Welcome to How I Save Money and tracking of income and expenses for the month.
Income for the month to date: $4.30
Expenses for the month to date: $768.87
Net effect: -$764.57
As I mentioned before last month I was able to stay under my total budget even though I went over the food and gas categories. This month I plan on having a better handle on each and every category of my budget so that I can save money somewhere.
The income for the month so far has been interest on the tiny amount that I have in savings and in the Emergency Fund that is slowly growing. I jokingly call it my Never Go Back to Fresno fund, even though I have no idea where Fresno is.
The expenses so far have been rent and water, which are due by the third of the month and the ever present credit card bills. I have to go shopping for food today and that will be the first hit to the food budget for the month. I did get a bunch of coupons from the newspaper so I am going to go through them to see if any are for the things that are on my list. By using the coupons I will be able to save some money here and there.
Whatever money I save by using the coupons will be snowflaked over to the credit cards so I can get another one down to zero. I am currently targeting the Citi Visa which has a balance of $2202.89 and is at a rate of 14.9%.
I will see you guys and gals later as I continue my journey to save money and become debt free!!!!