
The company I've been working for over the past month is a start-up, and that means that nothing is secure. I asked my boss to defer my first paycheck, hoping that he could get payroll arranged by the time I would be expecting my second paycheck. However, the DC government rejected his application for a business license because of a couple of things that seem really minor, so he can't set up the payroll yet.
Another thing that's not secure is the cash flow. We've got some cash coming in next month, including the payment for the work that I'm doing right now, but he may not have the money to pay me next week.
He and I have had frank discussions about this. Right now, I'm committed to the success of this company and I trust him to find the work for us and pay me what I'm due. I still have some savings that can carry me through another month or two, although I'm not used to feeling this insecure about my finances. I haven't lived paycheck to paycheck in years, so this is uncomfortable. Reasoning with my anxieties has been working well so far.
One relief is that he has agreed to pay the $265 for my health insurance plan that I continued from my previous company. That's my biggest expense each month, after my rent, so this helps my attitude immensely.
Rationally, I'm not concerned. My worst-case scenario is that I call my mom for an infusion of cash and I sign up with a temp agency, which will provide work almost immediately. My living expenses are low enough that I don't have to be choosy.
I'm confident that we will get the work and this will be a fantastic job for my foreseeable future. It's just a little rough right now.