The 'I want it NOW!!' debt/savings thread Part 2

lilmissmup

I do have to stop it though its been getting too frequent, i get more of a buzz from saving!

From tomorrow I will get back on the money making band wagon properly I really need to get back into Dooyoo was lovely getting the cheque in the post!

jenjade

october half term i think but i am going to book a week of work in the summer and keep my eye open for a last minute deal then if i don;t find one for the summer i will book one for october

lilmissmup

I hope you get a great deal Jen.

I can't decide whether to have a last minute beach holiday later in the year or just be ultra good and save.

stacy

Hey everyone, on the borrowing from family:
Me and my sis have come up with a plan..... my hsbc credit card is practically maxed out and i am paying £60 in interest every month and paying the minimum payment at the mo (even worse now i am not working, hopefully next week will be back to work) which i worked out will take about 4-5 years to pay off with just minimum being paid. If the plan goes ahead she will lend me just over £4000 (thats alot) and i will pay her back in full and pay her £1300 in interest, which is peanuts compared to what the credit card company will be taking over the next few years. In that £4000 recently she lent me £1050 for my business to pay off bouncy castles which i got on 0% credit for a year, if she hadnt lent me that instead of paying what i owed (£3160) it would have been £5849 which is ridiculous interest!! And the best thing out of this is my sister gets that bit more money and the banks do not! I can throughly say i will not be touching credit again after this (except american express, so i can get cash back). Big thanks to my sis and hopefully the summer will be good and i can pay her some back quickishly.
Sorry i know its a long post.

stacy

I cant deposit money into my scratchcards to then withdraw money because i cant remember my security numbers ect on my expired card oh well, will ring them tomorrow for one site, see if that works then in a month or so ring them up to update the other one, hope that works.

CompletelyLost

That's great stacy -- at least the interest will be helping your sister and not lining the pockets of the greedy banks!

stacy

Yep CL thats the plan as my sis says (she is investing in me) lol and id rather make a family member richer than a fat cat who already receives millions in bonuses every year. to the bankers!

CompletelyLost

^Definitely. And it's more than she'll get if she just leaves the money in a savings account so you're both benefitting

I'm just waiting on one last ebay item to end... can't believe I sold everything I listed except one item (which I just relisted)! I'm surprised because some of it was stuff I tried to sell ages ago but never got any bids. Yet this week there were 2 or 3 bidders on each item. Most of them were clothes, sold for about £2.50 each but listed for free so yay

edit - final ebay item solf for £7. not bad considering I only paid £2.50 for it new, haha.

moneymabel

great idea stacy well done!!!!!!!!!!!!
well done on your ebay sales CL- ive got one thing listed on there that i did yesterday, will prob only get 99p but better than a kick up the wotsit!

Work again today, am hoping to book Friday off as hol as its my birfday! not that I will be doing much as there is no forum..arrrggghhhhhh

jenjade

morning all

off to work in a minute,

Stacy that sounds like a great plan your sister will do well from that!!

it is sunny here again so off for a hort bike ride