Why Most People Will Never Build Wealth (And How to Be Different) | Vivian Tu

Vivian Tu reveals the brutal truth about prediction markets that are really just gambling in disguise, and why most people will stay stuck in a comfortable but unfulfilling B+ life. She shares the powerful mindset shift that separates people who build wealth from those who stay trapped in scarcity, explaining why getting comfortable with discomfort is essential for growth. Vivian breaks down the buy borrow die strategy wealthy people use to never pay taxes, and why generational wealth is really about generational knowledge. She opens up about being the generation in her family tree who had to plant the seeds even though she may never taste all the fruit, and how her immigrant parents' sacrifices shaped her relentless work ethic and unshakeable belief that only good things happen to girls like her. The Greatness Playbook: The Financial Freedom EditionVivian’s books:Rich AFWell EndowedIn this episode you will:Understand how wealthy people use the buy borrow die strategy to build assets instead of buying stuff and why this knowledge gap keeps generational wealth in the hands of the fewBreak free from the myth that you're bad with money and reframe your relationship as being on a money journey that you controlTransform your approach to relationships by recognizing that your partner is the single most important financial decision you'll ever make and why love alone will never be enoughDiscover why embracing discomfort is the only way to escape the dangerous trap of a B+ life where you tread water for years without ever reaching your full potentialMaster the three step plan that separates people who create financial abundance from those who stay stuck in the same place for decadesFor more information go to https://lewishowes.com/1884For more Greatness text PODCAST to +1 (614) 350-3960More SOG episodes we think you’ll love:Lewis Howes [SOLO]Daniel PriestleyBrendon Burchard Get more from Lewis! Get my New York Times Bestselling book, Make Money Easy! Get The Greatness Mindset audiobook on SpotifyText Lewis AIYouTubeInstagramWebsiteTiktokFacebookX Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:00Vivian Tu?

  Our middle class is shrinking. More people will go into that category of kings and more people will go into that category of really suffering. There will be people who figure it out, but then there's also a group of people who aren't going to be able to figure it out. Their life is going to get meaningfully worse. You are going to see people continuously wake up one day in their 40s or 50s and look at themselves in the mirror and be like, what happened?

• 0:22Lewis Howes?

  She's one of the most trusted voices in personal finance today. She's a former Wall Street trader turned top podcaster and bestselling author. Please welcome Vivian To.

• 0:32Vivian Tu?

  I am going to sit here and be the first person to tell you, it ain't fair. Life ain't fair. Some people are born on third base. Some people are out in the parking lot with the person who is selling those illegal hot dogs that does not have a vendor's license. But just because our current society is not perfect, does not mean that you can lose hope.

• 0:48Lewis Howes?

  What are the first three steps someone should take to set themselves up by the end of 2026, they feel like they have a lot more peace because of the actions they've taken with this three-step game plan?

• 0:59Vivian Tu?

  Hmm, I would say...

• 1:07Lewis Howes?

  Every time I'm around you, I feel wealthier. I feel like money pours into my heart and there's just abundance that is coming to me because you give such good wisdom and strategies on how to mentally, emotionally, and tactically create more financial freedom in your life. So, thank you for being here. You've got a new book called Well Endowed, the last book you had crushed. And this book is about the secrets to strategic spending, building a financial foundation for you and your family, and creating lasting generational wealth. Make sure you guys get a copy of this. And as someone who just got married this year and just had twins recently, this is exactly what I need to start learning.

• 1:49Lewis Howes?

  And I probably should have started learning this stuff years ago before getting married and before having kids. There seems to be a lot of... Financial insecurity in the world right now, and specifically over the last five years, we're at this like half of a decade mark since COVID, right? And 2030 is gonna be here before we know it.

• 2:11Vivian Tu?

  Yeah.

• 2:11Lewis Howes?

  We're 2026, starting out right now, this episode comes out. And there just seems to be a lot of financial insecurity, financial stress, financial uncertainty about what's happening in the future and do I have enough money?

• 2:25Vivian Tu?

  Yeah.

• 2:26Lewis Howes?

  Do I have enough money to prepare myself, my family, my spouse, my kids for a safe and healthy future? So the first question is that there's a lot of myths that I see happening on social media, people talking about money everywhere now. Some stuff is really helpful, some things are not. What would you say is the biggest money myth that you're seeing online right now on social media that you think we should debunk, or you think just doesn't really have any weight right now?

• 2:54Vivian Tu?

  Yeah, I think one of the scariest things I'm seeing right now is the, and I quote, prediction market.

• 3:01Lewis Howes?

  Oh, yes.

• 3:01Vivian Tu?

  So you've heard of these brands where basically you can essentially say, ah, I'm going to, and again, quote, big air quotes here, invest in who potentially might win this political election, or who might win this basketball game or football game, or who might, you know, will this person say this in their live television broadcast? And these brands, and I see these ads, and it pisses me off to no end, because they're like, oh, well, these billionaires are investing in the prediction market. These billionaires are not placing predictions in the prediction market. They are investing in the brand because this is an old brand. It is, a brand is old as time, frankly, and it's called gambling.

• 3:44Lewis Howes?

  Yes.

• 3:45Vivian Tu?

  Okay? Um, I'm not even just talking, you know, like Vegas slots. I'm talking, bring it back to the olden days of horse betting, where you had a bookie. Like, that is what you're doing here. You are betting on an outcome. This is not investing. This is not a market. You have literally opened a book. You've opened a sports book, but for real life things happening.

• 4:09Lewis Howes?

  For life events.

• 4:09Vivian Tu?

  Life events.

• 4:10Lewis Howes?

  Yeah.

• 4:11Vivian Tu?

  We are conflating gambling, which let's be clear, nobody is a good gambler. There might be some really, really talented poker players who, you know, have honed in those skills, what have you, but nobody's a good gambler. Nobody is good at the slot machine. Nobody is good at the roulette table. Like, nobody's good at gambling. You cannot get better. It is luck and the house always wins. And so my thing is, is when you see these prediction markets, just know it is akin to you flipping a coin and putting money on if it's going to land heads or tails. And I think it's incredibly silly to call that investing because it will likely lead to you depleting your wealth versus increasing it.

• 4:53Lewis Howes?

  Yeah, it's very addictive. It's very like adrenaline rush.

• 4:57Vivian Tu?

  You get a little confetti sign every time you place like a thing, like, of course, like you feel good.

• 5:03Lewis Howes?

  Yeah.

• 5:04Vivian Tu?

  That's crazy.

• 5:05Lewis Howes?

  Maybe I'll win something, right?

• 5:06Vivian Tu?

  And it's a real problem because the, we talked about this, you just mentioned, like, it feels like it has been a hard economic time. When people get into modes of desperation, they see these types of opportunities as a way to fix all of their problems. If I take this unlikely bet, I take an eight game parlay and somehow it hits. All of my problems will be solved, but I'm telling you, they won't be. They won't be. You're just going to be another however much in the hole.

• 5:36Lewis Howes?

  And if you won that, you're going to try to double down again, probably.

• 5:40Vivian Tu?

  Of course you are.

• 5:40Lewis Howes?

  And then you're going to lose it eventually. You're not going to say, you know what? I'm just a one and done thing.

• 5:44Vivian Tu?

  Yes.

• 5:44Lewis Howes?

  I'm only going to gamble one time, win big, and then stop forever.

• 5:48Vivian Tu?

  There is a reason why on every single advertisement for a sports book, for a casino, anything, they have to put at the bottom, call, you know, gambling addicts anonymous or whatever. And like, they have to do all of that disclaimers because it's a vice. In the same way that cigarette boxes have to tell you that it is cancerous, carcinogenic, that alcohol labels have to have, you know, like, drink responsibly, da, da, da. Like, it's a vice and it is incredibly addictive because it operates on the same neural pathways as other addictive substances.

• 6:20Lewis Howes?

  Yeah, if you're gonna gamble, you need to look at it as entertainment.

• 6:22Vivian Tu?

  Yeah.

• 6:23Lewis Howes?

  And just say, if I go to Vegas and I spend like $300 on roulette, yeah, it's like 200 for you, 300 for me. I'm a little more risky, you know, 300 bucks. I'm like, all right, this is my two hour window. It's like going to a very expensive movie. I'm watching a movie. It costs money. Win or lose, I walk away being entertained.

• 6:42Vivian Tu?

  Yeah.

• 6:42Lewis Howes?

  But not risking like, I need this money. And there's an energy around going into gambling. I always go in having fun.

• 6:50Vivian Tu?

  Yeah.

• 6:50Lewis Howes?

  I used to, when I was poor.

• 6:51Vivian Tu?

  Yeah.

• 6:52Lewis Howes?

  Like 15 years ago, I used to go gamble and a hundred dollars was like everything to me.

• 6:56Vivian Tu?

  Yeah.

• 6:56Lewis Howes?

  And I had this kind of anxious energy where I really didn't want to lose the money.

• 7:01Vivian Tu?

  Of course.

• 7:02Lewis Howes?

  And I lost it every time.

• 7:03Vivian Tu?

  Because you weren't playing to win, you were playing not to lose.

• 7:05Lewis Howes?

  Exactly. And now I play so light and free because I don't look at it as like, I need to make this money back. And I feel like I win every time. I probably don't.

• 7:15Vivian Tu?

  You don't.

• 7:16Lewis Howes?

  But I feel like, man, I'm just winning left and right. And it's more of an enjoyable experience rather than all my hopes and dreams on if this hits red seven. You know what I mean?

• 7:25Vivian Tu?

  Exactly.

• 7:25Lewis Howes?

  And you've got to switch your mind into thinking like, I can't gamble at all unless it's just fun.

• 7:30Vivian Tu?

  Yeah.

• 7:30Lewis Howes?

  And I have, and I have nothing to lose with a couple hundred bucks here or there. And I know it's just money that I'm never gonna get back.

• 7:37Vivian Tu?

  It's the cost of admission to the movie.

• 7:39Lewis Howes?

  Yeah, don't spend thousands though.

• 7:40Vivian Tu?

  No.

• 7:40Lewis Howes?

  Spend like a hundred bucks.

• 7:41Vivian Tu?

  That movie is not worth it.

• 7:42Lewis Howes?

  No, it's not worth it because it could be gone in a second too.

• 7:45Vivian Tu?

  Yeah.

• 7:46Lewis Howes?

  So I'm curious, the last time you were on, we talked about the difference between real rich and fake rich.

• 7:52Vivian Tu?

  Yeah.

• 7:52Lewis Howes?

  And people really love that response. But I'm really curious, what's the biggest mindset difference that you see from people who are building wealth versus people who stay stuck in scarcity?

• 8:04Vivian Tu?

  I think it's the desire and comfort with discomfort. So you have to be, you have to get comfortable being uncomfortable. Because what is the worst thing for any, anything, frankly, any human, any object, any animal, whatever, it's change.

• 8:23Vivian Tu?

  We are creatures of habit. It is nice to wake up and know exactly what's going to happen, right? That is why people stay at jobs for longer than they should. It's why they stay in relationships for longer than they probably should. It is why people are, when they're scared and they don't know what to do, they're like, I guess I'll just keep doing exactly what I'm currently doing and change nothing. But changing nothing can mean you are stuck in a, what my friend Suzy Welch likes to call a B plus life. She's a professor at NYU. And the way she explained it was, if you have like a C minus life, everything kind of sucks, right? You don't live where you want to live. You don't have reliable transportation. You don't get to go on trips. You don't really have friends. Everything sucks and you are so motivated to change it.

• 9:08Vivian Tu?

  And if you have an A plus life, everything is amazing. You get to do what you want to do. You are incredibly incentivized to keep that life.

• 9:17Vivian Tu?

  But a B plus life is the most dangerous one because it is the one where you could tread water for years.

• 9:25Vivian Tu?

  And you could get stuck in a life that you are not fully satisfied in, but isn't so terrible that you feel compelled to change it. And so I think the difference between people who are able to grow wealth and the people who stay stuck is being able to recognize that you have to give up good to have great.

• 9:46Lewis Howes?

  I've heard this so many times when I've done my events that a lot of people will tell me, you know, Louis, I make a hundred twenty grand a year. I've got two beautiful kids. I've been married for eight to 10 years. My life is really good and I'm just, something's missing. I feel a little miserable because it is good. And you think like, anyone looking at this person would say, man, you've got a great life. Why don't you just appreciate and enjoy it? But they know they're not reaching into some type of potential they could be doing. Or they're in a career that they enjoy, but it's really not what's been gnawing at them emotionally. It's not what's been on their heart to go pursue, at least doing something on the side. And they just stay comfortable.

• 10:25Lewis Howes?

  And I think when people stay comfortable and they're not willing to just constantly reinvest in their personal growth, constantly reinvest in learning about the financial opportunities in front of them, or taking the risks, which is a financial investment as well. Taking that emotional risk or trying something new, that B plus life is scary, I think, for a lot of people.

