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I lied.

February 20th, 2013 at 05:40 pm

Yesterday I said I was too busy to worry about the situation at DH's place of employment. There had been talk of a merger. Today the reality is his company is being purchased by the major competitor.
Now I am getting a bit squirrely.

Nothing will happen for the next 3 months (most likely). He was planning on leaving end of summer for other areas unchartered.

Now the recap to make myself feel better:

1) One month ahead on mortgage and braces.
2) Remaining balance on parochial school tuition $350.
3) Tax refunds went to prepay real estate taxes: $6K (another $4K due by end of October)
4) $20K in EF
5) I do have things I was thinking about selling: expensive odd piece of oriental furniture that I've never liked, some jewelry, some upscale things to take to the consignment store.
6) DH has decided to give up his personal trainer/work out facility fee at work (saving $85 per month) Will definitely want to keep the Y, don't think we'll be getting a pool membership this summer
7) Work study plans for girls underway
8) Better self control with shopping and menu planning
9) Better planning for spending on things that we need

Wondering the cost of COBRA and insurance. That will my to-do tomorrow. Maybe best case scenario they will give him a nice severance, which he was willing to forego to pursue other avenues. That would be a benefit. I also figure that maybe between rental property income and unemployment, he might be able to get a few quarters of school full-time. That would require some real measures that I should look into. And if I were able to get a part-time job, it might be do-able.

Oh, the joys of the unknown waters. So I'm minimally flustered. Reality check: not totally immune from old ways.

7 Responses to “I lied.”

  1. JulieA Says:
    1361382631

    Having something unknown but possible is always enough to send me into a tailspin or worry, not knowing but thinking it might happen is almost as bad as it actually happening. Hang in there.

  2. creditcardfree Says:
    1361384347

    Trust in a good outcome! Office Depot & Office Max? I've always thought those two seemed very redundant, but sorry it is affecting you directly.

  3. laura Says:
    1361384762


    Well, it is business as usual for the next while. You've got the companies right. DH is now saying it is a merger with the board having equal numbers from each company, and OD is buying OM for tax liabilities. Not sure. Still a bit squirrely. Smile

  4. snafu Says:
    1361390148

    What is the likelihood DH would be retained? Whether he planned to leave or not, he could stay until his other plan was firm or base his decision on severance.

    Is the program DH plans to take available via distance education? It's often more expensive but everything is on-line avoiding transportation time and costs. Nearly all the students continue their full time employment. but it takes commitment to work, full time, do the reading, assignments and on-line participation hours. The family must be 100% supportive because family time is squished.

  5. laura Says:
    1361390424


    @snafu, DH is going to pursue a diaconate which will make him a Deacon in a Catholic parish. Nothing very glamorous, and ultimately the pay is about the same, though may offer more savings in the long-run as far as discounted education for the offspring (both secondary and college, as long as their education remains Catholic-based). It's five years part-time, but would be great if he could get a year in full-time.

  6. FrugalTexan75 Says:
    1361412884

    You can make it work, either way it goes! Smile

  7. Jerry Says:
    1361749450

    I hope that your COBRA insurance is cheaper than ours was... it was almost unmanageable for us, but we were in one of the most expensive states in the country. In many other places it leads to a pretty manageable option. I have a lot of respect for your husband making this change.
    Jerry

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