Chinelo Okafor: Send Money Back Home As A Form Of Loan To Create A Family Trust
Hey, Cash Talk family!
In this episode of My Financial Missteps, Mrs. Chinelo Okafor shares her financial mistakes so you can learn from her experiences and avoid making the same errors. She shares practical advice about supporting family back home and relatable stories to help you navigate the American financial system confidently.
Don't miss out on this insightful conversation!
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Chapters
00:00 Black tax: Support family financially in Africa while living in America
01:00 Intro
02:39 First financial mistake in the US and how I overcame it
04:10 My first financial mistake and what I learned
06:57 Finding reliable information and resources to manage finances in a new country
10:57 Repaying credit card debts and staying out of debt
15:36 How I got my first credit card in the US
19:52 How I balance sending money back home while living in the US
25:00 How immigrants can save and invest in the US
33:28 Cultural differences in finances I had to adapt to in the US
40:22 How immigrants can make the most of the resources provided by @CashTalkForImmigrants
#africanimmigrantsstories #blacktax #cashtalk
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