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	<title>Comments on: Reader Story: I Got a 20% Pay Cut &#8212; and Loved It!</title>
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	<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/</link>
	<description>Common sense advice on money saving tips, how to get out of debt, high interest savings accounts, cd rates, money market accounts, mortgage rates, money management and more.</description>
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		<title>By: Deb</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-2/#comment-747622</link>
		<dc:creator>Deb</dc:creator>
		<pubDate>Tue, 14 Sep 2010 20:39:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-747622</guid>
		<description>Tim, good for you for being brave enough to make changes to your life so that it is balanced and meaningful.  Great insight!  And thanks for serving on your school board, that&#039;s a big job.  Kudos!

I too work 32 hours a week, and have for years.  I am so much happier because of it, and I telecommute to boot.  The adjustment to a smaller paycheck was somewhat neutralized by reduced work related costs due to telecommuting (less gas, no lunches out, no special clothing, no baby showers, etc).  And as a result, I am much happier in my work and my production actually went up 15%.

I know it isn&#039;t at all possible for everyone, but I wish more people could have the opportunity to job share or work 32 hr weeks.  Only 60% of the Dutch work full time, and they are some of the happiest people in the world.  I think they&#039;re definitely on to something because it can be life changing.</description>
		<content:encoded><![CDATA[<p>Tim, good for you for being brave enough to make changes to your life so that it is balanced and meaningful.  Great insight!  And thanks for serving on your school board, that&#8217;s a big job.  Kudos!</p>
<p>I too work 32 hours a week, and have for years.  I am so much happier because of it, and I telecommute to boot.  The adjustment to a smaller paycheck was somewhat neutralized by reduced work related costs due to telecommuting (less gas, no lunches out, no special clothing, no baby showers, etc).  And as a result, I am much happier in my work and my production actually went up 15%.</p>
<p>I know it isn&#8217;t at all possible for everyone, but I wish more people could have the opportunity to job share or work 32 hr weeks.  Only 60% of the Dutch work full time, and they are some of the happiest people in the world.  I think they&#8217;re definitely on to something because it can be life changing.</p>
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		<title>By: Spedie</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-2/#comment-746952</link>
		<dc:creator>Spedie</dc:creator>
		<pubDate>Tue, 14 Sep 2010 16:06:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-746952</guid>
		<description>I think this is a wonderful article.  If my employer would let me cut to 32 hours a week and keep my medical, I would do it in a heart beat.  I only have my mortgage left as far as debt goes and live well below my means.  Perhaps one day, one day....one day!</description>
		<content:encoded><![CDATA[<p>I think this is a wonderful article.  If my employer would let me cut to 32 hours a week and keep my medical, I would do it in a heart beat.  I only have my mortgage left as far as debt goes and live well below my means.  Perhaps one day, one day&#8230;.one day!</p>
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		<title>By: basicmoneytips</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-2/#comment-746252</link>
		<dc:creator>basicmoneytips</dc:creator>
		<pubDate>Tue, 14 Sep 2010 11:53:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-746252</guid>
		<description>Interesting story with a nice twist.  I am glad it worked out for the writer.

