May Income Statement

I really have to say, at this point, after doing this for a few months, that I really don't understand how we keep having such large net incomes. It isn't like we are gaining $2000 a month. I suppose it is from our bank balances, but even those aren't really that high. We each maintain about $350 in our accounts throughout the month. Maybe it is because we get paid at the end of the month, and haven't spent that money on bills yet when the statements are mailed? It does make sense that the end amount is $400 less than the beginning balances, because I think I got paid an extra $400 at the end of April, which we saved to pay for our hotel in May. I don't know... I just don't want to give the false impression that we are rolling in dough or that we aren't busting our budget every month, which we usually are.

Extra revenue: Birthday money

Expenses:
Yay low power! We over paid cable last month, so it is a little under this month. Termite due this month. I think netflix was double paid last month, or else I just missed it on my statement.

Debt:
Standard stuff here.

Variable:
Restaurant was high because we were out of town and had a couple of unplanned lunches. Most of our meals during the trip were covered by one relative or another. Supplies were high ... I have gotten into CVS ing. Unfortunately, some trips I get out of there for under $1, some are more like $20.

Additional expenses:
I spent almost $200 making my cousin's programs for her wedding, but my aunt offered later to reimburse me for that, which was great! That will show up in July, I think. The rest of the expenses for the wedding included our hotel, parking at the airport, and some last minute outfit additions.

Fund activity:
I have been struggling with how to handle planned expenses in the budget. I keep a separate spreadsheet with the tallies for our funds. Most things I just leave off altogether, like the boy who cuts our lawn, or our cleaning people (which my mom paid for as our Christmas gift). But I feel that I need to keep a true account of our expenses, and I also want to celebrate the fact that we actually were prepared for some things. The money isn't technically coming out of our monthly income, it is coming from our savings funds for that purpose. So, I have added "fund activity" at the bottom of the IS.

This month we took from two funds: I show the balance of the fund, the amount removed, and the new balance.

From repairs, we paid for our roof repair (YAY!) and also 2 new tires for my husband's car, since one was completely flat. From pet, we paid for my dog's boarding for our trip, which somehow tripled in planned amount, because he also had a checkup and some medicine added on.