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Category: Road to Millions

March 13, 2024By Paula Pant

#493: Wall Street Secrets, with Your Rich BFF Vivian Tu

Do you ever wonder what happens behind closed doors on Wall Street?

Vivian Tu, also known as Your Rich BFF, is here to spill the tea.

Vivian grew up in a modest immigrant family. After college, she found herself working insane hours on Wall Street after college.

While working on Wall Street, Vivian saw some weird things.

Once, a coworker stumbled hungover into the office after a trip to Atlantic City, carrying a duffel bag with thousands of dollars in cash inside.

Vivian realized that there’s a group of high-income and high-net-worth people who handle money in drastically different ways than she learned in her frugal upbringing.

She learned about investing, taxes, legal loopholes. She discovered new ways of thinking about money.

She shares these insights — gleaned from her Wall Street days — in today’s podcast episode.

Keep reading...

February 25, 2015Written By Paula Pant

Investing, Reduced to Its Core

Myth: Wealth comes from living below your means.

Fact: Frugality is the first step, not the last.

I’d like to tell you about one of the most interesting couples I know.

They were apartment-dwellers when we met, and I don’t mean the New York City variety. Their dark, musty apartment festered in an area where land is plentiful and square footage is cheap, where apartments […]

Keep reading...

September 2, 2014Written By Paula Pant

How I Earned an Extra $40,800 in Two Years Without Lifting a Finger

Despite the fact that I have the best roommates in the world, I’ll occasionally remark, “I’m tired of having roommates.”

And Will replies: “Are you $1,700 per month tired of it?”

I don’t need to respond. The answer is obvious. The minor inconveniences — sharing a refrigerator, waiting to use the washing machine — […]

Keep reading...

August 5, 2014Written By Paula Pant

Five People, One Income, and Self-Made Success

Myth: If you’re supporting 5 people on 1 income (and it’s not a high income), you’re screwed. You’ll never become a business owner or an investor. You’ll be lucky just to pay the bills.

Fact: Ladies and gentlemen, meet success story: Rental Randy.

In my last blog post, I re-emphasized that the best […]

Keep reading...

July 23, 2014Written By Paula Pant

Sick of Reading? Watch This Video, Instead.

A few months ago, a startup videography team from Florida came knocking on my door.

Mike and Lauren are a young married couple living in Sarasota, and in their spare time, they’ve started hustling:

They’re under contract for their first rental property, devised a plan to retire by 2018, and they’ve launched an awesome YouTube […]

Keep reading...

November 12, 2013Written By Paula Pant

How I Went From Broke to $4,600 / Month in Passive Income By Age 28

 

Note from Paula: Today I’m featuring a guest post from my friend Brandon Turner, who is officially The Tallest Guy I’ve Ever Met.

I suggested that he write a post about “How I Got So Friggin’ Tall.”

He countered by offering the juicy details on how he created $4,600 per […]

Keep reading...

October 24, 2013Written By Paula Pant

The ONE Critical Thing Holding You Back From Happiness …

Fear is whispering.

It’s in your ear. And it’s getting louder.

“You can’t quit your job,” the fear whispers. “You’ll never find another one.”

“Don’t invest,” it says. “You’re not smart enough.”

“You shouldn’t travel,” it insists. “The world is dangerous and lonely.”

Hogwash. Baloney. Pfooey.

Fear is wrong. But the […]

Keep reading...

April 9, 2012Written By Paula Pant

The House is Ready to Go on the Market!

I’m coming off another jam-packed weekend of 12-hour days fixing up our foreclosure house. Between our weekend warrior efforts and the nearly $5,000 we’ve paid towards labor costs, this fixer-upper is ready to go on the rental market!

Want proof? You’ve seen the “before” video (if you haven’t, click here.) Check out these “after” […]

Keep reading...

January 18, 2012Written By Paula Pant

You Are What You Think

The Law of Attraction says that if you think about something, you’ll attract it into your life.

According to this theory, if you think about riches, you’ll attract riches. If you think about happiness, you’ll attract happiness. If you think about friendship, you’ll attract friendship.

Of course, the Law of Attraction doesn’t […]

Keep reading...

October 17, 2011Written By Paula Pant

How to Build a Real Estate Empire (One house at a time!)

It started in October 2010. I had just moved to Atlanta and didn’t know a thing about the city.

I picked a neighborhood at random – eeny-meeny-miney-moe – and rented the first listing on Craigslist. I struck gold.

I moved two blocks from Atlanta’s most beautiful park, a rolling greenscape with spectacular skyline views. […]

Keep reading...

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