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Home > Wow, January's over already

Wow, January's over already

January 31st, 2008 at 02:36 pm

I'm back from a business trip of a few days. I did great financially, because everything (hotel, meals, etc) will be paid by my company. I did breakdown at the airport bookstore and bought a few magazines to read during my 2 hour delay (on top of the two hours I arrived early)! I actually thought ahead and brought some books with me, but I read them on the trip down.

It's the end of the month, which means that today is the day I calculate my net worth. I have a feeling it's going to look pretty ugly, given the recent slide in the stock market. Our 401(k)s are the biggest chunks of money we have, and the market is down 8% already this year. Good thing I'm not planning on retiring for quite a while!

DH's had a bit of uncertainty on the job front. The company is not well run, and layoffs, relocations, job changes have become the norm. He's ok for now, but it's been very unsettling for us to be in this position. Job security has never been an issue for either of us (thankfully).

He's been working with a headhunter and looking outside the company for a few months now, but it's tough to figure out how aggressive to be. For example, he has his ideal jobs that he wants to pursue. Then there are others that would be ok. There are still others that he wouldn't normally consider, except in desparate situations. How do you know when to stop looking in one tier and start looking in the next one down?

In the meantime, we're taking a closer look at the spending. Nothing drastic (yet), but trying to position ourselves so that if something does happen, we'll be better prepared.

Always a challenge...

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