January was an amazing income month and high expense month (see spreadsheet screenshot). Although my wife was laid off on December 31st, she received a generous severance package and bonus in January.
Our total income in January was $24,573.04. In addition to our paychecks, my wife received a $21,500 gross (12,938.72 net) severance and a bonus of $12,500 gross (7,500 net). I received $582 in auto allowance and mileage reimbursement. My wife also received $810 in unemployment.
This month, we spent a total of $15,745.12. A huge amount of money for us, but much less than our income for the month. Some of our larger, non-typical expenses included $1653.13 in dinning (mostly due to hosting a large party), $960 annual concert pass, and $1,344 in car servicing.
Next month, our income will be a lot less because my wife does not begin her new job until the end of February. That being said, we plan to use her severance to float us by until her first paycheck.
