Category Archives: Income Statement

March 2020 Income Statement

In March, we had an regular income month and a huge expense month. Our total income in March was $10,683.14.  In addition to my wife’s regular paychecks, I received $1,910 in unemployment (includes extra $300/week extra stimulus money). She received $0 in company reimbursements.  We earned $12.76 in interest income from our savings accounts. This month, our expenses totaled $24,154.01.  Large, non-recurring expenses included $6,577 for vacation, $1,725 for half of estate plan, Read more [...]

February 2021 Income Statement

In February, we had an awesome income month and a somewhat high expense month. Our total income in February was $19,311.62.  In addition to my wife’s regular paychecks, she received a quarterly bonus $14,260 gross ($8,308.73 net).  She also received $212.24 in company reimbursements.  I received $3,000 in unemployment (includes extra $300/week extra stimulus money). We earned $10.93 in interest income from our savings accounts. This month, our expenses totaled $11,226.81.  Large, Read more [...]

January 2021 Income Statement

In January, we had a pretty typical income month and expense month. Our total income in January was $10,629.15.  In addition to my wife’s regular paychecks, she received $137.98 in company reimbursements.  I received $2,700 in unemployment (includes extra $300/week extra stimulus money). We earned $11.45 in interest income from our savings accounts. This month, our expenses totaled $9,613.57.  Large, non-recurring expenses included $1,106 for a cruise down payment, $685 for Read more [...]

December 2020 Income Statement

In December, we had a very high income month and an even higher expense month. Our total income in December was $51,127.48.  In addition to my wife’s regular paychecks, she received $187.97 in company reimbursements.  I received $1,800 in unemployment in November. We pulled $38,237.68 cash out of our home to pay off our boat loan and received an escrow refund of $3,427.65.  Plus, we earned $15.29 in interest income from our savings accounts. This month, our expenses totaled Read more [...]

October 2020 Income Statement

In October, we had a good income month and a low expense month.  Sadly, I quit my job in October due to changes in my duties and compensation.  My last day was the 27th.  Our total income in October was $19,982.02.  In addition to our regular paychecks, my wife and I both received a third “extra” paycheck.  I received a monthly draw/commission total of $4,402.34 gross ($3,010.54 net).  We received $232.95 in company reimbursements and $1,308.66 gross ($876.52 Read more [...]

September 2020 Income Statement

In September, we had a very good income month and we were able to keep our expenses somewhat in line. Our total income in September was $26,081.26.  In addition to our regular paychecks, I received a pro rated quarterly bonus of $4,056 gross ($2,226.59 net) and a monthly draw/commission of $1,375.73 gross ($930.39 net).  My wife received a quarterly bonus of $18,750 gross ($12,310.46 net) from her old company. We received $412.95 in company reimbursements.  Plus, we earned $13.13 Read more [...]

August 2020 Income Statement

In August, we had a really great income month but we also spent a bunch of money too. Our total income in August was $37,075.15!  In addition to our regular paychecks, I received a monthly bonus of $2,141.00 gross ($1,175.33 net).  My wife also sold her company stock for $25,698.14!  Plus, we earned $14.14 in interest income from our savings accounts. This month, our expenses totaled $20,021.29!  Large expenses included $839.21 in vacation, $800.76 boat property tax and $1,574.70 in Read more [...]

July 2020 Income Statement

In July, we had our best income month ever! As I mentioned in our June net worth update, wife’s company had been restructuring and she accepted the severance package because she found a new position with another company making a 10% higher salary. Our total income in July was $88,132.45!  In addition to our regular paychecks, I received a monthly and quarterly bonus of $4,964.00 gross ($2,725.04 net).  More importantly, my wife’s received a $72,614.24 severance/cashed out vacation Read more [...]

June 2020 Income Statement

In June, we had an amazing income month but we also had a huge expense month (see spreadsheet screenshot).  Our total income in June was $16,493.11.  In addition to our regular paychecks, I received a monthly bonus of $1,968.00 gross ($1,080.36 net) and my wife received a quarterly bonus of $9,375 gross ($4,895.28 net). My wife also received a $168.66 auto allowance / mileage reimbursements, and $58.99 in internet reimbursements.  We also earned $9.38 in interest income from our Read more [...]

May 2020 Income Statement

In May, we had another great income month but a large expense month considering the income (see spreadsheet screenshot).  Our total income in May was $11,589.40.  In addition to our regular paychecks, I received a third “extra” paycheck and a monthly bonus of $1,947.00 gross ($1,068.81 net).  My wife also received a $168.66 auto allowance / mileage reimbursements, and $58.99 in internet reimbursements. This month, our expenses totaled only $15,460.79.  Large expenses Read more [...]