Love & other assets Money, power & communication in relationships featuring Adam Nash
Welcome to the first episode of "Love & other assets," the podcast for where love and money meet. Hosted by Emily Luk, CPA, CFA, and co-founder of Plenty (withplenty.com), we demystify the financial decisions and relationship convos that today’s couples face. In this episode, Emily sits down with Adam Nash, CEO and co-founder of Daffy.org, and delves into their experiences in Silicon Valley, building successful startups, and navigating the complexities of relationships in the modern age.
Emily and Adam explore the importance of navigating financial decisions within partnerships. They emphasize the significance of building a life together and viewing finances as a shared endeavor rather than individual interests. Adam highlights the need to recognize and respect each partner's fears, interests, and skill sets, advocating for a balanced approach that suits the couple's dynamics.
Emily underscores the value of providing visibility and education within financial tools to ensure both partners can actively participate in decision-making. They discuss how Plenty's product is designed to accommodate different levels of involvement while encouraging shared understanding and involvement in financial matters.
The conversation leaves listeners with a reminder to approach financial decisions within partnerships with understanding, communication, and a shared sense of purpose.
What We discussed:
The Fintech Evolution: Adam Nash reflects on his extensive career in Silicon Valley and the evolution of Fintech, emphasizing technology's role in solving valuable financial problems for individuals, highlighting the importance of trust and accessibility in financial services.
Building Daffy: Empowering Generosity: Adam Nash shares the founding story of Daffy.org and his vision to leverage technology to foster a culture of generosity and make charitable giving accessible to all. The concept of donor-advised funds and their potential to amplify individuals' charitable impact.
Investing in Innovation: Adam Nash reflects on his experience as an angel investor in numerous startups, sharing insights into the startup ecosystem and the importance of supporting early-stage entrepreneurs. The significance of angel investors in driving innovation and entrepreneurship, shaping the future of technology.
Navigating Finances as a Couple: Adam Nash shares insights from teaching personal finance at Stanford University, emphasizing the importance of communication and trust in managing finances as a couple. The strategies for couples to effectively navigate financial conversations, align their goals, and build a secure financial future together.
Adam is offering Love & other assets listeners an extra $25 for charity when they sign-up for Daffy with his invite link: https://www.daffy.org/adamnash/invite
Brought to you by Plenty. Plenty is a financial platform where modern couples invest and plan for their future together.
SELECTED LINKS FROM THE EPISODE
Connect with Adam Nash: Website |LinkedIn | X/Twitter
Connect with Emily Luke: Website | LinkedIn | Twitter
Plenty: Website | Instagram | Facebook | YouTube | Twitter
PEOPLE & RESOURCES MENTIONED
IRA (Individual Retirement Account)
401k (Retirement savings plan)