Debt sucks! I know, I’ve been there too, along with millions of others who have debt in South Africa! I actually hit rock bottom and know what it feels like to have literally no money for food and living essentials. Does this sound familiar at all? Well, I learnt how to manage my money better and pay off all my debt without earning more money. Do you want to learn how to get out of debt?
My debt story
I was in my early thirties when I hit rock-bottom in terms of finances and debt. I had 2 credit cards that were maxed out, my overdraft was at its limit, I had a car loan and home loan, and couldn’t keep up. Weird thing was that I was earning a decent salary; I had just over-committed and reached the tipping point. I either needed to take out more debt (which I couldn’t afford), or I had to sort it out. Either way I needed to sort it out ASAP! I literally didn’t have money for food and daily essentials.
It was a crazy time but I learnt some incredible lessons.
- I was earning a good salary but didn’t have money for food.
- I owned a house, a car and had some investments, but I actually had no money (no cash flow) for essentials.
How did that even happen? You can read more of my debt story here.
10 years later though and I am 100% debt free, have a fully paid off property, a little “city 4×4” vehicle (which I bought cash) and healthy investments.
How did I do this?
To be honest, there’s nothing new or earth-shattering. Just good old fashioned common sense. I guess I just realised that i need to get out of debt, and so I made a plan!
I’ve developed an 8-step plan to pay off debt. This is based on my own experiences, broken down to logical and manageable steps, with exercises and actions to take along the way. You really can fix your debt problems!
What is in the 8-Step Plan to pay off debt?
- Understand how you ended up where you are.
- Learn how to get out of debt when you are broke.
- Make informed decisions on which debt should I pay off first.
- Maybe you are completely broke? See how to pay off debt with no money.
- Learn how to budget effectively.
- Learn about debt consolidation and debt review.
- Keep the debt collectors away.
- Fix your cash flow.
- Assess potential wasteful expenditure.
- Build an emergency fund.
- Create your plan.
- Learn how to pay off debt faster.
- How to get out of debt on a low income
- Track your progress.
- Improve your credit score in South Africa.
- Fix your debt problem once and for all!
This might sound too good to be true. But, you absolutely can pay off all your debt, and I can show you how.
It won’t be easy though. It certainly won’t be quick and easy, and it won’t just magically happen by reading a book. lol
You really need to put in the work, change your mindset and take charge of your money!
I’ve done it and I know you can too. And you can even pay off your debt quicker than you think!
How to pay off debt
There’s really no easy solution of how to pay off debt fast in South Africa, or anywhere really. It’s a slow, determined and methodical process. But here it is in a step-by-step guide. You can do it and you can learn to how to pay off debt faster than you think! Take a SNEAK PREVIEW

I have finished your guide. It simply beautiful. This guide will no doubt help others!
Reader, Johannesburg
It is simple to understand, simple to follow (not easy, we know that) and with such clear steps.
30 Day Money Back Guarantee
If you can honestly tell me that you have read the book, done the exercises, and do not feel that it will help, I’ll give you your money back.
Download progress charts found in the book
These are the downloads that are found in the guide. You can print them and place them somewhere that you’ll regularly see them. It’s good to have a visual progress as this keeps you motivated as you see how you’re doing. You can of course make your own how to get out of debt planners and progress charts to help you keep track of things. Make this fun and be creative. It’s your journey and goals after all.
The 8-Step Plan Progress Chart
Debt Free Payments Progress Chart
Listen to Stephanie’s personal story about getting out of debt
So inspiring to hear what ordinary South African’s can do with their money.
Learn about Personal Finance
If you’re interested to learn more about personal finance and managing your money better, take a look at this curated list of the best posts on my blog. These will take you through the basics of personal finance. They’re easy to follow and even if you only apply one or two of the concepts, you’ll see improvements in your finances.
- Understand what money means to you.
- Manage your money. Track, plan and spend less than you earn.
- Protect your finances and your assets. Learn about different types of insurance.
- Deal with debt; a bunch of articles and content on dealing with debt.
- How to start investing.