Slaying my Debts

southernscouser

Buffythedebtslayer wrote: »

If I borrrowed from an interest free CC card and paid it in to an ISA - say 1500, at 6% is it worth doing? the interest would pay off the fee and then what was left although could be an extra bit of mony towards the debts.

I think it would make around 90 pounds a month? mind you my maths is rubbish.

any opinions?

Don't forget though that you have to pay the minimum payments each month!

That would be £250 roughly over the 6 months that you wouldn't earn interest on! :think:

Plus the £90 is an annual rate. As it's only 6 months the interest would be nearer £45!

Edit: So probably not worth doing. If they charged 2.5% for the fee you might make a fiver if you're lucky! :doh:

Buffythedebtslayer

southernscouser wrote: »

Don't forget though that you have to pay the minimum payments each month!

That would be £250 roughly over the 6 months that you wouldn't earn interest on! :think:

Plus the £90 is an annual rate. As it's only 6 months the interest would be nearer £45!

Edit: So probably not worth doing. If they charged 2.5% for the fee you might make a fiver if you're lucky! :doh:

Yeah I did lots of bad maths and decided it would be too complicated for my brain and not enough money to make it worth it. ceers tho x

I am cold. must turn up heating.
and defrost/empty Freezer. women coming to collect it - freecycle. lets hope she is genuine and not some nut job/criminal.

and then its friday and MUM will be home!

nope its no good am shivering!!! will be back at the weekend Enjoy the rest of the week people!

xxx

Buffythedebtslayer

Beerworshipper wrote: »

Hey Buffy, please keep posting, I love your thread as it comes across as so genuine (as do all posts on all the threads here but yours has real character behind it).

Plus its a fantastic username and really catches the eye:T

That is so lovely, thank you xxx

Buffythedebtslayer

I said I 'd be back at the weekend but I can't keep away!!!

and it is almost 7 and I am not even half way through my chores and i NEED to be up at 5!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

only managed to put shopping away fridge lady not coming till Saturday.and got to tidy up the conservatory

right so I will eat dinner, put shelves in shed, move fridge in to hall, and then tackle the (freezing cold) conservatory. might have to put the heater on out there not DFW but I loathe being cold!

just the recylcing, I might try and move furniture but that could be amibitious, although I could patch up the hall painting, that would be easy I think...........
famous last words! you watch I 'll watch the simpsons and be on here all night!

No, I must remember that this will make Mum really happy. I will be well pleased when she comes home to a clean tidy house.

xxxxxxxxxxx

findingmyownway

I'm sure your mum will just be pleased to get home to YOU, and won't notice if the house isn't spotless - i am sure a quick tidy and vacuum will do fine.

Good luck with the driving lessons, its such hard work i know, but it will be worth it in the end and you are right about it opening up job prospects etc.

The credit card stoozing is much too complicated for me. I think the 'credit crunch' is reducing the availability of good deals too. All in all too much effort i think.

Good luck with the debt free quest!!

Buffythedebtslayer

curses I am still here!

and the simpsons are on!!!

I have no willpower!!

Buffythedebtslayer

:j :j :j My Mum is home!!!! :rotfl: :rotfl: :rotfl:

I am so pleased she is back!! I am not on my own any more!!

I have missed her so much, it is so nice to have her back!

And tomorrow, after a quick trip to the shops I am going to finish my e bay sorting and go through my bills and bank statements to work out how much I have left get through the year, I am semi doing the 4000 pounds a year challenge - I say semi cos I am just doing it for me lots of people on there have families and are being amazing with money! but I have over spent a far bit this last month with mum being away but I am going to fix it. then Sunday will be spent e baying and marking coursework and Monday is my birthday! what a lovely weekend this could be

now going to have dinner with Mum

see you all later
xx

kika

:bdaycake: :EasterBun :beer: Cheers! Good news, enjoy yourself.FAWLC is Frogga's amaxing weight loss club but I've put weight on and too embrassed to post on thread! ( its on old style) Happy Birthday if I don't get on again.

Buffythedebtslayer

thank you Kika!

today was not too successful I went out shopping, spent loads of money, on stuff I don't need but wanted. I am reading a book about organising and "needed" some equipment to implement this guys idea - me sucker? nah honest.

I might take some stuff back. I could return about 20 quids worth of stuff.

ugh.. am I ever going to break this bloody stupid habit.

I think tonihgt i will do school work and my room and pets tomorrow.

am so tired! and it is only 6.15

hope every one is having a good weekend

xxxxxxxxxxxxxxxx

Paranoid124

Hey Buffy!

Happy Easter! Went and did the same today in the spending stakes...and all because I was bored (!?!?). Trying to distract myself with things around the flat to do!

Hows the re-planning going?