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Our culture’s influence on our relationship with money, with Selina Flavius, founder of Black Girl Finance
With money habits formed by age 7, our culture and formative backgrounds undoubtedly play an important role in shaping our attitude towards money. The question is: as adults, how can we decode what we have subconsciously been taught and build a positive mindset towards managing our money?
Joining me today is Selina Flavius, finance coach and founder of Black Girl Finance - the digital platform providing a safe space for Black women to get comfortable talking about money.
Black graduates are paid 9% less than their white counterparts. In this episode, Selina shares the long-term impacts of the ethnic pay gap, and how we can tackle it.
We also take a look at what we can do to aid our financial security during the pandemic, and why Selina believes personal finance is the missing piece in self-development.
Selina’s book 'Black Girl Finance, Let’s Talk Money’ is out now. It’s a fantastic resource where she shares her best financial tips as well as her personal stories, goal-setting exercises and straight-talking advice.
You can follow and connect with Selina at:
- Black Girl Finance www.blackgirlfinance.co.uk
- Instagram: @blackgirlfinanceuk
- Twitter: @blackgrlfinanceuk
- Black Girl Finance podcast: https://podcasts.apple.com/gb/podcast/black-girl-finance/id1518416348
Selina shared some resources in this episode. All the links are below:
- Rich Dad Poor Dad by Robert T. Kiyosaki
- Warren Buffett's letters to shareholders
- Intelligent Investor: The Definitive Book on Value Investing by Benjamin Graham
- The Money and Pensions Service: https://moneyandpensionsservice.org.uk/
- Step Change Debt Change: www.stepchange.org
- Glassdoor: www.glassdoor.co.uk
- Gender and Ethnicity pay gap reporting: www.runnymedetrust.org
- Pay discrimination - Right to Know Petition https://fawcettsociety.eaction.org.uk/righttoknow
You can learn more about Vestpod and subscribe to our newsletter here: https://www.vestpod.com. You can follow us on Instagram @vestpod and join our Facebook group. My book is available to purchase from Amazon and your favourite bookshop.
* Please note that we are not certified, financial advisers! The articles and information made available on Vestpod and this podcast are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.*
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