Quote:
|
Originally Posted by getforfree
Thats why I chose a giftcard instead of extra 15 bonus added to my paycheck.
My kids are 1yr and3yr old, so its long time to go before they will turn 5..........
|
Well done with the gift certificate! People ask for in kind pay all the time because of the ripple effect of marginal increases in salary. You have 4 years (actually in 2 years, it may not be worth the bother): I'd plan a 4 year strategy then! If you continue to do well at your job, you will get more pay raises, which with your proposed strategy will create an even greater issue. Absences are a big no no when it comes to promotions!
I'd try negotiate and come up with an alternative plan with your employer until you would reach that magic cut-off where you're making enough to not worry about WIC, maybe pass on the salary raise for the in kind bonuses for another year and then ask for a bigger pay raise??? Also reexamine your other goals within a 4 year plan; maybe you don't want to move until it's time for
both kids to be in school ('course it may take that long to save up
), It'll give you time to check out school districts. AGAIN, advice anyone should think about
: refi to interest only if you're going to be in your home for less than 5 years or so. It won't cost you anything up front, you still have the interest write off and you can use that $ better by socking it away in a tax exempt investment vehicle.
It all depends on how flexible your employer is; maybe, just maybe, they'll be shamed into giving you a decent salary?????