September 2017 Finance Report

Everything I earned and spent in Tenerife, Ireland and Gran Canaria

Hola from Gran Canaria!

Here be all my finances for September.

I started off the month in Tenerife, had to take a quick trip home to Ireland for a funeral, and finished out the month in Las Palmas de Gran Canaria.


September 2017 income graph


Total Income€ 2,089
$ 2,468
Total Expenses€ 3,220
$ 3,805
Profit/Loss€ 1,131
$ 1,337
Note: there are a bunch of affiliate links on this page. That means if you click through to another website and buy something from there, I will probably get a commission, but you won’t be charged anything extra (actually you’ll often get a discount). These kickbacks help justify all the time I spend putting these monthly reports together.
3M1K 1€ 1,299$ 1535
Cash gift 2€ 500$ 591
Coaching / Consulting 3€ 208$ 246
GoSub affiliate payment 4€ 38$ 45
Taxi service 5€ 20$ 24
Cheap Flight Checklist 6€ 12$ 14
Book sales (via Amazon) 7€ 12$ 14
Total Income€ 2,089
$ 2,468
Last Month€ 3,287$ 3,921

That’s the lowest I’ve pulled in in a single month this year. I predicted no more than $2000 and the gifts helped push me over that mark.

One notable absence above is any payment for freelance work. I actually billed about $1,300 there at the end of the month but none of the payments came through before October hit.


September 2017 expenses graph

Food & Drink

Eating out€ 157$ 186
Groceries€ 237$ 280
8 Total
€ 394
Last Month€ 374$ 446

Housing & Utilities

1 month at shared apartment in Las Palmas 9€ 553$ 653
3 nights at apartment in Puerto de la Cruz 10€ 147$ 174
Total€ 700
$ 827
Last Month€ 599$ 714

Health Care

IMG Global Health Insurance 11
€ 0$ 0
Total€ 0
$ 0
Last Month€ 0$ 0

Travel & Transport

Flights: Tenerife (TFN) to Lanzarote (ACE) round trip 12€ 223$ 263
Parking fine in Puerto de la Cruz 13€ 199$ 235
Flights: Lanzarote (ACE) to Cork (ORK) 14€ 198$ 234
Rental cars in Tenerife (12 days total) 15€ 158$ 187
Fuel for rental cars€ 76$ 90
Cable car to the top of Mount Teide (2 tickets; round trip)€ 54$ 64
2-day car rental in Gran Canaria 16€ 19$ 22
Parking€ 7$ 8
Bus: Puerto de la Cruz to Tenerife North Airport (TFN)€ 6$ 6
Buses in Gran Canaria€ 5$ 6
Total € 944
$ 1,116
Last Month€ 768$ 916

Business Expenses

Outsourcing 17€ 392$ 463
Chase Sapphire Reserve credit card annual fee 18€ 381$ 450
1 month coworking in Las Palmas 19€ 169$ 200
PayPal fees 20€ 46$ 54 21€ 29$ 34
BuzzStream 22€ 20$ 24
Virtual Post Mail 23€ 17$ 20
Phone credit 24€ 12$ 14
Buffer 25€ 9$ 10
Currency exchange fees 26€ 7$ 8
Amazon Web Services (storage) 27€ 2$ 3
Gumroad fees 28€ 2$ 2
ActiveCampaign mailing list software29€ 0$ 0
Dreamhost 30€ 0$ 0
Elegant Themes subscription 31€ 0$ 0
Google Drive storage (1TB) 32€ 0$ 0
MemberMouse 33€ 0$ 0
Teamwork project management software 34€ 0$ 0
Total€ 1,085
$ 1,283
Last Month€ 593$ 707

Gifts & Donations

Flowers 35€ 26$ 31
Monthly Love & Courage podcast donation 36€ 5$ 6
Waking Up podcast donation 37€ 4$ 5
Total€ 35
$ 41
Last Month€ 120$ 143

Books 38

Pre-Suasion 39 ****€ 11$ 13
A Book Of Bees 40 ****€ 0$ 0
DotCom Secrets 41€ 0$ 0
The Late Show 42 ****€ 0$ 0
Waking Up 43€ 0$ 0
Total€ 11
$ 13
Last Month€ 7$ 8


Total€ 0
$ 0
Last Month€ 0$ 0

Miscellaneous Expenses

Beach towel€ 10$ 12
Netflix subscription€ 10$ 12
Toiletries€ 9$ 11
Beach lounger rental at Las Teresitas in Tenerife€ 8$ 9
Quarterly banking fee (Irish bank)€ 7$ 8
Siam Park locker rental€ 3$ 4
3 tennis balls 44€ 2$ 3
Monthly banking fee (Dutch bank)€ 1$ 2
Total€ 50
$ 59
Last Month€ 57$ 68

Expense Summary

Business Expenses€ 1,085$ 1,283
Travel & Transport€ 944$ 1,116
Housing & Utilities€ 700$ 827
Food & Drink€ 394$ 466
Miscellaneous Expenses€ 50$ 59
Gifts & Donations€ 35$ 41
Books€ 11$ 13
Clothing€ 0$ 0
Health Care€ 0$ 0
Total Expenses€ 3,220
$ 3,805
Last Month€ 2,518$ 3,003

I predicted €2000 for September expenses so I was way off. I forgot that the annual fee for my credit card was coming up, and I unexpectedly had to fly back to Ireland and pay that €200 parking fine.

Biggest Regret?

My only regret was the €200 parking fine. That sucked.

