So Money with Farnoosh Torabi

Today’s show covers the ins and outs of LLCs and S-Corps and how to determine which one (or both) is best for structuring your business. The guest is Hannah Cole, creator of  Sunlight Tax.  You can visit  Sunlight Tax  for resources mentioned in today’s episode. (This episode aired originally on May 13, 2024) Check out Hannah's free LLC mini-course . Learn more about Farnoosh's...

This week: A recap of the stock market's volatile run, navigating pre-nups with your beloved, inheriting money when you don't really *need* it, and advice for how to adjust the financial arrangements in your marriage. Enter to win a free signed copy of A Healthy State of Panic. Sign up for Farnoosh's weekly newsletter. Join the So Money Members Club . Check out our recent episode on inheritances ....

Tiffany “The Budgetnista” Aliche, is back again with important financial advice, as we navigate life's uncertainties. How do we get financially creative to solve current economic challenges? What's the best way to prepare kids for managing an inheritance? What are some items we tend to overlook when estate planning? Tiffany's latest financial tool is a new workbook called  Made Whole: Th...

New York Times  bestselling author of  Take Back Your Brain ,  Kara Loewentheil , unveils her proven strategies for closing the “brain gap,” and how women can reclaim their financial confidence in a patriarchal society. Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more informatio...

This week from the mailbag: Thoughts on playing the lottery, investing in real estate syndication, selling a home you inherited, and how much financial transparency is necessary in a marriage? Referenced on the episode: Interview with co-founders of  GoodEgg Investment. (This episode aired originally on March 22, 2024) Read the Amazon scam article in The Cut | Download Farnoosh's cribsheet fo...

I know some might be looking for a "man in finance," as the viral TikTok goes, but I wanted to find a woman in finance and learn about her rise to the top and how she’s balancing the demands of work and her personal life. Alyssa Schaefer is the General Manager and Chief Experience Officer at Laurel Road , a digital banking platform, where Alyssa oversees all aspects of the business, including Mark...

J. Dana Trent joins to share stories from her childhood as the daughter of a drug dealer, taught to cut up weed as a pre-schooler to support the family business. Her memoir, Between Two Trailers , chronicles the trauma from her troubled past and Dana's ultimate reconciliation with her past life and parents. More about J. Dana Trent: She is an accomplished professor and award-winning spirituality w...

Guest co-host Georgia Lee Hussey, founder of Modernist Financial , joins to share insights into how to manage your money during an election year and to help answer audience questions about paying off a mortgage early, budgeting for a newborn and investing in your 50s. Links mentioned: wealthramp.com/farnoosh and 36 Questions for Civic Love. Learn more about Farnoosh's upcoming literary workshop Bo...

Has your financial anxiety increased with the uncertainties around this year's election? Guest Aja Evans , a board-certified therapist, speaker, and writer specializing in financial therapy, shares insights into how and why election years typically cause heightened financial stress -- and how we can work through economic and political unknowns. Aja's forthcoming book, Feel Good Finance , is a judg...

Today we have the singular Glynnis MacNicol, journalist, memoirist and author of the new book, I'm Mostly Here to Enjoy Myself: One Woman's Pursuit of Pleasure in Paris . We explore what it means to be a woman untethered, single, child-free and a quest to have fun -- for fun's sake. Gylnnis' memoir takes place during the summer of 2021, as she ventured from NYC to Paris during the global pandemic....

Today’s show: The benefits of credit cards, recommended stock portfolio allocations and resources for helping kids learn about money. Plus: How to execute a rollover or backdoor Roth IRA? (Questions are an encore from April 19) Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

With a frozen housing market and a lack of housing supply, what's the best way to navigate the housing market? Should you become a lifestyle renter? Guest Daryl Fairweather  is a trusted source in the real estate market. As a female, millennial, and woman of color, Daryl brings a fresh perspective to housing topics and economics. She shares insights into what's driving the current h...

