CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore are back for another “Know Better, Do Better” series born from the countless conversations they have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They want to help you gain financial confidence and clarity to control your destiny.

In this episode of the series, Lauryn and Chloé begin a three-part series on types of equity compensation, more commonly called “stock options”. Chloe specializes in working with individuals in the tech industry and those who receive equity compensation. There are a few common mistakes she sees people make so she is sharing tips to help you know better so you can do better. 

In part one of this series, Lauryn and Chloé dive into RSUs (Restricted stock units). They talk about:

• What RSUs are and the types of jobs that offer them as equity compensation
• How you receive RSUs from a company
• The importance of understanding the terms and restrictions that may apply
• The tax requirements you need to know about if you receive RSUs
• The difference between RSUs from a public vs private company
• Two questions to ask yourself when deciding if you should hold onto or sell the vested stock
• The common mistakes people make when receiving RSUs and how to avoid making them yourself

If you want to further connect with Lauryn Williams:

• Instagram: @worthwinning
• Twitter: @worth_winning
• Facebook: @worthwinningfp
• LinkedIn: @lauryn-williams

If you want to further connect with Chloé Moore:

• Instagram: @financialstaples
• Twitter: @finstaples
• Facebook: @finstaples
• LinkedIn: @chloemoore

RESOURCES MENTIONED:

• Salary negotiation strategies everyone in tech already knows — but you don’t
• How RSUs Can Help You Reach Your Financial Goals
• Worth Listening Episode 114: "Know Better, Do Better" Investing Part 2 Types of Investment Accounts
• Worth Listening Episode 107 ”Know Better. Do Better. Series” Planning for a Financial Windfall

Coming up next

The next episode of the Know Better. Do Better series, is Equity Compensation Part 2 covering the stock options.