Can I Do Any Better With This?

OMAR

DEBTS
£144.24 @ 5.9% - Alliance and Leicester Loan (3.5 Yr Left)
£265.34 @ 9.9% - Tesco Loan (4.5 Yr Left)
£4000.00 @ 0% - Virgin Card Until March 2009

OTHER DIRECT DEBITS
£29.50 Gym - Total Fitness Full Membership Fixed
£12.00 BT Line Rental Basic One - Only Use for Internet
£19.97 Tesco Broadband - Links with Above
£29.30 Life Insurance - Legal and General LC + CIC (25 Yr Fixed - £200k)
£35.00 Mobile - O2 Online 400 - Ends Sept 2008

I am 24 still living at home and want to get a property as soon as possible.....

IWantToBeFree_2

Can definately do better on the mobile, £35 is quite high, what do you get for that? I have an o2 contract that my mum uses (but comes out of my bank) and get 1,000 texts and 400 minutes for just £19.99 a month on a 12 month contract....

Could also bring down the internet costs, can you not get that through o2, its about £7.50 with an o2 contract.

OMAR

£35 quid.....get 800 mins and 1000 txts me thinks.......18 month contract......

Cleosmum

if you went with talk talk you would halve your phone and broadband costs, at least. You can also go via a cashback site to swap and make some money that way. Look at your mobile costs, very high.

Can you overpay on the loans? They are very small amounts, could you clear those quickly? Are those figures correct? Length of time right?

Cleosmum

Actually, if you only use your phone line for internet then have you thought about O2 mobile broadband?

OMAR

so would that mean cancelling BT and Tesco and just having O2

OMAR

any ideas on mobile?

Deep_In_Debt

It's a shame you can't get rid of the gym subscription? It's costing a lot and is it really necessary?

I used to be a member of a gym but find it far nicer and more interesting to excercise for free outside - i.e. jogging and walking.

Do you really need life insurance at your age and living at home? I've only got it because I have a mortgage and don't want my family to struggle when I go (a while off yet, I hope!).

Cleosmum

OMAR wrote: »

so would that mean cancelling BT and Tesco and just having O2

Yep! As you have an O2 contract you get it for £7.50 a month, rather than £17.50.

edit; Sorry, its home broadband thats £7.50 a month, looks like mobile is £20 a month.

cantcope

If you are living at home with your parents do you really need life insurance?

OMAR

its more about the CIC Cover