Episode #12: Bola Onada Sokunbi of Clever Girl Finance and the Clever Girls Know Podcast
Bola Onada Sokunbi is a Certified Financial Education Instructor (CFEI), a money expert for women and founder of Clever Girl Finance and “Clever Girls Know – a podcast for women on all things money”.
Bola decided early in her career that she wanted to help other women be accountable for their financial independence, get out of debt, save for the future and learn how to build wealth. She watched too many of her mother’s friends face financial ruin following divorces or losing their husbands and became determined to make sure her generation of women is more independent.
Her mom was a great example of this for Bola while she was growing up in Nigeria and she wants to pay those lessons forward now. She tells the story in this episode, but briefly, when her father had to retire early due to health concerns and a job loss, her mother decided to spend her personal savings to send Bola to college in Europe and the United States. She was able to save after years of spending only on what she could afford, and saving wisely from her various jobs and side gigs.
Bola took those early saving and money lessons, and personally saved $100,000 in her first three years of work after graduating from college, all on a salary of considerably less than 6 figures. To find out how, you’ll have to listen! It’s a great story of perseverance, goal-setting and independence that we’re not teaching to enough young girls.
What you’ll learn from Bola:
- How the book "Smart Women Finish Rich" (by David Bach) changed her outlook on money permanently
- What her mother’s side hustling and money saving strategies taught her about financial independence
- Three key damaging money mindsets (that many of us have!) and how to defeat them
- How to view money mistakes and why it’s important that we all make a few
- All about her year-long money management accountability program called the Clever
Girl Finance Academy
- Why, despite decades of talking about equality, women are still making the financial mistakes of our mothers’ generations and why we still need women-centric financial education
Bola is ambitious for:
Melissa Boutin of Your Money Worth who paid off $37k in student loans while supporting her extended family, and now teaches other women how to do the same