Join Sim, a young millionaire investor, as her friends and her break down the intimidating and not-so-well-taught world of investing and growing wealth, minus the jargon.Monday = we share our thoughts on your deepest, darkest money secrets or hot takes with Money Confessions.Tuesday = we deep dive into investing topics, minus the jargon.Thursday, we spill the tea on how to create a seven-figure side hustle with Girls That Startup - because no one saves their way to wealth. Hosted on Acast. See acast.com/privacy for more information.
https://www.girlsthatinvest.com
episode 7: Money Confessions: My Parents Dont Trust Banks and Want Me to Hold All Their Money
Welcome back to Money Confessions, a weekly series where you tell us your deepest, darkest money secrets or hot takes. You're joined by Sim and Sonya, two best friends who have *a lot* to say.
This week, Sim and Sonya discuss a listener's money confession about their family not trusting banks and storing their money in the listener's personal account due to being immigrants. Sim and Sonya suggest various solutions, including creating a separate bank account, setting up a family trust, or providing evidence of reputable banks to alleviate their family's concerns. They emphasise the importance of understanding their parents' perspectives and maintaining a balance between helping them and safeguarding their own financial interests.
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'Til next week, team! ????
Hosted on Acast. See acast.com/privacy for more information.