Hi wealth builders! On this episode of the Invest With Prudence Podcast, we have a very special guest, Eric Wang, Co-founder and CEO at Wind Mobility. Join us as Eric details his journey from Columbia University to a successful career as a serial entrepreneur. He opens up about the ups and downs of entrepreneurship, and challenges of being a leader, and more! Get in touch: Free Webinars https://www.eventbrite.com/cc/baoba-personal-finance-series-434439 LinkedIn: https://www.linkedin.com/in/prudencezhu/ Website: https://www.baoba.us/
Sep 14, 2022
50 min
This may be surprising to you: if both parents stay in the labor force and pay for childcare, they would have a million dollars more in retirement, even if childcare costs equal one of the parent's take-home pay. In other words, in purely financial terms, staying in the labor force is the most prudent choice. Hi, I'm Prudence, CPA and financial planner. I'm also a mother to a five-year-old boy and a one-year-old girl. Today I'm going to walk you through a million-dollar decision you'll have to make when becoming a parent, my experience and what I learned, and tips if you've decided to stay home but plan to return to the workforce someday. Get in touch: Free Webinars https://www.eventbrite.com/cc/baoba-personal-finance-series-434439 LinkedIn: https://www.linkedin.com/in/prudencezhu/ Website: https://www.baoba.us/
Aug 31, 2022
11 min
One of the best investments I've ever made in my early wealth-building phase generated a 25% annualized return and had relatively low risk. It also allowed my family to save significantly without sacrificing our lifestyle. Today, I will share my case for owning a multifamily home, considerations before investing in one, and the tax implications of owning investment real estate. Link to the case study analysis (Google sheet) https://docs.google.com/spreadsheets/d/1zg3T0Wo6ySltoQQRl1k_BIa47iEiJGzktnkYwI1_Hi8/edit#gid=0 Get in touch: Free Webinars https://www.eventbrite.com/cc/baoba-personal-finance-series-434439 LinkedIn: https://www.linkedin.com/in/prudencezhu/ Website: https://www.baoba.us/
Aug 24, 2022
11 min
Welcome wealth builders! Prudence Zhu is YOUR Certified Public Accountant who is passionate about taxes, investments, and financial planning. Prudence was born in rural China in 1985. In 2012, she arrived in the US with very few belongings, but a willingness to work hard to achieve the American Dream. Through hard work, perseverance and allowing mistakes to become life lessons, within ten years Prudence was able to reach financial security through working in corporate jobs and entrepreneurship. With her newfound wealth and stability, Prudence aspires to motivate, encourage and empower you to take control of your finances, live the life you have always dreamed of, and remove all fears of taxes or financial planning to teach you how to use them for your benefit. Prudence is an innovator, lifelong learner, loving wife and mother who is prepared to be your ultimate resource for financial wellness. Follow Invest with Prudence as our host guides you on the road to financial freedom through the use of tax and wealth strategies, and financial planning that will enable you to plan for the life you want! LinkedIn: https://www.linkedin.com/in/prudencezhu/
Aug 23, 2022
1 min