August 2016 Income Statement

August was a good income month and a large expense month (see spreadsheet screenshot).

Our total income in August was $11,369.67.  In addition to our paychecks, received a small auto reimbursement of $143.80 for the last few days that I drove my personal vehicle (I have a company vehicle now) and my wife received $50 in company reimbursements. We also received a $688.22 property insurance refund and a $50 rebate.  We earned $4.27 in interest income from our savings account.

This month, we spent a total of $11,887.08.  Big ticket items include $1,116 in furniture, $820 for entertainment (concerts), and $2,597 for household items.

Next month, we hope to continue the downward expense trend.  Also, my wife may get a quarterly bonus in September.

income statement august 2016

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