By creating a detailed budget, tracking their spending habits, and having a lower cost of living, the couple was able to become debt-free. They also paid off the loan they'd taken out for the cost of the tiny house.
"Ever since we've been in a tiny house, our electric bill has been next to nothing and pretty much everything else is included in our lot rental," Ko said.
Now that both Marek and Ko have been furloughed during the coronavirus pandemic, they said they are happy to be debt-free and that they are better prepared to tackle this new financial situation.
"Throughout the debt-free process, we got really in tune with our budget, so going into the coronavirus situation, we were already on the same page with money," Marek said. "Once we got furloughed from our jobs, it was very easy for us to go back to our budget and figure out what we can cut out and what we can shrink in order to have as little living expenses as possible."