There’s a fantastic piece on the BBC website today about debt in young people and particularly women, where one in five young women say they are in debt “all of the time” and nearly 40% say they struggle to make their money last until the end of the month, according to new research by the Young Women’s Trust.
But what is brilliant about the piece is that it shows a video of a young woman and how she cleared her £20,000 debt and it’s brilliant!
She followed all the principles we teach at MoneyMum and she has proved that the principles work!
She followed the 5 principles of the letter and got herself debt free – what an inspiring story.
Find out more about the five principles of the financial five a day with our free download.