Category Archives: Income Statement

Income Statement

August 2014 Income Statement

August was an awesome income month and we kept our expenses pretty well in line. (see attached spreadsheet).

Our total income in August was $18,070.88. In addition to my regular paychecks, my wife received $2,610.71 in disability, and a partial $3,006.96 paycheck after returning to work on the 18th. She also received a $13,050 gross ($8,009.69 net) quarterly bonus! My wife’s company paid her an $800 auto allowance and a $100 company reimbursement for internet service. We earned $4.50 in interest income from our online savings account. 

In August, we spent a total of $9,673.69. Some of the other larger, non-typical expenses include $200 new mobile phone for meand a larger than normal electricity bill of $525.25. In addition, our nanny’s weekly pay went from $300/week to $400/week as she began watching both of our children when my wife completed maternity leave. Our son also started preschool ($397/month).

September will be our last month with two incomes until I find a new job. I trust God has a great now position for me.

Income Statement

July 2014 Income Statement

July was a bit lower than normal income month (wife on disability), and our expenses were more than we brought.

Our total income in July was $8,745.67. In addition to my regular paychecks, my wife received $4,300.00 in SDI (disability). My wife’s company paid her an $800 auto allowance and a $100 company reimbursement for internet service. We earned $3.25 in interest income from our online savings account.

In July, we spent a total of $9,301.83. Some of the other larger, non-typical expenses include $600 vasectomy, $170 auto registration, and a larger than normal electricity bill of $496.55.

August will likely be a larger income month with my wife going back to work at the end of the month. She should also receive a quarterly bonus in August.

Income Statement

June 2014 Income Statement

June was another great income month, but also a higher than normal expense month (see attached spreadsheet).

Our total income in June was $10,004.15 (my wife is on disability spending time with baby). In addition to my regular paychecks, my wife received $4,914.29 in SDI (disability). She also received $360 due to a mistake on her last paycheck and $284.43 in extra disability from her company (above and beyond state disability). My wife’s company paid her an $800 auto allowance and a $100 company reimbursement for internet service. We earned $3.01 in interest income from our online savings account.

In June, we spent a total of $14,283.65. Some of the other larger, non-typical expenses include $5,560.54 for our portion of the c-section birth of our daughter and $245.32 in gifts.

July will likely be a low income month with my wife on disability.

Income Statement

May 2014 Income Statement

May was another great income month and a higher than normal expense month (see attached spreadsheet).

Our total income in May was $17,802.05. In addition to our regular paychecks, my wife earned a $13,140.00 gross ($7,080.03 net) quarterly bonus and received annual wellness check $1,000.00 gross ($985.45 net).  She also received an $800 auto allowance and a $100 company reimbursement for internet service.  We sold a video game system for $100 and earned $2.77 in interest income from our online savings account.

In May, we spent a total of $10,680.52.  Some of the other larger, non-typical expenses include $1,695 cord blood banking for daughter and $400 for tax on old bonus credit card.

June will be interesting.  My wife had our baby at the end of May and will be on disability for 3 months.  The weekly disability checks should be ~$1,075.  As a result, we’ll have to limit our spending a bit.
Income Statement

April 2014 Income Statement

April was great income month and a higher than normal expense month (see attached spreadsheet).

Our total income in April was $14,208.22. In addition to our regular paychecks, I received a third “extra” paycheck and my wife received a $600 auto allowance and a $100 company reimbursement for internet service.  We also received $1,902 Federal tax refund, $540 State tax refund, $120 in gifts and earned $3.77 in interest income from our online savings account.

In April, we spent a total of $10,107.32.  Some of the other larger, non-typical expenses include $300 for a tax accountant, $156 wife’s hair, $531.98 dinning, and $1,703.35 in household items.

May should be a good month for us to get ahead.  My wife receives her quarterly bonus and a annual “wellness” bonus.  Plus our daughter will be born! 

Income Statement

March 2014 Income Statement

March was a standard income month and a high expense month (see attached spreadsheet).

Our total income in March was $9,938.22.  My wife canceled her monthly ESPP contribution so her take home increased $401.18.  In addition to our regular paychecks, my wife received a $600 auto allowance and a $100 company reimbursement for internet service.  We also received $73.73 in credit card cash back rewards and earned $3.41 in interest income from our online savings account.

In March, we spent a total of $10,105.71.  Some of the other larger, non-typical expenses include $313.95 for a speeding ticket and $125.00 for our son’s preschool registration.

April will be interesting.  I receive a third “extra” paycheck and we meet with our tax accountant to do our income taxes.

Income Statement

January 2014 Income Statement

January was a standard income month, and a large expense (see attached spreadsheet).

Our total income in January was $9,465.41.  In addition to our regular paychecks, my wife received a $600 auto allowance, and a $100 company reimbursement for internet service.  We earned $0.15 in interest income from our online savings account.

In January, we spent a total of $11,537.47.  Not as much as last month, but more than we earnedL.  Some of the larger, non-typical expenses include $ 1,619.98 for new gun, $573.88 auto insurance (2 cars, 6 months), and $685 for term life insurance (for both of us).

February should be a huge income month as my wife should receive a $66,600 (gross) quarterly bonus!

Income Statement

December 2013 Income Statement

December was a good income month, but also a large expense (see attached spreadsheet).

Our total income in December was $10,545.66.  In addition to our regular paychecks, my wife received a $600 auto allowance, and a $100 company reimbursement for internet service.  Our son also received a total of $275 cash for Christmas, which was deposited into his 529 Plan.  We earned $0.96 in interest income from our online savings account.

In December, we spent a total of $14,391.14.  Wow!  That’s a lot of money.  Some of the larger, non-typical expenses include $811.46 in gifts, $539.999 for a dishwasher, and $572.38 for a gun. 

January should be a pretty standard income month and a hopefully a more reasonable expense month.

Income Statement

October 2013 Income Statement

October was an even better income month than last month, which was phenomenal, but it was also a large expense month(see attached spreadsheet).

Our total income in August was $13,672.80.  In addition to our regular paychecks, my wife received an unexpected bonus check ($3,000 gross, $1,683.60 net).  She also received a $600 auto allowance, and a $100 company reimbursement for internet service.  I received a third “extra” check this month.  We earned $2.49 in interest income from our online savings account.

In October, we spent a total of $11,199.67 continuing our trend of blowing our budgetJ.  Some of the larger, non-typical expenses include $550 brake job for car 2 and ~$3K in household items.

November should be a pretty standard income and expense month.

 

Income Statement

September 2013 Income Statement

September was a phenomenal income month and a big expense month too (see attached spreadsheet).

Our total income in August was $12,577.62.  In addition to our regular paychecks, my wife received a final check from her old company and a $700 company reimbursement from her new company.  We also received $75 in credit card cash back rewards, $150 in birthday gifts to our son (529Plan) and we earned $2.66 in interest income from our online savings account.

In September, we spent a total of $10,681.95 – not as much as last month ($12K), but more than we should.  Some of the larger, non-typical expenses include $215 BBQ, $2K in food, and $2K in misc. household items.

October should be another good income month – I receive a 3rd “extra” check.