Thank you for the comment!

Your point about our high expense months is fair. My justification for calling them “high” expense months is that they are high relative to our target of $10K/month.

Most of our expenses are charged to our credit cards in order to maximize our rewards. I note them on our income statement in the month they post to our credit cards online, however, we may not actually pay that particular credit card bill until the following month when it is due. This float helps our cash flow but can make the income statements a little wonky when we use cash from the next month to pay off a charge from this month. If that’s not confusing enough, I will also prepay bills sometimes if we have a good income month. For example, our $802 boat property tax bill was due in August, but I actually paid it in July since we had a surplus of cash. Unlike our credit card charges that I add to our income statement in the month they post to our credit cards online, bills paid with cash I do not add to the income statement until the month they are due. Weird, I know, but it helps me when I look back on previous years to be able to quickly see our boat property tax bill each August.

Household is a catch all for items that do not fall into any of my other categories. Stuff like cleaning/grooming supplies, paper products, school items, supplements, kids’ toys, batteries, etc. It has grown to such a large number that I should break out some of the larger purchases into their own category but just haven’t had the time.

Thanks for reading!

Also, you don’t seem to be concerned about running a deficit with such high spending. Is there something else in the picture (inheritance, etc) which makes you comfortable?

Lastly, what does the category of household items include?
Thanks again!