March 2018 Income Statement

March was an outstanding income month but also a high expense month (see spreadsheet screenshot).

Our total income in March was $22,787.57.  This month, I received an 11% raise and my wife received a 1.55% raise.  In addition to our regular paychecks, I received a monthly bonus of $1,250 gross ($730.82 net) and my wife received a quarterly bonus of $14,275.44 gross ($8,109.17 net).  My wife also received a $1,392.22 auto allowance / mileage reimbursement and I received a $450 auto allowance. On top of that, my wife also received a $1,698.80 reimbursement for internet and other expenses.  Our state tax refund was $1,759.  We earned $4.01 in interest income from our savings accounts.

This month, our expenses totaled $22,150.26.  Big ticket items include $2,530 for new flooring, $2,200 extra in mortgage payments and $2,000 extra in car payments

Next month we should receive about $6,000 in work bonus money 🙂

March 2018 income statement

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