Show Notes
Check out and download Vivian's new app, Ask Dolly!
Vivian gets candid about what the Federal Reserve, aka the Fed, actually is and how it affects you! In this episode, she breaks down everything you need to know about the Federal Reserve to make wise and informed decisions with your money.
In this episode, you'll learn:
1. What the Federal Reserve actually is, why it was created, and how this one institution quietly controls the interest rates on your mortgage, credit cards, student loans, and retirement savings.
2. What it actually means when the Fed raises or cuts rates: who wins, who loses, and why their decisions almost never make everyone happy at the same time.
3. Why Trump's push to fire Fed Chair Jerome Powell and board member Lisa Cook is such a big deal, what it would mean for your wallet if he succeeds, and why both Republicans and Democrats are drawing the line here.
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More from Networth and Chill with Your Rich BFF
Download Vivian’s financial companion app Ask Dolly HERE!
Download Vivian’s financial companion app Ask Dolly HERE !
Our president launched a memecoin, Congressional representatives pulled in over $635 million in stock gains last year, and political candidates are placing bets on their own races. In this episode, Vivian breaks down the not-so-secret ways public officials are cashing in on their positions, why it's a problem on both sides of the aisle, and what you can actually do about it.
Why does an $8 latte suddenly come with a 20% tip prompt? In this episode, Vivian dives into how tipping in America got so out of hand, who you absolutely have to tip, and when it's totally okay to skip the tip when the iPad swings your way. Plus, what the new "no tax on tips" policy really means for service industry workers.
IPOs are having a major moment; SpaceX just had the biggest IPO in history, Anthropic and OpenAI are lining up next, and suddenly everyone's throwing this term around like they know what it means. Vivian breaks down what actually happens when a company goes public, whether the hype is ever worth it, and what SpaceX's rollercoaster can teach us about IPO investing.