The Dog Ate My Wallet

The Dog Ate My Wallet

Personal Finance in a World of Excuses

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Sunday Evening Post #81

004Today we’re having a Sunday Afternoon post because I am a football fan. It’s my second favorite professional sport (after hockey) and my third favorite sport overall (roller derby is my favorite).

For those of you who care, we’re cheering for the San Francisco 49ers at our house. I’m actually not a 9ers fan. I’m a Raiders fan. And in the playoffs, I was certainly cheering for the local Seahawks. However, I happen to have graduated from this state school that no one ever remembers exists- the University of Nevada, Reno (yes, there’s a location other than Vegas). And when you are a UNR grad, you never really expect a player from your college to make it to the NFL, let alone be one of the starting quarterbacks in the SuperBowl (in his second season, no less). Which means, 49er fan or not, I’m rooting for Colin Kaepernick.

 

Blogging

The purpose of these two goals is, yes, to grow my blogs, but also to support and highlight blogs and bloggers I enjoy. Just like I will be posting 2 new to me blogs every week in my round ups, the point here is to draw attention to blogs that others might not be familiar with. (Blog swaps will not count toward either of these goals.)

Write one guest post per month. January- How I Write @ Heart Like a Dog

Publish one guest post per month. January- Guest Post: Ralph the Rez Dog from Kim @ Eyes on the Dollar

 

Writing

Writing fiction is my side hustle, though I have yet to make any money from it. I’ve found that I devote much more time to the blogs than I do my fiction, though, because I am on a schedule. I feel accountable to my readers to get posts up when I say I will. And because I am a procrastinator, deadlines are a must for me. I get the energy I need to work on something from an impending deadline.

I am hoping to transfer the power of those two things- accountability and deadlines, to my fiction this year.

Submit at least one piece to a paying venue per month.

December submission: Yes

January submission: Yes

Complete the first draft of my novella and start edits. I haven’t written anything all week.

 

Finances

A lot of financial goals will actually end up as floating goals- ie they will be things I expect to complete well before the year is out. But I do have some long term financial goals that I think will work for year-long tracking.

Create and track a practice stock portfolio. Expect post two this coming week.

End the year “on budget” in the categories I’m tracking.

Final January Numbers

Category

On Budget

Month

Year

Groceries

No

No

House

Yes

Yes

Eating Out

No

No

Allowance – E

No

No

Allowance – C

Yes

Yes

 

Finished the month $3 over on groceries, quite a bit over and eating out, and only circumstantially over on my allowance. I had to buy some food for a work party this week from CostCo- that meant it had to come out of our bank account, so I count it as my allowance spending. However, in two weeks, I will be fully reimbursed for that spending, so I’m over for the month only because of the timing.

 

 

Floating Goals

Refinance the house. We have a few more pieces of paperwork to get back in, but the process is moving along.

Replace all the windows in the house. This may be put off until fall because we need to get a plumber out to look at a myriad of problems that are slightly more urgent than the windows.

Publish new photography/flash fiction book. My artist launched a successful Kickstarter project this week. I am very excited for her. We’ll take more after her big convention at the beginning of March.

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Can Anyone Recommend a Good Plumber?

We have a house fund for a reason. And we add a fairly considerable chunk of money to it each month so that we can afford home repairs, whether they are scheduled or emergencies. Intellectually, C and I both know this. In reality? We both hate spending that money.

The plan for this spring/summer is to replace all of the windows in the house. There aren’t many (9), but our living room window is of the overly large variety, so we know this is going to be expensive.

We also know we have some plumbing issues, but they’ve all be small, with work arounds that aren’t too bad. But as of last night, we have added one more plumbing issue- we have a leak from the overflow valve on our water heater. The water heater is only about 5 or 6 years old. The parts on it should not be going. This is almost certainly caused by excessive pressure on the valve. That could be caused by having the heat setting on the water heat set high, but in our case, it’s not, because we have to have it low for the adoption/foster care process.

What that means is that there is a problem with the regulator valve coming in from the city. And honestly, we had heard this before- about 5 or 6 years ago when we had to replace the old water heater.

