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.
Income for the month to date: $550.41
Expenses for the month to date: $993.40
Net effect: -$442.99
Since the last posting I paid rent and associated costs and received $385 from various advertisers. I spent $66.06 on food for the week and used $1.73 in coupons on that food. I also spent $62.93 on household items including cat food and litter as the supplies were getting low and redeemed $5 in coupons. I received two checks from PineCone this week so that means $6 is added to the snowflake fund!!!!
I put $20 in church and sent $78 to savings for the week, in addition to making snowflake payments on the two personal loans. Income for the week was $325 in advertising and $7.33 from Lending Club repayments.
This week was a really good week for me because I got the bulk of my advertising coming in and I did not spend too much money so the totals are about balanced.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!