A Payment A Day - Part Six!

MinniMe_2

Thrifty - i think you should count it, you have worked hard by spending a little less every day and it will give you a boost to see the contribution

angelicmary85

Afternoon All!

When I suggested to Jasper to never ever consolidate, I was speaking from (a) a personal point of view as that's how I ended up on here :rolleyes: and (b) that's what most people that I've come across on here think so I've got a seat on the 'don't consolidate' wagon

Anyway, can't pad for just now because I can't get onto online banking so will try again later!

Hope you all have a fab day! x

Flower08

angelicmary85 wrote: »

Afternoon All!

When I suggested to Jasper to never ever consolidate, I was speaking from (a) a personal point of view as that's how I ended up on here :rolleyes: and (b) that's what most people that I've come across on here think so I've got a seat on the 'don't consolidate' wagon

I agree with you completely, i dont really see how anyone could benefit financially by consolidating.

PigginSkint

Hi All

Todays PADs are £55.17 (£5.17 me and £50 OH) to Evil Egg and £1.17 to Abominable Amex making a total today of £56.34

I am nearing a milestone with Abominable Amex which is why I am throwing a few little PADS at it!

euronorris

Flower08 wrote: »

I agree with you completely, i dont really see how anyone could benefit financially by consolidating.

It can be beneficial if the circumstances are correct. It depends on the interest applied, the length of the loan, the reason for the debt and the individual's self control.

Someone has to really have had their LBM for this to work though. ie, gets rid of all other credit and not ask for anymore also.

Unfortunately, most of us are here because we struggle with the last part and the best solution for us, is to do it the long, hard way.

clearing_out_my_pockets

Hello all - £2.45 for me today.

nickynoo08

Afternoon everyone,
£1.50 to my pad acc, £1 to my xmas funds and £1.70 into my pad tin

Total - £4.20

Bit of advice please. Made myself an appointment at the bank for next week as i'm a bit confused with the interest rate on my loan. I've been happily paying it since feb this year with some overpayments too but the interest i'm paying doesnt seem to make much sense. I've been looking through my monthly payments and my interest seems to go up and down each month As far as i was aware my interest was fixed till the end of the loan and thought my interest would go down each month accordingly like a credit card would. This is what i've been paying for the last few months
Aug - £96 min payment £59 interest
Sept - £96 min payment £62 interest
Oct - £96 min payment £58 interest
Nov - £96 min payment £61 inerest
I nearly died when i was how much interest i was paying each month, no wonder my balance hardly goes down! Is this or does it look right to you? Sorry for all the waffle i just dont want to look a total plank when i go to the bank. Any help much appreciated

Silaqui

Hi everyone,

£7 for me today please. Need to sit and do a bit of work now.. is that going to happen i wonder lol

xx

jo41

Hi all,
Welcome to Jasper and any other newbies :hello:
£20 for me please Sarah to visa .... this is now under four hundred pounds:j I'm really thrilled as I feel that this is the last part of whats been a tough journey.
I have learnt so much and realise that credit cards aren't as evil as I thought but it was just me not using them properly. When I have cleared this balance, I'm going to keep the card and use it but pay it back each month!
It's amazing to remember back to how low I was when I first embarked on my DFW journey. I was on the brink of losing everything and just couldn't relax. Now I'm in a better place:D
Sorry for the long post, it wasn't planned!
Jo x

Flower08

jo41 wrote: »

Hi all,
Welcome to Jasper and any other newbies :hello:
£20 for me please Sarah to visa .... this is now under four hundred pounds:j I'm really thrilled as I feel that this is the last part of whats been a tough journey.
I have learnt so much and realise that credit cards aren't as evil as I thought but it was just me not using them properly. When I have cleared this balance, I'm going to keep the card and use it but pay it back each month!
It's amazing to remember back to how low I was when I first embarked on my DFW journey. I was on the brink of losing everything and just couldn't relax. Now I'm in a better place:D
Sorry for the long post, it wasn't planned!
Jo x

:DIm really pleased to hear that your feeling so positive!

Not long now until your debtfree!