Customer

By the numbers: One man’s struggle to get out of debt

January 15, 2024

Shame remains a powerful force when it comes to money worries.

Our customer, a young professional with his life and career ahead of him felt ashamed.

“Ashamed, I withheld the full facts of my financial situation from my friends, family and significant other, which led to more borrowing to conceal the fact I was having money troubles.”

Take the first step

“The first thing I did was start being honest with myself and the people around me. Confronting the situation was not a comfortable experience; I was finding it easier to just ignore it, fearful of judgement and abandonment."

The secrets to success

So what are his top tips to be debt free?

  1. It's going to take work and commitment.
  2. Look at your lifestyle and what you're willing and able to change
  3. Focus on needs and wants
  4. Reach out for help
  5. Your family and friends care about you- share the load

😁 The good news!

With a heap of 💪 hard work and determination he finished his 💰 financial reset just before Christmas.

What a Christmas present! He is now focussed on home ownership!

Check out his full story here.

Thank you to Rob Stock from Stuff for taking the time to share our customer's story.

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Money Sweetspot provides financial reset debt consolidation loans to help you take charge of your financial life, reduce debts and get on with living.

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