City Break vs Paying Debt

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Hmmm, a weekend in Prague really appeals to me just now, or Amsterdam, or anywhere really that isn't here.

I've got a long standing debt which I've been paying at a small amount per month and am likely to do so for quite some time yet.... Unless I really get my backside in gear and up the payments, relinquishing a few indulgences in the meantime, ie meals out, the notion of a weekend away, a new winter coat etc - then I could probably have it gone by early next year.

It seems sensible to buck up and get the debt gone, but I barely notice it's there just now cause I'm paying the bare minimum.

Anybody else in this quandry? Any sensible adults who can convince me to do the right thing?

― Rumpy Pumpkin (rumpypumpkin), Tuesday, 5 October 2004 07:25 (twenty-one years ago)

I just bought a new stereo. Sod my small debt.

― Sick Mouthy (Nick Southall), Tuesday, 5 October 2004 07:28 (twenty-one years ago)

Do you feel any guilt?

― Rumpy Pumpkin (rumpypumpkin), Tuesday, 5 October 2004 07:31 (twenty-one years ago)

No. I feel only love, for it is beautiful. Why feel guilty for spending money? For making your life a tiny bit better? For enjoying yourself? Feel guilty for date-raping prom queens and defrauding pensioners, yes, but not for taking a weekend break!

― Sick Mouthy (Nick Southall), Tuesday, 5 October 2004 07:52 (twenty-one years ago)

My mum wouldn't like you.

― Rumpy Pumpkin (rumpypumpkin), Tuesday, 5 October 2004 07:53 (twenty-one years ago)

Rumpy, we're in exactly the same situation. We are opting to try to sort our debts out so that things will (hopefully) be a bit easier in the future. Also, minimum payments mean that you'll never be rid of the debt. On the other hand though, if you need some time away, it can do you a world of good!

― PinXorchiXoR (Pinkpanther), Tuesday, 5 October 2004 07:54 (twenty-one years ago)

Isn't it also the case that if you don't keep up your minimum payments it might affect your ability to get a passport (or, if you've already got one, to leave the country) as creditors do not want debtors fleeing the country without paying their debts, so you'd end up not going anywhere?

I'm not sure whether this is strictly speaking The Law - it isn't, thankfully, a situation I've had to deal with - but I've heard of it happening to other people in this kind of situation.

― Marcello Carlin, Tuesday, 5 October 2004 08:06 (twenty-one years ago)

Rumpy, you deserve a weekend break. You owe it to yourself. You might get hit by a bus in a month, and then you'd die knackered and not owing anybody any money. Always die refreshed and in debt, my mother told me.

― Sick Mouthy (Nick Southall), Tuesday, 5 October 2004 08:12 (twenty-one years ago)

Get rid of the debt, you'll feel loads better, it's probably annoying you more than you think.

― Matt (Matt), Tuesday, 5 October 2004 08:16 (twenty-one years ago)

http://www.fool.co.uk/debt/articles/whyhere.htm and the following pages has some very good advice, from people who've been there. They have a dealing with debt message board too. It's terrible, but it's sometimes good to hear people who are in an even worse state than you! The debt calculator is also very good at showing you exactly how much just paying off the minimum will cost you!

It can be very soul destroying to pile every penny into paying debt off, and it must feel like your whole life is on hold. Rather than blowing out on a weekend abroad though, could you take a couple of days off for a long weekend, but stay at home and have several days out locally, or go and stay with some friends and go sightseeing in their locality, rather than just going to the pub?

You need to give yourself goals, and let's face it, just getting rid of the debt isn't a great one when there are more immediate things grabbing your attention. So pick goals, like a weekend away, but only if you pay off a certain amount by a certain date, and make it a challenge so that you try your hardest to achieve it.

― Vicky (Vicky), Tuesday, 5 October 2004 08:20 (twenty-one years ago)

It is kind of praying on my mind....

It's just this one thing which is hanging over my head like a big black cloud, even though it's not causing me any major problems just now. I'd like to live debt free, but the easy option is just to carry on enjoying myself. Why can't I be grown up about this?

