How Much Money I Spend as a YouTuber (2021) | Summary and Q&A

308.5K views
December 24, 2021
by
Ali Abdaal
YouTube video player
How Much Money I Spend as a YouTuber (2021)

TL;DR

The content provides a detailed breakdown of personal and business expenses in 2021, covering categories such as rent, food, tech purchases, subscriptions, and more.

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Key Insights

  • 😨 Personal expenses were mainly categorized into rent, food, tech purchases, books, clothes, personal care, homeware, and a gifted car.
  • 👨‍💼 Business expenses encompassed salaries, course expenses, workspace costs, food, equipment and supplies, software subscriptions, coaching, business travel, and taxes and fees.
  • 🈷️ The monthly average for personal expenses was $7,455, while the monthly average for business expenses was $126,110.
  • 🎮 The video highlights the importance of transparency and provides a detailed breakdown of various expenditure categories.
  • 👨‍💼 The content emphasizes the value of investments and strategic outsourcing in improving quality of life and business operations.
  • 🫵 Personal and business expenses are discussed separately, giving viewers insights into how expenses are managed in both aspects.
  • 🫵 The video prompts viewers to consider their own personal and business expenses, providing relatable examples and discussing the concept of return on investment.

Transcript

all right so honestly i'm not sure if this video is going to be useful to anyone but in this video i'm going to be talking about all of the money that i spent in 2021 both personally but also in terms of the business i have done a video that you might have seen linked here and over there about how much money i made in 2021 the total figure on that ... Read More

Questions & Answers

Q: What were the main personal expenses in 2021?

The main personal expenses in 2021 included rent, food (takeaways and restaurants), tech purchases (Alienware gaming pc, massage gun, smart light bulbs), books, clothes, personal care products, and homeware.

Q: How much did the personal expenses total for the year?

The personal expenses for the year totaled $89,462, with a monthly average of $7,455.

Q: What were the major business expenses in 2021?

The major business expenses in 2021 consisted of salaries, course expenses (Part-Time YouTuber Academy), workspace costs (studio and co-working space), food, equipment and supplies (tech purchases), software subscriptions, coaching, business travel, and taxes and fees.

Q: How much did the business expenses amount to for the year?

The business expenses amounted to $1.5 million for the year, with a monthly average of $126,110.

Summary & Key Takeaways

  • The video discusses personal expenses, including rent, food, tech purchases, books, clothes, personal care, homeware, and a gifted car.

  • The content then delves into business expenses, including salaries, course expenses, workspace costs, food, equipment, software subscriptions, coaching, business travel, taxes, and fees.

  • The overall personal expenses for the year amount to $89,462, with a monthly average of $7,455. The business expenses tally up to $1.5 million for the year, with a monthly average of $126,110.

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