Asking yourself the question ‘How do I get out of debt?’ can feel akin to walking on a tightrope, blindfolded, while balancing a piano on your back… seemingly impossible.
It’s a feeling many of us might recognise, as research from the Young Women’s Trust shows over a third of females aged 18 to 30 are in debt, with 40% of us struggling to make our money last until payday. You can get support and advice from your bank but help can also be found from those who have been there and (not) bought the T-shirt.
Clare Seal, the woman behind Instagram account @myfrugalyear, has become an inadvertent financial guru after finding herself £27,000 in debt. Here’s her debt advice for making the first moves.
Analyse your spending habits
Budgets aren’t all about deprivation and saying no. “Now, I see them as