Number of Agreements-Equifax.

Nasqueron

Dandytf said:

@Nasqueron

Complete kitchen , Not during this year. Worktop+Sink+Flooring-Essential '22/23.
Tech continues to be used daily, particulary via Mse recommrned EV Forums using Pixel7 Can Ze Android App.
Whilst I do own Ps5 Digi+Series S Digital Xbox Consoles, these are Non Laptop Devices.

thanks

None of these are essential - that you use them is immaterial - in simple terms:

You cannot afford the lifestyle you are leading

Dandytf

Nasqueron said:

Dandytf said:

@Nasqueron

Complete kitchen , Not during this year. Worktop+Sink+Flooring-Essential '22/23.
Tech continues to be used daily, particulary via Mse recommrned EV Forums using Pixel7 Can Ze Android App.
Whilst I do own Ps5 Digi+Series S Digital Xbox Consoles, these are Non Laptop Devices.

thanks

None of these are essential - that you use them is immaterial - in simple terms:

You cannot afford the lifestyle you are leading

Not Essential, not on Credit either.
Lets see how Next Gen Does😇

Qyburn

Does it have to be an EV? Just as an example we bought a Diesel hatchback last year for £1,700. Does 61mpg, road tax is £20. Even if you have a fancy EV charger and super duper tariff, the cost saving on 1,000 miles won't go far towards paying for a more expensive car. 

Qyburn

Nasqueron said:
If you're having to raid an ISA for cash to cover debt, isn't that a reality check your finance life is unsustainable?

"Raiding" the ISA to pay off high interest debt might be the correct tactic, it depends on the interest rates but the debt is almost certainly costing much more than the ISA is earning. The fact it's reached that stage may show a lack of awareness though.

Presumably nobody would take out an overdraft costing say 30% in order to pay into an ISA paying maybe 5%. Leaving the OD running, and money in the ISA is exactly the same.

Nasqueron

Qyburn said:

Nasqueron said:
If you're having to raid an ISA for cash to cover debt, isn't that a reality check your finance life is unsustainable?

"Raiding" the ISA to pay off high interest debt might be the correct tactic, it depends on the interest rates but the debt is almost certainly costing much more than the ISA is earning. The fact it's reached that stage may show a lack of awareness though.

Presumably nobody would take out an overdraft costing say 30% in order to pay into an ISA paying maybe 5%. Leaving the OD running, and money in the ISA is exactly the same.

I agree but OP is doing it because of their unsustainable budget and addiction to credit. They wouldn't need to raid the ISA if they stopped taking out credit. E.g. you have a finance on windows (8%), you pay for a new kitchen to be fitted; you have an ipad and Macbook but want to buy a gaming laptop on top of your Xbox and PS5; you have lost 50% of your work hours and need benefits but you want to get credit to replace an EV on finance with another EV on finance even though your current EV does everything you need 

eskbanker

Qyburn said:

Presumably nobody would take out an overdraft costing say 30% in order to pay into an ISA paying maybe 5%. Leaving the OD running, and money in the ISA is exactly the same.

Such rational and conventional thinking doesn't apply on these threads!

https://forums.moneysavingexpert.com/discussion/comment/76872105/#Comment_76872105

Dandytf

Qyburn said:

Does it have to be an EV? Just as an example we bought a Diesel hatchback last year for £1,700. Does 61mpg, road tax is £20. Even if you have a fancy EV charger and super duper tariff, the cost saving on 1,000 miles won't go far towards paying for a more expensive car. 

Prob EV which if succesful could be my last vehicle, I appreciate there are unbeleivable ICE offers.
I viewed some Audi's in recent weeks, <15k -almost impossible in earlier years.
I had owned 2 Diesels after passing test, that 'fancy' ev charger equates to most recent charging cable, I use c.p.s. public chargers.
What your vehicle does to the gallon my ev does in total winter 'Range' 60's miles is not unusual before re charge.

thanks until next year, already updating bedroom heater choice vie use home improvements.
  

Dandytf

Qyburn said:

Nasqueron said:
If you're having to raid an ISA for cash to cover debt, isn't that a reality check your finance life is unsustainable?

"Raiding" the ISA to pay off high interest debt might be the correct tactic, it depends on the interest rates but the debt is almost certainly costing much more than the ISA is earning. The fact it's reached that stage may show a lack of awareness though.

Presumably nobody would take out an overdraft costing say 30% in order to pay into an ISA paying maybe 5%. Leaving the OD running, and money in the ISA is exactly the same.

My Inflation incidents, some unexpected, others my silliness.

thanks

Dandytf

Qyburn said:

Nasqueron said:
If you're having to raid an ISA for cash to cover debt, isn't that a reality check your finance life is unsustainable?

"Raiding" the ISA to pay off high interest debt might be the correct tactic, it depends on the interest rates but the debt is almost certainly costing much more than the ISA is earning. The fact it's reached that stage may show a lack of awareness though.

Presumably nobody would take out an overdraft costing say 30% in order to pay into an ISA paying maybe 5%. Leaving the OD running, and money in the ISA is exactly the same.

I have my own thoughts on 30%'s OD's
'Setup to 'Save' everyone 'Millions' 😕 in OD Charges!

eskbanker

Dandytf said:

I have my own thoughts on 30%'s OD's
'Setup to 'Save' everyone 'Millions' 😕 in OD Charges!

Who are you quoting there?