• 10:47Vivian Tu?

  Yeah.

• 10:47Lewis Howes?

  Maybe they, they like it for a while, but then eventually they think, they think something's off.

• 10:53Vivian Tu?

  I think we have to remember also, growth has growing pains. You of all people as tall as you are, probably remember being a teen and your knees hurt.

• 11:00Lewis Howes?

  Knees hurt so bad. I was gonna say this like for years. It's like my knees are in pain.

• 11:05Vivian Tu?

  But I think we all talk about like growth being this wonderful flower sprouting out of the No, growing sucks. It hurts. Sometimes it leaves stretch marks. Sometimes like, you know, sometimes it's it's not so fun. Sometimes, you know, you overnight are in a shirt that is just a little too small. And I think we have to remember that like, growth does not happen overnight. But it also, when it does happen, isn't comfortable. It's not easy and sometimes it hurts.

• 11:32Lewis Howes?

  It hurts. It always hurts. Yeah, I feel like it's always gonna hurt.

• 11:35Vivian Tu?

  It always hurts.

• 11:36Lewis Howes?

  And that's why people stay stuck being comfortable in that B plus life. How many people do you think are living a B plus life right now in America?

• 11:45Vivian Tu?

  Most of them.

• 11:46Lewis Howes?

  Really?

• 11:46Vivian Tu?

  Yeah, I think probably at least half. I would say there are certain, there's a certain set of the population that is really, really gutting it out right now. They are having an incredibly hard time. They've had an incredibly hard time for quite some time now. And they are really, really hand to mouth, trying to make things happen.

• 12:07Lewis Howes?

  Day by day, month by month.

• 12:09Vivian Tu?

  These are not the people I'm talking about.

• 12:10Lewis Howes?

  No.

• 12:11Vivian Tu?

  There's also a subset of Americans that are living a life beyond anybody's wildest imagination.

• 12:19Lewis Howes?

  Kings.

• 12:20Vivian Tu?

  Kings. But the vast majority of people fall into this B plus life. And similarly to immediately after COVID, I think over the next five years, we are going to see both a financial K shaped divergence, as well as a overall like lifestyle satisfaction, K shaped divergence.

• 12:41Lewis Howes?

  What does that mean?

• 12:42Vivian Tu?

  So a K shaped divergence is just an economic principle that like, outcomes will be different for different people. So post COVID, right? There was a K shaped economic divergence in that the white collar professionals that got to stay home, saw this incredible growth in the stock market, their jobs, you know, elevated, they got more opportunities because they got to work from home. Everything was going well in their life. And then the folks who didn't have money to invest during COVID, who were working many of those essential jobs, like we have to really, really call out the privilege here. They they gutted it out. They put their lives on the line and were no better off for it. In fact, many were worse off for it because they had long term medical illnesses, conditions that, you know, long COVID.

• 13:27Vivian Tu?

  They ended up in positions where they felt like their careers had stagnated, even though they had put so much on the line. We were, you know, banging pots and pans for them at eight P M. Or whatever. And then America rolled over one night and said, we don't care anymore. And so there was this huge divergence of people, the haves and the have nots, and it got greater. And I think what I'm saying is, right now, I think our middle class is shrinking. And it will be a K shaped divergence. More people will go into that category of kings and more people will go into that category of really suffering.

• 14:04Vivian Tu?

  Financials, let's talk financials, but also from an emotional perspective of there will be people who figure it out. People who are able to find financial stability and security and they are going to have a much happier life. Then they would had they stayed at B plus. But then there's also a group of people who aren't going to be able to figure it out, either because they choose not to. They don't have access to the resources, which I think is really the shame here. But their life is going to get meaningfully worse. And you are going to see people continuously over the course of the next couple of decades. Wake up one day in their forties or fifties after, you know, a lot of their working years. And look at themselves in the mirror and be like, what happened?

• 14:46Lewis Howes?

  And have nothing to show for.

• 14:48Vivian Tu?

  Nothing to show for.

• 14:48Lewis Howes?

  No savings, no investments, just kind of what happened.

• 14:52Vivian Tu?

  Like I ran on that treadmill for twenty years and I have not moved. You weren't running on a track, you're running on a treadmill.

• 14:59Lewis Howes?

  Oh, man, that's painful. When you look back and you see decades of your life.

• 15:03Vivian Tu?

  So painful.

• 15:04Lewis Howes?

  And you haven't improved.

• 15:05Vivian Tu?

  Yeah.

• 15:06Lewis Howes?

  That is painful. What do you think is the difference then between the two people who are watching or listening right now? Who are financially struggling? Let's say they're at zero or they're in debt, negative.

• 15:17Vivian Tu?

  Yeah.

• 15:18Lewis Howes?

  They're in their twenties or they're in their thirties and they're both at a similar standpoint around financial. Freedom, they don't have it.

• 15:26Vivian Tu?

  Yeah.

• 15:26Lewis Howes?

  And they're struggling.

• 15:27Vivian Tu?

  Yeah.

• 15:27Lewis Howes?

  What is the difference between the one person who goes out from this moment and over the next five to seven years creates a surplus of financial abundance for their lives? And the one that stays stuck and suffers over and over again for the next five to seven years? What is the difference between those two types of people? One who goes and creates financial freedom and the other who doesn't, where they both have the same starting point?

• 15:54Vivian Tu?

  One of them makes a plan.

• 15:55Lewis Howes?

  Hmm.

• 15:56Vivian Tu?

  And I think it's really that simple. Because the person who doesn't make a plan is going to one weekend be so motivated. They're going to try and like crash diet their finance, like financial life. And they are going to try and change a thousand things at once. They're going to get confused, they're going to get overwhelmed, and then they're going to put it back on the shelf and they're not going to look at it for another 12 months. Then they're going to be 12 months further behind. The person who actually makes the plan realizes that the changes that are needed are so vast, they cannot be accomplished in one weekend.

• 16:29Lewis Howes?

  Yeah.

• 16:29Vivian Tu?

  So they're going to say, okay, I have all these things that I need to fix about my life right now. I can only do two of them this weekend. So maybe they only do one of them, frankly, because they do the one and they get overwhelmed. But they say, all right, the second one is on my calendar for next Friday afternoon. After I'm wrapped with work, I'm going to just spend an extra 30 minutes at my desk. I'm going to figure this out. They're going to do that one little thing. They're going to have this plan. And this plan is actually going to change because we are not even comparing the person who doesn't make a plan and the plan that the other person makes today. We're comparing this person who's made a plan and in three months' time realizes their plan was off course and they're going to recalculating.

• 17:14Vivian Tu?

  And then three months later, it's going to be the GPS going recalculating. And then three months later, it's going to be recalculating. And all of a sudden, each of these little milestones of financial security instability, maybe they get a really, really solid savings base. Maybe they picked up a side hustle and said, I'm only going to do this for six months, but I am just going to break my back for six months. I am going to get an emergency fund.

• 17:36Lewis Howes?

  Hmm.

• 17:36Vivian Tu?

  Great. They get the emergency fund. Three months from now, they're like, oh, well, now that I have the emergency fund, I don't need this job anymore.

• 17:44Lewis Howes?

  Right.

• 17:44Vivian Tu?

  I can go get the right job, not the right now job. And they level up their career. Okay. Now that they've leveled up their career, they're like, wait. My company is actually going to match my 401k because my last, my last company didn't do that. Now suddenly they're getting free money coming in the door. Now they're going to, oh, well, now that I'm really starting to prepare for retirement, like I can actually be in a position to have a conversation about marrying this person that I'm so in love with. They're starting to look at rings. Now they're looking, okay, well, now that I have some retirement savings, I'm investing in those. I have a career I like. I've built this emergency fund. Let's start talking about a family. And it's each of these iterations. It is not the plan you make today that changes your life.

• 18:29Vivian Tu?

  It's the plan that you make every single time you change the plan.

• 18:33Lewis Howes?

  Hmm.

• 18:34Vivian Tu?

  And that iteration. This person who didn't make a plan is going to look in 10 years and this trajectory is going to look unfathomable. Because it is. You can't just, it, it's kind of like when, um, they tell these like rock climbers, like you can't just climb up the sheer cliff face. You have to kind of zigzag back and forth. You have to like get to a little stopping point. That is exactly what we're doing here. You cannot just go straight up. Unless there's some sort of elevator that can take you there and that is called generational wealth. And if you don't have it, you're kind of S O L at this point because you're either born with it or you're not. Unless you have an elevator, you are going to have to zig and zag. But everybody else looking out and zooming out from that picture is just going to see a straight line up.

• 19:17Lewis Howes?

  Yeah, for me, I feel like 15, 17 years ago, when I was broke on my sister's couch, I didn't understand money and I was afraid of it.

• 19:24Vivian Tu?

  Yeah.

• 19:24Lewis Howes?

  Talked about this.

• 19:24Vivian Tu?

  We talked about this on my podcast.

• 19:26Lewis Howes?

  And it was really scary to me. It was really daunting. And I felt like it was a language that I didn't even comprehend. I barely understood it. I understood the basic words and that was about it. But I couldn't speak with anyone who was fluent about money.

• 19:42Vivian Tu?

  Yeah.

• 19:43Lewis Howes?

  And it is taken, and I'm still 15, 17 years later. I guess I'm fluent in some ways, but now being married and having children, there's new levels of financial literacy that I'm still not educated in, that I still have to continue to invest and learn and, and figure out new game plans at this level for my future, based on where my life is at now. It's different from 10, 15 years ago and I'm constantly learning.

• 20:09Vivian Tu?

  Do you even recognize that guy?

• 20:11Lewis Howes?

  Gosh, it is so unrecognizable. I'm so grateful that I had a plan because you saying that? And I'm thinking about myself back then. I'm like, okay, I have lots of friends that were broke, just like me, just like me at 24, 25. Like, what are we doing?

• 20:25Vivian Tu?

  Which by the way, that's normal.

• 20:27Lewis Howes?

  Yeah, of course, it's normal. Like what 22 year old, 24 year old has money unless your parents gave it to you, you don't have it. And I wasn't educated on it. I didn't go to class that taught me about money or financial literacy. And so I felt very insecure, very, and just very dumb around money. And I started just seeking mentors, just people that knew a little bit more than me and started learning from them. I started reading books. I started, you know, I will teach you to be rich, Ramit Sethi's book, helped me get out of my college debt. And I started, okay, let me automate this process instead of paying the bills myself monthly. Let me like one step at a time, one month, one year at a time. And then I could look back and see how far I'd grown and what I'd accomplished and the inner peace that I gained from learning a little bit.

• 21:09Lewis Howes?

  And every year I feel like I'm constantly leveling up my game plan around money. And it gives me more peace and freedom internally, which hopefully continues to give me more external peace and freedom financially.

• 21:21Vivian Tu?

  Before we started this episode, you showed me a beautiful picture of your daughters. They look like little jelly beans. They're so small and cute and adorable. Imagine the man you will be when they are in high school.

• 21:32Lewis Howes?

  Oh gosh, I'm gonna be rocking and rolling right now because I'm, I'm just like, I feel like I'm so much farther ahead before they were born.

• 21:40Vivian Tu?

  Yeah.

• 21:40Lewis Howes?

  And I was in the NICU, one of my daughters was in the NICU for a few days. And I was in the NICU and there was probably an 18 or 19 year old couple in there who just had like a child as well. And I was talking with this guy, you know, just a young, he was either high school or maybe just out of high school. And I was talking to him, I was like, congrats dad. And their daughter was really premature. And I was just looking at, he was, he was in one of those shoes that the younger generation wears. They're not like Crocs.

• 22:09Vivian Tu?

  Yeah, they're Crocs.

• 22:09Lewis Howes?

  Yeah, I'm like, he's wearing, he's wearing Crocs. He was like bedazzled, right? And it looks like my nephew, it looks like my nephew, right? Like, just out of high school. And I'm like, you're like my nephew right now, who's just out of high school, who has no clue what's happening in life, like the nicest kid, but doesn't know anything about money, doesn't know how to take care of himself, really. Doesn't know how to like, he's just figuring out life. Like I was at 20, 22, and I'm like, this kid is having a child right now? And, and he seemed like so excited to be a dad. He's like, I'm gonna do everything I can for my baby girl. But this kid didn't have any financial literacy. He was coming from a few hours away in a smaller town in California. And I could tell he didn't come from a lot of money.

• 22:54Vivian Tu?

  Yeah.

• 22:54Lewis Howes?

  He didn't have a lot of money and he was a child. And I was like, if I had a kid at 18, 19, I would be screwed. In terms of like, I wouldn't have been able to set my kids up.

• 23:05Vivian Tu?

  In the way that you want now.

