101: The Financial Milestones That Actually Matter Artwork

The Rich Immigrant

When you hear the word immigrant, the word rich doesn’t always come to mind. Immigrants can attain financial independence; we can lead full lives in our new homes while maintaining our identities.Each Wednesday, join Dee Olateru, a 3-time immigrant, and your everyday aspiring rich immigrant, as she shares tips, and stories to help immigrants do just that. The Rich immigrant podcast was created to be what the next immigrant needs to thrive and what we need as a community of 1st and 2nd generation immigrants.If you’re a first or 2nd generation immigrant, or just want great but relatable money and life conversations, this is the podcast for you! For more inspiration, follow the @therichimmigrant on Instagram or at www.therichimmigrant.com

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The Rich Immigrant

101: The Financial Milestones That Actually Matter

July 21, 2024 • Dee Olateru • Season 9 • Episode 101

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Early on in my financial journey I came across an article about financial milestones by age and I was completely discouraged by it. Why? Because based on my life circumstances, I was no where near the milestones for my age.

Instead of looking at age based milestones, in this episode of the podcast, I focus on 5 financial milestones that actually matter regardless of your age.

1. Living Below Your Means (& Investing Early and Often)
2. Having and honouring your financial boundaries
3. Becoming Financially Literate/Aware
4. Avoiding Lifestyle Creep When You Become A High Earner
5. Building Wealth and Making Money Conversations The Norm With Your Kids

Now, I think those milestones are good guidelines, but they are probably work for those who live a very check-the-box lifestyle with everything going to plan from birth! Unfortunately, this is not the story for most of us. Now, over a decade later, while I didnt start out close to the milestone for my age, I'm on track to exceed the next financial milestone.

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.'