These are my online business finances for October 2022.
I spent the entire month 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 | € 16,159 | $ 15,969 |
| Total Business Expenses | € 4,091 | $ 4,043 |
| Profit | € 12,067 | $ 11,926 |
🤑 INCOME
| Affiliate income (see below) | € 15,993 | $ 15,805 |
| Patreon 1 | € 166 | $ 164 |
| Tip Jar 2 | € 0 | $ 0 |
| Book sales (via Amazon) | € 0 | $ 0 |
| Total Income | € 16,159 |
$ 15,969 |
| Previous Month | € 18,403 | $ 18,013 |
I was expecting my income to be around $15k for the month. Did a bit better than that.
👍 Affiliate Income
Affiliate payments in October came from…
(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…
💸 EXPENSES
🤝 Hired Help
| Hired Help 3 | € 1,951 | $ 1,928 |
| Previous Month | € 3,600 | $ 3,523 |
📆 Subscriptions
| Cloudflare Pro Plan (monthly) 4 | € 20 | $ 20 |
| Virtual Post Mail (monthly) 5 | € 15 | $ 15 |
| Adobe Photoshop (monthly) | € 12 | $ 12 |
| YouTube Premium (monthly) 6 | € 12 | $ 12 |
| Copycall (monthly) 7 | € 8 | $ 8 |
| AAWP (annual) 8 | € 0 | $ 0 |
| Ahrefs (annual) 9 | € 0 | $ 0 |
| BerryCast 10 | € 0 | $ 0 |
| Candidate Checker (lifetime) | € 0 | $ 0 |
| ClickUp (annual) 11 | € 0 | $ 0 |
| ConvertBox 12 | € 0 | $ 0 |
| Dynamite Circle (annual) 13 | € 0 | $ 0 |
| EasyCron (annual) | € 0 | $ 0 |
| ExpressVPN (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 |
| Sniply (lifetime deal) | € 0 | $ 0 |
| SocialBee 20 | € 0 | $ 0 |
| SOUNDRAW 21 | € 0 | $ 0 |
| Surfer (annual) 22 | € 0 | $ 0 |
| Teamwork (annual) 23 | € 0 | $ 0 |
| Trends (annual) 24 | € 0 | $ 0 |
| Zoom (annual) 25 | € 0 | $ 0 |
| Total | € 68 | $ 67 |
| Previous Month | € 69 | $ 68 |
🤓 Hosting & Domains
| Dreamhost 26 | € 18 | $ 18 |
| Kinsta (annual) 27 | € 0 | $ 0 |
| Total | € 18 | $ 18 |
| Previous Month | € 37 | $ 36 |
📚 Books
| Total | € 0 | $ 0 |
| Previous Month | € 0 | $ 0 |
- See my book ratings and everything I’m currently reading over at Goodreads
🏦 Transaction Fees
| Transaction fees 28 | € 594 | $ 587 |
| Previous Month | € 672 | $ 658 |
💻 Office Expenses
| FlexiSpot desk | € 476 | $ 471 |
| Stationary | € 34 | $ 33 |
| Total | € 510 | $ 504 |
| Previous Month | € 492 | $ 482 |
📋 Admin Expenses
| Total | € 0 | $ 0 |
| Previous Month | € 0 | $ 0 |
🎁 Gifts & Donations
| CAMFED 29 | € 460 | $ 455 |
| Student reviews giveaway winner | € 101 | $ 100 |
| Total | € 562 | $ 555 |
| Previous Month | € 102 | $ 100 |
🤷♂️ Miscellaneous Expenses
| Blog by Number (review) | € 149 | $ 147 |
| Freelance Writing Essentials | € 93 | $ 92 |
| Writers Work (review) | € 48 | $ 47 |
| Freelance Writers Den (review) | € 41 | $ 40 |
| Launch You / Modern Wealthy (review) | € 37 | $ 37 |
| Amazon Web Services (storage) 30 | € 22 | $ 22 |
| Total | € 389 | $ 385 |
| Previous Month | € 171 | $ 168 |
💸 Expense Summary
| Hired Help | € 1,951 | $ 1,928 |
| Transaction Fees | € 594 | $ 587 |
| Gifts & Donations | € 562 | $ 555 |
| Office Expenses | € 510 | $ 504 |
| Miscellaneous | € 389 | $ 385 |
| Subscriptions | € 68 | $ 67 |
| Hosting & Domains | € 18 | $ 18 |
| Admin Expenses | € 0 | $ 0 |
| Books | € 0 | $ 0 |
| Total Expenses | € 4,091 |
$ 4,043 |
| Previous Month | € 5,144 | $ 5,035 |
I was expecting to spend about $6,000 overall, but I ended up holding off on some home office expenses.
😢 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 |
| May | € 11,682 | $ 12,537 |
| June | € 11,742 | $ 12,273 |
| July | € 12,116 | $ 12,391 |
| August | € 14,694 | $ 14,792 |
| September | € 13,259 | $ 12,978 |
| October | € 12,067 | $ 11,926 |
| Total | € 108,036 | $ 112,703 |
🔮 Outlook For November
Expenses could be as high as $8000, not sure yet.
Income should be about $15,000.
📲 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.
