Opinion
Tu: Society expects unpaid domestic labor from women while rewarding men professionally
“When you do something for free, a woman does it. When you get paid to do something, a man does it. So when you cook at home, you are the one who's expected to do it. The wife cleans, the wife cooks. Tell me why there are so many significantly more Michelin sta…”
Opinion
Vivian Tu: Expecting a traditional homemaker requires being a sole financial provider
“Well, I think the safe thing to say is that if you want a traditional wife, then you have to be a traditional man, and you want to talk about a wife who cooks and cleans and has a hot meal on the table ready for, yeah, because back in the day, we could also al…”
Opinion
Tu: Buy Now, Pay Later risks outweigh rewards for consumers
“If you were to use a, you know, buy now, pay later service, Klarna, afterpay, whatever, and used it perfectly, you could come out unscathed. How many people do you trust to do anything perfectly? I mean, I can't even make microwave mac and cheese properly half…”
Insight
Vivian Tu: Couples Should Split Expenses Equitably Rather Than 50/50
“I think every couple should split things in an equitable fashion. That can be proportional. Doesn't have to be. That can be, oh, one partner just says, I'm gonna cover it all because you make so much less than me that I want you to save and invest your money.”
Insight
Tu: The only truly passive income strategy is asset ownership
“The only, I think, truly passive income strategy, the only, is ownership. You have to own something. Whether that be a business that is making you money, whether that be investments in the stock market, whether that be a bond that is paying you interest for ha…”
Insight
Tu: Media literacy is an essential component of financial literacy
“I think media literacy right now is such a big part of financial literacy, because if you don't think about why someone is incentivized to show you something, you won't know why they bothered to do it in the first place.”
Insight
Tu: Wall Street investors struggle more to deploy capital than acquire it
“For people who are in the beginning of their financial journey, the hardest feeling is feeling like you don't have enough money, but once you get to that level, on Wall Street what I learned is people have a harder time finding opportunities to actually deploy…”
Insight
Tu: Social capital is the main difference between old and new money
“I think the difference is social capital, and I'll explain.”
Insight
Tu: Wealthy people preserve fortunes by strategically choreographing money across life milestones
“I think the number one thing that rich people do that regular people don't is that they strategically financially choreograph their life and how their money lives.”
Disclosure
Tu: Prenup splits assets equally with 100% business equity carve-out
“So everything going into our relationship that we have, fifty-fifty. All assets, cash, everything, while we're married, fifty-fifty. The only carve out being the equity and ownership in my business, because if something were to happen, I would not want my ex-h…”
Insight
Tu: Automate financial habits with infrastructure instead of relying on willpower
“You don't want to build willpower. You can't. You want to build infrastructure, choreography, because once you have those dance moves in place, there's no guesswork.”
Insight
Tu: Senior job hunts can take two years, requiring larger cash reserves
“Finding a entry to mid-level job, there's dozens of them.
But if you're more senior in your career, the job hunt might take two years before you find the right fit.
So you might need to be on the higher end of that range if you are more senior in your career.”
Assertion Supported
Tu: Nearly 50% of couples do not discuss money until engagement
“Nearly 50% of couples don't talk about money until they're engaged”
Insight
Tu: Beginners should invest in personal earning power before long-term assets
“And so at the beginning, it actually even makes more sense to invest in yourself so that you can have more money coming in the door. And when you have more dollars coming in the door, You have more money to put towards those longer term investments.”
Assertion Supported
Tu: Up to $35,000 in unused 529 funds rolls into Roth IRAs
“If your kid ends up being some sort of football star and doesn't need the money, you can roll Up to 35,000 dollars of it into a Roth IRA for kiddo.”
