How to be Radically Transparent about Money with Fumi Abe
en
January 02, 2025
TLDR: Comedian Fumi Abe discusses overcoming his scarcity mindset in his podcast Cash Cuties, revealing insights into food delivery app expenditure, tech vs NBA money differences, analyzing friends' credit card statements for spending habits analysis.
In the latest episode of The Dough, host Ex Myel engages comedian Fumi Abe in a candid discussion about the uncomfortable topic of money. The podcast strives to shatter the stigma surrounding financial discussions, drawing on Fumi’s unique approach from his podcast, Cash Cuties, where he invites friends to reveal their credit card statements.
Why is Money Taboo?
Fumi opens the conversation by noting the recent evolution of societal discussions surrounding relationships and mental health but points out that money remains the last frontier of taboo subjects. He emphasizes:
- Scarcity Mindset: Many individuals experience fear and anxiety related to their finances, which can hinder open discussion.
- Normalizing Conversations: Making financial discussions mainstream can empower individuals and help them make informed decisions.
Fumi Abe's Journey to Financial Transparency
Fumi shares insights from his own financial upbringing, shaped by immigrant parents who valued saving over spending. He encourages looking at money management not just as a task but as an explorative process:
- Budgeting with Friends: In Cash Cuties, he and co-host Steffie Baik review the spending habits of their friends, revealing the surprising ways people manage (or overspend) their finances.
- Habits Over Big Purchases: Fumi notes that the most shocking revelations often stem from regular spending patterns rather than extravagant purchases. For instance, many young adults in cities like LA and NY are spending thousands on food delivery services each month.
Common Spending Patterns Revealed
During the episode, Fumi reflects on the spending habits he finds most alarming:
- Food Delivery Exploitation: Many millennials are ordering from food delivery apps instead of cooking, leading to significant monthly expenditures that can far outweigh the cost of traditional dining.
- Misconceptions About Wealth: By looking at the lifestyles of high-earners, like tech entrepreneurs versus athletes, listeners are encouraged to think critically about what it means to be "wealthy."
Balancing Scarcity and Abundance
Fumi discusses how his personal experiences with money often oscillate between scarcity and abundance. Key takeaways include:
- Understanding Value: Recognizing that wealth isn’t simply about income but how you manage expenses can change one’s approach to finances.
- Living in the Present: While saving for future uncertainties is vital, it’s equally important to enjoy the fruits of your labor without excessive guilt.
Practical Applications and Personal Insights
Throughout the episode, Ex and Fumi reflect on their personal experiences with budgeting and spending:
- Recognizing Patterns: Both hosts share examples of their own spending patterns, revealing how self-awareness can lead to better financial practices.
- Encouraging Financial Health: Understanding the psychology of money and taking charge of one’s finances can lead to overall well-being.
Conclusion
The episode serves as a thought-provoking examination of financial transparency, offering listeners valuable insights into normalizing discussions about income, spending, and budgeting. Fumi’s willingness to share his financial journey lays the groundwork for a serious conversation.
Key Takeaways:
- Start conversations about money with friends.
- Recognize and address your spending habits.
- Find the balance between saving for the future and enjoying the present.
This episode helps listeners grapple with feelings of anxiety and guilt surrounding their finances, reinforcing that while money is ultimately just a tool, how we relate to it shapes our lives.
Was this summary helpful?
Hey Boo Hey, first off we want to thank you for listening to The Dove. And now, we want to hear from you. I want to hear everything. Tell me what you learned, what's sticking with you, what questions you still have, and what you're motivated to do as a result of listening. I hope you save and please be saving.
Right now, you can take our short survey to help us better understand the impact of our work. And even better, once you complete the survey, baby, you could get some money. You could enter for a chance to win a $100 Visa gift card, yes. The survey is short and sweet and will help us keep bringing you content that you love. Take the survey at bit.ly slash the dough survey. Thank you again.
Hi, I'm Rosh Misajani, founder of Girls with Code. Look, I'd consider myself a pretty successful adult woman. I've written books, founded two successful nonprofits, and I'm raising two incredible kids. But here's the thing, I still wake up wondering, is this it?
And if the best years are yet to come, when's that gonna start? Join me on my so-called midlife, my new podcast with Lemonata Media, where we're building a playbook for navigating midlife, one episode at a time. Each week, I'll chat with extraordinary guests who've transformed their midlife crisis into opportunities for growth and newfound purpose.
At some point, we all ask ourselves, is there more to life? I'm here to discover how to thrive in my second act, right alongside you. My so-called bed life is out now, wherever you get your podcasts.
Welcome back to The Dough. I'm your host, Ex Myel, and today we're getting very honest about our money. I'm talking receipts, okay? Statements from your bag you get every month, but you don't ever read. You know, the good stuff.
