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Posts tagged with: contract work

Changes on the Work Front

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Lots of change on the work front this past week. It’s a long convoluted story, but if you are new here, read this post and this post first before starting here.  It will just make more sense.

The week before Christmas, my boss made a comment that thru me for a loop, especially since I was considering myself jobless as of February 16. As I was telling him things we needed to consider for some of the development I am doing, specifically since someone else would be supporting it and he says: “well, that might be you.”

I think my jaw must have dropped to the floor. I walked off feeling very confused.

Moving Forward

I will not drag out the story or share the gory details which might have involved me crying, me saying I wasn’t coming in anymore and so on. (I was very emotional after the 7 weeks of thinking I was being fired especially with it being over the holidays.)

But it is official…I was let go as an EMPLOYEE this past Friday. And I was REHIRED on Saturday as a contract worker at the same salary, a stipend to hire some part time help and the ability to work from home on all but one day per week.

I am SO THRILLED!!!!

We are starting with a 7 week contract, which automatically renews unless either party gives 2 weeks notice.

This is My Wheelhouse

I have been a contract worker for 11 years, it’s where I’m most comfortable. I worked from home for 13 years, it’s where I’m most comfortable. And now that the kids are in school, I feel completely out of touch. This flexibility will allow me to find some way to be involved with their schooling, ie volunteer.

This truly is a better outcome then I could have ever hoped.

Financial

My salary will essentially remain the same. But I will get a small boon in that I will be paid out for the 1 week of PTO I have earned. Can you say debt payment!!! Yeah.

I must find a replacement for our vision and dental insurance which I carried through this job. But it’s paid through the end of the month and we all just got exams, cleanings, fillings, and new glasses, so I have a little time on that.

I must also create a plan for retirement savings since my 401K and match goes away. Let’s talk about that soon.

The contract is signed, I’ve already started work. Rather, I never left work. Let me know your thoughts!

One more tidbit, while I have been looking for a new job, I picked up a couple of new part time clients…so all in all, I am really happy with my job situation and loving that I get to continue to do work I really enjoy.

Meanwhile, on the more serious side of things:


Hope’s Weekly Budget – Week of Sept 24

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I use an Excel spreadsheet to track my income and expenses. I have it set up all the way through July, 2018 to keep me looking toward the future. I thought I might post every week’s budgeted items, the Friday before.  This will help keep me accountable, and give you a real life view into my financial life to advise and guide me on.

This coming week’s items are pretty self explanatory. I am at the end of my monthly grocery budget, have a few debt payment’s scheduled, the kids’ weekly allowance and our family gym monthly fee.

Groceries 25-Sep-17 -50
Debt Payment 25-Sep-17 -100
Auto-Gas 26-Sep-17 -35
Debt Payment 26-Sep-17 -100
Gym 28-Sep-17 -50
1099 Income 29-Sep-17 850
Allowance 29-Sep-17 -80
Debt Payment 29-Sep-17 -100

The 1099 income is from one of my regular income sources, I’ve been part time with this particular company going on 2 years now. It is the one I got right after I lost my full time income. It has steadily grown and I now work 25 hours a week, every week. I enjoy the work, I love my ‘bosses’ and it’s one of those jobs I can do anytime, anywhere while at the same time being flexible when I need some time away.

Today I am spending the day with my siblings. All four of them flew to Georgia with my mom for a few days. It’s the first time we’ve seen them since last Christmas when we went to Texas and the first time we’ve all been in Georgia in several years.

Let me know your thoughts on my Friday Budget posts?


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