For now, we can just put a bucket under the overflow release to catch the water, but that will make the third bucket we have. We also have one for a pipe that runs through the finished room in the basement that has a small crack (that we haven’t been able to fix with apoxy or plumber’s tape), and under the bathroom sink. The pipes there are so old and in bad shape that we can’t separate them from the pipes that run behind the wall.

 

I have been wanting to get a plumber out to look at two older issues for a while, but there always seems to be other things going on that cause us to put it off. Now with issue three, I think it’s time to stop putting off the plumbing issues.

 

But it may mean that we put off the window replacement until late summer/fall.

 

I just have to keep reminding myself- we have the money to pay for this.

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Hand Me the Help Wanted Ads

I feel like I’m on a seesaw, and that my readers may start to think I’m unstable, or at the very least, wishy-washy. You see, I have made the decision to start semi-actively looking for a new position.

Given everything we have going on with the adoption and the possibility of C applying out of state for a graduate program that would start fall of 2014, it seems like not exactly the best time to be doing this. But the truth is, everything is up in the air right now except for one thing- I’m starting to not like my job.

 

I am not happy at work. I really should not blame the job. My job is the same as it was before. I still like the work. I am still good at the work. What has changed? Who my boss is. That’s not a surprise. The executive director who hired me into this position was let go during budget cuts in 2012, and his last day was December 1. The VP of our department decided that I should now report to our Project Director.

Who I report to does not matter to me. What does matter to me, however, is how I’m treated. And with the new boss, it’s like I somehow got a demotion. I am fully aware that my position does not need to be staffed at the manager level. It could be staffed competently at an Analyst I level, and more fully (though not to the level I perform at) by an Analyst II. I know that. But that does not change the fact that I am not an Analyst I or II. I am a Manager, and silly me, thinks I should be treated as one, not as a high level administrative assistant, and certainly not by someone who was essentially my peer up until two months ago.

 

A little more background on the situation. The Project Director I report to was hired in as an Analyst III. It was decided over a year after she started that the work she was doing more closely resembled that of a Project Director, so we had her position re-rated, and she received the new title and a nice raise. But she was hired as an Analyst III.

I also applied for that position, and was the second choice after her. In fact, she was only given the position over me because she had specific contract analyst experience whereas my experience was more general. But we have the same educational and general job experience. Our former boss liked me enough from the interviews for that position that when he called me to tell me I did not get it, he said “I have another position opening up in a month. I hope you apply for it.” And that’s how I got the current job.

So while her title is now director, and I don’t mind reporting to her, I do, in fact, have a problem with being treated as something “less”. (Maybe I should add MBA after my name in my email signature, like she does, even though we were specifically told not to do that when the company wide signature standard was developed.)

 

Am I sure I don’t mind reporting to her? You may wonder what it is that makes me feel like I’m being treated differently than before. After all, it’s possible that it really is just me being secretly unhappy about reporting to this person. (It is a question I asked myself when I started to feel this way.)

I have to admit that part of the problem is that our previous boss was a great boss. He was not just my boss, but also very much like a sponsor. He talked to other people about the great work I did. He had no problems handing projects over to me, with the assumption that I would do them and do them well. There were many things we worked on together where his name had to be involved, but I was the lead, and he trusted my judgement.

With my new boss, pretty much from the beginning, she has simply looked at the work I do and told me to change things, without any discussion about why things were being done the way they were. At first, it was simply that she did not want the budget graph I had up on my visual display board posted anymore. She felt it just confused people and it should come down.

And when I sent out 2012 year end budget reports, she responded with an email pretty much telling me I should never send out reports that way again. (It was the reporting process that had been developed with our previous boss, and she simply had not been included in the reports before, because up until December, she had not been responsible for a budget.) She included on the email the two main stakeholders (but not the only other stakeholders for the budget reports), but also did not ask them what they wanted- just told me to do it differently.

I responded, explaining why the reports had been done that way, but also saying I had every intention of working with the stakeholders to make changes for the upcoming year, since we’ve gone from being a cost center to being held to a budget again. I got responses from the two main stakeholders about what they wanted. And somehow, I thought that was that.

Yesterday, when I went in for my annual review (which was a good review), I found out that my new boss had had either a meeting or an email conversation with the two main stakeholders about the budget reports and here’s the way I’m to do them now.

