In July, we had our best income month ever! As I mentioned in our June net worth update, wife’s company had been restructuring and she accepted the severance package because she found a new position with another company making a 10% higher salary.

Our total income in July was $88,132.45!  In addition to our regular paychecks, I received a monthly and quarterly bonus of $4,964.00 gross ($2,725.04 net).  More importantly, my wife’s received a $72,614.24 severance/cashed out vacation check plus an unexpected $4,400 gross ($2,925.72 net) bonus from her old company!  Plus, we earned $13.23 in interest income from our savings accounts.

This month, our expenses totaled $56,933.41!  Wow, that was hard to type lol.  Large expenses included $27,371.92 to pay off Car 2, $12,400 in in home improvements, $1,673.22 boat repair and $1,446.36 in furniture. Next month, my wife should be able to cash out her stock options from her old company (~$30K). 

In June, we had an amazing income month but we also had a huge expense month (see spreadsheet screenshot). 

Our total income in June was $16,493.11.  In addition to our regular paychecks, I received a monthly bonus of $1,968.00 gross ($1,080.36 net) and my wife received a quarterly bonus of $9,375 gross ($4,895.28 net). My wife also received a $168.66 auto allowance / mileage reimbursements, and $58.99 in internet reimbursements.  We also earned $9.38 in interest income from our savings accounts.

This month, our expenses totaled $34,205.10.  Absolutely crazy, I know. We’ve been doing a number of improvements to our home. Large expenses included $14,594.97 in home improvements, $3,067.53 in furniture and  $6,575.15 in household items.

My wife separated from her company in mid June and started a new job at the end of June.  We thought she would receive a large payout from her old company in June but it looks like it will arrive in July.  She should receive a severance (~$95K), cashing out stock options (~$30K) and cashing out vacation time (~$11K).

In May, we had another great income month but a large expense month considering the income (see spreadsheet screenshot). 

Our total income in May was $11,589.40.  In addition to our regular paychecks, I received a third “extra” paycheck and a monthly bonus of $1,947.00 gross ($1,068.81 net).  My wife also received a $168.66 auto allowance / mileage reimbursements, and $58.99 in internet reimbursements.

This month, our expenses totaled only $15,460.79.  Large expenses included a $551.45 in phones/phone service, $1,150 in boat repairs, $1,623.51 in home maintenance.

Next month may be a massive month for us as my wife begins a new job at the end of the month making $15K more per year.  If it goes as planned, her old company will be paying her a large severance (~$95K), cashing out her stock options (~$30K), cashing out her 4 weeks of vacation (~$11K) and fully vesting her 401(K) company match (~$30K).  On top of all of that, she should receive a nice bonus (~$9K). Praying it all works out.

In April, we had an another great income month and a reasonable expense month considering the income (see spreadsheet screenshot).

Our total income in April was $23,352.37.  In addition to our regular paychecks, I received a monthly and quarterly bonus of $5,003 gross ($2746.44 net) and my wife received a bonus of $2,500 gross ($1,556.79 net).  My wife also received $2,500 in child care reimbursement, $168.66 auto allowance / mileage reimbursements and $46.99 in internet reimbursements. My wife sold company stock worth $6,028.14.  We also earned $12.91 in interest income from our savings accounts.

This month, our expenses totaled only $12,409.20.  Since we had more time at home due to the coronavirus shelter in place order, we spent $586.70 on home improvements.  We also bought our son a laptop for home school $717.74.

Next month my wife should be a typical income month.  Hopefully staying home will help us keep our expenses down.

In March, we had an awesome income month and a reasonable expense month considering the income (see spreadsheet screenshot).

Our total income in March was $29,578.19.  In addition to our regular paychecks, I received a monthly bonus of $1,811.88 gross ($994.65 net) and my wife received a bonus of $18,649.36 gross ($14,352.39 net).  My wife also received $646.57 in auto allowance / mileage reimbursements, $300 in gift credit cards and $46.99 in internet reimbursements.  We received a state tax refund of $4,822.  We also earned $11.19 in interest income from our savings accounts.

