Boom & Bust Banking - Part II

I wrote earlier about my banking boom (paying off my massive loan) and now I’m going to write about my bust.

Not the one that I religiously treat to Clarins gel each morning, although I have to admit that stuff works brilliantly…

No, I'm talking about a letter from our bank saying they were going to charge us £1 for every day that we used our arranged overdraft. As most of our direct debits are out within a few days of us being paid, we generally use our overdraft facility quite quickly and had worked out that the new scheme could cost us around £25 a month.

That's £25 too much, but a quick call to the bank told me I could eliminate the overdraft cost by switching to another account. That sounded like a much better plan, until they told me that I’d have to pay £12.50 a month for the privilege.

So, after nearly two decades, we are waving a fond farewell to the Bank of Scotland and phasing out our accounts over the next couple of months; as are most of my friends and colleagues who use the same bank.

£1 a day might not seem like a big deal, but in the current climate, it’s a pound that would be much happier placed in my pocket.

You Don't Look A Day Older...

I've come to the conclusion that if you don't officially celebrate your birthday, then you don't officially have to add another year on to your age.

Having missed my own 40th last year through ill health and having a very low key birthday this year through Kevin's ill health, I've decided to regress a little and it feels great!

And I can't be the only one doing it. By my calculations, Caprice was 33 for at least five years.

So Happy Birthday to me! Thirty nine again... and again... and again.

Boom & Bust Banking - Part I

I’ve been so preoccupied with playing nurse over the last few days, that a date I’d been waiting to celebrate for the last five years went by almost un-noticed.

That date was the 6th November and it marked the last installment of a hefty loan I had taken out to consolidate my credit card debts - and then like the true idiot I am, ran them all back up to their limit again.

In all honesty, I don’t know what I was expecting when that final payment was made.

A card from the bank congratulating me on my flawless repayment record?

A balloon in a box bearing the message “Well Done Debtor”?

A fly past from the Red Arrows?

None of those things happened, but I did give myself a little pat on the back and put the past five years of paying over £350 a month to that loan down as a lesson learned.

A very long and expensive lesson...

Me & Miss Jones

It’s been a busy week here at the House of Hall, with a poorly patient to look after (I’m delighted to report that he’s getting a little better and a little cheekier each day) and all of his visitors to keep fed and watered.

In between episodes of tea and sympathy, I’ve been going back to my old habit of logging on and reading the newspapers online.

Initially, I did it to stop spending money on magazines and papers that would lie unread for months before being tipped into the recycle bin, then I realised that as well as saving a small fortune, I was also saving a small forest by not wasting all that paper.

Anyway, last week, whilst having a browse through the Daily Mail, I saw that another shopaholic has held up her Gucci gloved hands and confessed to having fallen foul of debt.

Despite being the highest paid columnist in the UK - how, I wish I had her job - Liz Jones has admitted to around 150 thousand pounds worth of debt.

Liz Jones

Interestingly enough, she has adopted exactly the same technique I did before my shopping ban, which was to completely bury my head in the sand, ignore any mail that might be a bill, and refuse to add it all up and face the awful truth.

As I’m sure hundreds of other debt-busting bloggers will agree, the only way to tackle this is head on.

So, welcome to our world Liz and here is a little advice...

Hang on to the things you truly love, work out how you can survive without all the rest, then draw up an action plan to get your finances back on track and stick to it!

It’s the only way and it’ll be a rough ride without your retail therapy to see you through, but at the end, you might just become a better person for it.

African Queen

I mentioned a couple of weeks ago that Mother was heading off on the trip of a lifetime and that we’d bought her a journal to record every marvellous moment, but I hadn’t mentioned where she was going.

At the age of sixty six, she has decided to set off on a true African Adventure and flew out to the Gambia this morning.

She’ll be there for the next five weeks helping with the work of the Gambian Schools Trust.

She has assured me that she’ll do her best not to get eaten by a lion, but I think the most hair-raising part of her entire trip will have been her flight out of the UK this morning in some of the worst storms of the year.

While I can’t wait to see her pictures, I have the feeling that I may be the tiniest bit jealous of all that lovely sunshine.