I did this 2 years ago for a magazine article.
I had to track the money spent, any money made, the hours I spent ironing, washing, cutting, sewing, shopping, etc.
it was more than shocking...it was a JOB that paid in reverse!
In that one year I spent $28,752 on craft/quilting related items. I made $3,153 selling some blocks, tops and patterns I would not use. I spent roughly 3,689 hours in the sewing room or shopping for items!