We can bury the #girlboss, but what comes next? Guest Samhita Mukhopadhyay is the former executive editor of Teen Vogue and author of the new book The Myth of Making It: A Workplace Reckoning , in which she tells her personal workplace reckoning and argues for collective responsibility to reimagine work as we know it. Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird...

Today’s show is about managing and making the most of an inheritance and other windfalls. The Great Wealth Transfer is unfolding, with a record number of assets passed down from generation to generation. Members of our audience have specific questions about this, and to help answer our questions, we have Pam Krueger, who is the founder of Wealthramp , a platform that matches you with qualified, pr...

On today's show, a conversation about financial wellness and resilience with Keri Glassman , a renowned health expert who understands firsthand how to rebuild your financial life after a financial crisis. The infamous financial criminal Bernie Madoff deeply affected Keri's family and their finances. More about Keri Glassman, MS, RD: She is a nationally recognized Registered Dietitian, acclaimed au...

Guest Carrie Kerpen, the founder of the agency Likeable, sold her business for 8 figures and teaches women founders how to successfully exit their businesses. In the financial world, there are many gender gaps: the wage gap, the investing gap, the funding gap, and the "exit" gap, where exclusively female-founded companies capture a minuscule 0.8%   of the total exit value. Carrie shares tips...

This episode aired originally on Friday, May 31. Pam Krueger, founder of Wealthramp , joins to help answer audience questions about the ins and outs of life insurance, investing in the U.S. stock market, and credit card debt relief. Listen to Pam's interview from earlier this month, discussing ways to find a great financial advisor. Wealthramp is a platform that has matched over 20,000 individuals...

What are the secrets to having effective money conversations? Pulitzer-prize-winning journalist and author of the NYT bestseller Supercommunicators Charles Duhigg shares science-backed ways to communicate successfully about money, work, and life. This episode aired originally on April 3, 2024. Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open...

Guest Neha Ruch, founder of Mother/Untitled , discusses the often deductive ways society characterizes stay-at-home mothers and is on a mission to rebrand this role to bring more dignity and respect to parents choosing to take a break from their careers to support their children and families. Neha's forthcoming book The Power Pause: How to Plan a Career Break After Kids--and Come Back Stronge...

Learn more about the So Money members club and our monthly workshops here. How to prepare for the spring home buying season, pivoting in your career in your 40s, Roth rollover rules and more. The Q&A portion of this episode first aired on March 29. Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for m...

Today's episode focuses on ways to manage financial stress and burnout. Guest Kate Northrup is a financial expert, author, and host of Plenty who believes paying attention to nature and your biology can help inform how and when to pursue growth and when to scale back.  Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. S...

Today, we're in discussion with a a financially exceptional couple, Katie and Alan Donegan, who managed to quit their day jobs and retire when Katie was 35 and Alan was 40. We’ll hear how they calculated for this accelerated plan, how they’re living out their early retirement dreams, and advice for listeners on determining how much one needs to save for retirement. Learn more about the Donegans an...

Today's episode dives into many of your biggest questions about retirement: How much is enough for a typical retirement? What are the best ways to save and invest towards this goal? Do I put it all into my 401(k) or spread it over multiple retirement accounts? What can we expect from social security? How to prepare for unexpected health expenses in retirement? Should I hire someone to manage my re...

How to create a 7-figure side hustle? Guest Rachel Rodgers is the CEO/Founder of Hello Seven, an award-winning company that teaches women, BIPOC, and LGBTQIA people how to build a seven-figure business and create generational wealth. She’s the author of  We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power. Her new workbook, Million...

Whether you're an entrepreneur or not, retired or at the beginning of your career, most of us have personal brands. We're trying to push something forward, and much of what we've been taught about connecting with our audience and winning them over is not what *actually* works. Guest Leslie Zane is an award-winning marketer, TEDx speaker, and the foremost authority in harnessing the instinctive min...