In our How I Manage My Money series we aim to find out how people in the UK are spending, saving and investing money to meet their costs and achieve their goals.
This week we meet Akid Zolkifli, 31, a management consultant based in Greenwich who cleared his debts during the pandemic.
Income: Management consultant: 3,200; Etsy sales of travel prints: 150
Total: 3,350
Outgoings: Rent (including utility bills and council tax) 750; Groceries 60; Mobile phone 10; Eating out 100
Total: 920
My parents always taught me never to worry about money and were generous with their spending. This, unfortunately, had a bad impact on me and meant I spent beyond my means through university and got myself into some very bad debt totalling around 20,000.
I…
Read the full article at: https://inews.co.uk/inews-lifestyle/money/how-manage-money-management-consultant-debt-pandemic-saving-isa-sipp-1181429