In February, we had a great income month and a relatively reasonable expense month.

This month, our total net income was $18,124.05.  We received a $5,560 state tax refund and a $4,987 federal tax refund (listed as credits in our expense report).  In addition to my wife’s regular paychecks, she received her company’s highest award that provided a special bonus of $5,074.41 gross ($3,000 net).  Her company reimbursements were $166.47 this month.  We also received $3,119.82 in insurance reimbursements and earned $24.58 in interest income from our savings account.

This month, our expenses totaled $14,178.11.   Large, non-fixed expenses included $3,910.36 in clothing/accessories ($3240.41 of which was my wife’s new handbag, a gift for her amazing work performance), $485.83 for personal care, and $463.40 for medical/dental/prescriptions.

Next month, my wife will receive a 4% raise bringing her annual salary to $228,448!  She will also receive her quarterly bonus and will be able to sell company stock that has vested. She is very good (amazing) at her job!