Welcome to my daily tracking of income and expenses for the month.
Income for the day: $522.50
Expenses for the day: $113.91
Income for the month to date: $1443.55
Expenses for the month to date: $1602.13
Net effect: -$158.58
The cash flow for today looks much better than that of the last few days. I am happy that I will not be doing this daily income versus expenditure in July because the cash flow situation will just be dreadful. I will not be working in July so all bills will be coming out of the little money that is in the ING and other savings accounts.
Lulu: I suggest that you still do the cash flow because part of being able to fix your situation is to use your tracking method through thick and thin. Facing the ugly truth will help you in the long run even though it might upset you short term.
Hey Ning, thanks for the comment. The thing is, I was doing the monthly reporting every other month anyway and July just happened to be the month that I was going to skip.
Since I will not be working for the whole month I will only have a VERY negative cash flow so I thought that might not be very interesting for the readers (and it would be very depressing for me :-)).
However, if you think it will help (and be interesting) then I guess I could do it. It just won’t be a set of happy posts.
I will have to rely on PPP and donations from people who buy me a coffee to make it through the month because my savings are at rock bottom now.