May 3, 2014
April 2014 Income Statement
April was great income month and a higher than normal expense month (see attached spreadsheet).
Our total income in April was $14,208.22. In addition to our regular paychecks, I received a third “extra” paycheck and my wife received a $600 auto allowance and a $100 company reimbursement for internet service. We also received $1,902 Federal tax refund, $540 State tax refund, $120 in gifts and earned $3.77 in interest income from our online savings account.
In April, we spent a total of $10,107.32. Some of the other larger, non-typical expenses include $300 for a tax accountant, $156 wife’s hair, $531.98 dinning, and $1,703.35 in household items.
May should be a good month for us to get ahead. My wife receives her quarterly bonus and a annual “wellness” bonus. Plus our daughter will be born!