Income Statement January 2017
First of all, I wanted to welcome everyone to the new year. Income Statement January 2017 is a new head start and, hopefully, this year is going to be much brighter. It seems like a long time has passed since the last statement, which you can also find here. It’s going to be a great year, isn’t it? Let’s look at why.
Revenue
I have spent much more time Matched Betting this month, which actually increased my profits quite a bit. It’s always nice to earn some spare cash without pushing too much. I have mentioned previously that January is usually a dry month, but it was not like this for me, at least not this time. I have spent about 15 hours on matched betting and earned a total of £612.75. This comes down to £40.85 an hour. That’s a good hourly rate, though not a passive one. I have also invested my standard fake investment of £200 too. That’s where my revenue ends for this month, but calling it a dry one would not be fair.
Expenses
I have spent about 10 hours writing the post about Tenerife. It shows you how I traveled and how you can travel Tenerife cheaper and includes a free eBook with interesting places for you to visit. It’s very explanatory with all the places marked on the map, so you wouldn’t miss any. Give it a glance, it’s free after all. I also spent about 15 hours on matched betting, which I have already mentioned about in the revenue section.
Conclusion
Here you have it, my income statement January 2017. As you have seen it wasn’t a very dry month for me. It might have been due to the resolutions everyone talks about, or I was just hungry for something new. As I have mentioned, the main topic for January was the post about saving money whilst traveling Tenerife. The total balance for January is in the table below.
Subject | £ | $ |
---|---|---|
Conversion Rate | 1 | 1.26 |
Revenue | ——————— | ——————— |
Fake Investment | 200 | 252 |
Interest | 25 | 31.5 |
Matched Betting | 612.75 | 772.1 |
Total | 837.75 | 1055.6 |
Expenses | ——————— | ——————— |
Server | 10 | 12.20 |
Labor | 345 | 434.7 |
Total | (355) | (446.9) |
——————— | ——————— | |
Net Income | 482.75 | 608.7 |
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