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Job Security and other Doings

September 7th, 2016 at 10:47 pm

DD had to get a hotspot last year for her college dorm. It doesn't work at her new dorm. So I canceled it and will save $50 a month on it. We then just activated the hotspot on her phone and upped the data limit, so the actual savings each month will be $35. I'll take it.

I gave my notice at my second job. I just can't do it anymore. My main job is picking up and isn't in danger anymore, so I thought. My boss sat us down on Thursday of last week and said that there is a company interested in buying our company. They are based in PA. They want to hire the owner of my company as a consultant. What was missing in my boss's talk is that our jobs are safe. He didn't say if they were or weren't safe. So who knows. Back to 2nd job...shortly after I gave my notice(like the next day) it was announced that they are doing away with my office/position. They are going completely computerized. They will have one full time employee and that is it. So even if I hadn't given notice, the job would have ended.

Not knowing that my job was in danger, I just spent sort of unnecessary money redoing my basement. I mean I had a mold issue down there that is gone now. But it could have waited. Thanks Boss Man! He has known about this for about 1.5 months and hadn't said anything. Bitter? Me? Not at all!

So That is what is going on in my life. I will just take things one day at a time. At the end of this month, I will have $150 in credit card payments and $400 in HELOC payments. I can manage that even on unemployment. Plus I will be saving gas money and other work related expenses. I also have a few expenses that I can cut. So I think I will be okay if the worst happens. It will be weird though, I have never not had a job, since I was 12 years old.

Posted in Misc Thoughts and Updates | 5 Comments »

5 Responses to “Job Security and other Doings”

  1. creditcardfree Says:
    September 7th, 2016 at 11:41 pm 1473291695
    1473291695

    You don't know yet though if your job is being eliminated right? It's just the second job that has ended. Hang in there!!

  2. North Georgia Gal Says:
    September 7th, 2016 at 11:44 pm 1473291851
    1473291851

    Correct...I don't know for sure about my first job, but my second job is definately ending.

  3. FrugalTexan75 Says:
    September 8th, 2016 at 12:25 am 1473294315
    1473294315

    Ouch! That is tough. Could you start looking to see what is out there/update your resume just in case?

  4. VS_ozgirl Says:
    September 8th, 2016 at 11:03 am 1473332587
    1473332587

    I worked for a company that got sold about 14 years ago. We'd just moved into our house a year earlier and money was super tight so I chose a guaranteed paycheque over loyalty and went out and got another job asap. The administration staff who went to the new job got let go after a few months while the professionals who could bring more income to the new company kept their jobs. I'd definitely be updating your resume and be prepared to possibly get a new job. It could go either way. Good luck.

  5. Jenn Says:
    September 8th, 2016 at 10:01 pm 1473372097
    1473372097

    In my experience, personnel changes don't happen quickly during mergers - especially not at just the announcement of them. Even after a purchase, people are usually left alone for a while to see what positions are redundant. You mention that another company is interested - not that a deal is made. It's okay to be cautious and it's great to update a resume and see what's out there, but I wouldn't spend too much time worrying about what could happen if it's not even likely yet. If it makes you feel better, make a plan of what you'd do financially if you lost the job. Then set the plan aside until it's needed.

    I think those situations are a reminder to us that nothing is guaranteed and we need to make sure that the money we bring in is working for us instead of being wasted.

    I don't know how bad your mold problem was, but that sounds to me like a good expenditure. Maybe it could have waited, but maybe it's an investment in your health now. I wouldn't second-guess that decision - just move on.

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