The Job Dilemma - The Resolution | Work

The Job Dilemma - The Resolution

{ January 28th, 2008 }

It has been about three weeks since my wife talked to her boss about cutting back her hours so that she can focus on other things. Our fears about how the boss would react were groundless - everything turned out splendidly. My wife’s boss recognized my wife’s wishes without any fireworks and an agreement was easily and quickly struck. So starting next week my wife will only need to go into work four days a week for half of the day. Can you say awesome?

This development is going to change up some of our numbers. When I first calculated our 2008 expected income and expenses I anticipated that my wife would work a 20 hour work week instead of the 16 hour week she will be working now. This is changing our expected take home pay by about $1000 over the course of the year (given that she has worked at a full time clip over the course of this month). As a result, our short fall for desired savings goals is now estimated at -$3,830 from -$2,870. I am banking on the proposed economic stimulus package to make up the difference, but aside from that I don’t really see how finding and extra $4,000 dollars is any less possible than finding an extra $3,000. I know we will find a way to get it done. Here is the link to the updated post regarding our Annualized Expenses and Income.

Other Posts in this series (in order of appearance):
Jobs, Can’t Live With ‘em …
The Job Dilemma - The Numbers
The Job Dilemma - My Wife’s Potential Income
The Job Dilemma - The Decision
The Job Dilemma - The Resolution

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The Job Dilemma - The Decision

My wife and I decided that it will be best for the family if she cuts back on the hours she spends at her job and begins to focus on some other things in order to get ready for an upcoming pregnancy. It was a hard discussion for my wife because she felt guilty ...

The Job Dilemma - My Wife’s Potential Income

Another thing about my wife’s job is that we don’t really know how much she makes. Crazy, isn’t it. I mean we know what she gets from her paychecks, but her hourly wage is somewhat of a mystery to us (and more specifically to me). She used to get paid a flat ...

Jobs, Can’t Live With ‘em …

My wife and I are beginning to look into what capacity she should remain on at her job. Her job is one of those things that isn’t too terrible, but the long attrition of minor inconveniences and annoyances is taking its toll. Her boss is sweet but can be extremely controlling. The ...

The Job Dilemma - The Numbers

The other day I posted that I was going to hit the books and do some analysis of my family’s financial situation. Here is some of the raw data that we are working with: So as it stand, we have we run into a $130 deficit given our current spending and saving habits combined with an ...

Projected 2008 Annual Income and Annualized Expenses

In preparation for the new year I have put together some conservative estimates to help us get a better understanding of what our financial outlook is for 2008. I’ve posted the results on the sidebar just below our net worth calculations to be a constant reminder for myself that the road before us ...