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Archive for March, 2012

Pay Raise?

March 28th, 2012 at 07:05 am

So I just found out that the 2 pay raises I was counting on are not going to happen because they changed my funding. It's overly complicated, like all educational payroll seems to be, but I still ended up earning an additional $200 a month. So instead of earning a pay raise through hard work and progressing in my PhD, I earned it through dumb luck and some fancy accounting. Whatever, I'm not complaining.

DH and I have been going back and forth about childcare for our daughter. Since we don't know what his work situation will be like next year, specifically if he will be able to work from home part time, we don't know when we will need daycare. My University offers subsidized daycare to the children of students so I'm going to apply for that now that I know my pay situation, but I'm not sure if they offer occasional or only full time daycare. Otherwise it might be cheaper to just go with outside daycare even if it is unsubsidized.

Finally, DH has all but decided to start his administrative credential. His work offers $5000 per calendar year in education reimbursements. He is trying to decide between a traditional 15 month program which would end up costing us nothing and an 8 month online program that would cost us $2700. I'm partial to the online program since it will get him his credential by April 2013 in time for applications rather than November 2013 when it is too late to apply. Plus then he can work from home on his credential rather than going to a physical campus so he can possibly watch the baby or help me out.

2nd Pay Raise & Lease Termination

March 21st, 2012 at 11:43 am

So I passed my dissertation proposal last Thursday and today I turned in all my paperwork. This means I have Advanced to Candidacy and have earned another pay raise! My net increase should around $200 /month. This will all go into savings until the baby comes! Yay!

In other news we had our lease inspection for our upcoming termination date. We won't owe anything upon turning in the car. Leasing a car really was a decent move for us since we knew we would be having a baby in 3 years and would want to change cars. Still if ZipCar had existed back then I would much rather have that.

So in April we will:
1) Earn $200 extra income
2) Redirect $200 lease payment to annual savings (for future cars)
3) Lower our insurance rate & get a refund
4) Start ZipCar with the $25 annual fee

Life is pretty exciting right now.