Take Charge of Your Money

The power of budgeting with Tinyiko

March 07, 2022 Brendan Dale Season 1 Episode 8
Take Charge of Your Money
The power of budgeting with Tinyiko
Show Notes Chapter Markers

Take Charge Of Your Money podcast with Brendan Dale
Episode 8 - 7 March 2022


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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

  1. Be realistic!
  2. Reassess your situation and adjust as necessary
  3. 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

Get an instant insurance quote from Naked

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Welcome to Tinyiko
Why do we hate budgeting so much?
When did Tinyiko learn about budgeting?
How does one start a budget?
How can we do it all?
Top 3 tips for budgeting
Advice for people living the YOLO life