Every week I get on this mic and I talk about the Money Curveball's life grows our way. And I know I make it look easy, breezy, beautiful, cover girl. But for most people, talking about how much money they spend can be really uncomfortable. Whether it's on a new pair of sneakers or handbags or a car, it's awkward. Because if I had to tell my friends how much I spent on Uber Eats, down to the seats,
I would need to book myself an ayahuasca retreat to emotionally recover But then I will probably meet my future self and she's still spending money on the leads But that's exactly what our guest today does on the regular not the ayahuasca retreats I mean he might listen it's hard out here in our industry
Although if you do know of some good ones, slide into my DM, okay, but slide respectfully, okay? I'm sitting down with my good friend and comedian Fumi Abe. Now, Fumi co-hosts a personal finance podcast called Cash Cuties with his friend, Steffi Baker. And they ring up their friends and go, hey, you wanna go to my podcast? And their friends are like, of course, anything for you, babe. And then Fumi tells them, okay, bring your credit card, statements, and let me judge them.
And they do. More than 50 people have said, yeah, that's fine with me. Chop. My jaw is on the ground. The FBI needs to hire Fumi because you are never willingly getting that out of me. So let's get into it. And maybe learn some lessons about financial transparency along the way. Fumi, welcome to the show.
Hello, thanks for having me, super excited to be here. So, Fumi, as an icebreaker, let's do a little would you rather game, okay? So, would you rather be a finance bro or tech bro? And how would you define each of those categories?
Wow. Well, like, just coming from New York, I feel like finance, bro. I feel like they make more money. I also feel like they're less wholesome. You know, I feel like tech bros have a lot of money to, they don't know how to dress, maybe like more basic. You know, there was a time, if you asked me this five years ago, I would have said tech bro because it's like more of a chill life and
But recently, I've come to the conclusion that I really need to make a lot of money. So I'm going to go in and say finance, bro. Yeah, no. I saw your stand-up clip very relatable when you were like, listen, a lot of these artists and musicians I'm around, they have money because their parents have money. So I need to sit my fucking mom and dad down and say, hey,
What's going on with you? I remember I was doing a show in like a bleak retreat or something and it was a beautiful like newer I don't want to say brownstone but like I guess like it was a house like a townhouse. It was really big and my friends and I were like I wonder like how much this cost or whatever so it was right on in the West Village and we looked it up.
And it was so expensive, and we looked up the net worth of Aziz Ansari, and we were like, oh, he can't even buy this. And then we were like, who's buying this? And we're like, oh, just like hedge fund people. We forget that all those guys make so much more money than your famous celebrities.
Oh my God, yes, no. And everybody, people are like scrappy now. You see like so many musicians and artists are like getting into movies. And then so many celebrities are now like becoming influencers, like talking about lifestyle stuff, like doing some of the same stuff that like all these Tik Tokers would do. Like it's bad out here. Especially in New York for me. You know, we both live there for some time. Is that where you're from? For me, where are you from?
I'm from Ohio. Oh, I'm a midwest boy. Yeah, but I went to NYU so I moved to New York and I was like 18.
Okay, would you study at NYU? I was studying music business. Oh my god, you were gonna be fucking A&R for me? What are you gonna do? I was trying to do A&R like that kind of shit, you know, but it never happened. I started, when I graduated, I just started working immediately and advertising and I went there. Because the money was so bad. The money was so bad in music. It's so bad and it's so nasty. They have no union. There's no protection. They are really out here in the wild.
It is not good at all. Okay, so for me, we always like to ask our guest this question. So I'm gonna get a little into your personal business with your money, okay? Get into it. We like to ask, where the hell did your money go this past week? And if you were going to pull up your bank statements right now, like the guests in your podcast do, what would the receipt say? I will literally show you right now. I've got, I use Monarch. Do you use anything? Like toilet paper? I don't, what do you say?
No, there's like apps you can use to track all your expenses. And I use it to use taxes and stuff like that. Oh, yes. I have a very expensive app. It's called a business manager. Wow, really? It's like that. Oh, yeah. No, for me, I am so bad with money.
And I am so conscious and clear about it. Like when we did the BET Awards, they were handing out physical checks. I said, no, take this back. And one of the writers like, ex, I'm so happy that you're so aware. I said, no, that goes to Belva. Belva gives me my allowance.
See, okay, I don't know if this is, you know, gonna upset people, but when people say like, oh, I'm just so bad with it, I don't really know what that means because I don't necessarily think I'm good with it. Like I think people who say you're good with it. To me, that means like, oh, you know like about a lot of investments and stuff like that, like all the ins and outs and stuff. I'm not, I can't, I don't know how to do all that. Like I just stick to the basic plan, but in terms of just like,
keeping track for taxes and stuff. That's fairly easy. At least to me, because you just- That's not the issue for me. That's not the issue. I literally, wait for me. This is so funny. You're going to laugh at this. I was so poor.
Okay. I was working for so many fucking telemarketer, third party collections. All of a sudden you find out if there was just laundering money. I worked for so many scammy ass places, but I was such, I'm such a law abiding citizen. Like I grew up around criminals and I was like, I am so scared of jail. I don't want to go. I've had to go in there, visit family. I do not do jail. So I went up to the IRS.
to wherever you pay, not like the headquarters, but whatever is local to pay for your taxes, right? And I gathered, I was like, listen, these are all my tax returns. The past four years, I have not filed my tax returns because these people have been so scammy and they haven't sent me my stuff. Can you look them up? The lady looked it up for me and she said, you have not made enough money and we're gonna come after you.
