Net Worth Week 63 – “Stable” Employment Edition

Gentle Readers,
I’ve done a good job working through some of the giveaway piles and they should be gone before my girlfriend arrives. Gave the nicest thing to a friend and will be donating the rest to a nonprofit.
Work is being very sketchy with information. I think my project is ending, but they won’t say. This is par for the temp employment course, but is always frustrating because you are never sure that you should be looking for a new gig until you are out of another. This is why a resume needs to be up to date. As soon as you are told that employment ends in 2 hours (this is what they do to temps), you can email your recruiters the updated resume and let them start working for you.
I get tempted when the balance is this close to raid my bank to pay off the credit card in full, but I don’t know if I have paying work next week and that feels dangerous.
Had the last free class and signed up for the great deal on a tutor. I think really focused work is going to get me ready to charge for this skill.

This week’s net worth numbers

6/16/2017 6/23/2017
 Joy 1107 1107
 Travel 1  1
 Down Payment 19 19
 Retirement 21 21
 Health 45 45
 Moving 285 285
 EF 11 11
Business 1004 1004
Life 476  1116
 IRA  13145  13106
 Brokerage 705  709
 Rewards Card 2 -2136 -2291
 CC (largest) 0  0
 CC (longest) 0  0
 Rewards Card (98) CR  (98) CR
SL 1 -104890 -105011
 SL 2 -46210 -46266
 Earnest -4446 -4455
 Net Worth -140764 -140500
 Percentage Change .37% .19%

Do you feel that your employment is stable?

Author: ZJ Thorne

Lesbian on the path to Financial Freedom

  • femmefrugality

    Gah, I hear you on the debt and short-term work. Every time I freelance, I always want to put a huge chunk towards my car note or retirement account, but then I realize, hey, I don’t know if I’ll have work in two months! Better hang onto that cash!

    Difficult for the financially vigilant (or impatient haha.)

    I hope they give you more of a head’s up, though I know that might be a lot to hope for. :/

    • I’ve never received more than 2 hour’s notice in the 5 years I’ve been temping.

      It’s definitely hard for the impatient planners like us. Especially frustrating since OT was do curtailed the past 3 weeks. My plan to kill the cc in June died.

  • I truly don’t know how people deal with income volatility on a regular basis. Volatility in tutoring irritates me. As far as the bit of freelancing and ghosting writing and social media management work I’ve done? That money is sitting in a high-interest savings account. Because taxes and because it’s hard to come up with a plan for money when you don’t know how often you’ll actually see it.

    So that’s a really long-winded way of saying that I admire what you do in terms of temping, but also in terms of building your own business and learning so many skills.

    • It’s not the greatest, but lack of options helps you deal. I’ve kept all of my business earnings in a high yield saving, because taxes and worry. Unfortunately, even when I switch to my business FT, I’ll still have income volatility. This is why I’ll keep temping for some time. At least until I get a mortgage. Probably couldn’t qualify as just a business owner.