Slippery Slope

The snowball effect works both ways I guess. Only thing is it's easier to fall straight back into the mess from whence you came.
My absence is due to several factors, and it's not good news. The car, £300, I'd budgeted for that. Took it on the chin.

The one situation that I knew at the back of my mind was going to happen but wasn't prepared for was the death of my PC. At nearly 5 years old it was behaving erratically. Last week no power, nothing. I had no real hands on idea what to do. I don't know how to fix it.

Do I need one ? Yes, it's a means to an end, I don't have to justify it because it will justifiy itself. So I bought a new one. I'm not over the moon about it because I'm sadly the owner of an overdraft again, after all my parading about not venturing that side of the zero balance, and I did it. I can't shake my marbles off without this form of communication. This has really put the cat amongst the pigeons, only minimum payments this month on all cards, put my extra income plans back a week. The silliest thing is I didn't back up important documents from the old PC because it's never going to happen to me right ?

Cross with myself, but taking it as another learning curve.

I have a lot of catching up to do on the PF blog front. Hoping you've all had a better two weeks than me.

Looping

My bank that holds my current account, NatWest kindly (!) took on my Cahoot flexible loan, with that loan I included my small but always in use overdraft. Two things to note here. I've been with this bank since 1985, and only broken my overdraft limit once some three years ago, rest of the time I have lived well within it or precariously on the edge within pennies ! So decided to get rid of the facility because if it's there I'll use it.

Now bearing in mind I have had a loan with them before and at that time they suggested I keep an overdraft of £100 in play as there's no charge. Within 6 months of that loan decision they upped my overdraft to £600, without me asking, of course I had my financial beer goggles on and used it unwisely.

So returning to this overdraft and loan I checked my online banking this week and my overdraft facility of £1000 is still there. I know what they are doing, they've got me on an ever repeating loop. Give her a loan to pay off the Cahoot debacle and overdraft, forget to remove the overdraft, and in a couple of years time play the game again ! I'm their guaranteed income !

Not this time. I'm going to live on the right side of the account.