Just Say NOvember 2013!!!

MrsGSR

ta

stewby wrote: »

So... you guys are quite financially savvy (and I am too chicken to post a new thread in other sections)...

I am thinking about changing my credit card to a 0% one. Currently my dad is the main card holder and I am the additional card holder.
My dad doesn't use the card at all. It was originally taken out for buying the kitchen and bathroom (as a security thing should there be a problem and we needed help getting money back).

If I change, my dad is going to come off the card and I will be the sole account holder.
* How would this work??
* What if they won't give me the £3k limit that I need to change the debt over??
* What happens with stuff I am yet to do/pay (for example, the holiday in kos or my festival ticket deposit scheme).
* is there a credit card that would be best?? I do use my card occassionally for stuff that I want protection on (sorry NSK but it is greatly improved I promise, only used it twice since my LBM and once was OH's xmas pressie and the other was for my mum and she gave me the money for it).
:embarasse

Obviously, changing to a 0% card is the brightest thing to do and I have learned that from here. But I am not sure what's best. Any advice would be brilliant.
:undecided

Sorry for going off-topic.
Hugs.

Firstly do you pay the card off each time it's used? If so you don't need a 0% one BUT it may be an idea to switch to a cashback one so you at least get something back from your large purchase spending.
If it has got debt on it, switch to a 0% balance transfer one and set up a DD to pay it.
You could still get a cashback one for use for holidays, festivals etc but as always MAKE SURE YOU PAY IT OFF IN FULL EVERY MONTH.:money:
Take a look here
http://www.moneysavingexpert.com/credit-cards/

thriftylass

MrsGSR wrote: »

Wowsers, thats A LOT. I took voluntary redundancy from my last job for a number of reasons but the main one being they wanted me to do mornings and it would have been £10 a day in petrol and 5 days of childcare, we worked out I would have £30 a month left. I work 3 nights a week now which admittedly is crippling but it's the only thing that works for us until DS is at school or at least nursery funded.

Luckily the nursery is just around the corner from our house (although OH drives him on his way to work, which is also walkable to be honest, but hey ho). Luckily DS will get into the uni nursery from next september (only 30 places so took 3 years to get into) which will only cost £4-500 (minus the 15 hours free during term time) plus I will need a bus pass and make him lunch. But then little DD will start probably in the private one too (£1000, which will together with DS eat almost all my wages) after maternity leave till she gets a place at the uni one. But I'm just glad for the job I have now (DNA cloning lab technician), which took long enough to find after DS maternity leave and stepping off the post-doc career ladder, is rather secure and will be hard to replace. Only 12 months from Sept 2014 will be really hard on basically one wage but then it should get cheaper and cheaper .

EyesWideOpen

Hi all,
I wrote a long email earlier but it disappeared, gaah!

I get the sense that several of us are hit by some glumness at the moment. Is it the weather/season or do you think it could be that once the month gets going we get over the initial excitement of the challenge and then feel its going to be a looong month? For me its a mix of the two. Don't get me wrong, I am really happy to be doing this challenge but changing my spendy ways is hurting my head and I'm having to find other things to occupy me. I am also a bit down about how long the debt free journey is. But as others have said with regards to diets - its about changing for life. So onwards and upwards one and all!

I share the horror at the expense of children. My daughters school is some ways away so it is a long drive there, costing fuel. She goes with a childminder to the school and then I pick-up but come January I'll be doing it all myself. It was necessary to have some help now though as hubby works abroad and littlest daughter was born only 5 days before her big-sister began reception. My daughters first nurersy charged 1500 for a full-time place for a one year old! She went two days a week and hubby and I shared the rest of the days by taking out annual leave. They are worth it though!

Yesterday I did the big grocery shop but unfortunately the shop was out of some of our staples which is a big problem. For instance, they were out of Weetabix which my eldest eats for breakfast. As this is a healthy choice I'd like that to continue. They were also out of other useful things like rapeseed oil and salt (well the one I wanted!) so I am now looking at having to get those things tomorrow and ruin a SFD. Unless I have enough loyalty points to pay for these things - which I may very well have.

