1.14 - Focusing on Finances

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Socotra Talks

25 episodes

1 week ago

A podcast centred around discussing the real issues that have affected the Somali diaspora & avoiding false narratives that have stopped progressive conversations from taking place for many years. We aim to speak about the problems that have weakened us since our parents migrated to the West in the 90's. We hope that, through this platform, we can share both our and your voices & opinions on what can be done to improve the outlook of the community now - and tomorrow. Overcoming hurdles with a new perspective.

Self-Improvement

Education

RSS

All content for Socotra Talks is the property of Socotra Talks and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Self-Improvement

Education

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1.14 - Focusing on Finances

Socotra Talks

1 hour 6 minutes 41 seconds

3 years ago

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