April 2018 Income Statement

April was a great income month and thankfully, a reasonable expense month (see spreadsheet screenshot).

Our total income in April was $17,284.35. In addition to our regular paychecks, I received a monthly/quarterly bonus of $5,733.27 gross ($3,352.01 net) and my wife received special bonus of $797.00 gross ($696.60 net). My wife received a $1,851.04 auto allowance / mileage reimbursement and I received a $450 auto allowance. Our Federal tax refund was $426. We earned $5.99 in interest income from our savings accounts.

This month, our expenses totaled $13,355.44. Big ticket items include $409.66 for boat “stuff”, $380 in clothing, and $230 in personal care (wife’s hair and nails).

Next month may be a light income month because neither one of us expects much in the way of bonuses.