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

moneymabel

hey all!
Right- I have a confession to make, you will see my sig change soon but in the wrong direction. I have been offered a interest free loan ( from previous source ) to buy my MINI . I have given this a lot of thought and as I seem to find paying money back easier than saving I am going to accept the offer. I can pay £200 a month ( more when I have it) leaving me not completely skint for a change!!
I know im not setting a very good example but it is interest free......slightly mse?........no?........ I'll get my coat..........

**Amy**

moneymabel wrote: »

hey all!
Right- I have a confession to make, you will see my sig change soon but in the wrong direction. I have been offered a interest free loan ( from previous source ) to buy my MINI . I have given this a lot of thought and as I seem to find paying money back easier than saving I am going to accept the offer. I can pay £200 a month ( more when I have it) leaving me not completely skint for a change!!
I know im not setting a very good example but it is interest free......slightly mse?........no?........ I'll get my coat..........

Hey MM

Ooooo ok, so does that mean that you will be getting your Mini very soon?

To be honest if its interest free its quite MSE, and as you have thought it through, then i say go for it.

xxx

jenjade

well i am starting a cleaning and cooking mission something nice for tea and a clean house are the aims!!you would laugh if you saw the state of my house at the moment. my mum said maybe you should enter a comp to win a cleaner!! i don;t think she was joking!! first half is complete stewing steak new pototoes carrot peas etc is on cooking!! now to sweep mop and do the dishes!!

moneymabel

thanks amy- well have to tie up some loose ends and then actually find one but hopefully in next couple of months. I'm really excited but a bit scared as well!

jenjade

is it interest free mm?? if so i can;t see a problem with it! it doesn't sound very mse but you are very good at making payments and i am sure everyone will support you with more debt free wanabee stuff! how much will you owe?

**Amy**

moneymabel wrote: »

thanks amy- well have to tie up some loose ends and then actually find one but hopefully in next couple of months. I'm really excited but a bit scared as well!

Ooooo im actually really excited for you. I think its a great idea. After all you have paid off so much money in such a short space of time, you deserve a little treat.

Best get looking for a Mini then.

moneymabel

yep totally interest free , wouldn't have considered it otherwise. Basically my debt will be about the same as I started with last year!!

moneymabel

**Amy** wrote: »

Ooooo im actually really excited for you. I think its a great idea. After all you have paid off so much money in such a short space of time, you deserve a little treat.

Best get looking for a Mini then.

LOL- well quite a big treat really!!

**Amy**

moneymabel wrote: »

LOL- well quite a big treat really!!

I thought that as i typed it :rotfl:

Well if your debt will be roughly the same as last year, then i reckon its worth it, as you already know you can clear it fairly quickly. :beer:

Yey.... you're getting a Mini!

jenjade

so will your debt be £8000? at £200 a month ?