Making a fresh start?

fairmorn308

well dont know about rich cause i have a ££££ life style hehe.

Nah it should work out ok cause my 1st job will be 10pm until 7am and this other job will be about 12pm-1pm until about 6pm ish

thanks for all ur help any

Breakdown of what my expenses will be.

Income = £386 a week after tax
Travel £30
Food etc £40

Re-payments about £100

Do you think its worth upping the repayments by alot to clear the debt alot quicker then have alot more 2 myself

fairmorn308

My gf is going to help me manage my money a bit better and every week take out a allowance so thats all i can use for the week and she will keep my card. until i get into the ways of not spending all the time.

Also another thing, my debt will be clear with that wage end of auguest and will be saving for a few other things so you think best to just keep it in the cash account or transfer it into the savings account? really looking for best way of managing money on my accounts so it shows the bank i can handle money well for wen it comes up for upgrade in about 6 months time

fairmorn308

once my debts are sorted. I will be savings towards a wee car project i have but the thing i would like to know is do i just keep the money in the normal account as it will be getting withdrawn at some point or do i just transfer a little bit of money to my savings account and so it makes out i can save and handle money?

hope that makes sense

Ember999

Hi Hon,

As I said in an earlier reply to your post, I would save a little in a savings a/c and let the bank see you a) have money to save b) you can save it.

Also, you will get a little interest on the amount you save. What's the car project?

Ember999

fairmorn308 wrote:

well dont know about rich cause i have a ££££ life style hehe.

Nah it should work out ok cause my 1st job will be 10pm until 7am and this other job will be about 12pm-1pm until about 6pm ish

thanks for all ur help any

Breakdown of what my expenses will be.

Income = £386 a week after tax
Travel £30
Food etc £40

Re-payments about £100

Do you think its worth upping the repayments by alot to clear the debt alot quicker then have alot more 2 myself

It's admirable getting and doing two jobs to clear up your finances, but looking at the hours you would be working, when are you actually going to sleep? Night-shifts really drain the body and it takes quite a while to get used to them. By the time you get home and get to bed, to then have to start work again at 12/1pm ish is telling me you would maybe get about 4-5 hours sleep if you are lucky. Tiredness can kill, lose you your job and mess up your home life. Think carefully before you try to do a day job during the time you should be asleep following working a night job.

fairmorn308

Well before i started night shift i was working that sort of hours just for one company.

Night shift is fine i get used to it

my car project is just restoring my peugeot and making the engine faster :P , Reason am wanting to do 2 jobs is to clear my finances quickly and get some money saved for doing my project. I have always wanted to do things to the car but it would of meant of saving which am no good at but this time am going to make a go at it

fairmorn308

Phoning about the new job 2mo ( well today )

Also whats the chances of getting a upgrade on account say like at xmas time, If i show i can maange money like with savings account and also got a healthy balance on the normal basic account.

fairmorn308

Should i close all 3 accounts i have with bank of scotland or keep them open?

Ember999

fairmorn308 wrote:

Should i close all 3 accounts i have with bank of scotland or keep them open?

What three accounts do you have with the Bank Of Scotland? What bank are you going to, are the accounts with new bank open yet?

fairmorn308

I cant open the new accounts until another week of so cause i have just sent off my drivers licence 2day to have the address changed as its my old address and needs to be my current address so can use it as ID to open new account.

The bank of scotland its only a basic cash card account and 2 savings account but nothing in all 3 accounts tho but i have been with them for over 10years now.