The Rich Immigrant

We'reee baccckkkk! In this warm up/return to the podcast after a longer than anticipated break, ICatch you up on my year so farWhy my friends visiting had me in my feelingsMy thoughts on loud budgeting and the changes in real estate commissions in the USLet's catch up, and I'll be back next week!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Its the last episode on 2023 and in similar fashion, I am answering your questons and they came in hot. In this episode of the podcast, I answer listener questions across Career, Finances, Personal Reflections and so on. In this episode I answer question on1. One thing I'm most proud of in 20232. What I'm looking forward to in 20243. My biggest financial lesson of 20234. I'm terrible at tracking my spending in different categories, What works for you?5. The financial impact of friendships6. Ex-husband owes $5,000, should I let it go or go to small claims court7. What to do about Christmas gifts when paying debt and saving?8. How Do you make time for learning and development ? What does this look like for you?9.How do you cope with or manage burnout?10. New to a new country and 8 months into a new job. I've received good feedback but Im not yet the star girl and that makes me anxious. How long does it take?I answer these questions and so much more. I hope you listen!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Hot takes are so freaking popular and they're clickbaitey (is that a word) but they seem to work. The thing is though, they are hardly ever 100% true and there's always nuance to things in the world of personal finance. In this week's episode of the podcast, I respond to 6 hot takes and share my personal opinions/thoughts. Again, am I always right? No! This is not financial advice, just me sharing my nuanced views. Personal finance is personal, always sort through information with your own internal filter! Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

The Holiday season is here and this episode is inspired by the OG podcaster, Myliek. In a recent episode, she briefly touched on boundaries over the holiday season and my brain went...pingggg and here we are.  This got me thinking about how often we hear or even we talk about getting through the holiday season and that does not sound enjoyable. So this episode is a reminder for all of us to set the following boundaries especially this season:1. Set Boundaries with yourself and pour into yourself2. Set boundaries at work this season3. Set boundaries with your family4. Set financial boundaries NOW5. Schedule time with your chosen family6. Embrace the Joy of Missing OutHave a wonderful holiday season, with your boundaries out in full force! Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

In this episode, I use a recent hilarious real life experience to analogize how lifestyle creep can happen. In this episode I talk aboutHow I recently adjusted to a new level of convenience without knowing itWhat lifestyle creep/inflation isHow I avoided lifestyle creep early on in my career but also honestly shared how I have allowed for some conveniences since thenI share about the different extremes we can turn to as our incomes increaseFour ways to keep lifestyle creep/inflation in checkI wrap up the episode with a reminder to compare monthly expenses to what they used to be before the end of the year.  Are there intentional lifestyle improvements or have things crept up on you? Let me know what you findThey say lifestyle inflation is a silent killer of budgets. Don't let lifestyle inflation have you sabotaging yourself!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

You've probably seen something about someone scaling a side hustle to six figures and beyond. Side hustles are not new but they've gotten a sexy makeover in recent years. In addition, with rising costs, side hustles are a necessity for many.  But is a side hustle right for you?In this episode of the podcast, I talk about:1. Stats around side hustles according to a recent survey and McKinsey report2. My parents and their side hustles3. My side hustle history as a student4. When a side hustle may be a good idea5. When a side hustle might not be a good idea6. Landing somewhere in the middle7. Do I Plan to side hustle now?8. Toxicity of the side hustle cultureThank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

We did it Joe!  After two years of having it as a goal, I finally opened a 529 college savings account for my unborn child(ren). In this episode, I share my experience breaking down the conversation into the following:What is a 529 accountWhy this account versus other investment vehiclesWhy I opened it without having a kidHow im able to open an account pre-kidWhat Happens IF I Make more than one kid?How I actually opened the accountHow much do you need to put away to afford college?What happens if I don't have kidsI havent fugured it all out but I figured it out well enough to start and I always want to share that part.. the journey. Some resources I found arewww.savingforcollege.com www.upromise.comPlease share this episode with a parent or aspiring parent in your lifeThank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Its my birthweek and in this episode of the podcast, I chose to start a new tradition here. I share lessons i've learned or that have been reaffirmed in the past year. Happy Birthday to my fellow virgo/September babies!! Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

You heard/read that right. I'm still in shock and I don't think it'll sink in that I now live here for a while. In this episode, I talk about:1. My move from Minneapolis USA to Tokyo, Japan a week ago2. Why Japan3. What the move means for this platform4.  How I'm feeling from when it came up, to leading up to the move, to 5 days in Tokyo5. How this move feels different from other moves and ways moving abroad will humble you6. What this move means for my house7. How I've prepared for this move (financially, emotionally)8. My hope for this next chapter9. What I'm most excited aboutThis immigrant has moved again and this was not at all a move I planned or expected this time last year. Here's to taking steps in faith! Can't wait to see what lies on the other side and can't wait to bring you along. Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

I'll be honest, this topic has been on my mind since I bought my home a year ago. I'm simply one of those people that aren;t comfortable owning a certain amount of money. I figured I'm not the only one that has these thoughts so lets talk about how to pay off your mortgage faster.. In this episode, we talk about:2 situations where  it might not be the best idea to accelerate paying down a mortgageFour ways to pay down a mortgage faster than scheduledPitfalls to avoid when paying down a mortgage faster than scheduledAllocating the extra payment to principalAsking about any prepayment penaltiesLooking into recastingThank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

