scripod.com
practical money lessons (& how I was scammed out of $10,000)

Overview

Shownote

Highlights

Transcript

Chapters

Pins

practical money lessons (& how I was scammed out of $10,000)

soju with sarah

2025/01/17
soju with sarah

soju with sarah

2025/01/17
OverviewShownoteHighlightsTranscriptChaptersPins

Shownote

LA FIRE AID RESOURCES ➭ Mutual Aid Resources Map: https://www.fireaid.info/ ➭ List of Verified GoFundMe Pages: https://www.gofundme.com/c/act/wildfire-relief/california ➭ In-Person Volunteer Opportunities: https://docs.google.com/spreadsheets/u/1/d/1e...

Highlights

In this episode of Soju Friday, the hosts trade alcohol for barley tea as a mindful pivot toward intentional living—and use the beverage as a gentle metaphor for grounded, culturally rooted financial habits. With warmth and candor, they guide listeners through real-world money lessons drawn not from textbooks, but from lived missteps, recoveries, and everyday choices.
00:00
Barley tea is a traditional Korean beverage consumed for its health benefits and cultural significance
00:52
Host sends love to LA wildfire victims and pledges to share verified relief resources
04:12
Squid Game Season 2 resonates because its characters are deeply in debt
10:43
Not becoming a software engineer between 2016 and 2021 was her biggest financial mistake
16:13
The 50/30/20 rule helps allocate income between needs, wants, and savings
19:09
They were scammed by a lender, needing to pay an extra $10,000
21:35
The S&P 500 has an average 10-year return of 11% (7% after inflation)
26:18
Using referral codes on coupon-sharing websites carries legal concerns, so the speaker labels a related story as fictional
33:43
Some people adapt poorly to lifestyle creep by either underspending or overspending
37:42
Zach never paid for the $100 Music Midtown ticket or said thank you
43:31
The first people in a new industry often serve as cautionary tales, and the entertainment industry is prone to the cultural desire to spend to maintain a good image.
54:11
Expensing coffee for mentorship or camaraderie crosses into unethical territory
56:27
Build an emergency fund first—personal experience shows it’s essential before investing in the S&P 500
58:34
Credit card declines often stem from spending pattern mismatches or temporary credit limit issues

Chapters

preview
00:00
resources for LA fire
00:52
intro
01:34
our biggest financial mistakes
05:29
how to save your money
16:11
i got scammed
19:09
how to invest
21:35
money making hacks
23:43
lifestyle creep
31:11
intermission
35:11
status signaling
43:28
unethical tips
51:08
summarizing our tips
56:18
bloopers
58:32

Transcript

Sarah Pan: we had to pay extra money, like extra points, it was ten thousand dollars in my account at that time. On the menu today at soju with sarah is barley tea, so grab your mugs and let's chat about money tips. Welcome or welcome back to soju with sar...