August 1, 2009

July 2009 Income Statement

We did a great job of keeping our spending down and bringing money in this month (click on spreadsheet below), that's $1,200 less than last month.


We only spent $5,214.45 this month. That includes $233.50 for 6 months prepaid life insurance for my wife and I, $120.09 on gifts, $149.34 for the 4th of July, and $47.88 on a new tire (pro-rated).


In addition to our regular salaries, I received a third “extra” check, my wife received her $110 company internet and cell phone reimbursements, our old insurance company gave us a $371 refund, and we earned $25.00 in credit card rewards. We also earned $6.50 in interest income from our online savings account.


Next month should be a pretty standard income month, but we may have a couple of large expenses.


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