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: $114.93
Expenses for the month to date: $1734.82
Net effect: -$1619.89
Since the last posting I bought a book for my Kindle at $8.65 and spent $8.49 for Hulu Plus. I use Hulu plus to watch a variety of shows since I cancelled my cable and turned off the television.
I received $10.51 from Lending Club, bringing my receipts to $43.46 for the month. My investment has done really well this month, with everyone paying up on time and I must say I am happy because I really need every cent now that I am unemployed.
I will see you guys and gals later as I continue my journey to save money and remain debt free!!!!
Thanks for sharing this deal! Coupons are one of the best ways I know of to save. I’m participating in a webinar on Froogaloo.com on 11/9 about “Couponing for Beginners”. Registration is open to everyone!
Your Lending Club is doing really well. As of right now, I’m bringing in a whopping $3.50 per month. I’m also starting to slowly add loans so hopefully that number will go up in the future.
Good luck with the job search!
I am quite happy with my Lending Club investment and I think that I have been lucky in picking good loans. I have just over $1000 in loans now from a combination of my fresh money and bonuses and repayments. I am continuing to invest in one new loan every month that I get $25 in repayments and I hope I keep getting good results.
HuluPlus is definitely was cheaper than cable. Online subscription services are usually cheaper than the other options.