[-$31,700] Another Taxing Tax Season

Work Update

I had my annual review meeting with Manager, who apparently, and miraculously, has no plans to fire me, despite what I perceive to be recent decreased performance. I’m getting a small cost of living salary increase of 1.7% and my annual bonus! I’ll be getting my bonus soon. I was really nervous going into the meeting as I didn’t know what to expect or if I’d have a job coming out of it, but was relieved that it went as well as it did. I have improvements to make, but I still have a job.

In fact, I’ve been assigned two new projects. Thankfully, these projects will be in line with the old workstyle, so I expect I’ll feel comfortable running them. I’m planning to stay where I am for the immediate future. It won’t be easy at all, but if I can somehow grind it out here for one more year and pay off / down this debt, a lot more avenues will open up to me starting next year. Newish Leader (my manager’s manager) has been more hands-off lately, and this trend should continue. I plan to stay under Newish Leader’s radar as much as possible.

I just need to be able to survive for one more year before I can escape for good.       Read More

[-$32,700] Debt and Work

Student Loan Update

FINALLY(!!!) I have my new account settled. Refinanced at the end of November. Earnest-Navient didn’t send out the overage refund check back to new servicer until the end of December, one month later. Then it took the new servicer until a few days ago, mid-January, to credit the check and update my account. OMG, almost 2 months?! Ugh. What were they using, the Pony Express?! In any event, it’s good to have that servicer transition over.

Oh, and I made a payment this week, which brings my balance to $32,700, down from the $35,000 I rang in the new year with. This is great, but I’m wondering if I should have held on to the cash. See below.

Work Update

This update is not a good one.       Read More

[-$90,831] A Bit of Good News!

career-woman-promotion

I know I can go a long time between posts. Before last week, I’d been super busy at work, in another crunch period working late evenings and weekends.  Things have lightened up a bit for now, but there will be another crunch in December before the holidays.

Talk about timing! In one of my recent posts I talked about learning to appreciate my job.  Well, I just Read More

Taking an Undesirable “Beater Job” to Pay Off Debt Faster

 

beater carcp2

If you’re familiar with Dave Ramsey and other personal finance writers you’ve heard of the value of driving a ‘beater car’ for getting out of debt.

What is a Beater Job?

When I talk about a ‘beater job’, I’m not talking about a side hustle or part-time work. I’m referring to a full-time, 9-to-5, ‘career job’.  If you’re in deep, massive, six-figure debt, like yours truly, you may find yourself having to decide how much your current job is really worth to your financial future. Should you jump into a not so great position just for more money to pay your debt faster?    Read More