1:59

Thank you so much for joining

2:02

us today. I'm really excited. How are you

2:04

feeling? I'm feeling great. Thank you so much

2:06

for having me. Oh, of course. I

2:08

have been a huge fan of your content

2:11

for a while. So when the

2:13

team reached out and was like, hey, we're going

2:15

to be meeting with Vivian, I was like, yes.

2:17

Even doing my research, I do research

2:20

before every conversation, I learned

2:22

a phenomenal amount of information. Like I feel

2:24

like a financial body right now.

2:27

Awesome. No, I'm so happy to hear that. And

2:29

I'm glad the content hopefully has been enjoyable.

2:32

Oh, of course, of course. So I love

2:34

to go backwards before we talk

2:37

about the present. So I know that you went to

2:39

the University of Chicago and studied environmental

2:41

studies and public policy with

2:44

an emphasis in finance. And you eventually

2:46

grew working on Wall Street as a trader

2:48

with JP Morgan. And before all of that,

2:50

I'm really curious about what

2:52

young Vivian wanted to be when she grew up.

2:55

I think on that day in kindergarten

2:57

where they're like, what do you want to be when you grow up? I

3:00

wrote down like unicorn. So like not even like a real job.

3:02

I grew up in a

3:05

Chinese immigrant home. So, you

3:07

know, the old trope of you get one

3:10

of three choices, you get to be a doctor, lawyer,

3:12

engineer,

3:13

but I don't think that was ever in the cards for me. I

3:15

wanted to have this fast paced

3:18

job. And I think that's a big reason

3:20

why Wall Street eventually did appeal

3:22

to me as I got older and closer

3:24

to actual working age. But yeah,

3:26

I was like a troublesome child.

3:29

I was an only kid, so I had to entertain myself.

3:31

That's so interesting. So I think that that explains

3:34

the environmental studies and public

3:36

policy. Sort of,

3:39

I'll give you the real tea. So

3:41

I went to the University of Chicago. It is

3:43

the number one economics university

3:46

in the entire world. And I thought,

3:49

I am so smart. I'm going to take econ

3:51

with all of these brilliant people.

3:53

And I ended up getting a C

3:55

plus in the first like

3:58

econ, like 200 class.

3:59

I was like, this is not voting well for the future.

4:02

My jaws dropped, by the way. People can't see

4:04

me, but I'm shocked by this. For

4:07

me, I was like, well, I want to have a good GPA because

4:09

I want to get a good job. And I needed

4:11

to reconsider because I don't think that major really

4:13

would have worked out for me. So

4:15

the more qualitative,

4:18

less quantitative econ major

4:21

at UChicago was the public policy major. And

4:23

obviously, that had an environmental spin on it.

4:25

So how did you end up on Wall Street?

4:28

I wish I could tell you

4:30

I had this plan from day one,

4:32

and I was checking things off my to-do list. No.

4:35

Junior year rolled around, and I looked around,

4:37

and all of my friends were interviewing for jobs on Wall

4:40

Street. And I said, this seems like a pretty

4:42

good thing to do. They seem

4:44

to have it together. So sure, I'll interview, too. And

4:47

luckily for me, I did end up getting an internship,

4:49

which eventually turned into a full-time position.

4:52

And how long did you intern before

4:54

it turned into a full-time position?

4:56

So Wall Street internships

4:58

are really funny in that they're all 10 weeks

5:01

long, and you have 10 weeks to

5:03

prove to your future team that you

5:05

are the person to hire. And I

5:08

started with two

5:10

other boys, three of us, on

5:12

the team. And only I got hired for that desk.

5:15

So it's quite competitive.

5:17

Wow. And you know what's interesting? It's

5:19

like, of course, we have in Canada and

5:21

throughout the United States, typically three-month

5:23

probationary policies, right? And 10 weeks

5:26

is not enough time to prove

5:29

yourself in any capacity, in any

5:31

role. It usually takes 10 weeks just to ramp up,

5:33

let alone as an intern. So just

5:36

reflecting back, what do you think that

5:37

you did differently to secure your

5:39

spot with a full-time role there?

