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: $35.71

Expenses for the month to date: $917.55

Net effect: -$881.84

Since the last posting I received $20 by redeeming 2000 points from my Chase credit card. I do all my shopping via credit card and pay the card in full every month. This way I am able to capitalize on the rewards points and never pay any interest or fees on the card.

I also got $7.68 from my Lending Club investment and this is a great way to start the month off.

I paid the rent and the phone bill and spent $26.40 on gas because I was down to to almost empty after a trip to see some friends and go to a job fair.

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