A WOMAN has revealed that she is hoping to surprise her husband by secretly paying off £37,000 of debt.
The busy mum has been posting to TikTok every day to track her journey, and is asking social media users to help her to reach her goal.
Known only as @onmydebtjourney online, the TikToker revealed that she is making micro-payments to clear her debt, and is getting the small amounts of cash from engagements on her TikTok videos.
In order to earn money from TikTok, you need to be part of the TikTok Creator Fund, which requires you to have 10,000 followers.
You can then earn cash for your videos, based on how many views and shares they get.
The mum revealed that she is making payments towards her debt based on the engagement from the previous day’s video.
In one video she revealed that her previous days’ effort had received 18 shares and 45 comments, making her a grand total of £1.04.
“I just wanted to say thank you again to everybody who’s followed and everyone who gives so many words of support”, she said.
“It’s really encouraging me to try and get these debts down.”
She then politely asked viewers to like, comment and share the video, to help her to make more cash.
“I’m not asking for anything, it’s completely free” she assured viewers.
Unfortunately, due to added interest, the mum’s debt has actually gone up since she started making the videos but she is determined to grow her following and give her husband the surprise of his life.
As well as using TikTok, the mum is also flogging her old clothes on Vinted , and is also contributing 25p of her own money for every new follower she gets, 10p for every comment and 25p for every share.
Her videos have quickly gone viral, with one racking up 1.4 million views and another reaching 167,000.
TikTok users raced to the video’s comments section to share their thoughts on her money making plan.
How to cut the cost of your debt
IF you're in large amounts of debt it can be really worrying. Here are some tips from Citizens Advice on how you can take action.
Check your bank balance on a regular basis – knowing your spending patterns is the first step to managing your money
Work out your budget – by writing down your income and taking away your essential bills such as food and transport
If you have money left over, plan in advance what else you’ll spend or save. If you don’t, look at ways to cut your costs
Pay off more than the minimum – If you’ve got credit card debts aim to pay off more than the minimum amount on your credit card each month to bring down your bill quicker
Pay your most expensive credit card sooner – If you have more than one credit card and can’t pay them off in full each month, prioritise the most expensive card (the one with the highest interest rate)
Prioritise your debts – If you’ve got several debts and you can’t afford to pay them all it’s important to prioritise them
Your rent, mortgage, council tax and energy bills should be paid first because the consequences can be more serious if you don’t pay
Get advice – If you’re struggling to pay your debts month after month it’s important you get advice as soon as possible, before they build up even further
Groups like Citizens Advice and National Debtline can help you prioritise and negotiate with your creditors to offer you more affordable repayment plans.
One person said: “Omg I want to do this.
“I’ve got £235k I want to clear in five years.”
A second person said: “I wish you the best of luck, debt is horrible.”
A third person added: “Good luck with paying it off.
“We’ve all had debt at some point and know it can be overwhelming.”
