Welcome to my daily tracking of income and expenses for the month.
Income for the month to date: $0.00
Expenses for the month to date: $0.00
Net effect: $0.00
On the first day of the year I was really pleased to see a net effect of $0.00. These next few months are going to be extremely hard for me because of the medical debt I have racked up recently. Not only did I have to spend some time in the hospital last year but I also got LASIK done.
I am going to have to get more surgery done at the gynecologist in February and if the bill from the local hospital is any indication of what the fees are like then the bill from the specialist will have me seriously owing some money.
This month will be one of the months where the tracking is done on a daily basis and my money will be recorded in detail in my financial software at home. I currently use Microsoft Money but I am also going to enlist the help of Mint to track my money.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!
Happy New Year! May 2008 be a prosperous year for you.
Thank you and same to you.
Good luck to you on tracking you finances. December was a tough one to track, but we did it, although the results were not pretty. Jan started out well, but we have our Cleveland medical trip coming up and I just purchased 2 plane tickets…Ouch!!!
The good thing coming out of December is that you are embarrassed enough by your results. This will make you more careful with the rest of the spending for the upcoming months.
Good luck with the daily tracking. I keep tabs on things pretty much every day, but I don’t think I could be so detailed every day.
It is not difficult for me because I just enter my receipts into Money and then copy the figures.
I do realize it is a bit overboard but I just want to do it because I really like knowing where my money is going. I have some major medical bills coming up so I need to see where every cent is going.