May 2017 Income Statement

May was a good income month and a somewhat expense month (see spreadsheet screenshot).

Our total income in May was $11,468.95.  In addition to our two regular paychecks, I received a monthly bonus of $2,500 gross ($1,496.25 net). We also got a $450 monthly auto allowance from my company and $49.99 in internet reimbursement from my wife’s company.  We earned $4.69 in interest income from our savings account.

This month, our expenses were high.  We spent a total of $13,123.47 in May.  Ouch!  Big ticket items include $1,675 for a pool pump, $764 for two mini vacations, and $702 in eating out.

Next month will be my fourth month at my new company and my first month without my guaranteed bonus.  That being said, I had a good May and should be earning ~$1,700 gross for my monthly bonus.

May 2017 Income Statement

 

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