The Real Reason Migrants In UK Live Paycheck to Paycheck - Avoid These 7 Money Mistakes!

[@ChideraPeters]

Hi fam, here's the detailed video on everything you need to know about saving for your first house in the UK with a Lifetime ISA kzbin.info/www/bejne/sJzPo2eLrZKoY7s

[@relocationtips4]

I create content on Passive income we can collaborate

[@adenikeorelaja827]

Pls which High Yield Savings do u use that gives you over £100 monthly pls… kindly help us drop the link pls. I want to believe this is different from ISA… pls correct me if am wrong. Thank you. Hope to hear from u.

[@UgochiOkoronkwo]

I have a plum account but my question is how can I save monthly instead of their weekly debit in place

[@Raetalkss]

We need to remember several Black African give a lot of remittance back home. They are also more likely to invest in Africa in the UK. One thing that these stats do not factor in enough, is the start is different. Black African are more likely to work low income jobs compare to others. People tend to opt for low income jobs as they are easier to get. However, I know in the next 7- 15 years these stats will change drastically because people are waking up. Knowledge is power, many Africans in the West do not readily access the correct information. But when they do, they thrive more than some of the natives.

[@ChideraPeters]

I agree 🙌🏽

[@Soton-E]

… Well worth bearing in mind that we are NOT comparing like for like…For example many ‘native white English people’ get a huge helping hand from parents and/or grandparents to launch into adulthood eg first car, marriage expenses paid for, contribution made towards their first home deposit - to name but a few…. But Black Africans of the second generation England are steadily providing these leg-ups to their children… 🌻

[@2ru2pacFan]

You can put Asians in that same category with the blacks too.

[@irene4770]

Excellent analysis ❤

[@YouAreJel]

​@@Soton-EI am Indian which i believe has the highest wealth per household of the groups and what you said is true and is actually essential. Helping your family is essential whether that be helping your children study and learn and instilling discipline and curiosity in them at an early age, to helping them with their first home deposit or with career guidance. Even other things such as focusing on your relationship so that the children have a stable family and focusing on your own pensions and savings+ health so that they don't have to look after you in your old age. All these things help set them up for success and it is such a wonderful thing to help the next generation and see them flourish.

[@mantseakai]

1. Being too dependent on credit 2. Not building wealth in the UK 3. Not having an emergency fund 4. Not having passive income strategy 5. Not investing 6. Not planning for retirement 7. Lack of financial planning 8. Black tax

[@fastfinger5479]

Thank you. Good points. And I will like to add that. Visa fees, ihs fees, ILR fees, passport application fees when you get to that point all contribute to keeping you poor. You are hardly able to save but expected to pay thousands of pounds for visa renewals, ihs, ilr and passport.As long as you are not settled yet, it's going to be hard to keep any money.

[@abdulidi733]

Chai this info na ginger!

[@princepaajcy8370]

@@abdulidi733Lol😂😂😂..they don’t know

[@JosephKanu-w2b]

I would like to join one of you classes on making money online please..

[@wazuriiicreations7390]

@@fastfinger5479 that whole process itself is an investment.

[@dayko1329]

Giving all your time and resources to the church! That is a migrant problem if you ask me

[@GloriaQuansah]

First off video quality!!💯and you’re looking good!! Solid advice! Thank you for your content always!

[@ChideraPeters]

Aww, I appreciate that! Thanks for watching ♥️

[@nathalielady2592]

Excellent video! At least 2000 pounds to start with the 1st month. Life is expensive. At least 3 months savings will bring you a sense of security (not panicking if you loose your job), 6 months will bring you peace of mind, you will sleep better. Put that money aside and forget you have it, until you have a major personal emergency.

[@chideramadukwe1267]

I agree, the majority of us send money home. We tend to prioritise others at home. Unfortunately, a lot of us end up in jobs that we are over qualified for for too long, which then limits the income we have available to build wealth.

[@ChideraPeters]

Facts 🙌🏽

[@henryo2596]

Well said! Very apt

[@carolineojo]

Yes please. Make a video on Plum and other savings medium. Also wealth creations medium for passive income

[@rodgers3215]

Another contribution to poverty in black African is too much dependant on them by their families back home.

[@jacobomar2707]

Many of us Africans constantly send money back home to build houses we may never live in. Meanwhile, we live with our families in small, cramped council housing, often wondering why our children are struggling, getting involved in crime, or ending up in the prison system.

