Showing posts with label saving money. Show all posts
Showing posts with label saving money. Show all posts

Wednesday, March 23, 2016

Ruthless Job Exit Strategies


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Don't Get Mad—Get Even! Plan Your Exit Strategy Now!

by Mel Dawn


I wrote this article a few years ago and never placed it. There are some links going around on Facebook about women leaving themselves an exit strategy. Since those articles better cover exit strategies involving sexual abuse, I wanted to cover exit strategies that may be just as psychologically damaging when they’re based on bullying, racism, threats, or any number of other tactics that corporations practice. 

The best reason for planning an exit strategy may be when you realize that it's better to leave your job than take even one more minute sucking up to your boss, or handling an abusive work situation that doesn't improve. This calls for some quick planning on your part.

Ideally, you should have a two-year exit plan in place. The single top reason why no one leaves their job now is due to financial stress. Everyone needs to pay their rent, bills and eat. Without a solid plan in place, you are either going to end up on the street, or worse, back at your parent’s house.

Obviously some situations call for you to leave immediately. Anything involving physical abuse for example. In those situations I suggest you contact a lawyer, so you can at least have a solid termination package in place, covering expenses and healthcare while you look for a new job. 

The rest of the people may be on the cusp, meaning your job is so awful you can't take it anymore, but someone else might be rushing in to take your job from you. Generally, people don't leave bad jobs, they leave bad bosses. People work bad jobs that have great bosses and colleagues.

What you must do is plan your job exit accordingly. You must be ruthless. You have made one of the most difficult decisions of your life and now you must follow-through. Let's hope you can eek out your work existence for another two years. If not, one year should give you enough of a cash cow for you to survive, until you can find a better job.

It goes without saying that right now you're going to need to be ruthless and cut all your utilities. Decide which is more important, cell phone or home phone. Cancel all internet service, cable service, alarm monitoring plans, and cell phone data plans. Toss out those magazine or online subscription renewals. No more gaming, nor more magazines or books. 

Keep some used food jars and save them for your cash. Each month set up three jars. One for rent/mortgage, one for food and one for utilities, etc. Place $100 in each one, except for rent, that needs to be the exact amount. When those jars are empty, stop. You are not buying anything until the next month.

Can you do it? Yes you can! You can visit the library where there are shelves full of free-to-use books, CDs and DVDs. Why buy those anymore?

Once you have your expenses in order, you must start placing money in your savings account. Ideally, this needs to be one entire paycheck per month. Yes, that's right. You must learn to live on only one pay check per month. Because when you're off work, you're not going to have much to live on. After you have set aside your one paycheck, and the other paycheck has been divvied into the jars, what's left is going to be used to pay off any of your other debts, such as car loans or school loans. And that all needs to be gone in one year's time, leaving you debt-free.

When you start despairing of this, remember how you spent the last seven nights for several hours curled up in a ball on the bed crying about your job. It'll all be worth it in the end.

The next thing you need to do is change your meals. No more eating fast food, meals out, or junk food. Shop the healthy aisles at the grocery store. Remember that library? They have some great cook books. Whenever they have free lunch day or free donuts at work, load up. Pack up some to take home. That will take care of some of your meals. Pour some coffee in your thermos for when you wake up in the morning. It's not that bad. 

Now is the time to ask for a reference from human resources. Of course you're not asking for a job reference, you are asking for a reference to return to school. Once you’ve left, they won't have an issue with confirming your employment, as you have already asked.

The “return to school” explanation is also perfect if someone starts questioning you. They can, and will notice a change in your attitude, mainly, the “I don’t give a fuck anymore” attitude. It can simply be explained away by long nights of night school, homework, and being broke. You’ll also get brownie points from your manager as employers love employees that pay for their own schooling. 

It must also be said that you should be documenting any abuse that you’re experiencing from a manager or supervisor. You’ll also document any emails, letters, or correspondence. Be sure to show your side of things, and how you attempted to fix the situation, perhaps with human resources, another manager, or the CEO. Keep all your records at home. This may be the difference between being able to apply for EI—Employment Insurance—or not. 

Many countries are taking a stance against bullying and abuse in the workplace. Having a valid excuse for quitting your job will still qualify you for EI, but you’re going to need to have documentation, and possibly letters from physicians. And, having some extra cash coming in while you search for your next job will help ease the worry that your landlord may dump you on the curb because you have no money for rent. Never feel bad about being on EI—your employer was an asshole, not you. 

Make sure you write down email addresses and phone numbers of people you wish to keep in contact with. These may be people that you'll need a reference from later. Get all the info now, so you won't forget later. Start cleaning out any personal information from your email or computer. You’d be surprised at how little you'll need to do once you put in notice on your last day.

If you have a chance, ask for a raise. The more money you can save, the better. Be sure to max out all your benefits. Need fillings, caps or braces? Take care of that now. New glasses? Physical exams? Minor surgery? Do it now. Use up all your paid sick days, if you have them, as most companies don’t pay them out when you leave. If you have paid vacation coming, don't take it. If anyone questions it, say you are saving it for a big trip to Europe. No one will question you. When you leave, they have to pay you out for it. Having four weeks of vacation paid out is going to give you one month of living expenses that you won’t need to worry about during your job search. 

