Slay the Stock Market with Delyanne The Money Coach
Subscribe to Lemonada Premium for Bonus Content
Delyanne The Money Coach is here to help us retire early! She wants each and every one of you to live a life where your time is your own! AMEN. Delyanne worked as an employment attorney for seven years advocating for employee rights. But like many of us, she was getting burnt out. That’s when she discovered the power of investing and figured out she could stop working at 45 years young. Today, she is living her best life in Portugal, and she’s got tips for us on how to make our money grow and bring in that passive income. Tune in for easy and accessible tips on how to make the stock market work for you.
his series was created in partnership with Flourish Ventures, an early-stage global investment firm backing mission-driven entrepreneurs and industry influencers working toward a fair financial system for all. Learn more at flourishventures.com.
Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia.
You can find Delyanne on Instagram @delyannethemoneycoach.
Joining Lemonada Premium is a great way to support our show and get bonus content. Subscribe today at bit.ly/lemonadapremium.
Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: lemonadamedia.com/sponsors
To follow along with a transcript, go to lemonadamedia.com/show/ shortly after the air date.
Transcript
SPEAKERS
Delyanne, X Mayo
X Mayo 00:05
Welcome back to The Dough, where retiring early is the hot new trend, and baby, I’m ready for it. You know, if I retired early, say, about like 45-50 I would live on an island drink Virgin Pina Coladas every day and re watch season six of the Real Housewives of Atlanta, child because NeNe Leakes, honey. Y’all remember that? I think that was the white refrigerator episode, right? I think that was, yes, Kenya Moore, Lord Jesus, okay, but listen, y’all, I’m not about to work for the rest of my life. That is not my jam. If I have to pull up to an audition at 65 I’m calling elder abuse all myself, they say. Who called it me for me. Because why am I doing that? So today we’re talking about financial independence. Imagine not just surviving, but thriving, even without a job. I know some of y’all like girl crazy, but we’re gonna get into it. Think about a world where your time is your own, not the company’s time, or your boss named Kevin. Kevin is always 15 minutes late to meetings. You know what? Kevin? You need to get it together. Okay? How many times can you hit a deer? We live in Los Angeles. What are you talking about, right? And nobody knows financial independence better than Delyanne Barros. Delyanne worked as an employment attorney for seven years advocating for employee rights. We love it. She has always been for the people y’all but like many of us, she was getting burnt out. That’s when Delyanne discovered the power of investing and figured out she could stop working, not at 65 or 55 but she could retire at 45 years young. In 2020 she started teaching her course, slay the stock market, okay, per and in 2021 she quit her job. We love to see it. Delyanne, aka Delyanne The Money Coach, is showing others how to build a future outside the regular nine to five. Delyanne, welcome to The Dough.
Delyanne 03:42
Hi X, thank you for having me.
X Mayo 03:45
Okay, so before we get started with the show Delyanne, I always get into your business just a little bit, because this show is called the doe. So I want to know about money. And I want to know what did you spend your money on this week that brought you some joy?
Delyanne 03:57
Ooh, good question. Okay, honestly, my favorite thing to spend on, which is my loved ones and vacation. And when those two things collide, I’m like, that’s where my money is the happiest. So I just bought my mom’s flight to come visit me in Portugal, from Brazil. We’re also going to go to Prague to see my sister, to go to the Christmas markets. I’m already Christmas shopping for her, so I’ve been spending all the moneys on Family Travel. And to me, it’s like, that’s always the highest priority on my list. So it’s been a really good spending week.
X Mayo 04:27
I love that. And your last name is Barro, so is that? Like, are you Dominican?
Delyanne 04:32
I’m Brazilian.
X Mayo 04:33
Brazilian, wow, oh my god. I love it. I went down a rabbit hole on YouTube of the women that dance traditionally in Brazil, and it’s just like,it’s nuts, the way those hips move. I said, Wow, this is why isn’t there an Olympic medalist that does this competition?
Delyanne 04:51
This is true. If we could have break dancing, why can we have, like, samba?
