Real Life Debt Stories - Jen from A Little Piece of My Life

Real Life Debt Stories – Jen from A Little Piece of My Life

Real Life Debt Stories - Jen from A Little Piece of My Life.  Jen shares her debt story with us - her starting debt, lightbulb moment, making extra money, favourite repayment methods and how to stay motivated.

Real Life Debt Stories - Jen from A Little Piece of My Life

Thank you so much Jen for completing my questionnaire and sharing your story with us.  Jen blogs over at A Little Piece of My Life.


What was your Lightbulb moment?

  My lightbulb moment came at at new year after a fight with my partner about money and getting our own house. We both work yet never have any money or spend time together like normal couples do. I had a breakdown as we were working to pay bills and nothing else. No holidays, no days out and I had just had enough. We sat down together that night and calculated how much we actually owed.

How much did you owe at the time of your Lightbulb moment?

   My own debt was £11,232.84 and my partners is £10,557.32. combined it is an eye watering £21790.16.  

How did you feel when you had your Lightbulb moment?

   There was an initial shock of how we had got to this stage but then there was the acceptance that we now had a plan in place and both knew what we had to do to start making some progress.  

What/who were the circumstances which caused your debt?

   My partner had lost his job twice in 2 years whilst I was a student at university.  He then tried to start his own business, which we had funded ourselves, and this had gone under.  

What were the first steps you took in taking control of your debt?

  The first thing we did was sit down and be honest with how much we both owed. We then tried to tackle the highest interest items.  Using a credit card we did a balance transfer to get the 0% interest period. Since the beginning of the year I have been trying my hand at matched betting, surveys, blogging and selling on ebay.  

Where are you now in your journey to being debt free? Do you have a target ‘debt free’ date?

  We will be out of our 'main' debt within 18 months so July 2019 and completely out of debt by January 2020.  

Are there any debt repayment ‘methods’ that you would recommend? What has worked for you?

  I never had a credit card as I associated this with debt however after watching Martin Lewis one night, he had suggested doing a balance transfer to get a 0% interest period. I've done this and halved the interest I was paying on my Very account.  

What advice would you give to someone who has just had their ‘lightbulb’ moment?

   Tackle things head on, be honest and don't stick your head in the sand. Talk to others about it get the support. I personally rate the instagram community as everyone is so friendly and I've got some excellent tips for earning extra money.  

How do you stay motivated?

   I want to buy a house and this is so important to me. I also want to start my own business and work from home but I need the constant income just now.  

Jen, thanks again for sharing your story.  It is true about the community on Instagram, it is very supportive.  In fact, that is where I first 'met' Jen and was amazed by her progress and begged asked if she would share her story with us here. 

Just like Jen, I too have discovered there are loads of ways to increase your income in your spare time.  Individually they may not add up to  much, but combine them together and they can help you make it through the month.  If you would like to explore the possibilities, I have a couple of post I have written on some of my favourite ways:

Prolific Academic

How to Make Money on Your Mobile Phone with One Pulse

How to Make Money on Fiverr

Paperclip - The Place to Buy, Sell, Swap or Give Away Unwanted Items

Cash Rewards with Citizenme

Earn Easy Cash with Storewards


More real life debt stories can be found here.

Would you like to Share Your Real Life Debt Story?

My aim is to feature Real Life Debt Stories from people who have experienced debt. This could be debt of any size, type or reason. Debt that has been paid off, debt you want to start paying off or debt that you are currently in the middle of paying off. I want to share failures as well as successes including the reasons why you found yourself in debt in the first place as everyone’s story is different.

It is important to show people that they are not alone. I also want to highlight that different methods of getting debt under control work for different people and that there is not a One Size Fits All solution.

This is where you come in. If you are willing to share your story with my readers then I'd love it if you would complete this short questionnaire. This can be completely confidential and names will not be shared OR if are happy for your name to be used, I can use it. If you also have a blog, I am happy to link to your blog too, alongside your story.

Looking to Start Your Own Debt Free Journey?

My 'Debt Busting - Get Set for Success' Ebook is available on Amazon for just £1.79 (or free on Kindle Unlimited).  This book will guide you through 6 practical steps showing you how to start tackling your debt, including:

  • Creating your Statement of Affairs
  • How to plan your budget
  • Choosing your debt repayment method
  • Making your money work for you