Employment!

As expected, my husband was offered his old job back. He will start January 4th.

For the first time in two and a half months, I’m going to sleep very well.

Looks like we can start to chip away at our debt again. Woo Hoo!!

Posted by Beks on December 22, 2009 at 10:13 PM in Debt Updates, job loss | 27 Comments »
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Edwin responded:
Posted: December 22nd, 2009 at 10:59 pm
Congrats! It’s always such a massive relief when you get more financially stable.
Tamara responded:
Posted: December 22nd, 2009 at 11:08 pm
Awesome news! I’ve been hoping all day for you
Susan responded:
Posted: December 22nd, 2009 at 11:13 pm
Congratulations, Beks! Great news! I don’t usually comment but I’m a faithful reader.
Cynthia responded:
Posted: December 22nd, 2009 at 11:37 pm
Yay! What a sweet Christmas gift indeed!
Anon responded:
Posted: December 22nd, 2009 at 11:49 pm
That’s wonderful! Make sure you build a healthy emergency fund before you start paying down debt again. I’m not sure the economy’s in the clear yet.
Nicole responded:
Posted: December 23rd, 2009 at 2:54 am
Now that’s how you celebrate Christmas! What a blessing!
Melanie responded:
Posted: December 23rd, 2009 at 7:23 am
Congrats!! I know that’s such a relief:)
Mona responded:
Posted: December 23rd, 2009 at 7:28 am
Count your blessings!

Have a happy new year!

Woohoo!
brooklynchick responded:
Posted: December 23rd, 2009 at 7:49 am
YAY! MERRY CHRISTMAS!!!!!!! So exciting and what a relief. PHEW.
PH responded:
Posted: December 23rd, 2009 at 9:05 am
oh wow! That’s fantastic news! Merry Christmas!
Susan responded:
Posted: December 23rd, 2009 at 9:12 am
Congratulations – that’s wonderful news! And what a nice holiday gift! My suggestion FWIW – financially, act like he didn’t get his job back. Continue to scrimp and save for a few months so that you have a nice comfortable emergency fund (my personal goal – enough money to live – bare bones living – for a year). Money in the bank is never a bad thing.
Caitlin responded:
Posted: December 23rd, 2009 at 9:29 am
Congratulations! This is such great news for you guys!

I really like Susan’s suggestion of financially acting like the job isn’t there. Or maybe, act like he’s only bringing in 15% of his salary or something. That way, you can get the essentials, but won’t be tempted to buy luxuries (even the small ones that seem so innocent at the time).
I know how easy it can be to fall into the trap of “but we’ve done without ____ for so long, we deserve to have just one now” and before long all the money is gone again.
Lizzie responded:
Posted: December 23rd, 2009 at 9:44 am
So happy for you!!! Now, go get some sleep, girl !
Debra responded:
Posted: December 23rd, 2009 at 10:18 am
Congrats! and Merry Christmas!!!!

Debra
Dayna responded:
Posted: December 23rd, 2009 at 10:39 am
As the wife of a man who was unemployed for about 2 1/2 months this summer, I am thrilled for you! Now you can enjoy the holiday without the stress of no job hanging over your heads.
Jen responded:
Posted: December 23rd, 2009 at 11:04 am
Awesome!!!! Talk about Happy Holidays!

I agree with others suggesting you save extra money. The economy is so shaky right now it’d make sense to save up extra money, even at the expense of paying more towards debt. After all, he already got laid off once – it could happen again

I forgot how much you have in your emergency fund, but I would aggressively save for at least 6 months worth of living expenses. After that, then I’d split extra money between the emergency fund and debt, with maybe a little for extras – 45% savings, 45% debt, and 10% fun. If you can end up with a years worth saved, then you’d have a very good cushion and I bet it’d go a long way to making you feel more secure.
Isela responded:
Posted: December 23rd, 2009 at 12:04 pm
Congratulations! This is the best way to start the new year. Merry Christmas to both of you!
Karen responded:
Posted: December 23rd, 2009 at 12:29 pm
Excellent! I lost half my pay and hours from May through October so I understand a little of what you were going through. We were able to use the uncertainty as an incentive to beef up our emergency account so we are actually in better financial shape now than before!

I wish you a very merry Christmas and a happy New Year, Becky! Get some sleep, OK?
Janelle responded:
Posted: December 23rd, 2009 at 1:30 pm
Merry Christmas! Now that is one great gift!
Sallie's Niece responded:
Posted: December 23rd, 2009 at 1:54 pm
Thanks awesome!
T'Pol responded:
Posted: December 23rd, 2009 at 4:08 pm
Congrats! What a wonderful Christmas gift for you guys! I hope I find a job pretty soon too. I keep praying and hoping…
Megan responded:
Posted: December 23rd, 2009 at 4:35 pm
What a wonderful Christmas gift!!! Here’s to nights of peaceful, restful sleep in 2010 and beyond!
Jean responded:
Posted: December 23rd, 2009 at 5:15 pm
Great news – what better Christmas gift could you ask for?

But I have to agree w/some of the other commenters – if the job situation is still tenuous, you might want to consider building up your emergency fund and not throw so much $$ @ your debt, esp if you think it would help you sleep better @ night to have more of a cushion.

Merry Christmas!
Bucksome responded:
Posted: December 23rd, 2009 at 6:42 pm
What a relief to you. I’m sure your
holidays will be more joyous knowing there’s going to be another regular check coming in.
Dogfood Provider responded:
Posted: December 24th, 2009 at 1:40 pm
Hooray! Now you can slow from sprint speed to marathon speed for a while. Of course, even marathoners stop to grab a banana and some H2O on the side of the course now and again.
Mar responded:
Posted: December 26th, 2009 at 8:13 pm
Congratulations – what wonderful news. I’m really happy for you!
Michelle H. responded:
Posted: December 28th, 2009 at 3:16 pm
I’m so glad to hear this! Many blessings!