― Rumpy Pumpkin (rumpypumpkin), Tuesday, 5 October 2004 08:21 (twenty-one years ago)

And once you've paid off the debt you'll have loads of extra money every month to save up and have a really fantastic holiday without having to worry about the debt you already have and the debt you've mounted up on the holiday!

― Vicky (Vicky), Tuesday, 5 October 2004 08:22 (twenty-one years ago)

IGNORE THE SENSIBLES!

― Sick Mouthy (Nick Southall), Tuesday, 5 October 2004 08:24 (twenty-one years ago)

Thanks Vicky, you're a tonic. My mum would like you!

― Rumpy Pumpkin (rumpypumpkin), Tuesday, 5 October 2004 08:24 (twenty-one years ago)

THEY'LL BE ENCOURAGING YOU TO BUY A CARDIGAN NEXT!

― Sick Mouthy (Nick Southall), Tuesday, 5 October 2004 08:25 (twenty-one years ago)

A nice warm cardigan... stop giving me ideas!

― Rumpy Pumpkin (rumpypumpkin), Tuesday, 5 October 2004 08:26 (twenty-one years ago)

I went through a period of loving my credit cards, but when I woke up and realised just how much money the companies were creaming off me, I felt sick. If you can get to the point when you've paid the debts off, you have so much more money every month, and you CAN have your cake and eat it, so long as you don't get stupid.

― Vicky (Vicky), Tuesday, 5 October 2004 08:28 (twenty-one years ago)

I have one credit card and that is all. It has about a grand on, I think. It'll have another £100-£200 on it this afternoon, cos I am going shopping in Brizzol.

― Sick Mouthy (Nick Southall), Tuesday, 5 October 2004 08:29 (twenty-one years ago)

I know, it's not like I won't be able to eat while I'm paying things off, I just won't be living like I earn more than I do for a few months.

The sense of relief and achievment will be great as well, after all I've been carrying this around with me for years.

― Rumpy Pumpkin (rumpypumpkin), Tuesday, 5 October 2004 08:30 (twenty-one years ago)

WIMP!

― Sick Mouthy (Nick Southall), Tuesday, 5 October 2004 08:31 (twenty-one years ago)

Vicky OTM.
Nick is a bad man. He wants to see you end up in the WORKHOUSE

― Matt (Matt), Tuesday, 5 October 2004 08:32 (twenty-one years ago)

I shall be buying Nike Air Max and t-shirts this afternoon! And maybe jeans too! And dinner! All on credit!

Actually that's a lie. I'll only be buying the trainers.

― Sick Mouthy (Nick Southall), Tuesday, 5 October 2004 08:32 (twenty-one years ago)

You'll be picking oakum for men with names like Mr Stackdale in no time.

In all honesty RP I had the same decision to make a few months ago. My eminently sensible g/f chided me relentlessly into just buckling down and clearing my various debts, and life is now so wonderfully uncomplicated. So: clear 'em.

― Matt (Matt), Tuesday, 5 October 2004 08:34 (twenty-one years ago)

Vicky is absolutely, totally right in every respect. Nick Southall is wearing devil's horns. I think you are wanting us to tell you you need to be sensible, and to be honest it's the only approach that makes sense.

Can you maybe treat it like a diet, making concerted efforts to watch your spending followed by a treat of some kind, such as the weekend away with friends Vic mentioned?

― Markelby (Mark C), Tuesday, 5 October 2004 08:35 (twenty-one years ago)

Thanks, my resolve is strengthening as we speak.

― Rumpy Pumpkin (rumpypumpkin), Tuesday, 5 October 2004 08:37 (twenty-one years ago)

Vicky is very wise Rumpy! I am so glad that we are committed to paying our debts off, it'll take us a while, but the monthly situation will look a hell of a lot rosier!!
~~although I have just purchased some Nike Vandals from ebay, but they were only £25 so I can justify it!~~

― PinXorchiXoR (Pinkpanther), Tuesday, 5 October 2004 08:37 (twenty-one years ago)

I should point out that I've received money off my parents and a bonus from work this year, and that they went towards clearing debts.

Which I then built up again by buying a digital camera and Denon mini system.

