My 1st Paycheck

August 6, 2011

I have some exciting news!!!

I just paid myself my first paycheck!!!!!! EEEEEEEeeeeEEEE!!!

lol, I know, you’d think I’d never worked a day in my life. But this is the first check I have made out to myself from my own business. Yes, it’s officially been open for nearly a year (October 1st, 2010 if anyone wants to know). And yes, I had already “turned a profit”…..since there is almost no overhead, so I could have been paying myself before now. But since I did not fund this business with any capital, I wanted to make sure there was a little bit in the bank account to help get things set up more in a few months. July was the 1st month that I calculated the gross income and then made out a check for the 75% that I had determined so long ago would be my percentage when working a job personally.

So on August 3rd, I deposited my 1st paycheck for $600!! (gross: $800) I am (obviously) very excited about this and would be no matter the amount. But the fact that it is a fairly signifanct amount? I am THRILLED!! It was about mid-way through July when I looked at the schedule for the month, as well as some preplanned jobs for August that I realized how much I was bringing in. That’s when I determined that hey, this seems to be rolling right along now – maybe I am in a good position to start actually paying myself!  And so here I am. From this point forward I do not plan to “baby” the business, but to partake of it as a success – even at this small scale level. At the end of each month I will total the income, figure my standard share, and write myself a check. As for growth, in the next few months (after VECCS in September), I intend to:

  • Solidify the underlying business structure
  • Network to find potential contract employees
  • Develop a marketing strategy
  • Market and promote the business to new clinics & increase referrals in my current ones

My current monthly household budget requires me to make an extra $600-800/mo. (Without counting any PAH income) Which is 3-5 relief shifts, depending on day vs. night, overtime vs. outside clinics, length of shift.

As it stands now, that $600 paycheck I just paid myself is equivalent to 2 overtime graveyard shifts or 3 overtime day/swing shifts! Plus, I am on track currently for August to receive a paycheck from PAH of $450 even if no more clients appear before the end of the month.  And I have already scheduled  $500 worth of overtime relief shifts, plus 2 days of on-call that if called I am called in, will result in a minimum of $100 each, up to $200 each. So I am well situated for August, and in September I am not currently scheduling any extra shifts!

I am just so happy that the business is going well, despite the little efforts I have made to grow it. I have several returning clients and that is the best recommendation of all.

www.petsathomenw.com

  It was quite a busy week around town. And besides shopping, I had a busy week elsewhere! This weekend was my rotating Saturday night shift and I have a client on Saturday mornings that requires 2 hours driving time (roundtrip), then there was 3 different store with coupon deals that required shopping on Sunday due to coupons that expired that day. Sunday night I had to do all my reading and prepwork for study group on Monday night, I had to go to my client again first thing Monday morning, 5 hours sleep, then study group, then I had picked up an extra shift that night. Swung by 3 more stores on the way home today. Phew! I now have 2 days off and a long list of chores that need to be done!! But no more shopping until next week!! I swear!

So I did a lot of couponing this weekend. It was a doubler weekend at Albertson’s and I stopped in 3 times. Plus one trip to Safeway, one to Top Foods, one to QFC, a HUGE trip to Rite Aid, and a trip to Walgreen’s. This is a VERY NON-typical week for me! I nearly always have at least one trip to Rite Aid & Albertson’s, 2-3 trips to Albertsons on doubler weeks, and here and there to the others, with rarely going to Walgreen’s or QFC. And yet, somehow this week there were amazing deals at each and every one! It’s funny because I had just taken a huge amount of groceries/toiletries into work which were snatched up quickly by the coworkers. And in just one week I’ve made huge progress in rebuilding my surplus pile! At least I’m putting those newspaper subscriptions to good use!

Something that I have commented briefly on in the past is that I don’t want to get so wrapped up in the “deal” that I lose sight of what I am buying and exactly how much money I am spending. If I have 20 tubes of toothpaste in my surplus pile, I can skip some deals. And if it is an item that I won’t be personally using, even if it’s a good deal, if it costs me money, that’s still money that I am throwing away.  Also, I am trying to make a more conscious effort to eat healthier. Yes, I love chips. And candy. And various junkfoods. And yes there are plenty of good deals on those. But I don’t want to be eating large amounts of those type of foods, so I am learning to pass up those deals also. There really are great deals out there for healthy foods! If I ever had time (hahahhaaha) I think I would put together a couponing blog focusing only on healthy lifestyle couponing.

