Episode 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. Discussion Timing as of March 2024: 01:10: Introduction to Your Rich BFF 08:38: The power of mentorship 11:16: Moving away from scrimping and savings 15:03: When it’s ok to break the rules 16:03: When it’s ok to NOT do as your told – and what to do instead 17:10: Habits that we can learn from the rich 22:30: Money and the abundance mindset 25:32: The best skills to have in the workplace 32:02: Rules around sides hustles 40:00: Debt is not a four letter word’ 51:37: How to calculate the value of a purchase Resources mentioned: Rich AF: The Winning Money Mindset The Will Change Your Life | Book Thanks to our sponsors! Indeed If you’re looking for amazing talent to bolster your team, you need Indeed. Go to indeed.com/paula for a $75 job credit to upgrade your listing and start hiring today. Constant Contact Constant Contact makes it easy to promote your business with powerful tools like email and SMS marketing, social media posting, and even event management. Tackle any challenge with Constant Contact’s free trial. Plus, everything’s backed by their 30-day Money-Back Guarantee. Monarch Money Monarch is the top-rated, all-in-one personal finance app. It gives you a comprehensive view of all your accounts, investments, transactions, cash flow, net worth, and more. Go to monarchmoney.com/paula for an extended 30 day free trial. Shopify Diversify your business by selling physical and digital products through Shopify’s all-in-one platform. Go to 
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