Navigating Personal Finance: From Materialism to Mentorship

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The chapter follows the speaker's evolution in personal finance, starting with shallow interest driven by materialistic desires and transitioning to a focus on investing and financial responsibility under the guidance of a mentor. It explores the impact of cultural backgrounds on money management, shares anecdotes from Wall Street, and challenges societal norms around discussing money. The narrative emphasizes the importance of negotiation, an abundance mindset, and building a solid financial foundation for career growth and embracing opportunities.

#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

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https://affordanything.com/live500

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