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Home > Got a raise/promotion! And general news catchup

Got a raise/promotion! And general news catchup

February 7th, 2020 at 09:11 pm

As some of you know I've been applying for jobs because my current company was looking shaky, and I've also been contemplating going full-on freelance with AS.

Then a job was posted with my company for a position a half step up from mine. I decided to go for it. There was some confusion and delay, but finally this week I was told I'd gotten the promotion, along with a 10% raise!

I think my company is stabilizing; our results were OK the last quarter of 2019, plus they haven't been giving out promotions and raises for a while, so I take mine as a good sign. I'll still keep an eye on other options, but now I'm feeling better about my current company again.

I won't know my new take-home amount until 2/14. However, I went ahead and bumped up my 401(k) contribution by 1%, and did the same for NT's 401(k) and AS's SEP IRA.

That'll help with our retirement goal, which also gets more ambitious when one of us gets a raise!

Other news:

- We had another meeting with our kitchen designer and it seems like we're on the home stretch of finalizing the design. Once we're done, we can get a detailed quote from our contractor and see if/how much financing we'd need to complete it. Then decide how to handle that.

- We've engaged an estate agent in England and NT's flat will be going on the market soon. Asking price is going to start at 210,000 pounds. We still haven't decided what we'll do with the money if/when it sells; considering all options including U.S. rental property, investing in a stock portfolio, paying down our home mortgage, paying off the kitchen reno, and/or some combination of all that.

- We've started using a professional housecleaning service again, for the first time since we moved into the duplex. It's more expensive than the condo because the square footage is bigger, so we hesitated for a long time (about 6 years I guess!), but we finally concluded it was worth the expense. We are busy all the time and the house just wasn't getting cleaned very well or often. We've had one cleaning so far and it made such a difference!

- AS's freelance business is going exceedingly well, so she's started eliminating some lower-paying jobs and focusing on the most profitable clients.

I guess that's all on the financial front! Maybe I'll do a non-financial update at some point. Life's been busy, plenty of ups and downs but overall very good these days.

8 Responses to “Got a raise/promotion! And general news catchup”

  1. Wink Says:
    1581117538

    Congratulations!!

  2. LifeBalance Says:
    1581120621

    Congratulations! And smart to bump up the retirement contributions first thing.

  3. terri77 Says:
    1581127523

    Congrats!

  4. Amber Says:
    1581162698

    Congratulations on the promotion. Way to go on bumping the 401(k) contribution. There’s free payroll calculators online you can play around with.

  5. MonkeyMama Says:
    1581167196

    Congrats! Great News!

  6. CB in the City Says:
    1581175062

    Sounds like everything is going well! That's exciting about the upcoming sale of the UK property. If you get that price that will be a big boost.

  7. rob62521 Says:
    1581197529

    That's terrific! Hope your raise is even more than you anticipate.

  8. FrugalTexan75 Says:
    1581199201

    Great news on the promotion/raise!

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