She told me she said she said bitch you so broke we don't give a fuck about your gut You can take your broke ass gone act. Do you want some money here? Go and take $20 at the pot when you go back like for me I was so broke The lady was like she was like man the people that were coming after their six figures are higher Really high five six weeks higher. Literally for me. I barely had made maybe
30k in four years, like I just was like walked in and you're like, lock me up. They're like, no, you have $16 in the bank again. You're good. But yes, sorry for going off on that tangent phobia. Okay, so wait, what did you spend your money on this week? So, okay, last seven days, car insurance was $242.
It's so expensive. I have a Prius. It's not even a nice car. Ubers, 174. Restaurants and bars, 114. Oh, not bad. Yeah. Fast food, 73. WJ Union fee, $51, because I didn't make any money. Same. Same. Same to me. You and I are the same. Listen.
Listen, as soon as I book a gig, I'll put you on my insurance, you know? Go get your teeth clean. It just ended for me. The insurance at the end of September, actually. So I just joined my girlfriend's insurance because we're a domestic partner. Shout out to the girlfriend. Yeah. My phone, like my phone rental from my iPhone, the loan that I'm paying back is $38. Coffee shops, 10, public transit, 280.
Wait, what's the public transit? What was you doing for me? Well, I'm on the road sometimes. And sometimes like there's like a train that goes straight from the airport to like really close to where I'm staying at the hotel. Oh, got it. If I feel like the traffic is bad, I'll just do the train. Yeah. Even though Uber is reimbursable, it's like it's just faster on the train, you know? And I kind of like the train because you kind of get to see the city and stuff like that. Yeah, yeah, it makes me reminds me of New York. I like that too. Yeah. So this was, I want to say,
Portland maybe or Seattle. So it's from the airport to the hotel. So, you know, I've been good, you know? This is not crazy. Oh, yeah. For me as a good girl, Belva will love you.
You're Belva's not gonna make a dime off of me, that's the problem. She needs you. She does. Belva's literally the best. I talk about her every episode. She's literally my lifeline, my angel. I love two black women run my money. They're the best. So foams, the idea of your podcast, Cash Cuties, is that you and your co-host bring your friends on the show and then they hand over credit card statements for you two to judge with love.
So your friends are like literally handing over the charges on their credit card for you to look at. Where did the idea for this podcast come from?
I felt like money was really the last frontier in terms of people who are going to be open with. So I think that in the last 10 years, people have gotten really open about their sexual things, whether it's sexual orientation or identity or whatever. People are openly talking about it. I think when it comes to mental health, we've made really big strides with that. People are opening up about their traumas and Disney's making movies about generational
trauma and shit, you know what I'm saying? We're just talking about it as a society. It's mainstream now. But today, if you ask somebody how much they make, or even if you don't work together, just trying to get a sense of, hey, I'm interviewing for this new job, you do something similar to a different company. How much do you make? People get uncomfortable there. And I just kind of wanted to change that by getting, because I think comedians are pretty open about talking about anything.
Oh my god, yes. So just wanted to change that by like talking about it openly and hopefully like make people feel less alone about, you know, not even their struggles, but maybe their spending habits or maybe their lack of knowledge and what they're supposed to be doing. So yeah, I just, I think it's really important to talk about money openly. And I think you can do that without like,
Standing over somebody like you know your entire taxes or how much you made or whatever like you can just do that by Talking about like how you're investing or like what you're not doing or what are your vices? That's always interesting to me is like you know for you. Maybe it's like weird murals, you know That looks expensive as hell by the way It was shout out to very gay paint they're coming here on Saturday to do my door to do more oh
Yeah, yeah, for me. I believe, I didn't know what it was called, but now I looked up, it's called Dopamine Decor, and it's like literally everything in my home makes me so happy. I can't wait to type book a job so I can reapposter my couch. I want it to be orange sherpa. That's my thing. I love furniture. I love a frame. Belva doesn't have to worry. I'm not buying fucking Birkins. I don't do coke. I don't drink at all. You know, I don't have a weed habit. I don't smoke, but like, oh, bitch. Lamp?
Oh, I'm feeling like a motherfucking crackhead for me. I said, oh, well, I need it. I think I need it. That's so funny. Truly, truly, truly. OK, so what is the craziest money store you have ever heard from a guest or like the wildest thing you've seen on someone's bank statement? Or maybe like the most unexpected, but just like gadget. You were shocked. You were like, oh.