[@phosoa8965]

my friend that was almost enough to not speak to my parents again when i found out its been goin on since i was born in the late 80s even to now, imagine these are the same parents who felt ashamed i paid for my own driving lessons an aquired my license and bought my own car in the second year of uni. I said what did u you expect me to do wait for you lool whilst gang violence was rampant 05-10 and to make it worse they was well aware of the streets as they were glued to bbc news at 6pm and 10pm everyday!!!!!!! and still are

[@sunny-xu6vz]

The frequency and method of sending money home are personal decisions. You have the option to make sacrifices. You dont hurt yourself helping others. More blessed to give!

[@Barshep]

Interesting take here. Interested in the passive income strategies you currently personally use successfully (not just ideas) especially for professionals with a full time 9-5.

[@delphineetame6540]

Very teaching video. I wish you talk more on plum cash ISA.

[@ogunkayodeoluwatosinstephe5112]

You have just won yourself a new subscriber....Great content! Thanks for enlightenment

[@anthonyuzum]

Well done Chidera 👏🏾👏🏾 for making this video. I’ve forwarded this to my friend groups because I tell them all the time about Pensions & investing but most don’t listen. Please keep it going and let’s inspire more people to become financially savvy.

[@ChideraPeters]

Thanks for sharing with your circle ♥️🙏🏽

[@MrNkyphil]

Just followed. many thanks for the video. please can you do a video on passive income.

[@onomeakpovi7360]

Thank you for the video! Could we also get one covering the different side hustles we can do, please.

[@Ayomikunoyedokun]

Thank you Chidera found a lot of value, your video really did justice to your title. Thanks

[@ChideraPeters]

Glad to hear that!

[@ngnessa1734]

Yes please make a video on all the passive income ideas one can go into

[@Nonye_oj]

Great vid! Just to add, even if you go back to Nigeria you can still claim your pensions. Also remember to consolidate your pension pots. If the fine prints are exhausting for you to read, call your pension operators and ask questions. Ask for the conversation to be sent to you via email. Hope it helps!

[@priscadike7078]

What do you mean by consolidating the pension pots???

[@minaeregoba4649]

Thank you Childera. Very helpful tips❤. God bless you

[@lucybe6517]

Thanks, PETER'S I NEVER GET THIS FANANCIAL ADVICE, BUT U MADE IT SO EASY FOR ME TODAY AND I HAD TO SUBSCRIBED THANKS A LOT. ❤❤

[@ChideraPeters]

Awwww glad to hear this! And you’re most welcome ♥️♥️

[@MariamIdris-m9d]

Awww Chidera you are really doing so well. Thanks always for your detailed and honest contents. Love you a lot.❤

[@TemiladeSoyoye]

great advice, the only concern i have with side hustle e.g. youtube , selling, etc is the visa restrictions on it for skilled worker visa, thats why the passive income and high yield one you mentioned seems like the safest bet for now

[@ChideraPeters]

Aha makes sense

[@NuellaIbrahim]

I just boomed on your page and i must say God brought me here. Started with money mistake you should avoid and had to subscribe. Thanks for this. Please i want the ISA video and Passive income. Thanks

[@ChideraPeters]

So great to have you here! Welcome and yes I’ll shoot the videos ✨✨♥️

[@ChideraPeters]

Hi, here's the video on Lifetime ISA kzbin.info/www/bejne/sJzPo2eLrZKoY7s

[@nguyimanmonte]

Hi Chidera, Thanks for your videos. Very insightful and yeah, I have implemented all savings plans you’ve talked about from just watching your videos for 3 days. Subscribed here and Instagram. God bless you.

[@ChideraPeters]

Awww so good to have you here and thank you! ♥️♥️

[@Nonye_oj]

If you think you have been procrastinating setting up a money tracker, download your statement. Print it if you can, when you see the fubds flowing through you. You'd decide if you need to get your act together.

[@igbinx]

Thanks for the knowledge ❤🎉

[@tas655]

Thank you for this. I need to caution myself and start saving

[@tdot4952]

Very useful ❤

[@yvonnenamwila6731]

I really appreciate your videos. Profound and educative. Thank you

[@Adefeminist]

This is super helpful 🙏🏾

[@middlechamber3574]

I really enjoyed your video. I am not a migrant (but then again), however, your advice is relatable to my own life and is universal. Keep hustling.

[@ChideraPeters]

Aww thanks for this kind comment ✨♥️♥️

[@segunshegzy2045]

Thanks, would love to see the video. This is really educative.

[@ibukunoluwayussuf162]

Thank you Chidera for your constant ideas. I would not mind getting a comprehensive video on Life ISA and passive income ideas.

