Hope is not an Effective Financial Strategy

lippy1923

Yay for the thousand £ mark. I love being able to tick off a new house block on the fridge. I will be doing that at the beginning of next month

I noticed the Tesco CC was changing. They are just getting stingy now. Stupid Tesco's. And booooo to Santander for hiking up the 123 account fee. I still make more than £5 in cashback each month, so will be staying with them but I'm not happy.

shangaijimmy

Lippy - do you have your mortgage with Santander? For the 123 account after the price hike we'd break even. Not sure yet what a normal CC month would give us, so i'm leaving out of principle. In relation to shifting the current account it get is £100 of coop and £15 off quidco, so i'm happy enough with that!

lippy1923

No mortgage is with Nationwide. I usually make about £7-8 in cashback with my other bills so most of it will get eaten up by Santander's fee. But I still get £40 in interest from the account so will stick with it. I have too many current accounts at the moment, otherwise I would think about opening new ones and split my £20k between them. Most only give interest up to £5k though so would be looking at another 4!

shangaijimmy

Ah,the 20k interest! All makes sense now!

shangaijimmy

Well Mrs SJ had a good morning present wise. She has a large family to sort but boxed half off, with a couple of ideas to mull over. So money transfers needed from Christmas fund to CC, but i'll do that tomorrow when i look at a few other money things (house insurance needs sorting and am determined to get some cachback!).

It feels good to be back on the TT front, and i may have a little peek at our budgets tomorrow as i've not looked at those for a few months and we do seem to be under budget each week now on food shop - the joys of Aldi!

debtfreeoneday

have a great weekend SJ!

pink_poppy

shangaijimmy wrote: »

Pink - I was aware which was part of the reason we shifted to Santander. Then 2 months later they upped all their fees. I am in a quandary about the CC card for 2016. We always pay off in full and only use it to get 'rewards'. Research, thinking and decisions are needed!!

Glad you were already aware of the imminent changes. I'm thinking about getting rid of the Tesco CC as I very rarely shop there now. I got it originally for the 18 months 0% so that I could do a bit of stoozing, plus the clubcard points came in handy too.

shangaijimmy

Very quick post. £1 TT's this morning. 28 ebay items listed this afternoon (got about 35 left facing me tomorrow). 3 of the 4 items listed yesterday have sold for a £22 profit. So that will go towards DS1's birthday in January.

Signing off, will be back in the morning!

debtfreeoneday

Woah, you go Mr Ebay!

shangaijimmy

Another lovely £1 TT'd this morning!! Also 2 eBay items had bids received over night. Added motivation to get those others listed!!