― Sick Mouthy (Nick Southall), Tuesday, 5 October 2004 08:38 (twenty-one years ago)

Bank Of Mum And Dad (it's on tonight, bbc2) sounds like something your mum would like

― koogs (koogs), Tuesday, 5 October 2004 08:59 (twenty-one years ago)

i agree with vicky, it's very good advice.

if i were in your situation, i'd spend some time with the debt calculator, and figure out when you want to have your debt paid off-- does it have to be jan 05, or is march ok for you? then i'd see how much money i've got extra each month, and decide if that's then 'treat money' or if it's going to get shoved at the debt to make it go away even faster. and if it's a treat, you can figure out how far you can go on it.

i'm pretty good at trips on the cheap, and i think they make a big difference to quality of life. find somewhere really cheap and do that (to be fair, you might find that it's cheaper to do a week in spain-- packages from like £80, which is possibly cheaper than a weekend in the UK somewhere)

also, don't forget to factor in some extra money around the holidays into your budget...

― colette (a2lette), Tuesday, 5 October 2004 09:01 (twenty-one years ago)

First rule of holes: when you are in one, stop digging.

― Aimless (Aimless), Tuesday, 5 October 2004 20:56 (twenty-one years ago)

That's not very good advice if you're an archaeologist, though.

― caitlin (caitlin), Tuesday, 5 October 2004 21:10 (twenty-one years ago)

You don't repay debts when it's "ok for you," you repay them when the people who loaned you the money tell you. It's their money and they have a right to expect it to be repaid as per the terms and conditions you agreed to and signed when you took out the loan in the first place. If you can't do that then you negotiate an alternative arrangement with them.

We could really do with a big rise in interest rates at the moment and tighten up the laws on credit criteria, bad debt and bankruptcy - it might teach some of these credit users a lesson, namely that if you want something but can't afford it, then we're very sorry but you can't have it. Come back when you've saved up enough money or worked hard or long enough to earn the money to pay for it.

― Marcello Carlin, Wednesday, 6 October 2004 07:02 (twenty-one years ago)

What a fantastic pov Marcello as always! ffs!

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 07:17 (twenty-one years ago)

I always try to put across a refreshing new angle when it comes to discussing such topics.

― Marcello Carlin, Wednesday, 6 October 2004 07:22 (twenty-one years ago)

The company I am paying the debt back to actually bought the debt from my original credit company for half of what the debt was worth. I am paying almost double. The debt was incurred when I was eighteen and getting all sorts of credit thrown at me. To my mind it was just 'free stuff'. My then boyfriend (older than me) 'helped me' accrue the debt, a lot of things were in our joint names.

We split up, I was left in a desperate situation and had to prioritise to keep a roof over my head, consequently some of the lesser debts were put on the back burner. I managed to finally get things in order - it has taken me the best part of seven years.

I am finally in the position to enjoy my life having clawed my way out of the worst of the damage. The question I am asking, Marcello, does not beg your kind of answer.

But thank you anyway.

― Rumpy Pumpkin (rumpypumpkin), Wednesday, 6 October 2004 07:23 (twenty-one years ago)

Karma struck yesterday - I couldn't find the trainers I wanted in my size.

― Sick Mouthy (Nick Southall), Wednesday, 6 October 2004 07:34 (twenty-one years ago)

I have never bought a pair of trainers in my life.

― Marcello Carlin, Wednesday, 6 October 2004 07:38 (twenty-one years ago)

Well that says it all really!

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 07:41 (twenty-one years ago)

Did you buy something else to compensate?

― Rumpy Pumpkin (rumpypumpkin), Wednesday, 6 October 2004 07:42 (twenty-one years ago)

Nick, I just got some through he post from ebay if that helps?!!!

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 07:47 (twenty-one years ago)

Naughty girl!

― Rumpy Pumpkin (rumpypumpkin), Wednesday, 6 October 2004 07:47 (twenty-one years ago)

Haha! *high fives rumpy*

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 08:01 (twenty-one years ago)

I didn't buy anything else to compensate, I was very very good.

― Sick Mouthy (Nick Southall), Wednesday, 6 October 2004 08:01 (twenty-one years ago)

My mum would be proud of you.

― Rumpy Pumpkin (rumpypumpkin), Wednesday, 6 October 2004 08:09 (twenty-one years ago)

I'm gonna spend a grand on crack-whores this afternoon though.

