7/10/2009

Overtime

Wow - I've posted a lot about this lately. oh well.

So, I'm going to request a 30 hour OT payout for the next pay period (July 24, 3009). Then on that pay date, I should have about another 30 that I can request. I'm tired of waiting, and I really want to see some $$ for all of my extra work.

In two weeks, I'll let you know how much extra funds I actually get and update you on my VISA progress.

*edit

I couldn't help myself - I went to the CRA website and looked up their Payroll Deductions Online Calculator.

According to them (which i figure is pretty accurate) I'll get abooout an extra $300 because of the masses of deductions that an extra 30 hours gives me (pushes me into a higher tax bracket).

*sigh.... half, I'm losing half. If taxes and deductions didn't exist I would get $602.

But - $300, is $300 - and it will help. I'll keep putting in OT and hopefully beat this credit card beast down.

Related Posts:

  • Overtime Project IIA few months ago, I embarked on an overtime project.  My goal was to 'make more money' to help pay down my credit card debt.  Another filling project has come up at work (oh joy) and one of my October goals is to st… Read More
  • Overtime UpdatePhew - it's been a crazy week, both on the work front and the home front - and it's only Wednesday! I've just hit the 40 hour mark today (including 7.5 hrs for both Thurs/Friday).  So any time I work above and beyond my… Read More
  • Overtime UpdateI managed to bank an extra 5.25 hours this past week - slowly but surely I'm getting there.… Read More
  • Project: OvertimeSo far, I feel a little behind on the OT for this week. I've banked another 4.5 hours so far. If I want to meet my target of 10 hours I need another 2.75 for Thursday and Friday. I beleive that I'll be getting up at 5:30, n… Read More
  • Slow OT start this week...When I commit to putting in some serious OT at work, I like to get the first 2.5 hours out of the way on Monday.  That way, the rest of the week is all banked time.  Unfortunatly, Jordan and I slept in this morning … Read More

3 comments:

  1. I HATE that!!! Ugh. Hopefully you'll see that other $300 around tax time? But probably not. :(

    I remember when I used to work OT, I would figure out exactly how much OT would bump me into the next tax bracket - and work just under. lol.

    But you're right $300 will do good damage on that Visa!

    ReplyDelete
  2. Sorry, this is off-topic, but I remembered something about crafts. If you have a Micheal's near you I would sign up for their email program, they regularly send me coupons for 30-50% off and I know they have craft supplies.

    ReplyDelete

Hi! Thank you for stopping by and leaving a message.

Links ♥

Followers