X Mayo 04:55
We don’t want to get into that break dancing. We don’t want to go. I don’t know what that was. Okay. It’s. That girl was gonna having an episode. I don’t know what she was doing. I don’t know what’s happening. It was nuts to me.
Delyanne 05:06
I went down that rabbit hole on Tiktok. I just knew way too much about that situation.
X Mayo 05:09
I was like, we shouldn’t call that dancing. Excuse me. No, excuse me. No, she is I don’t know what she was flailing like a fly. It was crazy. But um, Delyanne, like you talk so much about money and how much your money is, like working for you even now, like being able to afford opportunities to your family, they can come see you and where’s your family based in.
Delyanne 05:31
So, my mom’s in Brazil, and that’s where I was born. And I have a sister who lives in Italy now, and another one that’s still in the States.
X Mayo 05:38
Wow, okay, so y’all, y’all like the UN the family, international? I love that. I love that, okay, but you are living in Portugal, and you are on track to retire by 45 and you are simply glowing. I can’t wait, because the people will be able to see video clips of this. And you are like, so radiant. And I was like, You know what? She needs to be my mentor. Okay, I think I need to know how to retire at 45 and live in Portugal. But first, I would love to know how did you get here. Like, what was your relationship with money? Like, growing up?
Delyanne 06:13
Yeah, I mean, I think I have, you know, a very similar experience to a lot of people who grew up as immigrants in the US. I moved to the US when I was eight years old. And so, you know, my family came with nothing. So money was a very scarce resource. So whenever you wanted something, my mom’s like, you know, she was of the, don’t even ask, like, you know, they have the look like, don’t even look at me and ask for that, because, you know, we don’t have it. So I became very entrepreneurial a very young age, knowing that, like, if I wanted any, any extra beyond, like, food, clothes, you know, the necessaries that I was going to have to go after it. And, you know, I did what a lot of the kids did. I would sell, like, lollipops at school and Airheads and all that, anything to make an extra bucks so I can go on a field trip. And then this, you know, my focus was always on education, because my parents were like, if you, you know, want to succeed in the United States, you have to have two things. You have to have two things. You have to have good education, you have to have good credit. And that was the extent of, like, my money education that my parents gave me. But those two things really helped me a little a lot. And so I’ve always had good credit. And I, you know, put myself through law school, and I became a lawyer. Um, but money has always been something that is felt like it was fleeting, like I have to be very, very careful with it, because it could be gone at any moment. And so there’s always been like fear around it, and it wasn’t until recently that I was able to break that and really build the wealth that I have today. Because when you strangle your money, it doesn’t grow like because the fear strangles it.
X Mayo 07:40
Wait a minute. Now that’s good, yeah, if you strangle your money, it doesn’t grow. Wow, that image alone is is so loaded, because I feel like you’re strangling it because you’re scared. You strangle it because you don’t know what to do. You’re strangling because you’re like, if I let it go, I ain’t gonna never see this again. Wow okay, Delyanne, pass the bottles, okay, hit us with a word, and we only six seconds in, yeah, okay, now we’re not gonna skip over what you said about putting yourself through law school. Okay? Because that is no small thing. Law school is Betty. Expensive. Okay, now I heard a rumor, okay, this wasn’t from TMZ. This is from from TMX, okay, it was for me, okay, and it’s TMI, but I know it your boss in college liked you so much that she paid for your tuition. So you would stay at that job. Is that true?
Delyanne 08:37
So she helped me pay for community college, right? So I was at community college before I went to, like, a four year college, and so I was ready to give in my notice and be like, I can’t stay here and go to school at the same time. And so she’s like, if I helped you pay for some of it, will you stay working full time? And I said, Yes. And so I would work full time and go to school at night and on the weekends. And what was the job? I was an assistant. I was like a secretary to her.
X Mayo 09:05
Okay, baby, you made an Excel sheet like she’s never seen, honey. I don’t know what you did with that Google Doc. I don’t know what sauce you put on that email. You. You must have composed the subject line like never before.
Delyanne 09:17
Honestly, it was her. It was she was difficult person to work with. Literally, she would have a new assistant every three to six months.
