Id work on geting my credit score up to, vanquis tends to be for poor credit, had one about 10 years ago when my credit rating sat at 262, now its at 860 took some effort! Xx
Was it not £50 per week ( the. Bf contribution). My view get the debt done as otherwise risks growing. Short term pain for long term gain. Cut up the credit card after - it’s the worst one as Ira says. £8k for a carpet sound steep, worth shopping around. Hope this helps best of luck x
This is gonna sound so awful of me but is it ok for UC recipients to save an emergency fund in cash? If it’s not in a bank would the govt know? At least just enough so the person won’t have to go back into debt in case something were to happen god forbid
You can but be careful about keeping a lot of cash in the house. Because of theft or God forbid Fire . As long as under £6000 you can have it in the bank. Over £6000 if it affects your benefits.
6k is quite a lot for carpets. I would go into some of the smaller carpet conpanies and ralk to them about roll ends and off cuts. If you have a small room you can save quite a lot. If you are only doing a box room I would also think about a large rug with underlay underneath. You may be able to pick this up cheap from places like facebook market place.
The electric isn’t that high if she isn’t working and there is often 4 of them in the house. I pay £80 a month for just me in a one bed flat. She wants to save for carpets and emergncy fund up to £6000. That’s amount before Uc starting deductions for savings.
🧡 I'd be contacting the bank for an interest holiday from the overdraft, they do it for 3 months, so at least what you pay on the OD is actually coming off it . Id be interested in seeing the real time scale of paying these debts off, as theyre such high interest that whats set out here isnt actually coming off that total. X
❤ i think you did it right and your right i am on disability and i am allowed 1500.00 in assets ... I started a car fund so i cant have a emergency fund in the bank :P
Uc doesn't help with gas or electric. But if you get a smart meter it can work out cheaper. I agree that is a lot to pay for gas and electric does the person owe money from emergency plus none payments with their account/ company
Good Budget Bestie. I agree with a lot that you outlined, but I personally would want some kind of Emergency Fund, even if it wasn't a whole lot. I have questions about the carpet--can that be delayed while saving a little money for emergencies? Getting rid of the card debt is definitely a top priority, and as was mentioned, get rid of the cards!🧡🧡
If the boyfriend's living with them regularly he should be contributing more than 50 per month, esp with the amount of debt she's carrying . There are some unknowns that could change some things.
This one has me a bit lost have to say why if there renting are they paying to fit a carpet and why would you pay 8k on a downstairs carpet what the death of studio 😮
See my emergency fund would be 9k (9k challenge? Gonna work well for that) but if in an emergency my mum would stop charging me board and lodgings so I’d be saving an extra £500 a month so it’d really only be £4.5k (my yellow 4.5k envelopes is really going to help with that iykyk 😂) I think I’d aim for the 9k though. Because aiming higher is always good for situations like that, however I’ve got a spending problem. If it’s in my account, it’s spendable. It’s harder to personally spend anything in cash, so saving like that is have to keep it in £50 notes at least for a while. Another great budget bestie, I’d get those cards gone asap then I would burn the actual card after it’s paid off and be like “see ya satan” 😂😂 🧡
love this this is mine thanks babe
omggg ira this is why i fucking love you im sooo gonna do this
@@emmagould154You have got this!
Id work on geting my credit score up to, vanquis tends to be for poor credit, had one about 10 years ago when my credit rating sat at 262, now its at 860 took some effort! Xx
I was hoping for a new budget bestie. Watched the whole playlist, love seeing other people's budget and your ideas for them
Was it not £50 per week ( the. Bf contribution). My view get the debt done as otherwise risks growing. Short term pain for long term gain. Cut up the credit card after - it’s the worst one as Ira says. £8k for a carpet sound steep, worth shopping around. Hope this helps best of luck x
Thanks lovely I appreciate the input
This is gonna sound so awful of me but is it ok for UC recipients to save an emergency fund in cash? If it’s not in a bank would the govt know? At least just enough so the person won’t have to go back into debt in case something were to happen god forbid
You can but be careful about keeping a lot of cash in the house. Because of theft or God forbid Fire . As long as under £6000 you can have it in the bank. Over £6000 if it affects your benefits.
🧡 Love these budget besties! I must put mine in!
6k is quite a lot for carpets. I would go into some of the smaller carpet conpanies and ralk to them about roll ends and off cuts. If you have a small room you can save quite a lot. If you are only doing a box room I would also think about a large rug with underlay underneath. You may be able to pick this up cheap from places like facebook market place.
Carpet would be a couple hundred but 6 k for future thanks
Oh we do love a budget bestie - just watched the some of the playlist 🧡🧡
The electric isn’t that high if she isn’t working and there is often 4 of them in the house. I pay £80 a month for just me in a one bed flat. She wants to save for carpets and emergncy fund up to £6000. That’s amount before Uc starting deductions for savings.
🧡 I'd be contacting the bank for an interest holiday from the overdraft, they do it for 3 months, so at least what you pay on the OD is actually coming off it .
Id be interested in seeing the real time scale of paying these debts off, as theyre such high interest that whats set out here isnt actually coming off that total. X
Happy to update u cannytally in few months
@@emmagould154 would love to follow your journey x
@@thecannytally do u have a discord
@@emmagould154 no, just Instagram
Great video
❤ i think you did it right and your right i am on disability and i am allowed 1500.00 in assets ... I started a car fund so i cant have a emergency fund in the bank :P
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Overdaft 🤣
Uc doesn't help with gas or electric. But if you get a smart meter it can work out cheaper.
I agree that is a lot to pay for gas and electric does the person owe money from emergency plus none payments with their account/ company
No I use alot of gas due to being anemic I'm in a 3 bed big house x ultiltaenergy pay as u go smart meter
Good Budget Bestie. I agree with a lot that you outlined, but I personally would want some kind of Emergency Fund, even if it wasn't a whole lot. I have questions about the carpet--can that be delayed while saving a little money for emergencies? Getting rid of the card debt is definitely a top priority, and as was mentioned, get rid of the cards!🧡🧡
❤ good evening how are you doing today ❤
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If the boyfriend's living with them regularly he should be contributing more than 50 per month, esp with the amount of debt she's carrying .
There are some unknowns that could change some things.
This one has me a bit lost have to say why if there renting are they paying to fit a carpet and why would you pay 8k on a downstairs carpet what the death of studio 😮
It was saving for a carpet of a few hundred and 6k for the future my budget thanks
Great budget bestie. I still love this series. I would definitely get rid of the high interest debt and get rid of that credit card. 🧡🧡
See my emergency fund would be 9k (9k challenge? Gonna work well for that) but if in an emergency my mum would stop charging me board and lodgings so I’d be saving an extra £500 a month so it’d really only be £4.5k (my yellow 4.5k envelopes is really going to help with that iykyk 😂)
I think I’d aim for the 9k though. Because aiming higher is always good for situations like that, however I’ve got a spending problem. If it’s in my account, it’s spendable. It’s harder to personally spend anything in cash, so saving like that is have to keep it in £50 notes at least for a while.
Another great budget bestie, I’d get those cards gone asap then I would burn the actual card after it’s paid off and be like “see ya satan” 😂😂
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Tina u don't fail to make me laugh might have to do that
@@emmagould154 what the IYKYK bit? 😂 I make myself laugh sometimes haha
The burn satatn
@@emmagould154 forgot I wrote that 😂😂😂
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