In this episode, David Oreoluwa interviews Oluwafemi Ademilua, the co-founder and CEO of Twinku, a personal finance management platform in Nigeria. They discuss the importance of having a good relationship with money and how it impacts our actions. Femi shares his definition of a good relationship with money, which involves using it to create value and not feeling pressured by it. They also explore the concept of creating a structure for money and how it can help individuals manage their finances effectively. Fermi shares his personal journey with money, from investing in stocks to transitioning into entrepreneurship. Finally, they discuss the mission of Twinku, which is to build the most helpful personal finance tool for Nigerians. In this conversation, Femi Ademilua, CEO and Co-founder of Twinkle, discusses the importance of planning your spending and creating a budget around your income. He highlights the need for individuals to have a clear understanding of their financial situation and to avoid excessive discretionary spending. Femi also shares the mission of Twinkle, which aims to help Nigerians manage their personal finances and improve their financial lives. He emphasizes the importance of having a complete overview of one's financial accounts and assets. The conversation also includes success stories of Twinku users and the partnership between Twinku and Keble.
A good relationship with money involves using it to create value and not feeling pressured by it.
Creating a structure for money can help individuals manage their finances effectively.
Transitioning from a traditional job to entrepreneurship requires a shift in mindset and a different approach to managing personal and business finances.
Habits for a good relationship with money include being accountable, living within or below your means, and not spending in anticipation of future income.
The mission of Twinku is to provide Nigerians with a helpful personal finance tool that helps them manage their money and plan for the future. Plan your spending and create a budget around your income to ensure you have something to save.
Twinku aims to help Nigerians manage their personal finances and improve their financial lives.
Having a complete overview of your financial accounts and assets is crucial for effective financial management.
The partnership between Twinku and Keble offers users the opportunity to sync their accounts and gain a comprehensive view of their financial network.
Josemaria Agulanna:https://twitter.com/agulannajose
David Ore:https://twitter.com/_seedavid
Oluwafemi Ademilua:https://twitter.com/milluher
Keble Trybe:https://chat.whatsapp.com/HxnvVt4YkLRGXf0UKVsyN7
00:00 Introduction and Guest Introduction
03:24 Defining a Good Relationship with Money
07:06 Creating a Structure for Money
11:32 Fermi's Journey with Money
18:02 Transitioning from Traditional Job to Entrepreneurship
23:25 Habits for a Good Relationship with Money
32:43 The Mission of Twinkle
37:19 Planning Your Spending and Budgeting
38:17 The Mission of Twinkle
41:09 Success Stories of Twinkle Users
46:07 The Importance of Estate Management
48:05 Partnership with Twinkle and Kevu
51:14 Incentives for Cable Users
53:28 Closing Remarks and Community Effort
