Hypno's kick up the backside debt diary....

hypno06

Morning all! I do feel a little more awake than I did yesterday, which has to be a good thing because I have lots to do today!!

yorkielass - the bingo is dead easy to do, but the only frustrating thing is the cashflow element of it. EG you deposit £10 to get back £30. Pretty good, but as you will probably lose your initial £10, unless you are lucky on the bingo (I never am!) you have to wait 2 or 3 months to get the cashback from quidco or topcashback etc. So you are spending out £10 now to get £30 (so £20 profit) back in a few months time.

So if you do 5 bingo sites for the cashback, you are spending out £50 now, but you won't get cashback until probably November, now - although you should eventually get back about double what you originally put in!

Matched betting, however, is a much quicker turnaround - your money is likely to only be tied up for a week to 10 days, so cash flow wise is much easier to live with!

atypicalblonde

Morning Hypno, glad to hear you are feeling brighter today!

hypno06

Hi ATB, TBH, it would have been difficult to feel less brighter today!! I was so so so tired yesterday - I was worse than useless!!

Re the Lovefilm trial - we have kept it on for a few weeks, simply because we are using it, and it is a way of encouraging the student to come and sit with us downstairs rather than shutting herself upstairs - she is feeling a bit homesick so this is helping in some small way. Our own DVD collection is pretty non existant so this is not a bad way of doing it. I know that I should be "stoozing" and when I have got my head around it I will cancel lovefilm and do one of the other free trials!

atypicalblonde

Thanks for that. I think I will just go for the free trial with them, but what a great idea to encourage the student, I hope it is working and she is feeling a little less homesick. Right, work beckons (yawn). Have a lovely day xx

Karmacat

Hi hypno

Glad things are a little easier today. And presumably no potatoes in sight. Am popping on and off (hopefully) so have a good day for now.

taxi73

Morning Hypno glad to hear you are feeling better..still haven't got my head around mbing...ah well....have a good day

hypno06

no potatoes today :rotfl:

I have just been on to spendingdiary.com (thanks chocoholic110) and it is pretty good, but pretty scary - it is a fab tool for anyone who needs to see where their money is going!!

So far this month we have spent £2591 :eek: :eek: and we are less than half way through the month :eek: :eek: :eek:

hypno06

OMG! In my drive to become organised, I have arranged for an accountant to come and see me tomorrow lunchtime :eek:

I am getting confused with all these "pots" of income coming in, and worried that I won't be making the most of my allowances etc. So I thought it would be worth having someone who knows what they are talking about, to come and look at my spreadsheets and scribbles and to try and point me in the right direction!

:eek: :eek: :eek: :eek: :eek:

Lucy1982_2

OMG!!!!!!!!!!

This will either be a wonderful idea and you'll get lots from it, or you will spend the rest of you life living in fear of the accountant!!

Good luck and I hope it all goes ok.

OliveOyl_2

Glad you're feeling better Hypno.

And best of luck with your accountant, they can be quite useful and MSE, especially for self-employed people like yourself.
We contacted one to discuss the ramifications of OH working abroad and he's saved us his fee already!