My LightBulb Moment... Newbie

lynzpower

I hate to be the voice of doom here, but be very careful with the cahoot flexi loan. they put up interest whenever they feel like it http://forums.moneysavingexpert.com/showthread.html?t=208966

In_Search_Of_Me

Just wanted to say welcome...have read the above....ummm while you may be loathe to get rid of the gym its nearly £100 a month! :eek: At the end of the day we all have our own level of comfort but I think you really need to ask yourself & your OH how badly you want to be debt free. Just cos its a car loan its still a debt & you're still paying, rather than getting, interest! Its hard changing lifestyle to become DFW (see my sig!) but worth it;) . Its also scary..but once you dig your head well & truely out of the sand you'll feel quite liberated!! Also agree with others that a cheap & cheerful wedding can be fab - some of the best I've been to have been! Bottom line I think is how badly do you want this? I suppose I am cautious about what you've said because I got to the stage where I coundnt afford to pay back debts and are somewhat concerned that you may continue as you are and end up in the same place (I was lulled into the "I can afford it", got a good salary, bung it on CC, mentality with loands etc & now cannot belive I was SOOOOO stupid to pay £8000 interest alone on one of my loans!:o )..also just because you separate your finances doesent make it any less of a debt no matter how you try & juggle it!!.sending a big hug and hoping that you & OH really come to your sences...:)

MrsTinks

I have to say that if you were to find a way out of the Audi deal most of your problems would be solved... even if it initially costs you a bit it's worth it... Think of the fuel and tax and insurance you could be saving!!!! Call the dealership and see what it would cost you to hand it back and then buy something cheap for now. Don't forget with a new-ish Audiyou will have to go to THEM for service to remain within warrenty which is vital when you come to resell it... and your service will be a LOT more expensive as a result.
Once rid of the Audi the rest sounds like we could with very little effort get you debt free and some handy savings for flights and wedding

2brownboots

Thanks for the advice... i'll be calling around my existing £0 balance cc providers to see if i can get a 0% BT til my DFD tonight/ tomorrow morning.
i'm already a bit wary of Cahoot flexi. - no change yet, but keeping an eye on it...
Also looks like i'll be spending sometime researching other policies too... on such a sunny weekend too!
At least sitting in the garden re-reading a good book is free!

bikerqueen

and the car?

MrsTinks

bikerqueen wrote:

and the car?

Beat me to it

2brownboots

bikerqueen wrote:

and the car?

yep - will be looking at that too... my previous post must have crossed yours...
and i'll be having a discussion with OH about how we view & deal with things from now on in...
a bit of lifestyle adjustment needed (obvious understatement)!

In_Search_Of_Me

lifestyle adjustment is hard but I actually (& mush to my surprise!!) actually quite enjoy it! Get much more of a buzz saving money than I did spending it!!