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Wales Online
Wales Online
Neil Shaw

Mum explains how she got out of £40,000 debt with shopping and bill hacks

A mum who was in £40,000 of debt said buying 'yellow sticker' discounted food helped her pay it back - and now she's a money specialist helping other families. Maddy Alexander-Grout, 38, got into debt thanks to six credit cards and loans she took out at university which spiralled out of control.

She lived a lavish lifestyle as a student and didn't realise how much she was spending on clothes, takeaways, shoes and nights out or how her credit score was being affected until years after she graduated. After racking up £40,000 of credit card debt herself, Maddy turned to shopping for clothes in charity shops and started only buying discounted food.

She managed to pay all her debt back in five years as a result. Now debt-free, Maddy has stuck to her money-saving ways and claims she only buys 'yellow sticker' food - unsold food nearing its sell by date that has been discounted by supermarkets.

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