June 3, 2014

May 2014 Income Statement

May was another great income month and a higher than normal expense month (see attached spreadsheet).

Our total income in May was $17,802.05. In addition to our regular paychecks, my wife earned a $13,140.00 gross ($7,080.03 net) quarterly bonus and received annual wellness check $1,000.00 gross ($985.45 net).  She also received an $800 auto allowance and a $100 company reimbursement for internet service.  We sold a video game system for $100 and earned $2.77 in interest income from our online savings account.

In May, we spent a total of $10,680.52.  Some of the other larger, non-typical expenses include $1,695 cord blood banking for daughter and $400 for tax on old bonus credit card.

June will be interesting.  My wife had our baby at the end of May and will be on disability for 3 months.  The weekly disability checks should be ~$1,075.  As a result, we’ll have to limit our spending a bit.

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