61 episodes

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

The Rich Immigrant Dee Olateru

    • Business
    • 4.9 • 34 Ratings

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

    46. How Women Can Become More Financially Empowered

    46. How Women Can Become More Financially Empowered

    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 men
    2. Why women need to grow wealth
    3. I dig into three main ways that women can become financially empowered
    Financial 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 immigrants
    So, 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 : MONEYMAMADEE

    You 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.'

    • 17 min
    47: How To Jumpstart Your Financial Literacy Journey

    47: How To Jumpstart Your Financial Literacy Journey

    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 immigrants
    So, 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 : MONEYMAMADEE
    You 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.'

    • 19 min
    48: 9 Life Lessons I Picked Up From TIWLC (and I'm running with!)

    48: 9 Life Lessons I Picked Up From TIWLC (and I'm running with!)

    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.'

    • 22 min
    49: How Dumebi Pivoted Into Tech and Doubled Her Base Salary

    49: How Dumebi Pivoted Into Tech and Doubled Her Base Salary

    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 JMTY
    A 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; @justmovedtoyankee

    Thank 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.'

    • 41 min
    50: Types of Bank Accounts You Should Have, And How Many

    50: Types of Bank Accounts You Should Have, And How Many

    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 c
    How 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.'

    • 19 min
    51: 12 Ways To Save Money On Travel

    51: 12 Ways To Save Money On Travel

    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 well

    In this episode, I share 12 tips to save money on travel:

    1. Travel to places where your home currency will go further
    2. Travel during shoulder or off-season
    3. Using points and miles to cover some costs
    4. How to save on foreign transaction fees
    5. Getting discounts while abroad
    6. Adding free activities to your itinerary and so on

    I don't just share these tips, I share practical examples of how I have used these tips in the past

    Resources:
    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.'

    • 21 min

Customer Reviews

4.9 out of 5
34 Ratings

34 Ratings

Knaglich ,

Thoughtful and Insightful Discussion

Dee's episode on her personal journey to FIRE was a great listen. I loved how she looked at the concept from a number of perspectives: does it make sense, is it exclusive, does it promote an obsession with money, and does it look the same for everyone? I feel that such a thoughtful discussion that considers so many points of a deep topic like this goes to show the quality of Dee's podcast and her great ability as a host.

Thirstyearthyogi ,

Inspiring....a breath of fresh air

Dee’s financial podcast is a treat! She’s relatable, as she reflects on her own experiences to drive a/the point home. She does an excellent job of exploring the individuals relationship with money: the impact of the individuals money mindset influenced by our mentality about money based on childhood upbringing, financial literacy or lack of etc. She keeps each episode light, hopeful, maintains a positive attitude of encouraging the listener to begin to do better with managing finances no matter where they’re at which is refreshing! She’s willing to be vulnerable with her audience by sharing her own experiences with managing her finances, which draws you in and as a listener I find this to be one of the best aspects of her podcast. I’d encourage any person regardless of age, or other demographics who is on the journey of financial empowerment to listen to Dee’s podcast!

EmmanuelN.A. ,

Super relevant, great presentation

Only a couple of episodes in and I can’t speak highly enough about this podcast. As a fellow immigrant and a junior colleague, this podcast is a clear representation of what I identify with and what I aspire to achieve. Pure inspiration, Dee! Keep the episodes coming.

Top Podcasts In Business

Ramsey Network
NPR
Andy Frisella #100to0
iHeartPodcasts
Guy Raz | Wondery
Jocko DEFCOR Network