Jackie Asiimwe On Money, NGOs Funding And Wealth | Uganda Edition

Money shaped Jackie Asiimwe long before she earned her first salary. Growing up in a pastor's household, she watched her mother stretch a modest income, support relatives and somehow keep the family afloat. Years later, after losing her savings in a bank collapse, resisting the idea of investing and spending decades in Uganda's nonprofit sector, Jackie began to rethink everything she believed about money. In this episode of Financially Incorrect Uganda, Jackie opens up about the financial realities of working in the social impact world: low salaries, unpredictable donor funding, the pressure to serve before earning and the mindset shifts that transformed her from a reluctant saver into a long-term investor. The conversation explores the hidden economics behind NGOs, why many nonprofits struggle to build wealth, how childhood shapes financial behaviour and why leadership ultimately determines whether an organization survives. --------------------------------------------------------------------------------------------------------------------------------------- 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 Chapters 00:00 Introduction 10:42 Growing up in a pastor's household 18:36 Returning from Canada to Uganda 24:05 Her first income and volunteer stipend 28:35 Opening her first bank account 31:40 Losing money after Greenland Bank collapsed 34:00 Marriage, saving and buying land 38:03 The economics of working in NGOs 44:22 Why nonprofits were discouraged from saving 50:00 The funding crisis in the social sector 56:00 Becoming an investor and planning retirement 01:00:30 Starting and leading an organization 01:09:20 Unit trusts and nonprofit sustainability 01:15:00 Publishing a book in Uganda 01:18:50 Money, contentment and final reflections 01:22:00 Final reflections