The Wealthy Immigrant

Wannie

This podcast exists to bridge the gap in the financial literacy for immigrants in Canada. As immigrants, we are not only faced with the difficulties of migrating and transitioning into a new society, we are also faced with the challenges of understanding the financial systems here. Join Wannie, your host, as she discusses topics on financial literacy biweekly to help get started with your financial journey as an immigrant. Mini-episodes to simplify financial concepts and guest interviews to learn from other wealthy immigrants' experiences.

Episodes

  1. 10/21/2024

    6: TWIBits – Understanding the TFSA (Tax-Free Savings Account) to Grow Your Wealth Tax-Free

    In this TWIBit episode, I simplify the Tax-Free Savings Account (TFSA). The TFSA is one of the most important wealth-building tools, yet many people misunderstand its potential. The Tax-Free Savings Account) is not just a savings account, as its name implies—it's much more than that! I explain how the TFSA helps you grow your wealth tax-free. Join me as I cover: The basic mechanics of how a TFSA works Annual contribution limits and contribution room Common misconceptions about withdrawals Key facts you need to know about the TFSA Whether new to Canada or looking to enhance your financial literacy, understanding the TFSA is key to unlocking your financial freedom. Tune in to learn how to leverage this powerful tool for your wealth-building journey! Don't forget to follow and subscribe! Please share this podcast with your community as we break the taboo around money conversations in the immigrant community. Connect with me: LinkedIn: Yewande Oduwole  Email: thewealthyimmigrantpod@gmail.com  I would love to hear from you on any questions or topic ideas you may have. #TFSA #thewealthyimmigrant #TWIBits

  2. 07/08/2024

    5: Women and Money: An Immigrant's Perspective with Amina Odukoya

    On this episode, Amina, podcast host at Sip 'n' Sisterhood and #MoneyMondays on Instagram, joined me to discuss our relationship with money from an immigrant women's perspective. We shared our experiences, laughed at our financial mistakes and explored every aspect of how money influences every decision we make as immigrant women. We discussed budgeting, navigating “black tax”, financial abuse, rising financially savvy next-gen, legacy planning and the importance of great friendships when starting our financial journey—no topic was left off the table. One main takeaway: There are many emotions and unconscious conditioning that deeply influence our relationships and perception of money. Acknowledging and understanding these influences is essential for a successful financial wellness journey. We hope you enjoy this episode! Don't forget to follow, subscribe, and tune in to future episodes. Share the podcast with your community, and let's continue breaking the taboo around money conversations in the immigrant community Connect with Amina: Linkedin: Amina Odukoya Instagram: MoneyMondaysWithAmina Spotify: Sip 'n' Sisterhood Reach out to me: LinkedIn: Yewande Oduwole  Twitter: The Wealthy Immigrant  Instagram: @thewealthyimmigrant Feel free to drop me a line at thewealthyimmigrantpod@gmail.com with any questions or topic suggestions. Keep the conversation going using hashtags #thewealthyimmigrant #TWIbits #TWIpod on all social platforms.

  3. 06/10/2024

    4: TWIBits - Understanding the RESP (Registered Education Savings Plan)

    As immigrants, we often encounter registered accounts early in our financial journey. The problem is that these accounts are usually poorly explained and seem very complex, leading many of us to analysis paralysis. As a result, many immigrants don't fully optimize or maximize these accounts in their portfolios. Join me as I break down the RESP to its basics. The RESP—Registered Education Savings Plan—has quickly become my favourite registered account since becoming a parent. The Wealthy Immigrant Bits (TWIBits) are short episodes designed to simplify financial concepts, products, and terms, making them more relatable and accessible for immigrants. Here are some links for further reading: RESP - https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/registered-education-savings-plans-resps.html RESP Payments & Withdrawals: Canada Revenue Agency RESP Payments & Withdrawals Don't forget to follow, subscribe, and tune in to future episodes. Share the podcast with your community, and let's continue breaking the taboo around money conversations in the immigrant community Reach out to me: LinkedIn: Yewande Oduwole  Twitter: The Wealthy Immigrant  Instagram: @thewealthyimmigrant Feel free to drop me a line at thewealthyimmigrantpod@gmail.com with any questions or topic suggestions. Keep the conversation going using hashtags #thewealthyimmigrant #TWIbits #TWIpod on all social platforms.

