We had our best income month ever in June ($14,358.74 total), but ended up spending a good deal too (click on spreadsheet below).

We were shocked to receive a $4,470 class action settlement from my wife’s old company at the end of June. This was a windfall was a total blessing. In addition to our regular paychecks, I received a third “extra” check in June and my wife received a $25 reimbursement from her company for internet. We earned $125 in credit card & hotel rewards and made $90 selling items on craigslist. We also earned $21.11 in interest income from our savings.

Our expenses were high in June, totaling $8,633.86. This included: $1,464.90 for auto insurance (Cars 2 & 3), $376.82 for rental insurance, $447.59 for Cobra insurance, and of course, more baby items.

July will be another great income month (>$10K) thanks to a third “extra” paycheck that my wife will receive. It could also be a pretty reasonable expense month even though we have a few good size bills to pay: $233 for 6 months of life insurance premiums (Husband & Wife), $400 for a 50% prepayment to our doula, and a $327 traffic ticket.

May was a very good income month and an relatively low expense month (click on spreadsheet below).

This was my wife’s first full month at her new job. She takes home $2,142.21 (net) each bi-weekly check. That’s a total of $444.84 per check more than her previous company! In addition to our salaries, my wife received a $45 reimbursement from her company for internet. We earned $20 in credit card rewards, received a $100 gift from my parents, and sold an old GPS for $40. We also earned $19.34 in interest income from our savings.

Our expenses were pretty reasonable, at a total of $5,708.25. We have worked hard to spend less and save more and were very successful in May. It helped that both my wife and I were traveling on business part of the month. Some of the larger expenses in May were: $223.80 for cobra insurance, $285.49 in clothing, and $424.01 for a little vacation.

I wish I could say we will carry over our low expense level into June, however, we have some large bills due. We have to pay $1,464.90 for auto insurance (Cars 2 & 3), $376.82 in rental insurance, and $447.59 in Cobra insurance. Thankfully, I will be receiving a third “extra” check for $1,781.07 in June.

April, for how chaotic it was financially, ended up looking pretty benign on paper. Our bottom line income and expenses remained pretty typical (click on spreadsheet below).

This was a transition month, with my wife leaving one company to join another company for a higher paying position. Because of this, she only received one (much larger) paycheck in April. In addition to our salaries, my wife received $1,037.55 for her cashed out vacation, and a $75 reimbursement from her old company for her cell phone. We earned $100 in credit card rewards, sold a table for $50 and received a $2,325 tax refund ($2,155 Federal & $170 State). We also earned $16.63 in interest income from our savings.

Our expenses were much lower than the insane spending we had in March, but still high at a total of $6227.99. Some of the larger items were: $447.59 for cobra insurance, $763.50 in vet bills, and of course more baby stuff.

May should be an interesting month. It will be my wife’s first full month employed at her new company. We will also both be traveling for business in May, so hopefully our expenses will be lower than normal (living on the company dime).

As expected, March was a “spendy” month and a relatively standard income (click on spreadsheet below).

In addition to our paychecks, my wife received two $75 company reimbursements (Feb & March) and we earned $125 in credit card rewards We also earned $15.47 in interest income from our savings.

Our expenses totaled a whopping $11,033.55! Some of the larger items were: $2,954.60 for paying off the student loan, $346 registration for cars, $205.40 flight to see family, $119.42 hotel, $523 pet care (vet), and a lot on “nesting” for our baby.

April should be a very good income month. In addition to my wife starting her new job, she also receives gets paid for her remaining vacation time (5 days). Plus, we will receive a combined Federal and State refund of $2,325. No large expenses are forecast for April.