Ok well I want to show you what I got!  The total for ALL the stores is $13.85!!!! I wish I had a picture of everything but here’s the list:

 

Albertson's #1 $3

 

 

 

 

 

 

 

 

Albertson's #2 & 3 $3.17

 

QFC $1.59

 

Rite Aid $9.50 moneymaker!

 Ok so here’s the purchase list:

Albertson’s – $6.17

(10) Atheno’s greek yogurt
(4) Snackwells cereal bars
(5) TicTacs
(1) bag Twizzlers
(1) Franz WW bread
(1) Franz WW english muffins
(1) Franz WW mini bagels
(1) Driscoll’s raspberries
(1) Friskies canned cat food
(3) bags Kraft 2% mozzarella shredded cheese

Except for candy, all quite healthy items, including meal stuff

Safeway – $8.02 (not pictured)

(1) 20lb Tidy Cats scoop litter
(5) Fiber Plus cereal

I actually needed to get cat litter, and the cereal was 0.49ea and will make an excellent healthy snack item. Plus each box came with $5 worth of coupons, including $1 off fruit wyb 2 boxes any Kellogg’s cereal – doesn’t expire til March 2012 so will definitely happen upon more cereal deals before then! So really it’s like I made 0.51 on each box once I redeem the free fruit!

QFC – $1.59

(8) Beggin Strips
(5) bags frozen brussel sprouts

This was an incredible deal, one of those too-good-to-be-true! I have to break it down for you:

Transaction #1
Buy 8 Beggin Strips at $4.19ea = subtotal of $33.52
Store sales promotion is BOGO = -16.76
Sales tax now calculated = new subtotal of $18.35
Use 4 BOGO insert coupons from SS 5/8 = $1.59
Pay $1.59, receive $5 catalina (wyb $30 worth of Purina products)

Transaction #2
Buy 5 bags Kroger frozen veggies – $1ea
Use $5 catalina from transaction #1
Pay: nothing!!

The Beggin strips will go to work to keep patients very happy (I saved a couple of bags for Emmy). And I actually love oven-roasted brussel sprouts and they are never included in the $1 sales that Albertsons and Safeway have! So I am very excited by this one!

Top Foods – $2.10 (not pictured)

(2) 2lb bags of whole carrots
(3) yellow onions

Great cooking/snacking essentials at rock bottom prices!

Walgreen’s – $4.60 (not pictured)

(2) 12pk Cottonelle TP
(1) Crayola washable markers
(3) Folders (filler- 0.11ea)

Less than $2ea for the TP, donated the school supplies.

Rite Aid – $8.83 MM!

#1 – J&J deal ($10 UP wyb $30)
(4) Bengay – 4.94ea
(4) Stayfree – 3.99 BOGO50%
(2) Folder/Envelopes – 0.29ea (fillers)
= $31.73 (34.74 w/ tax)
-(4) $3/1 Bengay from 7/31 RP
-(4) $2/1 Bengay in-ad
-(2) BOGO Stayfree (-3.99ea) from SS 6/26
Paid: $6.76, get $10 UPR

#2 – Oral care deal ($5 UP wyb $25)
(4) Crest 1L mouthwash – 5ea
(1) Oral B battery toothbrush – 5.99
=$25.99 (28.46 w/ tax)
-(4) $2/1 Crest from PG 7/31
-(1) $3/1 Oral B from PG 7/31
use $10 UPR from #1
use $3/$15 survey coupon (NLA)
Paid: $4.46, get $5 UPR, submit $10 SCR (Crest), $2.99 SCR (Oral B)

#3 – P&G deal ($10 UP wyb $30)
(8) Gillette body wash – 3.98ea
=31.84 (34.86 w/ tax)
-(4) BOGO from 6/5 PG
-(4) $2/1 Gillette body wash from 7/31 PG
use $5 UPR from #2
use $3/$15 survey coupon (NLA)
Paid: $2.94, get $10 UPR

Total OOP: $14.16
Leftover: $10 UP, $12.99 in SCR
Final Trip Price: $8.83 profit!!