Welcome to my daily tracking of income and expenses for the month.

Income for the month to date: $133.64

Expenses for the month to date: $1344.13

Net effect: -$1210.49

Most of the income has been interest on various accounts and a few small payments for services. The majority of the payments have been credit card payments. I have also spent more than 50% of my food budget for the month and we have just barely passed the halfway mark for the month.

So far the cash flow for the month has been small and the outgoing cash flows have been much larger. All of this is mainly due to the fact that I get paid on the last day of the month but of course my bills are all due at different points throughout the month.

It would be really nice if I could get all my payments due on the same day and get paid at the beginning of the month…but that is not so.

It really is not a problem because I have my Electric Orange account set up to pay the bills about 9 days before the due date. This allows for the paper checks from ING to get sent out and be received by the business that I owe, while still allowing me to receive a tiny bit of my interest from the checking account.

I will see you guys and gals later as I continue my journey to save money and become debt free!!!!