Financially Incorrect

Financially Incorrect

Money doesn't have to be intimidating. The Financially Incorrect Podcast is a fun and informative way to learn about personal finance. Host Barrack Bukusi debunks money myths and reveals the truth behind common misconceptions. Join him with a different guest every week as he helps you achieve your financial goals.

  1. 2 days ago

    I Raised $1M.Then Couldn't Afford KES 500 | Kevin Mutiso

    What does it take to rebuild financially, professionally and personally after a business you have invested everything in collapses?Kevin Mutiso's relationship with money and business started quite early. While still in Form Two, he was buying shares in Kenya Airways. By 19, he was managing investment portfolios for some of Kenya's top CEOs. He went on to build Alternative Circle, a fintech venture that secured US$1 million in investment, only to face technology challenges, fraud, mounting costs and the disruption of COVID-19.The consequences extended far beyond the business. Kevin had to sell his home, cars and personal belongings, confront significant debt and rebuild his life with the support of his family and wife. In this conversation, he opens up about the decisions, assumptions and business practices that contributed to the collapse, including the lessons he has carried into his next venture.Today, he is building Oye, a financial services platform designed around the needs of boda boda riders. What began with personal accident cover has expanded into fuel credit and merchant services, with a bigger ambition to help riders build financial resilience and eventually participate in the ownership of the business.---------------------------------------------------------------------------------------------------------------------------------------Financially Incorrect Live Early Bird Tickets Still Available Get Yours Here: https://mookh.com/financiallyincorrectlive/Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 – Introduction & Community Update00:00:26 – Expanding Audience Across Africa and Beyond00:00:44 – Upcoming Financially Incorrect Live Event Details00:01:39 – Early Life: Family Support and Dad’s Offer00:02:09 – Kevin Mutiso’s Background & Role in African Fintech00:02:32 – Early Entrepreneurship: Selling Secondhand Phones00:02:50 – Journey in Microfinance and Lending Insights00:03:15 – Challenges Building Alternative Circle00:04:01 – Supporting Family through Difficult Times00:04:52 – Kevin’s Podcast: Let the Cake Bake00:06:33 – Kevin’s Fintech Vision and Industry Impact00:08:21 – Creation and Evolution of Oye for Boda Riders00:54:42 – Securing Initial Investment for Alternative Circle01:02:39 – $1 Million Funding Deal and Its Significance01:57:58 – Scaling Oye: Business Growth and Future Plans

  2. 5 days ago

    From Making Kitenge Earrings to A Self-Funded RWF 15M Art Center |Jemima Kakizi |Rwanda Edition

    Jemima Kakizi was already earning from her art before she graduated from university. But when the momentum slowed after graduation, she had to rethink what building a career in the creative industry actually required. In 2017, she took an entry level internship despite feeling that she should have been further along. The experience exposed her to grant applications, open calls, partnerships and professional communication. Skills that extended beyond creating art would become relevant as she developed her work as an artist, curator and founder of Impundu Art Center, a creative space in Kigali that has required an estimated RWF 10 million to RWF 15 million investment.In this episode of Financially Incorrect Rwanda Edition, Jemima reflects on the financial realities of a creative career, from paying her university fees through commissioned artwork to navigating inconsistent income, experimenting with hand painted T shirts during COVID, and learning to charge for curation. She also explains why generating opportunities does not always translate into profit, how negotiation changed the way she approached creative work, and how her income is distributed across artistic work, curation and speaking. What does it take to move from being good at your craft to building a sustainable business around it?---------------------------------------------------------------------------------------------------------------------------------------Get Financially Incorrect Live Early Bird Tickets Here: https://mookh.com/financiallyincorrectlive/Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Jemima Kakizi and the Business of Art29:52 The Financial Reality After Graduation36:15 Why She Took an Entry Level Internship39:47 The Skills She Learnt Beyond Art42:37 Art, Curation and Advocacy48:26 Why She Started Curating for Free51:52 The Hidden Costs of Curating58:25 Creating Value Does Not Guarantee Profit01:05:44 Learning to Negotiate Her Value