I'm so excited to finally have this part of my conversation with one of my best friends about money and friendships. In this conversation, Kemi and I not only model money conversation, but we tackle insightful aspects of money and friendships. Our conversation covers: Her first financial aha momentGraduating from her MBA with student loans and how she started her path to paying them offHow and why she decided to pay off debt and still invest at the same timeWhat a money circle is and her first experience getting into a money circleMoney circle  vs forums Important traits for a successful money circleWhen to put a legal framework in place before investing with friendsHow she joined of her first formal investment club and the power of investing collectively (stronger purchase power, pooling capital, access to information, access to network)Importance of taking action and personal responsibilityWhat makes her advance vs. retreat during  money conversations?Our experience with investing together - how we did it,  how it went awry, what we learnt from it, and how it impacted our friendshipHow the diaspora can find opportunities to invest at home/on the continent and beyondKemi is on Instagram at kemionabanjo! Please let her know if you found this conversation insightful.Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

The podcast is back with Season 8!! I'm kicking off this season by reflecting on some amazing news! I got the biggest promotion of my career, effective July 1, I was admitted into the Partnership at the firm I work for. I've had some time to reflect and also took over 20 questions from you. In this episode, I talk about: My reaction to the promotionWhether I always wanted to be a partner from day 1My best career strategies that helped me get to where I amStaying in one place vs job hopping (my thoughts)My greatest lesson on leadership so farAm I Nervous about this chapter, and if I am, how i'm handling itWhat I plan to do with my raiseHow to scale your career as someone stuck in a specialist roleBest advice for mid-level career woman, also an immigrantWhat I wish I had done differentlyMy struggles with impostor syndrome and how I overcame itAm I happy?How I'm fully embracing this new season and fully taking up spaceWhat I'm most proud ofI would not be here without so many people. My family, my many mentors and sponsors, my friends. This win has been celebrated by so many people, some of whom I've never even met. It is not lost on me that this means so much not only to me but to so many others. Thank you for celebrating this win with so much joy, as though it is yours. It truly is ours. My Scotland crew, my work crew, Winona crew, the Ikorodu crew, my Minneapolis family, My RAOJs, this online community! Tosin and RSD, thank you!!Thank you, and congrats to us!!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

We have finally come to the end of the longest season. Even as I look back on the last six months of my life, what a rollercoaster it has been! In this final episode of this season, we talk aboutMy half-year recap and I answer 6 listener questions onHow I got my first promotion at WorkNavigating professional and career growth abroadPaying off student loans vs maxing out retirementHow long is too long before a promotion or new companyWhen to buy a houseTips for someone starting their personal finance journey in their 40sThank you for coming along for this season of the podcast. I can't wait to bring you the next season, but for now I'm going to take a little break :) to soak in all the things happening in my life and then I will be back. See you in early August!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

What does it cost to be a bridesmaid in 2023? The financial cost of being a bridesmaid is regional, cultural, and situation-specific. However, we can all agree that things seem to have gotten a bit out of hand in recent times. It is a great honour to be asked to stand next to a close friend or family member on one of the most important days of their lives, but it can also get expensive. I love a beautiful wedding but not one that put people in debt. In this week's episode of the podcast, I talk about:1. Standard costs of being a bridesmaid2. How I think about some of the costs of being a bridesmaid3. 6 things brides should think 4. Reasons to say no, thank you as a potential bridesmaid5. How to support the bride in other ways6. What to do when planned bridesmaid expenses get out of hand7. Why I don't want a bridal party but I probably want a bachelorette/Bridal shower giftAs a retired bridesmaid and future bride, I share personal experiences and would also love to read from you on your experiences. Happy wedding season. Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

It's very obvious that life insurance should be a part of financial plans for those that have dependent children, and spouses, but what about singles? Up till now, I've either said no to life insurance or  at lest, I have been on the fence. In this week's episode of the podcast, I talk about why  I'm changing my mind about life insurance including:1. Life insurance that I do have through work2. Recent events that have caused me to reconsider my stance on life insurance3. Why I think I'll only need life insurance for a short time so i'm looking into Term life4. Why singles need life insurance tooIf you're on the fence, I hope you'll listen to my position and why I changed my mind. Do you have life insurance? Why did you decide to get life insurance and how much coverage did you get?Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

If you follow me on Instagram, you know that I have thoughts on this Netflix series by Ramit Sethi.  Sethi is somewhat of a household name in the personal finance space and I've read his book and frequently shared his podcasts on the gram.  In this episode though, I share my reflections on the Netflix series. I talk about1. Themes from the show2. Diversity of the cast3. How they kept things interesting so maybe the most interesting money series I've seen in a while4. What I love the most -- the conversation the show has sparked especially because we can see ourselves or someone we know in the cast5 Defining Your Rich Life Inner work always preceeds the outer results, in life, in love and in Money. It is so important that we all define what our own Rich lives look like for US, not based on whats popular or what someone said, or what we saw on social media. Many times, it is an act of rebellion and courage to be brave enough to choose our own definitions. I hope you'll choose yours. Two years ago, I recorded  podcast episode on how to live your best rich life, I listened to it and I was like.. dang, it is still so relevant. I hope you'll also check out that episode of the podcast (Episode 21).Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