It was 10pm on a Friday night and I was driving around Puerto de la Cruz for twenty minutes trying to find a space. In the end I decided to park on a big wide footpath outside our apartment. When I got up the next morning at 7:45am to move the car, it was gone. Apparently someone had reported it parked illegally and it got towed.

€120 to rent the car for 11 days. €200 for leaving it parked illegally overnight :-/

Year To Date

Here’s how I’m doing so far in 2017 in terms of profit and loss:

January€ 668$ 720
February€ 724$ 763
March€ 2,704$ 2,881
April€ 1,023$ 1,114
May€ 10$ 11
June€ 1,755$ 2,006
July€ 166$ 196
August€ 769$ 918
September€ 1,131$ 1,337
Total€ 408$ 344

Where That Leaves Me

I had €10,308/$12,295 to my name at the end of August.

Taking into account all my September 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 €9,316/$11,007. 45

Outlook For October

I have about $1,300 due from freelance projects, so that will help the income side of things. As usual though, I’m not sure what to expect with 3M1K. Could bring in $500 from that, or $5000. Hard to predict.

I’ll estimate $2000 income on the low-end and $3000 on the high.

As for expenses, I don’t have any travel planned for October, so that will help keep it low. I will have to pay to extend my stay in Las Palmas and I might arrange a trip to Moscow for November, but no other major expenses expected.

I’ll try keep everything under €2000 and see how it goes.

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.


  1. This is my course that teaches people how to start an online freelance business.
  2. This was a very generous gift from my parents to help cover the expense of flying home on short notice for my grandmother’s funeral.
  3. 3 different clients, all related to online business building.
  4. GoSub is a course that teaches people how to become remote subtitlers for companies like Netflix. The affiliate payment came via this interview  on my site.
  5. I gave a friend a lift to the airport in Tenerife and he insisted on giving me €20.
  6. This is a short guide I released earlier this year. I produced it with a friend so I only receive part of the profits.
  7. I currently have two books for sale on Amazon:

  8. Under €400 is what I usually aim for. I tend to eat most meals at home which helps keep the cost down.
  9. This is The Roof, via CoworkingC.
  10. Found this place on Airbnb. Use this link to sign up and you’ll get $37 off your first Airbnb booking.
  11. I paid for 12 months up front back in May, but listing it here each month so you don’t have to ask :-) Works out to $109/month and covers me everywhere in the world.
  12. This was expensive as I booked it last minute to fly home for my grandmother’s funeral.
  13. Left a rental car parked on the sidewalk overnight. Next morning it was gone. Had to go to the impound and pay this hefty fine to get it back.
  14. Second leg of the journey home for my grandmother’s funeral.
  15. Booked through
  16. Booked direct with Orlando Rent A Car
  17. I have an assistant helping me with 3M1K and I also hire some other freelancers every now and then to help me out with various projects.
  18. Seems steep but this card scored me almost $2000-worth of free flights in the past 12 months, plus premium lounge access in dozens of airports. Totally worth it.
  19. This is at CoworkingC, though their coliving space (The Roof) is so nice that I usually work from there instead.
  20. Mostly on 3M1K payments.
  21. Using this for my outreach and link building efforts, finding email addresses of people who may be interested in the content I create.
  22. Started using this to help with outreach and link building for
  23. This service allows me to receive old-fashioned mail in the USA without having a physical address there. They scan any mail received and email it to me, and can also forward along any important documents to another address I specify.
  24. I use the Orange Go Europe SIM card, which allows me to use the same card for calls and data everywhere in Europe.
  25. Myself and my VA’s use this to queue and schedule social media posts.
  26. Some freelance clients pay me via TransferWise and I lose a bit in the transfer. Still way better than PayPal though.
  27. I use this for hosting podcast episodes, among other things.
  28. I use Gumroad to process payments for The Cargo Ship Diaries, the Cheap Flight Checklist and The Rabble Rouser’s Guide To Travel.
  29. I paid a year up-front for this back in February, $419 total.
  30. I use Dreamhost for all my domain registrations and web hosting. Use my link and you’ll get $25 off shared hosting over there and I’ll even help you get set up :-)
  31. I use this for updates to the Divi WordPress theme that powers this website and I paid for a year in March, cost $69.
  32. Remote storage so i can keep a bunch of stuff backed up in the cloud. I paid for a year in advance back in July, worked out to $100.
  33. This powers my membership site. I paid for a year up-front in January, $215 total.
  34. I use this to manage my freelance and personal projects. Handy for communicating with clients and contractors and keeping everything organized. I paid for a year up-front in January, $259 total.
  35. I gets fierce romantic sometimes.
  36. Recurring donation to show support for one of my favorite Irish people and his new podcast. We need more people like Ruairi getting their voices heard.
  37. Via Patreon, I donate $1 per episode of this podcast because I reckon it does a lot of good in the world and we need more like it.
  38. You can see all my book recommendations and what I’m currently reading over on Goodreads.
  39. This was our September pick for 3M1K book club.
  40. Got it for free through Amazon affiliate credit.
  41. Got it for free through Amazon affiliate credit. Haven’t read much of it yet.
  42. Got it for free through Amazon affiliate credit.
  43. Got it for free through Amazon affiliate credit. Haven’t read much of it yet.
  44. So I can do some of the movement exercises seen in this brilliant Ido Portal documentary.
  45. Note that these totals are never quite right and don’t really align with my profit/loss numbers each month. That’s because of the different currencies and money constantly moving around between my accounts, plus I have some investments that can make or lose money in any given month. But I couldn’t be arsed figuring it all out perfectly and the above figures are close enough so let’s roll with them.

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