5:42

I would say soft skill work. So

5:44

all of us were very, very book smart. We

5:46

were all very good at what we were doing. We were

5:48

in Excel. We were doing the labor

5:51

itself. But I would make really

5:53

strategic decisions to say, hey,

5:55

I'm going to go waste 15 minutes and

5:58

talk to the health care animals.

5:59

I'm going to make sure this guy likes

6:02

me because at the end of the day, everybody

6:04

on the team basically gets a vote. And

6:07

essentially you need more yeses than noes.

6:10

And you need to have people pounding the desk

6:12

saying we need to hire her. So I

6:14

made big, deep social inroads

6:17

with a lot of people on the team, asked

6:19

them about their hobbies. Like I was asking

6:22

questions that I didn't even know what the question

6:24

meant. I was like, oh yeah, like how was

6:26

the green this weekend? Like I don't go. But

6:29

you know, like we're like, how about that football game

6:31

that I totally did not watch? But you know, I

6:34

think people appreciated that I made an effort.

6:36

I tried to be charismatic, funny.

6:39

And I think that goes a long way because

6:42

on Wall Street, one of the things that it is notorious

6:44

for is that you are working pretty long hours.

6:46

And a big part of that is liking the person

6:49

you sit next to. Are you going to be able to sit next

6:51

to that person for 12 hours and

6:53

think that their jokes are funny and not

6:55

be irritated by the little things they do? And being

6:58

social was actually a big help.

7:00

This is really great advice for anyone,

7:02

regardless of what stage of their career they're in. If

7:05

they're looking to secure themselves a

7:07

full time job going through an internship or

7:09

if they're within their first couple of weeks

7:11

at a new organization, you're totally right.

7:13

Building those relationships is an

7:15

integral part of building

7:17

a great career within that organization.

7:20

It's an unfortunate thing, but like bias

7:22

plays a huge role in the decisions

7:25

that people make about who they work with.

7:27

And as much as my company and my day job,

7:29

we try to train people to work against

7:31

their own bias. It's a very human

7:34

thing, right? We've been doing since we

7:36

were cave folks. I think there was a really

7:38

interesting headline that recently

7:40

came out that

7:42

the smartest person is not

7:44

the one who gets paid the most. There

7:46

was actually a study where they tested

7:48

people's IQs and the people who

7:51

were getting paid the most had lower IQs

7:53

than the people in the rung below them in terms of pay.

7:55

The people who are getting paid the most were just the most socially

7:57

adept. So yeah, your book's.

7:59

smarts can take you very far, certainly.

8:02

But if you're trying to really make

8:05

yourself stand out, it is through

8:07

these soft skills.

8:09

So for folks that are listening in that

8:11

are either navigating internships right now or

8:13

they're applying for internships, what other

8:16

advice would you have for them?

8:18

I would say never, ever

8:20

skip

8:21

the interests line on

8:23

your resume. I had a pretty impressive

8:26

resume going into my internship

8:28

hunting. I had that finance background.

8:30

I'd taken the good classes. Fortunately,

8:32

my C-plus did not bring me down too far. I

8:34

had like a, you know, 3.7 GPA, 3.8 GPA. So

8:38

I was a good student. Not a single

8:40

person asked me about my grades or

8:43

my past internships. Every single

8:45

interviewer asked me about my interests and

8:48

the clubs and organizations I was a part

8:50

of. So I got a

8:51

lot of questions like,

8:52

what made you decide to become a cheerleader

8:54

in college? Everyone wanted to know that one.

8:57

And I put that, one of my interests was

8:59

watching mob movies with my dad. And

9:01

the question I would always get is like, which one's your favorite? And I'd

9:04

be like, oh, good fellas. And it gave us

9:06

a talking point. And for me, that

9:08

was really important because

9:11

these interviews can get very, very technical.

