Are you ready for a debt free lifestyle? Of course many of us would like to live in a world where our life times are free from debt, but sadly this cannot be the case for all and many of us may find a need to seek debt advice at some point. Remember that mortgages are classed as a debt and many of us would not be able to get our foot on the property ladder without some form of mortgage debt.

There are ways that you can live a debt free lifestyle on the most part though if you concentrate on being free from unsecured debt. These types of debt include store cards, store cards, overdrafts and often carry a high level of interest rate.

There are many points to be bear in mind when deciding to lead a debt free lifestyle, such as:

1: Try to keep debts to a minimum. Look at saving for those big-ticket purchases instead of using buy-now-pay-later deals or using your credit card. Not getting into debt in the first place is the key to a debt free lifestyle.

2: Pay back your debt ASAP. Learn to pay back your debts as soon as possible. The longer you have debt then the more interest will be acquired. Interest and charges on debt are one of the reasons why it can be hard to pay back the debt as qickly as you would like.

3: Live a debt free lifestyle. Living as though you can be debt free in the future takes one step at a time as there is no quick-fix to dealing with your debts. You need to be in a mind set about wanting to be debt free and actively making sure that it happens.

If your debts are at a high level that you might want to think of ways to deal with the debt that you have now in order to live a debt free lifestyle in the future. For example, an IVA means that you can be debt free in as little as 60 months.