December was a big income month for us. In fact, it was our 2nd largest yet at $11,210.81 (click on spreadsheet below).
In addition to our regular paychecks, I received a third "extra" paycheck and my wife received a huge $3,544.00 quarterly bonus ($2,028.95 net). We also received a $184.99 eye insurance refund, $150 reimbursement from my wife’s company, and we sold our 15 shares of Toyota Motor Corp stock for $47.40 gain. We also earned $31.22 in interest income on our savings account.
Even with the holidays, we were able to keep our expenses very much in line. Our cell phone bill was higher than usual and my wife had a few doctor visits, but no real large expenses. In fact, if you subtract out the extra $305 we tithed from my wife’s bonus check, we were right on par with our budget.
Next month, my wife will be unemployed, so our income will drop significantly. We have planned to dramatically reduce our expenses to ensure we don't have to tap into our savings for a few months.