So Money With Farnoosh Torabi

Rich kids are perceived as free from life’s toughest challenges. “Having it all.” But being raised in affluence brings a unique set of pressures and hidden tripwires. Guest Kristin Keffeler, MSM, MAPP, is a thought leader and consultant at the forefront of a global shift in family wealth advising, known as Wealth 3.0. She works with affluent and enterprising families, rising gen, and the professionals who support them. Her book, The Myth of the Silver Spoon, explores our wealth culture and helps to identify structures for finding and sustaining one’s own vision of a fulfilling, impactful life.

Manisha Thakor is the author of the new book, MoneyZen: The Secret to Finding Your "Enough" and is on the show discussing ways we can solve this money-happiness paradox and learn to build that essential base layer of “emotional wealth.”Moneyzen draws on science and the stories of wide range of multidisciplinary experts from all walks of life to show how to rip off your "Busy Badge" to put meaning back into your life, eradicate the soul-destroying belief that “Self-worth = Net worth" and escape life as a human doing and return to your natural state as a human being.

This week’s Ask Farnoosh: The pros and cons to overpaying a credit card for the sake of budgeting for big expenses; how to create an exit strategy from an industry that you don’t love; should I work with a financial planner if I don’t need investing help? Plus: Farnoosh’s favorite money apps. (This episode's questions originally aired on April 21, 2023.)Check out this week's episodes with Donovan Ramsey and Farah Sharghi.Pre-order A Healthy State of Panic and immediately access her Scared Smart video and workbook lesson plan.

We go behind the scenes with an in-house corporate recruiter Farah Sharghi. She is the Director of Recruiting and Human Resources at Dil Mil, a South Asian dating app based in San Francisco. She has worked as a technical recruiter at a variety of companies, including Google, Lyft, Uber, TikTok, and The New York Times and she has fast-growing social media platform where she shares her best job hunting and interviewing techniques, lesser known advice that really works like how to use Ai, how to enhance your online resume to stand out on LinkedIn and other job sites, how to spot red flags when interviewing for a position, signs you should NOT work there.

To understand what’s behind existing wealth and opportunity gaps, history is sometimes our greatest teacher. But chances are when we think of the crack era, our minds go to how it was depicted in the media or political campaigns and policing in the 1980s and 1990s. Do we really know the individuals who suffered and what happened to them? And while people suffered, who profited? How do the failures of that epidemic continue to haunt and hold back our plight against drugs, as well as social justice and wealth equality today? Donovan Ramsey is our guest and the author of the new, acclaimed book WHEN CRACK WAS KING: A People's History of a Misunderstood Era.

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.Join Farnoosh's Launch Team for A Healthy State of PanicSign up for Farnoosh’s newsletterPre-order A Healthy State of Panic and immediately access her Scared Smart video and workbook lesson plan.

We have a megawatt fashion entrepreneur on the show - Chriselle Lim! Across her various social channels, Chriselle has garnered a community of over 6 million global followers. Her brand portfolio spans fashion, beauty, and parenting, On the show, Chriselle and Farnoosh discuss opens up about her journey and evolution as a fashion influencer and what inspired her to start her own brand, strategies on negotiating partnerships and financial lessons learned from marriage and divorce.Check out Chriselle's new fragrance line at Phlur.comJoin Farnoosh's Launch Team for A Healthy State of PanicSign up for Farnoosh’s newsletterPre-order A Healthy State of Panic and immediately access her Scared Smart video and workbook lesson plan.

As the subscription economy continues to flourish, consumers find themselves juggling multiple subscriptions, leading to overwhelm and increased spending. Guests Sunny Israni and Monica Villar are the co-founders of LightSwitch, a game-changer that promises to create a seamless experience that brings less hassle and more savings to consumers. We discuss the key aspects of the billion-dollar subscriptions industry, its rapid growth, and the challenges faced by consumers in managing their subscriptions efficiently. Learn more at getlightswitch.comJoin Farnoosh's Launch Team for A Healthy State of PanicSign up for Farnoosh’s newsletterPre-order A Healthy State of Panic and immediately access her Scared Smart video and workbook lesson plan.

