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01

DESTROY
YOUR
DEBT

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ALL THE FREE RESOURCES YOU
NEED TO BANISH YOUR DEBT DEMONS

Banish those debt demons for good

Being debt-free feels amazing: it reduces stress, your less likely to argue with a partner and best of all, there are no more ‘debt demons’. You know, those dark shadows at the back of your mind you keep trying to forget. But getting there can be hard work. Simple, but hard.

We understand first-hand how difficult it can be: the personal stress, the toll it can take on a relationship and the constant feeling that things just aren’t right.

“Household debt in UK worse than any time on record” The Guardian – July 2018

We’ve spent years researching the methods, techniques and literature out there on the quickest, most efficient ways of repaying debt. You can also rest assured that we’ve been there, got the t-shirt and learnt the lessons the hard way.

That wealth of knowledge and experience has been distilled into easy, simple and useful articles. And you can find it all here. For free.

“I cleared £30,000 of consumer debt in three years.”

Hi, my name’s Mike. In my mid-twenties, I got myself in some pretty serious consumer debt. It stressed me out but I used to try and ignore it. As a result, it mushroomed out of control until. It followed me for years, limiting opportunities and actually costing me more money indirectly.

I finally decided to take control. With a combination of organisation, learning and adopting the right mindset, I got rid of that noose around my neck within three years.

Today. I have greater financial stability, freedom and opportunity than I’ve ever had.

I’m so grateful, and it’s time to give back. Which is why everything I’ve learnt is here within these modules, for free, so you too can destroy your debt demons,

“3 Million Britons struggle to pay bills – 25% admit finances are out of control” – The Express, December 2018

When will you take action?

I would often ask myself that very question. The reality is, that the very best time to take action is NOW. I know, it can be scary and daunting. Or perhaps you’re at your wits end and there already.

The good news is that the journey to becoming liberated from debt, can feel as equally amazing and empowering as the destination itself.

Yes, those initial stresses and shadows may still be there, but you get a huge amount of positive rewards from simply taking ACTION. By seeing the progress and knowing in your heart of heart it’s the right thing to do, you’ve finally taken the decision to take control of your debt.

The feeling of being debt-free starts way before actually being out of debt. It starts from that moment you commit wholeheartedly to taking control. And we’ll be with you every step of the way.

Your FREE programme to destroying your debt FAST

When we first started Eat Sleep Money, one of our primary missions was to help people get out of the trap any way we can, for free and as fast as possible.

The first three sessions of this programme are designed to lay the foundation and get you going. From there, you can then dive into the more advanced tips and strategies in the separate posts to really turbocharge your journey.

Simply grab your favourite brew and follow the modules below.

START HERE!

Session One - "It's gonna be OK"

4 Money Mindset steps to destroying your debt

Young man reaching out to help

Progress

Destroying Debt
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Progress

Destroying Debt

Session Three - "Let's go!"

What’s the quickest way to get out of debt?

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Progress

Destroying Debt

Do you need extra help with debt?

According to the Financial Times, there are more than eight million people in the UK struggling with some degree of problem debt.

Problem debt is usually a private battle and most people don’t seek help. By the time they do, it’s way too late and much of the damage has been done.

A debt crisis is often defined as when your debt is larger than your annual income after tax (i.e. your monthly take-home income that arrives in your bank account times twelve).

If you are in this situation or if you are struggling to keep up the minimum payments, then there is one golden rule: seek help as quickly as possible.

The quicker you act, the better the situation can be.

Below is a list of some providers who can help. These are professional organisations that are experts and hold no judgement.

Step Change Debt Charity

  • https://www.stepchange.org/
  • A charity set up to help with debt across the UK
  • Free online advice tools
  • Call 0800 138 1111 – lines open Monday – Friday 8am – 8pm & Saturday 8am – 4pm

Top Tip – Prepare for your call before using this site – https://www.stepchange.org/contact-us.aspx#helpline

Citizens Advice

National Debt Line

  • https://www.nationaldebtline.org/
  • Free advice online, over the phone or via web chat
  • Call 0808 808 4000 – lines open Monday – Friday 9am – 8pm & Saturday 9.30am – 1pm

The above services can help you freeze the interest that you are currently paying on your debt, negotiate with your creditors to place you on a debt management plan or help with further options.

Top Tip: before speaking with any of these organisations, knowing your debt (creditors, amounts outstanding, payments etc.) and having your income and outgoings clearly defined will be essential and allow them to help you.

Ready for more?

Excellent! Check out our most popular posts below for more advanced tips, strategies and knowledge sessions to really light a fire under your debt destroying journey.

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EatSleepMoney.co.uk does not offer financial advice and is intended for reference/information only. Remember, you should always carry out your own research and/or take specific professional advice before choosing any financial products or services or undertaking any business or financial venture. Investments may go up as well as down and you may get back less than you put in.