• 23:06Lewis Howes?

  The way that I want to now, and the way that I could now and can now. Hopefully, if I stay healthy and things go well. I have more literacy around finances. I have a better emotional relationship with money. And I feel like I have set my life up in place to be more organized with a game plan. Like you said, to structure my life for the next 20, 30, 50 years, to have financial peace. Maybe I'm not going to be this billionaire or something, but I'm going to be financially free as long as I don't do anything stupid or mess something up or who knows, whatever. But I have a game plan.

• 23:40Vivian Tu?

  I think we should also have a conversation around like how having the billion dollars should not be your end goal.

• 23:45Lewis Howes?

  No.

• 23:46Vivian Tu?

  By the way.

• 23:46Lewis Howes?

  It's not my dream.

• 23:47Vivian Tu?

  It's not.

• 23:48Lewis Howes?

  If it happens, cool.

• 23:49Vivian Tu?

  Can I, I feel like I cannot state this enough, but like. Having a lot of money does not make you rich. Actually, you can have a lot of money and be incredibly poor. Because if one, you can't bring anything else to the table. You're incredibly poor person. But two, if you don't know what is enough. You'll never get there.

• 24:11Lewis Howes?

  Yes.

• 24:11Vivian Tu?

  You'll never be satisfied.

• 24:12Lewis Howes?

  Gosh.

• 24:13Vivian Tu?

  If you can never be satisfied, you're forever going to be the poorest man on earth.

• 24:16Lewis Howes?

  Yeah, you're not rich. You're not living a rich life. And there's one thing to be said for like, okay, I want to continue to grow and contribute and and bring value to myself and others. And I'm doing it for the game of like, building a number or something or building a business. But if you don't feel enough and you have to keep making more money to fulfill something, you're a poor person.

• 24:36Vivian Tu?

  Yeah.

• 24:36Lewis Howes?

  It's like you've got some wound inside of you.

• 24:38Vivian Tu?

  Exactly.

• 24:39Lewis Howes?

  That is.

• 24:39Vivian Tu?

  We talked about these money wounds.

• 24:40Lewis Howes?

  Exactly. So I was looking at a video actually recently. I'm getting fed like baby content, like all my social media feed.

• 24:47Vivian Tu?

  They know you just had a baby.

• 24:48Lewis Howes?

  Oh, yeah, yeah. You talk, you say babies and it's just like, that's all you see. And I was just watching a video of a dad putting his face up to like his child. And they were like both smiling and laughing. And he just put, I'm a rich man. And I get the chills thinking about that because it's like, gosh, he is a rich man. He's got this like beautiful connection with his child. And who knows if he has money or not, but in that moment, he felt like the richest man in the world.

• 25:15Vivian Tu?

  Yeah.

• 25:16Lewis Howes?

  And I think there's a lot of wealthy people that don't have good relationships with their family, with their friends, with their teams, whatever it might be. And I've seen kind of some some wiser men who are, you know, decades older than me. Talk about the the definition of success for them who are wealthier. In their sixties, seventies and eighties is having great relationships with their adult kids.

• 25:42Vivian Tu?

  Yeah.

• 25:43Lewis Howes?

  They're like, that is wealth.

• 25:44Vivian Tu?

  Yeah.

• 25:45Lewis Howes?

  That is success at this stage, not having more money.

• 25:48Vivian Tu?

  Nope.

• 25:49Lewis Howes?

  You can't take the money with you.

• 25:50Vivian Tu?

  No. You want two working hips and two working knees and, you know, kids that call you when they need something.

• 25:56Lewis Howes?

  That's it. That is wealth.

• 25:58Vivian Tu?

  Yeah.

• 25:58Lewis Howes?

  And help. That's amazing.

• 26:01Lewis Howes?

  So the game plan then. How does someone, what are the first three steps someone should take if they're financially poor in this moment to set themselves up by the end of 2026, they feel like they have a lot more peace.

• 26:15Vivian Tu?

  Yeah.

• 26:16Lewis Howes?

  Because of the actions they've taken with this three step game plan over the next year. What would that be for you?

• 26:22Vivian Tu?

  I would actually say, one, figure out a goal that right now maybe seems a little delusional, but a goal that you want to get to. This goal has to be smart. So it's specific, measurable, actionable, realistic, and time bound. So I think it's really, really important that we set our goals, not in a, oh, I want to have $10 million by the end of the year. It's like, okay, no, no, no.

• 26:50Lewis Howes?

  10,000 might be a better goal.

• 26:52Vivian Tu?

  Like, I want.

• 26:53Lewis Howes?

  Thousand dollars.

• 26:53Vivian Tu?

  Like, I want to have this much money from doing this by this time for this reason. Give it, make sure it's clear. Having that clarity of the goal, that is step number one, because you always have to have a target. You can't just shoot in the dark, right? You have to have a target. Two, I would sit down and list out your strengths and weaknesses that'll actually help you get to and hold you back from that goal. So it's like, oh, your strength is that you are actually really, really good at saving money. You don't like to spend money. But your weakness is that you are absolutely terrified to part with cash from your bank

• 27:36Vivian Tu?

  account. You hold everything in a checking account. You want to see it at all times.

• 27:40Lewis Howes?

  So it's losing value.

• 27:41Vivian Tu?

  It's losing value. You've got to invest. So write down all your strengths and weaknesses that might help you or hurt you from getting to that goal. And the third, you already mentioned this a little earlier, get a mentor. My mentor at JP Morgan changed my life.

• 27:57Lewis Howes?

  Really?

• 27:58Vivian Tu?

  When I started working there, she was my manager and she was my intern sponsor the prior summer. But I looked around and it was 40 white guys in suits. And they all came from one of two backgrounds. Either they were likely from very, very affluent families where Uncle Roger also worked on Wall Street and was like a wink, wink, nudge, nudge, got, you know, whoever on the desk. Or they went to an Ivy League institution, played football, lacrosse, you know, basketball, whatever. They were all athletes from these really, really elite universities because Wall Street loves to recruit athletes. It helps with like a team morale and you know,

• 28:39Vivian Tu?

  workplace environment. I looked around and I'm like, well, I don't have a rich Uncle Roger. I did not play a collegiate sport and I'm not a man. So just to state the obvious, I was like, who the hell am I going to relate to? There was one woman. She also happened to be an Asian woman and she was everything I wanted to be. She walked into work, click clacked her heels, like Gucci stilettos on the marble floor, flung a new Chanel bag on the desk every single day.

• 29:17Lewis Howes?

  Wow.

• 29:19Vivian Tu?

  I went to her apartment and it was the first person I'd ever seen own like own real estate in New York City. And I knew she was really rich because she could afford a dog. She had a dog in New York City.

• 29:30Lewis Howes?

  You got dog sitters and dog walkers.

• 29:32Vivian Tu?

  Yeah. Her dog ate like a human grade food and like, yeah, it was like crazy.

• 29:37Lewis Howes?

  Five hundred dollars a month in food for the dog.

• 29:39Vivian Tu?

  Correct. And I looked to her for everything. Whether it was, hey, I don't even know what health insurance I want or what to invest in. Or frankly, I would call her and be like, I really like this boy. He still hasn't texted me back. And she would be like, have some self-respect. And she gave me so much financial wisdom. And I talk about her all the time. But like, what I think people don't realize is like, how much of an impact she actually had on my life, not just my finances. Like, we're friends. And I went to her apartment one weekend and she was cleaning out her closet.

• 30:20Vivian Tu?

  And she was just, you know, putting stuff in certain bags to give away. And she get, I will never forget this. She gifted me a pair of YSL heels, unworn. They were a little too big, or I can't remember if they were a little too big or a little too small.

• 30:38Lewis Howes?

  Thousand dollar heels or something?

• 30:39Vivian Tu?

  Yeah, they were like a thousand dollar heels. They were black leather, gold toe. I so.

• 30:45Lewis Howes?

  We still have them today.

• 30:46Vivian Tu?

  I do, by the way. They're, and I was like so shell shocked that she would give these to me. Because she could easily have sold them for $700, $600 on some secondary website.

• 30:58Lewis Howes?

  It's too much time. She's like, here you go.

• 31:00Vivian Tu?

  It's not the time. Cause she had other clothes going into bags that were going out to.

• 31:04Lewis Howes?

  She was gonna sell.

• 31:05Vivian Tu?

  She was gonna, she was gonna like, you know, send to a service that would sell them for her and they would take a cut and whatever. But I asked her, I was like, why are you giving these to me? And she said, I think every young woman needs a pair of heels that helps her stand a little taller.

• 31:24Lewis Howes?

  Ooh.

• 31:24Vivian Tu?

  And makes her feel just like a little bit bigger, a little bit better. And she was the big sister I always wanted.

• 31:34Lewis Howes?

  That's cool.

• 31:35Vivian Tu?

  And she guided me in so many ways, helped me avoid pitfalls. She is the reason I didn't adopt a dog when I was 22. Because she was like.

• 31:44Lewis Howes?

  Takes so much time.

• 31:44Vivian Tu?

  She was like, don't do it. Don't do it.

• 31:46Lewis Howes?

  So much time.

• 31:46Vivian Tu?

  She told me, she was like, you're, it's gonna ruin your social life. You will not have time. You will be picking up poop. And I was like, really? You got one? She's like, don't do what I did. Listen to what I'm saying.

• 31:55Lewis Howes?

  Yeah.

• 31:55Vivian Tu?

  And I avoided a lot of potholes because of her. And so make a goal.

• 32:01Lewis Howes?

  Hmm.

• 32:01Vivian Tu?

  Know your strengths and weaknesses and find a mentor who can help guide you there.

• 32:04Lewis Howes?

  That's beautiful. What is the greatest lesson your mentor taught you about money? And the greatest lesson that she didn't teach you, but she observed in her?

• 32:15Vivian Tu?

  You know, I think it really comes down to how she treated people.

• 32:23Vivian Tu?

  So she comes from like a pretty working class family background, like parents are in a restaurant. And I would see how she treated staff and she was so kind, always, you know, huge tipper, what have you. Like would hand the bartender a twenty before she ordered and that wouldn't even be the tip. That was just to get his attention. And she was so kind to people who, and frankly, to people who like didn't have really much to offer her. And I think that taught me that like

• 32:56Lewis Howes?

  That's cool.

• 32:56Vivian Tu?

  No one is ever beneath you. You are never above anybody. But two, seeing how kind she was to all of these people. We went to one restaurant one time and the food was very bad. And she told the staff, she was like, this shrimp tastes like it's been soaked in something because it wasn't fresh and this is not edible. And they were like, we're so sorry, da, da, da, like we can do this. And she's like, I don't want anything. I don't want it comped. I don't want anything. I'm happy to pay for it. I want you to know. And I was like, are you sure we don't want this comped? By the way, like I would like to get something comped. Free dessert, anything. Um, you know, I was broke. I, you know, I would take anything free whenever I could.

• 33:42Vivian Tu?

  But I saw how she lived her life with a certain set of principles that she wasn't going to bend. And it made me live my life with a certain set of principles that I was never, ever going to bend. And it's made me a better person.

• 33:54Lewis Howes?

  If you didn't have her as a mentor or a mentor in general, where do you think you would be personally in your life and financially?

• 34:01Vivian Tu?

  Personally? I mean, I don't even know because she's part of the reason why I stuck it out on Wall Street for those first couple of years because I was like, It's tough here, but she's gonna look out for me. And when she was no longer my manager, I left. That's what ended up happening. And I certainly wouldn't have been in a position to get the media job I got had I left earlier. And she was actually the person who got me that job. Because it was through her network, her connection. Financially, I would certainly be worse off. Guarantee you. Because she taught me so many things that she made mistakes on, that I didn't have to eat. Like, I didn't have to eat shit.

• 34:39Lewis Howes?

  Yeah, for three years, she didn't make those mistakes.

• 34:41Vivian Tu?

  I didn't have to eat shit, because she already tasted it. And she knew it was bad.

• 34:44Lewis Howes?

  Wow.

• 34:44Vivian Tu?

  And she was like, don't do this, don't do that. Oh, by the way, when you are thinking of final, and this is, you know, years and years later, this is actually very recently, when I bought my place in New York City, I was like, who's your mortgage guy? We talked to her mortgage guy.

• 35:01Lewis Howes?

  Wow, who probably got you a better deal, or?

• 35:02Vivian Tu?

  We got the better deal through him.

• 35:04Lewis Howes?

  Yeah, interesting.

• 35:05Vivian Tu?

  So, I know for a fact I'd be financially worse off, but I think personally, like, she really changed the trajectory of my life. And, I mean, my mom told her that at my wedding, which is crazy. Yeah.

• 35:18Lewis Howes?

  Speaking of your parents, did I read that you used to do like, translating for your parents when you were younger, with like money conversations, and like negotiations?

