Who Are You?
My name is Angela Lim.
Some people like sports and some people like fashion – I’m one of those fairly rare 20-something-year-olds who, sometimes too passionately, likes to talk about personal finance. [Try using that as a Tinder profile hook ;)]
As a hobby, I help people with their personal finance problems. I’ve been a guest speaker several times for UCI’s Financial Literacy Association and the Center for Investment & Wealth Management. I also help friends, family, friends of friends, etc. get on track with their financial goals. I am not a certified financial planner, but I do my research and make sure all my information is accurate.
Why Do You Do This?
I want to help people gain stability and control over their lives through financial literacy. Many people don’t start thinking about their personal finances until it’s way too late. This can lead to a stress, financial ruin, extreme vulnerability, and/or no hope for retirement. If I can help prevent this future for at least a few people, this is worth it for me! I’m definitely not doing this for my own financial gain, it’s more of a passion project for me.
What's Your Background?
I graduated with a bachelors degree in Business Administration with an emphasis in finance and accounting from the University of California, Irvine. I then worked for Amazon as a financial analyst for 3 years. After that, I started working with my dad as his Operation Manager in the real estate industry. While still working with my dad, a previous manager of mine reached out to me and I ended back into Amazon as a financial analyst.
How Did You Get Into Personal Finance?
It started with wanting to understand how personally manage my own finances. And while I was learning about it, I realized how financially illiterate many were due to personal finance not being taught by most schools or parents. I started this blog as a hobby because I noticed other finance blogs speak in jargon that’s hard for regular folks to understand and didn’t go into all the necessary details. I’ve also personally met people who didn’t know what “interest” or “principal balance” meant and definitions they found online confused them even more. So, I make posts that’s (hopefully) easier to understand for those who have no financial background.
What's a Financial Mistake You Made?
This goes for everyone, DON’T automatically listen to your parents when it comes to money. Most people adopt their parents’ money habits and this can be very dangerous. Just because your parent told you to take that loan or buy that stock doesn’t mean you should. DO your research!
What Financial Services Do You Use?
This is not sponsored and I would encourage you to do your own research on which companies is right for you, but here is what I use. Budgeting: YNAB. Credit Card: Chase. Investing: Fidelity. IRA: Vanguard. Savings Account: Ally.
What Other Interests Do You Have?
I like to laugh and make others laugh, so I took a stand-up comedy class and improv class. Some of my favorite comedians are Mark Norman and Conan O’Brien. I also like to play Words with Friends and Boggle. They’re nice stress relieving games for me. My sister started a book club and we’ve been reading one book a month.