I did not realize that school board positions paid, especially that much.  Sounds like the writer found a win-win situation for him and his company.</description>
		<content:encoded><![CDATA[<p>Interesting story with a nice twist.  I am glad it worked out for the writer.</p>
<p>I did not realize that school board positions paid, especially that much.  Sounds like the writer found a win-win situation for him and his company.</p>
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		<title>By: Karen</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-2/#comment-746212</link>
		<dc:creator>Karen</dc:creator>
		<pubDate>Tue, 14 Sep 2010 11:44:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-746212</guid>
		<description>Kudos to you, Tim, and thanks for sharing your story!
I was laid off over 2 months ago, with no prospects. Our income was slashed by 60% when that happened, not to mention that going on my husband&#039;s health insurance is not nearly as good as mine. Financially, we&#039;re in fairly decent shape going into this, but it&#039;s still stressful. The strain on our marriage is soon going to be too much, I fear.
Is there anyone out there who&#039;s a single parent AND has been successful in cutting back on work time? I&#039;d like to hear that story. Our marriage isn&#039;t going to survive this, but financially, it doesn&#039;t make sense to separate. We&#039;re not prepared for that.</description>
		<content:encoded><![CDATA[<p>Kudos to you, Tim, and thanks for sharing your story!<br />
I was laid off over 2 months ago, with no prospects. Our income was slashed by 60% when that happened, not to mention that going on my husband&#8217;s health insurance is not nearly as good as mine. Financially, we&#8217;re in fairly decent shape going into this, but it&#8217;s still stressful. The strain on our marriage is soon going to be too much, I fear.<br />
Is there anyone out there who&#8217;s a single parent AND has been successful in cutting back on work time? I&#8217;d like to hear that story. Our marriage isn&#8217;t going to survive this, but financially, it doesn&#8217;t make sense to separate. We&#8217;re not prepared for that.</p>
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		<title>By: Joless</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-2/#comment-746142</link>
		<dc:creator>Joless</dc:creator>
		<pubDate>Tue, 14 Sep 2010 11:22:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-746142</guid>
		<description>I just started working 80% a month ago and I&#039;m loving it!  I realised that I had no time to do the things I wanted to do, and no reason really not to take the time instead since we have no kids, no mortgage, plenty of savings etc.  So now I have time to get stuff done at home, sort out the garden etc which leaves more fun-time at the weekends.  My SO has fewer chores in return for working FT.  We are starting major house renovations in a few months so I think it will help having a day when I am around for meetings and so on.

So far we enjoyed all the 3-day weekends at the beach in August but I think that real-life will kick in shortly and I will be back to chores!</description>
		<content:encoded><![CDATA[<p>I just started working 80% a month ago and I&#8217;m loving it!  I realised that I had no time to do the things I wanted to do, and no reason really not to take the time instead since we have no kids, no mortgage, plenty of savings etc.  So now I have time to get stuff done at home, sort out the garden etc which leaves more fun-time at the weekends.  My SO has fewer chores in return for working FT.  We are starting major house renovations in a few months so I think it will help having a day when I am around for meetings and so on.</p>
<p>So far we enjoyed all the 3-day weekends at the beach in August but I think that real-life will kick in shortly and I will be back to chores!</p>
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		<title>By: Canadian Dream</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-2/#comment-745102</link>
		<dc:creator>Canadian Dream</dc:creator>
		<pubDate>Tue, 14 Sep 2010 01:39:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-745102</guid>
		<description>@ Bill,

Good plan, perhaps when I&#039;m closer to retirement I&#039;ll have to try and drop down to a three day week as well. *grin*

@The Other Brian,

Actually we just brought on a new person to the department recently and were planning on shifting around the work load anyway.  So my dropping hours didn&#039;t dump work on anyone who had a full plate.  It just craved off sections that someone else could manage instead of me.  In reality my timing was nearly perfect from that point of view.  My co-workers were actually fine with my reduction in hours since they got some more interesting work out the deal.

Thanks for the stories from everyone else.  It&#039;s good to hear about who others are trying out reduced hours.  It really was a great choice for me.

Tim</description>
		<content:encoded><![CDATA[<p>@ Bill,</p>
<p>Good plan, perhaps when I&#8217;m closer to retirement I&#8217;ll have to try and drop down to a three day week as well. *grin*</p>
<p>@The Other Brian,</p>
<p>Actually we just brought on a new person to the department recently and were planning on shifting around the work load anyway.  So my dropping hours didn&#8217;t dump work on anyone who had a full plate.  It just craved off sections that someone else could manage instead of me.  In reality my timing was nearly perfect from that point of view.  My co-workers were actually fine with my reduction in hours since they got some more interesting work out the deal.</p>
<p>Thanks for the stories from everyone else.  It&#8217;s good to hear about who others are trying out reduced hours.  It really was a great choice for me.</p>
<p>Tim</p>
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		<title>By: chacha1</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-2/#comment-744562</link>
		<dc:creator>chacha1</dc:creator>
		<pubDate>Mon, 13 Sep 2010 19:57:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-744562</guid>
		<description>I took a 30% pay cut, voluntarily, by leaving a job that made me miserable.  Just got to the point where the extra money - which I was spending, anyway - was not worth the pain.

Much happier working in a more peaceful environment for less money.  Of course, after subsequent layoff I&#039;m now in a NEW new job and almost back up to my previous level of compensation.

