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: $107.97
Expenses for the month to date: $1616.04
Net effect: -$1508.07
Since the last posting I received $7.97 this week from my Lending Club investment and spent $71.40 on food. I paid rent and the phone bill and will be filling up the gas tank this weekend as I am almost on just a quarter tank left.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!
Hi LuLuGal,
Thank you for the great post. I would love to keep up on your blog and am happy that I have found it. Best of luck on becoming debt free! You seem to be meticulous with your finances which is what really helps in saving every penny! We look forward to looking through other posts of yours for more savings tips.
Thank you!
I am really enjoying seeing how your money is spent. I love finding new ways to bring in a little extra cash so Im going to check out the Lending Club that you keep mentioning. Thanks!
I would appreciate it if you would use my referral links located under the ‘Reduce Your Debts’ section at the top of the blog, that way I would get credit for referring you and you get a sign up bonus!!!!
I also sent you an email invitation in case you have problems with the link.
Doing well again this week! Wow!