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One side income dried up

October 17th, 2008 at 09:16 am

Hubby just told me that the companies that we host back-up servers for in our basement have decided to stop paying. Great.

We pay $460 a month for the T-1 line to host the servers, and they paid us a total of $800/month for the service we provided.

Looks like it's done, but we still have to pay for the T-1 line until Feb., thanks to our contract. I'm pretty sour about it, as this figured into our monthly savings goals, and now I have an extra $460 a month in bills that won't be covered.

I may ask the company if we can terminate the T-1 contract early. If the fee is cheaper than carrying the line, it just makes more sense.

2 Responses to “One side income dried up”

  1. Joan.of.the.Arch Says:

    Ohhhhh! [said in voice trailing off in sad wistfulness] I was just talking to my husband about how I am afraid we will lose chunks of the internet due to no one wanting to pay for server space if the economy gets really bad. Sorry for your own loss of income, too, of course.

  2. thriftorama Says:

    Well, we'll manage. It just makes me upset. I think in this case it doesn't have to do with the economy, it has to do with issues the clients had during Gustav and some bumbling response on the part of our rep down in Nola who makes the deals. So, it's frustrating because it wasn't due to any mistake on our part.

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