How to save money: Mother once ‘drowning in debt’ shares the simple money tips that saved her

A first-time mother who was once “drowning” in £3,000 worth of debt with bailiffs at her door learned cash saving hacks to pay off what she owed – and is now helping thousands of other people battle their money worries as the cost of living crisis hits.

Rosie Forshaw, 33, who now lives in Cheshire with her 10-month-old son and husband, who she does not want to name, shares her savvy tips online as @moneysavingrosie and wants everyone to know it’s possible to live “frugally and with dignity”.

As inflation reaches a 40-year high, she is often contacted by strangers asking how to stretch a few pounds and said: “Things are bad and only getting worse. I just want to do what I can to help people.”

Rosie, who now works as a wedding videographer, was herself stricken with anxiety when she fell into debt back in 2012 due to working a zero hours contract in a music venue.

Struggling with bills and buying basic necessities, Rosie ended up with a County Court Judgement (CCJ) against her in 2013, ordering her to pay back around £2,500.

She said: “The debt inhibited every aspect of my life. It made me feel anxious that any phone call or anyone at the door was coming for money.”

“I couldn’t enjoy anything. I tried to come to a settlement with the creditor and they wouldn’t accept my repayment offers.

One of Rosie’s reduced shops (Collect/PA Real Life)

She added: “I already had anxiety and it just made things worse. There were times when I struggled to leave the house.

“The debt was all I could think about.

“I was scared that whatever I had left would be taken by the bailiffs. It felt so shameful. That’s the worst of it.”

Thankfully, Rosie visited Citizens Advice who helped her reach an agreement with her creditor. In the following year, she moved house, saved all the money she could and paid back…

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