• 35:27Vivian Tu?

  Hi, this is Amy too. Definitely not her daughter. Um, can I talk to the claims adjuster? Yeah.

• 35:33Lewis Howes?

  Wow.

• 35:34Vivian Tu?

  Because even as a teeny tiny pipsqueak child with my child voice, I spoke native English. And my parents, even to this day, speak English that is very clearly, you know, riddled with an accent.

• 35:48Lewis Howes?

  Yeah.

• 35:49Vivian Tu?

  And I have seen my parents, and I don't want to get emotional about this, but I've seen them face so much adversity, or be written off because of what they sound like on the phone, or what they may look like. And they came to this country with a dream, and they gave up all of their hopes. To be able to funnel all of their ambition into me.

• 36:21Lewis Howes?

  Hmm.

• 36:22Vivian Tu?

  And so.

• 36:23Lewis Howes?

  Your only child?

• 36:24Vivian Tu?

  I'm an only child. No pressure.

• 36:26Lewis Howes?

  No pressure.

• 36:26Vivian Tu?

  No pressure. Um, your girls are lucky in that way.

• 36:30Lewis Howes?

  Wow.

• 36:30Vivian Tu?

  Um, but like, I feel like I saw how often they were scoffed at or taken advantage of. And it made me sick.

• 36:41Lewis Howes?

  Hmm.

• 36:42Vivian Tu?

  Because I was born here.

• 36:44Lewis Howes?

  Yeah.

• 36:44Vivian Tu?

  I'm not here to survive. I have a sense of entitlement and I don't think that's a bad thing. I am entitled to a good life. I am a strong believer that only good things happen to girls like me.

• 36:59Lewis Howes?

  Hmm.

• 36:59Vivian Tu?

  And I say that boldly and proudly every single morning in the mirror. I'm like, bad things like this don't happen to girls like me. And people are always like laughing on my teams. They're like, that's like literally a delusional thing to say.

• 37:08Lewis Howes?

  That's why you are where you are.

• 37:10Vivian Tu?

  But it, but I think it's.

• 37:11Lewis Howes?

  Delusional.

• 37:12Vivian Tu?

  I am a little delusional.

• 37:13Lewis Howes?

  And that's why you are where you are. Cause you believe it.

• 37:15Vivian Tu?

  I believe it. I truly do believe it, but I believe that I am entitled to thrive in this country, looking the way.

• 37:22Lewis Howes?

  Frickin' go, Vivian.

• 37:23Vivian Tu?

  I am entitled to thrive in this country, looking the way I look, however I sound. In a way that my parents never felt that they were entitled to. And maybe in part, they were truly discriminated against, whatever. But I think a lot of it was also self, you know, a self fulfilling prophecy.

• 37:40Lewis Howes?

  Mm hmm.

• 37:41Vivian Tu?

  In that because my parents were like, oh, well, my English is not good. I'm not going to ask for a raise. Even if my mom was the star chemist at her pharmaceutical lab, or my dad was like, oh, I should just be happy to have a job. I don't want to rock the boat. Not rocking the boat is a big immigrant thing. You don't want to like make waves. But like, my dad was also incredibly hardworking and very talented. And so I took their two hearts worth of ambition. And jammed it into everything I do now. So I am of the mindset that everything I do needs to be compensated. My time is incredibly valuable. And if you are not with the program.

• 38:24Vivian Tu?

  You can.

• 38:25Lewis Howes?

  Yeah, I'm not with you.

• 38:26Vivian Tu?

  I'm not with you.

• 38:27Lewis Howes?

  Yeah, yeah. We don't have to work together and that's okay.

• 38:29Vivian Tu?

  I think I have been given this confidence because of many of the sacrifices they made.

• 38:34Lewis Howes?

  Did your parents give you this confidence or did you see, I guess, I don't know what to call it, their lack of confidence or their insecurity around being immigrants here where you said, I need to go claim this now because I was born here?

• 38:46Vivian Tu?

  I think it was a side effect of having to grow up really fast. Like I was a latchkey kid, probably much sooner than it is legal. I'm old now, so please don't arrest my parents. But like, I was a latchkey kid far sooner than, you know, I was supposed to be because my parents couldn't afford childcare and also both had to work.

• 39:06Lewis Howes?

  Yeah.

• 39:07Vivian Tu?

  I was the one reading over my mom and dad's resumes when they would apply for jobs.

• 39:13Lewis Howes?

  How old were you during this time?

• 39:14Vivian Tu?

  Young, like late elementary, early middle.

• 39:16Lewis Howes?

  Wow.

• 39:18Vivian Tu?

  I would, I remember reading over my mom's reports, like her mid-year review and end of year reviews on herself and rewriting them.

• 39:27Lewis Howes?

  Wow.

• 39:28Vivian Tu?

  And I feel very lucky. Both of my parents are incredibly smart. I have been given many talents and, and gifts when it comes to learning. I learned very quickly. I was always at the top of my class, you know, graduated high school valedictorian, the University of Chicago, graduated with honors. I was always more academically mature. So I was able to help my mom get away with some stuff. And these days she doesn't even need my help. I mean, they're both retired now, but like as they got more comfortable and they saw my writing, they would start to be able to copy and paste here and there, here and there. But like, I had to grow up really quickly.

• 40:07Vivian Tu?

  Like I was coming home to do my homework very like swiftly. We would eat dinner and then my mom would be like, can you help me with something? And I remember the first couple of times I would, I did it so begrudgingly because I was like, oh, this is like extra homework. Other kids don't have to do this. And. I was right, but other kids didn't have parents who would make that kind of sacrifice and leave the country and the language and everything that they know to hopefully give you a better future. So.

• 40:36Lewis Howes?

  Wow. How many languages do you speak?

• 40:37Vivian Tu?

  So I speak Shanghainese fluently.

• 40:40Lewis Howes?

  What is that?

• 40:40Vivian Tu?

  So, okay, basically, my family is from Shanghai and Chinese is largely broken down into Mandarin and Cantonese. It is a dialect of Mandarin, but it is so vastly different from Mandarin that I do not fully understand and speak Mandarin at a fluent level.

• 40:55Lewis Howes?

  Wow. You can understand some of it.

• 40:57Vivian Tu?

  I can, I can. And my understanding is better than my speaking Mandarin, but like at home, we speak Shanghainese.

• 41:03Lewis Howes?

  Wow.

• 41:04Vivian Tu?

  And it's a dying language, unfortunately, because they're no longer teaching it in

• 41:08Vivian Tu?

  Shanghai like schools because they want everybody to have one uniform language.

• 41:13Lewis Howes?

  Mandarin versus Chinese is.

• 41:15Vivian Tu?

  Just like Mandarin, like they want everybody to speak Mandarin.

• 41:17Lewis Howes?

  Wow.

• 41:17Vivian Tu?

  Yeah.

• 41:18Lewis Howes?

  So who speaks it now?

• 41:20Vivian Tu?

  Like when I went back to Shanghai at in 2019, only people over the age of like 50.

• 41:25Lewis Howes?

  Really?

• 41:26Vivian Tu?

  Yeah.

• 41:26Lewis Howes?

  So you can't really.

• 41:27Vivian Tu?

  Like I could talk to all of the aunties and uncles. I could talk to the old people, but the young people, I would be like asking them for directions and be like, we don't know your.

• 41:35Lewis Howes?

  Really?

• 41:35Vivian Tu?

  Yeah.

• 41:36Lewis Howes?

  So you're like an outsider there?

• 41:38Vivian Tu?

  No, not quite, because all of the like senior citizens are like.

• 41:43Lewis Howes?

  They love you.

• 41:43Vivian Tu?

  They're all so pleasantly surprised that someone who like looks like me and is very clearly American can speak Shanghainese this way.

• 41:50Lewis Howes?

  That's cool.

• 41:50Vivian Tu?

  But I had an easier time asking like, you know, this old uncle, like, I was like, is the food good at this restaurant? And he's like, the food is the food. I'm like, damn, why are you in such a bad mood? And his wife laughed that I could say that in Shanghainese.

• 42:04Lewis Howes?

  It's funny.

• 42:05Vivian Tu?

  And she actually answered and you know, we, we had a nice little chat. He was just like a curmudgeonly old man, but like to even be able to have that interaction like is strange because the older generation, they typically largely speak Shanghainese only.

• 42:18Lewis Howes?

  Wow.

• 42:19Vivian Tu?

  Yeah.

• 42:19Lewis Howes?

  Interesting.

• 42:22Lewis Howes?

  You mentioned this kind of entitlement mindset.

• 42:25Vivian Tu?

  Yeah.

• 42:25Lewis Howes?

  You're like, I feel, what is, what do you say in the morning when you wake up? You say.

• 42:29Vivian Tu?

  Only good things happen to girls like me.

• 42:30Lewis Howes?

  Uh huh. And you mentioned also like, and I love this about you. And I really want people to understand what's underneath this because I truly believe the difference between you setting a goal and a plan for yourself and actually accomplishing it is your mindset and your belief that you are capable of accomplishing it and you are entitled to accomplish it, not just because you were born here, but because you're willing to do the work and take the actions to go through the growing pains to make that accomplishment happen. And there's a belief underneath it where a lot of people might say, okay, I have this game plan, but they don't believe that they, that luck comes to them. They don't believe they're worthy and deserving of having financial peace or creating more growth in their life. They don't believe it fully.

• 43:14Lewis Howes?

  And by you saying it over and over to yourself every morning or every time you're in a team meeting, that what is it, what is it, what is it saying in good things happen to girls like me?

• 43:22Vivian Tu?

  Only good things happen to girls like me.

• 43:24Lewis Howes?

  Only good things happen to girls like me. Right? It's like you saying that over and over again. Maybe you didn't believe in the beginning, but you started to really train yourself and then find evidence of, look, good things.

• 43:35Vivian Tu?

  I was right.

• 43:35Lewis Howes?

  I was right. Good things happened to me today. And then the next day.

• 43:38Vivian Tu?

  Yeah.

• 43:38Lewis Howes?

  And it's just a reaffirming mindset. And I think a lot of people don't have that mindset.

• 43:43Vivian Tu?

  Can I tell you something I said to my mom that like literally shook her to her core?

• 43:47Lewis Howes?

  Tell me.

• 43:48Vivian Tu?

  There was one exam, I think this was like seventh grade and it was biology. We were all, it was like bio class now. And it was a very, very hard test and I ended up getting a very bad grade on it. And I went home and I showed my mom, my mom was obviously disappointed. She was like annoyed with me. She was like, why didn't you study harder? Da, da, da, da. And she asked me a question, I don't know what compelled her to ask me that. She goes, well, did it ever occur to you when you were taking this test that you didn't know the answers, when you didn't know the answers, like to just like cheat off of someone else? And I looked her straight in the eye and I said, Well, why would I cheat off of someone else? They're not smarter than me.

• 44:29Lewis Howes?

  Hmm.

• 44:30Vivian Tu?

  And she was like, where did this confidence come from? But I think it's this belief that like, not that I'm actually smarter than other people, but like I've outworked everybody, I feel in my life. Like, people don't want it as much, but I do. I remember there, like, when I first started creating social media content, there were other people who had larger followings, more, you know, locked in communities. They were making content and so many of them have stopped. Why? Because content takes time to make. Ideation is a slog. You are on a hamster wheel. But I feel like I have a higher pain tolerance than other people. I'm willing to work harder. I'm willing to work for longer, for harder.

• 45:13Vivian Tu?

  And I will put in the elbow grease if I know it's going to pay off. And I deeply believe that it does because everything in my life has shown me that the harder I work, the better outcome I get.

• 45:26Lewis Howes?

  Yes.

• 45:26Vivian Tu?

  And because I proved it to myself, I keep believing.

• 45:29Lewis Howes?

  Keep doing it too. Keep believing it and you keep acting on it. I love that. What would you say is the one financial habit that separates the lower or middle class from the upper class?

• 45:40Vivian Tu?

  Buying liabilities versus assets. To put it simply, I feel like the lower middle class buys stuff. They buy stuff that loses value over time or costs them money. And they do it to look rich. But the really wealthy people, they will buy a fugly duplex in some no name town. And then they will flip it. They will make it nice. They'll rent it out. Now they have an income generating thing. They're not buying stuff. This isn't the Gucci sweater. This is something that makes you money.

• 46:19Lewis Howes?

  Yeah.

• 46:20Vivian Tu?

  And rich people love to use this strategy. It's called buy, borrow, die. So they buy these assets.

• 46:25Lewis Howes?

  Do you like this strategy?

• 46:27Vivian Tu?

  Do I like it? I think it's smart. Do I think it's ethical? No, but I also don't think it is. On them to not use this strategy. I think it is on our legislators to make certain loopholes less easy to exploit.

