Name: 金融の専門家だけど「お金」について質問ある？ | Tech Support | WIRED Japan
Uploaded: 2026-03-15T17:36:32.000Z
Duration: 26 min 22 s
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Hi besties, I'm Vivian Tu, a former Wall street trader, financial educator, and the CEO of Urrich bff.

Present continuous

Today I'm taking questions from the Internet.

User chocolaterain Comments it's very odd how these companies are almost begging customers to split payments, slash, buy in for, et cetera.

Like the klarna conversation of it all, it all started from a good place.

The background is these companies were utilized often to provide credit to under banked communities.

So people who couldn't necessarily get credit in the traditional way, they couldn't necessarily get credit cards or loans from banks.

People could use these programs to purchase major things, things like refrigerators, appliances, a new laptop for work work tools.

It started as a way to potentially help people, but obviously capitalism sunk her teeth into it.

And now all of a sudden companies are saying, hey, you can split your burrito into four payments.

If you can use them correctly, you're okay.

But you miss one payment and you best believe your credit score is going to get dinged.

These are no longer safety nets providing funding to underfunded communities.

I do not use any of these programs and I would encourage you to avoid them as well.

This question comes from chaoticistaken Pros and Cons of Joint Bank Accounts this is a hot topic of mine, but

I think the healthiest strategy most often for couples is to have a yours, mine and ours strategy.

Joint bank accounts are great because they make it really easy to split joint expenses.

So things like paying for your mortgage or utilities or even date night and vacations.

But a joint bank account also opens yourself up to a lot of risk.

I I actually know a couple that had a joint bank account and one of the partners developed a pretty bad sports betting addiction and drained that entire bank account.

But because he was a joint owner on the account, there was nothing that my friend could really do about it.

So if you're opening up a joint bank account with someone, you have to make sure that you really, really trust them.

They are financially literate and responsible.

And I still encourage even great couples and great relationships to still have their own money because we all need to have access to rainy day funds.

And I just think that it's so important, especially for women to make sure that they have the money to leave a bad situation in case things go south.

She says what the Hell is loud budgeting now?

It's safe to say that a lot of people are feeling the burn in their wallets.

Everything feels a little bit tighter from necessities, but also to just like going out with friends.

And loud budgeting is very simply when you are transparent about your own money goals and what is available to you.

So you have four friends getting married next year.

They all want you to go to their destination bachelorette parties.

They are all having destination weddings and destination engagement parties.

It is okay for you to actually talk to them and say, hey, I have some money goals.

And if I'm being totally transparent, going to New York for your engagement party, Cabo for your bachelorette, and

then Italy for your wedding is not in my budget.

I want to still support you and be there for you as a friend.

Talk to me about what is most important for you and what I should really be present at.

That type of transparency is entirely what loud budgeting is about.

And it's just us being more honest versus going into debt for other people's major moments or to look cool or to do stuff just because.

How do you balance saving for the future versus enjoying life now?

You have to build the infrastructure so you take all the decision making out of your day to day.

So when you sign up for your first job, they have you give them a checking account of where you want your paycheck deposited.

But did you know you can actually say, hey, I want 75% of my paycheck routed here.

This helps you really figure out what goes to taking care of future you and what you get to enjoy today.

Seeking wealthsays people really think skipping out on their daily $5 coffee will help them become a millionaire?

A $5 coffee every day for a whole entire year works out to be roughly a little less than $2,000.

That's certainly not getting you to millionaire status in the course of a year.

However, the behavior of dollar dribbling oftentimes can lead you to become less wealthy over the course of your lifetime.

So what does that mean if every day you buy that $5 coffee with intention and it brings you so much joy and it is the only thing powering you to get to work?

But are you also buying a croissant with that?

And then are you also spending $15 on a salad for lunch.

And oh by the way, I didn't really feel like taking public transportation home tonight, so I took a ride share when you do these little things that add up over time, it can lead to less money in your pocket and less money more importantly and in your investments.

Over the course of your lifetime, when you are just spending mindlessly, it's not really adding to your life.

You will actually end up spending a lot of your money and then looking back and feeling like you have nothing to show for it.

So what I say is if you are going to make little purchases, buy yourself a little treat, do it with intention, do it with meaning.

But in situations where you don't need to be spending certain amounts of money, you might be better off allocating that dollar into an investment account for yourself.

That money doesn't go away you it just gets to take care of Future you.

June Crypto 3 says $20,000 in student loans still paying the price of bad decisions.

I'm sorry that you are still paying off your student loans, but

for maybe younger people who are considering higher education, what I really encourage you to do is actually go to bls.gov, this is the Bureau of Labor Statistics.

They have an A through Z occupational handbook.

So they have everything from accountant to zookeeper.

They'll tell you how much education you need, any sort of licensing requirements or graduate degrees or anything like that.

Also what different sectors pay for that type of job.

And that way you actually have a good gut check of will this degree and major give me the actual career that will fund all of the debt that I might need to be taking to actually get it.

Todd Berry says, got this great chrome extension that searches for discount codes when you shop online.

It only takes an extra minute and it never ever finds a discount.

Those CHR extensions, more often than not they won't really find you anything.

But what I do think is real is going through an affiliate website.

So things like a Rakuten before you are going to buy something, they have a relationship with a lot of vendors where they're like, hey, if you drive us traffic, we will give you 10% of each order.

And then they turn around and say, hmm, we'll give you 5% cash back if you route your order through us.

Essentially you get to split that commission with them.

So before I go shopping anywhere, I head to a site like Rakuten, I make sure that I see what sort of cash back I'm able to get.

And then I use a rewards credit card so I can get cash back again or maybe even travel miles.

My money culture asks what should I do first?

Pay off my debts, save for an emergency fund, save for a house or invest.

Okay, this is the easy peasy way to go through the waterfall.

First and foremost you want to have an emergency fund.

This makes sense because you don't want to get into more financial trouble if the wheel rolls off of your car or your roof caves in.

What I personally like to do is say three to six months of living expenses in a high yield savings account if you're single or six to 12 months of living expenses if you're ahead of household.

Then we're gonna pay off our high interest rate debt.

So that's debt anything above 7%, mostly credit cards.

Once we have that all paid off, then you can start thinking about investments and saving for a house so you can continue to pay your low interest rate debt while you start setting money aside for more liquid investments.

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金融の専門家だけど「お金」について質問ある？ | Tech Support | WIRED Japan

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