Okay, I'm just gonna tell this to an order that pops up in my head. The first one is like, this isn't even like the way they spent money. This is somebody who like had moved to the States from Taiwan. He's a comic now, but he, I think he went to like a bad school. And so there were like a lot of like gang members and stuff. And so he kind of got like involved in that. And so when he was a teenager, like 13, 14, 15, he was like,
Selling drugs and like breaking into people's homes and then they like went to New York City with this friend like when they were 15 to like party and go clubbing and he was making like thousands and thousands of money like just all in cash and More than what he knew he could do with at the time. This is like in San Diego or something like that, but
Of course, San Diego, where all thugs reside. When you look out on that coast for me and you see that beautiful ocean and you see all those white people jogging with their German shepherds, you're just like, this is thug living. But you know what? You make fun of that, but those white people, their kids, they're the ones buying the
For me, absolutely. There was a DVD back in the day, me and my ex would fucking get tacos and watch this DVD called Hood to Hood. And it was interesting to see the white boys that it's just like, wait, you come from money. And not every white boy comes from money, these specific white boys, right? But it was just like, wait, why do you want to do it? It's such an appeal. There's such a draw to be equated with
You know, the thug lifestyle. And it was just like, wait, we have trauma. Like, do you just see this crip walk? Like, you were like, this is a cool dance. You know, I just want to do that. It's like, that's not all that this is about. Right, right, right, right. You know, so that's interesting. You're a Taiwanese homie. So that's, no, I believe that. I think there's hoods everywhere. So he just like, he was just like balling out, like just fucking we ball.
Yeah, but honestly, I think when I started the podcast, I thought that I would find like more crazy things like, I just bought a sports car, whatever. But what's really what you realize through talking to a bunch of people is that the real crazy is in like the daily habitual things. So it's not like, oh, I just bought this crazy, you know, Gucci jacket for 5k. It's like every month I spend $3,000 on DoorDash.
And that's a lot of people. It's most people, especially in LA, because I don't think there's a walking to a restaurant culture here. I feel like everybody's doing DoorDash. When I interview New York people, their DoorDash spending is always a little less. Not to say that their restaurant spending is not high, but I think they just walk to a place and get takeout as a person.
here, you gotta do DoorDash, but everybody's spending that like 10, 15% premium on it. Dude, like people in their 20s, they just don't cook and they're spending thousands, thousands of dollars on DoorDash every month. And to me, because I don't do that at all, I like never ordered DoorDash. So like, to me, that was like a huge, consistent culture shock that I would experience.
Today's episode is sponsored by Acorns. Did you know that last year, save more money was the most popular resolution in America? And baby, I totally get it because it feels like I end up spending $100 every time I leave my house.
Good thing there's acorns. Acorns makes it easy to start automatically saving and investing so your money has a chance to grow for you, your kids, and your retirement. You don't need to be rich. Acorns lets you invest with the spare money you've got right now. You can start with $5 or even just your spare change. Now, you know, your girl is not a financial expert. That's why I bring on guests who actually are. But I don't need to be an expert to use acorns.
because it recommends a diversified portfolio that fits me and my money goals. Right now my goal is to get more of my apartment walls painted. Okay, I got seven walls, we've got two painted, we got five more to go. And I know acorns can help me get my act together without Belva getting mad at me. Okay?
Head to acorns.com slash doe or download the acorns app to start saving and investing for your future today. Paid client endorsement. Compensation provides incentive to positively promote acorns. Tier one compensation provided. Investing involves risk acorns advisors LLC and SEC registered investment advisor. View important disclosures at acorns.com slash doe.
This is an ad by BetterHelp Online Therapy. Every January brings you 365 blank pages waiting to be filled. What do you want your 2025 story to be? Therapy can be your editorial partner, helping you craft the next chapters with intention and purpose.
BetterHelp offers therapy 100% online with a diverse network of over 30,000 therapists worldwide. Visit BetterHelp.com today to get 10% off your first month. That's BetterHelp, H-E-L-P.com.
I mean, how much are you spending on DoorDash? Sounds like that's your... Okay, I'm not a DoorDash girl. I'm an Uber Eats girl. I'll put the same thing on our name. Okay, okay. Now, if you want to ask me what I've spent so far this month... Yeah. On Uber Eats, let me see. Because I've been a very good girl. I've spent $100 so far.
a hundred dollars so far. Okay, that's not bad. That's not bad, but oh, for me. There have been, especially in the pandemic, there have, ooh, I was spending somebody's mortgage on
on that because I had me and my brother here so it was like getting bad and then finally we broke down and I was like Papa Monday through Thursday we cook every day and we eat leftovers Friday Saturday we eat out we eat our leftover Sunday we prep you know like I had to get us on a thing and sometimes we would just leave and walk and go pick up something just just to look forward to something
in the pandemic like it was like we can get out of the house, right? It's crazy because people who are spending that much, it's not even like they're making that much money. And to me, because every door dash today in 2024 seems to be like $30, $35 if you want to eat and be full with all the fees, it's going to be like at least $30. To me, that's like
A lot of money, I could get a really nice meal for $30, $40 at a restaurant. To me, even if you get a stupid sandwich, it's got to be $30. I try to do everything I can not to do that. I don't know if it's because I always come from a place of scarcity where it's not enough. If I get hungry and I don't want to spend, I'll drive to the Whole Foods and I'll get a sandwich, which is $10. I'll do shit like that.
