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February – Clear Your Debt

February – Clear Your Debt

How to Reduce your Debt and Improve your Finances in Feburary 2022

January can go by so quick that February is often the month people sit down to look at their finances. Now that school is back or close to being back and the holidays are over, it is a great time to look at your finances carefully.

February is all about clearing debt! Most families we speak to struggle with debt whether it is a high mortgage and personal loans or pay day loans and Afterpay/Zippay etc. Having payments go out every week can be frustrating and difficult.

Dealing with debt means creating a plan, sticking to it and doing what you can to make it happen. You will feel AMAZING once you clear your debt.

Next time you are considering going into debt, tell yourself this: Debt is simply stealing from tomorrow to pay for today.

Every single time you use debt to pay for something today, unless you have the money sitting somewhere to clear that credit card, you are robbing your future self. You are making your future finances harder.

Avoid debt!

$100 Free with ING

If you open an everyday account by 31 March 2022 and use the code CNW116 you can get $100! Once you open the account, have $1,000+ deposited in there such as your pay this month plus have 5 settled transactions by the 31st March 2022. PLUS open a Savings Maximiser and make a deposit. It’s that easy!

You won’t get the bonus $100 unless you add the code CNW116 in the promo box when joining.

I have been with ING for almost a decade and they’ve been great.

How to Clear Debt

It might feel impossible to be debt-free. Or maybe because everyone has debt, it feels ‘normal’. If you are in control, using it to travel hack, clearing the credit cards and investing etc then it’s not so bad.

That’s not the case for 95% of people I speak with though. These articles will help you deal with debt and get rid of it.

I have not been perfect when it comes to being debt-free. Check out my debt confession here.

How to Deal with Debt (includes tips for dealing with debt collectors)

6 Ways to Easily Reduce Debt

How we Cleared $90,000 in 12 Months – this couple were unemployed when they started and did a lot outside of work to clear this debt.

How I Paid off $3,558 Worth of Debt in a Month While Travelling

How I am Clearing $10,550 Worth of Debt

As mentioned, debt is also about mindset. Read how to save time, money and stay motivated with a motivation wall for some help. Along with how to manifest money or anything.

Valentine’s Day

February is also the month with Valentine’s Day. Here are some ways to do it more frugally:

25 Free or Cheap Date Ideas

How to Make Money with Valentine’s Day

5 Ways to Celebrate Valentine’s Day on a Budget

Book of the Month

Since Valentine’s Day is in February, I had a finance book and a relationship book to recommend. We all know relationships have a huge impact on our finances.

For Money: The Year of Less is by someone I know personally. She was caught in the consumerism cycle many of us are and did something about it.

For Relationships: The Five Love Languages was recommended to me years ago and has been life-changing. Read it, work out your love language (you can use the online test to do that too) and that of your partners. Discuss it and change how you connect with people.

Free Money

Banks offer bonuses, as do other companies. Here are a couple of ways to get instant or almost instant free money!

Get $20 from 86 400 when you sign up with the code S7VL6WF and use your card 3 times. (Increased from their previous $10 offer.)

Up Bank offers $5 instantly! I’ve been using them for 2 years now both in Australia and overseas. Get your $5 here.

CoinSpot offer a sign up bonus of $10 in BitCoin when you invest $10 here.

Raiz offer $5 as well with the code V3A2Y7 but have a monthly fee.

Score a bonus $10 when you sign up to Cash Rewards and buy something worth over $20 online where you normally shop.

Shopback offers the same too. Be sure to sign up to both because you will get cashback on ALL your shopping at stores they are connected with.

$5 Cash from WeMoney: Track your money easily and for free with WeMoney and get a bonus $5 when you join and connect your first account. Use the code GHPT8091 to get your $5 here.

February Discounts

CrazySales has up to 90% off loads of summer items here.

HelloFresh has $180 off your first box.

EveryPlate has $60 off your first box.

Catch has huge discounts on Valentine’s Day gifts here and here.

YouFoodz a meal delivery service has 25% off here.

LoveHoney has 15% off selected items (adult store) until 7/2/2022.

Bedworks has up to 25% off custom made storage beds all month.

VINOMOFO has up to 75% off wine plus free shipping

$100 off Marley Spoon: but this is split over your first 4 boxes. Grab your $100 here.

$60 off Dinnerly: one of Australia’s cheapest meal delivery services. Split across your first 3 boxes. Get your $60 discount here.

DK Active: Buy 1 get one 20% off sale items. Use the code MINDFUL

$100 Free with ING

If you open an everyday account by 31 March 2022 and use the code CNW116 you can get $100! Once you open the account, have $1,000+ deposited in there such as your pay this month plus have 5 settled transactions by the 31st March 2022. PLUS open a Savings Maximiser and make a deposit. It’s that easy!

You won’t get the bonus $100 unless you add the code CNW116 in the promo box when joining.

I have been with ING for almost a decade and they’ve been great.

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