The Savvy Wallet with Ato Jay

In this episode, Ato speaks with Bola Sol who is a financial adviser, media personality and author of the books ‘How to Save It’ and ‘Your Money Life’. She’s passionate about making money simple, accessible and empowering people to take control of their finances and build wealth.

We discuss:

– Money Lesson’s Bola learnt from her family

– What’s FU Money and why you need it

– Why saving your first £10,000 is so important

– The best income streams to build now

– Helping women in your life with their finances

– Why women need their own financial independence

– How to close the gender investment gap

– First steps to investing and much more

🔗 Connect with Bola:

Bola’s instagram: https://www.instagram.com/bola_sol/

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TIMESTAMPS

0:00 – Preview

1:24 – Intro

1:35 – Meet Financial Advisor Bola Sol

5:28 – Money lessons from my family

8:59 – What inspired me to become a financial advisor 

11:56 – 3 most surprising things I’ve seen as a financial advisor 

16:53 – What inspired me to teach people about money

19:43 – Get your money up! 

21:59 – How to make your first £1,000

26:42 – What’s FU Money? 

30:55 – How to go from £1,000 to £10,000

33:03 – Is there a way to make £10,000 passively? 

34:54 – Why is the first £10,000 so important

36:15 – The roadmap to go from £10,000 to financial independence 

40:14 – How to figure out your financial independence goal?

43:37 – Why does everything change after £100k

46:10 – The best income streams to build now

54:30 – Non-negotiables for building wealth?

54:57 – Barriers that make it harder for women to make their first £10k 

58:56 – Women’s reduced earning power

1:00:53 – How to help the women in your life with their finances

1:04:33 – My personal experience with salary conversations

1:07:46 – Advice to get paid your worth

1:10:43 – Why talking about money makes women uncomfortable

1:17:00 – Why’s it important for woman to have their own financial independence

1:21:24 – Why retirement planning is so important for Women

1:25:17 – Practical ways to close the gender investment gap 

1:28:45 – First steps of investing

1:30:57 – Generational wealth breaks historical money disadvantages

1:33:06 – How I help women with their money

1:33:43 – Your Money Life

1:35:00 – Final words

Disclaimer: The information contained on this video is not intended as, and shall not be understood or construed as, financial advice. I am not a financial advisor and the information in this video is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.

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