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: We got paid today (early!!!!!)

Expenses for the month to date:  More than expected with paying for those summer classes

Net effect: -$707.46

Since the last posting I spent $55.58 on food, most of it being some overpriced cheese, cashews and salmon nuggets. I did get a few staples like milk and yogurt but I am only left with $24.48 for the last two days of the month, which will be okay. I made a donation to a charity in the form of contributing to a scholarship fund and sent off the second half of the payment to the credit card that has my dental bills. I paid $6 to wash the car last weekend and put some money in church.

I received $3.26 from Prosper loans and $5.66 from Lending Club. I also got my Adsense money for the month and received $135 in advertising from sponsors on the blog.

This month I am in the RED by $707.46 which is not good at all. I did get some extra money in at the end of the month but in addition to the $800+ that I spent on classes over the summer I had to pay for some tests as well for my degree.

This money is all coming out of the miscellaneous fund and snowflake funds but it just means my cash flow is seriously out of equilibrium. My checking account had only $502.36 in it before we got paid today, which means my buffer is now just $500.

Luckily all bills were already taken care of so that amount does not mean anything except I can only make snowflake payments up to that amount in the next few upcoming months.

I was hoping that June would be a bit cheaper in terms of spending but I will have to drive out of town every day for two weeks to attend various training sessions and this will mean a lot of spending on gas. I will just have to pray for the best.

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