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: $511.93

Expenses for the month to date: $2379.91

Net effect: -$1867.98

Since the last posting I received $14.66 from Lending Club investments, which puts me at $29.19 received for the month. This is good news for me because it means I got a full $25 in repayments this month, which justifies the loan that I made this month. I am going to invest in one new loan at $25 every month so that I can earn more income from this venture in the future.

Today is payday but it should also be the day that reflects the adjustment on my salary for the new school year so I have not looked at what the actual paycheck  is at the time of writing.

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