i have just 2 to 3 weeks to wait and i will be getting paid out for all the long hours of work which is enough to clear every single bit of bank debt overdrafts and credit cards and have some money to invest...which will in turn give me the leverage to negotiate with the new bank i decide to move to...i will set my wife on them she knows how to negotiate good deals.
The next step is my vehicle which i plan on getting rid of and investing in a vehicle which i can pay cash for. i have 2 vehicles one which i paid cash for and the other is on hp...i plan on selling both and what ever i am left with will invest in another one for cash.
i am looking at saving thousands of rands in monthly fees interest etc in the near future.
a couple of years ago i was debt free...i paid cash for everything i just had a few clothing accounts and a savings account with the bank which i managed so well that i was offered thousands of rands in overdrafts vehicle finance i had an excellant credit rating i ddint even give surety for anything and so the credit started...it has just gone done hill from there...(the bank would be pretty sr*wed if i decided to defaut on them...they dont have one cent of surety on any of my accounts or vehicle finance)
i see it happening tooo often people are given credit and the bank increases it and increases it until the interest gets so high that it begins to strangle them until they go broke and loose everything.
the bottom line is if you dont have it dont spend it...credit just makes things worse...because then you have the interest and fees to repay...eventually it catches up with you.
there are people out there who can manage money but i think most suckers are like me they give me more i spend more...lucky for me this contract came up so i have just put my head down and work my butt off...i have worked every weekend and every night since it started 7 weeks ago.
by the way i went onto hello peter to see which bank to move to...standard bank has the same reply to every single complaint and boy there are lots of them....
"This matter will be investigated and we will provide you with feedback shortly.
Kind regards
Rumaine Barlow
Standard Bank
Complaint Resolution Centre
Tel: 0860 101 101"
i wonder if they do ever get back to anyone....the only compliment are those from people going into the bank to open account etc...almost like they lure you in by offering you a nice friendly atmosphere then once they have you "sucker" try get away now...then you just pay.
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