So Money with Farnoosh Torabi

Can asking just three questions transform your relationship with money? Our guest today is called the father of financial life planning. George Kinder is a Harvard educated economist turned CPA, turned financial adviser. He’s known for revolutionizing financial advice for now 30 years. He’s trained over 3,000 professionals around the world in the field of financial life planning where he has three...

This week on Ask Farnoosh, listeners ask about how to accelerate net worth in the few, critical years before retirement, as well as how to ask for a raise if you work in a government job. Plus: pensions and investing in the stock market. Is it a 'good' time to be investing? CFP and founder of Modernist Financial , Georgia Lee Hussey joins the show as co-host. Learn more about Farnoosh's upcoming l...

(Replay from August 26, 2019) Daniela Pierre-Bravo has a lengthy roster of accomplishments: She is a booking producer for MSNBC’s Morning Joe and recently co-authored a book with Mika Brzezinski, providing straight-talking advice for millennial women in the workforce, entitled Earn It! But none of these opportunities were handed to her. Moving to the U.S. from Chile when she was a teenager, she fo...

If you’ve ever felt like budgeting just doesn’t work for you, my guest Kumiko Love can relate. Frustrated by traditional budgeting methods, she created her own technique to pay off almost $80,000 of debt in eight months. And this technique helped launch her business, The Budget Mom. A few years ago Kumiko was struggling to pay down her debt. As a single mom, she knew that she needed to get out of...

In this week's Ask Farnoosh, a discussion on the best places to store cash in a recession, collecting unemployment while on the Paycheck Protection Program (how does that work?) and a recap of Farnoosh's latest Bloomberg Opinion piece on why it's OK to spend money right now (with caveats.) Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Ho...

How to leverage video in today's world to grow your business, brand or career? How to stand out from the crowd and create compelling video on a budget? Kristian is a professional video content producer that teaches entrepreneurs how to incorporate video into their business and everyday life. He believes video is still an underused tool that can help businesses thrive (even in a pandemic). He start...

The pandemic has disproportionately impacted women in this country in terms of unemployment, stress and family care. Guest Lacy Garcia, founder of financial startup Willow, discusses the challenges and the long-term impact of the toll. Willow’s mission is Women face a unique set of challenges when it comes to navigating life events and transitions such as divorce, loss of a spouse, career changes,...

How to invest in a rental property when you're in a different country? Should you just ignore your federal student loans while the automatic deferment is in place? Is there any benefit to paying them down? And what about cash-out refis? Are they worth it? Farnoosh addresses the latest money questions from the So Money mailbag. Learn more about Farnoosh's upcoming literary workshop Book to Brand. E...

America is drowning in paper. If you stacked all the paper the average family uses in just one year, the piles would be as tall as a two-story house. And 43% of Americans categorize themselves as “disorganized.” Lisa Woodruff to the rescue. She is an organizational expert and author of THE PAPER SOLUTION: What to Shred, What to Save, and How to Stop It From Taking Over Your Life. Now more than eve...

Myoshia Boykin-Anderson has had an incredible journey that led her to found her company  AndTech Solutions  in 2009. As a mother with no savings and no college degree, she was laid off from her corporate job and vowed to never put herself in that position again. Myoshia launched AndTech and it has grown into a seven-figure consulting firm providing custom application development and other technolo...

In this week's Ask Farnoosh, CFP and founder of FIT Advisors, Anjali Jariwala joins to answer listeners' questions about bankruptcy, paying off debt, saving for a home and creating a financial plan. More about Anjali: She is the founder of FIT Advisors - a financial planning firm serving physicians and business owners virtually across the US. Prior to launching her own firm, Anjali spent over 6 ye...

What is the deal with the stock market? How is the current recession different than the one from 2008/2009? How to think about real estate and your portfolio now? We are in conversation with the co-hosts of the BiggerPockets Money podcast, Scott Trench and Mindy Jensen. They're here to share their perspectives and best advice on how to navigate the economy now. Scott Trench is the CEO and Presiden...

