152: Building Wealth As A Single Mother With Chaka Serrant

The Clever Girls Know Podcast With Bola Sokunbi

Bola Sokunbi

Education, Self-improvement, Business, Entrepreneurship

4.8 • 931 Ratings

🗓️ 8 July 2020

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Managing your finances as a single mom can be challenging, but despite this with intention and focus you can build wealth and become financially successful. Today's episode is sponsored by SmartyPig! SmartyPig is a free online piggy bank for people saving for financial goals like holiday gifts, vacations, and even retirement. When you open a SmartyPig account, there are no fees! This means there are no fees to join, no fees to save, and no fees to withdraw your money. SmartyPig online savings accounts are offered through Sallie Mae Bank, Member FDIC. LEARN MORE ABOUT SMARTYPIG: https://www.SmartyPig.com/?DTD_CELL=RDPCSMDCOTDOOTOTOTHOTHRN010000 My guest on this episode of the podcast is my dear friend Chaka Serrant she shares money tips for single moms based on her experience building wealth as a single mother. MORE ABOUT CHAKA: Chaka Serrant is a Management Consultant at a Global Technology Consulting Firm and Licensed Cosmetologist. As a boy mom and a believer in Christ, her focus has shifted to being a good steward over her time, finances, and relationships. After finding herself in debt continually, something had to give, she became intentional about her career, paid debt, and diversified her investments with real estate, retirement savings, stocks, and began working with a Financial Planner. One of her financial goals is limiting her taxable income during her retirement years. As a single mom, she has learned that sometimes we can't do it all once, so outsource, it's ok to ask for help! WHAT WE DISCUSSED ON THIS EPISODE: - Chaka shared her biggest challenges savings and investing as a single mom and what she has done with well. - How she's prioritizing her mental wellness and leveraging help to parent successfully. - How she focused on earning more once her son came into the picture. - She also shares what she's teaching her son about money and the legacy she wants to leave for him. AND MUCH MORE KEEP UP WITH CHAKA: Via Instagram at https://instagram.com/chakaserrant ❤ Access our FREE COURSES at clevergirlfinance.com/course-packages/ (All 30+ courses are free right now) ❤ Get the Clever Girl Finance book: clevergirlfinance.com/book ❤ Follow on Instagram: instagram.com/clevergirlfinance

Transcript

Click on a timestamp to play from that location

0:00.0	Hello everyone this is Bola Shocumbee I'm the founder and CEO of
0:03.7	clever girl finance and welcome to the clever girls no podcast so on today's
0:08.0	episode my guest is a dear friend of mine and her name is Shaka Surand
0:11.8	and Shaka is sharing exactly what she's doing
0:14.8	to manage her finances and build long-term wealth
0:17.6	as a single mother.
0:19.1	But before we get started, today's episode
0:21.2	is sponsored by Smarty Pig.
0:23.0	All opinions are 100% my own.
0:25.0	Smarty Pig is a free online piggy bank
0:28.0	for people saving for financial goals like holiday gifts, vacations, and even retirement.
0:33.7	When you open a Smarty Pig account, there are no fees.
0:36.7	This means there are no fees to join, no fees to save, and no fees to withdraw your money.
0:42.0	In fact, you actually earn money when you save with
0:44.1	SmartyPig's high-yield online savings accounts. The smartest way to
0:47.8	purchase things is with the money you already have. SmartyPig helps you replace
0:52.0	the Buy Now Pay later approach with a save then spend mentality.
0:57.0	Smarty Pig online savings accounts are offered through Sally May Bank, member FDIC.
1:02.0	Okay, so I'm going to share a bit more about my friend Shaka,
1:05.0	and Shaka is a management consultant at a global technology consulting firm
1:10.0	and a licensed cosmetologist.
1:12.0	As a boy mom and a believer in Christ, her focus has shifted to being a good steward over her time, finances, and relationships.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Bola Sokunbi, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bola Sokunbi and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.