X Mayo 09:22
Ah, so she knew, Delyanne got the sauce. She know how to deal with my crazy ass. So she said, Whatever she deliang, you could have been like, I need you to pay for my wedding dress. She’ll be like, got it.
Delyanne 09:33
Well, and when I try to quit again four years later, to go to law school, she offered me $50,000 to stay, which was the most amount of money I had ever even heard in my life.
X Mayo 09:42
That mean you a cold piece. I mean, I’m a spiky nothing. That mean, Delyanne, you are great at what you do.making
Delyanne 09:48
I was $28,000 a year. I was like, broke bro, you know. And I tell this story a lot in my some of my classes. And I said, I turned to her, she had four children who have all gone to school, and I said, What would you tell your kids to do? Yeah, would you tell them to take that deal? And at that moment, the conversation was shut down, and we stopped talking about it, because I’m like, I’m going to law school. I’m not saying.
X Mayo 10:09
No, that’s right now daily, that that, what is that, that you have? What is that thing that you can turn away? $50,000 that’s five figures, I know as somebody like you like I come from, you know, lower to poor class, like my mom. I never really knew that we didn’t have it. My mom figured it out, you know, working class woman. But it was definitely check to check, right? It was definitely multiple side hustles my mother had to have. So what was that thing that you had, that you knew that she was, like, 50,000 No, I’ma put that down. I’m going to school. What was that?
Delyanne 10:42
I just knew that if I stayed, I was going to be stuck there. And I had enough confidence in myself, because I knew, you know, how much I had invested into myself, into my education, I knew how far I could take it, if I just, I just needed, like, a foot in the door. And I’m like, once I got accepted into law school, that was it for me. I’m like, This is my future, and I’m not gambling with that to, like, stay here and let this person, like, just, you know, suck me dry, of all of my youth, all of my motivation, and I’m like, you can’t, you can’t pass on this. And so I had enough confidence in myself to say no, thank you, because I saw something bigger and brighter in my future. And I’m and I so glad I saw that.
X Mayo 11:19
And you would have had them go to handcuffs if you worked for that lady. Because it would have been like, every year, it just just the comedian me wanted you to just stay. And every year she like, Okay, well, I give you 60,000 now I give you 70. Get out. But it’s like, no, you you have that. There is no ceiling for Deli in Absolutely not. And I love that.
Delyanne 11:40
And also, like, it was a little bit of a slap in the face, because I’m like, wow, if you wow, if you can just shell out all this kind of money at once. Like, why have you been paying me so little the last four years?
X Mayo 11:48
Now, there it is. I didn’t even catch that, absolutely. Dely, oh yeah, no, you and she, she knew how smart you were, so she knew that she was taking a gamble as well. But she was like, fuck it. I’m gonna try, because can’t nobody work with my crazy ass. Absolutely, so what did you used to think was the best ways to build wealth compared to what you know now?
Delyanne 12:05
Well, back then, I thought it was like saving, right? So you save your money, you put it in your savings account, and you just hoard as much as you can, and you cut expenses. And you like, you know, you just budget to death, and you cut expenses everywhere you can, and and then you buy a house, because that’s the way you build wealth. In America, you buy a home. And so every which way I turned, I was living in New York City at the time. Everybody knows. You know that real estate market has been challenging forever, even before the pandemic. Everywhere I turned, I was getting blocked, black block block, like, people just outbidding me, people coming in with all cash offers. And I just kept getting more and more frustrated. I’m like, I don’t understand I did every understand. I did everything that I was supposed to do, put myself through school, did everything right. I’m making like, six figures. Like, why can’t I do this thing that is supposed to, you know, advance me? And that’s when I finally discovered, like, investing and financial independence and this whole other avenue separate from home ownership that finally, you know, placed me in the path that I am today. But had I not, like stumbled into, into that information, I would still be pursuing that path. And who knows where I certainly wouldn’t be living in Portugal, retired, like three years away from retirement. If I kept on that path, I know that for a fact, I would still be at my job as a lawyer, miserable and probably with a mortgage that I could barely afford.
