~Make £10 a day Challenge January 2016~ Brand New Year,New Start, Everyone welcome

Kantankrus_Mare

Oh it has connected. Just checked email and been upgraded to premium for the first two weeks. Thats nice!!

Not sure if its the same for everyone but gives me even more of an incentive.

Good luck with yours as well Siouxie!

lexbubbles

Woop my £19.60 from Vivatic last month just landed in my account (already counted it in last month's as I earned it) so £15 over to the CC, £4 in the rallycross fund, and 60p to the emergency savings.

Gotta get some surveys done now before I go to uni via the post office

lexbubbles

screened out of PB and VO (again)

84p on Vivatic. £1.16 more before midday tomorrow for a 40p bonus. £3.63 to withdrawal.

lexbubbles

42p more and looks like that's it for the day now.

£536.42 / 558 (19.87 / day)

£21.58 to go

fairyclicks

lexbubbles wrote: »

This. It will only 'catch up with itself' if you stop making payments and thus increase your mortgage again. As long as the mortgage is reducing (ie you're making payments above the interest amount), then the interest is reducing as well.

Aesop wrote: »

I maybe wrong and will wait for lexbubbles and some of the other smart maths people to come along and say different but I believe by paying daily, you are reducing your mortgage. By reducing your mortgage, you are reducing how much is owed, so the interest does get lower only by pennies I think. But by reducing your mortgage, you are reducing what you owe, that means you owe less money, therefore less interest.

Surfchik80 wrote: »

I may be wrong, but I'm fairly certain that if you have a mortgage that adds the interest daily, then you will be saving interest daily, each and every time you pay a bit off. Obviously, if the mortgage provider accounts for the interest on a monthly basis instead, then any interest you save would be calculated monthly too. i.e., in the latter case it could be more profitable to dump the cash in a high interest savings account and take it out to pay at the end of the month so that you gain a bit of savings interest and ALSO save mortgage interest at the same time.

Jeez, I hope that make more send than it reads!!!! :rotfl:

Thanks for all those confirmations - i was pretty sure it would reduce the interest but then i started questioning myself and overthinking so turned my head to mush :rotfl:

Oh and i got another payment in for fb sale of £3 odds - need to transfer paypal balance to savings account to see where i am now as confused myself by buying another boxset on ebay....i think its my new addiction!!

gien

Sorry not to have posted for a while, been quiet on the selling front, but today I just got 32.50 for a load of books. I'm away for the weekend but will put another load of stuff up on Facebook on Monday.
Total for January then is 393.50. I'm so pleased with this. Honestly if I hadn't decided to join you here I think I would have given these all this to the charity shop and instead I have made enough money for our food bill. Thanks for the thread.

Aesop

gien wrote: »

Sorry not to have posted for a while, been quiet on the selling front, but today I just got 32.50 for a load of books. I'm away for the weekend but will put another load of stuff up on Facebook on Monday.
Total for January then is 393.50. I'm so pleased with this. Honestly if I hadn't decided to join you here I think I would have given these all this to the charity shop and instead I have made enough money for our food bill. Thanks for the thread.

Well done that's amazing

lexbubbles

84p + 40p bonus on Vivatic.

75p on VO

fairyclicks

lexbubbles wrote: »

84p + 40p bonus on Vivatic.

75p on VO

Oh is there another bonus on Viva? must have a lookie

Checked my Neo account and earned $2.32 in last 24hrs so am close to my $2.50 daily target on there already and it should keep going up.

Clix up to $3.96

Reward Shopping up to 47,000 (oh if only that was ££ lol)


Checked savings account and up to £346.16 today

£15 paid off mortgage

Off to check on emails to add some survey pennies good luck everyone!

lexbubbles

fairyclicks wrote: »

Oh is there another bonus on Viva? must have a lookie

Expires at midday, so you probably won't make it. Started sometime yesterday whenever I posted about it... 4pm or so?