Mahi Amaha: Coaching Black Womxn to Financial Independence

Mahi Amaha: Coaching Black Womxn to Financial Independence

From a young age, Mahi Amaha knew she had to be successful: “What childhood dream? I’m a child of immigrants. I was told I was going to be a doctor when I was 5” she mused on her Twitter earlier this year.  

A child to Ethiopian expats, Amaha grew up in the United States. She witnessed first-hand the difficult financial situation her parents found themselves in once they became homeowners in the 80s – when interest rates were at their peak. It was there and then that Amaha vowed to herself that she would “never buy”, she told Huffington Post in an interview earlier in the year.   

This anecdote sits at the centre of what Amaha’s platform BlackWomxnAreWealthy stands for. Many believe that becoming homeowners is the key to success and the American dream – Amaha seeks to redefine what success can mean and her values attest to this.  

Redefining Success  

Remember how Mahi shared how she was told she was going to be a doctor at five years old? Well, she achieved her goal and became an MD – but during her residency, she realized that it just wasn’t her purpose. With a lot of courage and self-belief, she followed her dream of redefining her success.   She set up BlackWomxnAreWealthy to supply black womxn with the resources to become truly financially independent and thrive.   

Notice how it’s spelled womxn rather than ‘women’? This alternative spelling removes the word ‘men’ from the equation, not to alienate or remove men entirely of course – but to inspire womxn to believe and understand that they can and will be able to be financially independent; grasping their success with their own hands.  

“This country was not built for black people to have security. This is why Black Womxn Are Wealthy Exists” is what Amaha shared this past MLK day. Liberation is at the forefront of Amaha’s mind and BlackWomxnAreWealthy’s mission.   

“I named my platform ‘Black Womxn Are Wealthy’ because words matter. Society has lied to us and told us the opposite. But now every time I’m featured somewhere, or my mission is recognized… people must say ‘Black Womxn Are Wealthy’. Because we are.”   

So… how does it work?  

Over on her Instagram, Mahi frequently shares financial advice: the advantages of investing early, building generational wealth, investing for your child’s future, etc.   

“Whew, this page is a blessing!”  “You’re dropping gems!”  “We appreciate you!!!”  

Just some of the comments on her comprehensive infographics offering financial advice.  She also offers 1:1 coaching services on investment and financial independence.  

Changing the Narrative  

On her drive to help others become financially independent and invest in the future of their families, Amaha had this to say:  

“My parents’ survival is a miracle. There are so many points in their story when it was literally a moment-to-moment scenario. Hand to mouth. Not a dollar in the bank account. Working 3 jobs. My dad died before he could rest, and it breaks my heart. “ 

“So, part of my drive in becoming financially independent and retiring early is to change this narrative for me and my descendants. We will have passive income. We will not have to work until we die. We will be able to rest. We will be able to travel. We will be able to be at leisure. We will be able to BREATHE deeply. This isn’t just for kicks. I am changing the course of my life and the generations that come after me.”  

Check out Mahi’s platform here  

Did you know Eri2Eri has groups where you can discuss all kinds of topics? We have one on Small Businesses where you can share advice and promote your own.  

Have an idea for a group that’s not there? It’s easy to set up your own and start the conversation!  

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