Ok, so my big plan was to pay vendors off way before the wedding not to worry about it, and putting the money in the bank means it's there for me to spend . . . .
How are you girls planning to do this?
Get as much out of the way early or stockpile and pay when due?
Summertimegal424
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Re: Paying Off Early
we are paying for things as we go along...but not paying vendors until they are due.
dazies1011
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Re: Paying Off Early
I am waiting til we have to pay. Im collecting as much interest as I can with my CDs and savings!!! Plus I am a worrier and god for bid something happens and you have to change the date or something I dont want to lose out on money!!! JMO
lanamanitta
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Re: Paying Off Early
Posted by dazies1011
I am waiting til we have to pay. Im collecting as much interest as I can with my CDs and savings!!! Plus I am a worrier and god for bid something happens and you have to change the date or something I dont want to lose out on money!!! JMO
True! Never thought of that! I think I might 'mix and match' -- paying the 'little things' off early like chair bows, OWG (pic spot), etc., but leaving the big stuff for when it's due.
Future Mrs Roo
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Re: Paying Off Early
Im going to pay as we go along.
Kristina2009
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Re: Paying Off Early
I am leaving everything for when due. I rather earn the interest and be out the least amount possible if something were to happen (remember, they could always go out of business, etc - it's not just about a wedding being called off). However, I am not the type of person who spends everything in an account. I have always been very measured. I just keep a spreadsheet list of what we have spent (i.e., contracted for) and what our despoits were - that way I can automatically see what we owe in the end and keep that in mind.
CNC4eva3402
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Re: Paying Off Early
We're paying as we go...I'd like to open like an ING account and try to make some interest but I haven't had time to really look into it and those things confuse me!
lilmartha59
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Re: Paying Off Early
Posted by CNC4eva3402
We're paying as we go...I'd like to open like an ING account and try to make some interest but I haven't had time to really look into it and those things confuse me!
we did HSBC its not that great but its better then my regular bank account and its pretty simple so thats what im doing
Firkx3
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Re: Paying Off Early
We're saving as much as we can each month and then just paying as things become due. Even if it's low, it's better for us to gain the interest
egem523
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Re: Paying Off Early
Posted by Kristina2009
I am leaving everything for when due. I rather earn the interest and be out the least amount possible if something were to happen (remember, they could always go out of business, etc - it's not just about a wedding being called off). However, I am not the type of person who spends everything in an account. I have always been very measured. I just keep a spreadsheet list of what we have spent (i.e., contracted for) and what our despoits were - that way I can automatically see what we owe in the end and keep that in mind.
agree 100% I am doing the same thing.
JnA823
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Re: Paying Off Early
We are paying as the due date come alongs.
FuTuRe MrS MaZz
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waiting to pay b/c im getting interest off of keeping the money.... why should the vendors make YOUR interest...
FuTuRe MrS MaZz
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Re: Paying Off Early
Posted by lilmartha59
Posted by CNC4eva3402
We're paying as we go...I'd like to open like an ING account and try to make some interest but I haven't had time to really look into it and those things confuse me!
we did HSBC its not that great but its better then my regular bank account and its pretty simple so thats what im doing
the rates keep plummeting and its quite annoying! when i opened my savings there i was getting 5.05%... now its barely 3
dazies1011
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Re: Paying Off Early
Posted by FuTuRe MrS MaZz
Posted by lilmartha59
Posted by CNC4eva3402
We're paying as we go...I'd like to open like an ING account and try to make some interest but I haven't had time to really look into it and those things confuse me!
we did HSBC its not that great but its better then my regular bank account and its pretty simple so thats what im doing
the rates keep plummeting and its quite annoying! when i opened my savings there i was getting 5.05%... now its barely 3
I was going to HSCB but, got a higher rate on a cd
FuTuRe MrS MaZz
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Re: Paying Off Early
Posted by dazies1011
Posted by FuTuRe MrS MaZz
Posted by lilmartha59
Posted by CNC4eva3402
We're paying as we go...I'd like to open like an ING account and try to make some interest but I haven't had time to really look into it and those things confuse me!
we did HSBC its not that great but its better then my regular bank account and its pretty simple so thats what im doing
the rates keep plummeting and its quite annoying! when i opened my savings there i was getting 5.05%... now its barely 3
I was going to HSCB but, got a higher rate on a cd
which cd??? because i have a 10 day window right now to take my money out but havent found a better rate
lanamanitta
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Re: Paying Off Early
That's what I was thinking re: interest . . . .it's so low right now, perhaps my dollars will be more useful to me next year when gas is $5.00 a gallon!!!
Then again, I'm not doing that great a job of saving, not because I'm irresponsible, but because I opened my own firm on Monday and that means at least one month, if not two, of NO income until billables come in . . . after we meet the expenses . . . . I'm starting to worry.
The 'opening my own firm' thing was not planned for before the wedding, it just happened that way. I'm freaking out.