  3. 23 Oct

    25 Years, Multiple Awards, One Admission: Architecture Would’ve Paid More | Nameless

    A hit song can make you famous. But does it make you wealthy?For Kenyan music legend Nameless, the answer depends on what happens after the song takes off. A major hit can transform an artist’s earning power, open up new markets and bring opportunities that once seemed out of reach. But a good song does not guarantee commercial success, and even a successful career can leave an artist vulnerable when demand slows down.In this episode of Financially Incorrect, Nameless breaks down the economics behind a career in music. He explains the difference between a good song, a hit and a mega hit, and why songs such as Ninanoki and Sinzia had a lasting impact on his career. He also reflects on the unpredictability of music income, the cost of producing music, and why the attention around a song can disappear much faster than it once did.Beyond the music, this is a conversation about building financial security in an industry where income is rarely guaranteed. Nameless shares the thinking behind his approach to investments, how he and Wahu prepare for quieter seasons, and what a period of declining demand taught him about the value of his work. He also opens up about the economics of putting on a concert, the possibility of selling his music catalogue, and why he believes he might have made more money as an architect.---------------------------------------------------------------------------------------------------------------------------------------Get Financially Incorrect Live Early Bird Tickets Here: https://mookh.com/financiallyincorrectlive/Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Introduction: Nameless and the business of music02:30 Growing up learning to live within your means07:00 From a KSh 4,700 salary to music12:00 The first car and early money decisions17:00 How Ninanoki changed his career23:00 The difference between a hit and a mega hit29:00 How Sinzia opened up new markets35:00 Why a hit song does not guarantee wealth41:00 Making money beyond music47:00 Building investments for the quiet seasons53:00 The real economics of putting on a concert59:00 Why ticket prices can make or break an event01:05:00 When the music industry stopped calling01:10:00 The health scare that changed his priorities01:15:00 How brand partnerships became another income stream01:20:00 Could architecture have made him more money?01:25:00 The problem with music royalties in Kenya01:30:00 Would he sell his music catalogue for KSh 300 million?01:35:00 How AI could change the value of music01:40:00 Why live performance may matter more01:44:00 Reinvention, legacy and the next chapter

  4. 21 Oct

    She Lost Her Business, Then Built a Creative Brand From Wood Scraps | Dorin Natukunda | UG Edition

    Doreen Natukunda Opio spent nearly eight years trying to rebuild her livelihood after losing her first business. From selling T-shirts and household items to experimenting with handcrafted art, she struggled to find her footing until COVID-19 opened an unexpected opportunity. Using leftover wood offcuts and the power of social media, Dorin built Art Kadowaz into a creative studio serving clients across East Africa. But growth came with expensive machinery, rising production costs and a major equipment failure that nearly brought the business to a standstill.In this Financially Incorrect Uganda Edition, Dorin shares the realities of turning creativity into a profitable business, investing UGX 53 million in machinery and running a company that supports her family, even though she and her husband don't draw formal salaries.------------------------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT------------------------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Introduction 02:45 Meet Doreen Natukunda05:55 Growing Up in a Family Business09:57 Starting Her First Business18:22 Losing Her Business & Starting Over22:00 Motherhood & Financial Setbacks28:15 Eight Years of Finding Her Way Back31:25 How COVID Changed Everything35:54 Building Art Kadoras Through Social Media40:19 Turning Wood Offcuts Into Profit45:01 Scaling Production & Investing in Machinery52:51 Landing a Major International Contract57:24 Growing the Business & Finding Customers01:08:34 Rising Costs & the UGX 53M Machine Crisis01:17:45 Financial Success & Running a Business Without a Salary

  5. 18 Oct

    How Kevin Kamau Built a Successful Agribusiness in Africa | Business Edition

    How do you build an agribusiness managing nearly 5,000 acres across Africa without owning the land? When Kevin Kamau returned to Kenya in 2015 after a decade in the US, he struggled to find employment and turned to farming with no personal capital. What began with one acre of family land grew into Tukalime Ventures, an agribusiness operating across Kenya, Rwanda, Mozambique and Nigeria. But growth came with expensive lessons. Failed harvests, rising production costs and delayed payments from large buyers exposed the financial risks of commercial farming. At one point, Kevin turned down a senior role offering up to KSh 1 million a month to continue building his business, eventually securing a proposed $100,000 investment that opened the door to expansion.In this Financially Incorrect Business Edition, Kevin breaks down the economics of commercial farming, why leasing land makes more sense for his business than owning it, how commodity trading helps manage risk, and the partnerships that enabled Tukalime to scale.---------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Introduction02:29 Welcome to Financially Incorrect05:28 The Risks of Agribusiness09:06 Family, Inheritance & Generational Wealth16:08 Life in America21:08 Returning to Kenya25:41 Starting Farming With Zero Capital32:33 How Tukalime Ventures Started37:24 Farming Failures & Financial Lessons43:25 Finding Customers & Growing the Business46:35 The Cash Flow Problem55:30 The KSh 1 Million Job Offer59:00 Securing a $100,000 Investment1:03:15 Choosing Business Over Employment1:05:40 Building a Scalable Agribusiness

  6. 16 Oct

    How Kenya's Entertainment Pioneer Made Millions, Fell Into Debt & Rebuilt His Legacy | Fakii Liwali

