If there is one lesson the Covid-19 pandemic has taught us, it is to be financially prepared for once-in-a-lifetime events.

 

In a world where living beyond our means and being in debt has become the norm, setting up a financial safety net to protect our personal finances during economic downturns, such as the Covid-19 pandemic, can be difficult for many.

 

While the debt-free journey can be hard work, it is a realistic financial goal if you plan carefully, pay down your expensive debts as quickly as possible and rein in your spending.

 

Host Felicity Glover is joined by Steve Cronin, the founder of DeadSimpleSaving.com, who offers his advice on the steps to take to begin your journey towards a debt-free life — and protect your financial future.