• 46:44Lewis Howes?

  Ah.

• 46:44Vivian Tu?

  Because I feel like whatever system currently exists, everyone should be using it to the best of their ability to get what they want out of life.

• 46:50Lewis Howes?

  Yes.

• 46:51Vivian Tu?

  That is the only thing I can say.

• 46:53Lewis Howes?

  So what is this strategy that the wealthy do different than?

• 46:55Vivian Tu?

  So it's called buy, borrow, die. So regular people, they buy stuff and they buy, if they're lucky, seventy five years of stuff. And then they're like, ah, it's stuff. Cool. You still like that stuff? Probably not. Rich people, they go buy that shit. The duplex I told you about, it's ugly. And they buy, you know, something not that exciting, maybe a full portfolio of index funds. Nothing, nothing that they can show on their Instagram. Okay, but they buy these assets. And what people don't realize is that the folks at the bottom, they work really, really hard to buy stuff. But before they can buy that stuff, the government takes a huge cut because that is income, that is earned income.

• 47:40Vivian Tu?

  So, you know, if you're in the top tax bracket, that's like thirty some percent effective, net effective. And then you probably have to pay state and local income taxes too. Average person, even so, you're still probably giving up about a third of it. Then you go buy your stuff. Rich people, they know that they are going to buy these assets, all right? And this is with money that they did have to pay that tax on, but they want to stop paying that tax as soon as possible. So what they do is they then build this asset portfolio that is monstrous. And then they borrow against it because guess what? Even if they sold some of their equities or their stocks, the max tax they would ever have to pay on it is twenty. So you're already doing better than the third.

• 48:22Vivian Tu?

  But they're not even going to sell it. They are going to borrow against it because guess what? Debt is not counted as income. You don't get taxed on debt you take out. They use that debt and then they live their life. They get to do their fun things and they oftentimes get interest only loans. So they're very small payments that you actually have to make back. You just keep the loan outstanding.

• 48:43Vivian Tu?

  They have more and more assets, their assets continue to grow in value, the bank continues to lend them at a very, very low interest rate because they're so rich. And then the dying part, very key, okay? They have-

• 48:55Lewis Howes?

  When you die, what happens?

• 48:56Vivian Tu?

  When you die, this is why, we talk about this in my book, Well Endowed. The estate plan is so, so key because what they do is they have this trust, okay? So this trust holds all the assets and then that trust passes those things, those amazing money-making things, down to the next generation.

• 49:19Lewis Howes?

  Tax-free?

• 49:20Vivian Tu?

  Here's how it works. It is inherited at something called a stepped up basis, okay? So if you are my dad, okay? You buy something for $10. It appreciates, appreciates to $1,000. You give it to me during your lifetime and I sell it. The gain on that sale is $990 and I have to pay taxes on that $990. But-

• 49:48Lewis Howes?

  If I give it to you when I die?

• 49:50Vivian Tu?

  If you are already dead-

• 49:51Lewis Howes?

  Yeah, and then you inherit it.

• 49:52Vivian Tu?

  And then I get it, the asset gets remarked to market.

• 49:56Lewis Howes?

  What's that mean?

• 49:57Vivian Tu?

  So, the cost that I bought it at is a thousand. So it's not the 10 that you actually bought it at. My purchase price is a thousand. So if I buy it at a thousand, because I inherited it from you at a thousand, and then I immediately sell it, what is the gain on that? Nothing. It looks like I made no money.

• 50:19Lewis Howes?

  Wow.

• 50:20Vivian Tu?

  I don't pay taxes on it, I pay off my Papa's estate debt.

• 50:24Lewis Howes?

  Debt.

• 50:25Vivian Tu?

  It all gets done. And then I have this money, I have these assets that make money, and I'm going to borrow against them because I am your very, very rich daughter and I've learned these things because the generational wealth is the generational knowledge.

• 50:39Lewis Howes?

  Say that again?

• 50:40Vivian Tu?

  The generational wealth is the generational knowledge.

• 50:42Lewis Howes?

  Wow. What is, I mean, so that's all about bidding a trust then, that, and assets that are in that trust and then borrowing against it and never selling your assets?

• 50:53Vivian Tu?

  Why would I sell my assets? I can take a loan.

• 50:55Lewis Howes?

  Right.

• 50:55Vivian Tu?

  I love loans. I love debt. Rich people love debt. It's crazy.

• 50:59Lewis Howes?

  But I think, isn't there something around debt that scares a lot of people too? That they have to always, and what if, what if there is a crash and you have to actually pay off all that debt at one point? And you don't have the money, then what? There's a fear around this anxiety of like, I've got all this debt and these payments, can I pay them off?

• 51:14Vivian Tu?

  That's why there's diversification, because I'm not just holding an equities portfolio. I've got maybe some crypto in there. I've got maybe a real estate portfolio in there. I've got collectible art. I've got all of this other stuff in there. And these markets are more often than not indirectly correlated. When there is a market crash, oftentimes you'll see certain things of tangible value go up. So things like gold, cryptocurrencies considered more like, you know, decentralized. So that actually performs better when the market's not doing as well. Collectibles of like rare art, jewelry.

• 51:54Lewis Howes?

  Cards.

• 51:54Vivian Tu?

  Car, exactly. Those all do well when the market is down. So when one is down, the other is up. When others up, the other's down. But your portfolio over time continues to balloon.

• 52:05Lewis Howes?

  And you're not buying stuff, you're buying assets.

• 52:07Vivian Tu?

  Assets.

• 52:08Lewis Howes?

  Wow.

• 52:09Vivian Tu?

  Stuff and assets are very different. Stuff is the baseline model of like, you know, classic, original recipe Birkin bag. Okay?

• 52:20Vivian Tu?

  So many people have them. You can literally find stores with four dozen of them in Japan on the secondary market.

• 52:25Lewis Howes?

  Yeah.

• 52:26Vivian Tu?

  Not special. What is an asset?

• 52:28Lewis Howes?

  Something special.

• 52:29Vivian Tu?

  An asset is the Tiffany blue. Like, I can't even remember if it was the Patek Philippe or the, you know, Audemars Piguet like watch. I'm not a watch person. I'm not fancy enough to know all this, but like, they made like eight of them. There's only eight of them in the world. You're going to tell me those are going to go down in value?

• 52:48Lewis Howes?

  Right.

• 52:49Vivian Tu?

  You're going to tell me that's not the holy grail for every big watch collector on earth?

• 52:52Lewis Howes?

  Yeah. So you got married about two years ago or last year?

• 52:57Vivian Tu?

  We got married a little over a year ago.

• 52:58Lewis Howes?

  A little over a year ago.

• 53:01Lewis Howes?

  What are, what are a few things that you learned about money after getting married that you wish you knew before?

• 53:07Vivian Tu?

  Specifically, I would say about the wedding process is.

• 53:10Lewis Howes?

  It's way more expensive than you think.

• 53:11Vivian Tu?

  It's way more expensive than you think. I went, I was like nearly three X my budget.

• 53:15Lewis Howes?

  Oh, yeah.

• 53:16Vivian Tu?

  I was like, what the hell? And it's, you know, I don't know if you've watched Legally Blonde.

• 53:20Lewis Howes?

  The movie?

• 53:21Vivian Tu?

  Yeah.

• 53:21Lewis Howes?

  I mean, it was like 20 years ago, right?

• 53:23Vivian Tu?

  Yeah, yeah, yeah. Okay.

• 53:23Lewis Howes?

  Of course, yeah.

• 53:24Vivian Tu?

  So there's this scene where the

• 53:26Lewis Howes?

  Reese Witherspoon?

• 53:27Vivian Tu?

  Reese Witherspoon is defending this, you know, Pilates, or like, she's like a workout instructor in court. And she was like, I need an alibi. What were you doing that day? And she's like, I was getting liposuction.

• 53:37Lewis Howes?

  Right.

• 53:38Vivian Tu?

  And she's like, liposuction! And I feel like that when I talk about wedding budgeting, because I feel like such a fraud. Because I tell everyone like, oh, set a budget. Then I set a budget and I went past it. I blew past it twice. And I think the frustration is, is that like, we realize that money is so much more emotional than we even gave it credit for. Like, my husband and I have never fought about money. Because we have had an open line of communication about our finances so very early on. I lived in a roach-infested apartment. I had to tell him how much I was making because I had to move out. I had to break my lease. I didn't have any money. Long story short, we talked about money probably 30 days into dating each other. Like, from first date to 30 days in, I told him everything.

• 54:19Lewis Howes?

  That's great.

• 54:20Vivian Tu?

  We've never ever fought about money.

• 54:21Lewis Howes?

  Wow.

• 54:22Vivian Tu?

  But during the wedding planning process and agreeing to stuff, there were some tense moments, I will say. Because I think for him,

• 54:37Vivian Tu?

  our wedding was like a climax moment to maybe show the world

• 54:46Vivian Tu?

  what he had accomplished. And for me,

• 54:52Vivian Tu?

  I don't know if I needed that. But I think there's a lot more ways for women to flex than there are men.

• 54:58Lewis Howes?

  Sure.

• 54:59Vivian Tu?

  So like, if you actually think about it, right? Like, women, we can buy shoes, we can buy bags, we can buy clothes, we can, you know, do our hair nice, we can do our makeup. What is like something that men flex with?

• 55:08Lewis Howes?

  Maybe a car or a watch.

• 55:09Vivian Tu?

  Maybe a car or a watch.

• 55:10Lewis Howes?

  Something like that, right?

• 55:10Vivian Tu?

  Right, exactly.

• 55:11Lewis Howes?

  I guess if you bought a house, maybe.

• 55:13Vivian Tu?

  You know what he tells me? He's like, well, I bought you a really big ring. And when I bring you around and people see how big your ring is, that is a flex for me.

• 55:19Lewis Howes?

  That's true.

• 55:19Vivian Tu?

  And so I think for him, there are so few moments in his life where he gets to celebrate. And so he wanted some big things.

• 55:28Lewis Howes?

  Yeah.

• 55:29Vivian Tu?

  Private fireworks, gotta pay a guy to go off on a little boat and like shoot stuff off. Like, that's very expensive.

• 55:34Lewis Howes?

  Yes.

• 55:34Vivian Tu?

  Like, this man is risking his life.

• 55:35Lewis Howes?

  Yes.

• 55:36Vivian Tu?

  And it is very expensive per minute that the fireworks are going off. They charge you by the minute.

• 55:40Lewis Howes?

  Yeah.

• 55:41Vivian Tu?

  They, he wanted, you know, the, the upper level food and the, like, ten-person band and the amazing quartet orchestra while he was walking with his mom down the aisle. He wanted all these things. And at a certain point, I was like, you are so wasteful. I can't believe you want this. Like, why, why, why, why? And it wasn't until I realized that, like, he had never been able to celebrate all of his accomplishments in the way that I had, that I finally realized it wasn't about the money. It wasn't about the wedding. It was about being able to say that, like, I'm in a position in my life that I never thought possible.

• 56:23Vivian Tu?

  I want to celebrate with somebody who I've committed my entire life to.

• 56:27Lewis Howes?

  Right.

• 56:30Vivian Tu?

  And in part, we want to make sure that it's a memorable experience for all of the people we're asking to come halfway across the world to Italy to.

• 56:37Lewis Howes?

  Sure.

• 56:38Vivian Tu?

  And it wasn't until he explained it to me like that, that I was like, okay, well, now I feel bad. Like, now I feel like the dirtbag. Yeah, exactly. So I think it's, you know, something that I give advice to everybody. And I say this in my book, when you are talking to your partner, one of the first conversations needs to be money.

• 56:57Lewis Howes?

  Yes.

• 56:57Vivian Tu?

  Date one.

• 56:58Lewis Howes?

  Yes.

• 56:59Vivian Tu?

  Date one.

• 56:59Lewis Howes?

  To know who you're getting into a relationship with.

• 57:01Vivian Tu?

  Correct.

• 57:03Lewis Howes?

  We talked about this before, but do you think every couple that is going to get married should get a, um, gosh, a prenup?

• 57:13Vivian Tu?

  Yeah, hell yeah.

• 57:14Lewis Howes?

  You think every couple should get a prenup? Why should women want a prenup and men want a prenup when getting married?

• 57:19Vivian Tu?

  Because, and I will give you the same answer, and it has not changed. And in fact, I feel even strongly, more strongly about it because now I have one.

• 57:26Lewis Howes?

  Mm-hmm.

• 57:27Vivian Tu?

  Do you trust the government? Yes or no?

• 57:30Lewis Howes?

  No, not fully.

• 57:31Vivian Tu?

  Right, right, right.

• 57:33Lewis Howes?

  I mean, maybe there's some things that are good, but other things I don't, yeah.

• 57:35Vivian Tu?

