Money Trauma, Credit Scores, and a Reality Check

Books:

Rich AF by Vivian Tu: https://amzn.to/3ZeO8z8

The Psychology of Money by Morgan Housel: https://amzn.to/3YVGGaN

Keywords

international students, finance, financial independence, budgeting, credit, savings, investing, money management, personal finance, financial literacy

Summary

In this episode, Biani Isibor shares her personal journey navigating finances as an international student in the U.S. She discusses the challenges of adjusting to a new currency, the importance of financial independence, and the fulfillment she found in her work experiences. Vianney emphasizes the significance of building credit, saving, and investing wisely, while also recommending resources and books for financial literacy.

Takeaways

Adjusting to local currency is crucial for survival.

Financial independence brings a sense of liberation.

Finding a fulfilling job can enhance your overall experience.

Building credit is essential for future financial opportunities.

Passive income is a valuable financial strategy.

Researching financial options can lead to better decisions.

Consider the benefits of high-yield savings accounts.

Investing small amounts can lead to significant growth over time.

Be mindful of spending habits to avoid debt.

Reading finance books can enhance your understanding of money.