13:32
Okay, so Delyanne, now you started on something that I really want to talk about, because you mentioned the F and the i financial independence, right? And the R and the E is retire early. So that is deliance, well known acronym, fire, financial independence, retire early. Okay, I want to get into that because I’m trying to be like you. All I want to do is be pull aside, and my only nine to five is drinking Virgin Pina Coladas, amen. So what is financial independence versus financial dependence.
Delyanne 16:19
Right, well, first of all, I didn’t come up with that. Obviously, fire has been around for forever, um, that, you know.
X Mayo 16:24
Oh, I only heard it from you, yeah.
Delyanne 16:26
Oh, well, I’m honored that.
X Mayo 16:28
I’ve never heard it so, so, just so, you know, listeners, that was not fake news. That’s all I knew was Deling in so, to me, okay, you, took it and you ran with it. You are the author and the finisher of fire to me.
Delyanne 16:41
Thank you. That’s the whole point is for me to, like, spread the gospel of fire so that people become aware of it. And I, you know, I never claimed to be the one that invented it, but I did tweak it a little bit. Now I call it financial independence. Relax early, because I feel like retirement has a negative connotation of like, you know, at an old folks home and your life is over and you have nothing to contribute, and you’re sitting on a beach and you’re bored.
X Mayo 17:04
Yeah you can only eat apple sauce and tomato soup, yeah.
Delyanne 17:08
Exactly, so I’m like, that is not at all what it is. It’s about relaxing early meaning, like you can take your foot off the pedal if you want to work less, if you want to change careers, if you don’t want to work at all, if you want to try starting a business, whatever it is, it’s giving you, like that space to figure it out, and you can’t do that without money, you know. So financial independence is about the you know, the strict definition is about letting your money, your investments, cover your costs, right? So it’s you’re no longer dependent on an outside source, meaning, like an employer, I don’t need a paycheck to pay my bills. I don’t need my business to generate money in order to pay my bills. Because all the money that I have invested into the stock market, it is generating enough money and income and interest and dividends that it covers my expenses for the rest of my life. So once you hit that point, you’re financially independent.
X Mayo 18:02
Wow, I need to second.
Delyanne 18:06
That’s exactly how I felt when I discovered it. Because I’m like, What do you mean? I had no idea. All I had known up to that point was like, that 401, K that you get your job. That’s it absolutely and you can’t touch that till you’re like, 60, right? So I’m like, that’s all I knew. I didn’t even know there was any accounts outside of that. I didn’t know what an IRA was. I didn’t know what a brokerage account was. This idea of retiring early was such a foreign concept to me, but once I it clicked and the formula clicked in my head, it was guns blazing all the way.
X Mayo 18:36
Yeah, and I think that brings me to the next part of the conversation I want to get into of this term I heard, called passive investing. And I would love to know what is exactly, does it mean, and how can it help people retire early?
Delyanne 18:50
Yeah, and that’s like, one of those, like buzz words, right, that we see on the internet. And everybody loves to say passive income. This passive income that. And, you know, I, and I, you know, this is what I teach about, and this is my business, but I really, you know, truly believe that investing is the only form of true passive income that exists, because you really don’t have to do anything other than put your money into an account, whereas everything else, right? If you’re going to do real estate, if you’re going to run a business, you there’s work that needs to be done. Everything has work. I don’t care if it’s drop, shipping, whatever it is, it needs work. So investing, you literally put the money in the account, you leave it alone, and you can let it do what it needs to do. And the big part of that is that you’re not trading individual stocks, because there’s a difference between day trading, which aka gambling, in my opinion, and then there’s investing, okay, right? Yeah, because day trading is like buying and selling stocks, right? It’s predicting what stocks are going to do.
X Mayo 19:44
I don’t have any of that. That’s Wolf of Wall Street. That’s Jordan Belford. That was exactly yes.
