So Money with Farnoosh Torabi

This week on Ask Farnoosh, Farnoosh and special co-host Leyla Shams, an avid So Money listener, dive into your money questions including: "What are the best way to invest?" "Should I cancel my credit card?" and "Is it worth it to pay down my student loans if I'm starting a business at the same time?" After earning her professional degree in architecture, co-host Leyla Shams spent several years tra...

When it comes to investing, you’ve probably heard the phrase, ‘Buy what you know.’ Do you believe it? I’m asking because today’s guest believes that is “profoundly dumb advice.”  II think that’s sort of good advice..."Buy what you know!" " Don’t get into something you know nothing about!" (ehem bitcoin). But today’s guest, Dr. Daniel Crosby, a New York Times bestselling author, psychologist, behav...

What if you had $70,000 worth of consumer debt and losing your job amidst all of that financial stress? Today, I’m interviewing Adeola Omole on the show. She describes herself as a lawyer by trade and a money coach by choice. Her journey of achieving debt ZERO and building a community for women and money is the focus of our conversation today. Raised by immigrants in a family of six children, Adeo...

Farnoosh is joined by So Money listener Reuben Subramaniam, founder of K2 Collaborators Questions on today's episode include: Advice for saving money on a very low salary in a currency *other* than dollars? When is the appropriate time to tell my employer that I'm expecting? Is it OK to open up a credit card just for the immediate rewards? Learn more about Farnoosh's upcoming literary workshop Boo...

Today’s guest is going to share how to recover - and thrive - after losing everything. At one point, Tracy Matthews had a successful handmade jewelry business, earning over $1 million in annual revenue. You could find her jewelry in over 350 stores internationally and worn by celebrities like Halle Berry, Orlando Bloom, and Kate Hudson. But, Tracy grew the business fast and made mistakes. In 2009,...

How does a six-figure income turn into six-figures of debt? Our guest Bonnie Koo was making six-figures by age 23 working on Wall Street. A career pivot into medicine quickly changed all of that when she attended medical school and took on $200,000 in student loans. She also racked up about $20,000 in credit card debt. Bonnie, now a dermatologist, is on the other side of that money story. She’s si...

This week on Ask Farnoosh ....Weighing the costs of graduate school, finding money for a start-up, optimizing extra income, and financial advice for physicians.  So Money listener Lydia Benham joins the show to help Farnoosh answer your money questions. Lydia is an entrepreneur in the fintech/blockchain sector who's been investing since she was 25!  Learn more about Farnoosh's upcoming literary wo...

Our guest today is in the midst of selling her belongings and packing her family of five into an RV, spending the next year traveling the country. Today’s guest is Jenn Edden. She’s a sugar addiction expert, author and empowerment coach who helps female entrepreneurs learn how to increase their energy through proper nutrition. She is the author of Woman Unleashed: the highly sensitive woman's guid...

Suze Orman is here! This interview is probably one of my favorites for a lot of reasons. It was fascinating to hear Suze's views on women and money today and learn if they've changed over time. You may have thought Suze was enjoying retirement. Well, she's left...at least, temporarily, inspired since the #MeToo movement to relaunch a new and improved edition of her best-selling book, Women & Money...

Farnoosh, what are your thoughts on 0% financing offers for new cars? Is hiring a financial advisor a waste of money? How best to plan for a child with special needs?  Joe Saul-Sehy, host of Stacking Benjamins co-hosts. Joe is taking his show on the road and is in the midst of a 3-city tour. He'll be in Kansas City on October 9. Get the full tour schedule here: www.stackingbenjamins.com/tour Learn...

If you’ve been following me on Instagram or get my newsletter, you might know that I recently took stand up comedy classes here in NYC at Manhattan Comedy School. It’s something I’ve always wanted to do. It scared the heck out of me...so naturally, I had to try it. My next performance is TONIGHT at Gotham Comedy Club at 7pm, actually.  And so I thought who better to have on So Money today than my...

Would you consider yourself gritty? Grit is being able to pursue long term goals, even if that pursuits take years. Grit is when you view your life like a marathon, not a sprint. Grit is when you don’t consider a failure an end point. And, today’s podcast guest is the world’s foremost expert on grit, and she’s here to tell us how we can get more of it and why it’s so important. Today, I’m welcomin...

