What would you do with a spare £5800

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Reply 60

TeeEm

Original post by chikane

Couldnt resist hehee

never said that ....!!!!

Reply 61

username2400835

Original post by john2054

I have that on my credit cards. Or at least i will have a month from today. What should i spend it on? I'm thinking investments? Equity maybe??

Paypal it to me?

jk, depending on what you're into maybe a new gaming setup, a car, clothes, new phone and laptop, whatever you're into

Reply 62

chikane

Original post by TeeEm

never said that ....!!!!

Lol sorry that was naughty of me :colondollar:

Reply 63

TeeEm

Original post by chikane

Lol sorry that was naughty of me :colondollar:

no worries ...

Reply 64

hellodave5

Think I'm genuinely confused by the OP

Reply 65

Charles III

Original post by hellodave5

Think I'm genuinely confused by the OP

Less confused, more concerned. :s-smilie:

Reply 66

john2054

Original post by DMcGovern

Around £50,000. And it's fairly high, because I'm quite paranoid about money, but in a good way.
I'm not going to tell you my credit score, but it's around 700.
Platinum Amex card my friend :biggrin:

Thanks DMc, well bearing in mind that you earn £50k, and i don't earn a penny, I think we have both done quite well. I like to live within my means. But I also like to spend money. I'm afraid that if i had 250 big ones, i would be 250 big ones down, on the missus (she likes to spend my money) with no way of paying it back. Also i wouldn't get an american express card, because lots of machines don't accept them. All of my credit cards are mastercards, and my debit cards are visas.

Money is a state of mind after all, n'est-pas??

Reply 67

GaelicBolshevik

Original post by john2054

Well the Amex card is not really meant for withdrawals, it's mainly for just paying for stuff in store, which is accepted by pretty much all shops now. :tongue:

Reply 68

john2054

Original post by DMcGovern

Well the Amex card is not really meant for withdrawals, it's mainly for just paying for stuff in store, which is accepted by pretty much all shops now. :tongue:

Also my score today with experian is 967, although this will tank when they realise that i have maxed out my cards. It sometimes takes a month to update the reports you know??

Reply 69

john2054

Original post by DMcGovern

Well the Amex card is not really meant for withdrawals, it's mainly for just paying for stuff in store, which is accepted by pretty much all shops now. :tongue:

Reply 70

Anonyi

Original post by Serine Soul

Put the credit card away....

But personally, I'd just buy clothes and shoes etc.

Have a Primark-free wardrobe for once :emo:

Lmfao

Reply 71

GaelicBolshevik

Original post by john2054

I'd be careful if you want to keep it up there! :tongue:

Reply 72

john2054

Original post by DMcGovern

I'd be careful if you want to keep it up there! :tongue:

Like i said DMc, it's going to tank when they realise that i've maxed out my cards. But at least then i will have a goal, to what i can get it back up to, in the future! Plus i am hoping to open a capital one balance plus card in a few months, but I'm not sure that they are going to let me do this. However i have to be careful whatever i do, because everytime you make an application for credit, your score drops by about 40-50 points you know? At least this is what happened to me before!!

Reply 73

Kaneki

Original post by john2054

But at least then i will have a goal, to what i can get it back up to, in the future!

You make maxing your cards out and playing with credit sound like a game...

Reply 74

username1551801

Original post by john2054

A month ago i brought two thousand worth of gold with my spare money. And last week i cashed in two thirds of this to spend £600 on giving my wife a cash advance on her wage.

I would quite like to get another tattoo, but the next big thing i want to splash out on is a nights clubbing with a few close friends, which i intend to buy after i graduate.

Oh yes and i also need to get a haircut, as someone else on here said!
PS I normally spend between two and five hundred on drinks when i go out, depending on who i go out with!

You're the reason credit cards have a bad stigma.
I use mine for everything, and I have never been unable to pay it back at the end of each month. Why? Because I actually manage my money, and not think of it as free money. You are simply borrowing it for a over a month. Then you pay it back.

Reply 75

john2054

Original post by Jared44

why am i giving them a bad name? And why should i have to pay them off in full each month?

Reply 76

Charles III

this thread makes my brain aCHE so much

Reply 77

john2054

Original post by Kaneki

You make maxing your cards out and playing with credit sound like a game...

https://www.youtube.com/watch?v=58HWVv-r6r8

Reply 78

Georg Hegel

I'd either pay use it to pay for:

(a) Rent and move to London for a few months whilst I did work experience at publishers and various media companies to help bolster up my CV when I come to apply for full-time jobs in a career I (think) I'd enjoy.
or
(b) Towards a second postgraduate degree.

I wouldn't spend it unless I actually had it though, that's just cause I'd get worried about paying it back.

(edited 8 years ago)

Reply 79

username1551801

Original post by john2054

why am i giving them a bad name? And why should i have to pay them off in full each month?

Because you owe them money. And unless you want unnecessary interest from not knowing how to manage money, I suggest you pay them back during the allocated time frame.