I have some great news for you all…well, actually… it’s just great news for me and Girl Ninja. We’re expecting!!!! A $3,000 check that is…not a baby. It was money that we’ve been hoping for, for a very long time, but weren’t sure we’d ever see it.
You remember a few months back when I blogged about getting a $40,000 raise? Well apparently, I jumped the gun a little bit, because that raise was delayed nearly two months.
Girl Ninja started a K/1 split classroom at the beginning of the school year as a substitute, but with hints that it could turn in to a contracted position (meaning she’d get a pay bump and all the benefits of a normal teacher). We thought that contract would come, sometime in late September. It didn’t. We were then told to expect to hear no later than Oct 31st. We heard nothing. November came around and other long-term substitutes were being offered temporary contracts. Things weren’t looking good.
But then, last week, GN got an encouraging email that indicated she should be signing a contract sometime in the next couple weeks. If that happens (which it better or I will be slashing some tires…just sayin), she will be compensated back pay for the three months she’s already worked at the school. Basically meaning she’d get a one time, $3,000 check.
I’ve come to notice a recurring theme in our relationship when it comes to unexpected money, we NEVER agree on what to do with it. When we got $2,500 in cash wedding gifts, I thought the Roth IRA was a perfect avenue, Girl Ninja thought a trip to San Francisco. When I found out I was receiving an award at work that came with a little financial bonus, I figured I could add it to our savings, Girl Ninja thought we could use it for things around our house. We never quite agree on what to do with these little windfalls. That’s why she is my jelly.
My assumption is, of the $3,000, at least $200 will go directly back to her classroom for decorative purposes (we haven’t spent any money on the room as we were never guaranteed she’d be able to stay). Another $300 will be given away/donated (stayin’ true to 10% rule). And the other $2,500 is…well…we haven’t figured that out yet.
This leads to today’s question? What do you do with found money? Do you have a rule like 50% savings, 50% spending? If you have debt, does bonus money always go 100% to it? If you got $2,500 today, how would you allocate it?