Finance

8 proven ways finance professionals in Africa can make money remotely

Published

3 years ago

May 8, 2022

8 proven ways finance professionals in Africa can make money remotely

On-line Tutoring

In keeping with Financial Instances, on-line tutoring is a profitable enterprise concept with infinite money-making alternatives. African finance professionals that may train college students in on-line courses can profit from this rewarding trade. With hundreds of individuals opening their doorways to new fields and plenty of prepared to grow to be financially literate, you may earn a good revenue sharing your experience.

You can begin a web based tutoring enterprise on YouTube or companion with different tutoring corporations to generate extra income. Think about leveraging social platforms for commercial and put a worth in your periods. In addition to, you too can earn from advertisements and collaboration with different corporations.

Turn out to be a Finance marketing consultant

In keeping with Good Asset, monetary consultants establish well-suited investments and supply personalised wealth-building recommendation to buyers. African finance professionals could make a good dwelling by sharing information and experience within the finance trade.

This concept is for you in the event you can information buyers on monetary planning, information insurance coverage selections, and establish profitable investments. You receives a commission by advising purchasers to purchase and promote shares, bonds, and different belongings. In addition to, you may make cash as a self-employed contractor or work for a number of corporations with completely different purchasers.

Supply Freelancing Companies

In keeping with Monetary Wolves, changing into a finance freelancer is essentially the most simple method finance professionals can generate income remotely. African finance professionals can earn a good revenue with many corporations in search of finance skills with contractual and full-time roles.

Net platforms like Upwork, Fiverr, Freelancer, and Toptal, supply profitable money-making alternatives to finance professionals, and Africans can profit. Think about signing up and following the right registration process and showcasing your abilities. These platforms have sections the place you talk about your expertise and experience to allow the suitable purchasers to seek out you.

Begin a Web site or Weblog

In keeping with WordPress Newbie, beginning an internet site or weblog is worthwhile and an ideal technique to earn a good revenue on-line by doing what you’re keen on. A finance weblog presents money-making alternatives however requires efficient methods for profitable outcomes.

African finance professionals with glorious writing abilities can generate income from educating the general public about private finance or bills on an internet site. You may make cash from running a blog by means of internet online affiliate marketing, advertisements, sponsored posts, and flipping web sites. With commercial being a major passive revenue supply for web site house owners, there are zero limits on how a lot you may make.

Write and Self-publish a e-book on finance

In keeping with The Stability Small Enterprise, self-publishing a finance e-book is profitable as many authors obtain 40% to 60% royalties on a e-book sale. No matter your expertise degree, platforms like Amazon and Smashwords supply respectable alternatives for African finance professionals to generate income.

Starters can write about credit score, funding, financial savings, taxes, debt, and budgeting. Moreover, seasoned finance professionals can share their funding banking, mergers, and acquisition, enterprise capital, and many others. African professionals ought to embrace writing and self-publishing a e-book for its passive revenue alternative.

Begin a YouTube Channel

In keeping with Shopify, YouTube is the platform to unlock your incomes potential, and finance professionals can profit. African finance professionals with content material creation abilities can earn a good revenue on the video platform. If you happen to can train and entertain an viewers or evaluate a product, take into account signing up for a YouTube channel.

Think about promoting on different social media platforms to realize extra followers and subscribers as you may earn per view. Moreover, you may make cash on the platform by selling monetary merchandise and firms or as an affiliate marketer.

Promoting Finance Programs On-line

In keeping with Neil Patel, promoting programs on-line is very worthwhile as many creators make some huge cash in a brief interval. African finance professionals with on-line course creation abilities can construct a giant enterprise within the trade. African finance professionals can profit from the speedy developments pushed by coaching initiatives and studying cost-effectiveness within the e-learning trade.

Think about creating programs with worthwhile monetary market data or instructing the general public company and private finance. In addition to, you may promote programs on Udemy, Skillshare, Thinkific, Podia, and many others.

Begin a Podcast

In keeping with Podcast Insights, beginning a podcast is profitable and a fast technique to generate income for a greater life. Expert African finance professionals can generate income from sponsors, commercial, teaching, and internet online affiliate marketing with a podcast. So, in the event you can preserve storytelling alive to entertain your viewers, take into account beginning a finance podcast.