This month, our expenses totaled $21,293.93.  Because of the coronavirus, we stocked up on food and essentials this month.  Some big ticket items include $3,886 for groceries, $2,356 for household items and $762 in home maintenance.

Next month my wife should receive a discretionary bonus from her company.

In February, we had a good income month and a good (relatively low) expense month (see spreadsheet screenshot).

Our total income in February was $14,424.37.  In addition to our regular paychecks, I received a monthly bonus of $2,075 gross ($1,139.08 net) and my wife received an award bonus of $3,383 gross ($2,000 net).  My wife also received $509.50 in auto allowance / mileage reimbursements and $46.99 in internet reimbursements.  We also earned $15.44 in interest income from our savings accounts.

This month, our expenses totaled $14,131.27.  Some big ticket items include $1,014.08 in auto insurance, $340 in car servicing (brakes) and $396 in prescriptions.

Next month my wife should receive a $10K-$20K bonus from her company.

In January, we had a good income month and but also a high expense month (see spreadsheet screenshot).

Our total income in January was $14,652.22.  In addition to our regular paychecks, I received a monthly and quarterly bonus $5,100 gross ($2,799.70 net) and my wife received a discretionary bonus of $1,000 gross ($533.69 net).  My wife also received $1,072.85 in auto allowance / mileage reimbursements, $600 in gym reimbursements and $46.99 in internet reimbursements.  We also earned $19.32 in interest income from our savings accounts.

This month, our expenses totaled $16,369.68, meaning we spent more than we earned.  Never a good thing.  Big ticket items include $1,326 in gym memberships, $685 in life insurance and $648 in vacation

Next month is a bit of a question mark.  We have been in the process of a home insurance claim and could possibly receive a decent chunk of money for repairs.

In December, we had one of our largest income months ever and a reasonable expense month too, considering our income (see spreadsheet screenshot). Thank God for our blessings!

Our total income in December was an amazing $32,598.24!  This was our 3^rd largest income month ever (larger months were: $37,327.14 in Feb 2014 and $35,641.77 in Sept 2017). In addition to our regular paychecks, I received a monthly bonus of $1,950 gross ($1,084.39 net) and my wife received a quarterly bonus of $19,500 gross ($11,806.56 net).  My wife also received $825.48 in auto allowance / mileage reimbursements and $46.99 in internet reimbursements.  To top it off, we sold some of my wife’s company stock for $11,052 gross ($7,410.72 gross).  We also earned $13.41 in interest income from our savings accounts.

This month, our expenses totaled $18.321.50.  That is a big expense month but still pretty reasonable considering this months income.  Big ticket items include $2,250 in tithing, $2,099 in household items and $728 in doctor visits and prescriptions

Next month begins a new year and with it, we should have a good income month due to my quarterly bonus.

In November, we were blessed with a strong income month and a reasonable expense month (see spreadsheet screenshot).

Our total income in November was $14,794.99.  In addition to our regular paychecks, I received a third “extra” paycheck and a monthly bonus of $1,950 gross ($1,084.39 net).  My wife also received $651.21 in auto allowance / mileage reimbursements and $46.99 in internet reimbursements.  We earned $7.96 in interest income from our savings accounts.

This month, our expenses totaled $12,822.75.  It was nice that our expenses were at a reasonable level again.  Big ticket items include $608 in clothing, $340 in eyebrow microblading, and $103 in gifts.

Next month, our expenses will probably be higher due to Christmas and travel but my wife should receive a $1,000 bonus and we plan to sell some of her company stock for ~$7,000.

In October, we were blessed with a great income month and a reasonable expense month (see spreadsheet screenshot).

Our total income in October was $15,753.12.  In addition to our regular paychecks, I received a monthly and quarterly bonus of $5,100 gross ($2,836.11 net).  My wife also received $1,451.28 in auto allowance / mileage reimbursements and $46.99 in internet reimbursements.  We earned $8.06 in interest income from our savings accounts.

This month, our expenses totaled $13,072.92.  It was nice to get our expenses back down to a somewhat more reasonable level.  Big ticket items include $702 in boat insurance, $206 in doctor visits/medicine, and $239 in entertainment.

Next month, our expenses will probably be higher due to Christmas but my wife should receive a $1,000 bonus.