I don't yet know the details, but it'll most likely represent at least a 20% pay cut. And realistically, it'll be closer to 30%, because I'll lose overtime pay as well.
We're trying to watch our spending a bit more, cutting back on things we don't really need. On the home improvement front, we'll only be spending money to complete projects that we've already started, or critical maintenance items - but no new projects.
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