Help! What would you do??

JET34

Just thought i'd add my 2 pence worth.... I think it would be a great idea for you to buy a new TV however.. I would wait until you have heard about the job first! That way you will have saved the DP's money and then you will know if you will need the advance childcare money. I know your DH would love a top of the range TV so perhaps if he make's do with a not so good tv for a couple of month's you will be able to by a tip top TV..
I have looked at your sig and since you joined in Oct you've paid off 1806.34 - Just think if you finish paying off at that rate your be able to buy the best TV in the shop!!! which hopefully won't be very long!! :T
Wonder what you would have spent 1806.34 on pre LBM

that's all I have to add at the moment

chevalier

Hi there IA I found this one 26in HD tv for £395 + £20 delivery. So less than the dotty p's money,
http://www.duck.co.uk/web/main/ProductDisplay.asp?An=0&N=0&Au=P_MasterItem&Nu=P_MasterItem&A=53W346_&ordermedia=Z012&entry=2&colour=&catno=53W346&suffix=L4&size=&quantity=1

I know zero about tv's but looks good to me
chev



edit this one is even less and is from Bush (and you get tesco points) and it has built in freeview!
http://direct.tesco.com/q/R.100-1910.aspx

warburtonrichard

hey
It doesn't always go this way, but if you cancel with the tv rental company and book them to come pick it up, they're MUCH more likely to be offering you sensible money to buy it. The TV is next to no good to them. Plus, haggle, I did this last year at the end of a rental contract and saved 20% on what they were asking for.
When you've booked your collection (which you can always cancel), they will more than likely ring you when you can say "well this brand NEW one is only £300, I'll offer you £250" or whatever.
And if they won't, you lose NOTHING.
That's my suggestion
Richard

warburtonrichard

OH! Another thought
If the rental company think you're going to cancel your rental (they ought to think this, you're planning to), they WILL drop your rental price. I did this the other year and they dropped my rental price by a third with no extension to the term of my contract
SO
How about my new advice:
1) Pay off the DP, and save yourself the £19 a month minimum payment
2) Get the rental company to drop your rental by "at least a tenner or I'm going to cancel"
3) Save your £19 and your £10 rental saving a month into your telly fund
And I bet you've got enough for a spanky new telly by Christmas.
And all of this and you don't have to get rid of the current telly, which fits your OH's needs just fine!

Plus by then, the telly they're renting you will be worth even LESS so you can bargain them even LOWER!

Whatcha think?

DavidHM

The thing is, this rental TV is 2 years old and has an admittedly minor fault.

A new Acer is £300. How cheap does the used one have to be before it makes sense to keep it? With the fault, I wouldn't pay above £200 and even then it might be a short-term solution.

Warburtonrichard - your suggestion is more expensive.

Immoralangel already has £60 saved, which can go to the DP fund. In total she therefore has £540 to spend.

If she pays £240 off Dorothy Perkins that saves her £9.50 per month anyway and she owns the TV, having bought a new one for £300. That means she has £45 per month to play with. That clears Dorothy Perkins in 6 months.

If you take your £29 per month saving over 6 months, that works out at £174 + £60 = £234, leaving her £65 short of buying the new TV that she would otherwise have bought.

warburtonrichard

DavidHM - that's why you're a "Regular" Moneysaver and I am but a mere "Not So Newbie"
Do you do bar mitzvahs?

mattystorey001

Seriously have held off sticking in my 2p. But, cant any longer! Sorry for the following..

If your in debt then there is no point buying a nice new expensive tv to keep up with the Jones's. Pay off your debt's then review getting a nice tv once you have saved up, dont buy on credit.

This is why people get into debt in the first place by buying things that they cant afford on credit/on top of other debt due to temptation.

Go onto ebay buy a cheap 2nd hand 32" crt tv for 60£ with 2 scart sockets. Xbox 360 isnt true HD as there is no real HDMI output on it (notice it runs as scart of component only). There is no real HD content out there anyway yet (2-3 channels on sky/virgin, and HD dvds). The money you will save every month will be alot more and you can pay off your debts faster and then you will be able to save and then keep up with the jones's.

Seriously. I am far better off than most people posting on this board earnings wise, debts wise, savings wise and objects of material value. However, i am not spending out for the nice 42" samsung HD tv i want for the lounge.

I am hoping to wipe my debt off by the end of this year and then consider saving to buy.

I'm sorry to take it out on you today. But im working from home and watching MTV Flux, and every 10minutes there is an advert for debt management firms and its making me angry.

If whoever cannot understand the implications of debt then maybe they should have a wander over to this board and let them read the stories and SOA's of people who have got into issues of debt but realised before it was to late.

Once again im sorry for the above. But makes me angry. Debt first, buying things second.

themaccas

mattystorey001 wrote:

Seriously. I am far better off than most people posting on this board earnings wise, debts wise, savings wise and objects of material value. ................... But makes me angry. Debt first, buying things second.

Well that's nice for you.

I do think you have missed the point though, I_A has done a lot of thinking about this matter and has come on here asking for some advice not a preaching on how well you have it.

DavidHM

To be fair, he does have a point: namely that HD isn't all that and certainly isn't the cheapest way to get a usable picture with the Xbox 360.

Of course we could simply suggest that her DH sell the 360 for £200 and use that against another debt as well... so it's about where you draw the line.

His solution is certainly a useful one on the spectrum between "go without" and "induge" and if the DH goes for it then I'd have no argument against it.

Ystrad_Lad

mattystorey001 wrote:

Pay off your debt's then review getting a nice tv once you have saved up, dont buy on credit.

What makes me angry is abuse of the apostrophe!