I really do hate cheques, and don't understand why they take three days to clear in this modern age of technology. I banked a cheque on Tuesday (which appeared on my account that night) but don't actually have any access to it until Friday. The cheque is my pay for the last two weeks and I need it to clear on Thursday, as I have two large direct debts going out then. What to do, what to do!
In the pass I would have just used my Flexiloan and transferred monies across till the cheque clear and then transferred the monies back but I didn't think about the extra interest costs I was raking up by doing this. This time I will use my high interest account funds, which means I lose one months interest because of the withdrawal. The lesser of two evils I feel.
I've spent the best part of the last two days trolling through other peoples blogs on personal finance and they all seem to be doing really well. Not many of us single girls at this though I feel and most are American so we don't have the same financial reference points. This is also the problem with most books on dealing with debt, I generally skip the chapters on insurance or retirement, etc. as they are not relevant to someone in the UK. None the less, the slogg is the same and probably just as tedious, and I am sure many of them, like me, want to scream "Enough already!".