Below you’ll find all my finance details for October 2018.

I was in Gran Canaria the whole month.

Summary

October 2018 finance graph

Total Income € 3,2121 $ 3,655
Total Expenses € 3,376 $ 3,842
Profit/Loss € 164 $ 187

Income

October 2018 income chart

Consulting / Project Management 1 € 1,536 $ 1,748
Freedom Business Builder 2 € 1,323 $ 1,505
Coaching 3 € 255 $ 290
Patreon 4 € 69 $ 79
Book sales (via Amazon) 5 € 29 $ 33
Total Income € 3,212
$ 3,655
Previous Month € 4,142 $ 4,807

I was aiming to pull in €3,000 in October, so happy with how it shook out.

Expenses

October 2018 expenses

Food & Drink

Groceries € 317 $ 361
Eating out € 80 $ 91
Total € 397 $ 452
Previous Month € 425 $ 493

Housing & Utilities

5 weeks at The Roof in Gran Canaria € 850 $ 967
6 nights at Vietnam resort 6 € 357 $ 395
5 nights at Malaga Airbnb (second payment) 7 € 122 $ 139
Total € 1,319
$ 1,501
Previous Month € 791 $ 918

Health Care

Chiropractor 8 € 35 $ 40
SafetyWing travel insurance 9 € 32 $ 36
Total € 67 $ 76
Previous Month € 31 $ 36

Travel & Transport

Flights: Chiang Mai (CNX) to Phu Quoc (PQC) 10 € 171 $ 195
Taxis in Gran Canaria € 53 $ 60
Processing fee for speeding ticket in Gran Canaria 11 € 45 $ 51
3 day car rental in Gran Canaria 12 € 37 $ 42
Las Palmas city bike share 13 € 27 $ 31
Fuel (Gran Canaria rental car) € 20 $ 23
Total € 353 $ 402
Previous Month € 230 $ 267

Business Expenses

Outsourcing 14 € 489 $ 556
5 weeks coworking at CoworkingC in Gran Canaria € 198 $ 225
Facebook ads 15 € 79 $ 90
George Kao course 16 € 53 $ 60
PayPal fees € 27 $ 31
Clip on microphone € 20 $ 23
SmarterQueue 17 € 19 $ 22
Hama Star 5 Tripod 18 € 17 $ 19
Phone credit € 15 $ 17
Dreamhost domain renewals € 12 $ 14
123rf image credits € 11 $ 13
Hama Phone Holder 19 € 9 $ 10
Virtual Post Mail 20 € 9 $ 10
Patreon fees 21 € 9 $ 10
Amazon Web Services (storage) 22 € 1 $ 1
ActiveCampaign mailing list software 23 € 0 $ 0
Google Drive storage (1TB) 24 € 0 $ 0
Dreamhost web hosting 25 € 0 $ 0
Elegant Themes 26 € 0 $ 0
Teamwork project management software 27 € 0 $ 0
MemberMouse 28 € 0 $ 0
Total € 968
$ 1,102
Previous Month € 1,550 $ 1,798

Gifts & Donations

Flowers € 22 $ 25
Effective Altruism Fund 29 € 9 $ 10
Monthly Love & Courage podcast donation 30 € 5 $ 6
Patreon: The Blindboy Podcast 31 € 3 $ 3
Gifted Amazon movie rental € 3 $ 3
Patreon: The Waking Up podcast 32 € 2 $ 2
Total € 44
$ 50
Previous Month € 68 $ 79

Books 33

12 Rules For Life 34 € 12 $ 14
My Morning Routine ***** € 10 $ 12
My Sister’s Grave *** € 2 $ 2
Total € 24
$ 28
Previous Month € 13 $ 15

Clothing

Underwear (6 pairs) € 30 $ 34
Socks (6 pairs) € 18 $ 20
Total € 48 $ 55
Previous Month € 0 $ 0

Miscellaneous Expenses

Coffee machine fix 35 € 50 $ 57
Rooftop party in Gran Canaria 36 € 40 $ 46
Toiletries € 23 $ 26
La Punta Yacht Club entry 37 € 15 $ 17
Netflix subscription € 11 $ 13
Monthly banking fees (Hong Kong bank) 38 € 8 $ 9
Stamps € 4 $ 5
Laundry € 3 $ 3
Monthly banking fee (Dutch bank) € 2 $ 2
Total € 156
$ 178
Previous Month € 115 $ 134

Expense Summary

Business Expenses € 968 $ 1,102
Travel & Transport € 353 $ 402
Food & Drink € 397 $ 452
Housing & Utilities € 1,319 $ 1,501
Miscellaneous Expenses € 156 $ 178
Gifts & Donations € 44 $ 50
Health Care € 67 $ 76
Books € 24 $ 28
Clothing € 48 $ 55
Total Expenses € 3,376
$ 3,842
Previous Month € 3,223 $ 3,740

I was aiming to keep everything under €2,500 for the month. Missed the mark, by a good bit.

Biggest Regret?

Nothing major that I regret from last month, though I’ll need to look at the outsourcing expense since I’m shutting down my course.

2018 So Far

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

January € 2,466 $ 3,070
February € 4,384 $ 5,346
March € 908 $ 1,107
April € 3,594 $ 4,337
May € 1,085 $ 1,266
June € 1,886 $ 2,204
June € 1,197 $ 1,398
August € 3,825 $ 4,440
September € 919 $ 1,066
October € 164 $ 187
Total € 882 $ 853

Where That Leaves Me

I had €13,186 / $15,303 to my name at the end of September.

Taking into account all my October 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 €12,148 / $13,823. 39

Outlook For November

It’s the 11th already as I’m writing this and so far I’ve pulled in about €2,200 and spent €1,200.

Living in Chiang Mai should be cheap enough, though I still have to pay a month’s rent here and a rental deposit. May also book a bit of travel for the coming months.

Income-wise, I’m guessing Freedom Business Builder will sell a bit better than usual since I’m shutting it down at the end of the month.

Overall I’m thinking €3,500 income, and probably €3,000 expenses.

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.