Nice story.  It&#039;s good to remind people that public servants often go into public life because they want to make a difference.</description>
		<content:encoded><![CDATA[<p>I took a 30% pay cut, voluntarily, by leaving a job that made me miserable.  Just got to the point where the extra money &#8211; which I was spending, anyway &#8211; was not worth the pain.</p>
<p>Much happier working in a more peaceful environment for less money.  Of course, after subsequent layoff I&#8217;m now in a NEW new job and almost back up to my previous level of compensation.</p>
<p>Nice story.  It&#8217;s good to remind people that public servants often go into public life because they want to make a difference.</p>
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		<title>By: Fish</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-2/#comment-744542</link>
		<dc:creator>Fish</dc:creator>
		<pubDate>Mon, 13 Sep 2010 19:41:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-744542</guid>
		<description>I have to agree with the other poster who mentioned that it&#039;s not so much a pay cut as a time cut.  My company had to cut us all back by 25 percent to get through the tough times without laying anyone off last year.  That meant we all worked 40 hours a week, but got paid 25 percent less.  That&#039;s what I would consider a pay cut. We were ok with doing it if it meant we all kept our jobs, and we&#039;re back to full pay now, so it worked out.  

I&#039;d much rather they cut our hours, as the extra time would have been nice, but I didn&#039;t have anything quite so useful to do with it as the author.  Good job, and a very interesting way to handle the situation.  I liked the article, but did think the title a bit misleading.</description>
		<content:encoded><![CDATA[<p>I have to agree with the other poster who mentioned that it&#8217;s not so much a pay cut as a time cut.  My company had to cut us all back by 25 percent to get through the tough times without laying anyone off last year.  That meant we all worked 40 hours a week, but got paid 25 percent less.  That&#8217;s what I would consider a pay cut. We were ok with doing it if it meant we all kept our jobs, and we&#8217;re back to full pay now, so it worked out.  </p>
<p>I&#8217;d much rather they cut our hours, as the extra time would have been nice, but I didn&#8217;t have anything quite so useful to do with it as the author.  Good job, and a very interesting way to handle the situation.  I liked the article, but did think the title a bit misleading.</p>
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		<title>By: Ammie @ DomesticallyObsessed.com</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-2/#comment-744512</link>
		<dc:creator>Ammie @ DomesticallyObsessed.com</dc:creator>
		<pubDate>Mon, 13 Sep 2010 19:38:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-744512</guid>
		<description>Ugh!!!!  I LOVED this story!!!!  First, as a former teacher and now stay at home mama, I am so in love with the idea of someone CARING enough about something to actually go out and DO SOMETHING about it.  Thanks for posting this story, JD.  Definitely inspired me to rethink how I spend my time-isn&#039;t that what life is all about anyways?</description>
		<content:encoded><![CDATA[<p>Ugh!!!!  I LOVED this story!!!!  First, as a former teacher and now stay at home mama, I am so in love with the idea of someone CARING enough about something to actually go out and DO SOMETHING about it.  Thanks for posting this story, JD.  Definitely inspired me to rethink how I spend my time-isn&#8217;t that what life is all about anyways?</p>
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		<title>By: Sara</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-2/#comment-744372</link>
		<dc:creator>Sara</dc:creator>
		<pubDate>Mon, 13 Sep 2010 18:19:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-744372</guid>
		<description>It&#039;s great that you manage your money well enough that you can afford to give up some pay in exchange for time with your family.  The cynical side of me, however, wonders how the rest of your workload was divided.  Do the people who took on the extra work get extra pay for it?  If your company is anything like mine, the work was probably just added to the full-timers&#039; responsibilities.  It&#039;s a great deal for the company because the same amount of work gets done, but they save 20% of your salary.</description>
		<content:encoded><![CDATA[<p>It&#8217;s great that you manage your money well enough that you can afford to give up some pay in exchange for time with your family.  The cynical side of me, however, wonders how the rest of your workload was divided.  Do the people who took on the extra work get extra pay for it?  If your company is anything like mine, the work was probably just added to the full-timers&#8217; responsibilities.  It&#8217;s a great deal for the company because the same amount of work gets done, but they save 20% of your salary.</p>
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		<title>By: Trina</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-2/#comment-743962</link>
		<dc:creator>Trina</dc:creator>
		<pubDate>Mon, 13 Sep 2010 15:31:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-743962</guid>
		<description>I whole-heartedly support and applaud Tim&#039;s decision.  

