We Have Adjusted

Doug let us know tonight that the salary reduction announced at work in April would continue indefinitely.  It was originally hoped that this loss in wages would only last three months, but unfortunately that will not be the case.  None of us were surprised by the news.  Although the economy has seen some improvement, it's definitely not what it was in February of this year.  We have survived so far on less money and had already budgeted for our fiscal year with the idea that he may not receive an increase or bonus until next summer.  It will mean that we have to take some money out of our home equity line to pay for Cam's 529 plan.  We will also have to reduce our Christmas budget and cut our vacation money.  

Thankfully, we have gotten used to spending less and aren't planning on eating out or going on trips (except to Bloomington) until all of this is over.  Thus, a reduction in wages won't affect our short term plans.  I realize that this may not be the same for others and for an end to the pandemic soon.