We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
We're aware that dates on the Forum are not currently showing correctly. Please bear with us while we get this fixed, and see Site feedback for updates.

Keeping Track of Profits

Hi All

I am after a bit of advise.

I have been stoozing for a while now and keep getting 0% deals with around £54,000 currentlybetween me and my hubby. I have maxed out our ISA allowances and have the rest in a HISAVE account (ICICI). As the money is all in one account and the deals run out at all different times, I am finding it difficult to keep a track of what profit we are currently at due to all the handling fees etc that are currently on the 13 cards.

Does any one have any suggestions as to how I can work out profit/projected profit etc accurately. The way it is working at the mo is that I know I will make a profit but will only know the amount when I pay off my last credit card but as I keep getting more and more deals this is going to be at least 15 months as things stand at the mo.

Any help would be much appreciated?

Freaksaver

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You could spend time developing a spreadsheet (a lot of stoozers do), but to be honest I just use the stoozing site calculator 'up front' and knock a month off the duration (ie enter 11 months for a 12 month deal, to allow for start up/shutdown losses).

    www.stoozing.com/calc.htm
  • You could spend time developing a spreadsheet (a lot of stoozers do), but to be honest I just use the stoozing site calculator 'up front' and knock a month off the duration (ie enter 11 months for a 12 month deal, to allow for start up/shutdown losses).

    www.stoozing.com/calc.htm


    Thanks for this. I am just starting to look at stoozing. I have my Egg card and other cards I could transfer at 0% on, I just need to pluck up the courage to 'got for it'.
    I want to be credit card and loan free by Christmas 2010
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.3K Banking & Borrowing
  • 252.1K Reduce Debt & Boost Income
  • 452.4K Spending & Discounts
  • 240.9K Work, Benefits & Business
  • 617.2K Mortgages, Homes & Bills
  • 175.7K Life & Family
  • 254.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.