Don't Go Broke Trying

Reni, The Resource

Financial literacy is something most people know nothing about until life forces them to learn. It gets even harder when you’ve moved from another country and now must learn a completely new financial system. This podcast exists to make these complex topics, simple and to share resources that can help you avoid costly mistakes on your personal finance journey. Hear from your host, Reni the Resource, who will give her take on what she would do in certain situations. You will also hear from guests who have made financial mistakes and hear their experiences, so you don’t have to make them. read less
EducationEducation

Episodes

Coinfessions: You Can Start An Airbnb With $0?!
08-12-2023
Coinfessions: You Can Start An Airbnb With $0?!
In this episode, real estate investor Pelumi, and Reni, answer your coin confessions surrounding all things starting an airbnb. Watch the previous episode: https://youtu.be/FNTcQQMFpgA?si=inlQPbpeDZk5lX2n Watch this episode on YouTube: https://youtu.be/bYLa66Y7osc 1. I have one Airbnb and want to open another. What do I do about the 180-day limit? 2. How do you start an Airbnb business with zero capital? 3. Can you do Airbnb arbitrage in Toronto? 4. AITA for telling my sister-in-law that her friend has to pay to stay in our Airbnb 5. AITA for not wanting to fully pay my Airbnb for damages to the property? 6. AITA for not letting my sister-in-law use my Airbnb for free? Submit a coinfession: https://forms.gle/qAHq5v9WYFuweeB48 Connect with Pelumi! Airbnb IG: https://instagram.com/micasaviktoria Pelumi's IG: https://instagram.com/pelumi.ogedengbe Website: https://micasaviktoria.com Short term booking links: https://abnb.me/JSTa5xhPHEb https://abnb.me/SrnqMPjPHEb Connect With Us! Follow the podcast on Instagram: @dontgobroketrying Follow Reni on Instagram: @xoreni Visit our website: https://renitheresource.com/category/podcast/ Follow on Twitter: https://twitter.com/dgbtpod Subscribe to Reni's YouTube: @xoreni Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing. --- Send in a voice message: https://podcasters.spotify.com/pod/show/dont-go-broke-trying/message
Your Guide To Starting A Profitable Airbnb Business ft. Pelumi Ogedengbe
17-11-2023
Your Guide To Starting A Profitable Airbnb Business ft. Pelumi Ogedengbe
On this episode of "Don't Go Broke Trying," we're joined by Pelumi Ogendegbe, a successful real estate investor who owns multiple properties, one being an Airbnb. If you've ever considered starting your own Airbnb business, this episode is a must-listen. Pelumi shares his insights and expertise on how to not go broke trying to start an Airbnb business, from finding the right properties to setting the right price to maximizing your profits. He'll discuss the biggest mistakes that new Airbnb hosts make, how to stand out in a crowded market, and how to navigate the regulatory landscape to stay compliant and profitable. Whether you're a seasoned real estate investor or just getting started, this episode offers practical tips and strategies for building a successful and sustainable Airbnb business. Connect With Pelumi! Airbnb IG: https://instagram.com/micasaviktoria Pelumi's IG: https://instagram.com/pelumi.ogedengbe Website: https://micasaviktoria.com Short term booking links: https://abnb.me/JSTa5xhPHEb https://abnb.me/SrnqMPjPHEb Booking.com: https://www.booking.com/hotel/ca/micasa-viktoria-kitchener.en-gb.html Bread & Breakfast: https://www.bedandbreakfast.eu/a/gEuw2tVdfRc7/micasa-viktoria-inn-and-suites Connect With Us! Follow the podcast on Instagram: ⁠@dontgobroketrying⁠ Follow Reni on Instagram: ⁠@xoreni⁠ Visit our website: ⁠https://renitheresource.com/category/podcast/⁠ Follow on Twitter: ⁠https://twitter.com/dgbtpod ⁠ Subscribe to Reni's YouTube: ⁠@xoreni --- Send in a voice message: https://podcasters.spotify.com/pod/show/dont-go-broke-trying/message
Coinfessions: To Buy A Home or To Keep Renting? That Is The Question.
