Fresh Diary for 2025!

FootyFanDan

Absolutely a win! Well done 

dawnybabes

Wow, that’s brilliant - do you want to come and do my room of doom ? 

BlueJ94

dawnybabes said:

Wow, that’s brilliant - do you want to come and do my room of doom ? 

Haha I dont think I could spend about 8 hours of my life doing it again 😅

BlueJ94

Morning all, so I've sat down with my cuppa and done some quick life admin. What i say next some people may or may not agree with.

Ive taken out a new credit card with a 0% transfer fee, I know i know before people lecture me. BUT the reason why is my one credit card APR is 37%! Im going to transfer the balance of that straight onto this new credit card, it has a transfer balance offer of 6 months. So I have no choice to sort myself out or be back at square one.

They approved me straight away which I was a little shocked with at first, but its made me realise that I need to get my bum into gear NOW! Not tomotrow, next week.. but NOW!

BlueJ94

Evening all,

Not much going on this evening. Still thinking over the CC application I did this morning, was it a good idea? Does anyone have advice? 

OH turn to cook dinner and walk the dogs, me? Im going to get in my pjs and grab a glass of 🍷

enthusiasticsaver

If you are paying 37% on your CC and you now have a 0% one it was absolutely the right decision.  I would set a fixed amount to repay each month ideally to get it repaid within the 6 month deal period. 

BlueJ94

enthusiasticsaver said:

If you are paying 37% on your CC and you now have a 0% one it was absolutely the right decision.  I would set a fixed amount to repay each month ideally to get it repaid within the 6 month deal period. 

Great advice! I'll set that up asap! 

BlueJ94

So as it stands my CC debt 

Jaja - £796.66/£900 APR 37.7% 
Zable - £1210.11/1300 APR 37.9%

Ive opened the new CC with 0% offer and awaiting for that to arrive, it has a credit limit of £1200. Any advice which would i should pay first? The higher one? Or the lower one? The APR on both is crazy. So as soon as both have been paid off im going to freeze the cards doe a while or just get rid of them completely.

in_need_of_direction

Get rid of zable.  The interest rate is marginally higher and it’ll give you a boost having just one 0% credit card and one with a three figure balance.

jokono

Agree, I think it's a good idea to move to 0%. Make sure you close Zable after transferring to remove the temptation to use it again.