The Path to Financial Freedom No One Talks About! Feat.

Рет қаралды 16,157

Күн бұрын

We are talking money this week with Vivian Tu, aka “Your Rich BFF”, as we decode the art of wealth creation.
In this episode, we'll explore everything from smart budgeting techniques and essential investment strategies to the psychological aspects of wealth. You'll learn how to harness your mindset for financial success, and why emotional intelligence can be your greatest asset in the market. Vivian and I will also tackle the tough questions about risk, teaching you how to navigate the uncertainties of the financial world with confidence.
You’ll also learn:
A possible blueprint for financial freedom that’s as smart as it is straightforward.
A challenging discussion regarding retirement accounts
Discover the crucial importance of having a robust emergency fund and how to build one
Get practical tips on managing and prioritizing debt to maintain financial health
Understand the nuances of planning for the future, whether it's retirement or achieving your dream lifestyle.
This isn't necessarily about getting rich; it's about enriching your entire life through the power of financial knowledge. So whether you're trying to pay off debt, invest in your future, or simply find more financial stability, join Vivian and me as we guide you through the ins and outs of the financial landscape.
This episode will help transform your approach to money, and maybe even your life, right here on today’s show.
Main points
00:00 Intro
04:25 S.T.R.I.P to Build Wealth
10:37 Tax Considerations for Retirement Funds
13:58 Stop Spending Money to Impress People
17:58 Appreciating vs. Depreciating Assets
22:06 How to Ask for a Raise
28:04 FU Number
30:37 Achieve Both Happiness and Better Income
35:37 Taking the Corporate Route to Financial Freedom
42:43 Why Prenups Are Important
51:04 Crypto, Index ETFs, and Real Estate
54:17 How Vivian Learned to Communicate Effectively
59:25 Financial Equity Over Equality
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Пікірлер: 32

@karinaclement1817 25 күн бұрын

I live a rich life every day. Yes, I like good things, but sharing is what makes my life valuable. I breathe,walk,eat, and lately cry in my own self Rich way. My tears and my pain have no price. When we die, we take nothing with us but experiences and knowledge.

@user-qs9by1fq4o 24 күн бұрын

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire without any investment. Retirement becomes truly fulfilling when you possess two essential elements: financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement. .

@Michelle_Sanders561 13 күн бұрын

The use of a good retirement financial advisor will guide you through investment plans and when to invest.

@jacqulinanderson-parkinson9379 25 күн бұрын

My 19 years old college son who works part time, does the same thing. Buys the look alike for less and invests $500 every month in an IUL and Fidelity plus any additional cash he comes upon! 😇

@EcomCarl 25 күн бұрын

Vivian's insights are spot-on! 💡 Finding a career that aligns with your passions and financial goals can pave the way for long-term success. Remember, it's never too late to start improving your financial habits and mindset.

@leadgenjay 25 күн бұрын

Absolutely loved the discussion on the psychological aspects of wealth, it's often overlooked.

@ST_RISE 25 күн бұрын

I know I just need to start now even though I’m 43!

@stevenmcbride9773 25 күн бұрын

It’s never too late my friend. I just started and I’m 45

@herotcg4028 25 күн бұрын

Your journey is your journey. 😊

@eugenehammond6225 25 күн бұрын

U got this 💪🙏🏆

@watchmethriving 12 күн бұрын

I'm starting too and I'm 46

@jodiewaner5074 25 күн бұрын

WoW! What a way to max out your life! This is a must watch!

@lysettegabriel6351 25 күн бұрын

I will listen to this podcast several times. It was an amazing conversation

@marcelasvirbelovakuziakova7517 25 күн бұрын

Thank you for sharing, really appreciate your time, people on your podcasts 🙏👌, OMG Vivian your voice reminds me Rachel Holis 😊❤️

@carolyngialamas2335 22 күн бұрын

I really enjoyed this episode! Vivian‘s analogy for a prenup regarding the government setting your your contract was genius. So much good information for all adults to consider with their finances. Thank you!🙏🏻

@mm09291 25 күн бұрын

This was an amazing interview. I am going to start to follow her.

@christinazaharia 23 күн бұрын

So so good!

@vergiseiland4655 25 күн бұрын

Excellent show.

@RyanRytrades 22 күн бұрын

This was profound! Appreciate you both, thank you 🙌🙌

@moneymovesgustavo 24 күн бұрын

this is what we teach all day in WFG 💪🏻

@andresmikle2161 25 күн бұрын

I like her ed she talking all facts💯💯🔥

@josielewis1247 24 күн бұрын

Hi Ed , Awesome 😊 Thanks again

@kuntkoalition 25 күн бұрын

THANK YOU🙏 @VivianTu for normalizing pre-nup and also having honest conversations about money BEFORE getting in deep.💥 Another great interview @edmylettshow 🙌 #MAXOUT #Basic2Badass #KuntKoalition #RiseAndGrind

@ChrisCannonWealthVersity 25 күн бұрын

You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting $1,000 in starting a business and becoming multi millionaires in 2yrs, while living an incredible lifestyle. I pray that anyone who reads this will be successful in life.

@adriansanchez4875 25 күн бұрын

😂i feel you on the aries ♈ part . Impatience . Both a positive and negative . But it makes you more of a doer than a talker

@jaisolart3368 25 күн бұрын

ART❤VALUE ARE ALWAYS XX GET PAID TO PLAY X LOVE YOU ED

@zm6730 25 күн бұрын

First

@lucym5698 25 күн бұрын

Agree, but not in regards with "climbing the corporate ladder". In the corporate world these days climbing the corporate ladder has changed.

@thelifeinsuranceman4026 25 күн бұрын

Second

@HLD0205 25 күн бұрын

If you get a revocable trust before you get married and have all your investments set up, it's almost as strong as a pre-nup and doesn't get the bad wrap.

@PaulaAdrian721 25 күн бұрын

Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them