This government shut down is looming and it is affecting us. First affect, my husband's battle assembly scheduled for this coming weekend has been postponed to the end of October. This is good since my daughter has a band performance that he would have missed. Now he can see it.
He is also scheduled to travel this week. He will find out tomorrow whether they are to continue or postpone that one as well. I'd prefer it be cancelled. We are already waiting on two travel reimbursements from earlier in September that have still not been paid. The amount owed to us is $236.31, which we sure would like to have as soon as possible.
My husband was paid for all work done in September. I can see the paycheck pending in our checking account for tomorrow. However, all pay will stop, while work continues until the new budget is signed. He will get an IOU from the government. The next expected check is October 15, which will be on time if the budget is signed in the next week or so.
The good thing is we have cash to cover a paycheck or two. My plan is to postpone our investments in October if the pay is delayed. We might as well hang on to that money while we are waiting on a paycheck. Some of the bills later in the month are put on credit cards anyway, so those can be delayed slightly as well. It's the food and gas we will need to fork over out of savings until we are paid back.
We are some of the lucky ones. Civilians that work for the government will not go into work, and will not be paid for any days they are off work. I hope they have a plan!
Do you know anyone that is affected by the government shutdown that likely to happen? Any other good ideas for planning for a delayed paycheck?
The Good and The Bad
September 30th, 2013 at 06:23 pm
September 30th, 2013 at 06:34 pm 1380566095
September 30th, 2013 at 06:53 pm 1380567225
I don't think the shut down will be long. Just long enough to ruin our vacation.
Unfortunately, for many, this will be a wake up call about the importance of rainy day savings.
September 30th, 2013 at 07:11 pm 1380568293
September 30th, 2013 at 08:02 pm 1380571364
October 1st, 2013 at 01:26 pm 1380633971
October 1st, 2013 at 01:51 pm 1380635490
October 1st, 2013 at 04:24 pm 1380644669
I think we will probably cancel so we can spend our money on what we want to spend it on. There isn't a lot in our budget anyway, without the National Parks. Was very frugal. So most our options are to spend more on stuff we don't really care that much about. We will work out some Plan B, but lord knows what. It's looking likely to be a staycation.