How This Couple Paid Off $120k Debt While Living in A Tiny House

A couple needs to be on the same page when it comes to major decision making like paying off debt, which is what our guests today did to finally pay off theirs. 

Marek and Kothney-Issa were initially living life to the fullest, enjoying their marriage without caring about the debt. This was until Marek came across Dave Ramsey on the internet and brought the matter up with his wife. 

They share the strategy they used to pay off their $120k worth of debt in 24 months. They also share why they decided to live in a tiny house and why they believe it’s a good investment.

Listen in to learn why you might be spending more money than you need monthly and why you need to do the math to start paying off that debt. You will also learn how you can still have a strong marriage even when working multiple jobs.

What You Will Learn

  • How did they find themselves in the debt? 
  • How a $9k legal settlement led them to start thinking of paying off the debt.
  • They explain the first steps they took into their debt freedom journey.
  • They explain how taking multiple jobs helped them pay off the debt faster.
  • How did they utilize the tips from work to be part of the money paying off debt? 
  • Having a mutual goal as a couple actually strengthened their marriage.
  • How and why did they get into tiny living?
  • Marek explains in detail why a tiny house is a good investment to be considered. 
  • What are some of the expenses that come with a tiny house?
  • They explain the feeling of being debt-free.
  • What are some of the challenges they underwent living in a tiny house while paying off debt?
  • What’s next after paying off the debt?
  • What advice do they have for anyone who wants to pay off their debt?

Resources Mentioned

Thanks For Listening!

Thanks for tuning in to us on The His & Her Money Show. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Today’s show is sponsored by Legal and General America. Legal & General America makes understanding and applying for life insurance easy. Also, agents are standing by to help you determine the best coverage to fit your family’s needs.

Visit HisandHerMoney.com/lgapodcast to get started on your journey toward financial wellness.

 




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