  I don't care if you're left, I don't care if you're right, I don't care if you're center.

• 57:38Lewis Howes?

  Yeah.

• 57:39Vivian Tu?

  You don't agree with everything our government does.

• 57:41Lewis Howes?

  True.

• 57:42Vivian Tu?

  Why would you let the government dictate how you and your partner?

• 57:48Vivian Tu?

  Go through the most challenging experience you will likely face together and then separate you two. Why?

• 57:55Lewis Howes?

  Mm hmm.

• 57:57Vivian Tu?

  All a prenup is, is not you saying, I don't trust my partner. It's saying, I don't trust the government. I want to sit down with my boo on a sunny day, on a day when we still really like each other. We are madly in love and talk about how will we make sure that we are kind and fair to each other in the worst case scenario?

• 58:19Lewis Howes?

  Gosh, but most women don't like thinking about divorce. They don't want to go into a conversation saying, why are we going to talk about divorce? I don't want to get divorced to you.

• 58:28Vivian Tu?

  I don't want to think about getting into a car wreck. Do you still have car insurance?

• 58:31Lewis Howes?

  Hundred percent.

• 58:32Vivian Tu?

  Yeah.

• 58:32Lewis Howes?

  But talking to a, a woman who's emotionally not thinking about getting a divorce, the emotions come out sometimes.

• 58:40Vivian Tu?

  But I think there are things that people aren't realizing. Being in a relationship is so much more expensive for a woman than a man.

• 58:46Lewis Howes?

  Hmm.

• 58:47Vivian Tu?

  Because more often than not, if you're the one having the child.

• 58:51Lewis Howes?

  Yeah, can't work for a while.

• 58:53Vivian Tu?

  You can't work for a while. And that's not just the amount of time off or whatever that you lose out on that income. It's that what that income could have compounded over the course of your lifetime. And there are things like, oh, well, you know, i- if I spend a decade of my life being the household CEO, I prefer that versus like a stay at home mom. Because you really are the CEO of the house.

• 59:17Lewis Howes?

  You are.

• 59:18Vivian Tu?

  You are the chef, the chauffeur, you are the maid, you are the person who is the project manager, you are doing.

• 59:23Lewis Howes?

  Teacher.

• 59:24Vivian Tu?

  Teacher, you're doing it all.

• 59:25Lewis Howes?

  Yeah.

• 59:25Vivian Tu?

  You really are doing it all. But if you're doing all of that unpaid labor, which by the way, the unpaid labor accounted for out of global society is in the trillions, we just don't really factor it in because most of the time it's done by women.

• 59:38Lewis Howes?

  Mm hmm.

• 59:38Vivian Tu?

  And we don't value their time, the same as we do men's. And so I would say, having a prenup where you have already agreed that you will get a mom's salary, so that you can have your own money. So even if you are a stay at home parent, you still have your own money because 99% of domestic violence cases include financial abuse.

• 59:59Lewis Howes?

  Interesting.

• 1:00:01Vivian Tu?

  It's important you have, you have your own money that is in your bank account. Nobody else's name is on it. Maybe you wanna ensure that you will have spousal support because you are giving up your career to perhaps move across the country to help support this person in their business. You wanna make sure that your children are taken care of. You wanna make sure that regardless of what happens, neither party should be left, you know, destitute and neither party should be left a robber baron, right? Like you are trying to come to an agreement that's fair.

• 1:00:31Lewis Howes?

  Yes.

• 1:00:32Vivian Tu?

  And that's really all it is. It's you want to be fair to your partner. Do you like your partner? Because if you like your partner, you're not trying to screw them over. And that's why we have this conversation and we do this process when you still like each other.

• 1:00:44Lewis Howes?

  I think it's so important. Me and my wife Martha went through that and I, I think I fell in love with her way more. Once we went through the whole process. One, you know, we were very open about everything, but it forces you to fully.

• 1:00:59Vivian Tu?

  Yeah.

• 1:00:59Lewis Howes?

  Share every.

• 1:01:00Vivian Tu?

  You have to get financially naked.

• 1:01:01Lewis Howes?

  Every banks, you know, that you have anywhere you have money or any assets. And there were a few things that we just forgot to share with each other. It's not like we were hiding from each other, but it's like, we really had to document everything. It gave me more financial clarity. I was like, oh, I'm actually organizing my stuff because I have stuff everywhere. It helped me. It helped her. And then we were able to look at things together. I was like, wow, you've actually made a lot of money. I was like, that's pretty good. You know, I was like, I was impressed. I was like.

• 1:01:27Vivian Tu?

  In particular, for your wife, who is a huge success, has a, you know, huge business, has multiple streams of income, taking on the role of a household CEO, even just to like, make herself uncomfortable for nine months. Let's be honest, like pregnancy, you're vomiting in the morning.

• 1:01:47Lewis Howes?

  It's a lot.

• 1:01:48Vivian Tu?

  You are twice the size that you normally are. Like she wasn't comfortable for nine months.

• 1:01:52Lewis Howes?

  Yeah.

• 1:01:53Vivian Tu?

  And I think that like, we have to acknowledge the value and the cost of that.

• 1:01:58Lewis Howes?

  Hundred percent.

• 1:01:58Vivian Tu?

  Because that is a huge contribution to your family.

• 1:02:01Lewis Howes?

  Hundred percent. My legacy, my love, everything, everything. And it's, and it's not just nine months and then you're back to normal.

• 1:02:07Vivian Tu?

  No.

• 1:02:08Lewis Howes?

  It's gonna take months for her to recover and heal and all these different things. I mean.

• 1:02:13Vivian Tu?

  People forget childbirth is also like a surgical procedure.

• 1:02:16Lewis Howes?

  It was, it was scary. Yeah, it was scary. I mean.

• 1:02:19Vivian Tu?

  Did you pass out?

• 1:02:20Lewis Howes?

  No, I was pretty good. That was pretty, I was in the zone. I was like athlete mode.

• 1:02:24Vivian Tu?

  Okay, I'm gonna ask her and see and get her opinion the next time I see her. It might be different.

• 1:02:29Lewis Howes?

  I think she'll say I was good. I mean, I was. It's crazy. I haven't talked about it yet, but it was, I mean, she went to the ER twice within the last month after giving birth.

• 1:02:37Vivian Tu?

  Yeah.

• 1:02:37Lewis Howes?

  And it was scary. I mean, it was like life or death scary. And she's now in a much better place and really recovering, but she still needs months of recovery.

• 1:02:48Vivian Tu?

  Of course.

• 1:02:49Lewis Howes?

  Where she's not able to go do normal working things, but it's a lot of women to be a mom.

• 1:02:55Vivian Tu?

  Yeah.

• 1:02:55Lewis Howes?

  And I think it's like a two year journey. I'm not saying you can't work, leading into pregnancy and being pregnant. You can still work, but it takes a lot more toll on your body, on your emotions, on your mindset. And I think we just have to be more aware of that with women. It's a lot.

• 1:03:10Vivian Tu?

  Yeah.

• 1:03:11Lewis Howes?

  Physically, emotionally, it is a lot. It's a lot on the guys too. I mean,

• 1:03:14Vivian Tu?

  It is.

• 1:03:15Lewis Howes?

  I've been in the hospital for the whole month trying to support her. It's like, I'm away from work too, but it's like, it's even more so on her. So the thing that I, that I'm interested in is generational wealth that we're talking about.

• 1:03:24Vivian Tu?

  Yeah.

• 1:03:25Lewis Howes?

  When someone who is broke hears this word generational wealth, it seems so far away. It seems so unrealistic. It seems like that's not for me. How could I even think that way? If someone's broke or struggling financially and they have the possibility in the future to create generational wealth, what do they need to start changing around in their mindset and their daily habits in order to set themselves up for that in the future?

• 1:03:52Vivian Tu?

  Yeah. I think there can be a big woe is me attitude of if you're not born into generational wealth, you're like so resentful, but the thing that bothers me is that like, people want, everybody wants to have generational wealth, but we hate seeing it in use.

• 1:04:08Lewis Howes?

  Why is that? We're jealous of people that have it.

• 1:04:10Vivian Tu?

  It's jealousy. It's just,

• 1:04:11Lewis Howes?

  We want it, but we hate people that have it.

• 1:04:12Vivian Tu?

  Exactly. But we want it ourselves. But here's the thing.

• 1:04:15Lewis Howes?

  It's hard to get something that you hate in someone else.

• 1:04:18Vivian Tu?

  Correct.

• 1:04:18Lewis Howes?

  Right?

• 1:04:19Vivian Tu?

  Correct.

• 1:04:20Lewis Howes?

  If you hate someone else having it, but you want it, it's hard for you to attract that.

• 1:04:23Vivian Tu?

  Yes. But I think we need to reframe this around like, you may not have been born with generational wealth, but to have generational wealth, you might be the generation who has to make it.

• 1:04:34Lewis Howes?

  Yes.

• 1:04:35Vivian Tu?

  And I say this and I joke and I'm like, yeah, unfortunately I'm the one in the family tree who has to be the one who like really plants the seeds.

• 1:04:43Lewis Howes?

  Yes.

• 1:04:44Vivian Tu?

  And I may not actually ever get to taste the fruit.

• 1:04:46Lewis Howes?

  Gosh, but you're the one who started it. You're set up your family tree for generational wealth. Someone's got to be the one to break the chain.

• 1:04:53Vivian Tu?

  Do it. Like there is always unfortunately, someone who has to be the one who makes the money because. You can't just have inheritance, inheritance, inheritance. At some point up the tree.

• 1:05:05Lewis Howes?

  Someone did it.

• 1:05:05Vivian Tu?

  Someone did it.

• 1:05:06Lewis Howes?

  Someone stepped.

• 1:05:07Vivian Tu?

  Came from nothing to something.

• 1:05:08Lewis Howes?

  They went on the skinny branches. They risked, they did, they put their life on the line, their career on the line. They went broke multiple times to create that freedom for themselves.

• 1:05:18Vivian Tu?

  Correct.

• 1:05:19Lewis Howes?

  And they were willing to endure the pain like you've been willing to do.

• 1:05:22Vivian Tu?

  Yeah.

• 1:05:22Lewis Howes?

  They've worked harder. They got knowledge. They found a mentor. They maybe got a couple of lucky breaks and they went hard on that luck.

• 1:05:30Vivian Tu?

  Yeah. And you know what else? This is the craziest thing. You know, most generational wealth actually doesn't last past three generations.

• 1:05:37Lewis Howes?

  Why? Cause the knowledge doesn't pass?

• 1:05:39Vivian Tu?

  So basically it's like you've got the generation that makes the money, right? They work hard, something perhaps it's the next generation that saw their parents work really, really hard. So then they actually expand on the business. They're doing a really great job, but they've always lived a decently comfortable life.

• 1:05:56Lewis Howes?

  Yeah. They didn't struggle like their.

• 1:05:58Vivian Tu?

  They didn't struggle. And then the third generation, they see nothing but privilege. They have never struggled. They also haven't had the knowledge of the struggle passed down. So like you have to do this, you have to do that. Like watch out for this pitfall, blah, blah, blah. Like they've always lived life on easy street. And if you live life on easy street, it's very easy to get swindled.

• 1:06:19Lewis Howes?

  Interesting.

• 1:06:20Vivian Tu?

  So it's that the third generation typically is where things kind of fall apart.

• 1:06:25Lewis Howes?

  So how do grandparents who create the generation of wealth in the first place pass down the knowledge for the third, fourth, fifth generation to sustain it and grow it?

• 1:06:34Vivian Tu?

  Well, one, I think it's passing down that knowledge, making financial literacy an important part of your family. Like I have every intention of giving my kids an allowance and then taxing it. Be like, okay, your allowance is $10. Got to pay taxes this week. $2, $2 back, give it back.

• 1:06:50Lewis Howes?

  Wow. And then they feel the pain.

• 1:06:52Vivian Tu?

  They feel the pain. You don't want to just give them eight. You want to give them 10 and then make them give you two back.

• 1:06:57Lewis Howes?

  That's interesting.

• 1:06:57Vivian Tu?

  And put two into a jar. And that jar is the public goods jar. And maybe once that jar gets to a certain point, the whole family gets to go out for ice cream. Or the whole family gets to go do movie night, but it's a public good jar. It's not just you. So even if you're mad at your sister that day, we're going to get ice cream and she's getting one too. So you have to understand how public goods work. But also it is about making so that there are guardrails. So.

• 1:07:26Vivian Tu?

  You give them enough rope to climb and I kind of like hate this metaphor, but like you give them enough rope to climb, but you don't give them enough to hang themselves. It is about making sure that they are getting money and knowledge. But it's not enough to just say, all right, you're 18. Here's your trust fund.

• 1:07:42Lewis Howes?

  No.

• 1:07:42Vivian Tu?

