Category Archives: Income Statement

April 2007 Income Statement

We went way over budget again. Darn it!

To our credit, it was not because we spent frivolously. There were numerous one-time, annual, and prepayment expenditures that brought our total expenses for April to $7,581.50 (click on spreadsheet below).

On the positive side, my wife netted an extra $1,147.24 in commissions, we had $127.55 in “other” income (see spreadsheet notes), and our interest income doubled to $11.08.

May is forcasted to be a lighter month for us expense wise. If nothing unforseen pops-up (yeah right), we should spend roughly $1,300 less than we did in April.

March 2007 Income Statement

We had a great net worth increase in March, but did a poor job staying within our budget. We were sadly over budget $775.68 in March (click on spreadsheet below).

A lot of non-monthly bills hit in March, such as both cars needing servicing, buying a baby shower gift, enrolling wife in new insurance program, and a mini vacation. That’s not a good excuse though because we also went over budget for some of our standard monthly bills.

Time to take back some ground by coming in under budget next month!

Stay tuned. . .