Money

[andrewducker]

Now that Erin has her new job we should have a stable income for a while. This means that I can finally get a loan out, stick all of our credit card debt and the fitting of the new bathroom on it and pay it off on a regular basis.

Up to this point I've been keeping the debt on the credit card, as that way I could pay it off a bit at a time, or increase the debt again, depending on how our income was doing that month.

So, that's all of my debts (apart from the Student Loan) on to on £150 a month bill, that will take a few years to pay off. But I can now forget about them and just not use the credit card (well, to be honest, I plan to use it, but pay it off each month, and only use it for things that Switch doesn't work with, like American websites).

Money's been a fairly constant worry for me for the last couple of years - with Erin getting a full time job (and one she likes, thank goodness) we should be able to live reasonably stress free.

Now, if I can just get the flat shifted over to Saint, that'll all of my actual problems sorted out...

Comments

[guyinahat.livejournal.com]

Perhaps get a second credit card with a low limit that empowers you to leave the big one at home? The alarm bells for over spending will come at a much safer level. I've had the problem of creeping debt on my card because the limit is soooooo high, almost anything bought on it seems inconsequential by comparison. I know I was fooling myself, but you do, don't you....
Well I do anyway.

[andrewducker]

I do too. Hence the £3000 on the card.....

Still, the £5000 loan will cover that, the bathroom (about £500) and my overdraft (another £1100). and I'm determined not to go into debt from one month to the next any more.

[allorin.livejournal.com]

Or, get a second credit card with 0% on balance transfers till January (a few different one's doing that deal just now), transfer the balance of your credit card to that (+ bathroom, if poss.), and stick the money from the loan in the bank and earn some of the interest back. You have to pay the same loan amount off each month regardless, so why not make the money work a little for you?

[rainstorm.livejournal.com]

paypal accepts switch, a lot of american websites accept paypal..?

although, true, not all.