So Money with Farnoosh Torabi

Help... I lent someone money and now they declared bankruptcy. What can I do? What is considered a low expense ratio? Should I pay for my wedding photographer in cash? Answering these questions of yours and more on an all new #AskFarnoosh with special co-host Tammy Tibbetts, co-founder and CEO of She's the First . For more information visit www.somoneypodcast.com . Learn more about Farnoosh's upco...

Our guest today has been dubbed The Student Loan Assassin, paying off over $90,000 in loans plus another $10,000 in credit card debt in just 24 months. The total damage? $111,354.33. We don't cover debt as much as we do earning, saving and retiring early on this show but the fact is many Americans are saddled with a combination of student loans and mounting credit card debt. You struggle to make t...

A new topic for us today. We're talking about marriage. I'm obsessed with this topic. I wrote a book, When She Make More, about female breadwinners in modern day relationships. When you think about marital advice in this country, it typically centers around pre-marital advice and then advice on how to deal with divorce. But what about the years in between? Marriage is wonderful but it's also hard,...

How should I reposition myself after taking some time off from work? How should I save for a home... can I tap into my 403b account? What is a great book for a college graduate? Answering these questions and more on this week's Ask Farnoosh. To learn more visit www.somoneypodcast.com . Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted...

A couple months back I purchased a gift for my husband through this company Oars + Alps, a men's athleisure and natural grooming brand. The brand is being called the "Warby Parker of men's grooming," and was created after the founders won the regional 2016 Harvard Business School New Venture Challenge and spent a year in research and development. All the while, the brainchild behind this product w...

Today's episode is a treat to anyone who follows pro football. A couple months ago I received an email from NFL player Mike Nugent saying he was a fan of the podcast and he had some money questions for me, as a new dad. I was totally blown away and excited, so much so that I asked if he'd come on So Money today to share more of what it's like to manage money as a pro athlete and to share some of t...

My boyfriend and I just got engaged and we're wondering how to go about combining our finances? He has some student loans and credit card debt and I have no debt because my parents generously paid for school. For more information visit www.somoneypodcast.com . Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/p...

If you’re on the cusp of making a transition in your career or dream of one day making a shift, but aren’t sure how to make the most of it, today's guest is full of priceless advice. Wendy Sachs is the author of the new book Fearless and Free: How Smart Women Pivot and Relaunch their Careers and my O, The Oprah Magazine family calls this a "title to pick up now." We are living in an era of profess...

This guest has been on So Money before and she's been a total hit so I'm very excited to have her back. Danielle LaPorte is here to talk about her new book, White Hot Truth: Clarity for Keeping It Real On Your Spiritual Path from One Seeker to Another . As a society we encourage self help but we're all suffering from a self-help burnout according to Danielle. But she's here to show you that "you a...

Help... caring for elderly family members is causing my husband and I to build up debt, what should we do? How do I budget when my income is variable and my job is seasonal? Which is better... debt management or debt settlement? Answering these questions of yours and more on this week's #AskFarnoosh. For more information visit www.somoneypodcast.com . Learn more about Farnoosh's upcoming literary...

Our guest today received 148 rejections from investors when trying to launch her online company. She hardly gave up. Kathryn Minshew is the founder and CEO of The Muse, a career platform that is used by over 50 million people to land dream jobs, learn professional skills and take their careers to the next level. So much for rejection right? Not only is The Muse thriving, Kathryn is wearing the hat...

Do your finances stress you out? Not a huge shocker, money is one of the top leading causes of stress and our guest today wants to address it head on. Personal finance writer Emily Guy Birken is here to talk about her new book, End Financial Stress Now: Steps You Can Take to Improve Your Financial Outlook . Whether you're stressed by your debt, your lack of retirement savings or insufficient incom...

Is the Ellevest platform too good to be true? What are other ways I can make money long-term to supplement my income? My wife and I are nervous for our first-home purchase, how should we prepare? Answering these questions and more on Ask Farnoosh. For more information visit www.somoneypodcast.com . Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now...