[@carltondouglaskasirye5633]

You wouldn’t mind?😂

[@ChideraPeters]

Hi, here's the video on Lifetime ISA kzbin.info/www/bejne/sJzPo2eLrZKoY7s

[@StephanieMoran-hq4dz]

I fully INTEND and resolve to scrape by in life. I couldn't give a flying fig about being the big business owner or entrepreneur. Jeaus is already my abundant treasure.

[@the_network_analyst]

Can you please tell us more on side hustles, please?

[@glorianyanka3]

Found value in this video definitely 👌

[@elizabethkenneth4425]

Yes i need to know more about lifetime ISA

[@Havenoftenderbeauty]

Thanks so much for sharing ❤

[@homodeus8713]

Black Africans need to stop sending money home and start investing. What’s the difference between migrants, immigrants and expatriates?

[@nyenbiogeh2006]

Thanks for this video, just timely!

[@ChideraPeters]

You're so welcome!

[@elizabethkenneth4425]

This video is just what i need right now

[@uzioms]

This is advice everyone needs.

[@sideancg6312]

Black tax is my main reason, but I'm standing firm now.

[@YouAreJel]

What does this mean?

[@SamsonDamilolaOdunayo]

Good job you are doing Chidera. Please, kindly do the video on the ISA savings. Thanks.

[@ChideraPeters]

Thanks for watching. When you say ISA video, the one I meant was Lifetime ISA - is this what you’re referring to?

[@SamsonDamilolaOdunayo]

@@ChideraPeters Yes, lifetime ISA. Thanks.

[@ChideraPeters]

Hi, here's the video on Lifetime ISA kzbin.info/www/bejne/sJzPo2eLrZKoY7s

[@misskayem5709]

Pension consolidation works better if you are just starting. If you try to move all your pension into one pot, it will cost up to 25% of the total in each pot in fees. Not worth it.

[@ChideraPeters]

Really? 🤔 I’d look into this but thanks for highlighting

[@jermanLuga]

You could make AVC payments to your workplace pension up to £1m.

[@rosemondamanor4018]

Thank you ❤

[@ChideraPeters]

You're welcome 😊

[@RealDilemmasPodcast]

Pls we’ll need a video on passive income strategies

[@Urbanchicaful]

Please do a video on top high yield savings accounts to use

[@tafadzwamaruta1966]

True i am also interested in this

[@ojeihblessing7650]

Thank you for the video chidera . Please can you thank about passive income In the UK as well as

[@ojeihblessing7650]

Talk

[@winifredeleojo6084]

Pls can u talk more about this high yield saving account?

[@xOxLxLxIxEx1]

Hello Chider! I only came across your video this morning and honestly! It’s like you are speaking to my soul!! This is my second video of yours I have watched this morning.. please I am interested in ideas for passive income! There lots of fake once’s out there but what would you recommend and trust. The 6 must have account is so factual! Guys please listen to her please 🙏🏾

[@Noone-v9v]

New subscriber. You are too good Chidera

[@Mimisafricantales]

Hi Childers, High yield savings account and ISA’s

[@centemeks]

High interest account or not, if you're making £100/month on interest alone, you have a savings pot of close to £20k. You should probably move it to S&P 500 to do 12-15% per annum. 😂😂

[@YouAreJel]

@@centemeks this depends on if she requires that money in the next year or two. For example the deposit for your house or the savings for your wedding should not be in stocks as if the price of the market went down by 10% the day before you had to pay you would be screwed. However if they can hold it for 5years or more then it makes sense to have it in stocks/shares

[@nathalielady2592]

That is considered easily accessible emergency fund.

[@daisywiththeview]

Pls what part of the UK are you based? We honestly need a meet and “pour your knowledge live and direct” kinda meeting 😅

[@graceokrahkwakye6162]

Hi Chidera, please what are some High Yield Savings accounts in the UK?

[@toyinadams1517]

Good evening can you possibly do a passive income video please . This video was really helpful

[@berniceezra832]

Do a video on what poeple that cant do ISA do....like with the age bracket u cant do ISA.please thank you.....I am doing plum......already....Good work

[@igbinx]

Chidera you tried, let me subscribe ❤🎉

[@happinessonabolu3638]

Your knowledge of facts amaze me. Kudos ❤❤

[@ChideraPeters]

Thank you so much 😀

[@oziomaezekwe6181]

Please DO A VIDEO ON PASSIVE INCOME IDEAS😊

[@ogorchukwujenniferikhaobom674]

Thanks, please video on passive income

[@ibkay9617]

Please make a video on passive income you can do 😅😅😅

[@946daniellem]

Yes, please help us to save. Tell us how to do these accounts and everything.

