Since July of last year, I have gone from a significant and steady full time income to 7 months at a 30% reduction from that full time number.
On February 23rd, I became unemployed with income of just a few hundred dollars for that next month.
In mid-March, I started a part time job at $25 per hour, less than a 1/3 of my typical hourly rate. Bringing in right around $2,000 per month. (I do have to say that I LOVE this job. Very, very much. And I love the owner whom I get to work with. It has been such a refreshing change for me. And I come to an office every day.)
And then last week, took on another part time job at $40 per hour a little less than 2/3 of my typical hourly rate. (No payment yet.)
But with all that said…the reserves are completely dry. And as of last week, I am late on my first bill after 9 months of being under and un-employed.
And I have to say, I am not worried. I know this will all work out.
But my gut reaction…I am so freaking proud of myself! Anyone who has followed me knows that my financial life, especially when it comes to have savings has been a nightmare for the most part. But guys, I had enough in savings to make it through 9 months.
I’m continuing to look for side work, pick up website design for people, and applying via Upwork for contract/freelance gigs.
Less to worry about
Another side of this is that my obligations are lessening. The twins have moved away, back to Virginia. Princess is pretty much supporting herself. And we are just six weeks away from Gymnast moving.
Oh, and my sister visited and fell in love with one of my dogs…so I have gone from 7 dogs, to 6 (Princess’ Chihuahua passed a month-ish ago), and now to 5.
I know these are not significate cost savings for me. But they are definitely burdens off my shoulders mentally. And that helps. Turning the corner and my best not to dig too deep of a hole while I get back on my feet.
Read more from Hope
Hope’s First post on BAD – March, 2014
Hope’s Most Recent post on BAD (before this one) – April, 2023
The Adoption Story – April, 2014
Hope is a digital marketing manager and foster/adoptive single mom to five kids. She has run her own consulting company for over 15 years and took a leap of faith returning to the corporate world in 2021 to a job and team she loves! Hope began sharing her journey with the BAD community in the Spring of 2015 and feels like she has finally mastered the balance between family first and wise financial decisions.