This blog was born out of my journey to rid myself of almost £20,000 of unsecured debt back in 2009. Since that time I have blogged about my journey to becoming debt free (achieved January 2010!), and since then about becoming an educated UK user of personal finance products.

A lot of folks land at Five Pence Piece because of searching for debt help on search engines. I don’t profess to have all the answers, but I do know what worked for me, and I do know that with the right mindset and dogged determination that I had, you can also do it yourself without having to pay someone else to do it for you.

There are 5 steps (and a cheeky 6th optional one depending on your circumstances) to the Five Pence Piece Debt Reduction Plan. If you’re struggling to pay back what you owe, why not start reading today?

1. Know What You Owe

2. Spend Less Than You Earn

3. Have A Plan

4. The Psychology of Debt

5. Tidy Up After Yourself

6. Reclaim any PPI Paid

It really is that simple. Hit up those links for my in-depth guides on getting yourself out of debt once and for all.