David Irving Finances - Second Half 2022

This page tracks David Irving's financial situation from May through December 2022, based on bank balance checks and financial transactions recorded in his daily diary.

Bank Account Balances

Bank of America Account #1

• 2022-05-13: $45.14 (transferred $1000 from #2)
• 2022-05-19: $768.00
• 2022-05-20: $38.61 (transferred $1000 from #2)
• 2022-05-23: $367.34
• 2022-05-30: $1,032.1
• 2022-06-09: $463.25
• 2022-06-10: $429.89
• 2022-06-13: $1,005.80
• 2022-06-14: $466.09
• 2022-06-20: $207.18
• 2022-06-21: $171.42 (transferred $600 from #2)
• 2022-06-23: $1,086.22
• 2022-07-01: $463.25

Bank of America Account #2

• 2022-05-13: $6,230.80
• 2022-05-19: $3,021.40
• 2022-05-20: $5,431.00
• 2022-05-23: $4,969.60
• 2022-05-30: $4,713.90
• 2022-06-09: $6,930.01
• 2022-06-10: $4,640.80
• 2022-06-13: $4,713.90
• 2022-06-14: $5,406.80
• 2022-06-20: $5,745.87
• 2022-06-21: $6,172.63
• 2022-06-23: $8,496.01
• 2022-07-01: $6,360.32

Credit Card Balances

• Generally maintained near zero through regular payments
• Occasional balances of $82.57 - $1,132.97 quickly paid off

Major Expenses

Storage Costs

• Big Yellow Slough: Moved from £142/week to £49/week unit (2022-05-22)
• Swedish shipping controversy: Pallets held at Leman shipping, £595 return cost quoted

Printing Costs

• Biddles printing: £8,322 + £1,100 shipping for 200 HW specials (2022-05-10)
• Final Biddles payment: £5,725.00 due July 5, 2022 (invoice INV-9071)

Living Expenses

• Rent: Half-annual payment due mid-July 2022, described as major financial pressure
• Dental work: Significant costs for private dental treatment
• General inflation: Frequent mentions of rising costs affecting daily expenses

Revenue Sources

Book Sales

Daily sales figures tracked as "Net X $XXX.XX" format:

Sample Daily Totals (May-July 2022)

• 2022-05-04: Net 2 $152.00
• 2022-05-05: Net 1 $111.50
• 2022-05-06: Net 2 $284.50
• 2022-05-07: Net 5 $596.70
• 2022-05-08: Net 6 $830.50
• 2022-05-26: Net 8 $428.00 (large special orders)
• 2022-06-11: Net 2 $946.50 (Heath Hamm $810 order)
• 2022-06-12: Net 4 $565.00
• 2022-06-20: Net 1 $180.00
• 2022-07-02: Net 2 $169.60

Notable Large Orders

• Heath Hamm, Boca Raton: $810.00 book collection (2022-06-11)
• Special Hitler's War editions: $180 each, limited stock
• Regular orders: Typically $40-120 per order

Payment Processing

• iTransact/Payroc fees: "Nearing 6%" per transaction vs. originally quoted 3.5%
• Dispute costs: $382.75 in chargebacks January-June 2022

Donations

• Ingeborg Sarich: $300 donation (2022-06-30)
• Hugo Haig-Thomas: £285 (£85 for books + £200 donation) (2022-06-14)

Financial Pressures

Recurring Concerns

• Rent payments: Major stress point, especially half-annual payments
• Cash flow: Frequent references to "cash running very low"
• Inflation impact: Rising costs for food, utilities, and services
• Currency exchange: Managing USD/GBP transactions

Crisis Points

• May 2022: Adobe software issues requiring time away from income-generating work
• June 2022: Swedish archive costs and storage reorganization
• July 2022: Major rent payment due while cash reserves low

Money Management Strategies

Inter-account Transfers

• Regular transfers between BoA accounts to maintain liquidity
• Transfers to daughters: $2,000 to Beatrice (AUD 2,735.60) on 2022-05-23

Cost-cutting Measures

• Moved to cheaper storage unit to save ~£93/week
• Postponed major expenses when possible
• Negotiated payment schedules with suppliers

International Payments

• Regular payments to Bente: £300 cash (2022-06-09)
• Support for daughters in Australia and elsewhere
• Currency conversion considerations for USD/GBP transactions

Payment Processing Issues

iTransact/Payroc Problems

• Unresponsive to multiple letters about fee structure
• PCI compliance requirements creating additional bureaucratic burden
• Fee increase from 3.5% to nearly 6% without proper notification
• Considering switching to UK-based processor (Barclays)

Economic Context

Irving frequently commented on broader economic conditions:

• Biden administration impact on economy
• UK inflation following Ukraine conflict
• Post-pandemic disruption to travel and business
• Supply chain issues affecting various services

Financial Strategy

Irving's approach appeared focused on: 1. Maintaining cash flow through daily book sales 2. Managing major expenses (rent, printing) around income cycles 3. Preserving capital while funding ongoing research and writing 4. Supporting family members while maintaining independence