November 2020 Income Statement

In November, we had a slightly lower income month due to me quitting my job at the end of October.  Thankfully, we also had a lower expense month. 

Our total income in November was $15,784.06.  In addition to my wife’s regular paychecks, she received $251.96 in company reimbursements and $10,000 gross ($5,832.24net) quarterly bonus.  I received $1,800 in unemployment in November.  Plus, we earned $17.80 in interest income from our savings accounts.

This month, our expenses totaled $9,962.78.  This was a huge improvement over our typical monthly spending.  We had little in the way of large, non-recurring expenses.  We spent $464 for clothing and $269 on personal care items (haircuts, etc).

Next month, we need to lower our expenses a bit more because my wife won’t have any additional bonuses until next quarter.