A Payment A Day - Part 10!

MrsWassire

Forgot to post yesterday.... £12.50 to B/C and £7.50 to loan. Today £5.76 to savings for a total of £25.76!

JayJay14

Todays PAD is £60 to Loan - will try and dig out a bit more for later.

Have a good day - Wow just realised it is Friday:j

MrsWassire

Woohoo, just checked my loan balance - next month it should go below £1000! And B/C recently went below £1000. Can't WAIT to get debt free!

Paulgonnabedebtfree

LondonAndy wrote: »

It's something to do with :

1) Higher interest rates = less demand for credit and more of peoples income going to mortgages
2) Less credit and disposable income available means less spending
3) Less spending = lower pressure on prices and reduced inflation - as less stuff is being produced (and stuff used to produce it) and less bought in shops and spent on services.

Although if inflation is due to VAT and increase in raw materials from abroad as now I am not sure how the above helps....?!!

I am emigrating :cool::rotfl:

Another part of this "everything grows in a straight line" theory is that by nudging up interest rates, foreign investors are more likely to invest in your currency. This pushes up the exchange rate and reduces the inflationary pressures that exist from outside the country - a form of import controls by the back door. The flip side is that it increases the cost of exports. So although inflationary pressures may be reduced on one hand, you help to create more unemployment on the other. You also cause public spending to increase (more dole money). Of course, if someone subscribes to the theory that the working class should sleep in tents and beg in shop doorways, then this can reduce the spending on them. I dare a politician to say "Let them eat cake". (I thought eating cake didn't sound too bad until I realised it was a reference to animal dung).

Sassers

Morning all :wave: hope you're all looking forward to the weekend!
£10 to the gas card for me today please
Have a good un
Love Sassers x

Little_bit_dizzy

£52.50 to CC1 for me today. This does leave the current account a little empty til next Friday, so it'll mean having a few self inflicted NSD's for me. Only 7 more sleeps til payday

Oh, and been doing SW Food Optimising this week. Lost 3 1/2 lbs :j Still can't bring myself to consider Shred. Well done to those that do though...

Hope everyone has a happy Friday

sophia-abigail-mummy

Hi everyone
I am very ill again:mad: pounding head, bunged up and being sick last night. It horrible thats why i wasn't on yesterday as yesterday was my worst day.
So PAD for yesterday £30.00 and today £0.87. think going to use for NW O/D total £30.87

Feel really sorry to all you ladies going through miscarriages at the moment either yourselves or close family. I know what my sister went through when she had one.

Get paid a week today yeah really desperate for it now. Been doing a bit of changing around and moving CC to interest free

nickynoo08

Morning

Pads today - £25 extra to our loan (almost at the 6k mark now:j) and £40 towards next xmas (£200 saved now)

Total - £65 please

boysma

Hi everyone

Unfortunately i can only afford £1 today to cap one:( Yay for the weekend though.:j

coolesticeking

Another £1 for me please! :T (£1 to Halifax Credit Card)