Welcome to  tracking of income and expenses for the month. Please note thatI 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.

twentyIncome for the month to date: $0

Expenses for the month to date: $1230.21

Net effect: -$1230.21

Since the last posting I have paid rent, including insurance on the apartment and the water bill.

I spent $26.87 on IHOP since we went out for breakfast (got enough food to make a second breakfast with the leftovers!!!!)

I had just about a half tank of gas for my trip out of town so I spent $14.15 on gas to fill up so I would not be in a serious situation on the way back.

I spent $4.20 for household items including food, since I had a gift card to Walmart (from Blue Cross Blue Shield) that knocked off about $17 from the total bill.

I also sent money home to my brother to take care of the loan at home and sent off $55 to the two personal loans here.

I paid $30 towards the phone bill so tghe only utility left is the internet/cable bill.

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