In many aspects of modern life, we live in an age of oversharing. We share every crevice of our day on social media. We dissect our private lives in WhatsApp groups. We’ve even become accustomed to watching people having sex on TV. But with so many previous taboos now up for discussion, why is money…
Viewing category: Debt Free Journey
Budget Planning: How to Use the 80/20 Rule
Budget planning can be overwhelming on top of side hustling, debt repayments and financial growth as a means to get out of debt. I think most of us know this feeling. But have you ever heard of the 80/20 rule? Also known as the Pareto Principle, this is a theory that, when it comes to…
Before You Impulse Buy… Read This
Impulse buying is a surefire way to ruin your budget and remain broke, no matter how much you earn. And we can all succumb to it from time to time. That trip to the supermarket for milk where you ended up spending £25? Impulse buys. Adding clothes to your online basket when you were just…
When Social Media is Bad for Your Bank Account…
We use social media every day, but have we ever considered the affect that it has on our bank account and debt? In the past, social media had a huge impact on my spending habits, and I believe that it was one of the main reasons that I ended up with £16k of personal debt….
Five Bad Money Habits… and How to Fix Them
I’m a Dave Ramsey UK based follower, I’ve learned from the big guy since I started paying off debt. Pre-debt payoff, I had a lot of bad money habits. Once I changed my behaviour, managing my money became a lot easier. As a Dave Ramsey UK enthusiast, I get a lot of value from his guidance…
How To Stick To Your Budget
Sticking to a budget is the hardest thing we’ve had to do in paying off our £16k debt. Most people know how to draw up a budget (but if you don’t, here’s my guide), which is the easy part; figuring out how much your bills are and how much you think you’ll spend is more…
DebtFree Wannabe To Debt Free
DebtFree Wannabe To Debt Free: How We Paid off £16k in a Year Debtfree wannabe no more! Yesterday we made our final debt payment and joined the debt free club, two days before target. We paid off £16k in one year. In the beginning, I struggled to find any resources that I could relate to….
DM of the Week: How Do I Stay Motivated?
We have officially passed the halfway mark of 2018 and it’s a great point to stop, re-visit your goals from the beginning of the year, and take stock of where you currently stand. Are you on target to finish strong, or did you lose motivation months ago? Our debt free journey lasted a full year…
How to Renovate Your Home Without Getting Into Unexpected Debt
Behind the cost of our home itself, home renovation costs have been our biggest purchase of the past decade. We have spent £25,000 renovating our home since we moved in, which has added an average of around £8.5k to our annual expenses since moving in. Home ownership doesn’t come cheap. We bought a fixer-upper with…
Join the Debt Free Community and Pay Off Debt
Update: I’m now debt free! To read my story and how being the debt free community helped me, click here. My partner and I decided to get out of debt when he was put at risk of redundancy in his job. It made me realise we had over £400 per month of minimum debt repayments;…