Welcome to How I Save Money and tracking of income and expenses for the month.

Income for the month to date: $118.07

Expenses for the month to date: $678.95

Net effect: -$560.88

Income for the month thus far comprises various forms of advertising on the blog and interest on my ING accounts. The expenses thus far are

1. Rent

2. Apartment insurance

3. Savings

I included my savings as part of the expenses for the month in order to make it easier to save. This amount is transferred from my ING electric checking account to an interest bearing savings account at ING. I do not have to worry about making the transfer and the amount is accounted for every month.

My Networth increased slightly this month as well as I have been paying down some debts slowly but surely. You can check out my NetWorth chart over in the right sidebar to see the progress I have made.

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