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: $115.17
Expenses for the month to date: $2376.93
Net effect: -$2261.76
Since the last posting I spent $89.88 on food, which leaves me with only $35.43 in the food budget for the rest of the month. I think I am pretty well stocked up and only need to get some fresh fruit and bread so I should be okay on food until next month. I redeemed $1.55 in coupons, bringing my total redemption for the month to $2.10.
I also paid the insurance amount back into the Car Fund since I pay my insurance every six months to save on fees. I transferred some more money into the Health Savings Account to help pay for the costs of my upcoming surgery.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!
i was trying to get a credit card this month becuase paypal wont allow indians to use the money online , and realized that it was taking way too much time to get processed 🙁 .