We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Money in christmas cards/presents..
immoral_angeluk
Posts: 24,506 Forumite
What are you all doing with it? So far we've recieved £20 from Nan to get something for my little girl (Which we did as she isn't able to get out to get her something herself! Wouldn't have dreamed of using the money for anything else as she asked specifically for us to get something for our daughter.) and we've had a £60 cheque from my brother (No specific instructions for what to do with it..)... my first instinct was to put it towards debt but was wondering what everyone else is doing? Is it wrong to use a money christmas present to go towards paying off a debt?
Total 'Failed Business' Debt £29,043
Que sera, sera.
Que sera, sera.
0
Comments
-
we always pay any money given specifically to our chuildren into thier savings accounts.
With regard to the £60 from your brother, maybe give your daughter £10 and pay £50 off debts, you can always tell your brother your treated yourself and your dh to something else ??0 -
Buy yourself a treat I_E. If there is anything left, then put it towards your debts as a bonus.
Just because you have debts, you MUST NOT deny yourself a life.I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0 -
I usually try to buy something I need with it rather than just paying off my debts, for example this year i've ordered some essential clothes from the next sale, my dad is getting me next vouchers & i will use those to pay off my account, so he can see i've bought something useful & he hasnt just given me cash which has gone on "nothing"0
-
Why not work on a percentage?
You could say that 25% gets spent or saved for your daughter, 25% is a treat for you and your OH and 50% towards debts.Total Debt 13th Sept 2006 (exc student loan): £6240.06 :eek:
O/D 1 [strike]£1250 [/strike]O/D 2 [strike]£100[/strike] Next a/c [strike]£313.55[/strike]@ 26.49% Mum [strike]£130[/strike] HSBC [strike]£4446.51[/strike]@15.75%[STRIKE]M&S £580.15@ 4.9%[/STRIKE]
Total Debt 30th April 2008: £0 100% paid off!
PROUD TO [STRIKE]BE DEALING [/STRIKE] HAVE DEALT WITH MY DEBT
0 -
See that's the thing.. we don't need anything! Our daughter has already got TONNES of toys for christmas.. our new baby's stuff is all sorted and I honestly can't think of anything we'd want or need (Well DH wants a Wii but there's fat chance of that! lol!) except to clear our debts!Total 'Failed Business' Debt £29,043
Que sera, sera.
0 -
coral wrote:I usually try to buy something I need with it rather than just paying off my debts, for example this year i've ordered some essential clothes from the next sale, my dad is getting me next vouchers & i will use those to pay off my account, so he can see i've bought something useful & he hasnt just given me cash which has gone on "nothing"
I thought that you couldn't use vouchers towards accounts??Total 'Failed Business' Debt £29,043
Que sera, sera.
0 -
immoral_angeluk wrote:See that's the thing.. we don't need anything! Our daughter has already got TONNES of toys for christmas.. our new baby's stuff is all sorted and I honestly can't think of anything we'd want or need (Well DH wants a Wii but there's fat chance of that! lol!) except to clear our debts!
Then you've just given the answer to your dilemma I_E. You can, with a clear conscience, call that a usefull Christmas present. :beer:I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0 -
I got sent £50 by a relative for Xmas. Half is going on my daughter, and half going on my debt. I've told my relative that she's buying me a debt free future for Xmas, and I love her for it.This year I'm getting organised once and for all, and going to buy a house with my wonderful other half. And that' s final!
Current Pay Off Target : £1500 :mad:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards