Should i get a wonga loan

Nargleblast

summer Now you have made a few changes it may be time to revise your SOA/budget to see how things stand. Don't forget that if you are planning to use your caravan for holidays, you need to put the figures in for that - decide how many times a year you will use it, work out an approximate cost for each trip (site fees, increased petrol costs, maintenance etc) then see what that equates to monthly. Also some sort of emergency fund as well. Review all your insurances to try and get a good deal, likewise your utility bills. It's a bit of a slog but worth it in the end.

philgee

Hi,

Not had a chance to read the whole thread, but I think you said you were signed off work on full pay at the moment - is there anyway you could negotiate with the nursery if you don't need to use them at present? Perhaps pay a reduced fee to retain the place for when you do need to use it again? Could save a fortune potentially...

MoneyMission

Well said Scritti.

Summer33 -You are making decisions for your family based on what is right for you. Everyone lives life differently and for you, moving your boys school is a tough but essential choice to save money. You work hard and juggle kids, school, work and home. If your caravan is your sanity and you can make it work then it is so worth holding out for.

I have read other threads on here where people were unwilling to sell their horses to enable them to clear debt quicker. Other people don't want to downsize. Some people won't sell fancy pens . It takes all sorts and only you can judge what is more important for you.

I wish you all the very best in your journey. Its bloomin hard and sometimes very dull doing all that penny pinching but having a budget and sticking to it really does help.

Off to lurkdom now......

summer33

Can I just say a HUGE thank you to last few comments that have been left by the supportive people. I appreciate each and everyone of you.

I did contemplate giving up on this forum, but yesterday had a long and hard think and came to the conclusion WHY, it has helped me make the changes I have made already, and why let the odd person ruin that.

I will admit it has been an extremely hard week for me, and cried a lot over the boys changing school. Their current school are so sad to see them go, but fully understand the reasons behind it. The boys are sad too, but you know what after sitting them down and discussing the reasons, etc, they both understand and are ok about it. :T Eldest said he cannot wait and is chuffed ( well I was nearly sobbing again......... hugged the life out of him ) On the plus side too, the headteacher at their current school has said I do not need to worry about paying off their school trip. He said do not worry...forget about it. Oh more tears

They went the new school today to meet their teachers, and children in their new class, so that helped them and me.

So again a big big thanks for the support I have had in my decisions.

Thanks to you all, you know who you are xxxxx

emmaglet

summer33 wrote: »

On the plus side too, the headteacher at their current school has said I do not need to worry about paying off their school trip. He said do not worry...forget about it. Oh more tears

:j:j:jYay that's great

Monkeyballs

Hi Summer,

I only read this today when I realised how many pages of replies there were to what originally sounded so simple "Should I take out a Wonga loan"?

Obviously the answer is no - but the page after page of abuse which followed is pretty shocking and although in most cases their observations might be correct and worth suggesting, at the end of the day the decision is yours.

I understand that you want to protect the few things you have left which make you feel normal there may be a time when this changes and you just have to bite the bullet but for the moment if you can answer yes to my next question then in my mind you're doing ok... That question is;

Month on month is the amount you owe either in arrears or on debt reducing?

If the answer is yes, you're getting out of debt and while it might not be as quick as it could be - so what? It's your business but please if the answer is no then think again about your outgoings and your assets (don't forget, your time is an asset so a second job might be an option even if it's just sitting on front of the computer each evening doing surveys).

My thoughts on a few contentious points on this thread;

1. The caravan; you've been clear on your thoughts and it's not happening so if you are reducing your arrears/debts each month then cool - ignore anyone who challenges you on it, you don't need to keep repeating yourself

2. Packed lunch: as above, I guess if I had to suggest anything it might be to look at alternating days so one day hot, the next cold? Maybe even getting your lad to help prepare his lunch the night before to get him to buy into it and make it fun instead of a hardship? Your choice, that's the last I have to say here...

3. Kids X Boxes; they're not yours so don't even think of touching them! Things are hard enough without making your kids hate you!

I can't really comment about SATS and stuff like that as I'm clueless but it's good to hear about the school trip debt being dropped

A couple of other things you might want to consider, I don't know how long you've got left on your mobile contract but if you have had it for longer than 6 months then ask about a step down - some networks allow you to step down one tariff every 6 months and it's normally a drop of about a fiver...

Secondly, I don't know what your phone is but how about looking into selling it and buying a cheaper one? If you sell it for say £100 and buy a bog standard one second hand for £30 that's £70 to chuck at your debts?

Finally, I'm sure you have things which you probably can't be bothered with listing on ebay or gumtree (old clothes, cheapo toys, unwanted gifts, etc) how about going carbooting? It's fun so you can get the kids involved too

Basically, where there is a will there is a way - if your arrears and debts are going down then great! If not, how much do you need to make/save to reduce your debts by at least (lets say) £50 per month and what ideas DO YOU have?

People on this forum get a bad rap from people on the other forums on this site as we're all hugs and "chin up" LOL everyone is trying to help and offer advice but it's a looooooooong and impassioned thread - everyone means well, leave it at that

All the best,

MB

peaceandfreedom

Scritti wrote: »

summer33, you've been extremely polite when people occaisionally crossed the line and I'm not surprised you eventually flipped (and then even got criticised for defending yourself?!!). Reading these posts and then re-reading it all again in one go has cemented my opinion that you've been nothing but open to advice and very polite in your replies all through this thread. You made it clear that you wanted to try some non-caravan/xbox-selling ways of getting straight before taking more desperate measures and a few people did not respect that and became very rude when you didn't just do what they wanted you to do. You sound sensible and mature enough to know that you may need to take those extreme measures at some point though and I do wish you the very best of luck and well done in the things that you have done so far in order to cut down your current spends. Oh and I also want to say that you sound like a fantastic mum who clearly loves her family very much!

Again, the very best of luck to you!!

Just wanted to say "hear hear" to this post. It sums up what I've been thinking but lacked the courage to come out and say. Summer, I'm sorry for not coming out and posting a message of support earlier.

I'm kind of amazed you stuck around following all the aggro you got - not only did you stick around but you stayed polite and expressed thanks for all comments!

Well done you. :beer: From the sounds of things so far, I think you'll be fine. I'm looking forward to seeing how you get on - perhaps you should start your own diary on the DFW diaries board?

Skinnylatte

Yey, start a shiny new diary x

tabby_cats_mum

Well done Scritti, said everything I wanted to but couldn't think how to put.

Keep us posted Summer you are doing really well.

milky1991

I have been dipping into this thread from time to time and agree that some of the posts have been far from friendly. :mad:

I honestly think that you should never get a wonga loan or any other payday loan, let's face it even !!!!!! Turpin had the decency to wear a mask.

Re the caravan yes I think you should sell it, however that's a decision for you and nobody else, if your hanging onto it for the enjoyment you get out of it good luck to you.
I'm in debt but would never sell some things I own others I would sell but that's my choice.

You seem to be going in the right direction and making cutbacks in other areas so keep it up, maybe one day you will sell the caravan but till then just keep going.

Good luck