Saturday, July 26, 2008
Some Financial Oxygen
If I had a huge source of income, having all this debt wouldn't be a problem. It's not having all that income that causes problems for me. Thus I'm always looking for other sources of income.
Today I got somewhat good news.
I have been doing some freelance work for a company. This year I have been billing them almost monthly. When I presented my bill in May they gave a big run around saying that the general manager needed to talk to me.
July came and still no money. I finally got to talk with the general manager and she said that the board of directors was concern over how much money they were paying me and that they wanted to work something out with me to lower my billing to them.
I explained to her that I was willing to switch to a montly billing instead of a per hour billing. I would lower my equivalent per hour fee by about 33%. She would have a way to lower her bill and budget my cost and I would get a scheduled income as opposed to a every-now-and-then check.
She said she would take it into consideration and paid me that last bill. I quickly paid some of the monthly bills I had back then and did some purchases and bought some medications. I know I spent most of it on debt payments so I feel good about that. My wife wanted much more that what I ended up giving her. She still doesn't grasps how much I really do owe, or doesn't want to face it.
Today, the general manager calls to tell me that she hasn't made up her mind yet but that she needs me to do some work for the company and that I can bill her by the hour but if I could please lower my rate. I told her I would lower a bit it but not to the level I would if she payed on a monthly basis. She agreed and quickly sent me some work I had to do for next week.
So I hope I can do this work and be able to bill her soon enough to pay some of my debt specially my mom and the cellphone card so I can finish off those debts and focus on the other ones.
I also hope that she will eventually agree to pay me monthly instead of hourly. She and I go way back. I've been doing work for her for more than 10 years, but only since about 2003 have I been working as close and with such an importance to her company's daily operations.
She can't really hire me since she couldn't afford my full salary, but she is ok with the arrangement we have. My offer to her was to be even more close in contact with her company and onsite on her 3 locations (Tegucigalpa, San Pedro Sula, and La Ceiba). She said it was an interesting proposition since she was downsizing her company and need more part-time asistance rather than a full time person there.
What do you think about this ? Right now as I'm writing this my computer is churning up some of the work she asked me for next week. I will keep working this weekend. At the same time I'm monitoring another task i'm doing for a US company (more on that later). Well, the computer is done. Time for me to get back to work.
Well, at least this blog is free.