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The Final Countdown!

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by , 09-09-2008 at 10:42 AM (867 Views)
This month we had some news that is somewhat disturbing. Dh company has closed down, or is in the process of closing down one of the plants here in Canada. This is somewhat anxiety causing for us. We have a fairly big debt load. And if he ends up laid off, whether there is a compensation package or not, we may end up in tight times. Dh's plant does have an operating budget for 2009, and they are profitable, so this worry might be all for nothing. He will get another job, but it's unlikely the same wage. He's looking at working with his dad's company, but it would mean nearly $20/hr LESS! Scary thought.

BUT. I'm not taking any chances.

I've plugged in the numbers, and we are on a 12 month plan!!!!

It means tightening our belts, our spending money is being reduced for the year. But in the long run.... we'll be happier for it.

September(9-30) goal add $750 to debt payoff.

This is going to be a wild ride. I can't WAIT to see the numbers to down~

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Updated 09-11-2008 at 03:26 PM by mommy4ever (organizing posts.)

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Debt Reduction

Comments

  1. nodmicks's Avatar
    It's great you have a plan! I hope all goes well with dh's job!