Was any of your goals for this year to pay off all your outstanding debts ?
While most of us tend to have a lot of enthusiasm at the beginning to tackle this problem, many of us are less and less motivated throughout the year and have the impression to have hit a wall. If you feel exhausted and there is more money to repay, you are in the right place!
In this article, we will explain other ways to make money and free you from your debt.
Use Codes and Vouchers
Did you know that you can save a lot of money by using codes and offers?
Look for this information in newspapers, magazines, online and at home because this extra money saved can go directly to paying off your debt. Just make sure the codes / coupons save you money and do not spend too much money on items you will never use.
Buy second hand
This is particularly interesting advice for those of you who have young children and are trying to get out of debt. Children undress so quickly that it is not worth spending a fortune and going into debt to keep a toddler's wardrobe.
However, there are now many interesting places where you can buy second-hand clothes for a fraction of the price and you can also do it easily online with sites such as eBay or an application such as Depop.
Get rid of your television
If you really think about it, can you watch most of your favorite shows online? If the answer is yes, then why not cut the cables and save a ton of money every month on your TV bill?
You will soon find that paying this extra money on your debt will reduce it extremely quickly.
Everyone likes to go out to eat or catch a fast food for convenience. However, this can have a significant effect on your portfolio. That's why it's important that you try to make the majority of your home cooking .
So, next time your friends suggest going to the restaurant, why not invite them home for dinner and enjoy a cheap night's sleep?
Ditch the Coffee
If you look at your bank account every month and wonder where exactly all your money has been used, because you can not say anything about it, we probably know the answer!
A visit to the cafe can cost you a small fortune, a sum of money that could quickly help you repay your debts. A less expensive alternative is simply to prepare your own coffee at home and take it with you.
You will also help the environment by using a reusable cup. It's a win-win situation!
Get rid of your car
Do you spend hundreds of pounds each month on your car? Between gasoline, motorcycle, automobile tax and paid insurance, cars are extremely expensive. By getting rid of yours and taking public transportation for a while, you can significantly reduce your debt.
You can sell your car or see if you could scrap your car to get an instant pay check. You can find a variety of services that will come directly to you, this avoids any additional expense.
Cancel your gym membership
If you still have a lot of debt to pay, we strongly advise you to drop the gym at the moment and put that money down to reduce your debts.
Do not forget that exercise should not be expensive because you can still get your daily exercise for free by going for a run outside or doing a video of cardio or yoga on Youtube.
As it is said, the waste of one man is the treasure of another man. So if you have things hanging around at home that you no longer want, which you no longer need, why not sell them online and make money easy?
This is a win-win situation because it means you can make money by decluttering your house .
Start a secondary business or take a second job
It is much easier to start a parallel activity than you think and if you have a hand for something, it can be an easy way to make a lot of money. If you are good and you make something, you can sell it online, if you are good with a camera, why not charge for photo shoots, or if you are an animal lover, you can get started in the walk or the guard of a pet.
You could also look for a part-time job. It may mean a bit of pride, but it's not forever and those extra hours of bar work or pizza delivery will quickly add up to pay off your debt.