Income Statement January 2017

Income Statement January 2017

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.


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.


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.


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


Arnold is a Games Developer in the pursuit of happiness. Once reaching his goals managed to get lost on the blank canvas. Now he experiments on his life in a hope that one day he finds the right path to happiness. He talks about it at and @UndergroundHogs.

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