Welcome to  tracking of income and expenses for the month. Please note thatI 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.

twentyIncome for the month to date: $72.38

Expenses for the month to date: $1930.02

Net effect: -$1857.64

Since the last posting I spent $15.20 to fill my gas tank. I love living so close to work AND Walmart since it is halfway through the month and I have only spent $15 on gas and my tank is FULL!!!!

I plan on making one out of town trip so that might be about $20 worth of gas so I estimate that I will be well under the $75 gas budget for the month.

I spent $29.31 on groceries over the weekend, mostly staples like bread and fruit for snacks at work. I will be spending more money on food this weekend since his royal highness Dinero is running low on dry food and has no wet food….which he makes known by running to his bowl and HOWLING and then giving me the evil eye.

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

I also ‘spent’ $70 on car insurance this month. I prepaid the balance on the insurance so I am not spending this every month right now….but it is still part of my budget.

I am putting any money left over from my Zero based budget into the Coupons and Overages account (formerly Coupon Savings) in ING. This money will be added to the money I need to go home for summer (more on that later.)