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: $345

Expenses for the month to date: $1816.31

Net effect: -$1471.31

Since the last posting I spent $109.03 on personal and household items, including a bag of cat food for his royal highness. I alternate feedings with dry food in the morning before I leave for work and wet food in the evenings when I come home to balance out his nutritional needs.

I sent off $500 to the Irregular Fund because I will soon need to pay for my classes and put $50 in the Splurge fund as I would like to get some more shirts for work pretty soon.

I paid rent and associated fees and there was an increase in my renters insurance of $0.05!!!!

I paid $325 in snowflake payments to my two personal loans so that I can be done with them in December and start off 2011 with no personal debt. There were only three days to track so far for the month so that is all I have to report now.

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