Delyanne 19:51
I don’t do anything. I don’t pick like Apple or Microsoft. You know what I do? I buy all of it. I buy the entire stock market. I buy all in fact, I own every. Stock in the entire globe, because I own international index funds, which are giant baskets of stocks with, like, 1000s and 1000s of company in it. And so I own everything. I own the winners and the losers. So what does that mean? At the end of the day, what am I getting? I’m getting the average of the winners and the losers. So nothing is going to like, you know, bring me down to zero, because I’m also getting the average of all the winners that are in there. So I own a little bit of everything.
X Mayo 20:27
Okay, Delyanne, you know, that sounds crazy to me, right? As someone who doesn’t know anything about stocks, so she you said, I own all the stocks. I own everything. I said, Okay. Delegate, okay, get big. I’m trying to get like you. Okay, so, Delia, what does that mean? How do you do that? How do you do you just go on a website and you see every stock, and you say, go Add to Cart, click.
Delyanne 20:46
Right, and so it’s literally one fund that you can buy that’s called total stock market index fund. There you’re gonna have 3000 stocks, every single stock that is listed on the stock exchange, and you’re gonna boom, automatically own everything already in that one fund, and that’s it, easy peasy. You just own everything that’s listed on the stock market. And you don’t have to stock pick, you don’t have to decide when to sell. You don’t have to decide when to buy. You can literally set like an auto transfer from your checking account to your investment account, and you just keep buying. And I tell people, Don’t time the market. You don’t know when it’s going to be up and down. Doesn’t matter, because you’re going to get the average, remember, you’re going to get some days when the markets really high, you’re going to pay a little bit more, and then you’re going to buy when the markets low, and you’re going to get a deal. It’s going to be like, 10% off, 20% off. I tell people, don’t panic. When the markets down, that’s a sale, like, go buy more, if anything. And so you’re going to get the average. And the average over time is about 10% a year over, you know, on average. So some years it’s going to be way more than that. Like this year we’re up 24% amazing. But next year we might be down 15% so that’s why I tell people think about the stock market 10% like a GPA in college. It’s your GPA over time. It’s not every single year you’re going to get 10% guaranteed, so you have to be a long term investor, okay?
X Mayo 22:03
Delyanne so now we’re at a new segment here on the dough called stock market for dummies. Because I am like, Wait, how do I do this? What the fuck should I do? Okay, so, Delyanne, so literally, I know this sounds like, so, like redundant, but I’m very ignorant. Do you go to, like, stockmarket.com, like, where do you go to buy all the funds?
Delyanne 22:22
You go to any kind of brokerage, like Vanguard, fidelity, e trade, you know, no affiliation with any of these companies. I’m just throwing out big brokerage names. I suggest using one of those. They’re called discount brokerages. Instead of going to like, your bank. A lot of people will be like, Oh, I’m investing through whatever bank insert here. Don’t do that, because they’re going to charge you a lot of fees, right? That’s what banks do. So go to these discount brokerages, and you can buy these. You literally, yeah, you create an account. Takes 15 minutes. You say, hey, I want to open a Roth IRA, which is a retirement account. You can open a Roth IRA, can open a brokerage account. You can do that like today, and then you just literally connect your bank account to it, fill in all your information, and then it’s gonna ask you, what do you want to buy? And there’s gonna be a buy button, and you’re gonna type in the little stock market code for whatever it is that you’re buying total stock market index fund. And that’s it. You start buying. It’s that easy. And you could start with $1.
X Mayo 23:17
Okay, I was that’s my next thing. How much money should we be investing? So I can just literally buy every stock for $1?
Delyanne 23:26
Literally, but obviously you’re gonna own, like, point, oh, one of each share, right? So, okay, nobody’s gonna become a millionaire off of investing $1 but right? It just, I’d say that to show people the barrier of entry is way, way, way lower than, like, owning a home right where you need, like, 20% down. So the barrier of entry is very, very low. There’s no minimum to open the accounts. There’s no minimum that you need to keep in there. It’s also very the fees are, like, very low, like, we’re talking about, like, two, $3 a year, you know, if you invest $10,000 let’s say very low. And so this is the way to invest for 99% of people out there. If you’re not Warren Buffett, you have no business investing any other way.
