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There are still a lot of inequalities that women face with regards to finances like the gender wage gap and the gender investing gap. To rise up to that challenge and push for the financial equality among women, many women like myself are becoming financial feminists.
Another such woman is Miracle Olatunji, an amazing college student at Northeastern University in Boston. At such a young age, Miracle is an entrepreneur, public speaker and author. At 17, she founded OpportuniMe, a digital media and education company which empowers the next generation of leaders to develop life, leadership, and career skills.
In this episode, Miracle shares how she got into personal finance and eventually became a financial feminist. I asked her how she managed to go to the university that she wanted and navigate a debt-free college life.
As a first generation immigrant in the US, Miracle had to shift her mindset around personal finances and learn how to manage her anxiety around money. She shares how she’s building generational wealth today and why it’s so important.
We also touched on the importance of investing, on Miracle’s ongoing therapy for self-love and why self-trust is a form of self-love.
Listen in to hear her story and get some great tips to achieve financial wellness.
What You Will Learn From This Episode
- Importance of financial feminism and generational wealth
- The common mistake people make when investing and how to avoid it
- How to handle money mistakes and build generational wealth
- What self-love really is and why investing is an act of self-love
- Why it’s okay to consult a therapist in your journey to self-love
“I wanted to be able to do something not only to change my finances but change the finances of other women in my life and just talk about money more.” – Miracle Olatunji
“When I think about wealth and finances, it’s not really just about the money, it’s more of the freedom and what you can get with the money.” – Miracle Olatunji
“Investing in your future is an act of self-love.” – Miracle Olatunji
“What we think of self-love and what it actually is are two different things.” – Melanie Lockert
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Timestamps
2:37 – Miracle’s personal finance story and how she became a financial feminist
6:08 – How Miracle managed to go to school in Boston, earn money while studying, and soon graduate debt-free
12:00 – The mindset shift in investing and financial anxiety that Miracle had to make to survive being an immigrant in America
15:05 – What you need to know about investing, why it is so important, and how to handle money mistakes
24:20 – How Miracle is continuously building generational wealth and why she thinks it’s so important
28:20 – What is self-love and why investing is an act of self-love
33:04 – Miracle’s ongoing therapy for self-love and Melanie’s self-love journey
38:30 – Normalizing the slow progress in therapy and healing journey
45:46 – The importance of financial wellness, taking small actions/steps to change your life plus other tips to achieve financial wellness
Resources and People Mentioned
- OpportuniMe
- Purpose: How To Live and Lead With Impact by Miracle Olatunji
- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert Kiyosaki
- Interview with Erin Lowry
- Robert Farrington
- The College Investor
- Interview with Ken Honda
- Happy Money: The Japanese Art of Making Peace With Your Money by Ken Honda
- Backstage Capital
- Self-Love Workbook for Women: Release Self-Doubt, Build Self-Compassion, and Embrace Who You Are by Megan Logan
- Interview with Emily Guy Birken
- Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear
Connect with Miracle
Connect with Melanie
- mentalhealthandwealth.com
- melanielockert.com
- Contact: mentalhealthandwealthshow@gmail.com
- Attend our next Money Management Check-in Party
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