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	<title>Comments on: You&#8217;ve Got Mail:  Reader Questions Answered</title>
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	<link>http://www.girlsjustwannahavefunds.com/2008/06/youve-got-mail-reader-questions-answered/</link>
	<description>Breaking Financial Ceilings One Stiletto At A Time!</description>
	<pubDate>Tue, 06 Jan 2009 23:36:59 +0000</pubDate>
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		<title>By: Ginger</title>
		<link>http://www.girlsjustwannahavefunds.com/2008/06/youve-got-mail-reader-questions-answered/#comment-955</link>
		<dc:creator>Ginger</dc:creator>
		<pubDate>Mon, 16 Jun 2008 19:17:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.girlsjustwannahavefunds.com/2008/06/youve-got-mail-reader-questions-answered/#comment-955</guid>
		<description>@ Tina - 
If I were in your situation I would have to way several factors.

Overtime
Do you have to work overtime to make ends meet?  Can you manage without the extra cash?  How many hours of overtime are you working to get the extra $1666 per month?  You'll need to decide if the promotion is worth not having the extra AND if the extra $$ is that much less than what you'll be getting.

Remember that overtime is optional and perhaps this is a way to get you to stop working overtime which costs them more money and still give you a promotion that will hopefully utilize and strengthen more of your skillset.

It's going to be give and take.  I would start from the top and work my way down.

Initiate salary negotiations stating that you would like your new compensation to be based on your current year to date earnings OR somewhere between your YTD and current salary.

Of course I dont know what you're total benefit compensation package is/or will be but I would weight the pros and cons based on what's important to me.

I would probably take the promotion and be OK with it being no less than the halfway point between YTD and current salary.  This way I have more time to myself and working less hours.

I don't value working 40+ hours a week unless I absolutely have to so for me, less money in my pocket is worth my peace of mind in having more time to self in order to pursue my interests and spend time with my family.

Make hard decisions based on what you value, that's how I get out of situations that I deem being between a rock and a hard place.



HEEYYYY MMND!!!

You're welcome, I'll be reviewing them later this year when I get other things squared away.  And yes, do email me if/when you visit DC.</description>
		<content:encoded><![CDATA[<p>@ Tina -<br />
If I were in your situation I would have to way several factors.</p>
<p>Overtime<br />
Do you have to work overtime to make ends meet?  Can you manage without the extra cash?  How many hours of overtime are you working to get the extra $1666 per month?  You&#8217;ll need to decide if the promotion is worth not having the extra AND if the extra $$ is that much less than what you&#8217;ll be getting.</p>
<p>Remember that overtime is optional and perhaps this is a way to get you to stop working overtime which costs them more money and still give you a promotion that will hopefully utilize and strengthen more of your skillset.</p>
<p>It&#8217;s going to be give and take.  I would start from the top and work my way down.</p>
<p>Initiate salary negotiations stating that you would like your new compensation to be based on your current year to date earnings OR somewhere between your YTD and current salary.</p>
<p>Of course I dont know what you&#8217;re total benefit compensation package is/or will be but I would weight the pros and cons based on what&#8217;s important to me.</p>
<p>I would probably take the promotion and be OK with it being no less than the halfway point between YTD and current salary.  This way I have more time to myself and working less hours.</p>
<p>I don&#8217;t value working 40+ hours a week unless I absolutely have to so for me, less money in my pocket is worth my peace of mind in having more time to self in order to pursue my interests and spend time with my family.</p>
<p>Make hard decisions based on what you value, that&#8217;s how I get out of situations that I deem being between a rock and a hard place.</p>
<p>HEEYYYY MMND!!!</p>
<p>You&#8217;re welcome, I&#8217;ll be reviewing them later this year when I get other things squared away.  And yes, do email me if/when you visit DC.</p>
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		<title>By: Millionaire Mommy Next Door</title>
		<link>http://www.girlsjustwannahavefunds.com/2008/06/youve-got-mail-reader-questions-answered/#comment-954</link>
		<dc:creator>Millionaire Mommy Next Door</dc:creator>
		<pubDate>Mon, 16 Jun 2008 15:21:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.girlsjustwannahavefunds.com/2008/06/youve-got-mail-reader-questions-answered/#comment-954</guid>
		<description>Congratulations on your recent media mentions, Ginger! Your meetup group sounds wonderful. If I'm ever in the DC area, I hope to meet you  in person!

Your future plans sound really cool. I wish you all the best in your endevours - and yes - enjoy the journey!

Thanks for the links to my investing posts.

&lt;em&gt;Millionaire Mommy Next Door's last blog post..&lt;a href='http://feeds.feedburner.com/~r/MillionaireMommyNextDoor/~3/312156431/i-want-more-money-day-3.html' rel="nofollow"&gt;I Want More Money: Day 3&lt;/a&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>Congratulations on your recent media mentions, Ginger! Your meetup group sounds wonderful. If I&#8217;m ever in the DC area, I hope to meet you  in person!</p>
<p>Your future plans sound really cool. I wish you all the best in your endevours - and yes - enjoy the journey!</p>
<p>Thanks for the links to my investing posts.</p>
<p><em>Millionaire Mommy Next Door&#8217;s last blog post..<a href='http://feeds.feedburner.com/~r/MillionaireMommyNextDoor/~3/312156431/i-want-more-money-day-3.html'>I Want More Money: Day 3</a></em></p>
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		<title>By: tina</title>
		<link>http://www.girlsjustwannahavefunds.com/2008/06/youve-got-mail-reader-questions-answered/#comment-953</link>
		<dc:creator>tina</dc:creator>
		<pubDate>Mon, 16 Jun 2008 14:55:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.girlsjustwannahavefunds.com/2008/06/youve-got-mail-reader-questions-answered/#comment-953</guid>
		<description>Question for you. I am up for a promotion this week (offer is open this week). I currently work on overtime and with the promo this comes to an end. With overtime pay, I made 20K over my base but I am concerned they are giving me the raise off my base salary vs. My year to date earnings.I am wrried my new salary will be lower than what - actually made last year.  Not sure how to manage that conversation and come out on top and ultimately enjoy this promotion. I would appreciate any advice.</description>
		<content:encoded><![CDATA[<p>Question for you. I am up for a promotion this week (offer is open this week). I currently work on overtime and with the promo this comes to an end. With overtime pay, I made 20K over my base but I am concerned they are giving me the raise off my base salary vs. My year to date earnings.I am wrried my new salary will be lower than what - actually made last year.  Not sure how to manage that conversation and come out on top and ultimately enjoy this promotion. I would appreciate any advice.</p>
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