Mood swings

Shakin_Steve

With regards to credit, does anyone else have 'mood swings', like me?
I sat doing some numbers yesterday afternoon......what was in the current accounts, savings accounts, etc. Then I looked at the balances on the credit cards...not huge, but about £3.5K.
Two of them on 0% deals and one set to pay in full each month.
So I thought 'Why am I carrying balances on credit cards when the money is in the bank?' So I paid them all off. Made me feel good, for a while. Then I realised I'd paid good money to transfer the money from the cards to my current account in the first place.

In a couple of months I'll want to buy a big ticket item and I won't fancy reducing my bank balance by that much. Guess what I'll probably do then?:o
Like I said......mood swings.

Terry_Towelling

Hmm. Not sure what to say to that. I think we all have mood swings - but not like the one you've just had - it's more like memory loss than a mood swing.:)

Looks like you'd started a line in stoozing and then forgot all about it. From what you say, it sounds like you also had to pay a fee to do the money transfers from the 0% cards to your current account.

Oh well, in a couple of months you can just buy that big-ticket item using one of the 0% credit cards and, apart from the loss of the transfer fee, you're back to where you were - more or less.