03-11-2023
Coinfessions: To Buy A Home or To Keep Renting? That Is The Question.
In this episode, Mortgages By Dammy, mortgage broker, and Reni, answer your coin confessions surrounding all things purchasing a home. Watch the previous episode: ⁠https://youtu.be/csXCzVKuel4?si=O11LmwZJ69riS4ZB Submit a coinfession: ⁠https://forms.gle/D2VKey6dXwLCruYX9 Coinfessions Answered Am I the asshole for not wanting to take out a mortgage for my immigrant parents?My parents gifted my sibling and I $400,000. Should we buy a home, a pre-con, or keep renting?Should I make a full 20% down payment or put down only 5%?Am I the asshole for not wanting to pay my husband rent after the mortgage is paid off?I need an emergency $24,000 loan to help me close on a condo.My family is giving me $800,000 from the sale of their assets. What should I do?Am I the asshole for not wanting to pay off my mom's HELOC (home equity line of credit)?My federal student loans are now 0% interest. Would I be wrong to pay the minimums only? Connect With Dammy! IG: ⁠Instagram.com/mortgagesbydammy⁠ Email: ⁠hello@mortgagesbydammy.ca⁠ LinkedIn: ⁠https://ca.linkedin.com/in/dammyaromiwura⁠ Connect With Us! Follow the podcast on Instagram: ⁠@dontgobroketrying⁠ Follow Reni on Instagram: ⁠@xoreni⁠ Visit our website: ⁠https://renitheresource.com/category/podcast/⁠ Follow on Twitter: ⁠https://twitter.com/dgbtpod ⁠ Subscribe to Reni's YouTube: ⁠@xoreni --- Send in a voice message: https://podcasters.spotify.com/pod/show/dont-go-broke-trying/message
Coinfessions: Ask A Financial Advisor Anything!
25-10-2023
Coinfessions: Ask A Financial Advisor Anything!
In this episode, John Sacke, wealth advisor at BMO Private Wealth, and Reni, answer your coin coinfessions surrounding all things managing one's money. It's great to have a professional lens on this! Watch the previous episode: https://youtu.be/-uSkTpWCfw0?si=GXsABlVug7kXv4UZ Listen to the audio version of the podcast: https://anchor.fm/dont-go-broke-trying Submit a coinfession: https://forms.gle/D2VKey6dXwLCruYX9 Coinfessions Answered 1. I won 50 million naira, what do I do? 2. I make stable income but live paycheque to paycheque 3. I've spent more than $18,000 on uber and car rentals. Should I purchase a new car? 4. I'm getting married! How do I combine our finances? 5. What questions should I ask an investment advisor before hiring them? 6. Investment advisor vs. financial planner - who do I choose? 7. Should I fire my financial advisor? Connect with John! Website: https://nesbittburns.bmo.com/john.sacke/ LinkedIn: https://www.linkedin.com/in/johnsacke/ Email: john.sacke@nbpcd.com Connect With Us! Follow the podcast on Instagram: @dontgobroketrying Follow Reni on Instagram: @xoreni Visit our website: https://renitheresource.com/category/podcast/ Follow on Twitter: https://twitter.com/dgbtpod #DGBTPod #FinancialLiteracy #FinancePodcast Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing. --- Send in a voice message: https://podcasters.spotify.com/pod/show/dont-go-broke-trying/message
The Value of Professional Financial Advice ft. John Sacke
22-09-2023
The Value of Professional Financial Advice ft. John Sacke
Have you ever wondered if you should hire a professional financial advisor instead of trying to manage your wealth yourself? It's confusing to know when you should outsource or not, so today we are bringing on a professional wealth manager to give his take. In this episode of "Don't Go Broke Trying," we're sitting down with John Sacke, Investment Advisor at BMO Private Wealth, to discuss the value of seeking professional financial advice. Many people attempt to manage their money on their own, only to end up in financial trouble due to mismanagement. On the other hand, entrusting your money to the wrong advisor can lead to disastrous results. In this episode, John offers expert