Category Archives: Income Statement

April 2025 Income Statement

In April, we had a good income month but also a very large expense month.  My wife’s 3% raise from her promotion went into effect but we tweaked her tax withholdings, which absorbed most of the salary increase.

This month, our total net income was $11,805.29.  In addition to my wife’s regular paychecks, she received $99.99 in company reimbursements.  We also earned $51.74 in interest income from our savings accounts.

This month, our expenses totaled $18,815.99.  Large expenses included $1,843 for clothing, $1,270.92 for ski reasort season passes for next year, and $2,068 for vacations.

Next month, my wife and I will be traveling overseas for a couple weeks so our expenses will be higher than normal.

March 2025 Income Statement

In March, we had a huge income month and very large expense month.  We also finished our taxes and owe $2,190 to the fed and will receive a $3,480 refund from the state.

This month, our total net income was $53,972.30, thanks in part to my wife’s 4.26% raise from last month’s review.  In addition to my wife’s regular paychecks, she received a $52,967 gross (28,882.02 net) quarterly bonus, and $104.99 in company reimbursements.  She also sold $13,343.72 in company stock.  We earned $28.28 in interest income from our savings accounts.

This month, our expenses totaled $28,505.47.  Not too bad considering our amazing income month.  Large expenses included $7,850 for home maintenance, $2,121 for vacations, and $5,635 in giving.

Next month, my wife will receive another raise (3%) from a promotion that she received on Friday, taking her annual salary to $219,661 gross.  In addition to the raise, her target bonus total increased to $52,100 and her annual LTI stock increased to 40% of her salary ($87,864 in company stock total).

February 2025 Income Statement

In February we had a higher than normal income month and reasonable expense month.

This month, our total income was $14,460.78.  In addition to my wife’s regular paychecks, she received a surprise $3,000 award bonus and $104.99 in company reimbursements.  We also earned $23.95 in interest income from our savings accounts.

This month, our expenses totaled $10,499.64.  Large expenses included $2,029 for household items, $1,576 for groceries, and $1,042 for dining.

Next month will be huge.  My wife is one of the top performers at her company and will receive a $52,967 gross quarterly bonus, a 4.26% raise (increasing her annual salary to $213,264), and $49,082 in company stock.

January 2025 Income Statement

In January we had a regular income month and high expense month.

My wife’s paychecks returned to normal the amount with social security deducted again.  Our total income this month was $11,469.74.  In addition to my wife’s regular paychecks, she received $104.99 in company reimbursements.  We also earned $32.91 in interest income from our savings accounts.

This month, our expenses totaled $14,547.81.  Large expenses included $2,598 for vacation, $740 for insurance, $537 for clothing, and $427 for personal care items.

Next month should be a pretty standard month

December2024 Income Statement

In December, we had a great income month and an above reasonable expense month.

Our total income this month was $19,573.32.  In addition to my wife’s regular paychecks, she received $99.99 in company reimbursements.  We also earned $28.82 in interest income from our savings accounts.

This month, our expenses totaled $13,914.35.  Large expenses included $2,265.24 for tithe/giving, $469 for medical/prescriptions, and $343 for personal care items.

Next month my wife’s paychecks will be lower because her health insurance costs are going up and they will start deducting social security contributions again.

November 2024 Income Statement

In November we had an average income month and an above average expense month.

Our total income this month was $12,507.99.  In addition to my wife’s regular paychecks, she received $94.99 in company reimbursements.  We also earned $51.56 in interest income from our savings accounts.

This month, our expenses totaled $17,578.72.  Large expenses included $4,204 for dinning/groceries (holiday), $4,187 for household items, $1,141 for medical/prescriptions, and $1,082 for clothing.

Next month my wife should receive a quarterly bonus of $11,475 gross.

October 2024 Income Statement

In October we had an average income month and an average expense month.

Our total income this month was $12,543.45.  In addition to my wife’s regular paychecks, she received $109.99 in company reimbursements.  We also earned $72.02 in interest income from our savings accounts.

This month, our expenses totaled $12,641.42.  Large expenses included $545.19 for clothing, $459.46 for vacation, and $382.38 for pet care.

Next month should be another relatively typical income and expense month.

September 2024 Income Statement

In September we had an amazing income month and an good expense month, relatively speaking.

Our total income this month was $24,826.84.  In addition to my wife’s regular paychecks, she received a quarterly bonus of $19,507.50 gross ($12,204.98 net).  We also received $163.99 in company reimbursements and $56.20 in interest income from our savings accounts.

This month, our expenses totaled $14,949.39.  Large expenses included $3,531.70 for groceries/dining, $2,378.10 for giving, and $970.08 for pet care/pet insurance.

Next month should be a relatively typical income and expense month.

August 2024 Income Statement

In August, we had a excellent income month and an okay expense month.

Our total income this month was $17,878.60.  In addition to my wife’s regular paychecks, she sold some company stock for $9,018.84 gross ($5,287.36 net).  She also received $99.99 in company reimbursements and we earned $43.84 in interest income from our savings accounts.

This month, our expenses totaled $15,735.98.  Large expenses included $1,375.76 for clothing, $546.91 for gifts, and $763.08 for vacation.

Next month my wife will receive a quarterly bonus of $19,507.50 gross.

July 2024 Income Statement

In July, we had a great income month and a pretty reasonable expense month. 

Our total income this month was $12,121.80.  In addition to my wife’s regular paychecks, she sold company stock for 970.84 gross ($552.05 net).  We also received a $166 insurance check and $38.19 in interest income from our savings accounts.

This month, our expenses totaled $12,220.87.  Large expenses included $2,300 for a new pool filter, $887.40 for clothing, and $500 for downpayment on braces (we are financing the balance for 12 months at 0%).

Next month my wife should be able to sell more of her company stock.