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tiny victory
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Thriftylady
Posts: 594 Forumite
I know this is tiny, but only fellow debt free wannabes can appreciate what a big deal this is.
Have just renewed my home insurance, saved about £45 on my renewal quote, and best of all I paid for it up front on my credit card, and have the cash left aside to pay the bill as soon as it comes in. So thats no interest paid on the credit card (has no outstanding balance at all at the moment), and one less monthly outgoing each month.
Only a couple of months ago I would have either 1)slapped it on the card and tried to forget about it, or 2) paid insurance in monthly instalments and no doubt have ended up paying much more as a result.
Have just renewed my home insurance, saved about £45 on my renewal quote, and best of all I paid for it up front on my credit card, and have the cash left aside to pay the bill as soon as it comes in. So thats no interest paid on the credit card (has no outstanding balance at all at the moment), and one less monthly outgoing each month.
Only a couple of months ago I would have either 1)slapped it on the card and tried to forget about it, or 2) paid insurance in monthly instalments and no doubt have ended up paying much more as a result.
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Comments
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well done :jMFW Newbie - #17. (#116 in 2019)
New Mortgage at Nov 19 - £273 499
Current Balance - £268 225
Want to cut down 26 year mortgage by 9 years!
New MF date 2036 :dance:0 -
Well done!
Its a great achievementThe early bird gets the worm but the second mouse gets the cheese :cool:0 -
Well done!! keep it upAbbey Loan £6,000
Tesco loan £3,000
Tesco points --- £100 worth £400 in deals for holiday! :j :T
"It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change." (Charles Darwin)0 -
Congrats! It's such a novel yet kind of liberating feeling when you realise you have the cash to pay off a credit card bill when it comes in isn't it?!
Keep it up...
xxBank Balance: In the black for the moment.
Sainsburys Loan: Cleared July 2010
Credit cards: AMEX Airmiles Card: direct debit set to clear balance monthly
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Nice one!
DFW Nerd 0350 -
I dont think its a tiny thing at all... i think its great. I am paying off my store card one by one ( only small balances) and yesterday I paid the last one off and I feel great so I know exactly what you mean
Onwards and upwards
:beer:0 -
Dont think that its alittle thing either
Well done youI am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
:T :T :T congratulations it's what this site is all about saving money
keep up the good work you should feel proud of yourself0 -
Fab news & not little at all...such a total shift in moneymanagement is huge (& doesnt it feel fab eh!!)...Nerd no 109 Long haulers supporters DFW #1! Even in the darkest moments, love and hope are always possible.0
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Well done.
It must feel fantastic to not only have saved money but to know you are in a position to have the freedom of choices.
as they say one small step for mankind one giant leap for a DFW.Success means having to worry about every thing in the world......EXCEPT MONEY. Johnny Cash
Cross stitch Cafe member 81.0
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