DH goes and gets himself a 9% raise, lol. The big issue with that is not the salary change but the calculation change for bonus and overtime. Base alone, that is another $5k per year. Though to be fair, they are changing the bonus structure here shortly in a way that will benefit us so I was never going to get an idea on those. However, this does mean that funding the EF might just be possible this year.
I currently think this will be around an extra $250 per paycheck (ignoring bonuses). It does not actually change anything before June though. The big difference is that the student loan payoff will move to August. At that point, I will probably have to ask myself if I would like to max my 401k for the year (because I don't have enough savings goals for this year) as it will be doable at that point.
Just when I was starting to understand our income
March 20th, 2013 at 01:39 pm
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