These are my reports. I am supposed to have ownership of them. And yet, my new boss has decided that I am not to be included in conversations about how these reports are done and distributed. Instead of being allowed to take the lead on new projects, I am no longer even being allowed full autonomy to work with stakeholders on my standard work.

 

This is new to her, too. I know that when she was hired into her position, my new boss never expected to have any direct reports. I also know she’s never had a direct report at the manager level before. (I’m not actually certain she’s ever had any direct reports before.) So I’ve tried to mentally give her some leeway. I mostly shrugged it off when I got an email reprimand for something that I didn’t do and wasn’t actually done wrong anyway. (I did send her a quick email explaining that it wasn’t me, and that it had been done correctly by the person who did it.) That was annoying, but it certainly was not enough to make me consider leaving my job. I accept that there is a learning curve to being a people manager. But learning curve or not, I expect to be treated with a certain level of respect, at least for the work I do. Because I am good at my job- very good.

 

So there we have it. I am going to start looking for a new position. I am going to be picky. I am not looking for the first thing to come along. I want it to be the right thing, and I want it to be a step up. I will look for positions here at my current company and a few select others.

I like my boss as a new person. But I have been there, done that before. Just because someone is a nice person does not make them a good boss. And I am employable enough that I do not have to put up with it.

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Sunday Evening Post #80

It’s been a busy week at home, though hopefully much of the busy will be over by end of day tomorrow- which is good, because it is going to be a very busy week at work.

It has been productive, though, and I feel good about where we are going into the last week of January.

 

Blogging

The purpose of these two 004goals is, yes, to grow my blogs, but also to support and highlight blogs and bloggers I enjoy. Just like I will be posting 2 new to me blogs every week in my round ups, the point here is to draw attention to blogs that others might not be familiar with. (Blog swaps will not count toward either of these goals.)

Write one guest post per month. I have sent a guest post over to Heart Like a Dog. Not certain if it will be right for the blog or not, but at least I wrote it and sent it out.

Publish one guest post per month. A guest post from Kim at Eyes on the Dollar will go up Tuesday over at Life by Pets.

 

Writing

Writing fiction is my side hustle, though I have yet to make any money from it. I’ve found that I devote much more time to the blogs than I do my fiction, though, because I am on a schedule. I feel accountable to my readers to get posts up when I say I will. And because I am a procrastinator, deadlines are a must for me. I get the energy I need to work on something from an impending deadline.

I am hoping to transfer the power of those two things- accountability and deadlines, to my fiction this year.

Submit at least one piece to a paying venue per month.

December submission: Yes

January submission: Yes

Complete the first draft of my novella and start edits. Got a good scene written this morning.

 

Finances

A lot of financial goals will actually end up as floating goals- ie they will be things I expect to complete well before the year is out. But I do have some long term financial goals that I think will work for year-long tracking.

Create and track a practice stock portfolio. I started the project and did the first post about it.

End the year “on budget” in the categories I’m tracking.

Category

On Budget

Month

Year

Groceries

No

No

House

Yes

Yes

Eating Out

No

No

Allowance – E

Yes

Yes

Allowance – C

Yes

Yes

 

We are only $3 over on groceries. Eating out is another story. Given that most eating out is paid for on the credit card, we run about a month behind. I expect we’ll be back under control by the end of March. (December and January both tend to run a little high on the eating out.)

 

 

Floating Goals

Refinance the house. Started the process this week. I’ll be sending in the signed paperwork along with all the supporting documentation tomorrow.

Replace all the windows in the house. This won’t happen until spring or summer.

Publish new photography/flash fiction book. My artist launched a successful Kickstarter project this week. I am very excited for her. We’ll take more after her big convention at the beginning of March.

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What I’m Reading: I Should Be Cuddling Puppies Edition

There’s no real theme to today’s round up, just posts I liked or found interesting And it’s going to be quick, because I’ve got a Howie monster telling me that I shouldn’t be on the computer. Instead, I should be paying attention to him. And let me tell you, he’s a lot cuter than the computer screen.

004

Kezno the Hovawart is following the story of the Danish Hovawart puppy mill very closely. If you have any interest in this, definitely head over  there for some great information. This week, he was able to share some great news- the first dogs rescued from the mill have been adopted.

