How much money I spend as a content creator SPOILER: It isn't cheap! | Content creator tips

1. Discussing Business Expenses Transparency as a Content Creator
2. Diving into Monthly Business Expenses
3. Exploring Reoccurring Expenses
4. Analyzing Ad-Hoc and One-Off Expenses
5. Calculating Total Monthly Business Expenses
6. Sharing Expense Management Tips
7. FAQ

Discussing Business Expenses Transparency as a Content Creator

Hi guys, welcome back to my channel. My name is Jade. I create content to help you grow your online presence, multiply your streams of income, and build profitable businesses. Today's video is one of those exposing videos where I feel a little bit awkward doing them, but I also know that people like to watch them. So I just push through and do it anyway.

Diving into Monthly Business Expenses

So, today's video is about money - specifically, how much money I spend as a content creator and as a business owner. I have spoken about how much money my business makes. I will link to one of those videos up here. But I think it's really important for us business owners to be transparent when it comes to how much money we spend because unfortunately, we do not get to pocket all of the money that we earn on a monthly basis.

Exploring Reoccurring Expenses

Right. So I've got my laptop, got my spreadsheet up. I'm going to run through my spreadsheet and my notes and I'm going to give you estimates of how much money I spend every month and what I spend that money on. There's a few things I need to caveat here. The first thing is that these are my business expenses. These aren't my personal expenses. So I do spend even more money than the amount that I'm going to tell you, but that's on personal things like dinners and stuff like that.

Analyzing Ad-Hoc and One-Off Expenses

Okay, so let's talk about the kind of ad-hoc one-off expenses that I don't make on a monthly basis, but they still have to be discussed because they can be pretty spendy. And I do make - I say I don't make these on a monthly basis, like I don't buy the same things on a monthly basis, but every single month I do end up making some kind of ad-hoc purchase. So, I'm going to talk about a couple of the ad-hoc one-off expenses that I've made within the past three months just so that you can get a good idea of what I'm referring to here.

Calculating Total Monthly Business Expenses

Well, if we work off of the estimates that I've just given you, another reminder that these are definitely estimates and this total completely changes every single month. It's just the nature of online business. But if we work off of those estimates, we're looking at between zero to 1,000 pounds every single month spent on ad-hoc purchases and expenses. So not purchases or expenses that I have to pay every single month, just things that sometimes pop up like software and equipment.

Sharing Expense Management Tips

There's a few things that I do which really help me, and as far as I'm aware, it really helps my accountant as well. I've not had any complaints, so I'm going to share with you some of my tips and tricks for managing my expenses in the hopes that maybe it will help you too.

FAQ

Q: What is the topic of the first video?
A: Discussing Business Expenses Transparency as a Content Creator
Q: Who is the content creator in the first video?
A: Jade
Q: What is the topic of the second video?
A: Diving into Monthly Business Expenses
Q: What is the content creator emphasizing in the second video?
A: Importance of transparency in revealing monthly business expenses
Q: What does the content creator mention as the focus of the expenses in the third video?
A: Reoccurring business expenses
Q: Are the expenses discussed in the third video personal or business-related?
A: Business-related
Q: What type of expenses does the fourth video talk about?
A: Ad-hoc and One-Off expenses
Q: Are ad-hoc expenses mentioned in the fourth video recurring every month?
A: No, they are not recurring every month
Q: What is the estimated range of monthly ad-hoc expenses mentioned in the fifth video?
A: Between zero to 1,000 pounds
Q: What does the content creator offer in the last video?
A: Expense management tips