In his new book, Die with Zero, Bill Perkins challenges the notion of passing down your wealth. In fact during a health screening, his doctor asked in the evaluation about financial stress: “Do you have fears of running out of money?” Bill said, “I hope I run out of money!” We discuss the merits of spending more money in your living years, how to calculate getting to "enough" net worth and how to...

Delyanne The Money Coach Barros joins Farnoosh to answer the latest money questions from the audience. Questions include: Is it wise to use student loans to invest in the market? Why is one of my credit scores so different from the rest? Should I help my boyfriend with his credit card debt? How to become a professional investor without a college degree? Sticking with this week’s lineup of FIRE mem...

We continue to take a closer look and have deeper conversations with some of the minority faces of the FIRE movement. On Monday we spoke with Paula Pant, a Nepalese-American woman and founder of the Afford Anything blog and podcast. Today, we’re in talks with married couple Amon and Christina Browning, founders of  Our Rich Journey, a popular blog and YouTube channel : At the age of 39 and 41, Amo...

This week I’m chatting with a number of people who identify as members of the FIRE movement, which stands for Financial Independence Retire EarlY. The mission is to intensely save and invest —over half your income—so you can retire sometime by 40 or sooner. The movement is often associated with white men who have high earning careers in software engineering or finance. And as a result the FIRE sav...

Is it too risky to buy a home with someone you're not married to? What are some ways to protect yourself if you choose to be a co-borrower on the mortgage? In this week's Ask Farnoosh, host Farnoosh Torabi also addresses questions related to career pivots and how to transition to being a financial planner, as well as the best way to pay off high interest credit card debt. Does doing a balance-tran...

Learn how one small business is transitioning to an all digital-only experience for its kid clientele and expanding its work force and creating job opportunities for more individuals at the same time. Sarah Fazam, founder of Bilingual Birdies, began the business over 12 years ago to encourage cross-cultural awareness through foreign language and live music curriculum. The programs teach Spanish, F...

What is the LEAST amount of money you could spend each month, while staying current with bills and other financial responsibilities? Guest Jully-Alma Taveras is the founder of Investing Latina on Instagram and YouTube, an online community for financially powerful women. She is also a Contributor to Next Advisor where she's provided a strategy for how to live on the smallest budget possible. She, h...

A teacher asks how she can make more money and another listener wants to know how to begin investing in Socially Responsible Investments, Plus: dividend investing and how to incorporate Black Lives Matter in our personal finance choices. Farnoosh has answers! Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/pr...

On today's show with guest Stacia Crawford, we're discussing life after a layoff, monetizing your skills, as well as the behind-the-scenes of producing for one of the country's top television stations. Stacia is an award-winning journalist with more than 3 decades of experience in the broadcasting industry, including 25 years as a TV producer in Chicago. Her vast experience as a television news pr...

Establishing a healthier mindset and management around money requires reconciling with the past, and facing any potential childhood money trauma head on. Financial author Leisa Peterson, author of The Mindful Millionaire, opens up about her early years, depicted as “white trash” and the learnings and (un) learnings that helped her heal and grow her wealth. Says Leisa, “Somehow I found a way to bre...

On this week’s Ask Farnoosh, a listener asks about intermediate savings and the best place to either save or i vest that money. Also: consolidating your student loan with your spouse’s loan. Good idea? 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.

How to find meaningful work right now? How to be a true Ally in the workplace and how to reframe your career ambitions in the near future? We're talking managing your career in a pandemic and recession with Lauren McGoodwin, founder of  the Career Contessa and author of the new book POWER MOVES: How Women Can Pivot, Reboot, and Build a Career of Purpose. Lauren's book  is a much-needed handbook fi...

Rodneyse Bichotte is the first Haitian-American woman elected in New York City, representing Brooklyn as the Assemblymember and State Committee Woman / District Leader for New York State’s 42nd Assembly District. She represents Flatbush, East Flatbush, Midwood and Ditmas Park in Brooklyn.  We discuss how a life-changing accident at the age of ten led Rodneyse to a career in public service, key ini...