  Cause you know, the trope, right? All of these deadbeat kids who spend all day on their couch. They don't, they know they don't have to work. They don't have to get a job. They don't have to make something of themselves. They have no ambitions because everything in their entire life has been handed to them on a double platter. I would hate for my kids to end up like that. So the thought is if you have a trust, if you have a living will, if you have all of these estate planning documents set up in the right way, you can be very, very specific.

• 1:08:10Lewis Howes?

  Yes.

• 1:08:10Vivian Tu?

  And you can say at age 18, you will get X amount of money specifically earmarked to be used for your education. Whether that's trade school, culinary school, going to college, whatever you want to be. If you don't use that money on these specific purposes,

• 1:08:30Vivian Tu?

  go back in the pot. Or maybe it gets donated to charity. Say my kid, I mean, I don't know if this would even be a realm of reality, but they turn into an amazing YouTuber at 17. They don't want to go to college. Fine. If you're making a million bucks a year, I'm not going to force you to go to college. But like,

• 1:08:47Vivian Tu?

  if that money doesn't go to them based on exactly how I've outlined, they're not getting it. Okay, but 21 rolls around. You're going to get a little bit of money.

• 1:08:57Lewis Howes?

  Yeah.

• 1:08:57Vivian Tu?

  Maybe to help you with your first apartment.

• 1:08:59Lewis Howes?

  Yeah.

• 1:09:00Vivian Tu?

  Or get you a car, not a Maserati.

• 1:09:03Lewis Howes?

  Yeah.

• 1:09:03Vivian Tu?

  But like a Volvo, something safe. A Honda Civic, a Toyota Camry. And get them something practical, but that's not like some lemon that you got that has 150,000 miles on it. Cause I don't want my kid driving around in a death, in a death trap. And so you can earmark these things. And it's like, okay, maybe when you turn 30, we will give you a little bit more. Or you will get a certain amount upon which you get married, but there needs to be a prenuptial agreement in place. You can literally dictate how you want your money to be used because damn, if I'm not going to have a say, I'm the one who made it.

• 1:09:41Lewis Howes?

  Yeah.

• 1:09:41Vivian Tu?

  I'm the generation who had to make it.

• 1:09:43Lewis Howes?

  Absolutely. So you're not going to lose it.

• 1:09:44Vivian Tu?

  They're not, you're not going to lose my money. And if you end up being a loser deadbeat, I'm going to have something called a skip generation. And all that money is just going to your kids. And if you don't have kids, it's going to a charity.

• 1:09:56Lewis Howes?

  Wow.

• 1:09:57Vivian Tu?

  And a lot of really, really smart business people actually have this in place. In that I think there was this Japanese company where the grandfather who'd, you know, built the company had a skip level generation where all of the money went to the grandkids. But all of the ownership in the business went to the parents.

• 1:10:20Lewis Howes?

  Interesting.

• 1:10:21Vivian Tu?

  So both the parents were incentivized to work hard. But the kids were also forced to learn the business of, you know, the company. And it's like, there's, there's really creative ways that you can do this.

• 1:10:35Lewis Howes?

  Beautiful.

• 1:10:36Vivian Tu?

  To make sure.

• 1:10:37Lewis Howes?

  And that's all through the trust that you build, right?

• 1:10:38Vivian Tu?

  Yeah.

• 1:10:39Lewis Howes?

  Yeah.

• 1:10:39Vivian Tu?

  And there's so many different types. And I really encourage people to like, talk to an estate planning attorney to see what actually makes sense for them.

• 1:10:44Lewis Howes?

  Absolutely. You talk a lot about all these strategies in your book, Well Endowed. Make sure you guys get a copy of this. One of them is about navigating life's biggest financial decisions around marriage, kids, homeownership, all these things you're talking about right now. What do you think couples do wrong when they try to combine their finances? What's a mistake they make when they do that?

• 1:11:08Vivian Tu?

  Well, they're doing it at engagement. Uh, hello? What, what happened to the dating period? Like, there's some, there's a stat out there and I can't quote the exact number, but I want to say it's like forty eight percent of couples don't actually talk about money until they're engaged. What?

• 1:11:25Lewis Howes?

  Should be the first month.

• 1:11:26Vivian Tu?

  Should be the first, frankly, I say it's the first date. First date. You can ask a question that's like, oh, hey, if you had, if you got a million dollars tomorrow, what would you do?

• 1:11:36Lewis Howes?

  Hmm.

• 1:11:36Vivian Tu?

  That's not a, show me your W two.

• 1:11:38Lewis Howes?

  Yeah, yeah, yeah.

• 1:11:39Vivian Tu?

  That's very much like a fun first date question.

• 1:11:41Lewis Howes?

  Yeah.

• 1:11:41Vivian Tu?

  It doesn't feel out of the norm. It doesn't feel like, you know, kind of a pressure-y thing. It's just a fun exercise to see what this person is like.

• 1:11:48Lewis Howes?

  Yes.

• 1:11:49Vivian Tu?

  But you get to start talking about money early.

• 1:11:51Lewis Howes?

  Hmm.

• 1:11:51Vivian Tu?

  And you know what it means to that person. Are they opening up their own bakery? Cause they've always had a passion for baking.

• 1:11:56Lewis Howes?

  Hmm.

• 1:11:57Vivian Tu?

  Or are they going to go buy a duplex apartment because they really want to start making passive income? Do they, you know, do they, like, tell me what they do? And so I think when couples wait too late. You end up marrying people who you are not financially compatible with, people who do not value a dollar the same way you do. And that ends up becoming a big problem. And I think in part why there are so many irreconcilable differences in some couples. In the same way that like, politics or religion, or do you want to have kids? Yes or no? Those are kind of deal breaker questions. I think how you think about money and how your relationship with money is, is a deal breaker question.

• 1:12:36Lewis Howes?

  Do you think couples can last if they love each other? But they don't have the same values around money.

• 1:12:42Vivian Tu?

  Louis, do you think love is enough?

• 1:12:43Lewis Howes?

  No.

• 1:12:44Vivian Tu?

  I don't.

• 1:12:44Lewis Howes?

  I don't either.

• 1:12:45Vivian Tu?

  I don't because guess what? Sure, you can last through the honeymoon period. Sure, you might be able to last the first five years. But if I have the great love story that I'm hoping to have, it is going to be like seventy years.

• 1:13:01Lewis Howes?

  Yeah.

• 1:13:02Vivian Tu?

  Right? I got married at thirty. If we, if we get to a hundred, that's seventy years. You're going to tell me that love is going to carry us for seven years? Are you like, are you, are you joking? Are you crazy? Like, I truly believe that you have to work out a relationship to want it.

• 1:13:19Lewis Howes?

  Yeah.

• 1:13:19Vivian Tu?

  The grass is greener where you, where you water it. And I treat my relationship like a business. My business, the business that I pour all of my energy and my time and my love and my adoration into. I give my relationship the same kind of care. And I know that doesn't sound romantic, but I build smart systems. I keep the right people on staff. I take time to really evaluate. I do a quarterly business review, but also quarterly financial review with my partner. Like, I treat my relationship like a business. And if we took it as serious as we do making a business, fewer people will get divorced.

• 1:13:54Lewis Howes?

  Yeah. How many people do you think, I don't know if there's a stat around this, but how many people do you think die every year around money stress or money problems or money issues?

• 1:14:06Vivian Tu?

  I mean, I wish I had the stat because that'd be really, really powerful. But financial anxiety is one of the worst and most pervasive things because it doesn't turn off. So like, Say you have anxiety in your relationship. When you go to, you know, see your boys. You don't, you don't think about. You know, the old ball and chain for.

• 1:14:30Lewis Howes?

  Right. You get a little break.

• 1:14:31Vivian Tu?

  You get a little break.

• 1:14:31Lewis Howes?

  Yeah.

• 1:14:32Vivian Tu?

  But if you have problems with your money. You feel it at home. You feel it at the grocery store. You feel it at work. You feel it when you go to do anything fun because you're not sure if you can afford it. It is constant.

• 1:14:45Lewis Howes?

  It's like suffocating you.

• 1:14:46Vivian Tu?

  Always. And it's on your phone.

• 1:14:48Lewis Howes?

  Yeah.

• 1:14:49Vivian Tu?

  Imagine not being able to escape.

• 1:14:52Lewis Howes?

  It's on your phone and in terms of like, look what everyone else has and I don't have it and I can't afford it.

• 1:14:57Vivian Tu?

  Yeah.

• 1:14:57Lewis Howes?

  It's like takes over your nervous system.

• 1:14:59Vivian Tu?

  Correct. You're on fighter flight all the time.

• 1:15:01Lewis Howes?

  Wow. You could be lonely and depressed by not having a relationship or have other challenges or not have a career. But if you don't have your money, if you don't have harmony around it or some type of healthy relationship around money. It really suffocates you.

• 1:15:16Vivian Tu?

  Yeah.

• 1:15:16Lewis Howes?

  It holds you back in a big way. And again, I go back to the beginning of this conversation where you were just like. What good things happen to girls like me or something like that? Like, I think you have to really shift your mindset around it, even if you don't see the evidence yet. That good things are happening to you. Maybe they haven't happened to you.

• 1:15:33Vivian Tu?

  Yeah.

• 1:15:33Lewis Howes?

  But at some point you have to shift and start thinking and speaking in a different way about yourself. So you can start seeing the evidence in real life, even with small little acts that are happening. To reinforce, look, good things do happen to me. I just found a penny. Good things happen to me. Someone just smiled at me. Good things happen to me, whatever it is, we've got to reinforce it.

• 1:15:52Vivian Tu?

  It's why I really hate it when people are like, oh, I'm, I'm bad with money. You're not. You're on your money journey. You're starting your money journey.

• 1:16:01Lewis Howes?

  Yes.

• 1:16:01Vivian Tu?

  Doesn't that feel like so much more empowering? Like you are taking the first step in the right direction versus like. Yeah, you're bad and that'll be that forever. Like, I don't want to hear that.

• 1:16:11Lewis Howes?

  No. I'm learning.

• 1:16:13Vivian Tu?

  I'm learning.

• 1:16:13Lewis Howes?

  Developing.

• 1:16:14Vivian Tu?

  Yeah.

• 1:16:15Lewis Howes?

  I'm just getting started.

• 1:16:16Vivian Tu?

  Yes.

• 1:16:16Lewis Howes?

  Excited about the journey. I'm still excited about learning Spanish.

• 1:16:21Lewis Howes?

  I'm not bad at Spanish. I'm still

• 1:16:22Vivian Tu?

  I'm still on my journey of learning Stanish. That's so funny.

• 1:16:25Lewis Howes?

  I love this Vivian. Your, your book is really powerful. It's called Well Endowed, The Secrets to Strategic Spending, Building a Financial Foundation for You and Your Family and Creating Lasting Generational Wealth. Make sure you guys get a copy or two. Grab some for your friend. If you're trying to understand money more and feel more financially at peace, uh, this is the book to get started. You've got a lot of great content on social media. And I love that you also said, because I'm in like a next phase of my content journey. I've been doing it for 15, 17 years of creating content.

• 1:17:00Vivian Tu?

  I mean, look at this beautiful office.

• 1:17:02Lewis Howes?

  13 years of doing the podcast every week for 13 years. And I'm in a whole new phase of like doubling down and creating content and really like leveling up with my own personal content as well. So you inspire me that you say you're willing to work harder, ideate stronger and keep like grinding it out.

• 1:17:21Vivian Tu?

  For longer.

• 1:17:22Lewis Howes?

  For longer, even when not everything is going viral. It's like you keep showing up. And I see that in your content on social media and I dig that about you. I dig it about you. You're doing amazing. I asked you these questions before in our previous episode, but I'm curious your perspective now, a couple of years later. Uh, if this was, if you got to live that 70 year relationship journey, but for whatever reason, it's the last day on earth for you, many, many years away. And you got to accomplish all your dreams and all your goals personally, professionally, it all came true. But for whatever reason, all of your content had to go with you. All of your books had to go with you and we didn't have access to that content anymore.

• 1:18:02Vivian Tu?

  Yeah.

• 1:18:04Lewis Howes?

  But you could leave behind three lessons to the world, three things, three things you knew to be true, personally, professionally, whatever it might be. What would those three truths be for you?

• 1:18:13Vivian Tu?

  Okay. First one.

• 1:18:17Vivian Tu?

  Your partner is the most important financial decision you'll ever make. This is the person that you are going to literally navigate this world. It is hard enough as it is. You better pick someone who is your number one cheerleader and thinks the sun shines out of your butt. Because if you have a hater at home, you won't accomplish anything. That's a rain cloud at home.

• 1:18:36Lewis Howes?

  Snap.

• 1:18:37Vivian Tu?

