According to Credit Action, the total amount of UK personal debt stands at £1,449 billion, and the average adult now owes approximately £30,270 including mortgages.
With these figures, it may be a while before we are all debt free, but there are simple DebtFree tips to reduce your spending and hopefully free you from debt much more quickly.

1: Reduce Your Bills
It seems as though our household bills are rising all the time; fuel, electricity and water bills have all seen prices increases over the last year.

However, it can be a very competitive market out there and you might find yourself savings £100s of pounds each year if you switch your provider. There are numerous comparison websites out there to choose from, and changing to a water meter can also reduce your annual bills, dependant on how much water you use.

2: Become an Online Seller
You might not think that you have items that anyone would want to buy, but you would be surprised. Look through your cupboard and wardrobe and pull out the things that you no longer want or need.

Put these on an online auction site and see who, out of the world of buyers, wants your old things. It is a simple but effective way to make some additional cash and a great way to clear your home of unnecessary clutter.

3: Learn how to say ‘No’ (and mean it!)
We are not saying that the only way to become debt free is to have no social life, but when those few cheeky drinks turn into a full-blown session, it is easy to see where you money goes.

Try and limit the amount that you spend by turning down a couple of invites, or swapping your night out for a night in and watch the money grow in your bank account.

4: Take advantage of Money-Saving Offers
The credit crunch has meant that more people are actively trying to save money. In response to this, retailers and supermarkets have upped their offers and it is up to you to reap in the benefits.

Consider shopping for Christmas and Birthday presents in the sale to save yourself money. If your favourite product is on Buy-One-Get-One-Free, then it can be the perfect time to stock up and save yourself money in the long run.

5: Get Help for your Debt Problems
Although all of thee above debt free tips will help you reduce your outgoings, if you are struggling with your debt then it is very important that you seek professional help. Debt Free can offer a number of leading debt solutions and the right one for you is dependant on your personal financial circumstances.