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

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: $7.92

Expenses for the month to date: $1334.57

Net effect: -$1326.75

Since the last posting I have spent way too much money on dining out because I took a trip out of town. I paid $26.82 for breakfast at IHOP for a friend because it was his birthday and I was crashing on his (and his girlfriend’s) couch for the weekend.

We also ate at Buffalo Wild Wings after a show one night and that cost me $13.45 including the tip.

I had to spend $179.38 for two new tires because my tires were cracking. Huh?

Muffin (aka my ex) noticed that my tires were dry and cracking and told me in no uncertain terms to get them checked out and to NOT drive on the highway until I got four new tires.

The service guy at Walmart told me I definitely needed to replace the two front ones but the two back ones could last about 2 to 3 months. So I got the two front tires replaced and will get the two back ones in the winter.

This has totally wiped out the maintenance fund in ING and has taken a bit out of the emergency fund as well. I will be replenishing those two funds on a monthly basis and not getting the back two tires will let me have some breathing room.

I also spent $7.57 on a shirt at Ross since I really do need some new clothes for work. I do not like to shop for clothing and although I spent 25 minutes in the store I could not find anything that I liked.

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