In honor of April being Financial Literacy Month, I wanted to share some of the best episodes of the podcast over the last (almost) 3 years. Let's break it down into 4 categories of podcast episodes that are helping immigrant build their financial literacy but also live fully at home and abroad:Most Popular Episodes (Listener Faves)1.  Building Adult Friendships - Episode 59 with Kemi Onabanjo Joseph2. What's Your Money Mindset - Season 1 Ep 13. 20 Years An Immigrant - The Highs & Lows - Episode 584. How Sayo Became Work Optional At 33 (Episode 53) and5. How Dumebi Pivoted Into Tech & Doubled Her Base Salary (Episode 49)Underrated Episodes1. Are Your BFFs Your Money Tribe- Season 2 Ep. 52. Important Conversations To Have With Your Parents Now (Episode 69)3. Should You Lend Money To Family? (Season 2 Ep. 4)4. How To Invest For Kids Without Going Broke (Ep. 55)5. How Black Tax Affects Immigrants & What We Can Do (Ep 73)Debt Payoff Episodes1. How Korma & Jonny Paid Off $75k in Under 2 Years (Season 2 Episode 2 & 3)2. How Ayooluwa Paid OF $45k in One Year Using DoorDash (Episode 67)3. How To Make a Debt Payoff Plan That Works (Season 1 Episode 9)My Personal Favourites1. Immigrants At Work - How To Show Up For Yourself (Season 1 Episode 8)2. Viv's Journey From Medical School to Entrepreneurship (Ep 36)3. Lessons From My Money Mistakes (Season 2 Episode 6)4. How To Financially Prepare For A Move Abroad (Season 2 Episode 9)5. The Pressure To Be The Perfect Immigrant (Episode 32)6. Suzanne's Real Estate Investing Journey ((Ep 25 & 26)Whether you've been listening since the beginning or you just found the podcast, there's something for your specific situation in these episodes. I hope you'll check out the recap and be re-inspired or inspired afresh!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Everyone tells you that you need to save and invest for retirement, but what does that mean in concrete numbers? How much do you need to save/invest over time to be on track to retire without being a 'burden' to the next generation? In this episode, I talk about:1. 2 different ways to calculate how much you need to save/invest for retirement2. Method 1 is replacing a percentage of your income at retirement. See this retirement calculator3. Method 2 is working towards a specific investment goal based on your calculation of (Annual retirement income/4%).  Calculate how long it will take to get to your investment goal using this Bankrate calculator In this episode, I also talk about what to do if you're ahead of schedule, and I share options for those that may feel behind. While the easiest way to stay on track for retirement is to start early, it is possible to start saving for retirement at 40 and still retire with a decent nest egg.I hope this helps you wherever you are on your journey. I'm rooting for you.Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

When my friend suggested that I talk about this on the podcast, I said, why not? In this episode of the podcast, I talk about the state of my finances during the following phases of my lifeMy early 20s - super brokeIn my mid 20s - got a full-time job, started to pay off debt, Felt behind, and isolated financiallyIn my late 20s - debt free, budget traveler, saw the impact of not having a willIn my early thirties - moved to another country, took a pay cutMy mid-30s - thinking about legacy, starting this platform, buying a home (finally and so much more)My hopes for the next season In this episode, I'm honest about things that have changed and things that have remained the same. What a difference time makes and what a journey. I hope listening encourages you and also inspires you to look back on your own journey! Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Procrastinating can be expensive and I certainly experienced that last year. In this episode, I'm sharing 5 ways that my procrastination ended up costing me money in 2022. 1. Last-minute eye exam and glasses order2. Last-minute flight bookings3. Signing up for city-subsidized parking at work4. Corporate credit card expenses5. Canceling services timelyAs you can see, all of these were avoidable, yet here we are. I'm human and I'll still make money mistakes from time to time. Now that it's out in the world, I want to normalize talking about money mistakes here and there without change. Do you tend to procrastinate as well? While it may seem like one small thing here and there, remember that it only takes a small leak to sink a ship. So lets plug those leaks one money habit at a time!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Welcome back to the podcast! There's been so much going on so I had to address this head-on, and in doing so, break things down. There's been a lot of sensational headlines, and even misinformation so I decided to share a bit for informational and educational purposes. This is NOT financial advice. In this episode, I talk about:1. Silicon Valley Bank's background2. How Bank's make money3. What went wrong for SVB (Silicon Valley Bank)4. How SVB's collapse affect depositors, shareholders, and other investors5. Whether the government is bailing out SVB or not6. Whether I'll be moving my savings or spreading them across many banks7. Signature Bank and Credit Suisse in the news latelyIf you've enjoyed this episode, please share it with someone that's looking to understand what in the world happened! See you next week!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

If you know an immigrant, there's there's a good chance you know someone that pay Black Tax every month. Is Black tax a blessing or a burden? Let's talk! In honor of Black History Month,  let's talk Black Tax and Immigrant/BIPOC community.The origins of Black TaxBlack Tax in my family growing up and how it was the normWhen does gratitude turn into guilt and an inability to say no even at our own expense?Why we don't talk about Black TaxHow Black Tax affects our ability to build wealthHow much to support family and friends?4 Guidelines to abide by when supporting family and friendsA Message for those always waiting for the 'well-off' family member to always bear the brunt of responsibilitiesThe goal is that we are the generation that lifts the burden of Black Tax, not adding to it. Black Tax (in my opinion) can be a blessing AND a burden. However, we need to get in the habit on putting our own life vests on FIRST, and saying No.Happy Black History Month!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

I've been wanting to share this for a while now and I'm glad to finally be sharing this. Purchasing your home is a big deal, purchasing your first home as a single person and without family is a bigger deal. In this episode, I talk about 5 lessons I learned from purchasing my first home. 1. 20% Downpayment may not work for everyone2. Understand the eligibility rules of any home buyer programs you look into3. You get what you negotiate. Negotiate everything!4. I love my home but I still don't like owing a couple hundred thousand dollars5. Everything they tell you about saving for closing costs is true6. (Bonus) Don't rush it, you'll know when you're readyAre you looking to buy a home soon or did you purchase a home recently? what lessons do you agree or disagree with? What lesson most resonates with you?Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Happy new yearrrr. As you'll hear in the energy in this episode, I'm excited to be back with Season 7 of the podcast. In this episode, I talk about 7 things we need to do differently with our finances this year. 1. Addressing the convenience of online shopping because online shopping has proven to be a budget killer2. Being intentional about where you put your money based on your goals.3. Budgeting and sticking to it4. Diversifying your income stream5. Earning some interest on your savings because why not?6. Budgeting for inflation7. Not wait on student loan forgiveness (I know, I know but hear me out)What else are you doing differently with your finances this year? Id love to hear what you're getting up to!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

In this bonus episode, join me as I sit down as I reflect on 2022. and share an exciting announcement. In this episode, I 1. Thank You the listener for being along for the ride2. Share about how this year has been equal parts wonderful and heavy! Many high highs and low lows3. Share about how I'm winding down the year and spending the holidays4. Share about my finances for 2022 overall5. Share about the wealth building clinic and financial vision board session that Shida and I are hosting on Saturday, January 7th, 2023. This session is for you if you are:Ready you take actionWilling to contribute to the community and hold each other accountableNot looking for a get rich quick schemeReady to do this in communityIf this sounds like you, buy your ticket here and we cant' wait to do this with you and hold you accountable all year long. This is an ABSOLUTE steal for the value!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

In time for the holiday season, this episode discusses a timely reminder for important conversations to have with your parents as you gather around the table or even a facetime call. In this episode, I discussHaving picture conversations about what retirement will look likeEstate planning discussionsQuestions to ask your parents about where they plan to live in retirementUnderstanding their financial situationUnderstanding the emotional support your parents needUnderstanding your parents' wishes, Clarifying responsibilities and expectationsPersonal examples from my lifeMoney & aging are topics people try to avoid but they are so necessary! I hope you'll check out the podcast.Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Let's break down retirement investing as simply as I possibly can. In this episode, I talk about:The burden of being the sandwich generation and the norm for kids to provide for their aging parents in certain culturesWhy it is important to invest for retirement and why investing for retirement is generational wealthTypes of accounts to use to invest for retirementWhy investing through an employer first may be a good ideaRetirement investing alternatives without employer match (IRA, ISA, TFSA)Explaining what a brokerage isRoth IRA vs Traditional IRAPrioritising investing for retirement vs investing for kidsI hope this episode breaks down retirement investing for someone looking to start but has trouble understanding where to start and how things work. Please share this episode with someone that needs it!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Ayooluwa really paid off $45k of student loan debt in one year and  it took an incredible amount of focus and sacrifice. I'm excited to bring you our conversation this week. In this episode, we talk about: How and why she moved to the United States in 2016How she took a leap of faith after a fully funded scholarship by the Nigerian government did not materialize at the last minuteHow she funded her Master's Degree with a combination of savings, scholarships, and a loanHow she got a co-signer for her loan as an international studentHow she got into DoorDash while applying for jobs and how she made a plan to pay off in one yearHow she kept expenses down and what she sacrificed while paying off debtWhy we need to have more money conversations in our communityHow things have changed since she paid off debt and her current focusHer message for anyone feeling like they're sitting on a mountain of debtHow's she's investing in this economyIf you're on a debt payoff journey, this story will inspire you. I hope you'll listen and share.Ayooluwa is a Certified Financial Education Instructor (CFEI) who specializes in personal financial wellness. She is passionate about creating money savvy professionals and entrepreneurs by helping them define their money goals and providing practical guidance on how to achieve the goals. She is a chartered accountant with several years of financial services experience in a Big 4 accounting firm and the oil & gas services industry. She shares personal finance strategies covering budgeting, saving, investing, insurance, debt pay-off plan and retirement plan amongst others.Keep up with here on Instagram @myfinancecenter or on Linked In Ayooluwa IjarogbeThank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Let chit chat this episode while I share 5 things you should know about in November 20221. The Fed has raised interest rates again. What does this mean and what did the Fed say to expect?2. The twitter saga with Elon Musk. #drama #MrErratic3. Tech job freezes and downsizing announcements4. IRS announced limits for 401ks, IRAs, and HSAs for 2023. Let's talk about it5. Powerball lottery is at $1.9billion. What would you do if you won a huge sum of money? Let's talk about the man that won $30 million in China but kept it a secret!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

When I first started at my full-time job 13 years ago, benefits enrollment and open enrollemt were foreign languages to me. With no one to talk to, I read part of the jargon, made my elections, and kept it moving for SIX years. It would take me that much time to realize that I'd been selecting the wrong health insurance plan .  It's that time of the year when employees of companies in the USA are making their benefits elections.In this episode, I explain key open enrollment reminders. I talk about1. Some key terms that relate to health insurance2. Understanding the plan options available to you and then assess what plans(s) are best for you3. Comparing your company's options to the options provided by your partner's employer4. Understanding what has changed in your Company's benefits and policies.5. Assessing any changes in your life or in your life goals that warrant a change in your benefit enrollment elections for the year. Your benefits are part of your overall package and you should make sure they're working for you. Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode on iTunes.Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

OG Listeners will recall we had this recession conversation in June (Episode 54 of the podcast). However, since thenCentral banks have continued to struggle to control the flow of money and the Federal Reserve has raised interest rates 5 different times this year (so far)Inflation reports for September show inflation at 8.2%. Thats still high!Gas prices have fallen a bit but they're still high and OPEN is decreasing oil production starting in November 2022.I share all this to say that there is still volatility and the signs of a recession are pretty glaring. The goal is not to freak you out, but it is to put you and I on guard.  In this episode, I share 7 things to do to position yourself to weather a potential recession1. Do a financial audit 2. Revisit and ramp up your emergency fund3. Pay down high interest debt4.Bring value at work and Upskill5. Increase your income6. Diversify your investments7. Get support within your communityWe are always heading towards a recession, we just don't know when and for how long. Recessions will always have casualties but they also always have winners. Want to know more on what to do with your money right now depending in your financial situation? Listen to Episode 3 of the podcast1Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Alex Mason is a passionate investor and curator of the best stock market ideas.  Since 2018, he has been the host of Stock Stories, a podcast and now, YouTube channel, helping investors decode the business behind the stock.  He is studying every component of the S&P 500, and sharing everything he learns.  After graduating from MIT and starting work as an aerospace engineer, he realized there was much more to money than just working hard and trading time for it. After discovering investing in his early 20s, he and his wife eventually built a portfolio that allowed them to become financially independent by 30 years old.Though work is now optional, Alex continues to work in the aerospace industry and is passionately studying companies and producing new stock market lessons every week, in addition to working at a fintech startup part-time.  He plans to take a sabbatical next year with his wife.In this episode, Alex & I talk about:What he learned about money growing upHaving their financial 'aha' moment at the age of 21How they started on their investing journeyHis 3 favorite books for investing newbiesHow he thinks about investing in index funds vs individual stocksHow to start dipping your toes into individual stock investingWhat is the S&P 500 and why he decided to analyse these stocksWhat to look for when researching a companyHow to think about growth stocks vs dividend stocksCommon investing newbie mistakesWhat financial independence means to him How life has changed since attaining financial independenceSabbaticals and building in pauses into our livesThis episode is packed with so much value. Break it up into parts if you must but please give it a listed and follow along on Alex's Podcast and/or YouTube channel.Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

Unless you've been living under a rock, you've seen some pretty wild statistics about the Great Resignation and people leaving their jobs. How do you know that you are ready for a new job or career? Let's talk about it.   In this episode, I talk about:1. 10 signs that it is time to look elsewhere2. If you've decided that it might be time to leave, Remember thatIt's okay not to be clear on the exact next steps but start with what you don't want and follow your curiousityYou should be honest about whether you're changing jobs in the same fields or changing careers entirelyIt is best to look before you're desperate so you can consider your options from a place of powerWant to learn how Dumebi pivoted into tech and doubled her base salary, listen to episode 49 of the podcast!Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please review, subscribe, and share this episode with someone in your world that needs these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

We're back!!!!! In this week's episode, we are taking on the rent vs buy debacle.  In this episode, I talk about:1. How my dad asked me when Id buy a home as soon as I got a full-time job2. Building wealth while renting vs buying3. Are you throwing away money by renting?4. Breaking down the make-up of mortgage payments and what portion is actually building wealth5. Why just comparing rent to mortgage is actually an apples to oranges comparison6. Pros and cons of renting7. Pros and cons of buying your home8. Examples of people making different choices based o their circumstances, preferences, etc. This episode is not meant to tell you whether to rent or buy a home. The goal is to equip you to make the right decision for you. VThank you for the gift of your time and attention. Thank you for listening to this episode and this season of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode with someone in your world that needs to hear these conversations.  Please stay  connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

This week's episode is inspired by conversations and observations that I have made lately. No one likes to be called cheap, but there's a fine line between being cheap and being frugal so let's talk about it.  In this episode, I talk about:1. What it means to be cheap or miserly2. Examples of cheap behaviors3. What I am NOT referring 4. What it means to be frugal5. Examples of frugal behavior6. Where the fine line between being cheap vs frugality gets crossed7. 4 Questions to find out if you're being cheap This episode is not meant to shame us, the goal is to help us identify our own patterns and course correct them when we can. It is important that we remember that money is a tool. It is a tool to be used rather than one to be hoarded. Values-based spending is ultimately the goal. Thank you for the gift of your time and attention. Thank you for listening to this episode and this new season of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode with someone in your world that needs to hear these conversations.  Please stay  connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

Friendships & community have been a recurring theme on my mind this year. How can we live rich lives without rich relationships? In this episode, I have a long-awaited conversation with one of my besties, Kemi Onabanjo - Joseph. In this episode, you'll hear a lot of laughter,  reflection, and wisdom, as we take you on a journey. We talk about: How we met (how a seemingly insignificant IG moment birthed something bigger than us)What is something Kemi is learning this season?How we have stayed connected over time despite living on different continentsHow does she make time to stay connected to her wide network and to her closest circle (which is pretty wide)?How she thinks about relationships and making room for new friendsHow she has processed and moved forward from friendships grown distant Authenticity and vulnerability are superpowers that she has managed to tap into. How is she able to show up and share in this way?Looking back on our friendship over the last 5 years, what she is most thankful for (I share what I'm thankful for as well)Her best  advice for anyone actively looking to find their tribe in this season Part 2 of the conversation will get into Friendship Money circles! I can't wait to have Kemi back (this year) to finish our conversation!Kemi will say that she is just a happy child (also someone's mom and wife) who loves life, loves to laugh, loves to dance, loves to travel, loves to stay fit (sometimes), loves work, loves love, and loves Jesus.Kemi works as an Associate Partner of one of the leading global management consulting firms (McKinsey & Company) in Nigeria. Prior to joining McKinsey, she worked with Zenith Bank and Ericsson (both in Nigeria) across various roles. Kemi holds a B.Sc. in Computer Science from Covenant University and an MBA from INSEAD in France (where she was valedictorian for her class).Outside of work, she is the President of the Covenant University Alumni Association, a pioneer Mandela Washington Fellow of President Obama's Young African Leaders Initiative, an Associate of the Nigeria Leadership Initiative, and a pioneer mentee of the WIMBIZ (Women in Management, Business and Public Service) mentoring program. She is a member of the Board of Trustees for HOPE (Helping Other People Excel) and also serves on the board of the Steadfast Love Foundation and Beyond a Curved Spine. In 2018, she was a Future Awards Africa Nominee in the Professional Service category and was recognized on YNaija's Power List for Corporate Nigeria. In 2017, she was also recognized as one of the top 100 inspiring women in Nigeria by Leading Ladies Africa. She actively mentors young men and women.Kemi is a lover of theatre and actively explores the world through travel. Follow Kemi on Instagram here and sign up for her weekly value-packed newsletters here! Thank you for listening to this episode and this season of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode with someone in your world that needs to hear these conversations.  Please stay  connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

This past weekend made 20 years since I stepped on American soil as a wide-eyed, sheltered 16-year-old eager to take on the world on her own for the first time and in a new country. I couldn't think of a better way to kick off Season 6 of the podcast. In my most personal episode yet, I'm doing my best to compress 20 years into 30 minutes. In this episode I talk about and share lessons from the following segments of my journey:1. Getting through University and my career progression so far2. Facing my biggest fear - the loss of a loved one3. Traveling the world4. Immigration matters and my challenging journey5. Friendships over the last two decades6. My hopes for the next season/decade 7. My hope for you, listening on the other sideIt is impossible to cram 20 years into 30 minutes. There's so much I could have dug into but maybe that's a story for another platform, or even a book :). I hope my journey inspires you, or at a minimum helps you understand my experiences and how they've shaped me. Thank you for the gift of your time and attention. Thank you for listening to this episode and this new season of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode with someone in your world that needs to hear these conversations.  Please stay  connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

It's the season finale of  Season 5 and in my usual fashion, I'm wrapping up the season with some personal updates and answering 3 listener/community questions. In this episode, I share about:1. My big update - I'm buying my first homeI share why I changed my mind about buying a homeMy honest thoughts on buying a home right now includingCurrent interest ratesHome PricesWhat I'm most proud of right now2. What's going on in my portfolio year to date3. Listener Q&A - I answer these three questions from listenersHow I managed my finances on a low income when I was a student and when I was working in a factoryHow I allocate my resources and the principles that I applyHow I've grown in my career. Read about a day in my life as of 2017  here and 10 lessons from a decade in a global career hereI can't thank you enough for coming on this journey and for listening to this episode and this season of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode with someone in your world that needs to hear these conversations.  Since I'll be taking a break between seasons I'm taking up a reels challenge in July, catch me on Instagram! Please stay  connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

A few weeks ago, I posted about iBonds on Instagram, and not only was there a lot of interest but I also learned that many people didn't know about them. Since Instagram is only snippets, I wanted to record this podcast episode to get into iBonds a little bit more. As always, the goal is to share the knowledge so that you can make the right decision for you/your family. In this episode, I answer the following questions:What is a bond and what is an iBond?Where have iBonds been all this time?How do interest rates work on iBonds?Who can buy an iBond?How much can I put into iBonds?How can I buy iBonds?What are the pros and cons of iBonds?Should I buy iBonds?Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode with someone in your world that will benefit from understanding iBonds.  Visit  Treasury Direct to purchase iBonds electronically. Stay  connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

This topic is near to my heart, and yours I presume! As immigrants and BIPOC, especially, we know all about Black Tax but we want to lessen the burden for the next generation. In this week's episode, we talk about how to invest for your kids even if you don't have kids yet. We cover:Take care of yourself first (financially)What you teach and model is more important than how much you pass onMaking investing and financial literacy part of everyday conversations (age-appropriate, of course)Open a 529 college savings account (or an RESP in Canada)Open a custodial account (the UK equivalent is a Junior ISA)Open a Roth IRA for your child as soon as they start workingHow to invest for your kids if you're just  getting by and can't invest for your kids nowThe one thing you can offer your kids that is priceless - a toolkit to tackle lifeI can't wait to hear and see all you do to protect, educate, and position your kids. Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode with a parent or future parent today. Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

We need to continue the conversation around what is happening in the market so that each person can respond accordingly based on his/her financial situation. We saw a dip in economic activity in the first quarter, and there have been talks of bear markets, but what should we know at this time?In this episode, I talk about:1. What is a recession?2. Who declares recessions in the United States3. The best time to prepare for a recession3. 8 Tips for handling your finances in the face of a recessionI hope this episode provides you with tools to better understand what's going on, and actionable tools to respond and protect your finances today.Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode on iTunes. Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

You read the title right! Sayo and her husband accomplished this while living in Nigeria until they relocated to Canada in 2020. I'm so inspired and energized by this episode. What a journey and a testament to what is possible. I'm convinced that there's something for everyone in this episode. Sayo Tola –Adenaike is a Personal Finance Educator and Global Professional Accountant withover 15 years of experience. She is a member of the Institute of Chartered Accountants ofNigeria, the Chartered Institute of Management Accountants UK, and the Chartered ProfessionalAccountants of Canada. Sayo currently works as the Finance Controller at a faith-based not-for-profit organization, based in Waterloo, Ontario Canada. Follow Sayo on thefinancemum on Instagram.In this episode, we talk aboutWhy her family relocated to CanadaHow she started investing with her 9-5How she found ways to grow her income (7x at some point)Taking advantage of the opportunities where you areHow she brought her friends along on her financial journeyHer journey to FIRE and work optionalityHer why for FIREHer return to work and what she wants her kids to know about her journeyHow Sayo and her husband partner in their financesAnd so much more! Beyond her professional accomplishments, Sayo is passionate about achieving financialindependence and empowering others to do the same. She is the founder of TheFinanceMum,a platform where she shares her experience, knowledge, and tools to help people advance ontheir journey to financial freedom and ultimately, personal fulfillment.  Sayo is an active volunteer in her community, investing time in advancing various causes within her spheres of influence. She ismarried to Adetola and they are blessed with 4 children.

The stock market has been in rollercoaster mode so far in 2022 and who knows what's next? There are certainly a lot of opinions out there but no one has a crystal ball. There's also a lot of jargon being thrown around. My goal with today's episode is to break down the jargon and explain what in the world is going on with the Fed such that someone with the least around of interest has a basic understanding so they can make informed decisions.In this episode, I talk about:1. Who/what is the Fed and why does it exist?2. The most influential tool used by the Fed 3. What is the Federal Funds target rate? 4. How do banks charge each other interest and how does the federal fund's target rate affects you and I3. How does the Fed raising the target rate affect savings accounts?6. How does the Fed raising the rate affect our best, and especially homebuyers?7. How does the Fed raising rate affect the stock market and immediate investor psychology?I hope this episode provides you with tools to better understand what's going on, to dig deeper, and most importantly, to make informed decisions. Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode on iTunes. Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

I promised I would share more travel tips and so I'm back with 12 tips to save you money on travel starting with your very next trip. Travel (even budget) is a luxury but it doesn't have to be out of reach and there are ways to make it happen. Travel has enriched my life and I want to share ways for you to experience it as wellIn this episode, I share 12 tips to save money on travel:1. Travel to places where your home currency will go further2. Travel during shoulder or off-season3. Using points and miles to cover some costs4. How to save on foreign transaction fees5. Getting discounts while abroad6. Adding free activities to your itinerary and so onI don't just share these tips, I share practical examples of how I have used these tips in the pastResources:1. Here's the blog post with details on building your travel budget. At the bottom of the post, there's a link to my travel budget template. 2. I also referenced Scotts Cheap Flights for flight deals.Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode on iTunes. See you in a few weeks!Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

When you're getting your financial house in order, you might wonder how many bank accounts you should have and what types of bank accounts? In this episode, I do not share a magical number, instead I help you cHow having multiple accounts can help you stay on track and organized with your financial goalsAccount #1: My operating bank account and my goal for this accountAccount #2 My emergency fund to keep me afloat in case of emergenciesAccount #3: Sinking Funds and how I save for those using multiple savings accountsAccount #4: My other checking account (for travel and associated to my The why behind my use of traditional bank accounts and my use of high yield savings accountExplaining why High Yield Savings Accounts (HYSAs) are able to pay more interestThe High 5 Banking Method vs the 4 Bank Account Bucket MethodThe importance of building systems and processes around your finances and the bank accounts you have are meant to aid in your goalsBusiness accounts (savings and checking should be entirely separate from the examples above)Whatever you decide, the total number of bank accounts that you need is the number of bank accounts that you will use. Need to learn more about sinking funds by reading this blog post. Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode on iTunes.Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

Pivoting into tech is a popular move lately but how are regular people actually doing it? When Dumebi shared that she pivoted into tech and doubled her base salary, I knew I just had to bring her on the podcast to share her experience with you. Dumebi Oti is a Cloud Economist at a Tech Company in the United States. In this episode, we talk about:Is the move to Teach as sexy and exclusive as it sounds on Instagram?What she was doing before and why she decided to make the switch from Finance to Tech?The key things she did to prepare for the transition  (upskilling, applying, networking, boot camps, etc)For anyone looking to make a similar transition, what pitfalls should they avoid?What people should look for should they decide to go with a Bootcamp or course Lessons learned from the interview process and what she would do differentlyWe talked JustMovedToYankee (JMTY) and what she finds most rewarding. How her personal experience transitioning into Corporate America inspired her to start JMTYA little more about Dumebi: after graduating from Babcock University, she moved to the U.S to pursue a Master's degree in Economics from The University of Texas at Dallas. Upon joining Corporate America, she realized that she and a lot of other African immigrants struggled to integrate into the system due to cultural differences & information gaps. So she created JustMovedToYankee (aka JMTY); a community dedicated to helping African immigrants thrive in the U.S! She's also the owner of 360SoftPlay, in the Dallas bounce houses and soft play for kids. Follow Dumebi on Instagram at @doomaybee; @justmovedtoyankeeThank you so much for listening to this episode of The Rich Immigrant podcast. Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

In last week's episodes, I shared that I just returned from a conference in Dubai and Jordan but I didn't go into details. After sitting on some of the life lessons I picked up, I just knew that I had to share. In this episode, we discuss:Why I decided to go to the conference all the way in Dubai9 Life lessons I'm taking and running withPower indecisiveness and actionThere are so many paths to successYou cannot advance beyond your mindsetDon't allow a challenge to immobilize youWho you become is more important than where you are and what your title isWhat are you angry about? How will you direct that anger?You can't build a reputation of integrity overnightBuilding tribes. Well all need them!Paulisms from Paul PolmanThere are so many more lessons that I could share but I hope these 9 help you! Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode on iTunes.Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

It is financial literacy month and this episode was inspired by a listener's question. How timely! The truth is that you may have an advanced degree in the most complex topic and not be financially literate. On the flip side, you may not have a University degree, yet be financially savvy. But I'll be the first to acknowledge that with all the jargon, acronyms, and so on, it can feel overwhelming, This episode helps you come up with a plan that alleviated the overwhelm, In this episode, I explain What is financial literacy3 Key steps to jumpstarting your financial literacy journey. They includeMaster the basics and learnKnow that you can't figure it all out in one day, week, or month. Take your timeMake learning continuous even after mastering the basicsYou can take things one day at a time and become the badass CFO of your own life! Talking about financial literacy, I'd like to invite you to an event that helps you do just that. The Mamas Talk Money Summit will help you understand generational wealth, how you can start building it even if you're starting from scratch, and how you can leave a financial legacy that aligns with your values for your kids. 3 days, 5 keynotes, 9 panels, and 3 workshops for $49!The event is happening over the weekend of April 8th through 10th and registration is officially open! Tickets are $49, an absolute steal for the knowledge you'll gain for yourself and your family. Replays will be available.I will be on a panel discussing the topic - Breaking Generational Money Cycles. This will be a conversation about how to handle changing a money mindset from childhood (especially when your parents/grandparents hold different views), navigating cultural expectations, and more. This is such a relevant conversation especially for us as immigrantsSo, click the link below and grab your ticket now, buy it for the mom or mom-to-be in your life! Then hit reply and let me know you're going to be there so I can watch for you. With my affiliate link/code, you get $5 off your registration!Join me at Mamas Talk Money: The Legacy You Leave by grabbing your ticket here! Or Enter Code : MONEYMAMADEEYou are worth this! Thank you for listening to this episode of season 5 of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode. Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

Season 5 is here and I'm kicking things off with a timely conversation during women's history money.  Sally Krawcheck said that nothing bad happens when women have more money, I'll take it one step further and say nothing bad happens when women understand money better and are better positioned to earn, keep, and grow wealth. In this episode, I share :1. The median net worth of Black, Latino, and White women relative to men2. Why women need to grow wealth3. I dig into three main ways that women can become financially empoweredFinancial literacyGetting a money tribeCreating a plan and using your voiceMore women need the skill set, confidence, and community to control money and I'd like to invite you to an event that helps you do just that. The Mamas Talk Money Summit will help you understand generational wealth, how you can start building it even if you're starting from scratch, and how you can leave a financial legacy that aligns with your values for your kids. 3 days, 5 keynotes, 9 panels, and 3 workshops for $49! The event is happening over the weekend of April 8th through 10th and registration is officially open! Tickets are $49, an absolute steal for the knowledge you'll gain for yourself and your family. Replays will be available.I will be on a panel discussing the topic - Breaking Generational Money Cycles. This will be a conversation about how to handle changing a money mindset from childhood (especially when your parents/grandparents hold different views), navigating cultural expectations, and more. This is such a relevant conversation especially for us as immigrantsSo, click the link below and grab your ticket now, buy it for the mom or mom-to-be in your life! Then hit reply and let me know you're going to be there so I can watch for you. With my affiliate link/code, you get $5 off your registration!Join me at Mamas Talk Money: The Legacy You Leave by grabbing your ticket here! Or Enter Code : MONEYMAMADEEYou are worth this! Oh and if you register soon, you get a free bonus money conversation card printable set to get you and your kids to talk about money. Thank you for listening to this episode of season 5 of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode. Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

For many immigrants and children of immigrants, travel is seen as a luxury and isn't often considered. My first time on a plane was to come to the USA (cue Coming To America) just before my 17th birthday. Now, I've been to 57 countries. In this episode, I share five tips for creating a realistic travel budget:1. How going over budget sucks and the reason many travel budgets are not realistic2. Considering the number of travelers and whether costs are splot3. Identifying all possible cost categories to avoid surprised4. Clarifying the vacation style for your trip (budget, mid-range, or luxury)5. What to research to create a reasonable budget in each category6. How I leave room for flexibility in my travel budgetAs I promised, here is the link to the blog post with details on building your travel budget. At the bottom of the post, there's a link to my travel budget template. Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode on iTunes. See you in a few weeks!Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'

I'll be honest, it's no fun seeing everything in the red lately. What does that mean for us as investors? Should we stop investing? In this episode, I share about1. What's been going on in the stock market2. How far things will drop3. History of stock market recoveries4. Dollar-cost averaging5. Automating Investing6. You haven't actually lost if you haven't sold7. Diversification8. Understanding and staying within your risk tolerance9. Any amounts needed in the short term should be kept out of the marketI continue to invest because I have a plan because I have time and I'm investing within my risk tolerance. I'm in it for the long haul and will continue what has worked for me. This is not financial advice, it is for educational purposes only. Thank you for listening to this episode of season 4 of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode. Stay connected with the podcast and join our community online at www.therichimmigrant.com or on  Instagram at 'Therichimmigrant.'