  Um, two, I would say if you want to live in a village, you have to be a villager. I think so many of us have fought, like the favors economy. We've given up on it. Um, in our parents' generation, uh, if I needed to go to the airport at six AM, I'd be like, hello, neighbor Louis, will you drive me to the airport at six AM?

• 1:18:59Lewis Howes?

  And we used to do it.

• 1:18:59Vivian Tu?

  You would be annoyed because it'd be early, but you do it. And then

• 1:19:03Lewis Howes?

  And I knew I could count on you to watch my dog.

• 1:19:05Vivian Tu?

  Exactly. The next week when you were out of town, I would walk, you know, like Ranger and Ranger and I would go on a walk, even though it meant that I might have to come home from work a little bit earlier. Fine. We would do each other these little favors, but now these favors have been replaced by companies. And now you were spending an arm and a leg for thing that our communities used to do for us.

• 1:19:24Lewis Howes?

  Interesting.

• 1:19:25Vivian Tu?

  We got, you know, the apps that you can on demand get taken somewhere. You have these apps that can on demand come walk your dog or bring you food or do these things. And we don't have to care for each other in the way that we did. And when we don't foster that community, we don't, we don't show up to the PTA bake sale. We don't go to the housewarming. We don't bring over a bottle of wine on a Thursday night. Like we lose the village because we are not being villagers.

• 1:19:50Lewis Howes?

  You say you're a good villager?

• 1:19:52Vivian Tu?

  No, no, I'm terrible. I think we could all certainly afford to be better. I think I was a really good villager in college because I lived within a, you know, one mile, yeah, a one mile radius of every single one of my best friends. I would show up for them. I would make time, but I also had so much more time.

• 1:20:12Lewis Howes?

  Yeah, now you don't.

• 1:20:13Vivian Tu?

  And now I don't. And I am certainly as someone who is a high earner, have outsourced so many parts of my life. In a way that sometimes I look and I'm like, oh, man, it feels a little empty.

• 1:20:26Lewis Howes?

  Really?

• 1:20:27Vivian Tu?

  Yeah.

• 1:20:27Lewis Howes?

  Feels like lonely or empty or lack of community?

• 1:20:30Vivian Tu?

  Lack of community and I only feel it again and that warmth and that joy is like when I truly spend time with my girlfriends.

• 1:20:36Lewis Howes?

  Really?

• 1:20:37Vivian Tu?

  Yeah. It's really important to have that community. There are things that I can talk to them about that I can't like, it's not that my husband doesn't understand.

• 1:20:45Lewis Howes?

  Different.

• 1:20:46Vivian Tu?

  It's different.

• 1:20:46Lewis Howes?

  Yeah, yeah.

• 1:20:47Vivian Tu?

  And it's good to have.

• 1:20:48Lewis Howes?

  Of course.

• 1:20:48Vivian Tu?

  Um.

• 1:20:49Lewis Howes?

  It's both hand.

• 1:20:49Vivian Tu?

  Yeah.

• 1:20:50Lewis Howes?

  Interesting. So do you feel like you will actually reinvest in being a good villager?

• 1:20:54Vivian Tu?

  I'm trying, I'm trying.

• 1:20:56Lewis Howes?

  But when you're so busy and you got a lot of projects and you're creating and you're married and you got.

• 1:21:01Vivian Tu?

  I think something that I did a really good job of is I just moved in Miami. I'm in a new building and I'm so devastated because this new building, it's, it's wonderful. Don't get me wrong.

• 1:21:12Lewis Howes?

  Yeah, you're looking at the ocean.

• 1:21:13Vivian Tu?

  Yeah, everything's amazing, but I'm devastated to be in this new building because the average age of the resident is younger than my last building. I would say the average age is probably forty, forty, maybe early fifties. And you're like younger, the last building I was in, the average age was like seventy.

• 1:21:31Lewis Howes?

  Uh huh.

• 1:21:32Vivian Tu?

  And it was so easy to build community.

• 1:21:35Lewis Howes?

  Right.

• 1:21:36Vivian Tu?

  I would go to Pilates the same time, twice, and somebody would be like, what's your name? Because these are people who came up in the favors economy. There was one time, one lady handed me a bag and she was like, I live in the South Tower, but you live in the North Tower. Can you go bring this banana bread to somebody? I'm like, I don't know this person, but yeah, I'll do it for you because you have now pressured me into doing this for you.

• 1:21:56Lewis Howes?

  Yeah.

• 1:21:57Vivian Tu?

  And there was one time I was actually, I had gotten off of the waitlist for a, like a workout class. All of these seventy year old women are stronger than me, more physically fit than me, it's fine. Um, I got a text and it was like, Vivian, you're running late for this workout class. Like, do you want me to save you a, a mat?

• 1:22:19Lewis Howes?

  Yeah.

• 1:22:20Vivian Tu?

  And I was like, what? Am I late for this class? But two,

• 1:22:25Vivian Tu?

  it would like never occur to me to text someone that I don't really know that well. These aren't like my best friends. These are like women that I had met in passing and had like, you know, good conversations with. And I was like, wow, she like really thought of me in that way. And she knew I was coming because I had come every Saturday prior to this. And so I think I could certainly do a better job fostering community. There are certainly situations where community is easier to build because everybody is so community minded. And I think I'm going to be chasing that high for for quite some time.

• 1:22:55Lewis Howes?

  Long time. Okay.

• 1:22:56Vivian Tu?

  Yeah.

• 1:22:56Lewis Howes?

  Uh, and the third truth?

• 1:22:58Vivian Tu?

  And the third truth is this, at the end of the day, nobody is coming to save you. I am going to sit here and be the first person to tell you, it ain't fair. Life ain't fair. Some people are born on third base. Some people are out in the parking lot with the person who is selling those illegal hot dogs that does not have a vendor's license. Fine. But just because our current society is not perfect, just because it severely needs legislative change to make the financial system more fair, it does not mean that you can lose hope. You still have to have hope. You still have to believe with every fiber of your being

• 1:23:40Vivian Tu?

  that you can improve your station in life. No matter where you start, you can end better. And here's a little tricky, tricky thing. Um, I recently got the, had the pleasure of interviewing Shaun White.

• 1:23:54Lewis Howes?

  Yep.

• 1:23:54Vivian Tu?

  And I took away from this interview that Shaun White is most possibly the pettiest man I've ever met in my life.

• 1:24:01Lewis Howes?

  Tell me why.

• 1:24:01Vivian Tu?

  Because he holds a grudge. He does not ever forget his enemies. And when someone told him that he couldn't do something, or like, you know, he had a adversary at some competition, whatever, he would hold it in his head and he would use it as high octane fuel to give him hope and to power that hope with rocket power, with rocket fuel to accomplish it, to prove them wrong, to be the best. And he jokes about it because he's like, these people probably didn't even know we were beefing. It was one sided beef. I made it up in my head. But because he had something that was powering and firing his engine, he was able to keep going.

• 1:24:46Vivian Tu?

  To do better for longer.

• 1:24:47Lewis Howes?

  Wow.

• 1:24:47Vivian Tu?

  And so.

• 1:24:48Lewis Howes?

  That's cool.

• 1:24:48Vivian Tu?

  Don't lose hope and always have something that's fueling you.

• 1:24:51Lewis Howes?

  That's great. Uh, your Rich BFF over on social media. Make sure to follow you. Get the book Well Endowed.

• 1:24:57Vivian Tu?

  You can get the book Well Endowed at richbffbook.com.

• 1:25:00Lewis Howes?

  Richbffbook.com.

• 1:25:04Lewis Howes?

  I have one final question for you before I ask it, Vivian. I want to acknowledge you because the last time I saw you was a couple of years ago on my show. Then I came on your show for my book, uh, Make Money Easy. And I would acknowledge you because of your energy. I feel like it shifted each time I've seen you.

• 1:25:20Vivian Tu?

  You think?

• 1:25:20Lewis Howes?

  I really believe it. And there's something inside of you that shifted, uh, you know, not like you were horrible or something before, but I see, I see you elevating yourself and reinvesting in your health. And I think we mentioned this briefly, that there's a lot of wealthy people in the world who are not healthy people.

• 1:25:36Vivian Tu?

  Yeah.

• 1:25:37Lewis Howes?

  In their relationships or in their actual physical health. And I want to acknowledge you for setting a standard. You talked about the mentor that you had that if you didn't have her, you wouldn't be where you're at.

• 1:25:48Vivian Tu?

  Yeah.

• 1:25:49Lewis Howes?

  And there's a lot of specifically women in the world who follow you, that you're their big sister, you're their mentor. And because you're willing to invest in your health, they're seeing that as well. And they're probably making conscious decisions for their health also.

• 1:26:03Vivian Tu?

  Yeah.

• 1:26:04Lewis Howes?

  So you're not only helping people become wealthier with their money, but also wealthier with their health. And I think that's the most important health, most important wealth in the world. So I acknowledge you for being on that journey.

• 1:26:15Vivian Tu?

  Thank you.

• 1:26:16Lewis Howes?

  It's hard. You got a lot of things going on. You're doing books. You're working at company. You're doing all these different things. And a lot of people make the excuse of, I've got too much on my plate. I can't go to the gym in the morning. I can't do it at night, or I don't have time. And I think that's the most important thing is to invest your time in your health.

• 1:26:32Vivian Tu?

  Yep.

• 1:26:32Lewis Howes?

  And your relationships. So I acknowledge you for that.

• 1:26:35Vivian Tu?

  Thank you.

• 1:26:35Lewis Howes?

  Thank you.

• 1:26:36Vivian Tu?

  Shout out to my trainer.

• 1:26:37Lewis Howes?

  There you go. Well, I say shout out to your trainer, but shout out to you for constantly showing up. Your trainer can guide you and push you harder, but you have to show up to the workout.

• 1:26:44Vivian Tu?

  Yeah.

• 1:26:45Lewis Howes?

  You have to make the time. You have to not make it, uh, excuses.

• 1:26:48Vivian Tu?

  Yeah.

• 1:26:49Lewis Howes?

  And so I acknowledge you. Yes.

• 1:26:50Vivian Tu?

  Yeah.

• 1:26:50Lewis Howes?

  The team supports you, but you gotta make the decision every day to show up. So I acknowledge you for that. And shout out to the trainer. Final question, Vivian, what's your definition of greatness?

• 1:27:01Vivian Tu?

  You know, I feel like it's changed over the years. And if I'm honest, I think I said that the last time you asked me this question too.

• 1:27:07Lewis Howes?

  It evolves.

• 1:27:08Vivian Tu?

  It continues to change. But I think greatness for me now is.

• 1:27:16Vivian Tu?

  Being able to get to a point where I can just do whatever I want.

• 1:27:21Lewis Howes?

  Mm hmm.

• 1:27:21Vivian Tu?

  Like, it's all about getting to do stuff and not having to do stuff.

• 1:27:28Lewis Howes?

  Mm hmm.

• 1:27:28Vivian Tu?

  Like, I think for a very long time, I felt like I had to do this. I had to do that because I wanted a certain amount of wealth, numerical wealth in my bank account. And I'm not there. I'm not to my F U number yet. Let me be very, very clear. I'm not there. But I'm getting closer.

• 1:27:46Lewis Howes?

  Yeah.

• 1:27:47Vivian Tu?

  And the closer I get, the more I'm realizing I get to choose me and I get to choose how I show up every single day. And I think if I keep saying yes to stuff that drains my energy or drains me, I don't then get to show up my best for the things I'm actually looking forward to. And so greatness for me is eventually being able to have the full freedom financially and also in my time

• 1:28:17Vivian Tu?

  to live unencumbered.

• 1:28:18Lewis Howes?

  Mm hmm.

• 1:28:19Vivian Tu?

  Like, I don't want money to be a decision, like be part of my decision making process.

• 1:28:25Lewis Howes?

  Yeah.

• 1:28:26Vivian Tu?

  I just want to be able to do it because I love it.

• 1:28:28Lewis Howes?

  Yeah. There you go. Vivian, thanks for being here. Appreciate you.

• 1:28:31Vivian Tu?

  Thanks for having me.

• 1:28:31Lewis Howes?

  Thank you. I hope you enjoyed today's episode and it inspired you on your journey towards greatness. Make sure to check out the show notes in the description for a full rundown of today's episode with all the important links. And if you want weekly exclusive bonus episodes with me personally, as well as ad free listening, then make sure to subscribe to our greatness plus channel exclusively on Apple Podcasts. Share this with a friend on social media and leave us a review on Apple Podcasts as well. Let me know what you enjoyed about this episode in that review. I really love hearing feedback from you and it helps us figure out how we can support and serve you moving forward. And I want to remind you, if no one has told you lately that you are loved, you are worthy and you matter.

• 1:29:16Lewis Howes?

  And now it's time to go out there and do something great.