Here in the US, the Animal Legal Defense Fund has put out its report on the best and worst states for animals. No Dog About It Blog has a great post about the report and what it means.

Kristine at Rescued Insanity loves her cat just as much as she loves her dog. On Tuesday, she participated in Answer Your Cat’s Question’s Day.

Sometimes, we all just need a bit of cuteness in our lives. Since we’re talking dogs and cats, 2 Punk Dogs shares a pictorial of a cat and his dog.

Our new to me pet blog this week is Terrier Torrent. They co-hosted the Follow-Up Friday blog hop I took part in yesterday. Here’s how they were following up.

 

Paula at Afford Anything talks about knowing your market. In her case, assuming that her possible tenants would think and act the same way she did cost her $2,700 in lost income.

Have you ever lost a friend over money? That’s the topic being explored by Jennifer Lynn at Broke-Ass Mommy. She’s not talking about loaning someone money and that ending the friendship, but about how, when you make a change in your life, like getting out of debt, some friends can’t seem to support that and try to sabotage your goals.

Money Counselor asks Are You Ready to Retire? C and I could be in better shape, but we could also be in worse shape. And we at least talk about retirement and our plans for having enough. What about you?

Jackie of Money Crush recently had to go to the DMV, an experience that is never fun. But she did learn an important lesson while there, though not from the lines, or the employees, but from a roll of toilet paper.

And, our new personal finance blog is Get Financially Integrated. He addresses an issue near and dear to most financial bloggers’s hearts- Are there alternatives to an emergency fund?

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I Said We Weren’t Going to Do This

Back in April, I wrote about why we weren’t refinancing– we’re not eligible for HARP, we were very likely underwater in our home, and we could afford the mortgage payments without hardship.

Well, today, about 90 minutes before this posts, we will be having a phone conversation with a mortgage broker and likely starting the refinancing process. Why? What’s changed?

Well, we’re still not eligible for HARP, and we can still afford our mortgage payments with no problems. However, the market in our neighborhood has picked up substantially. While Zillow.com still says we’re about $30k underwater on our mortgage, RealEstate.com says we have $40k in equity. Zillow is supposed to be better in the Seattle market, but I don’t think it’s algorithms can take short sales and bank owned properties into consideration. Every house in our neighborhood that is for sale has a Zillow estimate of about $30k less than the asking price. So if nothing else, we should at least not be under water. And it’s possible that we have 18% equity in our home.

But the biggest change is us, and what we’re looking at. We have a lot of things going on right now, including considering whether or not we will move away for C to go to graduate school, or if we want to buy a second house in the Seattle area. And if we don’t buy a second house, and move, we then might want to buy a house wherever we move to, as graduate school should take around 7 years.

We aren’t afraid of PMI anymore, if it means our overall loan payment is lower and therefore our debt to income ration is lower. Plus, the mortgage broker we’re looking at offers lender paid PMI- which means our interest rate is slightly higher, but we’re not the ones making the PMI payments. And that slightly higher interest rate is still substantially below the 6% we’re paying now.

Plus, depending on what the appraisal on our house came back at, we could conceivably buy ourselves up to 20% equity with the cash we have on hand and not have to worry about that at all. Of course, that appraisal is right now our biggest stumbling block. Without knowing what it will come in at (and even a $40k swing is pretty huge), we don’t know exactly what our options are. Luckily, the broker has provided us with 4 different scenarios to at least give us an idea.

So that’s the immediate plan. We will refinance the house. We will have lower mortgage payments. We may very well keep paying the same amount each month as we do now, but it means that we will have the option of paying $400 less/month on the mortgage. (Worst case scenario, and yes, we know that part of that savings comes from extending our mortgage out 8 more years than it’s currently at.) $400/month  gives us a lot of options.

 

It’s only been 9 months since I wrote we weren’t going to do this. Nine months is not a long time, and yet, so much can change. I love making plans, and having an idea of where things are going to go long term, but I try to never close myself off to anything, or lock myself into one specific plan. Because life changes, we change, and it’s important to allow ourselves the wiggle room to do so.

