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Moral support needed!
Comments
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Derv - I wouldn't get anywhere if I didn't realize where the debts were coming from, thank you, your advice is helpful and so is just talking to someone;)Debt free by Dec 2011
#178 Pay as as much as you can in 2011 £2305.80/£7489.27#114 Crazy clothes challenge £60/£60
#1369 Sealed pot challenge 4 £9.72
#139 Virtual sealed pot challenge £15.500 -
thanks Derv, interesting to chat, and you are right about the whole if you didn't have debts you 'd have more money to spend thing.
it is about focus, I am slowly coming round to the idea that 'debt busting' has to be the number one thing.
hmmmm. off to think some more.
xxxNevertheless she persisted.0 -
I have added a signature in the hope that seeing the debts reduce on it will make me feel like they are going down!
:D:D:D:D:D:D:D Debt free by Dec 2011
#178 Pay as as much as you can in 2011 £2305.80/£7489.27#114 Crazy clothes challenge £60/£60
#1369 Sealed pot challenge 4 £9.72
#139 Virtual sealed pot challenge £15.500 -
I have added a signature in the hope that seeing the debts reduce on it will make me feel like they are going down!:D:D:D:D:D:D:D
Some of those interest rates are a bit nasty. It`s obvious, but make sure you pay as much off the cards with the higher rates (for example, the Cap 1 card looks a bit expensive) and the least on the 0% card. Did that bottle of whisky go on the 0% card ? As I said before, that money spent on the whisky could have paid extra off the Cap 1 card.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
Whiskey was paid from this weeks cash fund.
Capital one is very high yes, DH has just got a Barclaycard with 0% balance transfer with an £800 limit, trying to persuade/bully him into transferring as much of the cap one as possible.
I think he wants to do what you do - i.e. spend on the card so we leave the money in the bank as this card has a cash back of 4% on it. And yes I have pointed out that it is better to save 30% in interest than gain 4% in cash back. Also whenever we have tried to do we have ended up just running up the card instead. We were doing this with Vanquis and then ran it to £850 (honestly I don't even know what on!) and transfered it to Virgin on 15month 0%.Debt free by Dec 2011
#178 Pay as as much as you can in 2011 £2305.80/£7489.27#114 Crazy clothes challenge £60/£60
#1369 Sealed pot challenge 4 £9.72
#139 Virtual sealed pot challenge £15.500 -
"We were doing this with Vanquis and then ran it to £850 (honestly I don't even know what on!)"
No need for me to comment !
Sounds like you aren`t far from clearing your debt, you realise the problem and you know what needs to be done. It`s just the "doing" bit that is hard.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
OMG the snowball calculator did the trick! When he saw how much in interest we could save by paying a bit more and moving the most expensive debt to 0% he was amazed. He handed me all of the cards and has promised to ring and get as much of the capital one as possible on to his 0% bcard!
:beer:Debt free by Dec 2011
#178 Pay as as much as you can in 2011 £2305.80/£7489.27#114 Crazy clothes challenge £60/£60
#1369 Sealed pot challenge 4 £9.72
#139 Virtual sealed pot challenge £15.500 -
brilliant! Long may the efforts continue...0
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fab news!
xxNevertheless she persisted.0 -
An update - transfered £700 from capital one to DH barclaycard at 0% for a charge of £17 (less than a months interest)
On a not so good point DH bet £80 online in the middle of the night - thankfully he won £100 - which he then spent on food and booze. He only told me cos he thought I might wonder where the food had come from, I think he needs more training!Debt free by Dec 2011
#178 Pay as as much as you can in 2011 £2305.80/£7489.27#114 Crazy clothes challenge £60/£60
#1369 Sealed pot challenge 4 £9.72
#139 Virtual sealed pot challenge £15.500
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