My name is Chinazom Chidolue. I am a 23-year-old, Nigerian-Canadian and I am building a financially literate generation; a generation actively working towards financial freedom.
When I was 17, I moved to Canada from Nigeria; leaving my family and friends behind. I was excited to begin a new journey and I expected to deal with issues other teenagers my age experienced. The one thing I was not prepared for was learning a new way of doing things all by myself. My parents were not familiar with the Canadian system and they were unable to give me the money advice I desperately needed.
Money is a taboo subject, one that needs to be discussed more often. Not having the opportunity to learn from my parents meant that I made a lot of mistakes. It meant that I did not understand how credit cards worked and as a result, I racked up credit card debt that took what seemed like forever to pay off. It meant that when I first approached a financial advisor at my local bank to start investing the $800 I had saved, I believed him when he said I was too poor to invest.
Two years later, I have finally learned the essentials of personal finance that most millennials don’t learn in school: how to save, prepare a budget, pay taxes, and diversify income by earning money outside of my full-time job as an auditor at a Big 4 Professional Services firm in Toronto. I have also learned how to invest (I now know that one can start investing with a lot less than $800). Most importantly, I learned that the issues I faced were not because I was an immigrant. In fact, most people are not financially literate – only 26% of millennials in Canada are!
I used to wonder; “What if young people were taught how to manage their money or make their money work for them?” “What if more people knew how to become financially independent.” Being the curious person I am, I changed my “What If’s” to “Why not”, by creating Investment Conversations.
On InvestmentConversations.com, I share practical tips and tricks to help millennials build, retain and grow their wealth. I write not only about saving and budgeting, but also about creating and maintaining wealth to increase ones net worth because I believe MILLENNIALS CAN DO MORE THAN JUST SAVE; WE CAN BUILD WEALTH.
Chinazom Chidolue is a personal finance blogger and an accountant. Growing up in a household with entrepreneurial parents, she developed a keen interest in business and finances. This interest led her to attend business school and in 2015, she graduated from Carleton University, Ottawa with a Bachelor of Commerce in Accounting, with Distinction.
After her graduation, she started her career as an auditor at a Big 4 Professional Services firm in Toronto, Canada; where she is currently in training to obtain her Chartered Professional Accounting (CPA) designation.
While speaking to her friends about money, she noticed that many millennials had no guidance when it came to their finances. She chose to fill this gap by creating a platform to encourage millennials to take control of their finances and become the CFOs of their financial futures.
Chinazom combined her background in accounting and her passion for financial literacy and founded Investment Conversations: a personal finance blog which was created to help millennials take control of their personal finances by breaking down complex money topics into easily understandable and fun concepts. Investment Conversations has been featured by AOL as part of their Finance Collective – a group of trusted voices covering personal finance, careers, small business, industry trends, and real estate.
In her spare time she enjoys meeting new people, reading, listening to podcasts and volunteering with various organizations in Toronto.
Here’s hoping you stick around to follow me on my journey to financial independence. I love hearing from IC readers, so please leave comments or send me an email at firstname.lastname@example.org