February 2015 Income Statement

February was an awesome income month and crazy expense month (see spreadsheet screenshot).

Our total income in February was $17,911.56! This is primarily due to my wife’s salary jumping 34% thanks to a promotion and a quarterly bonus she earned of $16,745.00 gross ($9,088.68 net). So proud of her continued success! In addition to my wife’s paychecks, she received an $800 auto allowance and a $163 company reimbursement for internet service & travel. We also received $250 in preschool reimbursement, $220 selling items on Craigslist, $59.17 in credit card rewards, and earned $3.95 in interest income from our online savings account.

In February, we spent a total of $12,336.89. Some of our larger non-standard expenses were $1,000 extra in mortgage principal, $938.02 for clothing, and $1,363.98 for furniture. We also hired a new nanny.

Next month should be a little more average in terms of income and expenses.

Feb 2015 Income Statement