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: $464.37
Expenses for the month to date: $2040.26
Net effect: -$1575.89
Since the last posting I received $11.03 from my Lending Club investments this week and made a $25 investment in a new loan. I received another check from PineCone which I added to the snowflake accounts that I am using for savings.
I redeemed $1 in coupons, while spending $11.29 on household items. I also spent $109.64 on food, leaving me with $44.51 in the food budget for the month. I bought a lot of fruit, including apples to blend with parsley for my green smoothies. I also bought some potatoes, beans and rice as I have started cooking more at home and getting less prepackaged foods.
I received $154.36 in advertising on the blog this month and got another $3 for the snowflake fund from PineCone. I put $75 into my Health Savings Account and rounded off the rest of my personal savings for the month.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!