We were asked to write this blog at the perfect time because we had just finished saving our emergency fund (EF). To start, an EF is a backup plan for unexpected life events such as job loss. This pandemic that
6 Ways to Stay motivated on a Financial Journey
Managing Your Financial Journey during a Crisis.
How are you coping during this gray period? Health is a top priority at this time, but finances have to be monitored as some workplaces struggle to stay afloat. We’ve decided to make some changes to prepare for this period.
Our Budget Template – Breakdown
Budgeting is one of the key contributors to us completing a successful debt-free journey. We wouldn’t be where we are today had it not been for our detailed budget workbook. We constantly receive questions regarding our budget and how we
Does Shovel size matter?
Does shovel size matter? Our honest answer: Yes it does! Your shovel in the debt free world is the amount of money you have to work with when paying debt. By extension ‘teamtinyshovel’ refers to low income earners who have
Why these Matter!
We had a nice chat in our WhatsApp group about how we can save on Insurance policies. One of the methods discussed was switching our payment mode from monthly to annually. This information prompted a group member to call their
How to Save on Insurance Policies
Reducing expenses is one of the things we continue to work on. There isn’t a day that goes by without brainstorming about what we can cut. Around July 2018, I had an expense reducing revelation 💡. The Backstory….In a previous post
4 Things we did before starting our Debt Free Journey
Starting a debt free journey isn’t something that should be taken lightly. You are essentially restructuring your normal way of life; therefore it was important that we prepared ourselves mentally for the changes we needed to make. Here are the
Oct-2019 Monthly Review
Our end of month debt payment check in. Total = $2,251.00 This payment was made up of: Our minimum payment Payment from other debts cleared Side hustle income We were looking forward to a bigger number this month but our expenses
SEPTEMBER-2019 MONTHLY REVIEW
Our end of month debt payment check in. Total = $2,031 This payment was made up of: Our minimum payment Side hustle income Our current debt balance is $13,000. To reach our end of year debt free goal, we need to
