The Rich Immigrant

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There are quite a few terms used in the investing world. While we were not taught these terms at school, its quite wild that we are suddenly expect to be versed in this language as adults. In this episode of the podcast, I break down:

1. A public or listed company

2. Stocks and Shares

3. Fractional Shares

4. Why Companies Sell Stock

5. Stock Market

6. Mutual Funds

7. Exchange Traded Funds (ETFs)

8. Index Funds

In conclusion, Stocks, Mutual Funds, ETFs, and Index funds are all tools for you to consider in your investing portfolio. 

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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You've probably seen a lot of payday routines on Instagram and Tiktok lately but they're not really new. In this episode of the podcast, I talk about:

1. What a payday routine is
2. How a pay day routine is similae to being inentional with our diwts and exercide
3. Why you should have a pay day routine
4. What every pay day routine should consist of
5. My own pay day routine. 

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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For a long time, I've wanted to have this conversation on the podcast. In honour of Women's History Month 2025, I talked with 2 amazing women who are single for now, and thriving financially. In this episode, we talked about:

1. Their financial aha moments that made them decide to get their finances together
2. The first steps they took on the journey
3. The kind of money converdations they  had on the journey, or if they did not, why not? 
4. Their thoughts on whether there's a difference in how millennials and Gen Zs approach money? 
5. W has gotten in the way of women thriving financially?
6. Addressing singlex tax and how it may affect singles
7. Today, their why or reason for thriving financially?
8. Being currently single, how does being financially aware and financially fit impact how you show up in romantic relationships and what would you be looking for in a partner?
9. Would they be okay with a partner that makes significantly less than you do? Why or why not?

Simi Iledare was born and raised in Nigeria. She moved to the United States in 2001, earning her bachelor's and master's degrees in Accounting. She also holds a CFE and CPA designation. Simi has worked in the United States and the United Kingdom and has over 15 years of experience in accounting and auditing. Before 2021, she worked as an auditor with a public accounting firm. She currently works in regulations. She currently lives and works in the United States. In addition to her day job, she has a passion for seeing the world and helping others see the travel possibilities, especially for those working full-time and/or holding a weak passport. You can follow Simi on Instagram at @thesimiedit.   

Rimi is a personal finance content creator and Senior Business Analyst in the gaming industry, with 5 years of experience in analytics. Numbers have always been a part of her life, both in her professional work and her personal brand. She started sharing personal finance content when she recognized a gap in financial literacy among young adults, aiming to help others navigate the financial world. Her mission is to empower young people to take control of their finances early on, because personal finance isn’t taught in schools, but mastering it early can be life-changing. Through her blog, Wealth Savvy Gen Z (www.wealthsavvygenz.com), TikTok (@wealthsavvygenz), and Instagram (@Rimikelala), she provides practical tips and insights on managing money, saving, budgeting, investing, and more. Sign up to her recently launched newsletter where she shares actionable tips for people to take control of their financial journey and sprinkles some of her life tea and her current faves weekly. It's here

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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This topic is not new to the podcast. In fact, exactly 2 years ago, I covered Black Tax in episode 73 of the podcast (check it out). But it isn't a one-time conversation. In this week's episode of the podcast, I cover:

• The fact that Black Tax remains a reality for many immigrants
• Deciding on a Black Tax budget and setting aside an Black tax emergency fund
• Deciding on what your exceptions are before hand
• Defining you other boundaries (i.e. a minimum number of days for a notice period etc)
• Your role in enabling financial dependence
• Savior complex and survivor's guilt
• Thinking Long term

Let 2025 be your hear of No, or Not this time. Let it be the year to sit with any enabling tendencies or motivation for saying yes when you can't really afford to.

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 a world that glorifies hustle culture, what happens when you decide to walk away? In this episode, I sit down with Mae Onyekwum, an immigrant who had the courage to leave her dream high-paying job to redefine success on her own terms. We delver into the pressures of hustle culture, especially as immigrants. 

