A 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 start on this project. This time, I would like to use the extra money to go towards paying down my student loan debt, of which I currently have $8,584.94 owing.
Currently, my goal is to reach 75 hours before Christmas. 75 hours would net me an approximate $1,000 to put towards my student debt.
My work week is 37.50 hours. Due to my professional status at work, I lose any 'time' I put in between 37.50 and 40.00 hours. Essentially I give the company 2.5 hours each week (if I work extra hours). As there are 10 weeks until Christmas, I need to put in 7.50 PAYABLE hours per week - which means I actually need to work an extra 10 hours a week or an extra 2 hours every day.
Wish me luck.
Overtime Project II
Related Posts:
Overtime UpdateManaged to squeeze in a few more hours over the last few days. Today I got 2.0 rather then 2.5 due to a company function, and yesterday I got 2.5hrs. So not bad. Hopefully tomorrow I can get another 2.5.Unforutnatly, the m… Read More- Overtime UpdateAlso - I didn't realize I had carried over some vacation time from last year, so I'm going to take this Friday has a vacation day, not use my banked overtime, so I will add another 7.5 hours today, as well as any other time I… Read More
- OvertimeWow - 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… Read More
- OT - Updatewoohoo!I made it half way there (logged three more hours of OT tonight)… Read More
- Weekend UpdateWell I have found a few options for my horse that are less expensive then I originally anticipated. I THOUGHT that I would find something for around $500/month. I beleive I may be able to find somwhere to board her (with f… Read More
Good Luck! It will be worth it.
ReplyDeleteAll the best Jessie, I am sure you will do it.
ReplyDeleteYou rock girl! And you know that your supervisors truly appreciate the work you do. And that will be a nice zap to the Student Loans!
ReplyDeleteJessie,
ReplyDeleteWhy do you end up giving the company your time between 37.5 and 40.0 hours. You should be compensated for this time. At my job I'm compensated time and a half for anything over the 37.5 hours I put in as regular work. Even if it's not time and a half, you should get your regular hourly rate for those 2.5 hours.
regards,
Jason
@ Jason - I am a salaried employee - so technically they don't have to pay me anything above and beyond my annual.
ReplyDeleteDue to my professional classification where I work - that 2.5 hours is considered professional development. Any time after 40 hours is 'banked' (until I request it to be paid out)at straight time.
Ohhh, good luck. 10 hour days are not easy! :)
ReplyDelete