October 10, 2022

1.14 - Focusing on Finances

The widening disparity in incomes between ethnic minorities and the White British have been no secret - the Office for National Statistics released a study highlighting households with a White British head being nine times as likely to be in the top quintile of total wealth as those of Black African ethnicity. Coupled with the cost of living crisis and a looming recession set to dismantle households, the need for arming oneself with knowledge of finances is needed now more than ever. Techpreneur & Youtuber Mohamud Salhan once again enters the fray to shed light on financial literacy, multiple streams of incomes & the need for saving. Some of the points discussed were the following: - Is earning a top salary the definition of wealth? And if not - what is? - How does one defend their money against inflation? - Making multiple streams of income - Saving by avoiding latest trends & materialism - If you enjoy our episodes, please do subscribe on our platforms and give us a review on Apple Podcast/Spotify. Most importantly, tell a friend to tell a friend! Twitter: @SocotraTalks Instagram: @SocotraTalks Spotify: https://open.spotify.com/show/68TEJRlxbovWiYYPzAJahd Ask us a question on Curious Cat: https://curiouscat.live/SocotraTalks

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