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).
D's New Job
July 26th, 2017 at 02:56 pm
July 26th, 2017 at 04:32 pm 1501083169
July 26th, 2017 at 09:42 pm 1501101725
July 29th, 2017 at 02:48 pm 1501336103
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.
July 29th, 2017 at 07:19 pm 1501352368