Best way of saving the 'Stooze Pot'

emma396

wayoflife wrote: »

yer me too emma, I have four credit cards now for different things!! the only thing that annoys me is the silly credit cycles, 25 or 29 days, which mean you never pay them on the same day of each month....grrrr!

what card have you got?

only morgan stanley, marks and sparks and skycard at the moment. all statements can be accessed online. being neurotic i check every couple of days. so about a week or 10 days b4 payments r due, i arrange for the money to be sent via internet banking. don't u just love the internet?

emma396

wayoflife wrote: »

yer me too emma, I have four credit cards now for different things!! the only thing that annoys me is the silly credit cycles, 25 or 29 days, which mean you never pay them on the same day of each month....grrrr!

what card have you got?

only morgan stanley, marks and sparks and skycard at the moment. all statements can be accessed online. being neurotic i check every couple of days. so about a week or 10 days b4 payments r due, i arrange for the money to be sent via internet banking. don't u just love the internet?

btw, i know the rough dates that payments r due, to avoid missing any payments

Bisoy

Same here just like YB. I moved all my credit cards DD 1st week of the month, SO 1st of each month and the rest siphoned to ICESAVE.;)

sicker

emma, I like you use home banking but I set up payments to be paid each month all at one go. eg £25 10th july, £25 10th Aug etc. I pay the same each month and do it for the length of ths 'stooze'. Direct debits and standing orders can be checked on line and easily changed if need be. Doing it this way means only having to do it the once tho' constant checks are probably adviseable.

John

wayoflife

emma396 wrote: »

only morgan stanley, marks and sparks and skycard at the moment. all statements can be accessed online. being neurotic i check every couple of days.
don't u just love the internet?

I have an M&S one too, by far one of the best out there, especially for b/t's. I do love the internet!
so about a week or 10 days b4 payments r due, i arrange for the money to be sent via internet banking.
I have mine by DD, looking at a previous comment to my cycle frustration, I do have them set up all for around the 1st of the month, however because of the cycles, they creep back!

btw, i know the rough dates that payments r due, to avoid missing any payments

....And come November it will be alot better, as all transfers will be instant! thats right, from your current account to your credit card instantly! Ive started using the egg money manager, have you heard of that?

emma396

have heard of egg money manager, but i shut down both of my egg credit cards. Plus i don't like any one financial institution knowing all my financial information.

wayoflife

Bisoy wrote: »

Same here just like YB. I moved all my credit cards DD 1st week of the month, SO 1st of each month and the rest siphoned to ICESAVE.;)

I do this aswell, you in effect with this system, get interest on your salary 3 weeks out of four, which equates to 9 months worth of interest a year!

not bad for nothing!!!