I know, I know, it was shocking, but I'm sure everyone can relate to having bad money habit at some point in their life, and truth be told having been through that actually taught me a valuable (but expensive) lesson, that I'm going to pass onto you. Let me know if you have any other suggestions too.
1. Work out how much disposable income you actually have each month. Once you know that number you can figure out what you can / can't do that month.
2. Take out cash. Yep, not many people operate with cash these days, but it makes knowing how much you're spending much easier to calculate, rather than dealing with plastic money, gone in a touch of a pad, where sometimes you don't even know the full amount.
3. Balance Transfer to avoid paying interest. An obvious one, but it's easy to forget, or not know when you'll start paying interest, so find out and do it straight away. Also, if you can, pay more than the minimum, do so!
4. Don't save and try and pay debts at the same time. People may disagree with this, but debt costs money, saving may make you a tiny percentage, you're best off putting all your money into paying off your debt, so you can start saving after.
5. Loose your pin number. A random one but when I balance transferred my credit cards I never opened the pin numbers and shredded them as soon as they arrived. It means I can't spend a penny on them and everything I pay onto them comes straight off my debt balance.
6. Work backwards. Know how long it'll take you to pay off your debt, work out how much you need to pay to make that deadline
Short and sweet, but if you're anything like me then you'll be working out what you can and can't be buying this Christmas so
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