Or to go to like the Japanese grocery store and they have a little like bentos for like $9 or whatever I try to I try to eat under $10 if I want to eat out for lunch Oh my god for me We're like I feel like we're on extreme sides of the spectrum because I feel like I come from a scarcity mindset So sometimes I feel like I deserve it, you know because I never had it But then there's the opposite where I feel like you are on the other side of the spectrum where I go like no no no cuz it could whoa
You know? But I feel like that influences, maybe you can let me know if that influences how you approach work too, because for me, I feel like I want to work so much, I want to work so much, I want to work so much, because I'm like, this could all go away, you know? 100%, 100%.
But I think, you know, I mean, obviously I will have to make it, I don't come from poverty, just like regular class. Guy lived in New York since I was, I mean, since I graduated, I was kind of on my own financially and New York is not a cheap place to live. So like, yeah, I think I'm always coming from that perspective. But you know, it's interesting, like it took me like a really long time. Honestly, it's probably took me like 10 years, maybe five to 10 years. But I think at a certain point, you have to like chill with that mentality because, you know, I didn't go full time comedy until
2020 when I got a job like making like digital content for Comedy Central it had like a thing and that was like a full-time Permalance job, so that's when I quit But then I was like oh, but I have like a paycheck coming in every week So this is fine. It's like a little bit less money than I was making but like still doing comedy for a living That's really cool that ended and then I got
I got the right on James Corden show like immediately after that and I did that for like a year and a half so there was like a two and a half period where like I was just full-time comedy and I felt great about it but then when that ended I couldn't get something right away and there was a moment where I was like oh do I need to go back to like advertising like whatnot I don't have like a paycheck coming in and I think like
Once you commit, and I don't know, maybe this isn't the best advice, but you really have to just commit and keep going and understand that like, hey, when you're working, save some of that shit so that when you don't maybe consistently work for a year, you do little stuff obviously here and there, but when you don't have a consistent paycheck for a year, you're not sweating because you have a lot of money in the bank account. And so I've learned to be comfortable with not having a paycheck come in every week.
Those two years, but I didn't have because I think one of those years was a strike. So for most of the time, I didn't have anything consistent. I was just doing like stand up weird voiceover work on the road. And like, I was so nervous about not having a job, but I did okay. Like I didn't make six figures. But when I did my taxes, I was like, Oh, I made like $90,000 like just doing whatever. And I was like, Oh, that's like amazing. You know, that's.
That's the fucking dream, you know? It was like, to me, that money in my mind is worth like half a million dollars because I did it doing comedy. I didn't work a desk job, you know? So like, I think those two years, it was really important because I learned that like even when shit hits the fan, I'm not only financially responsible enough, but also like,
I'm a survivor. I will make something work where I will not end up on the streets. And you have to teach yourself that. Because if you're always coming from a place of scarcity, maybe sometimes I do deserve a nice meal, but I don't do it because I'm like, oh, I'm going to lose my job or whatever. But you've got to live life.
You have to chill. It's better for your mental. So like, I think you got to have a little bit of both. You know, you should save, you know, we see all these stories about like NBA players, like rookie season, they get all this money and they buy like five G wagons and three homes and now they're broke and they break their ankle and now they can't play, you know? So we shouldn't be doing that kind of shit, but also like you got to live your life. And then like, if you want to do entertainment, like you have to be chill with like the pauses. You have to learn how to live in those pauses or else you're going to drive yourself crazy.
Yeah, Belva says, she reminds me, she says, the feast is here, but the famine will come. She always says that. And I think to your point, you need to be able to save, but you need to be able to know how to enjoy your money and live in abundance. It's okay to have that in spurts. Did your parents teach you about that? Or what did they teach you about money? Or what did they say or not say even with their actions?
You know, they never, like, sat me down and taught me anything. They just taught me through example. But their case is weird because I think, like, a lot of immigrant parents, like, they just saved. They saved, like, a motherfucker. We didn't, like, I remember when I thought of the FAFSA form. So, like, my mom didn't work because we moved here from Japan and she wasn't allowed to work. So it was my dad just working. I saw how much he made. And it honestly wasn't even that much. And I was surprised he was able to
Support for people with that salary, you know, but like they never really talked about it, but it was a lot of saving They never talked about investments. I think coming from Japan That's a country that doesn't really like the country takes care of you when you retire So the average person doesn't have to like open up a fucking vanguard account and like Learn what a ETF is really like the average person like you work and you have a pension and
We have universal, you know, basic whatever, healthcare or whatever. And then we have a pension. And so my parents, my dad still works for Japanese companies. So he was on that mindset. So he'd never like, I didn't learn anything about finance. All I learned was save, be conservative. Like, and so when I first got my credit card, like I, I used it like a debit card. I never spent more than I had. And it was so weird because in college, some of my other friends get credit cards. And they were like, oh, this means that you can buy more than your means. Like you can buy more than what you have.
And we had completely two different understandings of what a credit card was, but that just came from what they grew up seeing, right? Like I had friends who were like 22 who was like, oh yeah, I've got like a couple thousand thousand credit card debt, but it's all good. And I'm like, dad, like what are you talking about? Like the only debt I thought you should have at that age was maybe like college loans or something. If you took out some money to go to college.
