Immigrant Success: Top Financial Tips from Investment Expert Mindy Yu
Staff Editor Investment Manager Shares Financial Advice She Wishes Her Immigrant Parents Had Known
The financial landscape has evolved significantly since Mindy Yu’s childhood in Queens, New York. As the director of investments at Betterment, Yu now uses her experiences growing up in a working-class Chinese immigrant family to guide others in their wealth-building journey.
Yu’s parents, like many immigrants, faced numerous financial challenges. Her father worked as a self-employed handyman, while her mother initially worked as a seamstress in Manhattan’s Chinatown before leaving her job to support Yu and her siblings when they started school.
These early experiences shaped Yu’s career path and financial philosophy. After exploring various industries, including fashion merchandising, Yu found her calling in finance. She describes understanding the power of investing as a transformative moment in her life.
Reflecting on her family’s financial struggles, Yu shares three key pieces of advice she wishes her parents had known:
