Help: Decent income being lost to debt

S_AND_I

beecher2 wrote: »

One thing which springs out at me is how low your mortgage is at the moment - make sure in your planning you take into consideration the effect rising interest rates will have on what you pay.

You're spot on. At the moment it is 1-year through a two-year deal - 1.59 points above (?) - something like that. I did an economics degree (yes, I did fall asleep in the lesson about what happens when you spend more than you earn). The only option I think I have is moving to another Britannia deal (comments welcome) because of the early repayment fee if I move to any other firm. (you've reminded me to go check on their deal again so double thanks). I've not been following banks' behaviour too much but am hoping that as the economic outlook picks up, they will start to compete a bit more to get new business. Wishful thinking? Either way, it is something I am starting to really think about.

S_AND_I

chivers1977 wrote: »

Don't knock it till you try it!

To all Aldi, Lidl fans,
We will get there at one point (a Lidl in the next town, haven't seen an Aldi near me), not least because my parents really rate it. We're just having a lot of fun cutting the cost by cutting brand levels and using big online discount vouchers.

The only drawback my parents say there is, is the bargain syndrome. My dad got an incredibly good deal on a blow torch type thing that means he no longer needs to bend down and use weedkiller to kill weeds on his drive!?!?!

S_AND_I

johnpaul100 wrote: »

Hi,
Dont know which supplier you use? I,m with npower and they claim they cant advertise there go fix tariff. It may be worth contacting your supplier and asking for this rate. My bill went from £135 a month to £64 for dual fuel based on the same consumption.Good luck.

I'll look into this - I'm with Eon, having switched about 2-3 months ago.