    Fakii Liwali spent decades helping shape Kenya's entertainment industry, working with some of the country's biggest artists and corporate brands. From Homeboyz and Capital FM to Coca-Cola and managing artists like Nyashinski, he built a successful career behind the scenes. But despite earning millions and building a reputation that opened doors, his journey with money was far from straightforward.Fakii reflects on dropping out of college, building a career without formal qualifications and rising from a KSh 5,000 salary to earning over KSh 450,000 a month. He shares how producing the Kenyan movie 40 Sticks for approximately KSh 8 million left him KSh 5 million in debt, the financial hardships that followed, and the lessons he learned about managing creditors, taking risks and rebuilding financial stability.---------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 - Introduction: Fakii's Money Story05:30 - Dropping Out of College to Support His Family09:34 - His First Experience With Forex15:36 - Breaking Into Kenya's Entertainment Industry27:10 - Starting at Homeboyz on KSh 5,00032:25 - Building the Homeboyz–Sprite Partnership38:11 - Selling Kenyan Music Before Streaming43:52 - Making Money Managing Kenya's Biggest Artists48:22 - Making Money From Election Campaigns55:00 - Why Kenyan Artists Undervalue Their Work01:00:14 - Climbing the Corporate Ladder Without a Degree01:22:50 - The KSh 8M Cost of Producing 40 Sticks01:43:45 - Surviving Debt and Financial Hardship02:05:26 - How His Name Became the Capital Behind Kulture02:18:28 - His Biggest Money Regret and Lessons on Wealth

  7. 13 Oct

    Why Leaving a Top Banking Job Was His Best Investment | Kevin Rudahinduka | Rwanda Edition

    What would make a senior banking executive walk away from career security to return to university while supporting a family? For Kevin Rudahinduka, the decision meant rethinking how he financed his future, adjusting his household expenses and finding alternative income, including renting out his car. In this Rwanda Edition of Financially Incorrect, Kevin reflects on the early experiences that shaped his relationship with money, from losing his mother at 14 to learning resourcefulness, pursuing education and building a career across financial services.As CEO of Eden Care Healthcare Rwanda Limited, Kevin also shares lessons from his work in microfinance, digital banking and healthcare insurance. He explains how technology helped lending officers reach borrowers through mobile money, why access and trust matter in insurance, and how Eden Care grew from approximately RWF 700 million to RWF 6 billion in three years, according to his account. The conversation explores career risk, family responsibility, financial decision making and the business of making financial services more accessible in Rwanda.---------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Introduction05:23 Hiking, Reflection and Decision Making10:24 Losing His Mother and Learning Financial Responsibility21:29 How Microfinance Reached Underserved Borrowers41:51 Taking Banking Beyond Cash52:40 The Property Investment He Delayed57:09 Leaving Banking to Pursue a Master’s Degree01:27:43 How Eden Care Grew From RWF 700M to RWF 6B01:30:50 Why Insurance Access and Trust Matter01:34:07 Kevin’s Lessons on Money, Family and Investing

  8. 9 Oct

    From Sauti Sol's Musical Director to Building His Own Music Path | Mutoriah

    From playing keyboard at church for KES 5,000 a month to becoming Sauti Sol's musical director and building his own music ventures, Mutoriah's career has been shaped by a willingness to keep creating beyond the opportunities already available to him.In this episode of Financially Incorrect, the Kenyan musician and producer opens up about the decisions behind his journey, from working with one of the country's most recognised bands to developing music experiences of his own. He shares the lessons he learnt from early business ventures, how his hit song “Beta” changed his performance bookings, and why building a sustainable music career takes more than making good music.We also explore the thinking and investment behind projects such as Nikili Sessions and Mutoriah and the Orchestra, and what it takes to turn a creative idea into an experience people are willing to pay for.---------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Introduction03:42 From Playing Keyboard at Church to Earning KES 5,000 a Month08:16 Finding His Place in the Music Industry13:35 How His KES 1.5M Studio Budget Dropped to KES 150K18:42 Learning to Start With What You Can Afford23:57 The Cost of Getting Business Decisions Wrong27:35 His Journey as Sauti Sol’s Musical Director34:18 Building a Career Beyond an Established Band41:06 The Business Ideas He Tried Outside Music49:05 What Failed Investments Taught Him About Money55:23 Turning Music Into Experiences Through Nili Sessions1:02:14 Building an Audience Beyond the Song1:08:36 The Cost of Staging an Orchestra1:15:59 What a Hit Song Actually Earns1:21:18 How “Beta” Took His Monthly Gigs From 2 to 151:26:10 Building His Own Path in the Music Industry

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Money doesn't have to be intimidating. The Financially Incorrect Podcast is a fun and informative way to learn about personal finance. Host Barrack Bukusi debunks money myths and reveals the truth behind common misconceptions. Join him with a different guest every week as he helps you achieve your financial goals.

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