SmlSave MFW diary - where to start?

taka

pawlala wrote: »

I'm thinking of taking all my savings out of my ISA and putting them into a Lloyds incentive saver at 2.4% net, 3% gross, which is a lot better than the ISA rate at the moment. Can't help feeling I'm missing something though!

Personally I wouldn't... There are a several ISAs at around 3% at the mo that accept transfers in (have a look on the ISA board) and if you remove the money from an ISA you loose the tax free status on that money for ever...

SmlSave

I'm thinking of taking all my savings out of my ISA and putting them into a Lloyds incentive saver at 2.4% net, 3% gross, which is a lot better than the ISA rate at the moment. Can't help feeling I'm missing something though!

Hi Pawlala It looks like you might lose out on some interest if you swop from a ISA to the incentive saver. I used Martin's calculator and it came up with this :-

Enter Cash ISA RateTo beat this, your Regular Saver must pay at least... % ?3.8% for basic rate taxpayers or 5%at the higher rate

If you are 'lucky enough :rolleyes:' to be 50 before 6th April it applies now, otherwise from next tax year

.
Next year is fine gallygirl I've still got a fair while to get to 50!

How is the £4k challenge going taka? I haven't been brave enough to add up my figures yet! I hoping that I just break even.

The party was good last night and I didn't even spend a penny :beer: means I owe bro a drink next time we go out though.

Work party tonight should be even better as there's a disco and I can get up and dance :rotfl:that's if I can stay awake as I'm having a serious nap attack! :rotfl:

taka

How is the £4k challenge going taka? I haven't been brave enough to add up my figures yet! I hoping that I just break even.

Really well - See my sig (which is probably ~ £75 quid more as I haven't updated it for a week or so ). I'm hoping to come in at £4k (so £1000 less than budgeted! :j) as I still need to buy/pay for some Xmas prezzies + birthday prezzie + work party drinks + food for the rest of Dec + haircut etc! It'll be very close but I'd love to manage it! The "extra" ~£1k is possibly heading towards a renovation/decoration fund for my flat. :rolleyes:

I think I'm going to do an all in version next year (but excluding mortgage overpayments and money added to savings) though I haven't made a final decision on an amount yet! :eek:

Hope you break even! :T
Enjoy your party! :beer:

setmefree2

SmlSave wrote: »

Work party tonight should be even better as there's a disco and I can get up and dance :rotfl:

Enjoy


Have a lovely evening

SmlSave

ohh I like these smf2 I danced the night away on Friday till the wee hours.

I think I'm going to do an all in version next year (but excluding mortgage overpayments and money added to savings)

I'm very impressed by you coming at at £4k taka :T I like the idea of doing an all in one version but I'm not sure if I could manage

If I can get motivated tonight I'm going wrap the presents I've bought and write a shopping list for Thursday. Me and DH have agreed to use the £2 coin tin to buy alcohol :beer: which I'm looking forward to.

I was let loose with DIY tools yesterday and the study no longer has any skirting or shelves. Next job is to fill the holes and smooth the walls ready for painting this weekend.

9 WORKING DAYS TILL XMAS! :xmastree:

taka

SmlSave wrote: »

[STRIKE]9[/STRIKE] 4 AND A TINY BIT WORKING DAYS TILL XMAS! :xmastree:

I'm off from the end of Friday... Back at work again on the 5th Jan! Even better news is my boss has volunteered to babysit my cells over the break so I don't need to come in over the break and brave the wilds of my work with no heating or people! :j

SmlSave

You lucky taka!

SmlSave

Brr it's chilly here! :snow_grin no snow yet but the wind goes right through you.

I'm braving Asda tonight for the big pre-Christmas shop. :eek: Wish me luck and then its a baking weekend ahead!

Finally got the quote for the carpet for the stairs and bedroom which comes in at £430 for everything inc fitting. Very tempted to order it now.

SmlSave

:snow_grin It's even colder here today! :snow_grin Brrrrrrrrrrrrrrrrrrrrrrrrr

Big Asda shop went well until I realised that my phone had died, thankfully my friend was with me and she called DH to come pick us up as he'd completely forgotton us and I couldn't push/pull the trolley anymore :eek: I spent £230 _pale_ £110 was covered by my asda card and the rest is on the cc for Jan. I haven't got any meat or cheese yet. Oops

Weekend plan is to get our :xmastree:and decorate the house. Bake fruit cake and ginderbread and wrap presents. Sand down study wall and visit Nan for lunch on Sunday. Tidy living room for friend coming over and find some time to sleep :rolleyes:

Queen-Bee_2

SmlSave wrote: »

:
Weekend plan is to get our :xmastree:and decorate the house. Bake fruit cake and ginderbread and wrap presents.

Ahh, that's made me feel all christmassy... gingerbread... mmmm... I haven't baked that for years!

Enjoy
QB