Special co-host Jamila Souffrant, founder of Journey to Launch, is back on the show, this time co-hosting and helping answer a wide range of questions from So Money listeners. Today's questions: Is it better to make an additional principal payment on a mortgage each month or invest in an index fund? What to do when you're in your 60s with no savings or retirement? What can a professional woman in...

Ever wish there was someone at your company, whose job is to enhance your well-being, happiness and fulfillment at work? Today I’m welcoming Claude Silver to the show. She is the Chief Heart Officer for Vayner Media, the powerhouse media company created by none other than Gary Vaynerchuk, who is also a bestselling author and by many accounts, one of the most recognized entrepreneurs in the world....

In the Iranian culture, if your child becomes a doctor, this is the ULTIMATE trophy for a parent. And while being a doctor comes with a great deal of integrity and pride...building a solid financial life as a doctor is not as simple as it once was with the heaps of student loan debt many doctors today have. And as our guest today will explain, many physicians are not equipped with the financial kn...

This week's listener questions touch on home ownership, paying down student loans (versus investing in the stock market) and where to stash cash for a short-term goal? Co-host is Mary Grace Gardner, a So Money listener and founder of TheYoungProfessionista.com. Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/...

How do you make or take your coffee? Does it spark joy? Our guest Raj Jana has built a thriving business by turning the common experience of making coffee into kind of an art form and in the process has created a 6-figure per month business. A little more about Raj: He was born to Indian parents who came to the U.S. with only a few dollars in their pockets. He previously worked at Chevron as an en...

If you watch Bravo TV or follow New York City real estate, you know all about our next guest. Ryan Serhant is a star of Bravo's Million Dollar Listing New York and a top real estate broker in the City. His story began as a shy, out of work hand model. He  entered the real estate business in 2008 - in some ways the WORST time to be an agent in the real estate market. Ryan shares how he rose to beco...

Is there any relationship between our Zodiac signs and how we spend, save and make financial decisions? In today's Ask Farnoosh, Farnoosh and co-host Brittney Castro, founder and CEO of Financially Wise, tackle your money questions, as well as share some of the insights from a recent Chase Slate Credit Outlook Survey which looked at how our astrological signs impact our spending and credit habits....

We’re going back to basics today in a special So Money bonus episode, talking about the best ways to start and execute financial goals. Our guest is Nikki Arwood, Regional Market Executive at Charles Schwab . In her role, Nikki leads 36 branches and over 200 employees in the Carolinas, Virginia, Maryland, DC, Kentucky, Tennessee, Arkansas and Mississippi. She has been in the financial services ind...

Imagine being at the grocery checkout with little kids. You’re desperate to leave because one kid’s crying, the other is hungry. And then, your credit card gets denied. And the next credit card gets denied. And this is food you need to prepare dinner. Our guest today experienced this and made two vows to herself when that happened. The first was to never run out of money again. The second: to neve...

A life of uncertainty is one that is worth living. Welcome to So Money everybody, I’m your host, Farnoosh Torabi, thanks for joining. It may sound scary but our guest today offers some pretty profound insights and experiences around taking risks and dancing with your fears. It’s actually integral, he says, to living a good life. Jonathan Fields is on the podcast today, he is a New York City dad, h...

What would Farnoosh do if she scored $300 million playing the lottery? Can a spender become a saver? And what's the deal with credit cards? If we're not fans of debt, then what role do credit cards play? Co-host Meera Joshi is a fan of the show and has "an obsession for forecasting cash flows." By trade, she is a CPA and works in Private Equity Real Estate.  Learn more about Farnoosh's upcoming li...

Have you ever read someone’s diary? Come on, you know you have...or wanted to at least. Today, we’re talking about Money Diaries: Everything you’ve ever wanted to know about your finances and everyone else’s.  It’s a new book out by author Lindsey Stanberry, who is the Work and Money Director at Refinery29, one of my favorite websites for all things; female empowerment, career, money, lifestyle, t...

From broke to millions, our guest today is a financial warrior. Today , Kim Perell is the CEO of a digital marketing firm called Amobee, which has raked in hundreds of millions of dollars. But Kim’s journey had difficult beginnings. She landed what seemed to be a dream job in her 20’s working for a tech firm called XDrive, as the director of marketing. But then the dot-com bubble burst and she was...