I&#039;m also interested in the gender politics of cutting back on work to spend more time with family.   

I am intrigued by the responses to this post in comparison to the responses to a female reader story in which the writer made a career change and cut back her hours to spend more time with her family.  She got much more criticism for her decision.  Many of the commenters couldn&#039;t understand why she would give up a high-paying job she hated.  

Why the difference?</description>
		<content:encoded><![CDATA[<p>I whole-heartedly support and applaud Tim&#8217;s decision.  </p>
<p>I&#8217;m also interested in the gender politics of cutting back on work to spend more time with family.   </p>
<p>I am intrigued by the responses to this post in comparison to the responses to a female reader story in which the writer made a career change and cut back her hours to spend more time with her family.  She got much more criticism for her decision.  Many of the commenters couldn&#8217;t understand why she would give up a high-paying job she hated.  </p>
<p>Why the difference?</p>
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		<title>By: Michele</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-743922</link>
		<dc:creator>Michele</dc:creator>
		<pubDate>Mon, 13 Sep 2010 15:21:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-743922</guid>
		<description>I work for a Church in the US and as long as you work 20 hours or more a week, you qualify for paid health insurance. I also have turned down my benefits since I have coverage  under my husband&#039;s plan, and the Church needs the money.I also left full time work in law enforcement for part time work (50% pay cut) that is much more meaningful- first as a Youth Minister, now as a Pastoral Associate. Best jobs I&#039;ve ever had in my life! Congrats Tim and hope you continue to find satisfaction in your work!</description>
		<content:encoded><![CDATA[<p>I work for a Church in the US and as long as you work 20 hours or more a week, you qualify for paid health insurance. I also have turned down my benefits since I have coverage  under my husband&#8217;s plan, and the Church needs the money.I also left full time work in law enforcement for part time work (50% pay cut) that is much more meaningful- first as a Youth Minister, now as a Pastoral Associate. Best jobs I&#8217;ve ever had in my life! Congrats Tim and hope you continue to find satisfaction in your work!</p>
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		<title>By: The Other Brian</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-743822</link>
		<dc:creator>The Other Brian</dc:creator>
		<pubDate>Mon, 13 Sep 2010 14:43:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-743822</guid>
		<description>Good for you, Tim, but I have a hard time not feeling sorry for your co-workers who got caught up in the &quot;move the workload around in the department&quot;.  

That probably means a couple other schleps just got and extra 4 hours of work per week....</description>
		<content:encoded><![CDATA[<p>Good for you, Tim, but I have a hard time not feeling sorry for your co-workers who got caught up in the &#8220;move the workload around in the department&#8221;.  </p>
<p>That probably means a couple other schleps just got and extra 4 hours of work per week&#8230;.</p>
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		<title>By: squished18</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-743812</link>
		<dc:creator>squished18</dc:creator>
		<pubDate>Mon, 13 Sep 2010 14:02:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-743812</guid>
		<description>I enjoyed reading Tim&#039;s article very much. The question for me would be would I give up 20% of my pay to get to work on something I love for one day a week. Thought-provoking...

Thanks,</description>
		<content:encoded><![CDATA[<p>I enjoyed reading Tim&#8217;s article very much. The question for me would be would I give up 20% of my pay to get to work on something I love for one day a week. Thought-provoking&#8230;</p>
<p>Thanks,</p>
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		<title>By: Moon Hussain</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-742822</link>
		<dc:creator>Moon Hussain</dc:creator>
		<pubDate>Mon, 13 Sep 2010 07:36:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-742822</guid>
		<description>I used to work as a programmer for a school district.  Those school board meetings were dreadfully boring.  Still, your story kicks ass and I&#039;m glad you went for something that was meaningful to you AND pays!  Kudos!</description>
		<content:encoded><![CDATA[<p>I used to work as a programmer for a school district.  Those school board meetings were dreadfully boring.  Still, your story kicks ass and I&#8217;m glad you went for something that was meaningful to you AND pays!  Kudos!</p>
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		<title>By: Bill</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-742582</link>
		<dc:creator>Bill</dc:creator>
		<pubDate>Mon, 13 Sep 2010 04:56:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-742582</guid>
		<description>I was asked to take a 20% cut by working only 4 days. That cut me to 32 hours/week. In our company, all benefits are still OK if the regular work week is 30 hours or more. 

