'We wanted to be able to buy our own home. We were also worried as we couldn't see very many places to rent, especially in our budget.'
An Irish mother-of-three has revealed how she cleared her €15k credit card debt and saved a deposit for a house in just one year: by cutting out all unnecessary spending for 12 months.
"We were sitting on the plane back home, looking at this big bill. My husband turned to me and said 'what are we going to do? We need to make some sort of change'." "We said we would make the most out of it by making as many memories as we could and finding different ways of having fun that didn't involve money."
Caz also did Come Dine With Me with her friends, where everyone cooked a three course meal for the rest of the group and they rated it at the end. "We got the kids involved, it was so much fun." She says people should start off with small changes and it could take three months before they notice a difference.
Planning is the main component of budgeting. "If you are going out for the day, bring your lunch. Be mindful about eating out or getting takeaway coffees, as they all add up. There's nothing wrong with doing these things, but just plan it out and try to avoid spending impulsively.
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