9:13

And you're going to get to a point where you get asked a question

9:15

you can't answer. But if you're able

9:18

to turn a 30 minute interview into

9:20

a 15 minute interview and 15 minutes

9:23

of true conversation and communication,

9:26

and almost to get to know each other, you're not

9:28

going to be asked tough, technical questions. You're

9:30

also going to get an opportunity to become memorable.

9:33

Yeah, what you're doing is you're helping

9:35

them simulate what it would be

9:38

like to work with you, communicate with you,

9:40

be around the water cooler, if that's still

9:42

a thing. I haven't worked in an office in a long time. Okay,

9:45

I wanna reflect back to a few years

9:47

ago, like a lot of people, when the pandemic

9:49

hit, you noticed all of the not

9:52

so great financial advice on the internet.

9:54

I see this and feel this from an HR perspective.

9:57

I'm curious, before you launched

9:59

your...

9:59

rich BFF platform.

10:02

Did you have any reservations before

10:04

you took it upon yourself to start providing cost-free

10:07

financial literacy on TikTok?

10:09

I did have reservations, not so much

10:11

from like the information perspective, but a

10:13

personal hesitation. I am

10:16

what I like to describe as I

10:18

used to be a lurker. So I would lurk and

10:20

I would watch other people's content, but I wouldn't create content

10:22

myself. And I think

10:24

someone on TikTok actually did a really great

10:26

explanation that before you get

10:29

to a point that is cool

10:31

and people are envious and you

10:33

get applauded for your efforts, you have to

10:35

climb something called cringe mountain. As

10:37

you're climbing cringe mountain, it's horrible

10:40

because people at the bottom of the mountain are looking

10:42

at you and pointing and being like, Oh, that's so embarrassing.

10:45

But now I've hit the peak

10:47

of cringe mountain. My face is thousands

10:50

of times over on the internet.

10:53

But now I'm on the decline

10:54

and I'm coming off of that peak and I'm getting to

10:56

the Valley that has the Oasis and

10:59

the palm trees, whatever may be at the end, the

11:01

pot of gold at the end of the rainbow. People think,

11:03

wow, that's incredible. That's so impressive.

11:05

That's not what you were saying about

11:07

me a year ago. And I think

11:10

we all have to really push through that period

11:12

of discomfort if we want to really

11:14

achieve anything.

11:16

Yeah, I was going to say like 100% period. I've

11:18

gone through the cringy climb 100%. I feel

11:23

like I'm still on it, to be honest. I haven't

11:25

hit the peak. Well, maybe I have, but

11:27

I know what you mean. I was talking about social justice

11:30

and race and everything. So it was like a contentious

11:32

cringy climb as well. And I mean, you're in the same

11:35

boat talking about finances, financial

11:37

literacy and money, right? It's such a taboo

11:39

topic for a lot of folks, unfortunately.

11:42

But fast forward a few years later, you're

11:44

referring to you're in the Valley. Your

11:46

rich BFF has blossomed into

11:48

an amazing community of over 3 million

11:50

besties all over the world. And this

11:52

community is growing. Who is your

11:54

rich BFF?

11:56

Your rich BFF in terms of myself

11:59

is just some

11:59

that I want you to be able to look at and think

12:02

that girl could have been my best friend in college.

12:04

She reminds me of my best friend in college

12:07

because before being a former Wall

12:09

Street trader, before having worked in

12:11

tech and media, before being a content

12:14

creator,

12:14

the BFF part is the

12:17

part that I really want people to emphasize because

12:20

for so long, we have

12:22

only seen rich,

12:24

older men be the wealthy ones. They

12:27

wear vests, they wear suits, they talk

12:29

on those talking head shows we see on TV

12:31

and wealth for people who looked

12:34

like us, you and me Avery, that

12:36

didn't really exist. And my

12:38

girlfriend certainly didn't have anyone that they looked

12:40

up to when it came to their finances. They

12:43

did not know, they were just asking each

12:45

other and people were asking me, who

12:47

is your rich BFF? It's someone

12:49

just like you. I'm not special, I'm not unique,

12:52

I want you to see me and see,

12:54

hey, if she can do it, so can I. And

12:57

I feel so lucky because my

13:00

very first manager and my mentor

13:02

on Wall Street,

13:03

when I showed up day one, she took

13:05

me under her wing. She was the only other Asian

13:08

woman and she said, I'm going to teach

13:10

you all the stuff I did not know when

13:12

I was a clueless 22 year

13:15

old. She's the reason why I started putting money into

13:17

my 401k. She's

13:18

the reason why I use cashback

13:20

apps. She's the reason why I do all of these things because

13:23

she taught me to. Have you had people reach out

13:25

thanking you for things that you've taught

13:27

them or advice you've given?