  4. 05/27/2024

    3: Building Generational Wealth by Raising Financially Literate Kids with Andre Smith (The Flip boss)

    In this episode of The Wealthy Immigrant podcast, I am joined by Andre Smith from the Flip Academy to discuss the importance of financial literacy for kids and youth. As immigrants, building generational wealth is a top priority, and Andre emphasizes that the journey begins at home and within the family. He shares invaluable insights on empowering and educating children to save, invest, and break generational cycles of financial insecurity. Here are a few key takeaways from our conversation: The goal of fostering financial literacy in kids is to give them the autonomy, tools, and resources needed to confidently make informed financial decisions. It's never too early to start. Introducing money conversations and habits, like using piggy banks, from age 1 lays the groundwork for understanding the value of saving and investing as they grow. Andre is championing an innovative app at Flip Academy, designed to enhance financial literacy for both parents and children. Available for download on all app stores. Connect with Andre: Website: Flip Academy LinkedIn: Andre Smith (The Flip Boss) You can also search Flip & Floss to access all of Andre’s content. I enjoyed this enlightening discussion with Andre Smith (The Flip Boss), and I'm sure you will too. Don't forget to follow, subscribe, and tune in to future episodes. Share the podcast with your community, and let's continue breaking the taboo around money conversations in the immigrant community Reach out to me: LinkedIn: Yewande Oduwole  Twitter: The Wealthy Immigrant  Instagram: @thewealthyimmigrant Feel free to drop me a line at thewealthyimmigrantpod@gmail.com with any questions or topic suggestions. Keep the conversation going using hashtags #thewealthyimmigrant #TWIbits #TWIpod on all social platforms.

  5. 04/29/2024

    2: Becoming Money Smart: An Immigrant's Journey with Yuwa Okungbowa

    In this episode of “The Wealthy Immigrant Podcast,” Wannie sits with Yuwa Okungbowa to explore her journey to financial literacy as a Canadian immigrant. Yuwa shares her most memorable experience with money as an immigrant and how earning her first paycheque improved her relationship with her father. During the conversation, Yuwa emphasizes the importance of asking thoughtful questions throughout your financial journey as a newcomer. She also shares the best and worst financial advice she ever received from other immigrants, along with the mistakes and lessons she learned along the way. Here are some key takeaways from the discussion: Leverage the internet as a newcomer. Before going to the bank, prepare a list of questions to ensure the financial products you are recommended are the right fit for you. Not all information you receive as a newcomer is beneficial. Compare every piece of advice to your financial objectives and goals. What works for someone else may not align with your situation. Tap into the knowledge of financially savvy individuals around you. Ask questions and take responsibility for your financial well-being. I thoroughly enjoyed this conversation with Yuwa, and I hope you do too. Don't forget to follow, subscribe, and tune in to the next episodes. Share the podcast with everyone in your community, and let’s continue to break the taboo around money conversations in our immigrant community. Let me know what money topics you'd like to hear more about! Connect with me: LinkedIn: Yewande Oduwole  Twitter: The Wealthy Immigrant  Instagram: @thewealthyimmigrant Get in touch: thewealthyimmigrantpod@gmail.com Use hashtags #thewealthyimmigrant #TWIbits #TWIpod to keep the conversation going on all social platforms. #financialliteracy #financialwellness #money

  6. 04/15/2024

    1: My Financial Literacy Journey as an Immigrant

    Episode #1: Come along as I share my journey to financial literacy as a Canadian immigrant. I discussed my first banking experience as a newcomer, how I fell into the trap of common misconceptions from fellow immigrants, ended up in debt, turned to books to understand Canada's financial system better, and ultimately, how I turned my financial situation around. I'm here to share what I've learned and highlight the importance of talking openly about money in our immigrant community. Let me know what money topics you would like to know more about! Connect with me: Linkedin: https://linkedin.com/in/yewandeoduwole X: https://twitter.com/wealthyimmigrnt Instagram: https://www.instagram.com/thewealthyimmigrant Get in touch: thewealthyimmigrant@gmail.com Use the hashtag #thewealthyimmigrant #TWIbits #TWIpod to keep the conversation going on all social platforms Disclaimer: All views and opinions shared on this podcast are for informational and educational purposes only. This is NOT financial advice. Please do your research and due diligence before making any financial decisions based on what you hear here.

  7. 04/01/2024

    The Wealthy Immigrant - Trailer

    Join Wannie, your host, as she discusses personal finance topics and simplifies financial concepts to bridge the gap in the financial literacy for immigrants across Canada. This podcast is here to break the barriers to wealth building for immigrants. Every episode aims to simplify money topics and foster open conversations about money in the immigrant community. The Wealthy Immigrant premieres April 1st, 2024, with new episodes every other Monday (released biweekly). Make sure to subscribe/follow to never miss an episode. Welcome on this journey with me - your host, Wannie.

  • 7 Episodes

About

This podcast exists to bridge the gap in the financial literacy for immigrants in Canada. As immigrants, we are not only faced with the difficulties of migrating and transitioning into a new society, we are also faced with the challenges of understanding the financial systems here. Join Wannie, your host, as she discusses topics on financial literacy biweekly to help get started with your financial journey as an immigrant. Mini-episodes to simplify financial concepts and guest interviews to learn from other wealthy immigrants' experiences.

Information