Thread: Casual Work and Monetary Discipline

Hello All,

Working on a casual basis is a relatively new thing to me. So, as I enter the start of the Christmas shutdown - for my first time - commencing on this Friday, I just counted the number of days that I do not work. Hence the amount of days that I do not get paid. It made me wonder if, as the enterprise award suggests, there is a twenty-five percent loading paid on every hour that I work; what would have happened if I had exercised more monetary discipline and separated that 25 percent away into a sub-bank account, each pay period. Then during things like public holidays there would be this little reserve fund of the accumulated 25 percent that I could access.

Then I wondered if anyone is actually disciplined enough to set aside the 25 percent? Not just go, 'well this is the money I have been paid so it will be all earmarked for different purposes - normally spent'. Feast and then famine. The whole Aesop's fable of the ant and the grasshopper stories that many generations have been taught as children.

It is good to know that there is a job to return to on the 2nd of January though. My previous employment history has included many festive seasons that found me unemployed. I reckon working casually is a significant step up from previous occasions.

Kind regards
Lionel

Originally Posted by cripesamighty

Open up a separate savings account and set it to automatically transfer the equivalent of 25% of your pay from your main account into it a day or two after payday. You just have to remember to suspend the transfer when you are not working. This works when you have roughly the same amount going into your account on a regular basis of course!

Hello Cripesamighty,

You mentioned an issue that I experience at work within your reply. My hours per day and the number of days I work can vary significantly.

I will endeavour to overcome my fiscal tardiness when 2024's first pay cycle rolls its way around.

Kind regards
Lionel