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. 12H AGO

    From Illiterate Teen to Managing $1.3B portfolios | Aeko Ongodia| Uganda Edition

    At 12 years , he could barely read. Years later, he was managing $1.3 billion in public funds. Aeko Ongodia’s story is not motivational. It is structural, he grew up in Entebbe, missed six years of formal schooling, and was kicked out twice. Nearly illiterate as a teenager, he taught himself to read using discarded books and relentless repetition. That discipline would later carry him into institutional finance, where he managed $1.3 billion at the Bank of Uganda and the National Social Security Fund Uganda. Then he walked away.In this Uganda edition of Financially Incorrect, we unpack how he saved $60 a month on a $200 salary, traveled by bus to invest at the Nairobi Securities Exchange during a historic bull run, and used those early gains to fund further education. We explore why he left a secure institutional career to build Zeno Investment Management, an automated investment platform designed to make professional portfolio management accessible from as little as $3, and how he went further to build regulated pull payment infrastructure to automate recurring investing across East Africa.This is not simply a founder’s journey. It is a story about building financial rails in a market where only a few hundred people once had active private investment accounts. Money, he argues, is freedom. But freedom at scale requires systems.---------------------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: ⁠https://lnk.bio/Financially_Inc💹 Ready to start trading?🔍 Who is FXPesa: ⁠https://shorturl.at/rWFqC⁠🎓 Learn how to trade: ⁠https://shorturl.at/xR2Ye⁠📊 Try a demo account: ⁠https://shorturl.at/izDMc⁠💸 Open a live account: ⁠https://shorturl.at/Od2ux

    1h 45m
  2. 4D AGO

    How Wixx Mangutha Built a Creative Business

    The creative industry often looks effortless from the outside. Viral content, brand partnerships, and online visibility create the illusion of overnight success. But behind every creator is a financial journey shaped by risk, loss, and long term discipline.In this episode of Financially Incorrect, we sit down with Wixx Mangutha, a two time award winning animator and Pulse Art influencer building one of Kenya’s fastest growing creative studios.Wixx shares how her financial perspective was shaped after her family lost their home in a devastating fire, forcing a sudden shift from stability to survival. From collecting plastics to support her family to earning her first major creative payday of KES 180,000, her journey reveals how fragile financial progress can be.Despite graduating with three first class degrees, she struggled with career alignment before fully committing to art, supported by her husband Walter through periods of inconsistent income and personal loss.The conversation explores the business of creativity in Kenya, from early brand deals paying as little as KES 10,000 to professional rate cards exceeding KES 250,000 per project after hiring management, building a production team, and investing in studio infrastructure. Wixx also reflects on losing nearly KES 1 million through informal investments, underscoring the importance of contracts and financial structure.A defining milestone came when she served as Creative Director for the U.S. Embassy’s 60th anniversary celebration in Kenya, leading a 21 person team and transitioning from creator to creative entrepreneur.Beyond revenue growth, Wixx discusses shared finances in marriage, diversification into real estate and business ventures, investing in people before profit, and her long term vision of building Wixx Studios into Africa’s leading animation ecosystem.----------------------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: ⁠https://lnk.bio/Financially_Inc💹 Ready to start trading?🔍 Who is FXPesa: ⁠https://shorturl.at/rWFqC⁠🎓 Learn how to trade: ⁠https://shorturl.at/xR2Ye⁠📊 Try a demo account: ⁠https://shorturl.at/izDMc⁠💸 Open a live account: ⁠https://shorturl.at/Od2ux-------------------------------------------------------------------------------------------------------------------------------------------------

    1h 53m
  3. FEB 24

    How I quit Corporate to Start Blooming K| Becky Kibe

    Corporate paid her KSh 140,000 per month. She quit to sell flowers.In this episode of Financially Incorrect Business Edition, Becky Kibe Mureithi, founder of Blooming K, breaks down the real numbers behind building a floristry business in Kenya.In just two years she has sold over 700 bouquets and gift packages, opened a physical shop on Kimur Road, generated KSh 350,000 in one Valentine’s Day, and also lost KSh 60,000 in a single day from spoiled flowers and delivery chaos.We unpack how florists actually make money, why events and classes outperform daily bouquet sales, and how underpricing cost her more than KSh 100,000 in her first year. Becky explains flower price volatility, where stems can range from KSh 20 to KSh 130 plus, the hidden costs most creatives ignore, and how she used short term credit to finance large wedding orders.Now targeting KSh 2 to 3 million in annual revenue and planning expansion to Mombasa, she shares the systems, staffing decisions, and cash flow discipline required to survive in a seasonal product business.---------------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: ⁠https://lnk.bio/Financially_Inc⁠💹 Ready to start trading?🔍 Who is FXPesa: ⁠https://shorturl.at/rWFqC⁠🎓 Learn how to trade: ⁠https://shorturl.at/xR2Ye⁠📊 Try a demo account: ⁠https://shorturl.at/izDMc⁠💸 Open a live account: ⁠https://shorturl.at/Od2ux---------------------------------------------------------------------------------------------------------------------------

    1h 17m
  4. FEB 20

    How I Built My Career as an Architect in Kenya & the U.S | Henry Musangi| Henry Musangi

    Architecture looks glamorous from the outside. Towering buildings, real estate booms, billion-shilling developments. But how much do architects actually make in Kenya? In this episode, we sit down with Henry Musangi, architect and Managing Director at Planning System Services Limited, to unpack the financial reality of building a career in architecture both in Kenya and the United States. From earning $50,000 a year in the U.S., surviving the 2009 global recession, and returning to Kenya with limited savings, to restarting his career and eventually leading a firm with over KES 100 million in annual operating costs.Henry shares the long game behind professional success. We discuss graduate and senior architect salaries in Kenya, how architecture firms actually make money, why projects can take five to ten years from concept to completion, and why real estate booms don’t necessarily translate into wealth for consultants. Henry explains the financial pressures within the industry, the cash flow challenges of running a professional services firm, and why managing director compensation depends entirely on value creation and firm performance. The conversation also touches on building collapses in Nairobi, developer pressure, and the shared accountability across the construction ecosystem. Beyond the numbers, Henry reflects on humility, financial discipline, credit card lessons, prioritising staff over personal income, and the cost of ambition on personal life projects.Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🔍 Who is FXPesa: https://shorturl.at/rWFqC🎓 Learn how to trade: https://shorturl.at/xR2Ye📊 Try a demo account: https://shorturl.at/izDMc💸 Open a live account: https://shorturl.at/Od2ux

    1h 38m

Ratings & Reviews

5
out of 5
2 Ratings

About

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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