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.

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: $190.45

Expenses for the month to date: $2582.01

Net effect: -$2391.56

Since the last posting I have received $3.24 from loan repayments from Lending Club. I also received $125 from various forms of advertising on the blog and I will be putting $75 of that towards a snowflake payment to the credit card debt next month. The remaining $50 will go towards my savings to restart my emergency fund.

I have also ‘paid’ $99 into savings for the month because I treat my savings as a bill to make sure that my zero based budget works well. I need to revise the budget to get one more dollar in there so that I can save a nice round $100 a month but that will come later.

I ‘paid’ $70 for car insurance this month and have also accounted for that. I actually pay the full premium every six months but account for it in the monthly budget. I am thinking of revising this and sending the monthly amount to the Car sub account in ING and then doing a miscellaneous transfer when the insurance is due, just to keep it current.

I spent $6 going through the drive through to get the car washed. Hey it is COLD after a bird SHAT on the car the day after it was washed clean by all the snow. I really hate when that happens!

I spent $9.50 (original price $45!!!!!) on a shirt for work from the clearance rack at a store in town. I will have to transfer that money from the Splurge Fund back into checking to cover the amount spent as it was not part of the regular budget for the month.

I still have to go get a few food items like fruits and bread and I also want to check the clearance racks to see if I get another shirt for work.

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