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: $135.26
Expenses for the month to date: $1131.01
Net effect: -$995.75
Since the last posting I spent $61.06 on household items which included two jumbo packs (42 each) of feminine items that were on clearance. I used up the $25 gift card on food this week but I still need to get some more bread later on in the week as they did not have the one I wanted.
I received $2.88 from Lending Club, bringing my total income from that source to $7.73 for the month thus far.
I spent $222.85 on repairs for the car but since that came out of the Car Fund in ING I did not count it as part of the monthly budget spending.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!
What kind of repairs did you have to do on the car?
-Jean
I had to get my windshield replaced….post on that coming next week!!!!!
I used to track my finance before, but I sticked to it only for a month. hope you can keep at it!