Ask HN: How much do you spend on your side project
I mean for side projects that's not making any profit. I'm setting a budget of $800/year, including hosting cost like heroku, domain name purchase, etc.
If you have multiple projects, can you please say the average and max cost.
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Hmm... hosting costs are around $150.00 / month. Github account is $50.00 / month. Hoovers subscription is $100 / month or so. Co-working at American Underground @ Main is $200 / month. Domain names are probably $100.00 / year counting the occasional purchase of some speculative new domain.
So, whatever all that adds up to. We don't have any customer revenue yet, so I sustain things out of my "day job" salary.
I'm currently spending about £50 on server costs and an average of £200 on advertising, which will end soon as I'm switching to other methods.
I also spend money on designers and developers. Even for a side project, there are places I don't have time / skills to go to :) and I rely on external -paid- help.
All of mine are profitable or have been stopped.
Couple websites net ~$1000 adsense a year, after $8/mo hosting costs.
Smart mirror raised $4k (lol) seed from university accelerator.
Personal website somehow got a random donation that payed for hosting.
I don't look at projects in terms of profit, I look at them in terms of interest and thus motivation, learning potential, and possibly maybe way down the line something like profit. The most valuable input is always time, money is pretty much irrelevant.
Domain costs, now a day I use github pages for hosting so I usually don't have to pay for hosting the domain. A subscription for Photoshop. Sometimes I pay for other software. Might have to start paying for IntelliJ soon.