It’s Wednesday. I’m early on the How We Spent It so it’s really a How We Will Spend It. We get checks on Wednesday but they’re dated for Friday but CapitalOne360 lets me deposit on Thursday and clears the check on Friday which is fantastic, by the way. So I have the check and am posting about it today even though I’ll deposit it tomorrow and it will be technically spent on Friday.
Timing is the most difficult part of personal finance for me.
That being said, let’s begin!
Wow. Wow! WowWowWow!!!
Remember in the last post where I said that Mr. Brickie’s boss was happy with him and there was this vague, out-there possibility he could get bumped to 70% with a raise?
It was on this paycheck. It already happened, we just didn’t find out until today. That whole conversation was to prepare him so he wouldn’t be shocked when he saw his rate was ≈$4 higher per hour.
So his 48 hour check (yea! overtime!) was $1171.93 – the first time he’s made over a thousand dollars in a week since that one week he worked 60 hours last season. I’m totally blown away.
It’s only for this company. He is still a 60% apprentice officially until he has the hours to be 70% for real in about two months. Mr. Brickie thinks this is an incentive for him to stay with this company because bricklayers are becoming hard to find and when bricklayers become hard to find, good quality bricklayers get paid not to leave for another company that might be closer to home or whatever. (Lucky for me, Mr. Brickie has been going to all those union meetings since the beginning where the old timers talked about the “good old days” during those lean years when he started so he was able to remember some of those stories for me!)
It feels wonderful. I feel like we have been given such a gift. Yes, it was his hard work and positive attitude that got us here, but he had to be at the right company at the right time around people that noticed and were willing to pay him more for that hard work.
I want to climb on the roof and scream #SOBLESSED all non-ironically and then laugh at myself for doing it. Mostly because you know I would actually scream, “HashtagSoBlessed!!!” as all one word. I mean do it right or don’t do it at all. Of course if I did I would probably fall off the roof and become one of those living warnings of what not to do when something goes good in your life.
The goal with the money bump, of course, is to pay off credit card debt.
Friday when this check clears I’m paying off the amazon store card and then starting to pay off the oh-so-old capital one platinum card that’s at just under $1200. If I can get that paid off then I’ll move on to the “put my bills on it” amazon visa card.
The overtime most likely won’t last past August 19th (it’s a school gig and that’s the first day of school) so I’m trying to cram as much debt-reduction as possible into one month’s worth of supersize checks. If my (never been right before because something always comes up) Excel forecasting spreadsheet is right I should be able to get the CapOne card paid off by the third week of August.
Obviously I will have to put my awesome future food subscription on hold because I need that cash for debt payoff. I cannot justify $255 extra dollars a month no matter how much I love it. I might be able to get by with 2 weeks worth a month and if I can we might be able to squeeze that into the regular grocery budget. We’ll see. If nothing else at least I know it’s awesome and it works and in the future when we’re more financially stable, I can revisit the whole idea.
So…on to how we spent it…
|middle sister dentist||$275.00|
|Capital One CC||$87.13|
As you can see we have those Middle Sister cavities to fix in August that I need to fund with this 5th check of the month so we’re putting aside that $275 to cover those out-of-pocket costs.
If something unexpected comes up, I will steal from the restaurant category. I know we shouldn’t even have a restaurant category while we are getting out of debt but you know what? We are going to eat out once in a while so it’s better to accept it than not budget for it.
A refresher on apprenticeship: Apprenticeship starts at 40% and goes up 10% every time you
1) work 750 hours
2) Attend union meetings
3) attend training sessions
100% apprentice = Journeyman = Journeyman wages. The percentage is the percentage of the prevailing journeyman wage you make. So, if journeyman wage is $50/hr. a 40% apprentice would make $20/hr.