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Monthly Financial Check Up: May 2011

June 1, 2011 by Lulu in Finances with 4 Comments
Monthly Financial Check Up: May 2011


May was a welcome relief to my cash flow after the madness of my April Financial Checkup and I was able to come out $605.24  in the black!!!! I still have a lot to do to make up for the massive shortfall last month but I am sure that I will be able to make it up by spending less over the summer, even with taking some time off to do fun things.

Areas where I remained under budget are

-Home

-Utilities

-Car

Areas where I went over budget are

-Entertainment

-Medical

-Shopping

As always even though I went over in some areas and remained under in some other areas I was able to bring in more income than my expenses for the month. I got a total of $37.25 from my Lending Club investment, which meant that I was able to fund another new loan based on the repayments that I have received from people I lent money to.

I did not buy the newspapers this month but still managed to redeem $5 in coupons for a net gain of $5 and along with some miscellaneous income from advertising this was put into the snowflake accounts in ING to bolster my savings.

 


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4 Comments

  1. Online OpportunitiesJune 1, 2011 at 10:29 amReply

    You did well this month, hope your savings will continue grow this year!

  2. Sourish @ Iphone 4 JailbreakJune 1, 2011 at 11:54 amReply

    may was my best month as far as generating revenue is concerned

  3. Laptop BriefcasesJune 2, 2011 at 12:56 pmReply

    It must be tough to always budget each individual expense category like that. I’ve never been very good at sticking to a budget. So instead of focusing on saving money, I focus more on trying to earn more money. I still am pretty cheap in some areas though.

  4. JasmineJune 3, 2011 at 4:00 amReply

    May was a good month for you! I am sure your revenue from your websites are great for the past month too? :)

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