DMP & Mutual Support Thread - Part 8

Julie67

Morning all,

Well still waiting for a start date. No phone calls or letters as yet but I'm sure they will come.
The tax refund has landed this morning so plan to phone SC today and up the payments to creditors by £100 a month.
Hope your all doing ok.:D. J

CharliesAngel

*does the friday dance* :j :T

Hopelessly_Hopeful

Julie67 wrote: »

Morning all,

Well still waiting for a start date. No phone calls or letters as yet but I'm sure they will come.
The tax refund has landed this morning so plan to phone SC today and up the payments to creditors by £100 a month.
Hope your all doing ok.:D. J

Glad the tax has landed. Do what you think gets the most out of the £100 but at least consider all options.

Have you set the spreadsheet up yet?!

HHx

Hopelessly_Hopeful

CharliesAngel wrote: »

*does the friday dance* :j :T

Bring it on

HHx

Time_to_face_the_music

CharliesAngel wrote: »

*does the friday dance* :j :T

I wish it was a pay day Friday dance :j

Time_to_face_the_music

Julie67 wrote: »

Morning all,

Well still waiting for a start date. No phone calls or letters as yet but I'm sure they will come.
The tax refund has landed this morning so plan to phone SC today and up the payments to creditors by £100 a month.
Hope your all doing ok.:D. J

Do you have any sort of emergency fund Julie?

I could be useful to put a bit to one side as we had a few nasty bills in the first few months which we had to absorb into our budget.

Hopelessly_Hopeful

Time_to_face_the_music wrote: »

I wish it was a pay day Friday dance :j

I am inpatient too. :eek:

Funny how have gone from wanting to seal up the letter box and dreading seeing the postie to yanking his off isn't it?

HHx

Julie67

Hi guys,

Thanks for the advice. I'm thinking pay off the mortgage arrears which takes up half of the tax refund and save the rest as an emergency fund. That frees up an extra 100 we had budgeted for paying the mortgage arrears so we can up the payment to the creditors as its pitifully low at the moment.
The other idea is to leave things as they are for now and use the money to get a little car for work which I will definitely need. Something cheap to run and insure, decisions decisions. The thing is having the car means I can virtually double our income which means we get debt free so much more quickly.
What would you do ?

Hopelessly_Hopeful

Julie67 wrote: »

Hi guys,

Thanks for the advice. I'm thinking pay off the mortgage arrears which takes up half of the tax refund and save the rest as an emergency fund. That frees up an extra 100 we had budgeted for paying the mortgage arrears so we can up the payment to the creditors as its pitifully low at the moment.
The other idea is to leave things as they are for now and use the money to get a little car for work which I will definitely need. Something cheap to run and insure, decisions decisions. The thing is having the car means I can virtually double our income which means we get debt free so much more quickly.
What would you do ?

I'd go for the car, save the extra money to throw at the DMP

HHx

Time_to_face_the_music

I'm with HH on this one. Go for the car and double your income.