Tuesday, 21 May 2013

Dropping Down The Pay Scale

We've been talking a lot about life, work, savings and all that stuff recently. Last night we were discussing Dan changing job and how much of a sideways of downwards shift we could take without it hitting our "lifestyle" too much.  After talking about the type of job he wouldn't mind moving to (assuming that any change would be by choice rather than the other) and the salary that brings we started thinking about what that might mean. If we reach a point where things we take for granted have to change, what will stay and what will go, are our priorities the same as the last time we cut to the bone?

So, long story short we've decided to run an experiment next month and live on that amount. I've had a look at a salary calculator and I have a basic figure, obviously it's a little bit finger in the air as it doesn't take pensions and things into account but we're going to go for that next month. 

I know we'll have enough cash to pay the bills, eat, get to work and do some of the social stuff we usually do so that's not a problem. It's more about the psychology of it, will we start to look at things differently even for this short period of time. We've said it's a trial for a month but if it goes well we'll do it for another month and see how it goes from there. It's easy to do something for a month, especially when we don't have to, but I think it will highlight some things we might want to change regardless whether the change is permanent or not.

I know some people will think this is a bit of a fraud when people really are struggling, we're just trying to be prepared that's all. 

No comments:

Post a Comment