Wall Street Secrets, with Your Rich BFF Vivian Tu

Afford Anything

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Business, Investing

4.6 • 3.4K Ratings

🗓️ 13 March 2024

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

#493: Do you ever wonder what happens behind closed doors on Wall Street? Vivian Tu, also known as Your Rich BFF, is here to spill the tea. Vivian grew up in a modest immigrant family. After college, she found herself working insane hours on Wall Street after college. While working on Wall Street, Vivian saw some weird things. Once, a coworker stumbled hungover into the office after a trip to Atlantic City, carrying a duffel bag with thousands of dollars in cash inside. Vivian realized that there's a group of high-income and high-net-worth people who handle money in drastically different ways than she learned in her frugal upbringing. She learned about investing, taxes, legal loopholes. She discovered new ways of thinking about money. She shares these insights -- gleaned from her Wall Street days -- in today's podcast episode. Resources mentioned: Book: Rich AF: The Winning Money Mindset That Will Change Your Life Attend the LIVE Recording of Afford Anything's 500th Episode! https://affordanything.com/live500 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey, are you in the New York area or do you know someone who is? We are celebrating episode 500 with a live taping featuring special guest Brad Barrett, the host of the Choose F I podcast. Brad Barrett from Choose
0:13.4	F I and I are both going to be at the Flop House Comedy Club in Brooklyn
0:18.3	on Tuesday, March 26. We are going to be doing two taping that night. So the first taping, doors open at
0:25.8	at 530, the taping starts at 6. And then the second taping, the doors open at 830 and the
0:31.2	taping starts at 9.
0:32.7	So you can come to one, you can come to both,
0:35.3	whichever you prefer, whether you're an early bird
0:37.8	or a night owl, we've got taping for you both.
0:39.8	So that's Tuesday, March 26.
0:41.8	You can get tickets at Afford Anything.com.
0:45.0	Live 500. That's Afford Anything.com slash Live L-I-V-E-500.
0:51.6	Join me and Brad Barrett from Shuse-F-I, Tuesday March 26 in Brooklyn. Afford Anything. Live 500.
1:02.3	Most of us don't learn about personal finance in school. We learn the Pythagorean
1:06.1	theorem and we learn how to play Dodgeball, but we don't learn what an APR is. We don't
1:11.6	learn index funds or ETS or IRAs or WTFs. And so it's helpful to have a rich
1:21.0	BFFs, someone who was a millionaire by the age of 27, despite the fact that
1:26.7	she was not born wealthy, who is there to help guide us along the way.
1:31.2	So welcome to the Afford Anything Podcast, the show that understands you can afford anything, but not everything. Every choice that you make is a trade-off against something else. And that applies not just to your money, but to your time, your focus, your energy,
1:43.8	your attention to any limited resource
1:45.4	that you need to manage.
1:46.8	And that opens up two questions.
1:48.4	What matters most and how do you make decisions accordingly? Answering these two questions is what this podcast is here to do.
	...

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