Energy Price Cap announcement: Watch Martin Lewis explain what it means for your electricity and gas bills this winter
Debt free and staying that way while I re-evaluate life and keep blood sugar levels down
edited 30 March at 12:52PM in Debt free diaries
149 replies 8.6K views
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I’ve never had significant debt, other than a mortgage or car loan. I use a credit card for most purchases because of the vouchers and the protection, but pay it off in full each month - I generally know how much I can afford to spend, so it doesn’t matter if it doesn’t show up on the bill straight away.
My niece, born in 1987, has no fear of debt. She of course had a student loan, and she said to me once “when you already owe thousands when you start work, it doesn’t seem a big deal to borrow more money”. I think that has probably had a huge influence on more recent generations, who treat credit as the norm.
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