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Go Take a Walk

I am one of those people who rarely thinks about their breaks at work. Unless I make specific other plans, I eat my lunch at my desk. I forget that I’m supposed to take breaks during the day. I just stay at my desk, working on whatever it is I’m working on, until my stomach tells me I’m hungry or I realize it’s time to go home.

Or, at least that’s how I’ve been for the last few years. I did take my lunches while I was in my MBA program, because it was prime studying time. But since then- I eat at my desk.

However, this last summer, I made a conscious effort to make a change. I now take my morning and afternoon breaks whenever I can. (And I’m actually more likely to make sure I get them if I’m really busy.) Instead of getting up and going to the cafeteria, or even going to sit in the lobby for 15 minutes and read, I have decided to go walk.

Every morning and afternoon, I take a 10-15 minute walk around the block my building is on. I even have a poncho hanging in my office at work so that the rain isn’t an excuse. (If I let it be, I’d never walk during the Seattle winter.)

And to be honest with you, those walks make me a better employee. I am able to work smarter and faster by simply getting up twice a day and walking around the block. I don’t think of this as exercise so much as stress relief.

Walking not only relieves stress on it’s own, it gives my brain time off from thinking about whatever spreadsheet I’ve been staring at all day. I don’t necessarily direct my thoughts during my walks, I just let my mind wander. And if I’ve been struggling with something, chances are, during the wandering, I’ll actually come up with the solution.

I know a number of people for whom the fact that they never take a break is a point of pride. It shouldn’t be. They are actually working less effectively by refusing to take some downtime.

When you’re a professional/salaried employee, no one is going to be standing over you insisting you take your breaks. In fact, bosses and co-workers love that you’re always at your desk, because you’re always available for them when they need you. But you don’t do your best work sitting in a cube or office with no breaks. Our brains need down time, and our bodies need movement. It’s just the way things work.

And on the stressful, balls to the wall days, I make less mistakes and get my work done faster if I remember to take those walks. Someone may have to wait a few minutes to get an answer from me, but no one has to wait any longer to get the finished product. I am more productive by giving myself some non-productive time.

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Sunday Evening Post: #79

The temporary 4th dog, and the cool magnetic blocks his 4 year old brought with her

The temporary 4th dog, and the cool magnetic blocks his 4 year old brought with her

Okay we’re late in the day, but at least it’s still Sunday this time around. It’s been a rather stressful week. The car had to go in for service, and we didn’t get it back until Friday. We also babysat a 4 year old Thursday night and Friday, as well as her little dog. We have learned that 4 dogs are a bit too much for our house- but it’s not us, it’s the dogs. They are happy with just the three of them, and feel no need for another dog in the house.

 

Blogging

The purpose of these two goals is, yes, to grow my blogs, but also to support and highlight blogs and bloggers I enjoy. Just like I will be posting 2 new to me blogs every week in my round ups, the point here is to draw attention to blogs that others might not be familiar with. (Blog swaps will not count toward either of these goals.)

Write one guest post per month. I have one guest post planned (I just have to write it up), and am talking with someone else about another guest post. So hopefully something up soon.

Publish one guest post per month. I think I have a guest post lined up for Life by Pets.

 

Writing

Writing fiction is my side hustle, though I have yet to make any money from it. I’ve found that I devote much more time to the blogs than I do my fiction, though, because I am on a schedule. I feel accountable to my readers to get posts up when I say I will. And because I am a procrastinator, deadlines are a must for me. I get the energy I need to work on something from an impending deadline.

I am hoping to transfer the power of those two things- accountability and deadlines, to my fiction this year.

Submit at least one piece to a paying venue per month.

December submission: Yes

January submission: Yes

Complete the first draft of my novella and start edits. Haven’t worked on it this week

 

Finances

A lot of financial goals will actually end up as floating goals- ie they will be things I expect to complete well before the year is out. But I do have some long term financial goals that I think will work for year-long tracking.

Create and track a practice stock portfolio. I started the project and did the first post about it.

End the year “on budget” in the categories I’m tracking.

Category

On Budget

Month

Year

Groceries

Yes

Yes

House

Yes

Yes

Eating Out

Yes

Yes

Allowance – E

Yes

Yes

Allowance – C

Yes

Yes

 

Floating Goals

Refinance the house. We received a recommendation for a good broker from friends and hope to set an appointment this week or next

Replace all the windows in the house. This won’t happen until spring or summer.

