British woman restricts online shopping and pays off Rs 17 lakh loan in 11 months


A 40-year-old woman from England paid off her long outstanding loans by stopping monthly purchases at the popular online shopping store Amazon.

Gemma Jordan, a 40-year-old single mom and shopping addict, used to spend large rupees on online purchases. Gemma learned that she was wasting a lot of money on unnecessary online purchases after downloading a free money management app.

The money management app, which uses a mix of artificial and human intelligence, suggested ways to Gemma to save her money and made recommendations on where to make her investments.

Gemma said she had amassed quite a bit of debt over time just for basic things like meeting household needs, running the cars, and making new purchases, Mirror reported.

She used Excel spreadsheets for years to record her expenses, loan amount, and balances. But she failed to manage her credit cards and loans

Gemma also said that while using the money management app, she noticed that she was a bit addicted to online shopping, especially Amazon. She used to spend hundreds of pounds every month ordering unnecessary stuff on Amazon.

“I used to see random things on TikTok and then I would order them,” Mirror Gemma was quoted as saying.

According to the guidelines for money management apps, she stopped making purchases on Amazon for the next several months. Now she has used the money she saved from online purchases towards her debt.

Gemma also learned that in addition to shopping online on Amazon, she was spending a large portion of her money on ordering groceries online. Gemma said that not only did she spend £ 17,000 on Amazon alone, but she’s also spent too much money as it’s too easy to splurge online.

Gemma has successfully paid off the loan amount of Rs17.00,000 by not buying or purchasing groceries online for 11 months.

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