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How To Manage Your Money And Stop Being Broke
5 Cruitial Steps To Transform Your Financial Future
Being £50,000+ in debt, self-employed and watching our finances drop off a cliffs edge when the pandemic first hit, was certainly a severe reality check. Living month to month with no savings in the bank, credit card debt, mortgages and loan repayments coming out of our ears. And no way in which to repay them, was really scary shit!
It was one of those wake-up moments where I got to the point where I said, enough is enough. The constant cycle of debt and living month to month has to stop! There has to be a better way and I am going to do something about this, for us and the future of our family.
During the very start of the pandemic in 2020, in what feels like a lifetime ago and yet only the other day all at the same time. I decided I wanted to learn more about financial stability. We were in a rut after selling up and moving to a new country in 2016, starting a business that was a massive error in judgment and sucked up the majority of our life savings. We had got in deep and we wanted out!
I have to preface this piece by saying I am in no way giving financial advice or pretending to be an expert. I am simply sharing the steps that have felt incredibly empowering after being in a really scary place financially when the pandemic first hit.