guidance on what to look for when selecting an investment advisor or wealth manager, the questions you should be asking, and how to avoid common pitfalls that can lead to financial ruin. Whether you're a seasoned investor or just starting out, this episode will provide invaluable insights on how to not go broke while seeking professional financial guidance. Tune in now to learn more. Watch on YouTube: https://youtu.be/-uSkTpWCfw0 Submit a coinfession: https://forms.gle/wC5VR7GyZ2NcAhAX9 Connect With John Website: https://nesbittburns.bmo.com/john.sacke/ LinkedIn: https://www.linkedin.com/in/johnsacke/ Email: john.sacke@nbpcd.com Connect With Us! Follow the podcast on Instagram: @dontgobroketrying Follow Reni on Instagram: @xoreni Visit our website: https://renitheresource.com/category/podcast/ Follow on Twitter: https://twitter.com/dgbtpod Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing. --- Send in a voice message: https://podcasters.spotify.com/pod/show/dont-go-broke-trying/message
Coinfessions: Black Tax, Debt Collectors & Investing Losses
08-09-2023
Coinfessions: Black Tax, Debt Collectors & Investing Losses
In this episode, Eduek & Reni answer your 'coin' confessions surrounding all things getting into (and out of) debt and investing in the stock market. Watch this episode on YouTube: https://youtu.be/i58Pv6j3K2s Submit your coinfession anonymously here: https://forms.gle/ygo7qBLS1ArESbUZ8 Coinfessions Answered 1) Am I the asshole for not sharing my son’s investment account with my daughter? (R/AITA)? 2) Am I not successful because I’m not tithing? (Listener write-in) 3) Am I the asshole for telling my wife that her investing losses are not my problem? (R/AITA) 4) Am I the asshole for wanting to invest in the stock market? (R/AITA) 5) How do I manage my money effectively and get my shit in order? (Listener write-in) 6) I make good money, why am I living paycheque to paycheque? (Listener write-in) 7) My credit card went to collections, what do I do? (Listener write-in) 8) Do funds in chequing accounts get taxed? (Listener write-in) Connect With Eduek IG: ⁠https://www.instagram.com/twosidesofadime⁠ Website: ⁠https://www.twosidesofadime.com⁠ Course: ⁠https://www.stackmydime.com⁠ Connect With Us! Follow the podcast on Instagram: @dontgobroketrying Follow Reni on Instagram: @xoreni Watch the video podcast on YouTube: Don’t Go Broke Trying Follow on TikTok: @dontgobroketrying Follow on Twitter: @DGBTPod #DGBTPod Disclaimer: The views and opinions shared on this possible are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing. --- Send in a voice message: https://podcasters.spotify.com/pod/show/dont-go-broke-trying/message
From $47,000 In Debt To Stock Market Success ft Two Sides of A Dime
25-08-2023
From $47,000 In Debt To Stock Market Success ft Two Sides of A Dime
On this episode of Don't Go Broke Trying, we're joined by Eduek Brooks, also known as Two Sides of A Dime, a financial educator who empowers women to pay off debt, invest wisely, and achieve financial freedom. In this episode, Eduek shares her personal journey from being $47,000 in debt to becoming debt-free, investing in the stock market and teaching others how to do the same. She'll provide practical tips and strategies on how to invest in the stock market without going broke, from understanding the basics of investing to building a diversified portfolio that can weather market fluctuations. Whether you're a seasoned investor or just starting out, this episode offers valuable insights and guidance on how to build wealth and secure your financial future. Watch this episode on YouTube: https://youtu.be/6bjAIZqJlTE Submit your coinfession anonymously here: https://forms.gle/ygo7qBLS1ArESbUZ8 Connect With Eduek! IG: https://www.instagram.com/twosidesofadime Website: https://www.twosidesofadime.com Investing Course: https://www.stackmydime.com/a/2147635341/ShZ58Qov Connect With Us! Follow the podcast on Instagram: @dontgobroketrying Follow Reni on Instagram: @xoreni Watch the video podcast on YouTube: Don’t Go Broke Trying Follow on TikTok: @dontgobroketrying Follow on Twitter: @DGBTPod #DGBTPod Disclaimer: The views and opinions shared on this possible are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing. --- Send in a voice message: https://podcasters.spotify.com/pod/show/dont-go-broke-trying/message