So they talked so like I think they taught what they taught me will forever Allow me to like survive and like not end up on the streets and like even if everything went wrong I'll still be doing like okay, which is awesome But that said, you know if you want to make it to the next level in America, baby You got to invest and I didn't know anything anything about that shit. I don't know anything I
Obviously, I had like a retirement plan through the advertising company I was working with but I never looked at it I remember they were like we do we do matching and I was like I don't know what that means I want more money than bank account So I never did that matching thing like they were like we match until so what they meant is like if you contribute 10% of your paycheck to your time and account the company also puts in 10% So that's free money, but I was like if I did that I would have less money in my bank account every right now
When I was 22, I was like, that feels weird to me, like I want it. So I didn't do the matching, and I did that for like eight years, and people were like, that's so dumb, you just said no to free money. Like little shit like that, that I've made mistakes over it, you know?
Want a sneak preview of hot new audio books? Then check out Your Next Listen, a new podcast from Lemonade Media and Simon & Schuster Audio. We've got everything, the hottest new thrillers, best-selling celebrity memoirs, and swoonie romances. And these aren't tiny clips either, they're entire chapters you can listen to. Your next listen is out, November 11th, wherever you get your podcasts.
Hi, I'm Emily Deschanel, and I'm Carly Gallo, and we're here to bring you... Boneheads! The official Bones Rewatch Podcast. 16 years ago, we met on the set of the TV show Bones and have been friends ever since. I played Dr. Temperance Brennan, and I played Daisy Wick. We're starting from the top and working our way through all 246 episodes. This show allows us a very long, very long...
Tune in every Wednesday to laugh with us, to cry with us, to cringe with us, and hear all our juicy, behind the scenes stories. Boneheads from Lemonade Media is out now, wherever you get your podcasts.
There's something else that I'm curious to know about like your podcast. I feel like it's like a special talent to get people to be able to like talk about like money and make them be so vulnerable. But what you all do in your podcast is more honest than I think anyone has ever wanted to be about money. And obviously when you talk about it, like for pay transparency and equity, you know, for example. So why do you think it's so uncomfortable for people to talk about their finances?
Okay, so one valid reason about why people don't want to say how much they make or got paid on something, which I understand is it doesn't really apply for like writers and actors because we have a union. And so it's like, if I'm a story editor, you can look up online how much story editors make and you cannot go below that or above that or like we have to stay in that range, right? But I think for a lot of freelancers, like if they give up their worth,
Then someone can someone they were saying, like, oh, if that clip goes viral or something, then somebody who hires me to do modeling or graphic design knows that that's how much I charge. And even if they have more money, they would, they would quote me at that. So it's kind of like if you give away as a freelancer, if you give away what you're worth publicly, uh, that could prevent you from making more money than future. I understand that. I don't think it's going to happen, but, you know, that's the hesitancy for talking about how much you make, but, you know, like, just like not on a, not in a public forum, like,
I think it's okay to ask, you know, people, how much people make. I think people get uncomfortable because if you make a lot of money, they don't, because the people who don't make a lot of money, they can't shut the fuck up about money, right? They'll tell you. I make 30 can three years. You get that in 20 seconds into the podcast, you know what I'm saying? Like people who make a lot of money, they don't. I think they're afraid to like make other people feel bad or maybe they think that they will view them differently because if I found out like,
you know, somebody makes $800,000. Like, I'm gonna look at them a little bit differently for sure, you know? But we said, I'm gonna look at them like I wanna rob them. Okay, so this is like a dream guest question for you. If you could have anyone on cash cuties to look at their bank statements, who would it be? To me, it's not who, it's more like, I've always, and I don't know if this is possible with like internet data, but I would have loved to like,
if there was a time machine or something like, I would love to take a famous person. It could be Jeff Bezos, it could also be like Keanu Reeves, whatever. And like, show me a credit card statement before you made it and after you made it.
Right. So like, how are you spending your money? Like Aquafino, whatever, like before that YouTube video went viral in like 2007. How are you when you're trying to make it as an actor or whatever? What were you spending? How much was rent? Where were you living? You know, show me that percentage breakdown of like.
How are you respecting that paycheck versus now? What are you doing? And I wonder if there's any like commonalities? I wonder if you've really changed if there's certain things that didn't change and you know And I think like we had a peep bomber on the podcast. He's the son of Steve bomber who owns the LA Clippers former CEO of Microsoft and like that guy drives like a forward focus That's you know, he doesn't really need to show off his wealth, but see that's the other thing X is like
Like we're just talking about like so I'm like I got into basketball like in the last year So I'm like I'm super obsessed and I'm watching the starting five on Netflix and like Anthony Edwards like all these new guys driving like these insane cars and like yes He's making so much money because he's a great player, but like you know that at the end of the day These guys like Steve bomber and their family they probably have more money than these NBA players, right? Absolutely put together. This is like tech
legacy money. This is not like this is wealth. It's not a flash in the pan, right? It's wealth, not, not rich, right? And so, but then like you see a guy like when I met his son, I was like, oh, you drive a Ford Focus. You wear like old Navy or like a regular dude because real wealthy people know how to make that shit grow and they know it's not through a Lamborghini. Absolutely. They know that it's through a Honda Accord.
