May 2018 Income Statement

May was an great income month but we spent almost exactly the same about we made, which isn’t good (see spreadsheet screenshot). Our total income in May was $13,221.19. In addition to our regular paychecks, I received a monthly bonus of $916.67 gross ($535.94 net). My wife also received a $1,506.38 auto allowance / mileage reimbursement and I received a $450 auto allowance. We earned $5.16 in interest income from our savings accounts.

This month, our expenses totaled $13,205.18. Big ticket items include $902.35 in misc items, $437.63 in clothing, and $248.78 in medical/prescriptions.

Next month we both should get a few thousand in bonuses and I will receive a 3rd “extra” paycheck.

May 2018 Income Statement

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