Finance Expert: How You Talk About Money Matters Ft. Vivian Tu

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Previously titled “Money Conversations Everyone Should Be Having Ft. Vivian Tu” — renamed by the publisher on Sep 11, 2026

The Jefferson Fisher Podcast 47 min 1 speaker 8 chapters transcribed 8 days ago
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Why do people at the bottom say “we can’t afford it” while the wealthy say “it’s not in the budget”?

Jefferson Fisher 0:00
Is there a difference in how the top talk about money versus how the bottom talk about money?
Vivian Tu 0:04
People who are at the bottom will say we can't afford that. People at the top will say it's not currently in the budget. It's the exact same thing. And unfortunately, for a very long time, we have equated your value as a human being with your net worth. So when you have debt, we consider it a moral failure. We think you're a bad person. So I get this job at JP Morgan. I was very literally only sitting next to rich people. And I hate to say it, they're doing it better than us. Because when they talk about money, they have more to compare. They're trading secrets.
Jefferson Fisher 0:31
At what point in a dating relationship should you bring up money?
Vivian Tu 0:34
Soon as possible, baby. Easing into the money conversation is always the best way to do it. How
Jefferson Fisher 0:39
do you ease into it?
Vivian Tu 0:40
Yeah, you and I are on a dinner date and I say, If a million dollars dropped into your lap, what would you do? Would you still be an attorney?
Jefferson Fisher 0:46
Yes.
Vivian Tu 0:46
That tells me you likely aren't motivated by the money you're making as an attorney and that you actually really enjoy your job.
Jefferson Fisher 0:52
I've seen a lot of things in the news about good hardworking employees being laid off. At this point in time, should we be asking for raises or should we just be thankful that we have jobs?
Vivian Tu 1:02
Loyalty to your company. Let me be very clear.
Jefferson Fisher 1:07
Why is it that talking about money seems to be harder than talking about Everything. Yes. Yeah.
Vivian Tu 1:15
Um, because we've been conditioned that way, right? Um, so here's the story. You're we're sitting around the family table, little Johnny goes, Mom, Dad, like, how much is our house worth? You're like, Johnny, please don't ask that. That's so rude.
Unknown 1:29
Okay.
Vivian Tu 1:31
F Flash forward a couple of years. Little Johnny's like, Hey dad, how much do you make? The kids at school were talking about how much their dads make.
Unknown 1:39
Mm-hmm.
Vivian Tu 1:39
And dad's like, Little Johnny, don't ask that. That's so rude. Okay. Then suddenly little Johnny's eighteen, signs a six figure student loan contract. Little Johnny is now twenty-one, needs a credit score to rent his first apartment. doesn't know how to fill out his tax return at the end of the year or in April. Little Johnny has no idea how to negotiate for his salary at his job. Little Johnny has no idea how to budget. Little Johnny has no idea that he should be saving, doesn't really understand how the credit card works, but they'll give him one. They'll give him one for sure. And little Johnny's not investing because he's never even heard his parents talking about MST. If we talked about the Money, the same way we talk about literally anything else.
Vivian Tu 2:27
At the dinner table. We would be able to talk about money. Think about it. Your parents talked about Their political affiliations, which is typically a taboo topic at the dinner table, I remember, because kids were coming to school and parroting what their parents were saying. Your parents talk about pop culture. Like I have 1000% sat down and talked to my mom and dad about movies coming out or music that I'm listening to, things like that. Great. Yeah. You've talked about sports. You've talked about religion. Like my husband grew up in a Catholic family. He went to a Catholic high school. They talked about religion, certainly. And you know We talk about all of these quote unquote hot button taboo topics. Think of the last time your parent sat down and said, Hey, we need to talk about how much you're probably going to inherit.
Jefferson Fisher 3:14
Right.
Vivian Tu 3:15
Never.
Jefferson Fisher 3:16
Yeah.
Vivian Tu 3:17
Isn't that crazy?
Jefferson Fisher 3:18
It is crazy. I I definitely agree with that there's some aspect of it that is conditioned because it is the one thing we don't talk about. Truly, Vivian. I mean, I've never really talked to my own parents about you know, what they make and my whole life. I just was it wasn't it wasn't a thing. And I don't know also uh also if it's a cultural thing. I don't know if it's the same in the US as it as or even within, let's say, northern states, southern states, west coast, east coast or in different cultures, but I do feel like Absolutely correct that there's a part of it that's conditioned.

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