My Debt Diary

James240

Verbatim wrote:

Sorry to hear you might have gone overdrawn. hope it's not too bad. Hope you've had a good time tho'?

Thanks for all your kind words James.

awww no probs verbatim we are all in the same boat hun so i know what everyone is going through :beer: and my fears are as i have confirmed :doh: im £68 overdrawn :doh:, what do u guys think i should do? do u think i should use some of my winnings/quidco to correct this? or just wait until me wages are paid in at the end of the month?

Imelda

Hi James!

Bummer going overdrawn, I went overdrawn last week (not my fault, bank paid out all my SO's dated 25th on the 20th) and I am gutted! My nice shiny, overdraft free statement ruined!
Anyway, I would definitely use your winnings/ quidco to remedy this as you'll be charged more interest (I guess) than you'll earn. Then when you get paid, replace the money plus a few extra pennies.
Better luck next month!

James240

well in all honesty the amount i will get charge in interest is peanuts, me quidco winnigs are in a savings account at the moment. ive got £20 coming from quidco this month so that will reduce the overdraft to £48, just a pain cos its taken me a while to build up a little money to have behind me just in case anything goes wrong

D&DD

Hi James:D wow nearly under 10k thats brilliant :T We have a while yet before we see that magic figure...
You're doing so well just been catching up on all your news don't beat yourself up too much with the overdraft business I think we've all done it here and there, at least you have some extra bits coming in to cover it well done!!

Verbatim

Love the "36 payments and counting" in your sig James. Is it new or have I just missed it before?

On the o/d you're saying I think that having a bit in an emergency fund is a good morale boost and more important than losing more interest due to the o/d than the savings will make? I can understand that. I'd worry like hell if i had no "back up". I think it depends on your situation, if someone has parents or other relatives who'd help in a real emergency it's quite different from someone who doesn't have that and has to rely only on themselves.

Whatever you decide you've done brilliantly in not only paying off a huge amount (and remember all that overtime, or are you still doing it?) BUT ALSO managing to get a savings fund together. :j

James240

morning peeps :hello: thanks for all the words of advice on me overdraft Verbatim ur right it is nice to have that cushion just incase anything unexpected happens (i.e. major catastrophe not the over draft lol) so i think i will not spend anything else and let my wages go in at the end of the month which is only next tuesday so its not a major issue. Just dont want to use the savings ive got cos its basically been a bit of luck with a few winnings from playing blackjack and quidco so its money that ive never had so i definatley want to use it as back up

southernscouser

Did you make yourself lunch and breakfast young man?

And dude, pay £28.14 to your debts so it's under £10k! It's so bloody frustrating! :rotfl:

James240

southernscouser wrote:

Did you make yourself lunch and breakfast young man?

And dude, pay £28.14 to your debts so it's under £10k! It's so bloody frustrating! :rotfl:

:rotfl: yes i have made me lunch lol been good so far this week and all of last week apart from the time i forgot I get paid on the 31st though SS so theres no point in paying the £28 off to bring it under £10k lol, one thing i do find a little bit funny though is that my loan is now smaller than the debt on me credit card lol cant believe how much my debt is now reduced by :j hopefully at the rate im going i will have cleared my loan by approx June next year :j :j :j :j :j :j

southernscouser

James240 wrote:

:rotfl: yes i have made me lunch lol been good so far this week and all of last week apart from the time i forgot I get paid on the 31st though SS so theres no point in paying the £28 off to bring it under £10k lol, one thing i do find a little bit funny though is that my loan is now smaller than the debt on me credit card lol cant believe how much my debt is now reduced by :j hopefully at the rate im going i will have cleared my loan by approx June next year :j :j :j :j :j :j

Excellent news mate. Then you can start helping me pay mine off! :rotfl:

James240

southernscouser wrote:

Excellent news mate. Then you can start helping me pay mine off! :rotfl:

eeeeeeerrrrrrrrr........... :think: ..........eeeeeeeeeerrrr.... :think: .....yeah.... :rotfl: