Photo by Mārtiņš Zemlickis on Unsplash
Every immigrant is on a life journey. The journey is a marathon, not a sprint.
Everybody has their own story of how they got here, and how they’ve navigated the journey to this point. Every individual has a distinct definition of their final desired state.
Every immigrant has their own unique narrative. Their narrative is defined by their upbringing, their journey of getting to the U.S. and the dreams that keep them going, day in, day out.
According to pewreaserch.org data, there were about 45 million immigrants in the U.S. in 2018 which is about 14% of the country’s population. This translates to 45 million, unique stories, stories best told by the owners.
What is your story?
What is your desired final state?
What is driving you to achieve that state?
Answering these questions goes a long way in helping you set financial goals and make a plan to achieve those goals.
We would love to hear and share your unique narrative. Ready to Get Started?
To continue being a part of the conversation on financial issues that affect immigrants subscribe to Elgon’s blog posts by email Sign up for regular updates.
Disclaimer: This article is provided for general information and illustration purposes only. Nothing contained in the material constitutes tax advice, a recommendation for the purchase or sale of any security, investment advisory services, or legal advice. I encourage you to consult a financial planner, accountant, and/or legal counsel for advice specific to your situation. Reproduction of this material is prohibited without written permission from Jane Mepham and all rights are reserved. Read the full disclaimer here.
Recent Articles
Afraid To Talk To Your Kids About Money? My Mom Is Not
I talked to my kids about money starting with the day they tried making a fuss at the store about something.
It’s very interesting to hear of this experiences from my youngest. In this guest post, she details what she remembers about those money lessons and the impact they have had on her. Very interesting.
Do I Pay Taxes On Gifts From Overseas Family?
If I receive gifts from overseas, what taxes am liable for?
What are the tax considerations for receiving gifts from overseas families when you live in the US and you are a tax resident?
How to Report Foreign Rental Income on US Taxes
If I own foreign rental property, do I have to include the income when I file my US taxes? The answer is yes, although it depends on your tax residency status. Read the rest of the post for the details on how you go about figuring this out and what to do with your foreign rental income.