Tune in to hear

• What hustle culture mean to her
• The initial work she did in order to even consider such a choice
• How she landed her dream job at Amazon
• The importance of marrying someone you're aligned and in sync with
• The reality and pressures of working in a fast paced environment
• The moment she realized that something had to change
• What it cost (financially) to walk away from her dream job
• How long it took from the decision to her last day
• How high demanding jobs can impact how you show up in other aspects of your life
• How the loss of her dad and brother shifted her perspective
• The financial choices she made earlier on that made this an option at all
• What her life is like now, on the other side of the leap
• A message for anyone wondering if this is even a possibility for then

Its time to rethink what success really means. Hit play, and join the conversation. 

Mae Onyekwum is what most people would call an all-rounder! She has established a career in the Supply Chain Technology space with over 18 years experience across Big4 consulting, Oil & Gas, Public sector and Retail eCommerce. SShe has lived in 4 continents but always calls Nigeria home!

Mae is also known for her passion for all things women's health and wellness having navigated a PCOS diagnosis since 2009. She considers her main priorities to be wellness, family and food! In 2021, she authored a kids cookbook titled "Risk with a Whisk" which doubles as an adventure story and activity/ puzzle book for young budding chefs. She runs a lifestyle and wellness blog called Good Living with Mae where you can find lots of recipes, musings and resources for holistically managing your wellness, and has recently launched an online women's health & wellness community hub. Mae currently lives in Canada with her husband and their 2 sons.

Keep up with Mae on her blog at www.goodlivingwithmae.com and on Instagram at : wellnessxmae

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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Happy New Year!!

Welcome back to the podcast. In this first episode of the year, I get into it by sharing about my Instagram break for the first month of the year. I also share about a pet peeve I recently discovered and how its led to some actions on my part. Then of course, we talked money!

Underrated Money Tips

1.  Spend less than you earn, save/invest/pay off debt with the difference
2. Invest early
3. Use credit cards wisely. Know yourself
4. Index funds are far better than mutual funds and often outperform individual stock picks
5. Maximize your tax deferred/Tax free accounts
6. Learn the difference between a need and a want
7. Marry the right person (don't marry the wrong person)
8. Pay yourself first
9. If you dont understand it, don't invest in it
10. 10. Put on  your life vest first - hello immigrants, we NEED this

Underrated Financial Resources

1. Personal Finance Reddit - Check it out here 

2. Dreamcatchers by Budgetnista on Facebook might be the community you need. Check it out here - 

Bring Your Money Dilemmas To A Safe Space

You asked and its here! This is new so I reckon we'll tweak as we go. Submit your money dilemmas by filling out this form. I may reach out to you will follow up questions if necessary in order to respond. Thank you for trusting me, and this community! Once again, the link to the form is here!

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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19 Podcast episodes later, and we are wrapping up the podcast for the year. In this episode of the podcast, I also answer some of your burning questions, as I always do. We dig into:

1. What I spent on in 2024
2. What I'm not buying in 2025
3. What I'm spending on in 2025
4. Some key personal lessons looking back on the year
5. Getting Promoted In Corporate America
6. Being a CPA and making Partner
7. Renting out my home
8. My goal with the blog and podcast
9. 401ks and Roth IRAs for International students
10. My Thoughts on wives being breadwinners in their homes


Thank you for riding with me all year, Lets go again in 2025!

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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We are getting close to the end of the year and podcast season. In this week's episode of the podcast, I'm answering a popular question by breaking down this topic. In this episode, we discuss

• Explain what a 401k is and then the difference between traditional and Roth 401k
• Examples of scenarios where one option may be better for you compared to the other
• Some truths that remain whether you pick traditional or Roth 401k

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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A LinkedIn survey of 33,000 people revealed that 62% had taken a career break at some point and 35% would like to take a break in the future.

Recently, I was talking to someone close to me who is considering tajing a career break and that conversation inspired this episode. The truth is that for different reasons, a career break is something that comes up in the course of our adult lives, but it means the loss of a paycheck.

In this week's episode of the podcast, I share 4 tips to help you financially prepare for a career break. In addition, here's the link to the investment calculator from Nerd Wallet to help you look at different scenarios. 

I hope you'll check out this episode 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 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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Well, we received an unexpected Thanksgiving surprise from one of the greatest investors of our time, Warren Buffet. In this week's episode of the podcast, I'm sharing my reactions to his latest letter and lessons that we can all draw from it. Do you agree or disagree, or this is a 001% problem? 

I'd love to read from you!

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.'