Taxis back to basics...debt and mortgage free before 50(feb 2014)

elantan

that sounds like a good deal to me taxi ...i need to think about a new one myself but i am currently burying my head in the sand about it all

taxi73

Thanks you two...
I've got £1730 in egg that can be used but was thinking that I'd take the £2000 I owe now out of the £4750 MBNA that I was going to pay off Virgin and then use the £1400 tax rebate to pay to Virgin and just get the other £600 from savings IF I HAD NOT MANAGED to clear that £600 off by the time the 0% deal is up...that way the savings are still in tact earning interest.
OR...I can use the savings plus a few hundred out of the O/D..
OR...I could use DHs 0% halifax CC


Anyone any idea what they would do please?

elantan

if it was me i would go for the 0% route leaving some savings just incase ...you never know ...i am sure you will have it paid off before the 0% runs out so it shouldnt really be a worry for you ...

but thats just if it was me

taxi73

Thanks EL..that's my thoughts as well ...need to have emergency money for car...
Anyone else?

hypno06

My advice is simply to go with what FEELS right - it may be savings, or 0%, it doesn't really matter, as long as you feel comfortable with it.

Gut feeling.......its usually right for things like this!

boredofbeingathome

^^^^What the others say.:D


And:rotfl::rotfl:@WORCESTER sauce comments:rotfl:

Double_Trouble

I agree with the above -

and BG is a rip off almost makes me glad we are off the mains - until I get my next oil bill that is :mad:

DTxx

penguin83

Agree with the others - do whatever feels most comfortable for you. We are currently nursing our boiler hopefully until next winter - fingers crossed it holds out!

x x x

taxi73

I'm up early today!!!!
Thanks all for your advice and help.I think we are going to pay it on DHS 0% card and when the tax rebate comes pay that straight off the card so basically only £600 extra to find once the tax rebate is paid off.
That will then leave our savings still getting interest and for emergencies.
Just checked our banking and the £4750 at 0% has gone in that with the £1800 on 0% will go to Virgin in a few days...and a small payment then that will be closed .


So plan pretty much as it was...I will recycle £1k through Halifax of the £4750 before sending it to Virgin though as I don't have the spare £1k at the moment.

Hope everyone elses boilers last out....and all have a good day xxxx

Double_Trouble

You sound very chipper and organised for silly o clock how do you do it? Looks like the plan is coming together well.

I have to shift a huge balance off Virgin by Dec but I dont want to start trying to do it until the end of the month as I am hoping to get some 12 month deals off my existing cards and I dont want them to run out before Oct payday next year so that any balance left I can pay off when I get paid but I am itching to get started because if I dont get deals I am going to have to close some cards and open new ones which makes it a bit tight:rolleyes:

Anyway good morning

DTxx