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A Payment A Day - Part 11!
Comments
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To be honest I think rainy day funds are a personal preference. I personally dont have one (and lots of people will frown upon that!) but I am with you in that I would rather throw that extra money at CCs/loans than have it sat in account.
It really is what makes you feel more comfortable!
I cant afford to do both so im the same as you flower:DMAKE £2022 in 2022 no 29 £2022/£434.10
Mortgage@ 1/1/2022 £17540 / £1601.39
pay all your debts by xmas 2022 £15000/ £1865.29
https://www.facebook.com/groups/680889456637403
you tube channel never too old0 -
£10 from me today please Winnie
-s-Frugal living challenge 2012 live on £8500 ~ £7725.87 remainingMake £5/day in 2012 ~ £482.24/£1830 ~ 22.52%Proud Member of PAD since January 2010 ~ Total paid to date £11386.64Savings Pot for 2012 ~ £772.60/£3000 ~ 23.38%Lose 19lbs / Save £2k by 30/04/12 *5/19lbs* £158.72/£20000 -
Hi All
Sorry I haven’t posted for a few days (O.K. – a week!) – we were away at the weekend (went to the Proms – woohoo!) and have been really busy and/ or really tired all week. The PADs I haven’t posted yet are as follows:
Friday 12th = £20 to various savings pots
Saturday 13th = nothing
Sunday 14th = nothing
Monday 15th = £5.15 to Evil Egg, £1.15 to Crapital One, £1 to savings, making a total of £7.30
Tuesday 16th = £5.16 to Evil Egg, £1.16 to Crapital One, making a total of £6.32
Wednesday 17th = £5.17 to Evil Egg, £1.17 to Crapital One, £10 to various savings pots, making a total of £16.34
Thursday 18th = £10+£5.18 to Evil Egg, £1.18 to Crapital One, making a total of £16.36
Friday 19th (today!) = £5.19 to Evil Egg, £1.19 to Crapital One, £20 to various savings pots, making a total of £26.38
Bye allPigginSkint's debt free diary
DFW Nerd 1049 Amazon Sellers Club member 54
Total mortgage debt: 30/4/17 £14090.77 (Last payment: September 2021)
LTSB Loan 30/4/17 £6633.71 (reduction by 48%)
Total credit cards: 30/4/17 £25971.91 :eek:
Total non-mortgage debt: 30/4/17 £32876.49 :eek:0 -
oh thanks for all the opinions on rainy day funds! makes me feel loads better about not having one cos i was wondering about it. i feel reassured that i'm not doing anything stupid.
i already love these boards. everyone is so wise. xYNAB trialler. Debt at 2nd LBM, Sep 2015: £24,162. <swear>0 -
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the_mollusk wrote: »oh thanks for all the opinions on rainy day funds! makes me feel loads better about not having one cos i was wondering about it. i feel reassured that i'm not doing anything stupid.
Just as an added point, another reason I dont have a rainy day fund is that with my current debts nothing is at 0% interest and I pay around £120 a month in interest alone. I am never going to earn more than that in interest unfortunatlyso it makes sense to me to try and get those figures down ASAP.
Biggest Loser Weight Loss: 13 / 20 lb0 -
Just as an added point, another reason I dont have a rainy day fund is that with my current debts nothing is at 0% interest and I pay around £120 a month in interest alone. I am never going to earn more than that in interest unfortunatly
so it makes sense to me to try and get those figures down ASAP.
yep, same here. although i pay even more in interest. it's sickening, isn't it. been rejected for a couple of credit cards and a loan recently so i'm stuck with these horrible rates for the time being. <sigh> well... at least we appear to be going about it all the right wayYNAB trialler. Debt at 2nd LBM, Sep 2015: £24,162. <swear>0 -
£25 for me please£387.39/£196.46
Pay my debt by End of Feb 2022
49.28% paid!
£199.55/£500 savings by End of April 2022
39.91% saved!
Make £2022 in 2022 - £200 -
PigginSkint's debt free diary
DFW Nerd 1049 Amazon Sellers Club member 54
Total mortgage debt: 30/4/17 £14090.77 (Last payment: September 2021)
LTSB Loan 30/4/17 £6633.71 (reduction by 48%)
Total credit cards: 30/4/17 £25971.91 :eek:
Total non-mortgage debt: 30/4/17 £32876.49 :eek:0 -
Hey All,
Saturday 13th Aug £1.44
Sunday 14th Aug £1.44
Monday 15th Aug £1.44
Tuesday 16th Aug £1.40
Wednesday 17th Aug £1.40
Thursday 18th Aug £1.62
Friday 19th Aug £1.42
Total: £10.16 :T
I'm gonna take the cash out tomorrow and put it in my cc pot.
Magpie23
-x-LBM: Oct 2009 When CC debt was £25,000+From Aug 2011: Paid: NatWest 1: £1862, NatWest 2: £869 Egg 1: £2188.95Egg 2: £1832Total CC Debt: £0 !!All thanx to '1 Debt in 100 Days (part 6)'"We are all lying in the gutter but some of us are looking at the stars." Oscar Wilde0
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