📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Stoozing dying out?

Options
2

Comments

  • Len_Beach wrote: »
    I appreciate money saving as much as the next guy but the question flying around my mind is: Could you be @rsed?! That's £25 profit per month, one cheap meal with the wife and it's a gonner.

    Not picking on you epsil but the whole concept of stoozing evades me. 83p a day to limit your further borrowing capacity.

    I'll probably get shot down here but hey ho.
    Many a mickle mak's a muckle - to quote an awful advert!

    I suspect that cheap meal with the wife could also be one person's food for a week? (or certainly several days)

    I've also struggled with some of the low figures but it's easy for several low amounts to add up. Last year I reckon I grossed over a grand through tactically playing deals, and that's a good holiday paid for... My borrowing capacity hasn't been limited by this, in fact I requested several lenders reduce my existing credit limits to give me some more space - it's quite scary how much companies are willing to lend someone.
    You've never seen me, but I've been here all along - watching and learning...:cool:
  • NickX
    NickX Posts: 3,046 Forumite
    Len_Beach wrote: »
    I appreciate money saving as much as the next guy but the question flying around my mind is: Could you be @rsed?! That's £25 profit per month, one cheap meal with the wife and it's a gonner.

    Hmmm well each to their own, buts there an old addage which reads "Take care of the pennies and the pounds will take care of themselves".

    Why pay £25 per month for a cheap meal with the wife if you can eat for free ?

    Also, as others have said, once you start getting several stooze deals running in parallel, the profits soon move out of the £100s and into the £1000s. Then it becomes a nice bit of additional income :beer:
  • CannyJock
    CannyJock Posts: 3,838 Forumite
    1,000 Posts Combo Breaker
    Len_Beach wrote: »
    I appreciate money saving as much as the next guy but the question flying around my mind is: Could you be @rsed?! That's £25 profit per month, one cheap meal with the wife and it's a gonner.

    But if you're persistant you can work it up to £ 250 per month after tax (you'll need over £ 50k in credit but that's what I'm doing at the moment). And if you're stoozing to an offset mortgage you could do even better.

    Won't make you rich but easy money just by playing the system :)
    "A child of five could understand this. Fetch me a child of five." - Groucho Marx
  • downs523
    downs523 Posts: 866 Forumite
    Part of the Furniture Combo Breaker
    whats the most anyone has made with this stoozing
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    downs523 wrote: »
    whats the most anyone has made with this stoozing
    Cardman (from the stoozing site) will tell you he's made/saved a 6-figure sum over the years...but he has been at it a good while.

    Most serious stoozers (average stooz pot £29K in the last stoozing site poll) will be making/saving a 4-figure sum each year...the price of a good holiday for two?
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    I like to say: "pays my council tax... (and has been doing for six or seven years now)" whenever people ask "why bother?"
    .....under construction.... COVID is a [discontinued] scam
  • Wyndham
    Wyndham Posts: 2,615 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I do it for the joy of knowing I'm screwing the banks as well. It's nice to know you are getting one over on them. The effort required isn't huge, and most of the legwork on finding the next best card is done by this site or www.stoozing.com.

    I've made a few hundred in about 2 years. Not a fortune, but better in my pocket than someone elses.
  • fudgecat
    fudgecat Posts: 289 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    £25.00 per month may seem "small beer", but every month - for several years - will mount up, and for very little work. My husband thinks it is not worth the effort, but my daughter`s wedding next year will be mostly paid for by stoozing, clicks, money off coupons, freebies and general cutbacks. Every little helps as those considerably richer than me would say...
    Debt September 2020 BIG FAT ZERO!
    Now mortgage free, sort of retired, reducing and reusing and putting money away for grandchildren...
  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    Len_Beach wrote: »
    I appreciate money saving as much as the next guy but the question flying around my mind is: Could you be @rsed?! That's £25 profit per month, one cheap meal with the wife and it's a gonner.

    The way I see it is, that's over half my travel around London paid for each and every month!
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • I requested several lenders reduce my existing credit limits to give me some more space.

    Did you not find that requesting a lower limit made things more difficult? I was given to understand - probably wrongly - that requesting a lower limit set alarm bells ringing amongst the lenders, as they automatically assumed the reason you were requesting a lower limit was that you were financially stretched and therefore a bad risk.
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
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only 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.