February 2020 Income Statement

In February, we had a good income month and a good (relatively low) expense month (see spreadsheet screenshot).

Our total income in February was $14,424.37.  In addition to our regular paychecks, I received a monthly bonus of $2,075 gross ($1,139.08 net) and my wife received an award bonus of $3,383 gross ($2,000 net).  My wife also received $509.50 in auto allowance / mileage reimbursements and $46.99 in internet reimbursements.  We also earned $15.44 in interest income from our savings accounts.

This month, our expenses totaled $14,131.27.  Some big ticket items include $1,014.08 in auto insurance, $340 in car servicing (brakes) and $396 in prescriptions.

Next month my wife should receive a $10K-$20K bonus from her company.

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