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The Bones
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I hope you all have a lovely Christmas :xmastree::xmastree::xmastree:"If you can dream it, you can do it". Walt Disney0
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Happy Christmas PM2. You've made great strides this year
If you have built castles in the air, your work should not be lost; that is where they should be. Now put the foundations under them
Emergency fund 0/1000
Buffer fund 0/100
Debt March -1,119 (April) -889 (April) -498 (April) -378 (May) -875 July (190)0 -
Just popping in to say Happy Christmas :xmastree: :xmassign: :santa2:.Finally Debt Free After 34 Years, But Still Need to Live Frugally
Debt in July 2017 = £58,766 😱 DEBT FREE 31 OCTOBER 2017 :T 🎉
EMERGENCY FUND 1 = £50/£5,000. EMERGENCY FUND 2 = £10/£5,000.
CHRISTMAS SAVINGS = £0/£500. SEF = £1,400/£12,000 PREMIUM BONDS ME = £350. PREMIUM BONDS DH = £300.
HOLIDAY MONEY = £0 TIME LEFT TO PAY OFF MORTGAGE = 5 YEARS 1 MONTHS0 -
Have a lovely Christmas :xmastree:I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Morning,
Hope everyone had a great Christmas? Mine was good although I've avoided ringing my mum
The potential job was a no go in the end, they filled the vacancy quick.
I've been busy trying to make plans for January and for 2020 in general, but need to finalise them before I publish them.
We got a letter from BC yesterday with some offers, one interesting one is a money transfer offer 0% interest until 1st Jan 2022 with a 4.3% fee. Told DH I'm tempted to go for it to clear the OD, he's reluctant as he said we'll be straight back into it again. I've told him not if I reduce the OD totally. I've got until January pay day before the offer expires so plenty of time to work on him lol
It would mean the debt increases but I'm thinking in the long term it might be worth it.
My work laptop has died, so I need to nip to HO next week before I go to site to pick up a spare one. It's a beast of a laptop but they won't supply me with a new one as I'm only agency.
I weighed myself the other day....not good....need to lose an arm and possibly a leg to get to the weight I want :rotfl: something to work on next year :cool:0 -
That's a shame about the job. I'm sure something will turn up.
Have your habits changed enough to not build up more OD debt? That might be the reassurance and proof your hubby needs.0 -
The overdraft is still debt and would be increased by the transfer fee. I'd do it and reduce it considerably to between 100-500 (preferably the 100) So if it is used you stand a chance of getting out of it easier.
LTotal Debt Dec 07 £59875.83 Overdrafts £2900,New Debt Figure ZERO !!!!!!:j 08/06/2013
Lucielle's Daring Debt Free Journey
DFD Before we Die!!!! Long Haul Supporter #1240 -
I'm glad you had a good Christmas Purplemum. Was it just you, DH and the DC for Christmas?
I think getting rid of the overdraft sounds like a good idea as overdrafts are expensive.Finally Debt Free After 34 Years, But Still Need to Live Frugally
Debt in July 2017 = £58,766 😱 DEBT FREE 31 OCTOBER 2017 :T 🎉
EMERGENCY FUND 1 = £50/£5,000. EMERGENCY FUND 2 = £10/£5,000.
CHRISTMAS SAVINGS = £0/£500. SEF = £1,400/£12,000 PREMIUM BONDS ME = £350. PREMIUM BONDS DH = £300.
HOLIDAY MONEY = £0 TIME LEFT TO PAY OFF MORTGAGE = 5 YEARS 1 MONTHS0 -
Another vote to get rid of the OD.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Franalamadingdong wrote: »That's a shame about the job. I'm sure something will turn up.
Have your habits changed enough to not build up more OD debt? That might be the reassurance and proof your hubby needs.
They have and are getting better. The main problem is that we are so deep in the OD that when it's payday it doesn't make any difference but DH can't see that.The overdraft is still debt and would be increased by the transfer fee. I'd do it and reduce it considerably to between 100-500 (preferably the 100) So if it is used you stand a chance of getting out of it easier.
L
I got the fee wrong, it's 2.4%, rechecked the paperwork.
I've said to DH that I wouldn't totally get rid of it....yet, there would always be an initial £500 buffer until we don't need it any more.Another vote to get rid of the OD.
Thanks0
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