X Mayo 24:09
Oh my god. Okay, Delyanne, I think you just cracked the code for so many listeners, and for me, if nothing else, oh my god. Okay, so, so let’s just think of a scenario, right? Because I really want to help everybody. Now I’m ready to go on E tray. I’m ready to get off this podcast and go on fidelity right now and do everything you said, because I want to sit there like delta and be like, No, I own the whole stock market. I own it all. It’s mine. But okay, so, so there may be somebody listening, right? And they’re like, oh, I don’t have the money to invest right now. Like, I’m scraping by on, you know, Walmart body wash. And, you know, the B is lowercase. It’s not even a capital B. And then, and, you know, and Taco Bell chalupas. So what would you say to them?
Delyanne 24:49
So one thing I always make sure to tell people, investing is not going to solve your income problem, right? So people will come to me be like, I have credit, okay, I can’t pay my bills. Is investing gonna help with that? And I absolutely not, right? This is not what that is. This is the next level of your financial journey. The first level of your journey is going to be getting the job that pays you a living wage. Like, we need to fight for that. Like that is the first thing I always tell people, income is the most important thing. So I know people don’t like to hear that, but it’s like, that is, I’m at the next stage, right? Once you have the income set up, people will come to me and be like, Hey, I’m finally earning a little extra money. Where I can save some I have a little extra What should I do with it? That’s where I come in. There’s lots of money coaches out there that will help you with the income part, that will help you with budgeting, that career coaches, they are amazing at those things, right? So I’m at the next level, but the first level you need to conquer is that income piece. Because, okay, good. Doesn’t solve that, right?
X Mayo 25:44
Right, yeah, because I don’t want nobody sitting here and they work at Target and they’re like, I went and bought everything. I listened to Delian and X Maya on the dough, and now I ain’t got no money coming in. Just so y’all know, I hope, I hope, hope you got to this part of the podcast, okay. I hope you didn’t listen to our little stock market for Dummies, uh, impromptu segment, and then skipped over this, because Delian just said, okay, so don’t, don’t be coming in her DMs, or mine or liminatus. You have to have income, a livable income, Delian said, then once you get to the next phase, because Delian said, I’m 2.0 coaching. Okay, get on my level. I’m next level. Once you up there, then you holler at delegate, okay, good, we got that. I’m so happy that you broke that down. And that was so helpful, Delia, because I am most people. I’m like, I’m scared. I’m strangling my money. I don’t come from money. What you mean? Give my money to some stock market. I like Whole Foods Market. I see an apple. I bought it. It’s in my cart. All this mystical, twistical, you know, all of these, you know, all these different AI, and all this stuff like that. I said, no, I don’t, I don’t know who has my money, right?
Delyanne 26:54
Well, there you go. I mean, you know, Whole Foods is a successful business. Wouldn’t it be nice to own a piece of it? Because that’s what you’re gonna be owning once you open.
X Mayo 27:01
So you know what Delyanne you better push these stocks. She pushing. She pushing s, you know, gunna pushing P, Delyanne, pushing she pushing the stock market. I know that’s right.
X Mayo 28:09
Okay, so I want to go into the opposite direction. I want to talk about adult lifestyle creep, which is a new term for me, and that’s when you make more money because of like a bonus or like a promotion, and you end up spending more. So how can someone prevent lifestyle creep as they are making more money to invest.
