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Small raise, big difference

How little changes add up in no time

by Single Ma  |  2000 views  |  0 comments  |        Rate this now! 

Pay Raise

I received a small pay raise of about three percent that will increase my bi-weekly net income by about $80. I refer to it as “small” because I’m used to double digit raises, but this salary adjustment wasn’t tied to performance, so I can’t complain. However, I am looking forward to my first semi-annual and annual performance review like a kid on his way to the toy store.

Now that I have a little extra change, what am I going to do with it?

I reinstated a payroll allotment that was previously canceled. I was supposed to redirect all extra income to my non-retirement investment goal. Needless to say, I probably won’t reach that goal this year. *shrug* It’s OK though. I’ll keep my eye on the prize, but I can’t worry about it right now.  Therefore, the reinstated allotment will deposit $100 bi-weekly to a new savings account.

Based on the above, I expect my bi-weekly net income to remain the same as pre-raise. “Every little bit helps” has proven true in this situation. The small raise made a big difference because it will help me prepare for life's unexpected events.

About the Author

A working (single) mom and author of the personal finance blog Fabulous Financials @

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