I know this is a few days late but I have been crazy busy with classes and other things…not an excuse I know.
I managed to come out in the black to the tune of $580.68 for the month. This money has been put into the snowflake account to go towards debt in July so that I can move close to my goal of being debt free.
I bought one newspaper for coupons and redeemed $8 in coupons giving me a gain of $5 for the month in coupons and $49.01 for the year in coupons.
Total Income from Lending Club was $50.69, of which $25 was a referral so I made $25.69 income from people who repaid their loans. I decided to make a loan every month that I receive $25 so in July I will be making a new loan. Then I will continue to withdraw money on a weekly basis as it is repaid and if I have gotten at least $25 that month then I will make a new loan in the next month.
I spent $74.60 on gas for the month because I had to attend a few training sessions out of town for the month. This brought me over my gas budget for the month by $14.60 but this is balanced out by all the previous months where I did not even come close to spending my gas budget.
Total income from Prosper was $6.82 which is not bad as I am only looking to withdraw all my money from Prosper as my Lending Club investments are doing much better.
I received $6 from PineCone for doing surveys and those also went into the snowflake account. June was a pretty good month for cash flow and I am really throwing money into the debts this month and in upcoming months so that I can finally get to saving.
Good thing you still compensate all your debts on this month. Now, looking forward to your savings next month. Cheers!
Congrats on staying out of the red this month. Do you have a part time job while in school?
Ugh! I know school can get the best of us. That’s reason enough for me. I’m a student so I totally understand how hard it can be to manage two things at a time.
Good work so far. Will be good to see how your savings has gone.
The streams are likely to overcome your finances so far. I know you can do it, with just more effort you’ll sure be gaining from what you worked for. It seems that you’re going on the right path, keep it up!