Your podcast can function an academic software for speaking worthwhile data to the lots to generate income. Sharing worthwhile data with the lots is a fast technique to generate income on-line with out obstacles.

Conclusion

African finance professionals can earn a good revenue with on-line tutoring, changing into consultants, and providing freelancing companies. You may make cash by beginning an internet site or weblog, writing and self-publishing a e-book, and making a YouTube channel. These confirmed methods African finance professionals can generate income remotely are profitable and earn you a good revenue. Now you understand the confirmed methods African finance professionals can generate income remotely, take into account researching every concept earlier than choice.

*The views expressed on this article are the views of a contributor at Enterprise Insider Africa. It doesn’t symbolize the views of the organisation Enterprise Insider Africa.

Olayinka Sodiq is a professional author with technical, analytical and copywriting expertise gained from 5 years of each in-house and freelancing gigs. He’s versed in finance, investments, expertise, blockchain, mergers & acquisitions, chapter, and many others.

Finance

Recruiting Journeys | Finance: Max Yamamoto ’24, Dimensional Fund Advisors

Published

5 hours ago

January 8, 2025

Press Room

Recruiting Journeys | Finance: Max Yamamoto ’24, Dimensional Fund Advisors

What was your recruiting journey like?

In the first year of my MBA, I applied to internship positions at investment management firms. Unlike consulting or investment banking, the process is not very structured. I found a bunch of firms by doing research on the internet, utilizing a list of employers created by the Career Development Office (CDO), and making cold calls to alumni or people inside the company. I applied to about 50 internships, and eventually landed one at Dimensional Fund Advisors.

I didn’t immediately get a return offer at the end of my summer internship. When I returned to SOM in the fall, I started to re-recruit for full-time jobs, but ultimately a position opened up at Dimensional Fund Advisors, and I accepted a full-time offer.

Which SOM classes prepared you for your current role?

Quantitative Investment, a core class for the Master’s in Asset Management program taught by Professor Toby Moskowitz, teaches you to research financial markets with a quantitative review. It’s directly related to what I’m doing right now, and has been very helpful. Another important core course was Asset Pricing Theory, taught by Professors Saman Majd and Jeffrey Rosenbluth; we learned how the market works and how you should view the market based on mathematical or financial theory. A third course is Employer, which is now called Workforce. What I learned in that class helped me understand how a company works, and prepared me to navigate professional culture in my internship and current role.

Finance

Financial Services Legislation Is in the Spotlight as the 119th Congress Settles In | PYMNTS.com

Published

13 hours ago

January 8, 2025

Press Room

Financial Services Legislation Is in the Spotlight as the 119th Congress Settles In | PYMNTS.com

The 119th Congress has now been seated, and is poised to consider, to take up — or to scuttle — financial services legislation that may touch on everything from credit cards to earned wage access (EWA) to digital assets.

The incoming majorities belong to the Republicans, of course, and it’s no secret that president-elect Trump and other members of his party have expressed misgivings about the Federal Deposit Insurance Corp. (FDIC) and the Consumer Financial Protection Bureau (CFPB), and the roles and scope of those agencies are as yet undetermined.

The House Financial Services Committee now is being chaired by Rep. French Hill, R-Ark. The Senate Banking Committee is being chaired by Sen. Tim Scott, R-S.C.

What May Be Up

As for what may still be considered “outstanding”:

Front and center will be what happens with the Credit Card Competition Act. It’s been a long road for the CCCA, which, among other things, would enable card payments to be routed over at least one network that competes with Mastercard and Visa. Since being introduced in 2023, the act has been stalled in Congress, and should it be taken up again, there’s no surety that it would make it through into law, but it may indeed come up for debate. Now vice president-elect JD Vance had signed on to the bill.

At issue will be the ways in which the bill would change the dynamics of the card industry. Supporters say that the routing provisions would open up competition. But as Karen Webster noted in a recent column, “Notwithstanding a lack of understanding of how dual routing would work for credit card transactions, the flaw in Sen. Durbin’s bill is a lack of understanding of how the current credit card ecosystem works. And, more fundamentally, how platform ecosystems ignite and scale — and are monetized.”

Separately, the Earned Wage Access Consumer Protection Act would define EWA providers and sets strict operational boundaries, specifically regulating both employee-sponsored programs and direct-to-consumer offerings.

