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D's New Job

July 26th, 2017 at 01:56 pm

D got his first "real" paycheck of his new job (the previous paychecks were not really representative - one had fewer hours, one didn't have the 401k taken out yet, etc).

I learned a couple of things;
- Money put into the 401k is not subject to federal withholding but is subject to social security and medicare; didn't know that because we've never been eligible for a 401k before
- Because the paycheck is every two weeks, we are treating the extra two he receives each year as a "bonus" and we're not budgeting it. So we'll live off 24 paychecks rather than 26.
- Each paycheck will be $362 more than the old job plus since my business doesn't need to provide healthcare anymore, I will be paying myself extra to cover the health insurance that gets deducted from D's paycheck. That cuts my business expenses by $272 each month.
- Net gain from his last job is $544 per month (and $272 less in business expenses).

And D likes his job!

Company picnic (I've never been to a company picnic before!) is this weekend. D has to work for an hour and a half of it. I'm not completely sure what to expect from a company picnic. There will be A LOT of people. I know people that work up there, but we'll probably have to find each other with our mobile phones. There are THAT MANY people!

Other stuff related to D's new job:
- I am still working full time, too
- He has a few weekend and evening events (one is tonight - a lecture series) so F and I are on our own for dinner, which is pretty fun (time together).
- It's a longer commute, so I will report back on the gas usage later. Our cars are fuel-efficient, but they are still fuel (not electric).

6 Responses to “D's New Job”

  1. CB in the City Says:

    This is all good! Enjoy that company picnic. I think one thing you can expect is lots of food!

  2. Myfinancekits Says:

    Congrats on the D's new job. At the company's picnic, expect to meet new people. Your D's colleagues will be looking forward to meeting you. He will like to introduce you to his colleagues. Just be yourself but you need to understand that first impression matters. Don't do things that can put people off.

  3. patientsaver Says:

    On the company picnic, I agree with Myfinancekits, meaning that while the venue might be casual, it's the same as any other office function so just be sure to conduct yourself well, be friendly but watch the alcohol.

    I'd just as soon melt into the background at these kinds of events, but if you're outgoing it's a great networking opportunity and you can help your husband shine.

  4. FrugalTexan75 Says:

    Sounds like good stuff!

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    On of this issue which you think about should be included. Good luck on your business.

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