Take Charge of Your Money
Take Charge of Your Money
The power of budgeting with Tinyiko
Take Charge Of Your Money podcast with Brendan Dale
Episode 8 - 7 March 2022
Sponsored by Naked - The new way to insure your stuff
My guest in this episode is Tinyiko Ngobeni, a BSc graduate in the science field and also a finance fantastic. We're talking about budgeting, and the real value in it. It's something that we often underestimate and don't take seriously enough. You can find Tinyiko on Twitter @TinyikoNgobenii
Apologies for the sound quality on this episode.
Tinyiko shares a great concept of how a budget is simply the first step in fixing your finances and sorting out your future. What she says is that the first step is that you get to a point where you are comfortable with your finances, and that is by using a budget. Once you've mastered that, you can move onto the savings. And once you've got that working, you can start investing. Don't rush the journey!
Main topics discussed:
0:00 Podcast into and thanks to my sponsor
1:16 Welcome to Tinyiko
2:24 Why do we hate budgeting so much?
6:05 When did Tinyiko learn about budgeting?
6:40 How does one start a budget?
7:42 How can we do it all?
9:06 Top 3 tips for budgeting
10:39 Advice for people living the YOLO life
Tinyko's top 3 tips for budgeting
- Be realistic!
- Reassess your situation and adjust as necessary
- Make space in the budget to treat yourself
More on budgeting
A free course on how to budget
Help! Where's my money - a workbook to help you figure out where your money disappears
Got debt that you need to sort out?
My 8-step plan to paying off debt
Learn about personal finance
Over 20 curated articles to read in sequence to help you start your personal finance journey
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