After a year and a half of this, and getting old enough for Medicare, I asked my boss last week to let me cut back another day starting in January.

With 24 hours in my week, no benefits, but no problem. I have no debt, the house is paid off and having another day off seems like a great idea.

I had joked with co-workers that the 32-hour week was my semi-retirement, and now I&#039;m ready to make it even more semi. The paycheck is smaller but the freedom is priceless.

Ours is a 7-day operation and my present schedule is working Wednesday-Saturday and off Sunday-Tuesday. The schedule I&#039;ve proposed would have me taking on a slightly different job (which I did previously) and working Monday, Wednesday and Thursday, and off Tuesday, Friday, Saturday and Sunday.

This is just my way of easing into retirement. One day, I just won&#039;t show up and they&#039;ll never notice.</description>
		<content:encoded><![CDATA[<p>I was asked to take a 20% cut by working only 4 days. That cut me to 32 hours/week. In our company, all benefits are still OK if the regular work week is 30 hours or more. </p>
<p>After a year and a half of this, and getting old enough for Medicare, I asked my boss last week to let me cut back another day starting in January.</p>
<p>With 24 hours in my week, no benefits, but no problem. I have no debt, the house is paid off and having another day off seems like a great idea.</p>
<p>I had joked with co-workers that the 32-hour week was my semi-retirement, and now I&#8217;m ready to make it even more semi. The paycheck is smaller but the freedom is priceless.</p>
<p>Ours is a 7-day operation and my present schedule is working Wednesday-Saturday and off Sunday-Tuesday. The schedule I&#8217;ve proposed would have me taking on a slightly different job (which I did previously) and working Monday, Wednesday and Thursday, and off Tuesday, Friday, Saturday and Sunday.</p>
<p>This is just my way of easing into retirement. One day, I just won&#8217;t show up and they&#8217;ll never notice.</p>
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		<title>By: the happiness investor</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-742562</link>
		<dc:creator>the happiness investor</dc:creator>
		<pubDate>Mon, 13 Sep 2010 04:51:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-742562</guid>
		<description>I wouldn&#039;t really consider that a pay cut, it&#039;s more of a pro-rata arrangement. However, that aside it is good to see someone making choices to prioritize what&#039;s important. Good for you and best of luck!</description>
		<content:encoded><![CDATA[<p>I wouldn&#8217;t really consider that a pay cut, it&#8217;s more of a pro-rata arrangement. However, that aside it is good to see someone making choices to prioritize what&#8217;s important. Good for you and best of luck!</p>
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		<title>By: Tanya C</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-742452</link>
		<dc:creator>Tanya C</dc:creator>
		<pubDate>Mon, 13 Sep 2010 03:03:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-742452</guid>
		<description>very good story....I find it very heart-warming to find other people who are not doing things just for money. I think its great that you wanted to do something meaningful that will have a long-lasting impact on your children. The money falling into place is just a lovely bonus. Good luck.</description>
		<content:encoded><![CDATA[<p>very good story&#8230;.I find it very heart-warming to find other people who are not doing things just for money. I think its great that you wanted to do something meaningful that will have a long-lasting impact on your children. The money falling into place is just a lovely bonus. Good luck.</p>
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		<title>By: clares</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-742392</link>
		<dc:creator>clares</dc:creator>
		<pubDate>Mon, 13 Sep 2010 02:28:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-742392</guid>
		<description>your courage is very inspiring! a work-life balance. this is a reader from singapore, where work-life balance is very poor for most of the locals. i am trying to negotiate the same thing with my employer (who has not hired me yet). wish me luck!</description>
		<content:encoded><![CDATA[<p>your courage is very inspiring! a work-life balance. this is a reader from singapore, where work-life balance is very poor for most of the locals. i am trying to negotiate the same thing with my employer (who has not hired me yet). wish me luck!</p>
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		<title>By: HollyP</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-742352</link>
		<dc:creator>HollyP</dc:creator>
		<pubDate>Mon, 13 Sep 2010 02:01:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-742352</guid>
		<description>Good luck with the new lifestyle.

Very timely for me, as my husband chose to leave his job and focus on school last week.  He&#039;d initially planned to work full time while pursuing this degree full time.  Not an easy task when I also work full time, and we have two kids.

The financial hit will not be inconsequential, but overall it will be far easier than not having him around for 2 years.

