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Debt Reduction & Money Management Discussions on debt reduction, credit cards, consolidation, debt free living, and money. Snowballing debt, paying yourself first, and money management.

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Old 11-04-2005, 03:37 AM   #1 (permalink)
Scattymum is chasing herself and cant catch up
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Default good news!
well in the long term it will be - it wont come into effect till may

DH had his yearly performance review, he has switched Jobs within the company during the year to a better job but his pay remained the same - anyway during his assessment his boss discovered that DH was on the wrong payscale and should be on 10 -15K more! so his paypacket come pay raise time will be so much more and we can pay these debts off much quicker!.

what a releif!, of course that doesnt help us to get through the next few months which is going to be really tough. Luckily I have all our gifts bought/made throughout the year so that is a load of my mind, things are incredibly tight around here and DH and I had a talk about things - he is starting to come on board out of nessescity. Its both our birthdays this month but we have decided not to go out at all. I have also told him I dont want a birthday present or christmas present off him ( I have already bought his over the year) but he is not comfortable with the thought that I got him something and he wont get me anything - I am okay with the idea - I would rather put that money to debt but he feels bad about it.

but at least we have the pay rise to look forward to next year!
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Old 11-04-2005, 04:00 AM   #2 (permalink)
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Well that is something to look forward to!
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Old 11-04-2005, 05:59 AM   #3 (permalink)
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WOW! You don't get news like THAT everyday! Good for you guys!
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Old 11-04-2005, 06:05 AM   #4 (permalink)
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That is wonderful news!
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Old 11-04-2005, 07:08 AM   #5 (permalink)
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Great news! Too bad the raise isn't retroactive from the time he switched jobs. So happy for you!!
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Old 11-04-2005, 07:11 AM   #6 (permalink)
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Yay! What great news!!!!
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Old 11-04-2005, 08:03 AM   #7 (permalink)
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That is wonderful news!!!!
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Old 11-04-2005, 08:30 AM   #8 (permalink)
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That's really good news.
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Old 11-04-2005, 09:42 AM   #9 (permalink)
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That is wonderful news.
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Old 11-04-2005, 09:45 AM   #10 (permalink)
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WOW!! That could be $2K a MONTH!!!! Great news!!!
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Old 11-04-2005, 09:49 AM   #11 (permalink)
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Originally posted by mom22grls
WOW!! That could be $2K a MONTH!!!! Great news!!!
Unfortunatly Tax in Ireland is horrendous - DH is on the high bracket which is 42% ( and we dont get to claim anything back) so that means nearly half of the raise goes in tax but its still FANTASTIC!!!
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Old 11-04-2005, 02:05 PM   #12 (permalink)
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Quote:
Originally posted by Scattymum
Unfortunatly Tax in Ireland is horrendous - DH is on the high bracket which is 42% ( and we dont get to claim anything back) so that means nearly half of the raise goes in tax but its still FANTASTIC!!!
  I will not complain about our taxes anymore.  Congratulations on the raise, that is wonderful news. 
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Old 11-04-2005, 02:57 PM   #13 (permalink)
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Great news about the raise! Bad news about the taxes...Anyway, congrats on the assessment!
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Old 11-04-2005, 06:55 PM   #14 (permalink)
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That's something to celebrate!
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