These techniques will have you well on your way to a well-planned job exit. No one will see it coming! You'll be out the door and giving yourself a nice little vacation for a while. One of the worst bullying techniques is for an employer to threaten you with job termination. But you've planned for it, so you will not play their game. You are well-planned, and your bank account looks great. The joke’s on them. Best of luck! 


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Monday, November 4, 2013

50 Ways to Save Money so You Can Attend the Next Dawn Doll Convention

I've been circulating these tips since I first started collecting Dawn Dolls back in 1997. During an online chat, the collectors helped me to compile this list of tips. Originally it was meant to help collectors save money to buy more Dawn Dolls, but with travel expenses so high now, I'm suggesting that you use these tips to save money so that you can attend the 2014 Dawn Doll Convention!

There're always ways to save money and cut back on expenses so you have more money for your Dawn Doll hobby. Here are some tips and tricks to get you to the 2014 convention.

1. Stop eating.
2. Stop car payments.
3. Stop paying rent/mortgage.
4. Stop paying insurance.
5. There is such a thing as a free lunch - call your friends!
6. Hitchhike to work.
7. Don't go anywhere.
8. Don't answer the phone, it might be creditors.
9. Stop paying Visa/Mastercard bills.
10. Furnish home with castoffs.
11. Eat at soup kitchens.
12. Steal toilet paper from work.
13. Run an extension cord to the outer hallway outlet if you live in an apartment building.
14. Splice into neighbour's cable.
15. Pimp out hubby.
16. Steal stuff like staplers from work and auction off on online auction sites.
17. Eat your co-workers' lunches from the fridge.
18. Call long distance from work.
19. Speak a foreign language when the creditors call again.
20. Take out your neighbour's laundry in the laundry room and put your own in, before they notice!
21. Ask your neighbor for sugar, then go back the next day and ask for flour, the next day ask for potatoes, and the next day ask for hamburger.
22. Butter, the new hand lotion.
23. Grease pans with butter wrappers.
24. Use lard as cold cream.
25. Let dog/cat clean dishes.
26. Let dog clean floor, save on Lysol.
27. Save on dogfood by letting dog clean dishes and floor.
28. Check trash for cans, fight off homeless!
29. Ask homeless for spare change.
30. Top Ramen festive holiday meals.
31. Pick vegetables from your neighbor's yard.
32. Pick your own food from city parks.
33. Grab that croissant off the outdoor table at Starbucks and run!
34. Burn your furniture in the fireplace.
35. Wash dishes with bubblebath.
36. Wash hair with bubblebath.
37. Use coffee filters as baby wipes.
38. Wash floor with balsalmic vinegar if the dog didn't do a good job.
39. Serve balsalmic vinegar in wine glasses to guests if you run out of wine.
40. Coat twigs with spices and serve to guests.
41. Garbage bags, the new kinky bed sheets.
42. Stop wearing underwear, cut laundry in half!
43. Steal paper towels from work.
44. Make your own paper from flyers.
45. Make curtains into a gown for the company Christmas party.
46. Snip up your clothes and make doll clothes to sell on online auction sites.
47. Pay your Mastercard with your Visa and Vice Versa, pay rent with credit cards.
48. Steal your neighbour's newspaper.
49. Sell off everything not directly related to your Dawn doll addiction.
50. Sell off the dolls you are totally bored with. Gasp!

Disclaimer: Please take this tips with a bit of humour. Author assumes no responsibility if you actually manage save enough money to attend the convention next year!

Thursday, January 3, 2013

How to Save Money in the New Year


You’ve over-budgeted the Christmas gifts, the groceries cost double what you expected, and your liquor allowance went through the roof. It’s after Christmas and you’ve sat yourself down to have a good hard look at your finances, but you don’t like what you see.

How are you going to survive through January, if you don’t have enough money to cover your perishables and necessities for even one week?

Here’s a few tips on helping you survive through the New Year until you bring in a few paycheques to cover your credit card bills.

Dig to the backs of your cupboards and fridge. I know food doesn’t last long in the fridge, but you can dig to the back of your freezer too. I have some frozen vegetables in there from the fall which are still perfectly well within their expiry dates but not too appetizing. So what? Cook them up and add salt and pepper and butter. Likely you have enough food in your fridge and freezer to get you past the first two weeks. Dig to the backs of your cupboards. Everyone has bags of pasta back there that can be added to those veggies.

Have you run out of dish soap? Head to the bathroom and dig out those bottles of stinky shampoo that you bought but didn’t like. They make great dish soap! They can also be used as bubblebath.

You can also interchange shampoo with dish soap. I’ve used an unscented on occasion and it’s great, no allergies!

Run out of lipstick or toothpaste? Really? Now is the time to clean out your bathroom closets and drawers. Use up all that junk that you bought, tried and hated. No point in buying more when you already have supplies. Use up all those hateful products. Why not? They’ll do the job just fine. So you have to double rinse to get the smell/taste out, who cares? Don't lick your lips!

Clothes getting a bit tatty? I’m sure if you cleaned out your closets you’d find dozens of items that are in perfect condition. Styles don’t evolve as quickly as they used to. You’ll be fine at work.

I’m sure you have absorbed the idea now. Use what you have, don’t buy anything more until all the items in your home have been depleted. Repurpose, reuse, recycle and you’ll be well on your way to having your bills paid off by February. Have a Happy New Year!