stoozing question. Monthly payments

Jon_S_4

I have 3 credit cards im using for stoozing, the alliance and leicester is £5 month, but the other cards (egg and halifax) require about a 2% monthly payment of the total balance.

Is it best to take that amount from the stoozing account (savings account) each month and transfer to current account so repayments are met, or is it best to leave the stoozing savings account alone and use my wages to pay off the monthly balances ?

thanks

smartsaver

If you can afford it it is a way of saving to pay out of your wages. Otherwise it is personal preference. There's no damage done paypaying out of stoozing account - just a loss of a bit of interest.

Jon_S_4

thanks for the reply. will see how it goes and look at it a month at a time

loan8r

I agree with Smartsaver if you can its best to pay out of your wages but whatever way you do it never, never, never, miss a payment.
That would be the equivalent of stoozing suicide
Cheers, M.

Cardinal-Red

loan8r wrote:

That would be the equivalent of stoozing suicide
Cheers, M.

Stoozicide.

loan8r

Cardinal-Red

Stoozicide

I stand corrected

Cheers, M.