11/19/2012

a Pleasant Surprise

Never have I, nor has Jordan, experienced what we did this past Friday.

I mentioned in my last post that we knew the second part of his raise had finally been approved albeit six weeks late.   We weren't actually expecting it to be processed so fast - but it was - but the real surprise is how much it was.

I pride myself on being able to run the numbers and figure out within about 10 cents what our net will be when we get a raise - and I was off by quite a bit.  When I got to my spreadsheets I realized that Jordan didn't get a raise to $50,000 he got a raise to $51,600.

He's salaried - but for hourly folks that's a difference of $24.04/hour vs $24.81/hour.

Gross Monthly it's a difference of $166/month vs $300/month.

At the end of the day Jordan will take home an extra $33.63/pay or $874.38 over the course of the year.

Related Posts:

  • Credit Card Pay Off PlanHere go...round three? (ding - ding - ding) We currently owe just over $4,500 on our credit card..again.  Below are the months for the rest of the year and the debt pay offs that we're committed to each month. &nb… Read More
  • Allowances Do you have them? When Jordan I merged our finances a couple years ago, we maintained our personal chequing accounts.  We thought that it would good to have some money available each month that we were only accoun… Read More
  • Credit Card Debt UpdateAfter finishing yesterday's post, we updated all of our spreadsheets and numbers to account for no more auto-debits to our emergency and gift funds which meant we freed up some monthly cash flow to go towards our credit card … Read More
  • PrioritiesThey change. Sometimes they don't change very often, sometimes they do.  Sometimes events happen in our life that have us call into question the path that we're on and require some thought about the fork in the road. I… Read More
  • March Monthly Spend ReportSo it's a little late, but here is the monthly spend report for March.  March was the month that we transitioned to The New Plan so about half our spending was on the credit card, and the other half was using our ne… Read More

1 comment:

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

Links ♥

Followers