Coinfessions: Navigating The Canadian Immigration Process
04-08-2023
Coinfessions: Navigating The Canadian Immigration Process
In this episode, Olu & Reni answer your 'coin' confessions surrounding all things immigrating to Canada. Watch part one with Olu: https://youtu.be/8FO01Xa9BTI Submit a coinfession: https://forms.gle/qAHq5v9WYFuweeB48 Connect With Olu! IG: ⁠@olufemiloye⁠ Twitter: ⁠@olufemiloye⁠ Join Olu's Japa Group: ⁠https://olufemiloye.ca/welcome-to-olus-free-immigration-group-ojc/ Here are the questions that were asked: Coinfession 1 - How can I build a solid career while in school to get a shot at PR & citizenship? Coinfession 2- Should I live with my family friend who lives 1.5 hours away while going to school in Canada since it's free? Coinfession 3 - Can I get a line of credit to fund my masters program? Coinfession 4 - My boyfriend's dad stopped supporting him & I don't want him to be deported but I also don't want to marry him for papers. What do I do? Coinfession 5 - Immigration has left my family with nothing! Coinfession 6 - Would I be the asshole for moving to Canada to do a PhD even though my family doesn't want me to? Coinfession 7 - How can I prepare my credit worthiness for my move to Canada? Connect With Olu IG: ⁠@olufemiloye⁠ Twitter: ⁠@olufemiloye⁠ Join Olu's Japa Group: ⁠https://olufemiloye.ca/welcome-to-olus-free-immigration-group-ojc/ Connect With Us! Follow the podcast on Instagram: @dontgobroketrying Follow Reni on Instagram: @xoreni Watch the video podcast on YouTube: Don’t Go Broke Trying Follow on TikTok: @dontgobroketrying Follow on Twitter: @DGBTPod #DGBTPod Disclaimer: The views and opinions shared on this possible are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing. --- Send in a voice message: https://podcasters.spotify.com/pod/show/dont-go-broke-trying/message
Moving From Nigeria To Canada With $650, A Plan & A Dream ft. Olu of Canada
21-07-2023
Moving From Nigeria To Canada With $650, A Plan & A Dream ft. Olu of Canada
Olu of Canada is on the podcast teaching us how to not go broke trying to immigrate to Canada. He moved from Nigeria to Canada with just $650 in his pocket, and was able to complete his phd, get his Canadian citizenship, and is now thriving, financially and otherwise. Olu has built a platform that helps people from all over the world immigrate to Canada and navigate the complex process of applying for visas, studying in Canada, and finding work. In this episode, he shares the 100 pathways you can use to move to Canada, the most cost-efficient ways to move, mistakes to avoid on your immigration journey costly, and much more. Watch this episode on YouTube: https://youtu.be/8FO01Xa9BTI Submit your coinfession anonymously here: https://forms.gle/ygo7qBLS1ArESbUZ8 Connect With Olu! IG: @olufemiloye Twitter: @olufemiloye Join Olu's Japa Group: https://olufemiloye.ca/welcome-to-olus-free-immigration-group-ojc/ Connect With Us! Follow the podcast on Instagram: @dontgobroketrying Follow Reni on Instagram: @xoreni Watch the video podcast on YouTube: Don’t Go Broke Trying Follow on TikTok: @dontgobroketrying Follow on Twitter: @DGBTPod #DGBTPod Disclaimer: The views and opinions shared on this possible are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing. --- Send in a voice message: https://podcasters.spotify.com/pod/show/dont-go-broke-trying/message