Publish new photography/flash fiction book. My artist will be launching another Kickstarter project on Monday. We’re going to wait and see how that goes before starting on this

Article

I Would Rather Work at McDonalds

I never had the typical high school first job. While my brother and many of my friends either worked fast food or retail, I did not. My first job was doing telephone surveys. I went from there to working in the financial aid office at the University. After that, I did do a one year stint at a local video rental store (remember those) which ended badly, and then, after a few months of unemployment found myself as a medical receptionist.

 

When people start telling their worst working in customer service experiences ever (and people love to tell these stories), I could top pretty much everything except being robbed at knife or gunpoint. (I have friends that were bank tellers.) And none of my stories came from working at the video rental store. They all came from being a medical receptionist.

 

This was high volume customer service. Friday and Saturday nights at the video store were non-stop busy. None of them were as busy as a typical day at the doctors’ office. Let’s start with some basics. I worked in a six doctor specialty practice. Each of my doctors saw, on average, 30 patients a day. In addition, we had two techs who saw patients independently of the doctors, and we had an attached optical shop, and people would often come over from there to make new appointments.

That means that the front desk dealt with around 200 patients per day- most of them with multiple points of contact. Over an 8 hour day, 200 patients equals someone new through our doors every 2 minutes 24 seconds- non-stop. And someone checking out before walking out our doors at the same rate.

In addition, we handled over 300 phone calls a day- both incoming and outgoing.

We had work stations that we rotated between, including charts (which allowed us to get away from patients, mostly, one week out of six) so that people did not get stuck doing the same thing over and over.

 

You need an appointment when? And my doctors weren’t just specialists, they were specialists within their specialty. I worked for ophthalmologists (eye doctors with MDs vs ODs). I had 2 of only 3 retinal specialists in the area, 1 of the 2 glaucoma specialists in the area, and the only pediatric/muscle specialist between UC Davis (Sacramento) and Salt Lake City. My 3 MDs who weren’t retinal/pediatric specialists all did cataract surgery, as well.

When I started there, I could get a patient in with my pediatric specialist in about 4 weeks. My glaucoma/cataract guy was booking out 2-3 weeks. Everyone else, there was a chance I could get you in this week, possibly even tomorrow. Three years later, when I left, my pediatric specialist was booking 3 months out. My glaucoma/cataract doctor was booked out 6-7 weeks (though he’d always squeeze one more pressure check into his day), and I couldn’t get you in with anyone for at least 3 weeks.

Unless, of course, one of the doctors was on ER call that week. They each had to take turns at ER call in order to maintain their surgery privileges at the local hospitals. In that case, we had to take anyone and everyone who had an urgent or emergent issue that day- no matter how busy.

 

Everyone was stressed. The other “fun” thing about working customer service in that environment is that it’s not just high stress for the worker. It’s often high stress for the customer as well. Sure some folks were just in to get a new glasses prescription, but others were facing surgery, going blind, or in massive amounts of pain (like the guy who took a screwdriver to the eye).

Add to that cost (no dollar menu here) and the confusion of insurance. While state laws determine the practical difference between MDs and ODs in your area, insurance companies care a whole lot about whether the diagnosis is medical or vision. And people who come to see an MD often think their medical insurance will cover the appointment no matter what (they’re seeing an MD after all, not an OD), even if they just need new glasses and they don’t have vision coverage.

Every January we got to argue with people about deductibles- especially the mandatory Medicare deductible. And on a regular basis, we also got to argue with our MDs about whether or not they could waive a copay.

 

Given all of that, it’s really kind of amazing that only once did a patient try to come over the desk and attack one of us (same patient did hit one of our opticians in the head with her cane- we fired the patient), and that we averaged maybe 2 threats a year.

 

We need you here. What we did have was high turnover. When I left, only two full time receptionists had been there longer than me, and they were the two supervisors. I was the trainer. When I started, I was promised mobility. Most of the back office and doctors’ assistants had started at the front desk and moved on. But we had such a hard time training and keeping receptionists that in the entire three years I was there, only one person got moved from the front desk (and she still did a lot of front desk work for the pediatric specialist).

