S
superdave
Guest
I currently owe 1600gbp to the bank and 2500gbp to my brother but am working (earning) in dublin part time (i'm a trainee barrister full time so i earn nothing from that) and still earning about e100 a week more than i'm spending (plus I have about e1200 in the bank down here)
my question is simple:
my overdraft with the bank in the north is an interest free graduate account
i can get an interest free graduate account overdraft here for a total of e1500
should i take that, max it out (that is pay out e2700 ~ 2100gbp), and reduce sterling debt asap, and convert as much debt as possible to euro debt, or should i leave the debt as sterling debt?
to put it another way, what is your prediction for the movement of the euro sterling exchange rate over the next year?
will euro - strengthen? (i hold off)
weaken? (i move now)
stay the same? (it doesn't matter)
my question is simple:
my overdraft with the bank in the north is an interest free graduate account
i can get an interest free graduate account overdraft here for a total of e1500
should i take that, max it out (that is pay out e2700 ~ 2100gbp), and reduce sterling debt asap, and convert as much debt as possible to euro debt, or should i leave the debt as sterling debt?
to put it another way, what is your prediction for the movement of the euro sterling exchange rate over the next year?
will euro - strengthen? (i hold off)
weaken? (i move now)
stay the same? (it doesn't matter)