― Sick Mouthy (Nick Southall), Wednesday, 6 October 2004 08:10 (twenty-one years ago)

No you're not.

I am a sophisticated fellow. Only Rockpool and Oliver Sweeney finely-tooled shoes will do for me. All of which I pay for with Real Money that I've earned!

― Marcello Carlin, Wednesday, 6 October 2004 08:11 (twenty-one years ago)

I had to wear trainers for P.E. at school but otherwise have never indulged.

― Marcello Carlin, Wednesday, 6 October 2004 08:12 (twenty-one years ago)

Why are you on this thread then Marcello? Is it to gloat about how much money you've got to spend or what?

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 08:16 (twenty-one years ago)

Because I don't like the idea of people being applauded for seemingly wanting a free ride through life.

Call me old fashioned. I'm just funny that way.

― Marcello Carlin, Wednesday, 6 October 2004 08:27 (twenty-one years ago)

A free ride, oh yeah I forgot I was getting off scot free! You really don't have a clue.

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 08:32 (twenty-one years ago)

marcello, there are plenty of people giving constructive advice to runmpy on how to keep up the good work she's done getting rid of her debt on this thread who are not applauding people who 'seemingly want a free ride through life'

No one knows more than her just what price she paid for her and her partners actions years ago, but she's taken action, and can see the light at the end and personally I think she deserves applause for getting to where she is now, when so many people let it destroy them.

― Vicky (Vicky), Wednesday, 6 October 2004 08:35 (twenty-one years ago)

Next you'll be saying that people deserve applause for breathing.

The moral being, readers: don't make a mess of your life in the first place.

― Marcello Carlin, Wednesday, 6 October 2004 08:40 (twenty-one years ago)

And you've never made a mistake in your life?

― Vicky (Vicky), Wednesday, 6 October 2004 08:41 (twenty-one years ago)

Many, but none of them financial.

― Marcello Carlin, Wednesday, 6 October 2004 08:44 (twenty-one years ago)

I might buy some more Tom Waits records though.

― Sick Mouthy (Nick Southall), Wednesday, 6 October 2004 08:47 (twenty-one years ago)

Which ones do you already have?

― Marcello Carlin, Wednesday, 6 October 2004 08:48 (twenty-one years ago)

Many, but none of them financial.
Well you see Marcello, I didn't exactly make 'a mistake' but I am in a little bit of debt for one reason & another, but it is the only area of my life that isn't as it should be, the rest is peachy. What about your life?

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 08:51 (twenty-one years ago)

Swordfishtrombones, Rain Dogs, Mule Variations and the new one (the latter two arriving today from Amazon). I've heard The Black Rider several times (we have a copy in the office). He's a very recent discovery for me - I avoided him in the past because Matt from Muse always went on about him.

― Sick Mouthy (Nick Southall), Wednesday, 6 October 2004 08:53 (twenty-one years ago)

This is entirely understandable.

I can't really get a grip on his recent stuff - as with a lot of other acts recently (e.g. Bjork) it sounds like he's making records to please Wire writers. The last of his clanking furnace records I really went for was Bone Machine which you should definitely get - some of his fiercest (but not self-consciously fierce) stuff is on there.

― Marcello Carlin, Wednesday, 6 October 2004 09:02 (twenty-one years ago)

x-post

Most people who make financial mistakes pay a heavy penalty for doing so, and certainly 'learn their lesson' and can pass on their experience as a warning to their friends. I don't understand why you feel that other people's financial mistakes give you the right to act so sanctimoniously. No one here is justifying debt. (apart from Nick!)

― Vicky (Vicky), Wednesday, 6 October 2004 09:04 (twenty-one years ago)

Then they should apologise abjectly and complete their penance instead of talking about going on holidays, shouldn't they?

― Marcello Carlin, Wednesday, 6 October 2004 09:08 (twenty-one years ago)

Why should they apologise? They're creating jobs for the finance industry, they're already paying a high price, and if they do go on holiday they'll pay for that too.

― Vicky (Vicky), Wednesday, 6 October 2004 09:11 (twenty-one years ago)

Then they should apologise abjectly and complete their penance
instead of talking about going on holidays, shouldn't they?
Hahahahahaha! Just a shame your money can't buy you happiness!

