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pay off overdraft or save first?
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just had a look at the online banking statement and the interest amount paid out at the start of this month was £8.99DFW Total £21,800 to clear by Dec 2022
MFW Total £184,950 £179,066 to clear by 20350 -
So that £700 debt is costing you over £100 a year
Let's say you put the £700 pounds in Kaupthing Edge savings account at 6.5%. That will earn you around £40 (don't know tax facts so that's an estimate).
So pay off the overdraft!Do Something Amazing - Give Blood0
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