I make more $$$ than I thought I would

Well, I just received my first full pay cheque from the new job. I anticipated and budgeted receiving $1,100 bi-weekly after taxes, but as it turns out I’ll be bringing home $1,225 bi-weekly. That’s a $125 difference! Awesome.

At my old job, when I was making just over $50k, I was only bringing in $1,460 bi-weekly. While that’s still a big difference from what I’m getting paid now … for some reason, it’s doesn’t seem like as much of a decrease in pay as I thought it would be. Plus, once my 3-month probation period is up, I’ll be getting a raise which will bring in at least an additional $75 bi-weekly (before I signed my offer letter, my boss told me what my minimum raise would be after 90 days, since the salary I’m starting at is below what I told him my bottom line was), so that’ll help out even more.

That extra $250/month, any raises/bonuses I receive, GST cheques (I’m pretty sure with all my 2007 deductions, I should still qualify), and any $$ made from PPP or a PT job … all that money from here on out will be dumped into the Down Payment fund. There’s no need to increase my discretionary spending if I can live comfortably on the budget that I have right now.