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New Immigrant's Financial Roadmap
1. The US Financial System Overview/Essential Document Storage
1. The US Financial System Overview Illustration
Syllabus Slides

Essential Document Storage

01.The Financial Folder

Create a secure, physical and digital folder containing your passport, visa papers, I-94 arrival record, SSN/ITIN letter, lease agreements, foreign bank statements, and employment contracts. Having these organized will save you hours during bank meetings and tax filings.

02.Translating Credentials

If you have professional degrees, credit reports, or tax records from your home country, obtain certified English translations. Some US banks and academic institutions accept foreign credentials to qualify you for specialized loans or job roles.

03.Digital Backups

Upload encrypted copies of your documents to secure cloud storage. Enable two-factor authentication (MFA) on your cloud account to ensure that even if you lose your phone or laptop, your vital identity files remain accessible and safe.

Chapter check

Q1.Up to how much is a deposit at an FDIC-insured bank guaranteed if the bank fails?

Q2.If you are not yet eligible for a Social Security Number, which number lets you file taxes and open interest-bearing accounts?

Q3.What does the course say to do with your physical Social Security card?