Some Christmas pressies and more decluttering done also so my summary now:

SFD 6/25
Food £96,5/300
Petrol 53/250
Food bank 0/3
Decluttering 8/20
Extra money earned 0/80
Christmas presents 126,5/200
Outing 0/12
Birthday gift for brother 0/20

Hope all are doing well and keeping spirits up as we move into the weekend.

clippy_girl

hi all check in for yest. was spendy day as spent £15 on iphone lead and 55p on crisps. annoyed about the crisps as should have been good had £15 left over from last weeks spends so at least has not blown the budget.

sfd today though

was planning on not spending anything til i go on holiday on thursday but im going to need to buy an ice pack for my wrist tomorrow. injured it a while ago and have been told i need to put ice on it every two hours. been using peas but not practical at work boots sell them with a cover on which can be used hot or cold for about £7 so will see if i can get one in wilko or savers for less. assume this is still sfd as classed as medical?

its actually quite sore atm and noticed using the mouse on my laptop whilst on my lap is sore so going to give it a rest for a few weeks to see if i improve. means no more entering comps for a while though

karmachilovething

Checking in for today- spendy day unfortunately: much needed haircut, some bills paid and pure Shea butter for body lotion (expensive but trying to move to all natural beauty bits as I finish up what I have)

I can understand the general feeling of down-ness, I think its the short days making everybody feel less energised. Chin up all, and power on!

katrss7

NinjaSavingKat wrote: »

MORNING!!!
Katrss - your updated totals should include everything that is deducted each month be it minimal payments or over payments and every time you manage an overpayment be it £1 or £10.... I never calculate interest as it comes once every three months on my loan... but I will comment on it on this thread should it be added like it was a month ago to the total of £85 - I was not happy but I kind new it was coming.... and yes seeing the total dimish into oblivion helps A LOT!!! ...However Congrats on the house rental! Well chuffed for you!

Thanks NSK. I've checked two of my loans and owe £93.45 less than I thought. I'm so pleased - one more to check and hopefully its positive too. Have upped minimum repayment to the highest interest loan too - feeling invigorated today - hope that I'm passing some of this good feeling on to you all and hope you've all had a good thrifty day too. x

stewby

MrsGSR wrote: »

ta

Firstly do you pay the card off each time it's used? If so you don't need a 0% one BUT it may be an idea to switch to a cashback one so you at least get something back from your large purchase spending.
If it has got debt on it, switch to a 0% balance transfer one and set up a DD to pay it.
You could still get a cashback one for use for holidays, festivals etc but as always MAKE SURE YOU PAY IT OFF IN FULL EVERY MONTH.:money:
Take a look here
http://www.moneysavingexpert.com/credit-cards/

Thank you very much for your response MrsGSR.
I currently have about £3500 on the card which is why I was looking to change it to a 0% one. (currently on 14% I think). My dad is in charge of my main account and pays £200 to it every month but seeing everyone talk about the interest taking so much of their payback, it has made me start thinking.
I will have a read of the link you have given me. I think I have read it before but it got me a bit confused so I might send the link to my dad and he can read through it and maybe explain it in simpler terms (I am not very bright and financy stuff confuses me).


Thanks again for the reply.
Hugs.

MrsGSR

thriftylass wrote: »

Luckily the nursery is just around the corner from our house (although OH drives him on his way to work, which is also walkable to be honest, but hey ho). Luckily DS will get into the uni nursery from next september (only 30 places so took 3 years to get into) which will only cost £4-500 (minus the 15 hours free during term time) plus I will need a bus pass and make him lunch. But then little DD will start probably in the private one too (£1000, which will together with DS eat almost all my wages) after maternity leave till she gets a place at the uni one. But I'm just glad for the job I have now (DNA cloning lab technician), which took long enough to find after DS maternity leave and stepping off the post-doc career ladder, is rather secure and will be hard to replace. Only 12 months from Sept 2014 will be really hard on basically one wage but then it should get cheaper and cheaper .

Oh yeah you've got to do what you've got to do. Esp if its taken a while to find a suitable position. For me I knew I wanted out, all my beliefs and colour had drained from my life and I didn't agree with what I had to deliver and the ridiculous hoops I had to jump through :-( anyway I'm blathering. Indeed it does get cheaper as time goes on.

MrsGSR

On another note I share the glumness, and in a way it's good to know I'm not alone. I'm finding every day life incredibly tiring but that might be partly to do with tiredness from work and the fact i have torn cartlidge in my knee that is mostly manageable and tendsto ache when I am tired and because painful and swollen.
Tonight I want to just curl up and cry, I feel tired, cold, shaky and achey but it's a work night and I must man up and get on with it.

katrss7

Big hugs to you MrsGSR xx