 

I got to know myself as an employee. I did learn a lot while I was there. I learned how to train people and even created the first training documents they’d ever had. I learned how to calm people down in stressful situations, and how to explain the often confusing world of insurance (especially since it was the early days of Medicare Advantage plans). I developed the skills I would need to become a top notch administrative assistant by finding the correct balance of treating my bosses with respect while sometimes bossing them around in order to get what I needed to do my job. I learned I could and should demand respect for the work I did from my bosses- the doctors may have had more education than me, but that didn’t make them better people, and their office certainly could not have succeeded without the hard work of the front desk staff. In many senses, I found my professional identity.

And when I left, I promised myself I would never go back to the medical field. I broke that promise, of course, and three years later found myself back in healthcare (and I’ve stayed for over 8 years now). But that’s okay, because the promise I was really making myself was that I would never go back to high volume customer service. That promise I’ve been able to keep, so far. And truth be told, if I had to go back, despite the better pay and benefits of being a medical receptionist, I’d rather work at McDonalds.

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Planning an Uncertain Future

How far in advance do you plan? Do you start to think about planning before you plan? How do you make a plan when everything is still speculative?

C is about 1.5 years from graduating with his BA/BS. His plan is to apply to a graduate program in pure mathematics. Our local land grant university is in the top 30 of PhD math programs in the country. So while that would be C’s first choice, they get 400 applications every year and accept about 20 people. In addition to that, there appears to be some bias against the university where C is getting his degree- since it doesn’t do traditional grades and all. I believe the comment he got from the math department at UW was “We’re a competitive program”.

Now, it’s going to be a year, give or take a couple of months, before C starts applying to graduate programs, but it is something we’re already talking about. Why? Because this is his dream, but following it could have a major impact on our family.

We’re looking at the following options:

1)      Be done with school once he gets his BA/BS. He can teach math at a private school with just the Bachelors and not even need a teaching certificate.

2)      Look at getting a Masters degree from one of the local private universities. They don’t have PhD programs, but if he were to get an MS from one of them, that might then get him into the PhD program at UW, or he could just be happy with a Masters.

3)      Apply for programs at several different universities, and then, if he gets accepted to one or more, have me start looking for jobs in that area. Our preference would be to remain on the west coast, but could have us moving to Canada or California.

 

Options one and two require C to adjust his dream. It’s something he’s willing to talk about and seriously consider for the sake of our family. A lot will be dependent on where we are in the adoption process. He accepts that as a limiter on his options, at least until everything is finalized.

But he would probably really enjoy teaching middle school math. (I don’t understand it either, but it’s an age he really likes and relates to.) And, in fact, we had a conversation just the other day about how he would want to run his classroom.

The Masters route may actually be the least likely of all. Private schools are expensive, and it’s less likely he’d get a really good graduate stipend. Some schools, like UW, seem to prefer people who enter right after getting their BS and go on a PhD track. Other schools assume you’ll get your MS before getting your PhD, and will possibly switch schools between programs. (University of British Columbia and the UC schools seem to feel that way.)

The third option is the most risky for us as a family. If we did go that route, once C started getting acceptance letters, I would start looking for jobs in those markets. With any luck, I could get a good job offer (or have really good prospects in an area) before he has to say yes. There’s also the possibility that he might accept a school’s offer but see if he can put off his attendance for a year in order to make it possible for us to make a smoother transition.

 

No matter what, this decision will have a financial impact on our family. Our hope would be to keep our house here and rent it out if we end up moving. Maybe we would buy property where we moved to, maybe not. We love the Pacific Northwest and would definitely prefer to stay in this area, or return to it if we have to leave.

Or maybe we will need to take out student loans to pay for graduate school, even though that has not been part of the plan up until now.

Or, maybe he will start working, bringing home a paycheck again. Even if he were to work only part time, every bit of that money would be able to go toward retirement or savings goals for things like a new home, or a major trip, or whatever, since my salary pays all of our bills.

 

We have no idea what the next year to two years will bring, and yet, I’m confident that we will be able to make smart decisions about our finances no matter what, since it’s something we are already talking about. We may not be able to make a single solid plan, but we can explore our options and begin to map out the contingencies.