Moving to the Country…The Finances

As promised here is a little update on the finances of our move to the country. As you’ll see below this move is being done solely for lifestyle reasons and is certainly not financial motivated in any way.

My wife is on maternity leave for the next 2 months so the move will have no impact on what she brings in (in the short term). However, she works in a field that is in demand everywhere and she doesn’t anticipate having any trouble finding work once her maternity leave is up. However, it’s a different story for me as I currently work in a specific area of technology that doesn’t exist up north. Luckily for me I do have some other skills to bring to the table and was able to get a part-job in Information Systems for a government organization. My new hourly wage will be considerably below what I currently make and accounting for the lower wage and reduced hours I will probably be taking around a 65 to 70% pay cut. However, for what it’s worth my actual take home pay will probably be about 40% of my current take home due to less taxes, benefits and pension contributions.

On the plus side I’m still under thirty, live where I want, in the house that I want, and for all intents and purposes am semi-retired.