February 2019 Income Statement

February was an amazing income month and our expense were pretty reasonable (see spreadsheet screenshot).

Our total income in February was $22,966.71.  In addition to our regular paychecks, I received a monthly bonus of $1,041.67 gross ($721.89 net) and a $450 auto allowance.  My wife also received a $1,342.96 auto allowance / mileage reimbursement, $44.99 in reimbursements and sold $2,343.60 of her company stock.  We earned $6.31 in interest income from our savings accounts. We also sold Car 1 for $6,300 (I got a company car).

This month, our expenses totaled $16,493.20.  Big ticket items include $4,542.97 to pay off Car 1 before we sold it, $960 to pay for part of our vacation in mid-March and $303 for doctor visits/prescriptions. We also had to pay $4,203 for our Federal taxes but received a $5,366 State refund, which more than offset it.

Next month, my wife should receive a large quarterly bonus but we also have a big vacation that will cost a bunch.

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