Welcome to  tracking of income and expenses for the month. 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.

twentyIncome for the month to date: $6.09

Expenses for the month to date: $2108.02

Net effect: -$2101.93

Since the last posting I got $2.54 income from Lending Club. This is from people who are repaying the $25 loans that I made to them so they could get lower interest rates.

My loans have been doing well so far and I invested $25 into a new loan. This is money that was from someone who repaid his/her loan early and I decided that the best thing was to reinvest that money.

I paid $48 towards the $90 payment on my LASIK card (the minimum payment is $70) and will pay the other $42 next week (the payment is due on the 28th).

I also sent off money to the car loan so all my major bills for the month are paid. I only have the savings ‘bills’ to deal with and food and other small items like gas.

I will see you guys and gals later as I continue my journey to save money and become debt free!!!!