[@NursePeace-oi9yl]

Dera, I am really enjoying your money educational videos these days. Please can you make a video on the various side hustles /passive income ideas . Also talk about the specific high interest savings account you use.

[@ChideraPeters]

I’ll definitely do this and thanks for watching ♥️

[@monicaigbudu4505]

I just followed.

[@michaelkolawole1557]

Hi chidera, thanks for the video. Please I would also appreciate it if you do a video on passive income ideas. God bless you.

[@ChideraPeters]

Noted

[@oluwadaredeola1341]

Thank you 🙏🏻…can please make a video on passive income ideas and investment 🙏🏻

[@tessyshotkitchen]

Interesting content would you please talk about investment in the uk.

[@graceo2719]

I think the number one reason and very major is Africans sending money home to family and friends for stupid things. OK if your parents are old poor and not working

[@05burky]

There is NOTHING like high yield savings account! If you wana save just save and don't stress about HYSA.

[@WoleDaniels]

😅😅😅😅😅

[@inno3912]

Thanks very much for your advice. You're young but full of wisdom. Is there anyway I can talk to you one on one? I always desire to have passive income.

[@NebedumNgozi]

Chi, thanks for your videos. It is always educative, great lessons, but in lifetime ISA, you said it has an age limit. For people like us who are above 50s, what is the best platform to invest in . Thanks ❤

[@blessings_o]

Thank you More on the housing for life isa saving you want to mention Also the pension if we have in many places how do we get it joint Also the side hustle jobs you want to mention please Thank you chidera Blessings to you

[@ChideraPeters]

Hi, here's the video on Lifetime ISA kzbin.info/www/bejne/sJzPo2eLrZKoY7s

[@blessings_o]

@@ChideraPeters thank you Chidera ❤️

[@chijiokeokoronkwo3667]

Great content Chidera. What HYSA pays that ROI of £100 every month? What is the percentage and how much would be put aside. I am a bit curious and interested please

[@odudugloria5056]

Pls make a video on the Index saving

[@sengembi4326]

Please make a video on lifetime ISA

[@ChideraPeters]

Hi, here's the video on Lifetime ISA kzbin.info/www/bejne/sJzPo2eLrZKoY7s

[@zorydirwai8661]

What is the high yield savings account you’re using?

[@mudiaga123]

I have heard so many times of funnels I really want to know the practical process behind it l. Any guide?

[@molegend2882]

What are the side hustles to venture in the UK please 🙏

[@RitaOnwudiwe]

Please, how can we consolidate pensions

[@aarononokoko9967]

Will be good to have a passive income video…

[@ObinnaOnwumere]

Nice content

[@changeA-o4i]

Migrants make the common mistake of putting most of their earned income into their main residence. Your home is a liability not an asset. Wealth is worked out by subtracting liability from asset which means zero for most people. Invest in assets that pay for your liabilities. Passive income is the key. Tax planning is key also. Treat tax advice as an investment. Invest with your family/friends (warm base) etc. "You are more than the sum of your parts".

[@giftchukwuma6383]

Hi Chidera, thanks for this video, please what high yield savings account do you use? Please it’s important

[@savinggift158]

ISA comes with fees when you withdraw that can wipe out profit

[@ChideraPeters]

Lifetime ISA does not come with fees and there’s no ISA account that comes with fees.

[@youreincredible1648]

Yes please do a episode on making money online.

[@adebimpeolatunji-br8ki]

How can open with Plum

[@Jaay2022]

Nice topic. Do you mind making a video on interest-free investments?

[@ChideraPeters]

Oh not sure about that 🤔 coz if you don’t earn interest, will it still be an investment ? How will it make money

[@aribatisebolu1388]

Do you mean investments with no/little fees?

[@kaytee4real]

Can someone on a skilled worker visa have these accounts, and side hustle? Like the passive income. Healthcare Worker to be precise.

[@IcilmaBrooks]

Agree

[@amarapaul756]

Like I have some money,how do I make use of it to gain interest 😊

[@chisomagatha-of3ob]

Vedio on passive income ways please

[@mitchellbell-gam6002]

Advice on how to use ISA’s please

[@BODEOLUKOTUN]

How can I reach out to you apart from this platform

[@faithuko1838]

Please can you talk more on high yield savings account

[@ikennaokoro7503]

This is the kind of woman I need o😅. Prudence is key...

[@GboladeGold]

Pls make the side hustle. And pls what site did you use to get your job, I'm in Manchester