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: $396.61
Expenses for the month to date: $2492.15
Net effect: -$2095.54
Since the last posting I spent $94.43 on household items and $44.02 on food. Income for the week was $4.13 from Lending Club and I also sent off $25 to create a new loan there. I made a little snowflake payment to the car loan and made the weekly payments to the credit cards to get them to that zero balance at the end of the month.
I spent $18.47 ordering litter box liners online for Dinero because Walmart has decided to stop carrying the sifting liners that work so well for us.
This week was a light one in terms of spending and income since I stayed home all day working on projects.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!
This week I spent $20 for school. I won’t be going out this weekend! hahah
Sounds like a good plan. Thanks for the heads up. Can’t wait to see how you made out this week.
I love the snowflake concept. I think I’m going to start applying that to my finances as well.
Yea – another like for the snowflake concept here too. I’ll steal that one too haha.
Me too as well. I’m quite interested with how snowflakes works!