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HappyWife
LIF Toddler
Member since 12/06 484 total posts
Name:
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Would you prefer...
I'm planning on staying home for 6 months after  is born. I have the option of either getting my full salary for 3 months and going unpaid the last 3 months or half my salary for the entire 6 months.
Which would you choose? I know in the end it's the same amount of money, but somehow it feels different, doesn't it?
Message edited 3/25/2008 11:44:10 AM.
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Posted 3/25/08 11:43 AM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
lovemy2boys
LIF Adult
Member since 10/07 3915 total posts
Name:
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Re: Would you prefer...
def. 6 months w/ half
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| Posted 3/25/08 11:44 AM |
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bicosi
life is a carousel
Member since 7/07 14956 total posts
Name:
M
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Re: Would you prefer...
It depends. Are you disciplined when it comes to money? If so, then go with the 3 months full salary. If you are not, then get the 6 months 1/2 salary.
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| Posted 3/25/08 11:46 AM |
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sunflowerjesss
Mommy to 3!
Member since 10/05 20369 total posts
Name:
Jesss, duh.
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Re: Would you prefer...
Posted by bicosi
It depends. Are you disciplined when it comes to money? If so, then go with the 3 months full salary. If you are not, then get the 6 months 1/2 salary.
I agree completely.
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| Posted 3/25/08 11:51 AM |
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SpencersMommy
I'm one lucky girl
Member since 11/07 3494 total posts
Name:
Melanie
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Re: Would you prefer...
6 months half salary
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| Posted 3/25/08 11:55 AM |
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aliwnec10
mom of 3 boys
Member since 4/06 11426 total posts
Name:
Ali
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Re: Would you prefer...
Posted by krissy888
def. 6 months w/ half
same here.
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| Posted 3/25/08 11:58 AM |
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jambalady
Is it summer yet?
Member since 8/06 7392 total posts
Name:
Holly
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Re: Would you prefer...
I'd prefer the reliability of 1/2 pay for 6 months.
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| Posted 3/25/08 12:03 PM |
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BunnyBaby
Loving Motherhood!!!
Member since 11/07 1238 total posts
Name:
Audrina
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Re: Would you prefer...
Definately 6 months with half salary.
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| Posted 3/25/08 12:09 PM |
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JandJ1224
Member since 6/06 5911 total posts
Name:
Jannette
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Re: Would you prefer...
I would prefer the 3 months full salary.
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| Posted 3/25/08 12:11 PM |
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Re: Would you prefer...
I am going to go against the majority here....you should get 3 months full. I'm a financial planner and I can tell you that money in your pocket now is always better. You can then gain interest on it, so at the end of 6 months you have all the income plus interest. Thats more money at the end of the day. It would be a no-brainer, financially for me!
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| Posted 3/25/08 12:40 PM |
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FelAndJon
needs to update her avatar pic
Member since 6/05 10212 total posts
Name:
Felice (aka LuckyBride2004)
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Re: Would you prefer...
Posted by SeptemberBride03
I am going to go against the majority here....you should get 3 months full. I'm a financial planner and I can tell you that money in your pocket now is always better. You can then gain interest on it, so at the end of 6 months you have all the income plus interest. Thats more money at the end of the day. It would be a no-brainer, financially for me!
I am not a financial planner but I was going to say the exact same thing! Better in your savings account that your job's! If you are no good at saving, get a 3 month CD with the money you made anyway (1/2 if you can only afford that) and put it in there. This way, at the end of the 6 months, you will have saved all that money plus made a little extra!
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| Posted 3/25/08 12:52 PM |
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dapnkap
Our 3 angels
Member since 7/07 4824 total posts
Name:
Karen
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Re: Would you prefer...
I'd do 1/2 salary for 6 months
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| Posted 3/25/08 12:53 PM |
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julz33
i run for bacon
Member since 5/05 20584 total posts
Name:
julz
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Re: Would you prefer...
Posted by SeptemberBride03
I am going to go against the majority here....you should get 3 months full. I'm a financial planner and I can tell you that money in your pocket now is always better. You can then gain interest on it, so at the end of 6 months you have all the income plus interest. Thats more money at the end of the day. It would be a no-brainer, financially for me!
Thats what I was thinking. Take the money sooner and gain interest!
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| Posted 3/25/08 1:47 PM |
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