February income statement

February income statement

Revenue

I got an extra week's pay in one of my paychecks. My husband deposited some birthday money. I believe some of the bank balance is for our March mortgage, but I am not quite sure. It just seems high to me.

Fixed

Power was super high. Just look at that. Ugh. We had some snow and some very cold days. We are finally seeing the lowered cable price, though that does include a partial refund for the month, so future cable should be around $80. I still think that is super high for the basic stuff. We had our termite bill for the quarter.

Debt repayment

Just when I thought #2 was paid, it hit me with a $5 interest charge from the previous month. I now have that paid off again. I own my carpet (#3). We paid off most of cc#4 which is my main card. I was going to pay the whole thing, but then the fiasco with the roof, and I opted to save some money for that instead. That was a very hard decision to make. Minimums to all else.

Variable

Most of these are discussed in the cash jar post. Some highlights: Pet. Is very high, because we adopted our dog, and purchased items for him. This figure includes the money we also still set aside for the pet jar. The only thing I can say for myself, is I did that all with cash. Mostly money from my extra paycheck that month. We bought our convention tickets for this summer, so that is set. Bank fees are finance charges. Other than the dog, we really stuck to (or below) our budget for this month.

Savings

We added $120 to the sinking fund from the cash jars for the month. We saved $500 towards our roof repair, instead of paying off a credit card.

Looking back, I am not sure I calculated the bank balances properly, and we way overspent on the pet category (and power!) but we came out positive and did really well overall, I think.