Podcasts · Financially Incorrect

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

9 Aug 2026 · 1 h 27 min

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 Chapters00:00 Introduction10:42 Growing up in a pastor's household18:36 Returning from Canada to Uganda24:05 Her first income and volunteer stipend28:35 Opening her first bank account31:40 Losing money after Greenland Bank collapsed34:00 Marriage, saving and buying land38:03 The economics of working in NGOs44:22 Why nonprofits were discouraged from saving50:00 The funding crisis in the social sector56:00 Becoming an investor and planning retirement01:00:30 Starting and leading an organization01:09:20 Unit trusts and nonprofit sustainability01:15:00 Publishing a book in Uganda01:18:50 Money, contentment and final reflections01:22:00 Final reflections

The episode on the publisher’s site ↗ (opens in a new tab)