Once we realized we needed to become WEALTH BUILDERS, no matter the immigration barriers we faced, we went decided to go ALL in and master investing and financial strategies & systems.
So what separates those who take action — Immigrant Wealth Builders — from those who stay stuck?
Turns out there’s some unexpected, game-changing lessons we had to learn along the way. Learn about 4 of the top wealth building codes that changed the rest of our lives and family legacy here.
You can start implementing these lessons today in Immigrant Finance School®.
You’ll get the exact steps to learn how to open investment accounts, grow your hard-earned money to 6-figures+ in passive income confidently, master the U.S. financial system, and build generational wealth to secure your future, all regardless of your immigration background or status.
1. Mindset changes: learning to think like wealth builders think.
Wealth builders don’t do the survival thing. They find ways to THRIVE.
They constantly stay focused on investing in building assets – things that will give them more money in the long run, so they can have their money work for them.
For example, they invest in the stock market, property, and businesses, knowing doing so will pay infinite returns in the future.
They also invest in themselves – their own knowledge, skills, and training — and their opportunities to build wealth.
Additionally, wealth builders focus on increasing income. They know their budget and credit score don’t matter when there’s not enough income (or savings or investments).
So we learned to re-wire our thinking and move like the wealthy do.
Instead of acting by default from a scarcity mindset of survival mode like we had been raised, always preparing for the worst, we changed the way we think.
We started making decisions from an abundance perspective.
- We began investing in our knowledge, ourselves, and our family’s future.
- We started investing seriously in the stock market, and learning how to become homeowners.
This led to us building a strong investment portfolio, starting our dream business, and buying our dream home.
2. Time is worth more than money.
When it comes to building generational wealth, wealth builders do NOT waste time. They don’t wait for “the right time” to start — when they want to expand and make more money, they move.
Wealth builders understand time is WAY more valuable than money.
They know you can always make more money, but you can’t get your time back. So they take action, knowing that even if they could have made a better decision, they will learn from it faster by making A decision, and moving forward, rather than staying stuck.
They also understand that especially in the stock market, having time in the market for your money to grow is the #1 to build wealth.
Wealth builders also frequently invest in mentors, training programs, and consultants who can help them get where they want to go faster by collapsing time.
We wish we knew this lesson earlier. We spent 7 years piecing together what felt like thousands of resources, books, and youtube videos to learn how to invest on our own and navigate the U.S. financial system as a mixed immigrant family.
At a bare minimum, we could have made at least $22,189 during those 7 years just from investing $200 each month and having time in the market for our money to grow (check out the calculator below or play with it yourself here).
We personally lost out on 7 years of time and at least $22,189 we could have been making in that time by trying to figure it all out on our own without support, the slow way.
We don’t make this mistake anymore. Now, whenever we have the opportunity, we invest in getting resources and guidance like wealth builders do. We understand it will save us years of time and thousands of dollars we could otherwise miss out on by trying to figure it all out on our own.
3. Having a system is key.
We learned the power of SYSTEMS.
We needed a step-by-step plan on how to lay a solid foundation for managing money, investing, increasing income, buying property, and build a business so we could have an action plan to build generational wealth.
Otherwise we constantly felt lost, not knowing what else we were supposed to be doing and in what order.
Without having a system, we wasted a ton of time trying to figure out what we were missing in our financial planning and in what order to do what next.
We learned to instead invest in proven frameworks, processes, and methods that would allow us to make sure we’re taking the right steps toward our goals.
4. Support and accountability ACCELERATE financial growth.
We also realized that trying to learn about building wealth on our own without mentorship and community support is not only less effective, but way less fun.
Alone, we often got stuck, and caught up in our own negative beliefs that would hold us back.
So we found mentors, coaches, community support spaces to be around other immigrant families and entrepreneurs building wealth and thriving. With that came inspiration and accountability.
Wealth builders seek out groups of people who can help push them further.
That’s exactly why we offer both private mentorship and group coaching option in our signature wealth building program Immigrant Finance School®.
People who try to figure it out solo only get so far, and lose months and years of time in the process.