Digital Assets

There have been various attempts to have legislation that would set frameworks for digital asset markets to be structured. One bill, the Financial Innovation and Technology for the 21st Century Act passed in the House but did not make it through the Senate. The act would, among other things, set standards for digital assets and consumer protections, and segregation of funds.

Crypto and artificial intelligence (AI), of course, will also be on the agenda.

In an interview with PYMNTS, Mike Katz, a partner in Manatt, Phelps and Phillips Financial Services Group, said that “despite the razor-thin Republican majorities, there is a growing bipartisan consensus in Congress around the need for thoughtful, innovation-focused crypto and AI legislation,” adding, “It will be interesting to see if any digital asset bills are part of the tax-and-border-focused reconciliation package already being discussed in Congress. I’d expect a strong stablecoin bill to move quickly given existing bipartisan support.”

And he added: “Keep an eye out early in 2025 for a repurposed or chopped up version of the pro-crypto bill FIT21 [which passed the House with a large bipartisan majority in May]. Regardless of form or timing, new legislation will finally provide clarity on the questions of whether crypto assets are ‘securities’ or ‘commodities’ … and on which regulatory authority is charged with oversight.”

See More In: 119th Congress, CFPB, Consumer Financial Protection Bureau, credit card competition act, credit cards, Cryptocurrency, digital assets, earned wage access, Earned Wage Access Consumer Protection Act, FDIC, Federal Deposit Insurance Corp., financial services, News, politics, PYMNTS News

Finance

Protecting Your Future: How Cognitive Decline Affects Financial Decision-Making | University of Denver

Published

21 hours ago

January 7, 2025

Press Room

Protecting Your Future: How Cognitive Decline Affects Financial Decision-Making | University of Denver

RadioEd co-host Emma Atkinson sits down with medical doctor and finance expert Eric Chess to break down why financial decisions can be an early indicator of cognitive decline.

Podcast •
News •

January 8, 2025

Hosted by Jordyn Reiland and Emma Atkinson, RadioEd is a triweekly podcast created by the DU Newsroom that taps into the University of Denver’s deep pool of bright brains to explore the most exciting new research out of DU. See below for a transcript of this episode.

Show Notes

As we get older, things change. Our priorities shift, viewpoints and opinions evolve, and our bodies—and brains—age.

Many of these changes are good—we can celebrate the process of aging as one that invites wisdom and joy. But there are natural consequences of getting older, and one of those consequences is cognitive decline.

Eric Chess is a former medical doctor who has also earned degrees in law and business. Chess is the director of the Paul Freeman Financial Security Program at DU. He seeks to identify the earliest signs of cognitive impairment—and works to protect the lives and financial assets of older people experiencing cognitive decline.

Dr. Eric Chess is a physician, lawyer and professor with a focus on prevention, comprehensive well-being, financial security and older adults. He has over a decade of

Dr. Eric Chess.

experience in internal medicine practice (board certified), as a hospitalist and as an outpatient physician. He is currently a Clinical Professor at the University of Denver’s Knoebel Institute for Healthy Aging, serving as the founder and director of Aging and Well-being/The Paul Freeman Financial Security Program. Additionally, he serves as an adjunct Professor at the University of Denver’s Sturm College of Law and Daniels College of Business. Dr. Chess has an undergraduate degree in economics and political science, and a graduate law degree with experience as an attorney and economic consultant.

The Knoebel Institute for Healthy Aging creates and implements solutions for aging issues through multidisciplinary research, education and outreach by serving as an information clearinghouse for media on matters related to aging; educating and training a diverse workforce to serve a rapidly aging population; and promoting innovation, research and business development related to aging.

The Paul Freeman Financial Security Program combines the expertise of faculty, researchers and students at the University of Denver. Their interdisciplinary team of researchers in law, finance, psychology, social work, business, neuroscience, and medicine is led by Eric Chess, MD, JD. Goals of impact include four main areas: Research and Development; Outreach and Collaboration; Education; and Policy. Part of the program’s core mission is to address the need for more impactful solutions regarding financial exploitation and fraud of older adults. Target areas currently include developing a financial vulnerability scale, leading a state-wide collaboration, developing a financial-protective team legal instrument, and addressing the significant transfer of wealth affecting older adults and potential future generations and clients.