(But thanks to good budgeting in the past, we expect our emergency funds will outlast his academic career!)</description>
		<content:encoded><![CDATA[<p>Good luck with the new lifestyle.</p>
<p>Very timely for me, as my husband chose to leave his job and focus on school last week.  He&#8217;d initially planned to work full time while pursuing this degree full time.  Not an easy task when I also work full time, and we have two kids.</p>
<p>The financial hit will not be inconsequential, but overall it will be far easier than not having him around for 2 years.</p>
<p>(But thanks to good budgeting in the past, we expect our emergency funds will outlast his academic career!)</p>
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		<title>By: stonalino</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-742342</link>
		<dc:creator>stonalino</dc:creator>
		<pubDate>Mon, 13 Sep 2010 02:01:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-742342</guid>
		<description>Curly Dee, I want to work for your organization!  LOVE that idea!!!!!!</description>
		<content:encoded><![CDATA[<p>Curly Dee, I want to work for your organization!  LOVE that idea!!!!!!</p>
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		<title>By: Pier-Luc</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-742252</link>
		<dc:creator>Pier-Luc</dc:creator>
		<pubDate>Mon, 13 Sep 2010 01:18:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-742252</guid>
		<description>That is totally awesome. I hope I will can do that. That why I&#039;m afraid to quit the student life and get a full time job.</description>
		<content:encoded><![CDATA[<p>That is totally awesome. I hope I will can do that. That why I&#8217;m afraid to quit the student life and get a full time job.</p>
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		<title>By: stonalino</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-742122</link>
		<dc:creator>stonalino</dc:creator>
		<pubDate>Sun, 12 Sep 2010 23:36:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-742122</guid>
		<description>When my first daughter was born, I stopped working on Wednesdays.  When my second daughter was born, I worked only Mon/Wed/Fri.

Those were the best two years of my life.  When my husband lost his job, I went and found a full time gig at another organization (the one I was working in before was toxic, to say the least), and I find myself wishing I could cut back at work after six years of full time.

Tim, enjoy yourself and congrats for the community service!  :)</description>
		<content:encoded><![CDATA[<p>When my first daughter was born, I stopped working on Wednesdays.  When my second daughter was born, I worked only Mon/Wed/Fri.</p>
<p>Those were the best two years of my life.  When my husband lost his job, I went and found a full time gig at another organization (the one I was working in before was toxic, to say the least), and I find myself wishing I could cut back at work after six years of full time.</p>
<p>Tim, enjoy yourself and congrats for the community service!  <img src='http://www.getrichslowly.org/blog/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: jim</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-742082</link>
		<dc:creator>jim</dc:creator>
		<pubDate>Sun, 12 Sep 2010 23:28:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-742082</guid>
		<description>S, 

Company policies vary.   There is no general &#039;rule&#039; that you have to work 40 hr to get medical in USA.   I&#039;m in the US and my company considers 32 hr / week or more to be full time status.  So I could take a 20% time cut and still be full time.  And we are still eligible for medical and pension even if we&#039;re part time.   My understanding is that Starbucks has medical insurance for people working 20hr/week or more.   Of course I understand there are companies that don&#039;t have as good of benefits.</description>
		<content:encoded><![CDATA[<p>S, </p>
<p>Company policies vary.   There is no general &#8216;rule&#8217; that you have to work 40 hr to get medical in USA.   I&#8217;m in the US and my company considers 32 hr / week or more to be full time status.  So I could take a 20% time cut and still be full time.  And we are still eligible for medical and pension even if we&#8217;re part time.   My understanding is that Starbucks has medical insurance for people working 20hr/week or more.   Of course I understand there are companies that don&#8217;t have as good of benefits.</p>
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		<title>By: RateNerd</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-742062</link>
		<dc:creator>RateNerd</dc:creator>
		<pubDate>Sun, 12 Sep 2010 23:18:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-742062</guid>
		<description>I took a much bigger pay cut when I quit my big corporate job and went on my own.  The trick was having the nerve to stick with it during the &quot;dips&quot;, which are inevitable.  Its all good now!</description>
		<content:encoded><![CDATA[<p>I took a much bigger pay cut when I quit my big corporate job and went on my own.  The trick was having the nerve to stick with it during the &#8220;dips&#8221;, which are inevitable.  Its all good now!</p>
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		<title>By: Jaime</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-741932</link>
		<dc:creator>Jaime</dc:creator>
		<pubDate>Sun, 12 Sep 2010 22:42:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-741932</guid>
		<description>@ Rachel - agreed 100%

