenses € 2,319
$ 2,463
Last Month € 3,201 $ 3,515

I was aiming to keep my expenses under $2.5k for the month. Just about made it.

Biggest Regret?

The Smatree SmaPole Q3. Second time I bought one in four months. I carelessly lost the first one while hiking in Tenerife 🙁

Also, my flights home to Ireland for Christmas. Could have paid much less for them if I’d booked earlier. I was holding off thinking I could book them through the $1,600 worth of free flights I’ve accrued via credit card points, but turns out I can’t book Ryanair flights that way.

Where That Leaves Me

I had €7,343/$8,063 to my name at the end of October.

Taking into account all my November 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 €7,336/$7,792. 23

Outlook For December

Well we’re already almost halfway through December as I’m writing this, so I have a good idea of how things will shake out. I should be able to keep expenses below $2.5k, and beat that same mark on the income front.

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.

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