On 1/3/2021 at 7:50 PM, carrotman2323 said:He is still making a movie right? mentioned it in the chat but yea i get that mind set its rough
Yes, don't even worry about that. Everything ELSE would be at risk before the movie would be. I'd be making the movie even if I didn't have a Youtube career.
21 hours ago, RandomGuy said:According to your donations record, you had $39,000 in donations in 2020, and per your SocialBlade, ~$15,000 in YouTube money assuming a $2 CPM and a 45% cut for the website. $54,000 is over four times the gross median income in Poland. It's equivalent to a low six figure income in the United States when Poland's PPP conversion factor is applied. You also appear to live mostly off of canned beans and $10 games in what I presume is a 1 bedroom apartment.
I'm a bit confused as how you're only set for the next few months.
Accounting is basically my least favorite topic in the world, so here are some quick adjustments:
-I'm set for more than a few months, but I have an ongoing concern the longer a lull there is, the harder it would be for me to bounce BACK after a few months with low output. Think of it like going uphill on ice. If you're moving forward, you're fine. If you're slowing down too much, you're in trouble. Seeing my income cut in half TWICE on Youtube in the span of a couple months has definitely left an impression, plus I've heard lots of stories of people not being able to bounce back if they slow down for a while, though I probably have more resilience for that sort of thing. It's like playing a game in hardcore mode; you can be more cautious than you need to, since you don't know exactly how close you can cut it.
-It's only this year that number has been so high, and even then, it scaled more towards the end of year as I was crunching. In other words, if I work non-stop, things tend to be great financially. If I slow down, it can make me concerned. There hasn't been a lot of in-between!
-The $2 CPM is also very recent and can vary a lot, for most past years it's been more like $1, but it's definitely been higher this year. I still operate with a "Youtube giveth, Youtube taketh away" mentality and don't assume the higher CPM is permanent.
-I support my wife in addition to myself, she hasn't been able to work for a while now due to her anxieties.
-We have a 3 bedroom apartment actually since I work from home. One room for me, one for her, and a bedroom. Rental prices went through the roof in the past couple years, we're talking 20-30% increases year after year prior to the pandemic, it's been insane. It's still coming out cheaper than USA due to food prices and healthcare coverage, but there are less popular cities in USA that have about the same rent as I do. I don't know how the hell Polish people make it on average wages. Finding a place with enough noise isolation for recording can be hell too, I got very lucky with this place, even if it is above average pricing compared to the past.