Where do I even begin with what’s been happening in my neck of the woods? In a nutshell, we’ll be moving houses, playing landlord, taking on new challenges, tightening our belts and I’ll be adding RFP in my calling card (at least after I pay the membership fee and if I had a calling card).
The biggest news is that I’m switching jobs in about a month’s time and I couldn’t be happier. The job offer came out of the blue, a few months before I planned to officially start my job search because my boss is retiring by the middle of this year and I always thought that I would stay with him until then (and enjoy the one month winding down period afterwards).
But then this came along and I’ll be very foolish to give up the opportunity to work with someone I greatly admire. My new responsibilities will be completely different from what I’ve been doing for the past 4.5 years and the environment very dynamic and fast-paced. I can’t wait!
The most challenging aspect of my new job for now though will be the two month delay in salary (which seems to be SOP in government service). I do wish I had more in my emergency funds to shore us up during this period, but I know that our emergency funds are what they are because I opted to pay down my debt to my parents and not because we frittered away money, so no regrets. If I include the cash surrender value of my life insurance, I’ll have a stash of 2-3 months of worth of expenses and if we live extremely frugally, then that can even be stretched to 4-5 months. So it’s just a matter of tightening our belts and carefully accounting for every peso in our budget.
Secondly, my sister and her family are moving back to New Zealand for an indefinite period and so my family can take their place in my parents’ house. This means a slightly longer commute for me, but it also means that we can rent out our condo units and by pouring the additional income into mortgage payments, we might be mortgage free in 5-7 years, about 15 years ahead of schedule. How awesome is that right?! To make this happen though, we have to come up with about Php50,000 to Php150,000 to convert the units into dormitories, so once our finances settle down and normalize, I’ll be setting aside cash for those upcoming projects.
Finally, my financial paper made the cut which means that I qualified for membership with the Registered Financial Planner Institute. I am now an RFP! Woohoo! Or at least I will be after I pay the membership fee.
Imagine all of this happened in less than a month. If my plans are thrown up in the air in such a short period of time, I’m curious to know what else can happen for the rest of the year. Years ago I would have wished for only good things and dreaded any divergence from my plans, but now that I know slightly more, my prayer is for God to grant me the strength and humor needed to be able to roll with whatever it is that life may decide to throw my way.