13:29

That's probably the most rewarding piece of

13:31

what I get to do. I get DMs all

13:33

the time that are like, because of you, I

13:36

started a Roth IRA. Because of

13:38

you, I went and asked for a raise and I was terrified,

13:41

but

13:41

now I get $20,000 extra

13:44

every single year and that's truly life changing

13:46

money. And I think the honestly

13:49

most terrifying, but like really

13:51

impactful message I've ever gotten was I made

13:53

a video about missingmoney.com.

13:56

Basically it is a government

13:58

unclaimed fund site.

13:59

So if you move away or

14:02

change your phone number and your

14:04

landlord can't get a hold of you to give you your security

14:06

deposit back or an insurance payout

14:08

comes and you've moved and you don't claim it, any

14:10

sort of unclaimed money, that actually

14:13

gets filtered to the U.S. government. And

14:15

the government has essentially a database

14:18

where you can find your own name and see if you have

14:20

any missing money. A woman

14:22

DM'd me and said,

14:24

because of that video, I checked. And

14:27

she said, my late partner

14:29

passed away and I didn't know he had a life insurance

14:31

policy, but I am getting a seven

14:34

figure sum of money because of you. You have

14:36

single-handedly changed my life. Oh

14:40

my gosh.

14:41

And I just started crying. I feel like I

14:43

just got shivers at my spine. That is wild.

14:46

My jaw dropped. That's huge.

14:49

What was this called again? So people can check it out?

14:52

MissingMoney.com. Oh my gosh. That

14:54

is so cool.

14:59

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newsletter.

15:38

You're listening to my conversation with Vivian too

15:41

of Your Rich BFF. Next up,

15:43

Vivian tells us why she left her high paying job

15:45

at BuzzFeed, which she loved to

15:47

go out on her own. Let's get back into it.

15:50

Before we get too deep into the impact

15:52

of the work that you're doing, which is phenomenal,

15:55

I wanted to ask you like what actually

15:57

made you decide to go all in on

15:59

your rich BFF?

15:59

because you had a mega

16:02

six-figure salary in your last job, and

16:05

you left it all behind, I believe, for like the

16:07

greater good, but that must have been a big

16:09

leap.

16:10

Don't give me too much credit when you say greater

16:12

good. This was a completely analytical,

16:15

logical decision. So I started

16:18

building Your Rich BFF while I was working full-time.

16:20

I did that for a year and three months, and

16:24

I was really, really fortunate, and I had worked

16:26

very hard to get where I was in my career, and

16:28

I was making over $600,000

16:31

working in digital media strategy sales at

16:33

BuzzFeed. So a big part of that

16:36

was commission, and I had been selling some

16:38

really big deals. I was definitely one of their top

16:40

salespeople

16:40

at the time, and it was

16:42

really scary to walk away from that because it

16:45

would have been so much easier if I hated

16:47

my boss and didn't like my team and

16:49

was not fulfilled at work, but I love my

16:51

boss, I love that guy, and I

16:53

love my team, and they were my friends,

16:56

and these are people that I would text on the side,

16:58

be like, yo, you wanna hang out on Saturday. Truly,

17:01

I

17:01

was so lucky in that perfect, amazing

17:03

seat for me, but

17:06

it got to the point where I was working

17:08

full-time during the week, and then I would ideate

17:10

all my content on Saturday and film all my content

17:12

on Sunday and just change my shirt so

17:15

people wouldn't know that we were all filmed on one day,

17:17

and I got to a point where I was like,

17:20

I hate working at

17:22

BuzzFeed.

