Show Notes
In this engaging episode, I sit down with financial guru and content creator Vivian Tu, known as "Your Rich BFF," to explore her inspiring journey from a hardworking immigrant family to Wall Street and ultimately to her role as a financial influencer. Vivian shares pivotal moments, such as leaving her high-paying job at JP Morgan to pursue content creation, and discusses the profound impact of her mentor on her financial habits and career trajectory. She offers insights into why financial literacy is often neglected, especially among women, and provides strategies to bridge this gap.
Vivian delves into common financial mistakes, how the pandemic reshaped her views on financial security and practical tips for maximizing earnings and overcoming the fear of investing. She also explains her belief in equity rather than equality in relationships, offering advice on how couples can strive for equity to ensure a healthy partnership.
Tune in to gain valuable financial wisdom and be inspired by Vivian's journey and insights. Whether you're starting your financial journey or looking to deepen your knowledge, this episode offers practical advice and thought-provoking discussions that will resonate with and inspire everyone.
00:00 Introduction
00:16 Get to Know Vivian Tu
01:01 Vivian Tu’s Upbringing
03:18 The Start of Vivian Tu’s Journey
08:08 3 Important Financial Lessons
11:36 Breaking Gender Stereotypes in Financial Literacy
13:12 The Most Common Financial Mistake
14:25 How To Start Investing
17:43 Overcome Your Fear of Investing
19:18 Budgeting for Investing
21:23 The Brag Book
23:05 How To Ask for a Raise
25:50 Mindset Shift for Women
27:59 Equity vs Equality in Relationships
31:06 Financial Tips for a Healthy Relationship
34:21 Vivian Tu’s Perception of True Richness
37:13 The ‘STRIP’ Method
39:21 RICH AF: Vivian Tu’s NYT Best Seller Book
41:56 Vivian Tu’s Purpose as Your Rich BFF
42:54 Talk to Your Friends About Money
45:17 Final Thoughts
Follow Rachel here: https://www.instagram.com/ms_rach/
Follow Vivian Tu here: https://www.instagram.com/your.richbff/
Purchase ‘Rich AF: The Money Mindset That Will Change Your Life’ here: https://singapore.kinokuniya.com/bw/9780241644966
More from CLOSER with Rachel Lim
Chloe Tong opens up about the life behind the roles she is most known for: daughter, wife, mother of five, partner to Grab co-founder and CEO Anthony Tan, and now the work she is building through ACE Team Foundation.
When do children stop trusting themselves?
The word narcissist gets thrown around a lot. But what does narcissism actually look like in a relationship, and what happens to us when we spend too long trying to manage someone else? In this episode of CLOSER, I sit down with clinical psychologist and bestselling author Dr. Ramani Durvasula to unpack narcissism beyond the label: the subtle signs we often miss, why narcissistic people can be so charming to the outside world, and why the people closest to them can have a completely different experience.
Hwee Keng said: “There is a personality in that small human being... you don’t know the settings. First, I think you need to find out the settings.” As parents, we spend so much energy shaping who we hope our children will become, and perhaps not enough time discovering who they already are. What struck me about Hwee Keng is how much of her parenting has been about unlearning her own expectations. She even caught herself once after feeling disappointed that Max didn’t win a competition, and realised some of that disappointment was about her own ego. That hit me. Because maybe the work is not raising the child we imagined, but learning to really see the child in front of us. In this episode, we talk about curiosity over performance, giving children real agency, the difference between “you’ve got this” and “we’ve got you,” responsibility, consequences, and what it means to raise children who are truly fit for life.
Before Shanti Pereira became Singapore's fastest woman, before she made history on some of the world's biggest stages, she was a ten-year-old girl who lost a few races in primary school and wanted to quit.