Overpayment Addict

sleepygirl126

I have absolutely loved your diary...well done you! From a fellow single mum who is trying hard too xx

scd3scd4

I like the sound of the no spend days..........great idea.

SuperSecretSquirrel

Sorry to hear about the car As wildesavings said, at least you have savings to fall back on! These blips happen and you'll have your savings built up again soon enough

DeterminedSingleMummy

Yep.. these things happen but it's still incredibly annoying..:rotfl:

I have a few options...

Either use the mortgage overpayment money to get a new car... or get a new car on a new 0% purchases card which I have just been accepted on and repay it back by lowering my mortgage overpayment budget. Or I can use my shares...

Reality is the money will be in the bank earning interest while I repay 0% card. Just have to think how I want to fund it that sounds the best mentally :rotfl::rotfl:

Just so stressful looking for a new car tho..

wishingthemortgaheaway

My hubby has finally purchased a car after dithering for 3!!!! Years. Thankfully he did because his died two days before we picked the replacement up.

Make a list of must haves and nice haves for features and go from there. My must haves were things like 5 doors, cruise control and a decent sized boot. (And £30 a year car tax).

wildesavings

0% sounds good, because you've got the money to clear it if you need too and it doesn't look like a back step ....

Hope you find one you love soon x

museumworker

Congrats on the new job! Hope you're settling in well.

What a pain re: the car. Do you definitely need to replace it? And if you do need it for work do they offer any schemes/ tax incentives?

I would look for something reliable, cheap to run, and easy and cheap to maintain. We have a Ford C-Max which we've had for 5 years, bought 5 years old from an ex disability hire scheme. It had about 40 k on the clock. It is so reliable and parts are easy and cheap to get. Only mistake was getting a diesel due to upcoming pollution charge about to be introduced.

We're thinking of not replacing ours when it goes though and just using a car pool scheme instead, but we don't need ours during the week.

Sounds like 0% is a great option, and you do have your share money saved if you need it. Hopefully you'll get something for scrapping your old one too.

DeterminedSingleMummy

Just waiting for my new card to arrive before I can get a new car. The new card is 30 months 0% purchases so gives me lots of flexibility. Which is great.. plus it is a second card with Tesco and I know I can transfer the credit limit from card 1 to card 2 to increase the 0% purchases offer and earn Clubcard points too. Little things but it all adds up at the end...

Museum worker: companies are not allowed to offer tax incentives for car schemes anymore... only childcare, pensions and bike scheme I think...

Currently looking at a small car with £0 road tax. I budget for tax mot and insurance weekly so I may have money left over from that pot as my tax and mot on my old car is due after xmas which wont be needed now so any money left over from that pot of money can also go towards the new car... So the situation might not be as bad as originally thought as that money would have been spent looking after my old car anyway... just need to do some number crunching first.

Will get my first payslip for my new job next Thursday so will be able to reburget my numbers to see if I will be better/worse off monthly... (overall I will be better as I've increased pension contributions) but not sure about how much money I will receive after tax in my bank... hopefully my figures are accurate and the tax calculators I've used online are accurate too

Now to go to my old car and try to clear out all my mess in it before it gets scrapped.. this might takes me ages as it's full of crap :rotfl:

DeterminedSingleMummy

No spend day today the good thing about being in work all day is there is no opportunity to spend money really.. hoping to have a few of these this week...

My water bill has come and they've readjusted my Direct debit by 50p a month so another (even though tiny) bit of money saved.

I also need to remmeber to stop using my Santander 123 card from 30th and use my credit card to stooze again as the 5% cashback offer will end on the 30/09/17... I havnt tracked this... just spent whatever I would normally do so any money earnt is a bonus

DeterminedSingleMummy

So I've been having issues with my bank around my balance transfers and them not going through so I rang again yday to sort it out and I must have been so fed up as it was the end of the day. I didn't complain or intentionally be awkward but the woman over the phone logged a complaint and has credited me £50 For the hassle. And she sorted out my balance transfers too

I transfered three cards balances onto the new card all at 0% Interest with no fee. I will cancel two of the cards and then carry on spending on the third card as it still has 0% purchases until 2019 so I've freed up some credit limit by transferring the balance.

Stoozing hasn't affected my credit limits on new cards or the ability to get cards. In fact I've been getting a bigger limit each time I get a new card now and I've had a few new ones this year. Two new 0% purchases one and two new 0% balance transfer ones. I always applied for the cards using Topcashback too so I've earnt money by having them. I don't think I will be needing a new card now until 2018.

Just need to register for Internet banking on it so I can keep an eye on the balance and make sure the direct debit minimum payment goes in...

No spend day yday again as I was in work all day. Will be doing the school run today and not sure what we're doing after school. Hoping for another no spend day but DD might want or need something...

Should really get out of bed now to go to work :rotfl: