The Rich Immigrant

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Rashidat (Shida) and I picked up from where we left off in part 1 of our conversation. 

Rashidat is a 1st generation immigrant and the founder of Investing Padi,  an online community that aims to educate immigrants, minorities, and women about the value of investing in the stock market.

Her community started after discovering that many people just like her miss out on low barrier to entry investment opportunities offered in the stock market.  Rashidat is dedicated to empowering her community by educating them about the basics of investing, overcoming limiting beliefs and fears associated with investing, and showing them that they can start investing with little, which can go a long way in the future.

Rashidat has a B.Sc in Physics and M. Eng in Energy Systems Engineering. In addition, she has a background in operations, engineering, and consulting.   She loves to chat with her community about different ways of building sustainable wealth.

In this concluding part, we talk about:

• What she'd say to someone that is brand new in the investing journey and overwhelmed by all the noise and information
• An exercise for newbie investors looking to invest in individual stocks
• Expanding your circle and consumption of financial information
• Enjoying the now (YOLO) vs Investing
• Her why for investing
• The beauty of being a beginner and her FREE e-book on investing
• Saving for retirement vs investing for kids
• In her words, what it means to be a rich immigrant

Keep up with Shida on Instagram @investingpadi where she shares financial gems all the time!
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 where I share bite-sized financial information.

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.'

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Rashidat (Shida) is saving and investing for her future Rich Auntie self! I don't know about you but that resonates with me so much! This is yet another conversation I wish I had when I first started working, saving, and investing as an immigrant without parents to show me the way. Please listen and share this episode.

Rashidat is a 1st generation immigrant and the founder of Investing Padi,  an online community that aims to educate immigrants, minorities, and women about the value of investing in the stock market.

Her community started after discovering that many people just like her miss out on low barrier to entry investment opportunities offered in the stock market.  Rashidat is dedicated to empowering her community by educating them about the basics of investing, overcoming limiting beliefs and fears associated with investing, and showing them that they can start investing with little, which can go a long way in the future.

Rashidat has a B.Sc in Physics and M. Eng in Energy Systems Engineering. In addition, she has a background in operations, engineering, and consulting.   She loves to chat with her community about different ways of building sustainable wealth.

Keep up with Shida on Instagram @investingpadi where she shares financial gems all the time!

In this first part, we talk about:

• Why investing is important for us as immigrants and why she decided to do something about it
• What she learned from her dad and the importance of putting your money to work for you
• The ease of investing in the stock market
• Buying her first stock in 2018 with $25 and how that first stock has grown today
• How she started investing with her 401k only after a conversation with a work friend
• Why she is investing today
• Her money mistake with her HSA and how she's bounced back from that mistake
• The beauty of the financial literacy journey

With the newbie investor in mind, Shida has written a FREE e-book to help you get started with investing in individual stocks. Stay tuned for part 2 of the conversation on Sunday! 

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.'

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There are more ways to invest in real estate than many realize. On this last day of National Homeownership Month, I'm sharing five different ways to invest in real estate. 

Here are five ways to invest in real estate (even with little money):

1. Investing in REITs (you can start with less than $50)
2. Real Estate Crowdfunding platform
3. House Hacking
4. Buying Investment Property
5. BRRRR method


Bonus: Looking into options 4 and 5 but don't have the funds? I share a way to do so.

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 where I share bite-sized financial information.

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.'

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Over memorial day weekend, I talked with my friend, Suzanne, about her real estate investing journey. This is the second in a two-part series. In the first part (episode 25), we talked about buying her first property in New York as an immigrant woman, how she assesses an investment property and the biggest resource for newbie real estate investors.

Suzanne Brume is a management consultant (an executive at that), an avid fitness enthusiast, a real estate investor, and an investor in many other engines. She lives in New York City but has spent a lot of her time exploring the world. She believes in utilizing the tools we have to build financial independence, and also educating women and black people to be able to do the same. Keep up with Suzanne on Instagram and Twitter @ eightsnweights where she shares fitness routines every Monday! The lady rocks a six-pack all year, yall! 

In the concluding part of our conversation, we pick up right where we left off and we talk about:

1. Getting cash to start out in real estate investing and how options available to reduce that initial capital burden
2. House hacking: What it is and how it works
3. The realities of self-managing your investment property
4. Best time to transition/outsource to hiring a property manager
5. Cost of getting a management company and alternatives to reduce those costs
6. How she picks real estate markets to invest in
7. What her ideal real estate portfolio looks like

We wrap up the conversation with Suzanne's definition of what it means to be a rich immigrant and her parting words for immigrants like you and me.

Please listen and share this episode. 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 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.'

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Buying your first property as an immigrant can be tough, but Suzanne has not only done so, but she has also expanded her real estate portfolio. I sat down with my friend and colleague and she shared the inside scoop on her journey (you will not see this anywhere else).

Suzanne Brume is a management consultant (an executive at that), an avid fitness enthusiast, real estate investor, and an investor in many other engines. She lives in New York City but has spent a lot of her time exploring the world. She believes in utilizing the tools we have to build financial independence, and also educating women and black people to be able to do the same. Keep up with Suzanne on Instagram @ eightsnweights where she shares fitness routines every Monday! The lady rocks a six-pack all year, yall! 

In this first part, we talk about:

• How she got into real estate in her 20s
• Why she bought her first property in one of the most expensive markets in the world
• Buying property as a non-us Citizen or permanent resident (she was on a visa at the time)
• How she assesses an investment property vs home to live in
• Things to look out for when buying an investment property
• #1 resource or community that she would recommend for newbie real estate investors (shoutout to the Bigger Pockets community)
• Numbers to run when evaluating a property

It is a conversation I wish I had when I first started working, saving, and investing. Please listen and share this episode. Stay tuned for part 2 of the conversation 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.'

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Who's ready for a hot girl/hot guy summer? How about a rich immigrant summer? I love the great summer energy and the good positive vibes. But I've got a confession; I don't know about you but summers are the toughest season on my budget so I'm refreshing my budget accordingly.

What better time to refresh your finances than the summer? Let this be your summer finances refresh! Here are 5 ways to refresh your finances this summer:

1. Refresh your money mindset
2.Refresh your financial goals
3. Refresh your money habits
4. Refresh your budget and know your numbers
5. Refresh your money conversations


Blog Post
20 Financial Goals:
Budgeting 101:

Here's to a beautiful and memorable summer, one that does not leave us broke! 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 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.'

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I don't know about you but I love graduations and I'm a sucker for a good graduation speech. Something about that transition from being a student to adulthood (such a scan btw) always has me in my feelings about the journey culminating in those moments where we don our caps and gowns. Celebrating the accomplishment and looking ahead with great hope for the future.

When Nina reached out to ask that I share things that I'd tell my younger self, I had to do it! I could have gone on and on but I wanted to keep it around 20 minutes (way longer than a typical graduation speech). Here are 8 things I wish I knew as a brand new graduate:

1. You are not behind on life, not now, not ever
2. Focus on relationships always but know that they will evolve
3. Normalize therapy and asking for help
4. It's time to get down and dirty with your finances
5. Cultivate the habit of giving back
6. Decide who you are or the world will define you
7. No one has done this before, we are all winging it
8. Always do your best work

Bonus: Find your voice and use it, but don't wait to feel courageous. Move even in uncertainty.

This episode is for the new graduate, the not-so-new graduate, or for the person in a season of transitions. I hope this episode meets you where you are. Over here at The Rich Immigrant, we are rooting for you in all seasons!

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 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.'

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It is summer, we are getting vaccinated in the USA, we are feeling hopeful again. What better time to visit the topic of living our best rich lives than now? We have been reminded to live life to the fullest, to make each moment count, to hug our loved ones.  Here are 4 key steps to living your best rich life right now?

1. Define what a rich life looks like for you
2. Write down that list
3. Audit your habits and behaviors
4. DO - Do the things that are in line with the person you are becoming.


Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode on itunes.

Want to attend my free Investing webinar? Join my webinar at 6 pm CST on  May 27th, 2021, and let's demystify investing! Register here.

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 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.'

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Season 3 is coming back starting next week! I'm super excited and I hope you are too! Catch up with me on Instagram, on the blog, and on the last 2 seasons of the podcast!

Season 3 is here, the first episode drops next week!

Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode on iTunes. Here are the best ways to stay connected:

1. Join our community of Rich Immigrants and friends here
2. Visit the blog at www.therichimmigrant.com or
3. Get all the snippets and daily banter 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 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.'

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In this last/bonus episode of Season 2 of the podcast, I talk with my friend, Korm Aguh-Stuckmayer about starting a business as immigrants. This episode was inspired by a listened question sent in about a month ago.

 Korma did out start out looking to be an entrepreneur. Today, she works as a business analyst 9-5 and runs Afrocontigbo 24/7. In this episode, Korma and I talk about:
 

• How she recognized a problem and created the community she needed
• What can come from moving in fear
• Blocks/lack of information that holds immigrant entrepreneurs back
• Power of consistency and the journey from 2014 to date
• What it means to be a Rich Immigrant in her own words

Korma Aguh-Stuckmayer CEO of ‘Afrocontigbo’ dance company is a Nigeria born artist who grew up enjoying dancing and entertaining others.  Korma believes that in exercising the mind and body through movements and rhythm a person is complete. She is active in her community, sharing her culture and using her gifts and talents to inspire future generations. She currently offers online interactive Afro dance classes. Check out this Vimeo feature on Korma Afrocontigbo. Keep up with Korma on Instagram at afrocontigbo.

What questions do you have on starting a new business? What questions do you have for future entrepreneurs on the podcast?

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.' For business or other inquiries, please reach out at helloATtherichimmigrant.com

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.'