Work is Holding my Money Hostage!
How many of you incur expenses through the course of your job? I regularly incur $200 to $500 of expenses on a monthly basis that work reimburses me for. The only problem is : I only get reimbursed once a month on the 15th, and then only for the prior month's expenses. So if I incur an expense on July 1st, I won't get reimbursed until August 15th. This isn't a big deal, but it makes me feel like I've spent more than I should have. And sometimes it feels like forever before the money comes in.
On the plus side, I get to earn airline miles on the credit card I use. One time I had a $4,000 bill that I paid on behalf of work and managed to get reimbursed before I got hit with any interest charges.
I've never asked my work to change this policy, so I would love to hear any other employer policies on this issue. Maybe I'll get an idea I can get my employer to go for.
posted by Please Read @ 7:44 AM
3 comments
3 Comments:
Excellent post. It got me thinking, actually, since I've had the same issue. The difference is, I really let this phenomenon enable some bad debt-building habits the threw me deeper into debt. see?
Have you found that this cycle affects your finances the same way, at all?
I am lucky enough to have a work credit card that I use. So I never see the bill, I only record the expenses.
Chippingaway - I left a comment over on your blog. I've let this cause me to build up debt on occassion. I'm considering switching to another card that I would just use exclusively for work, but I don't want to miss out on the airline miles. If it gets worse, I may just have to.
Chris - Your company sounds pretty no hassle, guess you don't really have to worry about it huh?
Post a Comment
<< Home