Odetoyinbo stop her full-time advertising and marketing job at a Large Six financial institution a 12 months later, after she realized she was making an influence within the private finance world. “There wasn’t a lot illustration of Black Canadian girls within the house,” says Odetoyinbo, who is predicated in Toronto.
In 2022, she launched the #ReniReturnsChallenge, a web-based accountability group, to assist her followers keep on with their monetary plans. The group’s 100 members collectively saved $935,000 over one 12 months and made a sizeable dent of their money owed. When you’ve got #moneygoals of your individual, learn Odetoyinbo’s investing, budgeting and saving ideas.
Who’re your monetary heroes?
My monetary hero is my dad. He began instructing me about cash after I was solely 4 years outdated. He taught me make investments from the age of 18. My dad and mom gave me a monetary leg up by educating me from such an early age, and I might be perpetually grateful.
What’s your cash philosophy?
My cash philosophy is to pay your self first. This implies placing your cash in direction of your objectives, like saving and investing, earlier than anything. It has benefited me immensely.
What’s your subsequent cash objective?
I’d love to succeed in a degree the place I can have a work-optional life. The place my investments are comfortably funding my life.
What’s one thing you “deal with your self” to, that you simply don’t thoughts splurging on?
I’ll at all times deal with myself to a pleasant trip or a very good meal! The boundaries don’t exist in relation to these two issues.
What’s your favorite possession?
My passport. Up to now I’ve been to 34 nations, and I hope to go to many extra.