What Do Faze Banks Make Money From

After graduating from college in 2004, Bola Sokunbi challenged herself to save as much as possible. Sokunbi, who grew up in Austria and Nigeria, educated herself about the American retirement savings system along the way. One book that particularly influenced her was Smart Women Finish Rich what Do Faze Banks Make Money From David Bach. Today, Sokunbi, 36, is an influencer herself. She quit her consulting job two years ago to focus full-time on running Clever Girl Finance, her financial education site for women.

She has 4-year-old twins and lives with her husband, a doctor, in Hunterdon County, N. Here, she shares insights into her aggressive savings plan. Set Your Intentions None of Sokunbi’s friends were saving as aggressively as she was right out of college. Some were making twice what she earned and saving nothing at all. It helped that Sokunbi didn’t have student loan debt. Her mother paid for her college education, which she began in Austria and finished in the U. Another tailwind was the fact that she didn’t have much time to spend money. She travelled a lot for work during the week and began a side gig as a wedding photographer on the weekends. Not only did her two jobs take up a lot of time, but they also took care of most of her meals: her company would foot the tab for her food when she was on the road, and she’d also eat at weddings as part of her compensation.

She enjoyed getting to work early and reading personal finance blogs over her breakfast of a free company bagel. Find Your True Voice Sokunbi launched Clever Girl Finance when her twins, a girl and a boy, were one year old. She developed it on the side for a year while working full-time, often staying up until 3 a. 25,000 that first year, through a diverse revenue stream of one-on-one coaching, courses, ebooks, affiliate links and eventually, brand partnerships. Two years ago, Sokunbi quit her consulting job to focus on the business full time. Her main audience is women of color ages 21 to about 38. She realizes that many of them grew up in houses where money was a source of silent stress, and she wants to bring the discussion out into the open. Personal finance isn’t a regular part of the curriculum in most U.

Sokunbi has picked up the slack and educates her readers about budgets and investing. Invest Strategically Sokunbi learned early on that sometimes you have to spend money to make more money. She started out photographing weddings for free to build a portfolio. 100,000 in three and a half years. Sokunbi reached a similar juncture with Clever Girl Finance a year ago. Realizing that she couldn’t do everything herself, she hired two part-time workers to help schedule her content and tackle other administrative tasks. Their salary is an investment, but it’s one that translates into increased revenue for the site.

What Do Faze Banks Make Money From

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What Do Faze Banks Make Money From

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Sokunbi still saves as much as she can these days. 10,000 a year each, into their children’s 529 college savings accounts. They would like to pay their children’s tuition in full, just like Sokunbi’s mother did for her. While she has cut back her workload a bit this summer to spend more time with her twins, Sokunbi usually spends more than 40 hours a week on Clever Girl Finance. Money may receive compensation for some links to products and services on this website.

What Do Faze Banks Make Money From

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What Do Faze Banks Make Money From

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