Author Topic: 4 day week... what to do with "spare" day  (Read 5546 times)

esprit-de-lescalier

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4 day week... what to do with "spare" day
« on: November 24, 2015, 03:16:57 AM »
I'm currently in my accumulation phase and quite a way from FIRE. My company is currently going through a rough patch and every employee is being put on a 4 day week with the associated 20% cut in salary. Something of a kick in the teeth, but as I'm Mustachian, I can roll with it a lot better than others (my saving rate goes down, but others will struggle with mortgage payments)

I'm trying to look on the bright side of having a 3 day weekend every week and I'm thinking of it as a taster of RE. However as my wife works and my kids will be at school it will be just me on my own, which sucks. To be honest I'm struggling to think of things to do. You can only clean the house so many times.

Has anyone else been in this situation and what would you do with your "spare" day?

anotherAlias

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Re: 4 day week... what to do with "spare" day
« Reply #1 on: November 24, 2015, 04:37:24 AM »
Get groceries,  do laundry, run any other errands, learn a new skill.  Those are the things I do on my afternoons off.

Frankies Girl

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Re: 4 day week... what to do with "spare" day
« Reply #2 on: November 24, 2015, 04:47:49 AM »
Part time job? Volunteer at the library or your kids' school or someplace else? Bike/hiking? Sports league? Take a class? Pick up a new hobby? Teach yourself how to repair something? Read, garden, paint...

Totally agree that doing things like errands, cleaning and grocery shopping and other routine crap like that would be highly beneficial to the rest of the down time you have with your family.

I personally love being alone, so the idea that you think being on your own without the wife and kids for one day a week "sucks" is a foreign concept, but I'm an introvert and enjoy solitude. ;)

kamille

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Re: 4 day week... what to do with "spare" day
« Reply #3 on: November 24, 2015, 05:05:50 AM »
I find that doing tasks like grocery shopping or any other kind of shopping is so much easier in the middle of a weekday because of less crowds. If you go to a gym or exercise at a park, weekdays are less crowded too. I'm an introvert and enjoy the alone time so I can do my hobbies distraction free. You could also use that extra day for a side business to generate extra income.

esprit-de-lescalier

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Re: 4 day week... what to do with "spare" day
« Reply #4 on: November 24, 2015, 06:12:10 AM »
...doing things like errands, cleaning and grocery shopping and other routine crap like that would be highly beneficial to the rest of the down time you have with your family.

That's a good point, thanks. Probably time well spent. Although I fear that might just give my family more Netflix time!

Part time job? Volunteer at the library or your kids' school or someplace else?
You could also use that extra day for a side business to generate extra income.

I had thought about that, recoup the money somehow, but I have no idea where to start. I considered buying stuff from charity shops and selling it on eBay but from a little reading it seems there would be minimal returns. I don't really want to take a "proper job" as there would be tax implications etc

Gone Fishing

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Re: 4 day week... what to do with "spare" day
« Reply #5 on: November 24, 2015, 07:20:19 AM »
Adding another W-2 to your tax return is about as simple as it gets.


Cornbread OMalley

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Re: 4 day week... what to do with "spare" day
« Reply #6 on: November 24, 2015, 08:00:32 AM »
I would find a group of people who share an interest of yours and go hang out with the group.  For example, I hang out with a travel group.  They are all older folks, but they are a wealth of information.

Ceridwen

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Re: 4 day week... what to do with "spare" day
« Reply #7 on: November 24, 2015, 08:02:56 AM »
Grocery shopping and meal prep for the week, and laundry.  With those big tasks out of the way, your whole family will have more time for fun on the weekends.

Noodle

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Re: 4 day week... what to do with "spare" day
« Reply #8 on: November 24, 2015, 09:06:03 AM »
Been there and done that, although I did not have a family at the time. Things on my list:

1. Job hunting and professional development. My employer was famously unstable so I spent some time looking around at other options, networking in on-line forums, etc. I did in fact end up getting a new job.

2. Side hustle--nothing fancy here, I just did online consumer surveys and Amazon Turk. It's not a lot per hour, but since I was going to be home anyway, why not? It accumulated to some real money. Being home during the day, depending where you live, means you might also be able to do focus-groups in person. Those pay much better.

3. Freeing up weekends by getting things done on during the weekday--not just cooking and cleaning, but errands like haircuts, car maintenance, taking checks to the bank, etc. I would think with a family there would be a lot of stuff like that to do.