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 09:15 (twenty-one years ago)

At least it's my money.

― Marcello Carlin, Wednesday, 6 October 2004 09:22 (twenty-one years ago)

Back to work Carlin (*whipcrack*)

― Marcello's Boss (blueski), Wednesday, 6 October 2004 09:25 (twenty-one years ago)

At least it's my money.
And I'm sure that it'll keep you warm when you are old & lonely!

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 09:28 (twenty-one years ago)

(xpost 1)
I'm the boss, pal. The whip is mine to crack.

(xpost 2)
What do you mean when I'm old & lonely? I AM old & lonely!!

― Marcello Carlin, Wednesday, 6 October 2004 09:40 (twenty-one years ago)

Oh yeah, how could I forget? Well, enjoy!!

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 09:41 (twenty-one years ago)

I missed out bitter, don't forget that one!!

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 09:41 (twenty-one years ago)

Any financial stupidity I might have become embroiled in throughout life always pales in comparison to the sorts of stupidities carried out by people who purport to be 'working' at my bank. I fail to see how some of them can manage basic life skills such as wiping self after evacuation etc.

― suzy (suzy), Wednesday, 6 October 2004 09:43 (twenty-one years ago)

You can miss out bitter if you like. I hardly touch alcohol these days, except for wine with meals.

― Marcello Carlin, Wednesday, 6 October 2004 09:44 (twenty-one years ago)

Oh haha, he's so funny.

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 09:47 (twenty-one years ago)

I am as well!

― Marcello Carlin, Wednesday, 6 October 2004 09:50 (twenty-one years ago)

Thanks for you support guys. I will get there and then hopefully everything in my garden will be rosy.

Everything Marcello.

― Rumpy Pumpkin (rumpypumpkin), Wednesday, 6 October 2004 09:54 (twenty-one years ago)

You're the kind of person that everyone is laughing at with.
x-post
Good for you Rumpy, but we're still going to france right?

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 09:54 (twenty-one years ago)

Oh I get it now, you've planned this together!

Everything in my garden is indeed rosy, but then again everything in my garden is paid for.

― Marcello Carlin, Wednesday, 6 October 2004 09:59 (twenty-one years ago)

i'd love to see Marcello on Cribs

― Senor Embargo (blueski), Wednesday, 6 October 2004 09:59 (twenty-one years ago)

You don't have a mortgage marcello? You are a lucky man

― Vicky (Vicky), Wednesday, 6 October 2004 10:01 (twenty-one years ago)

Oh yeah Pink - smelly cheese abounds.

― Rumpy Pumpkin (rumpypumpkin), Wednesday, 6 October 2004 10:02 (twenty-one years ago)

No I don't have a mortgage. Nor do I plan to take one out until, or if, someone else comes along with whom I can share my life.

Widowed at 37? I wouldn't call that lucky.

― Marcello Carlin, Wednesday, 6 October 2004 10:09 (twenty-one years ago)

No, that wasn't lucky, that was tragic, but that doesn't mean that you will be without luck for the rest of your life, or that for other reasons you can't be described as a lucky man.

― Vicky (Vicky), Wednesday, 6 October 2004 10:11 (twenty-one years ago)

So you own your house outright then?

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 10:12 (twenty-one years ago)

I rent. I don't want to have to own a place where I'll be alone for the rest of my life.

We had savings, which were going to go towards buying a house as well as bringing up kids, etc. But when Laura died I had to use the money (a) to pay for her funeral (and headstone); (b) to pay off all our credit card debts (following which I burned all our credit cards, and since then I have done all my transactions in cash); and (c) to pay for my own relocation costs from Oxford to London.

So three autumns ago I was on the verge of being broke. I am not broke now, and the money I now earn doesn't make me any happier, but life is easier to live with it than it was without it, even if my "life" is only an "existence."

― Marcello Carlin, Wednesday, 6 October 2004 10:18 (twenty-one years ago)

can i just point out that it's slightly hypocritical of you to give shit to pink and rumpy for having debt when you had credit card debt yourself only 3 years ago? and that it took a tragedy for you to change your spending habits?

