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Would anyone mind having a quick look at SOA?

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Comments

  • LMG1305
    LMG1305 Posts: 179 Forumite
    Fourth Anniversary 100 Posts Combo Breaker Xmas Saver!
    I've also just paid just under £150 (including £50 cashback) for my line rental and then I will pay £1 per month for internet for the next 12 months.

    In regards to the £150 for your line rental, what will happen after the 12 months is up? Will you need to pay again because if that's the case, you need to start putting something aside for this now, otherwise you will need to find £150+ again in 12 months time.
  • DebtFreeDuo
    DebtFreeDuo Posts: 1,021 Forumite
    1,000 Posts Third Anniversary Combo Breaker
    LMG1305 wrote: »
    In regards to the £150 for your line rental, what will happen after the 12 months is up? Will you need to pay again because if that's the case, you need to start putting something aside for this now, otherwise you will need to find £150+ again in 12 months time.

    Thank you for raising this, I did contemplate putting in my old figure for my landline and broadband and maybe should have done so but yes but my contract will be up and it will probably increase so I will look at moving which will most likely result in reverting back to monthly payments, I'm not overly concerned with this at the present time as its a relatively small amount and quite easy to budget for later on, if all goes to plan then my debt will be cleared by the time this will be due.
    Change the way you see things and the things you see will change
  • LMG1305
    LMG1305 Posts: 179 Forumite
    Fourth Anniversary 100 Posts Combo Breaker Xmas Saver!
    Thank you for raising this, I did contemplate putting in my old figure for my landline and broadband and maybe should have done so but yes but my contract will be up and it will probably increase so I will look at moving which will most likely result in reverting back to monthly payments, I'm not overly concerned with this at the present time as its a relatively small amount and quite easy to budget for later on, if all goes to plan then my debt will be cleared by the time this will be due.

    No problem :) Thought I would mention it in case it had been overlooked, but it sounds like you are prepared for the increase in a years time & as you said, if your debts are cleared by then you will have extra money per month.
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