@ Tim - great article. :)</description>
		<content:encoded><![CDATA[<p>@ Rachel &#8211; agreed 100%</p>
<p>@ Tim &#8211; great article. <img src='http://www.getrichslowly.org/blog/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: CurlyDee</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-741922</link>
		<dc:creator>CurlyDee</dc:creator>
		<pubDate>Sun, 12 Sep 2010 22:36:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-741922</guid>
		<description>I also voluntarily took a 20% cut in my pay almost 3 years ago.  My employer offers a program called 4 for 5.  For 4 years you take home 80% of your salary and my employer banks the other 20%.  The fifth year I have completely off, and I am still paid 80% of my pay (in bi-weekly instalments).  My job is guaranteed for me to return to, but I am hoping to use my year to start my own business while I still have a steady income coming in.

I also hardly noticed the change in my pay because of the taxes. Since taking the 20% cut I have bought a house and paid down $21 700 in debt.

The funny thing is, in 22 years I am the first employee to take advantage of the program.  All of my co-workers keep saying that they want to, but they just can&#039;t afford the 20% cut.</description>
		<content:encoded><![CDATA[<p>I also voluntarily took a 20% cut in my pay almost 3 years ago.  My employer offers a program called 4 for 5.  For 4 years you take home 80% of your salary and my employer banks the other 20%.  The fifth year I have completely off, and I am still paid 80% of my pay (in bi-weekly instalments).  My job is guaranteed for me to return to, but I am hoping to use my year to start my own business while I still have a steady income coming in.</p>
<p>I also hardly noticed the change in my pay because of the taxes. Since taking the 20% cut I have bought a house and paid down $21 700 in debt.</p>
<p>The funny thing is, in 22 years I am the first employee to take advantage of the program.  All of my co-workers keep saying that they want to, but they just can&#8217;t afford the 20% cut.</p>
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		<title>By: David/moneycrashers</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-741782</link>
		<dc:creator>David/moneycrashers</dc:creator>
		<pubDate>Sun, 12 Sep 2010 21:45:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-741782</guid>
		<description>There is no truer joy in life to me than being able to quit your &quot;day job&quot; in order to do something more fulfilling and still be able to pay your bills.

Bravo to the author</description>
		<content:encoded><![CDATA[<p>There is no truer joy in life to me than being able to quit your &#8220;day job&#8221; in order to do something more fulfilling and still be able to pay your bills.</p>
<p>Bravo to the author</p>
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		<title>By: NoTrustFund</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-741772</link>
		<dc:creator>NoTrustFund</dc:creator>
		<pubDate>Sun, 12 Sep 2010 21:43:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-741772</guid>
		<description>I really enjoyed this post as it is something I have been considering doing myself.  I would be interested in hearing how this affected benefit issues.  I realize Tim works in Canada, but maybe someone who lives in the US has a similar story.

Thanks so much for sharing Tim!</description>
		<content:encoded><![CDATA[<p>I really enjoyed this post as it is something I have been considering doing myself.  I would be interested in hearing how this affected benefit issues.  I realize Tim works in Canada, but maybe someone who lives in the US has a similar story.</p>
<p>Thanks so much for sharing Tim!</p>
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		<title>By: Lynn</title>
		<link>http://www.getrichslowly.org/blog/2010/09/12/reader-story-i-got-a-20-pay-cut-and-loved-it/comment-page-1/#comment-741742</link>
		<dc:creator>Lynn</dc:creator>
		<pubDate>Sun, 12 Sep 2010 21:28:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=44882#comment-741742</guid>
		<description>I did something similar - negotiated down to 60% time. Unfortunately, that also makes it easy for managers to &quot;cut&quot; if they are told to reduce by X persons. And so I was laid off 6 months later (even though I was still top performer in the dept).</description>
		<content:encoded><![CDATA[<p>I did something similar &#8211; negotiated down to 60% time. Unfortunately, that also makes it easy for managers to &#8220;cut&#8221; if they are told to reduce by X persons. And so I was laid off 6 months later (even though I was still top performer in the dept).</p>
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