Couple clear £43,000 debt by living on £1 a day and using a slow cooker
manchestereveningnews.co.ukA couple has revealed how they cleared a £43,000 debt by spending less than £1 a day. The pair found themselves in crippling debt when dad-of-two Ricky lost his job as a machine operator at a printing firm.
A year later his partner Naomi sadly lost her job in insurance. READ MORE:A single 65p roll of ASDA foil could help slash your heating bills instantly With no money coming in, they quickly accumulated £43,000 in payday loan, credit card and catalogue debt.
Things came to a head when their car and fridge freezer broke down in the same week, wiping out their remaining savings, and adding to their debt pile.
Ricky says: “We knew the repayments would eat up everything, but had no choice. It just kept spiralling from there.” The family of four hit rock bottom when Ricky realised they had to live on less than £1-a-day. “We drew up a list and feeding our two daughters Daniella and Chloe was top, then nappies as Chloe was still a baby.
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