17:24

I hate making content for your rich BFF,

17:26

and I sat down with my fiance, and

17:29

I told him this, and he was like,

17:31

you didn't hate your job before you started

17:33

making your rich BFF content on the side. You actually

17:35

really liked your job, and when you

17:37

first started making your rich BFF and there wasn't this

17:40

expectation to keep putting out more content, you really liked

17:42

it then, too.

17:43

Do you think, it's not that you don't like

17:46

either of these things, it's maybe you don't like doing them at

17:48

the same time and not taking a break

17:50

for a year and three months, and I'm like,

17:52

he just become my therapist, and

17:54

he was right. It wasn't something that I was gonna

17:56

be able to keep doing

17:58

parallel path with.

17:59

burning myself out. So I ended

18:02

up

18:03

doing some analysis of what

18:05

I was going to be able to make

18:07

at Your Rich BFF.

18:09

And at that point, I was like, okay,

18:12

this is going to be able to cover my expenses.

18:14

And maybe I won't make as much as I

18:16

did in my full time job, but I'll make a good

18:18

living doing this. I don't want to be 50

18:21

and look back on this moment and wonder what

18:23

if let's try it worst case, I

18:26

flame out in a year and I

18:28

was a great employee. My boss really liked me.

18:30

I was like, I could always like go back and like beg

18:32

for my job back. And so I

18:35

kind of made the decision. I was like, I have nothing to lose.

18:37

Like I got to do this. Have

18:40

you been able to make what you're earning in your

18:42

last job? More than. Mike

18:47

drop. I'm really proud

18:49

of that. I think we are often told

18:51

to like not brag about

18:53

our finances or how proud we are

18:56

of that kind of thing. But like, I worked my butt off.

18:58

This was scary. And for

19:01

me to sit here and say I am now just

19:03

as financially successful doing this as

19:05

the traditional path that I had carved for myself.

19:08

I'm very proud of that. I'm

19:10

sure there's brand deals and everything, but like what

19:12

is contributing to your ability to

19:14

match exactly what you're earning in your full time job

19:17

prior to starting your rich BFF.

19:20

I have

19:21

made a big effort to diversify

19:23

my business. So certainly

19:25

I make money from the platforms.

19:27

I make money from brand partnerships, which

19:30

are awesome. I really love brand

19:32

partnerships because they allow me to keep this content

19:34

for free. I cannot work and

19:36

not get paid. No one expects an

19:38

electrician or the plumber or

19:41

someone who's working a corporate job to do their

19:43

job for free. I can't make content

19:45

full time for free. And this helps me keep

19:47

it free.

19:48

Also, I just launched a podcast,

19:51

network and chill. Check it out my friends.

19:53

And I have a book coming out at the end of the

19:56

year. I'm working on some TV show

19:58

stuff. And that is a big.

19:59

contributor as to why I've been able

20:02

to match and in fact make more than

20:04

my previous salary.

20:05

That's incredible. That's so cool. I'm feeling

20:07

really inspired right now. My

20:10

heart's beating like really fast. I'm sure the people

20:12

listening are feeling the same way. And I just want

20:14

to let you know if you're listening, you're not alone. I'm

20:17

very impressed and moved by this as well.

20:19

I think that's so cool. So I know

20:22

that I personally have learned a lot of stuff,

20:24

information from your TikToks and from

20:26

your YouTube specifically. And I know

20:28

that you've already shared an amazing example of how

20:30

it's created a massive change for folks. So

20:33

on that note, what are three pieces

20:35

of financial advice you think everyone

20:38

needs to know? First and foremost,

20:41

it's really important

20:43

to know your worth. So

20:45

we talk so much about scrimping and saving.

20:48

And we're like, you are bad with money because

20:50

you like lattes and avocado toast. But

20:53

in reality, it's a lot easier

20:55

to create an extra surplus of $5,000 by

20:57

just asking for a $5,000 raise than it is to cut

20:59

out every discretionary

21:04

expense that brings you an ounce of joy. So first

21:06

and foremost, I think it's really important for folks to

21:08

understand their worth and know that they can

21:11

ask for a raise every single year.

