Ruth's debt was causing her sleepless nights, so she went on a mission to clear it (Image: Jam Press / @moneysavvymumuk)A mum from London has explained how she paid off Sh3.1 million (£21,000) of debt in just eight months. Making a meal plan helped eliminate waste (Image: Jam Press/@moneysavvymumuk)It was time for a change. Ruth still buys own-brand when it's cheaper (Image: Jam Press/@moneysavvymumuk)She still swaps non-branded items at the supermarket and the minor change has made a big difference. Ruth said: “I discovered sinking funds quite early on in our debt repayment journey but I wanted to pay off our debt before I started my own sinking funds. Building up savings means you don't need to use credit to cover one-off expenses (Image: Jam Press/@moneysavvymumuk)Ruth said: “Becoming a savvy saver has turned my life around.

Source: Standard Digital January 12, 2021 08:37 UTC