Tracking My Finances In 2011: August Week 2
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.
Trying To Keep A Positive Outloook
I have been trying to keep a positive outlook on the job search but it has been difficult the longer it goes on. I know it has only been one month and since I would have been on vacation anyway I really have not been ‘not working’, and people have been unemployed for MONTHS at a time before finding a job.
I am thankful for friends and family who keep me positive because I know that without them I would spiral into a world of depression. So thanks for all the kind words and cheerful thoughts everyone!!!!!
Lending Club Updates
You can now join Lending Club to:
-reduce your debts or
-increase your income
by using one of my affiliate links posted in the boxes at the top of the blog. You simply click on them to sign up and I get a referral for you joining up and being an active member.
Remember that I used Lending Club first to get rid of my high interest credit card debt a few years ago BEFORE becoming a lender on the site myself. I have had really good results with it and actually had a few people sign up for loans because they saw how easy it was to use.
Tracking My Finances In 2011: August Week 1
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.
Closing A Checking Account
I decided to close off one of my old checking accounts in an effort to further streamline my finances. It was a checking account that I got while in college and it did not pay interest. I only kept that account active because it was linked to my Prosper account and I needed to keep it open so my payments could come in. I kept about $15 at at time in there and had ING pull $5 automatically from it every month so that my money would not be idle in that account.
Monthly Financial Check Up: July 2011
The month of July was a little rough for me and I came out $312.13 in the red when it comes to cash flow. Part of this shortfall was due to being in an accident and having to pay the deductible on my own because the other driver was uninsured.
I was able to pay the deductible from the Car Fund so that was not a big issue for me but it still means that I had to take away from my savings for the future. I did not have to touch my emergency fund at all because there was enough in the car fund to cover the expenses but it just means that I am a little behind on getting my Lexus.
Tracking My Finances In 2011: July Week 4
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.
Lending Club Performance: July 2011
I have been investing in Lending Club for a while now because I had great results with them as a borrower in the past when they helped me to get rid of some VERY high interest rate credit card debt.
I have been investing in this site every month and making a new loan of $25 when I get enough in returns to fund a new loan. My goal has been to receive enough in repayments to fund a new loan every month and so far it looks like things are now working out.
