2012 was my second full year being a self-employed vagabond, traveling around the world without flying while working from my laptop. I managed to visit ten countries during the year, starting in Budapest and ending up in Bangkok, all while tripling my income and only increasing expenses by fifty percent. Twas a good twelve months, ta-tee-ta-toe.
Regular visitors to Disrupting the Rabblement will know that I’ve been tracking all my income and expenditure since I quit my day job a couple of years back, and sharing detailed monthly finance reports with my email subscribers. Below I’ll share with you a summary of all my income and expenses from 2012.
2012 Expenses
Travel | € 5,049 | $ 6,657 |
Pubs, Coffee Shops, Restaurants, Take-aways | € 3,448 | $ 4,546 |
Housing and Utilities | € 3,386 | $ 4,464 |
Gifts and Donations | € 3,210 | $ 4,232 |
Business Expenses | € 2,471 | $ 3,258 |
Groceries | € 737 | $ 972 |
Books | € 384 | $ 506 |
Clothing | € 231 | $ 304 |
Miscellaneous | € 2,133 | $ 2,812 |
Total Expenses | € 21,049 | $ 27,751 |
Total Expenses in 2011: €13,691 / $17,517 (view my 2011 financial summary here).
2012 Income
Freelance web design | € 12,806 | $ 16,884 |
Sigma 6 project | € 5,956 | $ 7,853 |
$50 Blogs | € 2,529 | $ 3,334 |
Gifts and Donations | € 2,047 | $ 2,699 |
Affiliate Income | € 769 | $ 1,014 |
Google Adsense | € 361 | $ 476 |
A Course In Courage | € 322 | $ 425 |
Writing | € 231 | $ 304 |
Miscellaneous | € 248 | $ 327 |
Total Income | € 25,269 | $ 33,316 |
Total Income in 2011: €7,850 / $10,044 (view my 2011 financial summary here).
Other numbers of interest
Total cash and bank balances on January 1, 2012 | € 3,868 | $ 5,100 |
Total cash and bank balances on December 31, 2012 | € 8,633 | $ 11,382 |
Difference between those two numbers | € 4,765 | $ 6,282 |
Money spent per day in 2012 | € 57.69 | $ 76.03 |
Money earned per day in 2012 | € 69.23 | $ 91.28 |
Lowest earning month (April) | € 953 | $ 1,256 |
Highest earning month (November) | € 4,859 | $ 6,406 |
Most expensive month (September) | € 2,962 | $ 3,905 |
Least expensive month (May) | € 1,075 | $ 1,417 |