Yes. Well, here's the thing for me. That's my mindset. I don't even have 0.001% of the bomber families money, but I've never had a car note. Every time I've lived in LA, obviously in New York, I didn't need a car.
And I remember my homeboy before the blackening came out, he got in my truck. And it's a 2006 Toyota Sequoia. It's a truck. And I don't like this apartment, but she's a big truck. I love a big car, right? And he was like, oh, guys, so when the blackening come out, you're going to try this. He can get you a new wig. We're going to be rolling in a rain drawer. I said, no, we're not.
I said, why would I do that? You're going to see all my money in my home. You see what I'm saying? You're definitely going to see it in here and the quality of my dishes and everything. Also, the way that I fly, the way that I have accommodations, you're going to see it there. But for me, it never logos my mom, make sure to put our value in integrity and being able to do what the fuck we want to do in life.
owning your own time, you know? Like if I want to work all day to day, I can. If I don't, I don't, you know? And I think that type of mentality is something so important to have because the thing is for me, if my overhead, if I make more money and my overhead gets higher as well, that's how you get fucked up. That's when you're just like Robin Peter to pay Paul and you're just trying to play catch up.
I will add just the fun fact I learned from the door guys at the comedy store. I'm glad you answered that way because Ali Wong, who is a new Netflix special, apparently, you know, we all know she's rich. She drives like a 2006 Toyota RAV4 or something. And I know that because people, when she pulls into the comedy store, the door guys have to like park the car for her. So I asked like the valet people and they're like, oh yeah, she's got like a regular ass Toyota.
No, you don't need to, and Fumi, you don't need to see me comment. Yeah, yeah, yeah, yeah. You don't need to know, baby, I could be wherever I need to be, wherever I'm good on any M.O.K. Boulevard. I could pull up to any hood, ain't nobody checking for me. Oh, that's ex's car, nothing. Even people know I love colors. You see my house, it's very colorful. They were like, you don't want it, my car is black. They're like, you don't want to get your car pink. I said, don't nobody need to know why I'm at what I'm doing, why I'm doing it. 100%.
Okay, so lastly, we're gonna end on a game called, How Much Would You Spend? Okay, you ready to play for me? Okay. So I'll give you some scenarios and you'll tell me how much you would spend, okay? So first scenario, you and your boo pull up to a fancy restaurant. You hand your car keys over to the valet, which costs $25. How much are you tipping? Ah, God. I hate tipping, but I'm gonna give this guy, I guess $5. Good job, good job. As someone who worked in the service industry, I'm like, please tip, tip, tip, tip.
Okay, so you're going on a first date with the girl you met on Tinder, guys, this is, he's faithful. This is just a scenario, right? We're not putting out any fake news. For me, he loves his girlfriend, his domestic partner, okay? But just for the scenario, you're going on a first date with the girl you met on Tinder, what is the price range of the restaurant you pick? Like how much per meal?
Interesting. I would say for a first day, between the two of us drinks some food, some apps, some entrees, between the two of us, I don't want to spend like over 200. Good job. That's what I was going to say. Good job. For a first day, for a first day. Yeah, for a first day. Yeah. Also, you better than me. For me, if somebody want to take me out, I don't know if you're worth my NARS makeup and my Spanx and my good bra. Let's go to this mint cheese. Let's get this frozen yogurt.
And let's see, you know, you need to feel me out. I need to feel you out. I don't know if I feel like doing, you feel me in life. Okay, so last one, your friends are getting married. They only ask for cash for their wedding gifts. How much are you giving them? Oh, I just did this.
I give him like 200 bucks. Good job. I don't know what I was going to say. Yeah. I love that. I'm registered at JP JP Morgan and Chase. Don't don't give me no fucking pot. Don't give me no pot. I'm registered on cash app. Don't do that shit. Oh, sadly, we are at the end of our show. Oh my God. For me, I could talk to you all damn day, but you have to let the people's know where they can follow you on socials, not just you, but cash cutie.
Cool, well you can find, thanks for listening by the way, but you can find me on Instagram and TikTok at the Fumi Abe, the C-H-E-F-U-M-I-A-B-E. I post a lot of stand-up clips on there. I'm also on tour, so please come see me, come through, and then I also have a podcast called Cash Cuties. We're currently on hiatus, but all stuff is still on there, so Cash Cuties, wherever you're listening to this podcast right now, you can find us. We're also on YouTube, too, if you want to see the video version.
Yes, okay, we have to follow Fumi on all things. So yes, Fumi, thank you so much for joining me on my podcast and I have to come on yours. But I can't show all my state because I'm embarrassed. You can take out whatever you want. You can take out whatever you want, yeah. Okay, I definitely will. Thank you for joining me Fumi. Thank you. Bye. Bye.
Y'all, I love for me. Okay, truly a superstar comedian, I can almost see why people want to come on his show and tell them all of their business. Now I know we can't all be that honest all the time, but I do think we could be maybe 30% more honest. That feels like a good number.