21:14

Two, I would say when you're choosing

21:16

a credit card, you want to do your research first.

21:18

One thing I really look for in a card

21:20

is one that's going to benefit me most based on my

21:22

spending habits as that's going to let me

21:25

maximize my rewards. And my

21:27

Citi Double Cash Card is the perfect

21:29

fit for my lifestyle. I'm working with Citi because

21:32

I don't like to track my spending.

21:34

I don't like to track categories. I just want to know

21:37

that when I use my credit card, I

21:39

am able to earn cash back on everything

21:41

that I buy. And I think that's really important

21:43

because responsible credit card usage is

21:46

really, really helpful to your finances.

21:48

And last but not least, I really just say like

21:51

talk to your friends about money. We have

21:53

been tricked into thinking that money

21:56

is shameful and embarrassing and tacky

21:58

and taboo, but think about

21:59

it. about all of those rich guys

22:02

on the golf courses that

22:04

are smoking a cigar and talking

22:07

about their investment portfolio.

22:08

It should not be embarrassing for regular people

22:11

that look like you and me to talk to each other about

22:13

what we make, what we're spending, and how we're saving

22:15

and budgeting, and what we're doing with our money. It's

22:18

not embarrassing when rich people do it, so there shouldn't

22:20

have to be this doubled standard.

22:22

A great way to bridge the gender

22:24

and race pay gap is to share what we earn

22:27

with others. For folks listening

22:29

and for a lot of folks that specifically work with

22:31

corporations, is it illegal to

22:34

talk about how much you earn with your colleagues?

22:36

It is not. So the National

22:38

Labor Relations Act of 1935

22:42

basically is a law that says it

22:44

is not illegal for you to talk about pay with

22:46

your co-workers, and your boss cannot

22:49

retaliate against you for doing so. They cannot

22:51

surveil you. I guess it's the verb for surveillance.

22:54

They can't stalk you for doing that. They can't

22:56

yell at you, and they can't demote you. Genuinely,

22:59

it is 100% legal to talk about

23:02

your income, and that's how

23:04

you maintain their pay. I

23:06

think a big step in being a good

23:09

ally to women, to people of color,

23:11

to marginalized groups like LGBTQ

23:13

community, tell them what you're making.

23:16

Because when you talk about how much you

23:18

make, if they make less than you, you

23:20

don't suddenly make what they make. You don't make less,

23:22

but they now have the opportunity to make more.

23:25

Exactly. Totally agree. And for folks

23:27

that are listening in from Canada, from your friendly

23:30

HR person here, it is perfectly legal

23:32

to talk about compensation with your colleagues

23:35

as well in Canada. So we talked

23:37

about three pieces of advice that you feel like

23:39

every single person should have access to as

23:41

it relates to their finances. What's an example

23:44

of really bad financial

23:46

advice that you've seen online?

23:48

That you should make

23:50

sure that all of your debt is completely

23:52

paid off before you start investing. Because

23:55

what people don't realize is that

23:58

depending on your

23:59

debt's interest rate, it may make more

24:02

sense to start investing before that. I would

24:04

say another really bad one is

24:06

to cancel your credit card outright,

24:08

your oldest credit card, because

24:10

guess what?

24:11

That shortens your credit history. That's bad.

24:13

You can downgrade a card, you can upgrade a card, you can do whatever

24:16

you want, but don't cancel your

24:18

oldest line of credit.

24:19

And a bad piece of financial

24:21

advice is to hold everything

24:24

in your checking account because

24:26

that checking account is paying you pennies every

24:28

single year in interest. At least

24:31

get it into a high yield savings account, but truly

24:33

if you want to grow your wealth you're going to have to start investing.

24:36

Yeah, definitely. And I want

24:38

to ask you, so at Girlboss we

24:40

are obsessed with exploring all

24:42

the ways in which women define

24:44

success. So for you, what

24:47

does it mean to be successful?

