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: $232.38
Expenses for the month to date: $1187.89
Net effect: -$955.51
Since the last posting I received $173.88 in advertising, redeemed $1 in coupons and got $10.30 from Lending Club. I paid the internet bill and bought $32.62 worth of food in the first half of the week. I know I will be spending more on food later on as I will be travelling more and will not have cooking facilities.
I spent $3.51 on some medication but this will be coming out of the HSA funds because I used the HSA card for that purchase.
This week is a slow week for me financially but I know that next week things will pick up again.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!
I’m still trying to add to the money that I have at Lending Club. I think I only make about $4.00 per month and that includes P&I.