This episode goes out to all of the moms out there working, staying at home, doing it all. Our guest today is Lyss Stern, she's the founder of Divalysscious Moms . She's out with a new book called, Motherhood is A B#tch: 10 Steps to Regaining Your Sanity, Sexiness, and Inner Diva. Being a mom in today’s world isn't easy, whether you’re working or not working, you’re taking time off; you’re going t...

Are you a broke millennial? Broke and millennial. Some might argue that those two words are one and the same. Our guest today is out with a fresh take on how young adults can live it up while paying it down and acclimating to the changes in today's financial world. Erin Lowry is the new author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together . The book offers irreverent f...

What hard skills should young professionals learn in order to have job security? How much should you actually pay for rent? Where should I put $1,000 in cash that will earn the most back but I can still access it in case of an emergency? Answering these questions and more on Ask Farnoosh . For more visit www.somoneypodcast.com . Learn more about Farnoosh's upcoming literary workshop Book to Brand....

Who doesn't want to be able to work LESS and accomplish MORE? Our guest today is Chris Winfield, a productivity expert on a mission to help everyone get their work done in less than half the time. You're not going believe him. He says he can teach us all to get 40 hours of work done in just 16.7. And for those of you who are NOT morning people (like me), Chris is certain you can wake up excited an...

Imagine selling two multi-million dollar companies, becoming an angel investor and then losing it ALL. That's exactly what happened to serial entrepreneur and our So Money guest today, Mike Michalowicz. Determined to figure out how to grow a healthy and strong company he started all over again which led to the "Profit First Formula," a way for businesses to ensure profitability. Now, Mike is runni...

How do I switch departments at work without making it awkward with my boss? I'll be taking on student loans later this year as I go back to school for my Masters degree what can I do in the meantime to prepare? Do you think a Roth 401K is better than a traditional 401k? For more information visit www.somoneypodcast.com . Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early b...

What happens when you have no savings and you suddenly incur a huge expense like a medical bill or car repair. What happens if you have a job in retail and your weekly paycheck fluctuates while your monthly bills remain steady. The topic today is financial fragility and to explore I’ve invited Rachel Schneider, the co-author of the new book, The Financial Diaries: How American Families Cope in a W...

How much trash do you think you toss each day? How many plastic items do you own? Check your fridge and cupboards. My guess is we amass more waste than we really realize. Today's guest is here to inspire us to make small changes to live a "Zero Waste" lifestyle. Her name is Lauren Singer and she apparently only produced enough waste in the last 4 years to fit a 16 oz. mason jar. Unbelievable! Her...

Why are people discouraging me from paying off my mortgage if it will be financially liberating for me? I just got laid off... do I take unemployment or work part-time? Should I open a 0% APR interest rate credit card and transfer my student loan balance to that to avoid interest? Answering these questions and more on Ask Farnoosh this week. For more information visit www.somoneypodcast.com . Lear...

Josh Spodek has quite the resume. He holds FIVE Ivy League degrees including a PhD in Astrophysics, he's led seminars in leadership, entrepreneurship and sales at Harvard, Princeton and MIT, he's studied under a Nobel Prize winner and helped build an X-Ray observational satellite for NASA and holds six patents. He also serves as an adjunct professor at NYU, as well as a leadership coach and worksh...

From subsisting on Taco Bell and living in a garage at 40...to becoming a #1 New York Times bestselling author and coach earning more than she ever imagined, our guest is going to share how we can all master the mindset of making wealth.  Jen Sincero is the author of the New York Times best-seller " You Are a Badass: How to Stop Doubting Your Greatness and Start Living an Awesome Life " and has no...

Once I pay off my credit card debt can I lower the spending limits... how will this affect my credit? My income is variable... what happens if I open a Roth IRA this year and earn more than the income limitation? I opened a traditional IRA but is a Roth better? Answering these questions and more on this week's Ask Farnoosh. For more information visit www.somoneypodcast.com . Learn more about Farno...