May was a good income month but also a high expense month (see spreadsheet screenshot).

Our total income in May was $10,815.72.  In addition to our paychecks, I received a monthly bonus of $1611.01 gross ($950.55 net) and $651.22 in auto allowance and mileage reimbursement.  My wife received $200.09 in company reimbursements.  We earned $4.18 in interest income from our savings account.

This month, we spent a total of $12,781.47.  We had ~$2,000 in additional expenses associate with selling our house (paint stuff, pool repair, moving stuff, inspector fee and appraisal fee).  They will be more to come in June as we transition to our new place.

Next month my wife should receive her quarterly bonus of ~$4K and I will get a monthly bonus of ~$2K.

April was a good income month and lower than normal expense month (see spreadsheet screenshot).

Our total income in April was $11,645.91.  In addition to our paychecks, I received a monthly bonus of $3,601.48 gross ($1,986.66 net) and $593.30 in auto allowance and mileage reimbursement.  My wife received $50 in company reimbursements.  We earned $6.27 in interest income from our savings account.

This month, we spent a total of $9,666.81.  In general, our expenses were much more in line with our budget.  Hopefully this will become a trend for us.

Next month my wife will likely be blessed with a quarterly bonus.

March was an awesome income month and high expense month (see spreadsheet screenshot).

Our total income in March was $15,231.46.  In addition to our paychecks, I received a small monthly bonus of $261.11 gross ($159.33 net) and $524.57 in auto allowance and mileage reimbursement.  My wife received $476.64 in company reimbursements.  We also received a $4,102 state tax refund and a 5,382 federal tax refund.   We earned $6.62 in interest income from our savings account.

This month, we spent a total of $15,231.46.  Some of our larger, non-typical expenses included a $1,588 vacation, $2,601 in babysitting/nanny, and we gave $1,000 to our church.

Next month I should receive a bonus of  ~$3,500 gross.  Such a blessing.

February was a low income month and high expense month (see spreadsheet screenshot).  My wife was on unemployment most of February but started a great job at the end of the month.

Our total income in January was $4,773.15.  In addition to my paychecks, I received a small monthly bonus of $276.47 gross ($166.15 net).  I also received $596.02 in auto allowance and mileage reimbursement.  My wife received $1,620.00 in unemployment.  We earned $10.72 in interest income from our savings account.

This month, we spent a total of $10,736.19.  Over twice what we made this month, thus the reason we dipped heavily into savings.  Some of our larger, non-typical expenses included $1401.09 in household items and $1,002.18 in groceries.

Next month will be my wife’s first full month at her new job.  The extra income will be a major blessing.

January was an amazing income month and high expense month (see spreadsheet screenshot).  Although my wife was laid off on December 31^st, 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.

December was a great income month and reasonable expense month (see spreadsheet screenshot). Sadly, my wife and her team were informed that they are being laid off as of 12/31/15. Thankfully, they put together a generous severance package for her.

Our total income in November was $18,110.35. In addition to our paychecks, my wife received $4,489.54 (net) for cashed in PTO and I received a monthly bonus $2,764.10 gross ($1,584.05 net). My wife also received an $800 auto allowance and a $150 in company reimbursements. I received $481.58 in auto allowance and mileage reimbursement. We also received $287 in preschool reimbursement, and earned $4.10 in interest income from our online savings account.

This month, we spent a total of $10,724.62. Relatively low compared to our income for the month. Some of our larger, non-typical expenses included $1,407 in gifts (Christmas), $1,024 in household items, and $181 in clothing.

Next month, my wife will receive a severance and bonus totaling $34K gross. We plan to bank as much of this as possible to provide us a cushion as she looks for a new job.

November was a great income month and high expense month (see spreadsheet screenshot).

Our total income in November was $18,592.90. In addition to our paychecks, my wife received a $11,500 gross ($6909.37 net) quarterly bonus. This was a huge blessing! She also received an $800 auto allowance and a $150 in company reimbursements. I received $547.35 in auto allowance and mileage reimbursement. We also received $307 in preschool reimbursement, and earned $1.35 in interest income from our online savings account.

This month, we spent a total of $12,368.07. Some of our larger, non-typical expenses included $2,219 in vacation and $699 in auto service.

Next month, I will be receiving a monthly bonus.

October was a good income month and larger than average expense month (see spreadsheet screenshot).

Our total income in October was $11,883.87. In addition to our paychecks, my wife received an $800 auto allowance and a $150 in company reimbursements. I received $649.54 in auto allowance and mileage reimbursement. We also received $276 in preschool reimbursement and earned $0.31 in interest income from our online savings account.

This month, we spent a total of $11,513.75. Some of our larger, non-typical expenses included $197 in auto service, $192 in clothing, and a $522 electric bill.

Next month, my wife should receive her quarterly bonus.

September was a good income month and lower than average expense month (see spreadsheet screenshot).

Our total income in September was $13,616.29. In addition to our paychecks, I received a $3,440.72 ($1,819 net) monthly bonus. My wife received an $800 auto allowance and a $150 in company reimbursements. I received $726.31 in auto allowance and mileage reimbursement. We also received $307 in preschool reimbursement, and earned $0.20 in interest income from our online savings account.

This month, we spent a total of $10,398.44. Some of our larger, non-typical expenses included $1,179 in groceries, $489 in household items, and a $695.06 electric bill.

Next month, my wife should receive a ~$6,000 bonus, which will help us get our savings back on track.

August was a huge income month and huge expense month (see spreadsheet screenshot).

Our total income in August was $19,906.25. In addition to our paychecks, my wife received a $12,500 ($6,283.77 net) quarterly bonus and I received a $4,700 ($2,222.94 net) monthly bonus. My wife received an $800 auto allowance and a $834.64 in misc company reimbursements. I received $661.99 in auto allowance and mileage reimbursement. We also received $307 in preschool reimbursement, and earned $0.19 in interest income from our online savings account.

This month, we spent a total of $17,239.07. Some of our larger, non-typical expenses included $1,811.71 in groceries, $3,448.60 in household items, and $558.76 in dinning.

Next month, my wife and I have resolved to get our expenses down…way down.