This year, I missed the mark which means I got a decent sized refund this month.
The refund essentially means that my expenses in 2016 were too high and my savings rate was higher that I had calculated it.
Still, it'd be a huge task to go back and recalculate everything there which means I'm left with my second option; to look at it as additional income in 2017 and move on. It's not the most correct way to do it but it is the easiest and I'm always a fan of that.
I wasn't expecting March to be the highest of months as I had some known expenses here but the refund certainly changes that expectation.
Let's take a look at the gross income breakdown for March.