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: $189.44
Expenses for the month to date: $2269.87
Net effect: -$2080.43
Since the last posting I went to the doctor last week and paid a $35 copay from my Health Savings Account. I know that in a few weeks I will get the rest of the bills as the insurance kicks in and I will also pay that amount out of the HSA because I have a card linked to that account to pay medical bills.
I filled up my gas tank at a cost of $15.71 in preparation for a drive out of town to see a specialist doctor about some issues I have been having lately and spent $16.18 on food and $39.86 on household items for the week.
I redeemed $3.55 in coupons this week, bringing my total redemption to $4.55 for the month, with no outlay on the newspaper.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!
february is a good month for me . It happens to be my birth month too . Paypal introduced its new restrictions for its indian users who now cannot accept more than 500$ from a buyer and we cannot use the funds online for purchase …. this has caused financial difficulties for us freelancers ..