Delyanne 29:41
First of all, I want to say that not all lifestyle creep is bad. Like, I think you know you deserve, yeah, like, you deserve to spend more as you progress in your career, as you start to earn more, especially if you you’re coming from like, you know, the struggle life like I used to live, you know, in danke apartments with like, the cockroaches. You know. We were, like, battling it out. So I know what it’s like to hike. I need some lifestyle creep in my life, so I understand that. Um, but we all know when we’re, like, going a little, you know, over the edge. So what I tell people the biggest life hack is, once you do, you know, if you do land a great job where you’re like, oh my god, I’m getting such a huge bump in my pay, or you have a big bonus coming, try to maintain your lifestyle the same for at least one to two years, which is really hard. But if you can do that, you’re going to be so ahead of the curve. Because, like, that money, you’re not going to be used to it. So you’re like, What do I do with this money? You’re either going to be saving it, sending it to debt, or you’re going to be investing it. And then you start increasing your lifestyle little by little. But the goal is, the thing is, the most important thing is you need to have a vision before the money arrives. Because I tell people, the money will arrive, the money will arrive, but if you don’t have a clear vision, the money is going to just run through your fingers, right? You’re going to find ways to spend it. Because who doesn’t find ways to spend money? But if you have a clear vision to what you want out of your life, your that money is already going to be spoken for before it even reaches your bank account. And that’s what it happened to me with this whole financial independence thing. I made the vision. I made the literally a vision board, the plan before I started making a million plus a year on my business, like the when I’ve made my first million, I had already had the vision based on the salary that I was making on my full time job. But because I was ready for the money, the money knew exactly where to go in that moment. It had a plan already. It was already spoken for. So that’s the thing about lifestyle creep. It’s like you need to have the vision, even if you don’t have the money right now, make the plan, because when the money arrives, arrives. Now, if it arrives, when the money arrives, you’re going to be ready for it.
X Mayo 31:44
And now I want to get into where I’m going to be moving to, and living with Delian, which is Portugal, because the girl got a three bedroom house, if you didn’t hear us at the top of the show. So and Portugal is knowing for have a low cost of living. I have seen so many black women, Latinas, friends go over there, and they are having the time of their life, the food. Because, you know, Delian, you know we don’t play about our food, please. No, don’t do that. It’s so good. So what advice do you have for people who want to live abroad?
Delyanne 32:10
So my advice is definitely go visit as often as possible, and try to do things that are like, not just to receive sightseeing, things you need to kind of immerse yourself a little bit in the community, interact with as many locals as possible, and really be honest with yourself, especially if you’re moving somewhere where you don’t speak the language, if you’re really going to commit to learning the language, because even though there may be, you know, people who speak English, or there may be an expat community like it, is going to make a such a massive difference In your experience if you speak the language, it’s also just respectful, you know, if you’re living in a country, hello, yeah. As an immigrant who moved to America and had to learn English, you know, and thankfully, you know, I’m Brazilian, I speak Portuguese, but it’s like it still takes time to acclimate and everything. So visit, talk to locals, understand that you’re not gonna move somewhere and try to replicate your life that you had in America.
X Mayo 33:06
Oh, my God. Say it again. The amount of people that like, oh, I moved from New York to LA. LA is so not New York. I moved to Chicago from Miami. Chicago’s so not Miami. Okay, let’s crack the case. Chicago’s not Miami. La is not New York. New York is not Seattle. Houston is not New Orleans. Do y’all know that I had to deli and I had to do that when I first moved to New York, I was like, these fucking trains, these people are, mean, it’s cold. And then I said, X, you decided to live here. This is your decision. These are, this is the culture of this goddamn city. Now you either are going to acclimate or you can leave. You cannot do that exactly. Okay, so what are you gonna do? No, I feel you Delyanne, and I think what are your non negotiables before you live abroad? Because for me, if the food ain’t lit, I’m not going I cannot do that.
Delyanne 33:55
Same, it’s food. It’s culture. I need culture. I need live music. I need activities. You know, I need proximity to an airport. I don’t want to live two, three hours from an airport. And I need a weather because I was like, I’m not moving anywhere where I’m going to be freezing. I lived in New York 15 years. I did my time.
X Mayo 34:14
Oh, I did eight years. I did eight years. We did our bid. We was in jail. We did our bid. She did a 15 year bid. I did an eight year bid. We paid our debt to society. No, we’re done here.
Delyanne 34:25
Winter, I’m wearing a like, what you’re wearing, like, I can wear a hoodie and go outside all winter long, and I’m over.
X Mayo 34:30
I’m in LA, this is, this is fall. This is it. I have the windows open. It’s the crisp air coming in. Oh, it’s beautiful, Delyanne.
