Getting a loan to do fun stuff!?
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Yellow_mango wrote: »If you have a years worth of bills in the bank, I’m sure that would fund a holiday or so. I’d borrow from yourself first as and when the time is right (and use the £450 a month you were going to spend repaying the loan to pay yourself back and save for the next holiday).
This is the no brainier.
Why pay interest when you have the cash sitting there? Makes no sense.
Have a holiday, enjoy life, keep 6 months of bills in the bank.0 -
If you can afford it, do it mate.
We loved Orlando. Must admit I preferred Universal Islands of Adventure over Disney. Great holiday even if the pound is rubbish at the moment.0 -
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What would the monthly cost of the loan be? £450 a month or thereabouts? That's a pretty healthy "fun" budget as far as I can see....so if you can pay for the loan, you can also afford the things you're saying there is no spare money for currently....
As others have said, memories are not made with money, they're made with time, doing things together, visiting interesting places - but none of this needs to cost megabucks.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00
Balance as at 31/12/23 = £112,000.00SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
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