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what to pay off next
vintagegirl
Posts: 769 Forumite
hi there im slowly working my way down the list and wondering what i should do this month.
i will £800 to throw at my debts this month,
and have the following debts left.
capital one £190
Very £240
aqua £388
vanquis £1200
natwest £1463
to be honest, i know the golden rule is highest interest first but im not bothered about that.
im tempted to clear the smallest ones and then work on the others after that, i could clear the first 3. should i do this?
i will £800 to throw at my debts this month,
and have the following debts left.
capital one £190
Very £240
aqua £388
vanquis £1200
natwest £1463
to be honest, i know the golden rule is highest interest first but im not bothered about that.
im tempted to clear the smallest ones and then work on the others after that, i could clear the first 3. should i do this?
0
Comments
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I would use the £800 to get rid of the 3 small debts, this then leave excess money in future months for the other debt. At I guess I would say Vanquis is sky high interest so go for that next. Well done on getting rid of the debts xxx rip dad... we had our ups and downs but we’re always be family xx0
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Hi
If you put them into the snowballer you could see how much of a difference that will make as to whether to clear the two smallest 1st.
HTHFind out who you are and do that on purpose (thanks to Owain Wyn Jones quoting Dolly Parton)0
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