Normalizing the conversation around income and spending can be empowering. It can help others make better decisions with their money, get help when they need it or advocate for higher salaries. And we learn we are all a little weird about money. So come join the weird with Money Club with me. We have Uber Eats.
The dough is a limonata original. I'm your host, Xmayo. This series was created in partnership with Flourish Ventures. This series is presented by the Margaret Casey Foundation. Our producers are Tiffany Bowie and Donnie Mathias. Kristen Lefour is our senior producer. Mix and sound design by Bobby Woody. Original music by Pat Masidi Miller.
Jackie Dan Ziger is our Vice President of Narrative Content. Executive producers include me, Ex Myo, Stephanie Woodles-Wax, and Jessica Cordova-Cramer. Help others find our show by leaving us a rating and writing a review. You can follow me on IG, at $80 in a suitcase, and limonata at limonata media across all social platforms. Follow the bell wherever you get your podcasts or listen ad-free on Amazon Music with your prime membership.
Thanks so much for listening. See you next week. Bye.
Hi everyone, Gloria Riviera here, and we are back for another season of No One Is Coming to Save Us, a podcast about America's childcare crisis. This season we're delving deep into five critical issues facing our country through the lens of childcare, poverty, mental health, housing, climate change, and the public school system. By exploring these connections, we aim to highlight that childcare is not an isolated issue, but one that influences all facets of American life.
Season four of no one is coming to save us is out now wherever you get your podcasts. Why hello there. This is your pal Sarah Silverman. You know the stand up comic that's not afraid of a diarrhea joke. Oh my God, I'm so brave. I hope you're enjoying this podcast that you're listening to. I am just dropping in here to let you know about another podcast I think you'd like and it's called the Sarah Silverman podcast. Each week listeners from all over the world call in and they ask me for advice or they talk about something going on in their life.
anything. They're silliest, grossest, deepest, darkest situations. And then I respond, whether I'm qualified to or not. Go ahead, search for the Sarah Silverman podcast wherever you get your podcasts. Bye.
Was this transcript helpful?
Recent Episodes
How to Build A Plant Empire with Eliza Blank
The Dough
Eliza Blank discusses building her plant business, The Sill, with a focus on accessibility, her hustle from Kickstarter to hand-deliveries in NYC, and advice for fellow female entrepreneurs or anyone struggling to care for their plants.
January 16, 2025
Reality TV Star Turned Vagina Mogul with Lo Bosworth
The Dough
Lo Bosworth discusses her struggles with health issues and founding Love Wellness to revolutionize feminine care products, sharing experiences bootstrapping her business and future gummy product trends.
January 09, 2025
Introducing: Cash Cuties (featuring Fumi Abe)
The Dough
Comedian Fumi Abe and Steffie Baik analyze friends' credit statements with comedian Chinedu Unaka discussing strategies to save money through traffic law violations, poker wisdom, and tips on receiving inheritance from wealthy relatives.
December 26, 2024
Slay the Stock Market with Delyanne The Money Coach
The Dough
Delyanne The Money Coach shares tips on retiring early by investing wisely and generating passive income, based on her own successful experience. She now lives in Portugal.
December 19, 2024
Related Episodes
Introducing: Cash Cuties (featuring Fumi Abe)
The Dough
Comedian Fumi Abe and Steffie Baik analyze friends' credit statements with comedian Chinedu Unaka discussing strategies to save money through traffic law violations, poker wisdom, and tips on receiving inheritance from wealthy relatives.
December 26, 2024
Greetings Fellow Deadbeats
Bad With Money With Gabe Dunn
"Bad With Money With Gaby Dunn" is a show discussing the struggles of financial planning with artists and family members. Topics cover money-related existential crises.
August 16, 2016
61 - MONEY - We share a bed with them, so why don't we share our finances with them? + the surprising connection between money, sex & food
OPENHOUSE with Louise Rumball and leading therapists
Louise, Dr. Alex Melkumian, and Ellie Austin-Williams of This Girl Talks Money discuss various aspects of money's impact on individuals, including intergenerational cycles, caregiver influences, connections to sex & food, happiness thresholds, retail therapy, money taboos, and difficulty discussing it with partners. They also touch upon the concept of normalized addiction in retail therapy.
November 07, 2022
Show Me the Money! with Ramit Sethi
Unsolicited Advice with Ashley and Taryne
Finance coach Ramit Sethi shares wisdom from his book 'I Will Teach You To Be Rich' on this episode of Unsolicited Advice Podcast.
April 17, 2023
Ask this episodeAI Anything
Hi! You're chatting with The Dough AI.
I can answer your questions from this episode and play episode clips relevant to your question.
You can ask a direct question or get started with below questions -
What is Fumi Abe's reason for discussing money taboo?
How does Fumi budget with friends on Cash Cuties?
What is the most alarming spending pattern Fumi found in Cash Cuties?
What are key takeaways from Fumi's discussion of scarcity and abundance?
What practical applications did Ex and Fumi reflect on for better financial practices?
Sign In to save message history