How to save money for the things you want, with Urenna Okonkwo

Many of us have never been taught how to manage our money, this includes how to budget and how to plan for the future, but also how to save in the short term for the things we really want. My guest today is Urenna Okonkwo who started her career as a financial advisor helping wealthy clients to manage their money. Today she is the CEO and founder of Cashmere -  an app that is helping young, aspirational consumers learn how to save through setting up a virtual piggy bank, enabling them to make guilt-free luxury purchases and to help them to save for the lifestyles they desire. Cashmere is empowering consumers to manage their finances by making considered purchases, turning them away from fast fashion and instant gratification, and developing their saving skills through planning.  It was fantastic to hear about Urenna’s incredible journey from working in finance to becoming a female entrepreneur in the e-commerce and Fintech space. In today’s episode, she shares some of the challenges she has faced in launching Cashmere, and her experience in gaining funding for the platform as a young black female. We also take a look at the future of saving, with some of the innovative solutions that are on the horizon and discuss the power of collaborative saving.You can follow and connect with Urenna at: Cashmere: https://www.cashmereapp.co.uk/Twitter: https://twitter.com/urennalexa and https://twitter.com/Cashmere_HQ Instagram: https://www.instagram.com/urennaoUrenna shared some resources in this episode. All the links are below:WealthSimple: www.wealthsimple.com PensionBee: https://www.pensionbee.comStepladder: www.joinstepladder.com You can learn more about Vestpod and subscribe to our newsletter here: https://www.vestpod.com. You can follow us on Instagram @vestpod and join our Facebook group. My book is available to purchase from Amazon and your favourite bookshop.* Please note that we are not certified, financial advisers! The articles and information made available on Vestpod and this podcast are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.* Hosted on Acast. See acast.com/privacy for more information.