You guys and gals asked for it!
Back by popular demand is my daily tracking of my income and expenditure for the month. If you missed it in months gone by here is the breakdown. Each day I will post on what money flows in and out of my account. This could range from simple things like me finding a penny on the floor to me paying rent.
I update what flowed in and what flowed out and then talk about those cash flows. Apparently my income and expenditure are of interest to some folks out there and people have even run competitions against me to see who could do better each time.
Welcome to my daily tracking of income and expenses for the month.
Income for the day: $30.00
Expenses for the day: $788.08
Income for the month to date: $30.00
Expenses for the month to date: $788.08
Net flow: -$758.08
It is only the first day of the month and already I am in the negative with regards to cash flow. This does not mean that I am broke right now. It is just that I had to pay rent and the cable and internet and a few other things.
This is just the FLOW of money for the day and it in no way reflects my bank balances. I have not managed to save money today but I am working on that.