Coinfessions: Content Creation, Saturated Niches & Scams
07-07-2023
Coinfessions: Content Creation, Saturated Niches & Scams
In this episode, Tosin & Reni answer your 'coin' confessions surrounding all things content creation, influencer marketing scams, and payment for brand deals. Watch this episode on YouTube: https://youtu.be/tV90_Gz59_A Submit your coinfession anonymously here: https://forms.gle/ygo7qBLS1ArESbUZ8 Connect with Tosin!IG: @thetosinolaniyiTwitter: @TheTosinOlaniyiTikTok: @TosinOlaniyiYouTube: @TheTosinOlaniyiLearn more influencer tips: @TheInfluencerGodMother Connect With Us! Follow the podcast on Instagram: @dontgobroketrying Follow Reni on Instagram: @xoreni Watch the video podcast on YouTube: Don’t Go Broke Trying Follow on TikTok: @dontgobroketrying Follow on Twitter: @DGBTPod #DGBTPod Here are the coinfessions we answered: Coinfession 1 - A brand wants to send a gadget, should I accept it? (Listener write-in)Coinfession 2 - Do you really think content creation is a sustainable career choice? (Listener write-in)Coinfession 3 -Sister offered influencer deal on Instagram - scam? (r/Scams)Coinfession 4 - Am I The Asshole for breaking a girl's camera and then asking her for money? (r/AITA) Coinfession 5 - How much is a rasonable rate for a social media influencer? (r/Marketing)Coinfession 6 - What advice would you give to someone who feels that the niche they want to create content on in saturated? (Listener write-in) Coinfession 7 - I want to start content creation but I have no money - where do I start? (Listener write-in) Disclaimer: The views and opinions shared on this possible are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing. --- Send in a voice message: https://podcasters.spotify.com/pod/show/dont-go-broke-trying/message
Influencer Was Paid $45,000 To Post ONE Instagram Reel?! ft. Tosin Olaniyi
23-06-2023
Influencer Was Paid $45,000 To Post ONE Instagram Reel?! ft. Tosin Olaniyi
On this episode of "Don't Go Broke Trying," we're joined by THE Tosin Olaniyi, an influencer and influencer marketing manager who has seen the industry from both sides. She has worked with brands like Cerave and Coca-cola, and seen campaigns with million dollar budgets. If you're thinking about becoming an influencer or want to learn more about the industry, this episode is a must-listen. Tosin shares her insights and expertise on how to not go broke trying to become an influencer, from building your personal brand to creating content that resonates with your audience to working with brands and negotiating fair compensation. She'll discuss the biggest mistakes that new influencers make, the largest deals she has seen, when the right time is to get a manager, how to stand out in a crowded market, and how to avoid burnout and stay authentic to your values. Whether you're a budding influencer or just curious about the industry, this episode offers practical tips and strategies for building a successful and sustainable career as an influencer. Watch this episode on YouTube: https://youtu.be/7TeoKGGYRZghttps://youtu.be/7TeoKGGYRZg Connect with Tosin! IG: @thetosinolaniyi Twitter: @TheTosinOlaniyi TikTok: @TosinOlaniyi YouTube: @TheTosinOlaniyi Learn more influencer tips: @TheInfluencerGodMother Connect With Us! Follow the podcast on Instagram: @dontgobroketrying Follow Reni on Instagram: @xoreni Watch the video podcast on YouTube: Don’t Go Broke Trying Follow on TikTok: @dontgobroketrying Follow on Twitter: @DGBTPod #DGBTPod Disclaimer: The views and opinions shared on the podcast are for informational an educational purposes only. This is not financial advice. Always do your own research and due diligence, and consult a professional for personalized advice. --- Send in a voice message: https://podcasters.spotify.com/pod/show/dont-go-broke-trying/message