These are my online business finances for November 2023.
I spent the month mostly in Andorra 🇦🇩
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
| Total Business Income | € 24,365 | $ 26,574 |
| Total Business Expenses | € 6,000 | $ 6,544 |
| Profit | € 18,364 | $ 20,029 |
🤑 INCOME
| Affiliate income (see below) | € 23,903 | $ 26,070 |
| Newsletter sponsorships (info) | € 458 | $ 500 |
| Book sales (via Amazon) | € 3 | $ 3 |
| Total Income | € 24,365 |
$ 26,574 |
| Previous Month | € 24,814 | $ 26,229 |
I was expecting my income to be around $20k for the month. Did much better than that, thanks to cashing out some commissions due in old affiliate accounts.
👍 Affiliate Income
Affiliate payments in November came from…
(Btw, we don’t necessarily recommend everything we earn affiliate income from. Sometimes we’ll write a negative review of something and people will still sign up to it via our affiliate link. Humans are weird like that.)
Here’s a progress chart for affiliate income since starting eBiz Facts…
💸 EXPENSES
🤝 Hired Help
| Hired Help 1 | € 4,895 | $ 5,339 |
| Previous Month | € 5,051 | $ 5,339 |
📆 Subscriptions
| Virtual Post Mail (monthly) | € 14 | $ 15 |
| YouTube Premium (monthly) 2 | € 13 | $ 14 |
| Adobe Photoshop (monthly) | € 8 | $ 9 |
| Copycall (monthly) 3 | € 8 | $ 9 |
| Total | € 43 | $ 47 |
| Previous Month | € 989 | $ 1,045 |
🤓 Hosting & Domains
| Dreamhost 4 | € 78 | $ 85 |
| Kinsta (annual) 5 | € 0 | $ 0 |
| Total | € 78 | $ 85 |
| Previous Month | € 24 | $ 25 |
🏦 Transaction Fees
| Transaction fees 6 | € 623 | $ 679 |
| Previous Month | € 794 | $ 839 |
💻 Office Expenses
| Internet | € 40 | $ 44 |
| Cellphone service | € 31 | $ 34 |
| Total | € 71 | $ 78 |
| Previous Month | € 72 | $ 76 |
📋 Admin Expenses
| Total | € 16 | $ 18 |
| Previous Month | € 0 | $ 0 |
🤔 Courses
| AI Side Hustle (review) | € 89 | $ 97 |
| Credit Repair Cloud | € 47 | $ 51 |
| The Real World (review) | € 46 | $ 50 |
| Total | € 182 | $ 198 |
| Previous Month | € 97 | $ 103 |
🎁 Gifts & Donations
| Student reviews giveaway winner | € 92 | $ 100 |
| Total | € 92 | $ 100 |
| Previous Month | € 445 | $ 470 |
🤷♂️ Miscellaneous Expenses
| Amazon Web Services 7 | € 1 | $ 1 |
| Total | € 1 | $ 1 |
| Previous Month | € 961 | $ 1,016 |
💸 Expense Summary
| Hired Help | € 4,895 | $ 5,339 |
| Transaction Fees | € 632 | $ 679 |
| Courses | € 182 | $ 198 |
| Gifts & Donations | € 92 | $ 100 |
| Hosting & Domains | € 78 | $ 85 |
| Office Expenses | € 71 | $ 78 |
| Subscriptions | € 43 | $ 47 |
| Admin Expenses | € 16 | $ 18 |
| Miscellaneous | € 1 | $ 1 |
| Total Expenses | € 6,000 |
$ 6,544 |
| Previous Month | € 8,432 | $ 8,913 |
I expected to spend about $7,000 in November, spent a good bit less than that.
🗓 2023 So Far…
Here’s how we’re doing this year in terms of profit and loss…
| January | € 13,840 | $ 15,027 |
| February | € 12,403 | $ 13,150 |
| March | € 19,356 | $ 21,045 |
| April | € 16,708 | $ 18,433 |
| May | € 14,585 | $ 15,538 |
| June | € 15,091 | $ 16,477 |
| July | € 15,251 | $ 16,805 |
| August | € 15,528 | $ 16,830 |
| September | € 27,745 | $ 29,373 |
| October | € 16,382 | $ 17,316 |
| November | € 18,364 | $ 20,029 |
| Total | € 185,253 | $ 200,023 |
🔮 Outlook For December
Expenses could be as high as $8,000.
I expect income to be around $20,000.
📲 How I Track All This
Curious as to how we track everything we 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.
