The company I contract for sent out an email yesterday afternoon saying they were ceasing operations, effective immediately.
I’m shocked, but I can’t say I’m surprised. Work has been slow lately, in fact I had my very worst month ever contracting in October, I only earned around $77 (which I’ll get by check in the next 7 days the email said) and September wasn’t a whole lot better. But there have been slow periods before (maybe not this slow) and they’ve always picked up eventually. I guess I just figured this was a slow period. And I also guess I thought if there was real trouble, that I’d get a little more warning.
But, such is life. And now I am basically unemployed.
The dust hasn’t settled in my head yet, so I’m not exactly sure what’s next. But my spouse and I have sat down together and looked at our budget, and how much each month we *actually* budget and spend (or save) beyond his paychecks (before the accelerated snowballing) and it comes to between $100 and $250 per month since we started tracking closely in July. Okay. $100 to $250 is NOT a huge shortfall to come up with through alternative income sources, like the blog for example. That may not be what we want, or enough for the long term, but in semi-crisis mode, it is enough.
What is depressing for both of us at the moment is that this will most likely put a huge kink in the accelerated debt reduction plans. Sigh. But! We’re better prepared to deal with it today than we were even 4 months ago. Much better. And our debt is less as well. We can still do this.
I’ve started doing some online research to see if there are any other legal coding companies hiring out there (that’s what I used to do, legal coding) and I know there are a few still in business (another big one closed earlier this year, it should have tipped me off) but I am going to have to track leads and see if any are hiring. I don’t feel prepared to do this but I have to or the spouse might make more noise about me getting a day job and putting the kids in daycare. He’s panicking more than I am I think. And he REALLY wants to have the credit card paid off.
I think I’ll sign up for a few more survey sites too. Why not.
This isn’t the last you’ll hear about this. As reality settles in and I make more plans and take more steps I’ll be analyzing more. And I think I’ll really HAVE to try and cut the grocery budget. I’ll have to be firmer and make more sacrifices, at least for the short term. And I’m not changing the extra paycheck strategy for November. Anyway… there is a LOT swirling around in my head right now. A lot.