Trust fund curiosity

Cleo9990

Thanks again Malthusian,

I wasn't being rude.... it's me that's totally confused. I can tell you are somewhat of an expert in these matters, so thanks . I really do appreciate it. I've just done the maths based on the last paragraph and it seems we'll be looking at 700 quid each if I've got my sums right (at best)..... I'm a bit fed up now!

Cheers though! x

Cleo9990

That sounds really ungrateful and I don't mean it in that way....It's just I've had these daft dreams of a few grand which would truly mean the world to us.
Anything is nice and that's what I need to hold on to.
I'm not a greedy, money grabber.....far from it actually. Money has little interest to me. BUT we would really benefit from a few grand to pay off debts essentially, that's all.....
Whereas 700 won't help us too much. That's all I meant!

coyrls

Nobody on the forum knows how much you are going to get. Many have suggested that you keep your expectations low and I agree with them. You may get a pleasant surprise but don't count on it.

Malthusian

A visit to the Debt-Free Wannabe forum may be of far more help to you than this thread. Or even the money itself.

£700 off your debts would still be £700 off your worst, most expensive debts, and you can put the interest you've saved on those debts towards paying off the rest of your debts, and so on.

The one thing you know about the amount you will receive is that it's not £700, or £7,000, or any of the other figures bandied about here. As we have nothing to go on and there is an infinite number of possible amounts it could be, the chance of us having guessed exactly the right number is [something ÷ infinity] = nil.

Putting a plan in place to pay off your debt will bring far more happiness than whatever the inheritance is, and you can start on that now rather than waiting months for the solicitors to do their sums.

Cleo9990

Well that's told me.

As a very wise person (not probably mse "wise" but I do believe, there are other forms of wisdom other than financial!) The people who always say "money doesn't bring happiness are usually the people who have plenty of money!"

Yes, I can put a plan in place and pay off my debts....I haven't thought of that before, silly me .....and I am sure it will bring me a great deal of inner happiness when I do. I have two little children and am paying £600 a month purely to go to work and have my youngest child cared for whilst I teach other people's children.

It is not easy bringing debts down I know. I am luckily not in the total s h i t like some people and owe a bit to my folks and have a small amount compared to some on my cc. I really don't think we're in massive trouble but I do hate the overdraft situation which is what I have been mainly referring to, so I'm very , very grateful to the wonderful person on this thread who clearly and politely linked me to the overdraft information thread.

Of course I was hoping for a good result with this mysterious and unexpected trust fund thing and of course I know that exact figures and numbers couldn't be given. It was just interesting for me to discuss possibilities, and gain some "advice" and opinions, in an informal, friendly and curious, slightly humorous way. I stupidly thought that is what a discussion forum was for. Wrong.

Cleo9990

Anyway, thanks everyone for your help....it's been very enlightening and useful.

Better get myself over to debt free wannabe forum

eskbanker

Cleo9990 wrote: »

Well that's told me.

[...]

Yes, I can put a plan in place and pay off my debts....I haven't thought of that before, silly me .....and I am sure it will bring me a great deal of inner happiness when I do.

[...]

I'm very , very grateful to the wonderful person on this thread who clearly and politely linked me to the overdraft information thread.

[...]

It was just interesting for me to discuss possibilities, and gain some "advice" and opinions, in an informal, friendly and curious, slightly humorous way. I stupidly thought that is what a discussion forum was for. Wrong.

That all seems an unnecessarily huffy and petulant response to the many people who've taken the time and effort to give pragmatic and useful guidance - granted some of us may have been a bit more concise and to the point than others but when all is said and done it's a money saving forum not Mumsnet!

ManofLeisure_2

Crikey, this thread highlights exactly why some people decide to leave their money to charity!

Cleo9990

I was very grateful to the majority of people who gave excellent advice and thanked one in particular. It has been really interesting and I have not been huffy or petulant. I was a bit fed up with one response, otherwise everyone has been great. I don't see any issues or need for drama. I've never been on mumsnet so I don't understand the comparison. As a teacher and a mummy I'm too busy for mumsnet or whatever. This forum is great though and people have really helped me in the main. Cheers x

Cleo9990

ManofLeisure what a ridiculous comment to make! You don't know me and you have been very rude when noone else has. How bizarre.