― colette (a2lette), Wednesday, 6 October 2004 10:20 (twenty-one years ago)

So you did have the credit that you are mocking everyone else for having, fancy that. Oh & I'd rather be paying my mortgage so I own my house than paying rent so that somebody else can own that house.
x-post

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 10:21 (twenty-one years ago)

I didn't say I never had credit. Nor was I obliged to pay off the full amount. I made my mininum payments and could have carried on making them. But I felt that, morally and psychologically, I had to pay everything off in full and draw a line under it.

― Marcello Carlin, Wednesday, 6 October 2004 10:25 (twenty-one years ago)

Well good for you, just don't say other ppl are wrong for having credit when you don't have a clue about their circumstances.

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 10:29 (twenty-one years ago)

Seriously people, why are you bothering with this?

― Matt DC (Matt DC), Wednesday, 6 October 2004 10:35 (twenty-one years ago)

But I felt that, morally and psychologically, I had to pay everything off in full and draw a line under it.

but that only happened when you reached a major crisis point in your life. which, clearly, pink and rumpy aren't in. rumpy has said that she'll be free of debt in around 6 months, which, after carrying and paying it off for 7 years, is admirable. that's why i think she should allow herself small, affordable, treats.

i can understand wanting to give the 'don't carry debt' advice to someone, once you've converted to that lifestyle. it's a good aspiration, and probably more people should try it. but being so condescending to someone that's clearly worked hard to sort out her finanical issues isn't the way to do that at all.

― colette (a2lette), Wednesday, 6 October 2004 10:35 (twenty-one years ago)

Seriously people, why are you bothering with this?
I suppose i object to what he's saying when he is blatantly being a hypocrite & of course, I stupidly imagine that he'll listen. Although, wasn't he supposed to be leaving again?

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 10:45 (twenty-one years ago)

There's no point whatsoever in attempting to argue with Marcello when he's in one of his contrarian-for-the-sake-of-it moods. Especially with regard to pointing out his hypocrisies because he defines his position against the prevailing mood of the thread regardless as to whether or not he truly agrees with it. He probably agrees with you.

― Matt DC (Matt DC), Wednesday, 6 October 2004 10:51 (twenty-one years ago)

I took the city break option, Rumpy- and now I'm regretting it! I enjoyed it, but I don't know if I enjoyed it enough to add to my little debt mountain...

― Simon (flameproof) (Flameproof), Wednesday, 6 October 2004 10:55 (twenty-one years ago)

Cheers Simon, I guess at the end of the day I'd feel more deserving of my break if I paid my debts off first. Then I could enjoy it guilt free and know I'm not coming home to a threatning looking letter!

― Rumpy Pumpkin (rumpypumpkin), Wednesday, 6 October 2004 10:59 (twenty-one years ago)

Well matt, sometimes that's easy to say & not to follow.
Rumpy - that's a great idea. Did you have a look at the website Vicky posted earlier, it's really quite good. We're fortunate enough to not really have that much debt at all, but it's gotta be paid off regardless & it's very helpful!

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 11:04 (twenty-one years ago)

It made me feel better anyway! Ahhh, so I'm not that bad off after all!

― Rumpy Pumpkin (rumpypumpkin), Wednesday, 6 October 2004 11:16 (twenty-one years ago)

Nope! We'll both get there, I'm sure!! :-)

― PinXorchiXoR (Pinkpanther), Wednesday, 6 October 2004 11:26 (twenty-one years ago)

Anyway - the answer is to pay off the debt. Then put the money you would have been spending on repayments into Exciting Holiday Fund.

(This will not work if your debt is very large and your repayments very small, however)

― Matt DC (Matt DC), Wednesday, 6 October 2004 11:33 (twenty-one years ago)

Maybe some sort of physical reminder would be a good idea? I was thinking of stacking something (cans/stones/whatever) in my room and making them signify an ammount of debt (eg 1 pebble = £100) and then removing them from the jar as debt-free-ness approached.

I'm a sucker for visual representation.

― Simon (flameproof) (Flameproof), Wednesday, 6 October 2004 11:49 (twenty-one years ago)

That's a good idea actually!

― Rumpy Pumpkin (rumpypumpkin), Wednesday, 6 October 2004 12:17 (twenty-one years ago)

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