Delyanne 34:38
People were like, on the beach today. It was a beach day here, so I needed to be somewhere where the weather is fabulous, and Portugal gets 300 days of sunshine. So I am all about that.
X Mayo 34:49
Delyanne, I cannot wait. I want you to scooch on over so I can get into that bedroom. I would love to do that. We can we can talk stocks. We can talk. Food, I know, truly, I want to thank you so much, because I feel like I hear so much about stocks. I know my business manager, we have a plan to do that. It’s just been, you know, it’s just, we’ve just been hit with tragedy after tragedy because it was COVID, so we had to survive that. Then it was the strike, Double Strike, so we had to survive that. So it’s been, like, all of our savings that we’ve had, we’ve had to use, right? And I, you know, help my family. I have a little brother that I’m responsible for, you know. So it’s just been a journey to get back to where we started and rebuild, which I know we will. But Delia, it was truly an honor. I had such a good time talking with you. I know that I could travel the world with you. I know you truly would be the best girl, best ride or die. And before that happens and we become besties, I do want you to let the people know, where can we find you? Where can we find more of you? I know that you have your online course. Give us all the tea.
Delyanne 35:54
Yeah, I mean, you can find me on Instagram. That’s where I am most of the time. So @delyannethemoneycoach on Tiktok, on Threads, and then my website, Delyannethemoneycoach.com.
X Mayo 36:05
Yes, and we do want to let you know Delyanne is not a scam. Okay? We hear all this money coach, right? We hear all these things Delyanne these people. This girl is certified. She didn’t went to law school. She worked for that crazy ass lady that was like, Okay, give me my Starbucks immediately. At 3am Delian had to figure out how to get a helicopter and charter it from Grenada to come down to Minnesota to pick this lady up. She has paid her due so she knows what she’s doing. She knows what she’s talking about. I just have to say that, right? Because some people, these money coaches, I think a lot of us are vulnerable. There’s so many scams that are coming up and stuff. So I just want to make sure when you catch your on your street deli and is certified. Okay, certified, you have been amazing and wonderful. I am going to stalk your Insta. I do want to come visit Portugal. I do have to come see you, and I think you are wonderful, amazing. Thank you so much for coming on this podcast and sharing all of your insight today.
Delyanne 37:03
Thank you, and I can’t wait to host you here.
X Mayo 37:05
Yeah. Okay, Delyanne, bye, I’m on my flight. Bye. I’m going, I’m going bye.
X Mayo 37:10
Honey. I feel like I just went back to school and got a degree from Professor Delyanne […] Wall Street listen, you better watch out, Jordan Belford, please move over. Actually it scoot over and sit in her class, because Professor Delyanne said Investing is for everyone. So let’s review our notes. Home ownership and buying real estate isn’t the only way to get wealthy in this country, despite what we’ve all been told. And start putting aside money for investing. It doesn’t have to be a lot. Don’t gamble your money on the stock market, but put it into index funds through a brokerage like Vanguard fidelity or E trade. Finally, have a clear vision for how you’re spending your money. Figure out what is important to you in life, and focus your money on that so you know exactly where your money is going and why. I’ll end on my fav, Delyanne quote, If you strangle your money, it doesn’t grow. She preaching better than y’all caucus, okay, I love y’all okay, bye.
CREDITS 38:14
The Dough is a Lemonada original. I’m your host X Mayo. This series was created in partnership with Flourish Ventures. This series is presented by the Margaret Casey Foundation. Our producers are Tiffany Bui, and Dani Matias. Kristen Lepore is our senior producer. Mix and Sound Design by Bobby Woody. Original Music by Pat Mesiti Miller. Jackie Danziger is our Vice President of narrative content. Executive Producers include me X Mayo, Stephanie Wittels Wachs and Jessica Cordova Kramer. Help others find our show by leaving us a rating and writing a review. You can follow me on IG @80dollarsandasuitcase and Lemonada @lemonadamedia across all social platforms, follow The Dough wherever you get your podcast or listen ad free on Amazon music with your Prime membership, thanks so much for listening. See you next week, bye.
