Our total income for April was $7,591.52. Our regular paychecks saw a bit of an increase this month in the form of a 1% raise for me ($704.60/year) and my wife changing her filing status to M2 ($200.15 net increase per check that began her 2nd check of the month). We received $50 in credit card rewards, $43 tax refunds ($41 Fed & $2 State), a $50 gift to our baby’s 529 Plan, and earned $1.77 in interest income from our online savings account.
Well,
our downward trend of spending continues.
In March we spent a total of $7,284.95, higher than our budget of $6,070.89, but far lower than what we’ve been
spending the past 3 months: $22,902.72 in Jan., $14,038.03 in Feb., and
$9,560.04 in Mar.
May
should be a good income month, led by an “extra” third paycheck for me. This extra money should help get us back on
track somewhat. We’ve been putting off
having our security camera system installed ($850), but we may get around to it
in May.
.bmp)
3 comments:
Thank you for keeping open discussion.
I am trying to understand it better. Do you do any regular savings or pension plan contributions?
I could not find them in the table..
Financial Independence-
Thank you for the commment. Yes, we do save and contribute to our 401(k) accounts each month, but I do not include that detail in our income statement. It is, however, included in the balance sheet that I post in our networth updates
-1MansMoney
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