A few months ago, I posted about the first major financial change I made – changing my medical insurance. Since then, life has changed drastically! I left my old job where I made those changes and relocated 900 miles away to work for a new organization. I wrote another posted about “Why I Decided To Quit My Job”, but this post is where I wanted to share how that major change has impacted both myself and my family positively so far.
Cost of Living
We were living in a major city, within city limits, where a 900 sq ft apartment was running us $1400 a month plus utilities. While my fiancé and I each had salaries that matched that cost of living, we ended up not having a lot left over at the end of each month once bills were paid. We moved to a much more “rural” area (and I put that in quotes because technically the nearby town is suburban, but we live 15 miles outside of that town in a rural area). We now have a an approximate 1400 sq ft house that costs us only $800/mo, plus utilities. We have not yet received our first found of utility bills, other than our gas bill, which is less than $5 for the 2 weeks we lived here….
I took about a $30k pay cut to come here, but I was getting paid 22% more than the national average due to the high cost of living in the city we lived in. When you take that percentage out, I took an approximate $12k pay cut, which is not as significant. My fiancé took about an equal $30k pay cut, but still has the opportunity for overtime.
Even though I do most of my shopping at Walmart, we were still paying about $500 a month for groceries. Here, we are averaging about $300 a month for the same amount of items. We are still sticking to our guns about eating out only once a month, so considering we eat at home most nights and are feeding a pre-teen who is constantly hungry, I feel $300 a month is very reasonable.
Peace of Mind
At the end of the day, you could make a ton of money and still be miserable. And that’s exactly the situation we were in. Together, we made close to $200k and we were exhausted, angry, and just downright miserable. Now, we make close to $100k but are SO. MUCH HAPPIER. As Zac Brown Band states, “you can’t put a dollar sign on a peace of mind, this I’ve come to know”.
My other major financial change that has happened (which I didn’t know was going to happen) is that now I work for a non-profit who puts a TON of money into their employee health insurance. It is only costing me $480 for medical, dental, and vision insurance FOR THE YEAR!! I know! I almost fell over when I read that number too! it’s like giving myself a few thousand dollar raise! See? that initial cut is making itself up in other ways!
Sometimes taking a risk pays off!