The 'I want it NOW!!' debt/savings thread

moneymabel

awww bummer, wish you could have two Isas!! Rules suck- are you going to put it in your savings ready for next years ISA?

jenjade

yeah i will but i did want to use it to make more money if i could have done the isa thing it would have made me £110cashback on quidco!!

moneymabel

yeah that would have been good , ah well your still £500 quid up! Have you looked at the savings calculator to see how much interest it will earn you in your normal savings account? Am I losing the plot or do you already have a full ISA ? Is that why you can't pay into an existing one?

lilmissmup

God you have all been chatterboxes today!

Guess what ........................................................

I AM DEBT FREE :j:j:j:j:j:j:j:j:j:j:j:j:j

jenjade

yeah i have put in the full amount of this years money as my debt was interest free and i had some saving that were on a lower interest so i transfered them accross!

i have just packaged the e bay stuff i sold (more dog balls) and i now have £15 in there which is fab coz i empted it compleltly ready for the £1,000 in 100 day challange!

jenjade

oh congratulations lillmiss on you debt freeness!!! lol

lilmissmup

Thanks Jen

Jen you can have 2 ISAs if one is a stocks and share ISA and one is a CASH ISA.

yukkibear

Congrats Dawn on being debt free.

I'm not sure I'd get a shares isa in the current climate, the money is prob better off in a decent interest savings acc.

moneymabel

well done dawn!!!!!!!!!!! Have you posted on the debtfree roll of honour? How do you feel? Are you excited or is it a bit of an anticlimax now?

lilmissmup

I am happy but not as excited as i thought i would be

I think it will kick in once the savings start mounting up.

I have posted on roll of honour, my debt free diary, a new thread and here :rotfl: