84: Investing With Friends w/ Kemi Onabanjo-Joseph
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I'm so excited to finally have this part of my conversation with one of my best friends about money and friendships.
In this conversation, Kemi and I not only model money conversation, but we tackle insightful aspects of money and friendships. Our conversation covers:
- Her first financial aha moment
- Graduating from her MBA with student loans and how she started her path to paying them off
- How and why she decided to pay off debt and still invest at the same time
- What a money circle is and her first experience getting into a money circle
- Money circle vs forums
- Important traits for a successful money circle
- When to put a legal framework in place before investing with friends
- How she joined of her first formal investment club and the power of investing collectively (stronger purchase power, pooling capital, access to information, access to network)
- Importance of taking action and personal responsibility
- What makes her advance vs. retreat during money conversations?
- Our experience with investing together - how we did it, how it went awry, what we learnt from it, and how it impacted our friendship
- How the diaspora can find opportunities to invest at home/on the continent and beyond
Kemi is on Instagram at kemionabanjo! Please let her know if you found this conversation insightful.
Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'
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