4. Doing more time-consuming frugal and DIY projects--for instance I liked going to the odd lots grocery store that had super prices but was quite inconvenient (and crowded on weekends). Even if you're not a DIY guru, perhaps there are projects like taking old stuff to the Goodwill or cleaning up the yard that need to be done? I bet if you sat down with your wife and brainstormed a list together you would come up with a number of things to be done. I've got a list of  about twelve and I live in a tiny condo!

5. Fun: I actually ended up doing a lot less of this than I anticipated because 1-4 kept me so busy. Some of the things on my list--free lunchtime concerts put on at various venues for the office workers downtown, free library programs, matinees of movies that nobody else wanted to see with me, etc. etc. If you start perusing the calendars of libraries, museums, etc you will see that there are quite a few cheap/free programs during the day because they are aimed at retirees who are presumed to have limited budgets. I did already have a volunteer gig and they were delighted to have someone available during the weekday (it was mostly professional people who volunteered on weekends). Also, protip--if you are the kind of person who enjoys museums, 2-5 PM on weekdays is the best time to go to avoid crowds. The school groups have gone home, the tourists are tired out, and working people are still at their day jobs. If your wife gets an actual lunch break at work, maybe you could take a nice lunch to her and have some couple time.

esprit-de-lescalier

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Re: 4 day week... what to do with "spare" day
« Reply #9 on: November 24, 2015, 11:21:49 AM »
Thanks All, some great suggestions there.

ysette9

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Re: 4 day week... what to do with "spare" day
« Reply #10 on: November 24, 2015, 01:42:07 PM »
If you can roll with the pay cut without too much hassle then I think you have been handed a golden ticket. My company has most people on a 9/80 schedule so I get every other Friday off. I LIVE for my three-day weekends! It does help that all of my work friends are on the same schedule so we can hang out on those days if we want. There have been plenty of good suggestions already. Here is how I do and have used my off Fridays.
  • Get all of those nasty chores out of the way early so weekend can be fun time
  • Dentist/doctor/car/other appointments that can't be done on the weekend
  • Exercise
  • Meet up with friends
  • My husband takes the occasional Friday off with me and we leave our kid in daycare and have a date. Last Friday we went surfing - yay!
  • Volunteer
  • Read personal finance blogs :)

Daisy

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Re: 4 day week... what to do with "spare" day
« Reply #11 on: November 24, 2015, 02:59:47 PM »
If you are on this forum, aren't you planning for a 0 day work week at some point?

I'm not sure I understand why you are worried about this if your plan is to FIRE. I'd love a 4 day work week, and actually gave myself many over the summer by using up my extensive number of vacation days

esprit-de-lescalier

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Re: 4 day week... what to do with "spare" day
« Reply #12 on: November 24, 2015, 11:51:01 PM »
If you are on this forum, aren't you planning for a 0 day work week at some point?

I'm not sure I understand why you are worried about this if your plan is to FIRE. I'd love a 4 day work week, and actually gave myself many over the summer by using up my extensive number of vacation days

The only problem is it delays my 0 day week timing as I'm 20% short of my planned income. It's a good taster of RE so I guess as ysette9 says, it might well turn into a golden opportunity.

JJNL

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Re: 4 day week... what to do with "spare" day
« Reply #13 on: November 25, 2015, 12:25:16 AM »
I'm also on a 4 day work week while wanting to work 5 days (yay for civil service reorganisations - my boss is forbidden from hiring me back for the extra day until the reorganisation is finished). I second most of the recommendations on here. I have used my day off to:
- study. I am taking a part time degree (not very Mustachian, it costs money), which I hope will give me better career options afterwards.
- do groceries, much nicer and quieter compared to the weekend, especially at Aldi and Lidl (the cheap grocery stores)
- do chores
- make doctors / dentists / other appointments so I don't have to take time off on another week day
- go running, this is especially nice in winter, when I don't get to run in daylight on the days that I am working

The non-fun things usually fill up my Friday, but I also occasionally go to a museum or a movie by myself. Or I have Friday afternoon drinks with a friend who also doesn't work on Fridays (this is quite normal where I live). I started working 4 days because of a side gig in politics - could also recommend that :).

JAYSLOL

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Re: 4 day week... what to do with "spare" day
« Reply #14 on: November 25, 2015, 08:26:58 AM »
Side-Hustle Time!  Yeah you could get all the chores done and free up your weekend, but it sounds like you would put the extra income to good use buying permanent freedom down the road.  I would focus on starting a business and paying yourself on the 5th day each week.  If you do please share!

boarder42

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Re: 4 day week... what to do with "spare" day
« Reply #15 on: November 25, 2015, 08:52:03 AM »
man i wish my company would do this.  i plan to do it myself in about a year or 2 but one year early would be fun.

 

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