Your Rich BFF, Vivian Tu: Wall Street's Dirty Little Secrets [GREATEST HITS WEEK]

Afford Anything

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Business, Investing

4.6 • 3.4K Ratings

🗓️ 26 December 2024

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

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. We're sharing this as part of GREATEST HITS WEEK, a 5-day series in which we're sharing 5 episodes, across 5 days, that originally aired at the start of 2024 (January through March). You may have missed it then; enjoy it now. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Happy Boxing Day.
0:03.0	To my friends from Canada and the UK, I have to admit, I still have no idea what Boxing Day is.
0:09.5	Guy Fox Day I got, but Boxing Day, that one is still a little over my head.
0:14.8	But happy Boxing Day to those of you who celebrate, and to all of us, let's learn about the inside scoop on Wall Street.
0:23.2	Today, we're sharing an interview with Your Rich BFF, you might have found her on Instagram
0:28.0	or TikTok, your rich BFF, Vivian 2. She refers to herself as your favorite Wall Street
0:34.3	girly, and she's here to spill the tea. Now we are sharing this
0:39.2	episode today as episode four out of five in Greatest Hits Week, a five day series in which
0:46.1	we're sharing five episodes across five days that originally aired at the start of this year.
0:52.5	Today's episode originally aired March 13, 2024. You might
0:57.9	have missed it then. Don't miss it again. And if you caught it the first time, remind yourself
1:03.0	of some of the key wisdom that came out of this. It's an amazing interview. I hope you
1:08.9	enjoy it as much as I do.
1:11.4	Here is Vivian 2.
1:16.9	Most of us don't learn about personal finance in school.
1:19.5	We learn the Pythagorean theorem and we learn how to play dodgeball.
1:24.0	But we don't learn what an APR is.
1:26.5	We don't learn index funds or ETFs or IRAs or WTFs. And so,
1:33.8	it's helpful to have a rich BFF, someone who was a millionaire by the age of 27, despite the fact
1:41.0	that she was not born wealthy, who is there to help guide us along the way.
1:45.8	So welcome to the Afford Anything podcast, the show that understands you can afford anything,
1:49.5	but not everything.
	...

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