24:49

In terms of success, this word

24:51

has changed quite a bit for me. It

24:54

used to be like, I want to pull up to my

24:56

high school reunion in a Lambo, and now

24:58

it's like,

25:01

do I get to wake up every morning and choose

25:03

my own adventure? And these days the answer is yes.

25:06

So I think that based on your

25:09

definition of success, you believe that you're successful

25:11

today.

25:12

Yeah, I do. That's

25:14

great. Okay, so before we move

25:17

into our in or out finance

25:20

edition, for folks that are listening,

25:22

get some advice that you would give to people

25:25

in terms of ways they could build their capital.

25:27

The easiest thing to do is

25:30

just to get paid more. And I know that sounds like so

25:33

obvious and everybody hates when I say that, but

25:36

one of the best ways and simplest ways you can do

25:38

this is actually creating a folder in your inbox.

25:41

And you can name it like Braggbook, Raise

25:43

Receipts, Promo Pitch, whatever you want to name

25:45

it, and then the year. And then anytime

25:47

something really good happens to you,

25:49

you forward it to that email or you forward it to that folder.

25:51

And mid-year reviews

25:53

come around, end of year reviews come around, you literally

25:56

have this binder of

25:58

all of the reasons why you are

25:59

amazing why you are deserving of more pay,

26:02

why you are deserving of a promotion, and being

26:05

able to effectively, not just ask,

26:07

but effectively negotiate a raise

26:09

every single year is going to be the fastest way

26:12

for you to make more money.

26:13

Listen, I think there is absolutely

26:15

nothing wrong with picking up a side hustle.

26:18

Literally this whole thing started as a side hustle

26:20

for me. I know if people

26:22

are really, really feeling crunched for time, that

26:24

can feel kind of overwhelming, but I actually recommend

26:27

it as something to do that's very different

26:29

than what you do for your day job.

26:31

I love that. Thank you. I

26:33

know that folks listening are probably being overwhelmed

26:36

with all of the information that you've shared. So

26:38

as a way to kind of round that out, I want to do

26:40

a very quick enter out with you. The first

26:43

one is saving three months

26:46

of your living expenses. Begin.

26:49

Paying off credit card debt over

26:52

putting money into savings.

26:54

In.

26:55

Saving for retirement.

26:58

Begin. Ironically,

27:00

side gigs. In.

27:03

Okay, so this is going to be a bit of a spicy

27:05

one. Buying a home or

27:08

property. Oof. For

27:10

this one, I would say I want to

27:12

be a lion straddler, but I know that's like not a

27:15

thing. I would have to say out. And

27:17

let me give the justification because I think

27:20

we talk about buying a home is kind of like the end

27:22

all be all that everyone should be doing. And that's just

27:24

not true. In many cases, renting is

27:26

a better option. Perhaps you only want

27:28

to be in an area for a couple of years. Maybe

27:30

if it's going to be less than five years, it certainly is

27:33

not going to cover the closing costs and

27:36

knowing that

27:37

it is so dependent, it's hard for me

27:39

to say in on something that's going to be the

27:41

biggest purchase of your life. Rolling

27:44

over your 401k.

27:46

Big in. You never ever

27:48

want to leave your old 401k at

27:50

your old employer. You will likely forget about

27:53

it. And there's actually $1.7 trillion

27:55

worth of forgotten 401k money just

27:58

floating around.

27:59

And my next and last

28:01

in or out is talking about what

28:04

you earn. One hundred percent

28:06

in, always has been in, will continue

28:08

to be in. We're doubling down on that everyone.

28:11

Yeah. Tell everyone what you earn, share

28:13

that information. Definitely. So,

28:16

thank you so much Vivian for having this

28:18

conversation with us today.

28:20

Thank you.

28:24

Thank you so much for staying until

28:27

the end of this inspiring conversation

28:29

with our Rich BFF. Vivian

28:31

is proof that if you stick with your side gig,

28:33

amazing things can happen. I've

28:36

loved seeing your positive reviews on this season so

28:38

far. Keep them coming and tune in next

28:40

week for another episode.