Posts Tagged ‘Relationships’

February monthly goal meet up

You may have heard that I am hanging tight with my professional progress.  I’m not setting out to change my situation (for once!), I am enjoying where I am right now and focusing on what’s in front of me.  I’ve found a professional goal that I can still go after.  The catch is: I can’t do it, my husband has to do it.  He’s an engineer and recently eligible to become a professional engineer (PE).  To become a PE, you need a 4 year degree from a recognized university (check), 4+ years working as an engineer (check), and to pass a very difficult exam that is only given twice year.  The consulting firm where he works offers a very enticing bonus and raise to PE holders, since they can charge a higher billable rate for their work. He wants to it for job security, possibility of more latitude and plum projects at work, as well as for the raise.

He signed up for the April exam last November, and I noticed that he hadn’t studied much.  So, I let the dust from the flurry of year work projects and family parties and travel settle.  On new years day, while we all nursed hangovers and made resolutions, I took out my calculator.

I calculated the amount of the raise between his test and next available test + the bonus.  That’s the 2010 money at risk if he doesn’t study. Then, I divided the money at risk by the number of weeks between today and the test.  That is the money wasted by not studying that week.  For arithmetic simplicity, let’s say it a $500 bonus and $5000 raise.  The bonus won’t change if he needs to take the exam again, but passing the first exam makes the raise is worth $2500 more because the next test is available in 6 months.

($500 + $2500) / 15 weeks until the exam = $167 wasted if not studying over a certain week

He set out a plan of what he needs to cover and how many hours he’ll need to study in a given week to be prepared.  In weeks that he hits the goal, I’ll cut him a $167 check and he can watch that money accumulate or do whatever he wants with it.  In weeks that he doesn’t study that amount, I will waste the same amount of money that “effectively wasted” by not studying.  So he doesn’t look for a silver lining I’ve assured him that I won’t put it toward anything practical or worthy.

It’s a dissonant feeling for me to set something as a goal that I’m supporting, not personally accomplishing.   I’m following this road, because it will lead to dollars in my pocket and hopefully to satisfaction.  I’ll keep you posted.

Once more, here is what I’m up to in January/February –

1. Enjoying this moment

2. Supporting (and enforcing) my husband’s test prep