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
-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.
You did well this month, hope your savings will continue grow this year!
may was my best month as far as generating revenue is concerned
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.
May was a good month for you! I am sure your revenue from your websites are great for the past month too? 🙂