Tracking My Finances In 2011: March Week 3
I have decided to post my weekly spending for the previous week on Fridays so you know how my cash has been flowing for the week. Please note that I get paid on the last day of the month so my cash flow net effect will usually be negative until the last day of the month.
This does not mean that I am adding to my debt, it just means that the money coming in is less than the money going out because bills are due starting on the first but I don’t get paid until the last day.
So again to clarify (since I get so many questions), this shows the cash FLOW for the month. On Day 2 of every month I will have a negative FLOW because I have paid rent etc so money has LEFT my checking account. I have not had any money come in on Day 2 of the current month since I got paid on day 27 or 30 or 31 of the previous month so that income is counted for LAST month.
Income for the month to date: $108.11
Expenses for the month to date: $1914.99
Net effect: -$1806.88
Since the last posting I spent $100.42 on the ninja medical bills that came back to haunt me from a month ago. I really hate when you keep getting adjusted bills from the insurance company long after you have had some procedure but at least this one came about a month later and not seven months like I have seen in the past.
I paid $120 for a test that I need as certification in order to advance my career and I will be taking the test during the summer so that I will be less stressed out about it.
Income for the week was a $10 gift card from my insurance and $2.40 from Lending Club repayments.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!