This week, Farnoosh answers listeners' questions about: Investing fees and how much is too much, strategies for living abroad, and when is it OK to pause contributions to a retirement account?Join Farnoosh's Launch Team for A Healthy State of PanicSign up for Farnoosh’s newsletterPre-order A Healthy State of Panic and immediately access her Scared Smart video and workbook lesson plan.

Today we're discussing the climate economy, and how capitalism can be a tool for driving solutions for a greener planet. Guest Molly Wood, longtime business and technology journalist turned venture capitalist. She shares her insights into the many moving parts and hurdles behind bringing climate solutions to the forefront, innovations she's excited to see and why she's ultimately optimistic about the direction of climate action. More about Molly: She is Founder and Chief Storyteller at Molly Wood Media, an advisory firm for the climate economy. She is also the host of Everybody in the Pool podcast and newsletter.Check out Molly's podcast today to hear me offer insights into the cost of climate change and ERG investing.This episode originally aired on June 21, 2023.

We're taking a deep dive into how Gen Z consumes and advice on how they can make better financial choices. Joining the show: Josh Rosenberg, Co-Founder of Day One Agency who, together with researchers at USC Annenberg Center of Public Relations, examined how Gen Z consumes -- from information and news to purchases. Also, Aja Evans, a licensed therapist who helps clients relieve money anxiety to achieve financial wellness.We discuss: How does Gen Z defines "influence," the financial challenges that come with relying heavily on social media and the best sources to trust when it making purchasing decisions.

This week Dorethia Kelly, nationally-acclaimed financial expert and author of #MoneyChat, joins to help answer your financial questions, including what to discuss with your partner *before* getting married, the risks to using a life insurance loan to pay off a student loan, steps to being a more environmentally conscious consumer and how to help a friend who needs financial support.Mentioned: Farnoosh's interview with Molly Wood about climate solutions.

We are in conversation with negotiation expert Alexandra Carter, author of Ask For More, learning about ways to earn more this year when you’re in a transition phase (switching jobs, recently laid off, heading back to work after a break), what we *should* negotiate for but rarely do and why being scared in a negotiation means you’re doing it RIGHT!More about Alex: She is a Clinical Professor of Law and Director of the Mediation Clinic at Columbia Law School. She has spent the last eleven years helping thousands of people negotiate better, build relationships and reach their goals. In 2019, Alex was awarded the Columbia University Presidential Award for Outstanding Teaching, Columbia University’s highest teaching honor.

How do we decide with ease? The idea of having the power to choose, to choose a different direction, to speak up to authority, to let go, to create, to shut down, sounds good. But life isn’t always that simple. Making high-stakes decisions involving work, money, and family can be frightening.Our guest is Stef Ziev, former TV executive turned certified life and executive coach. Her new book is called THE CHOICE IS YOURS: A Simple Approach to Live and Lead With More Joy, Ease, and Purpose

This week: Farnoosh offers her best relationship insights after 11 years of marriage (not financial advice, but hey!) Plus, several investing questions from the audience, including whether to cash out a low-performing portfolio, how to balance investing for retirement and paying off debt. Also, what's the deal with pet insurance? Worth it?Sign up for Farnoosh’s newsletterPre-order A Healthy State of Panic and immediately access her Scared Smart video and workbook lesson plan.Questions on this episode originally aired on Feb 3.

How to find a tax expert you can trust, who really gets you, especially if you work in the creative field? Guest Hannah Cole is a tax expert who specializes in working with creative businesses and purpose-driven solopreneurs. She is the founder of Sunlight Tax, which helps tens of thousands of creative and mission-driven self-employed people skill up with accessible tax and money education through professional speaking engagements from Florida to Alaska, and on the Sunlight podcast. Download Hannah's free visual guide to your tax deductions here.Watch her free class: Understand Your Taxes and Make Money

Guest Firoozeh Dumas is the author of the New York Times bestseller Funny in Farsi, now celebrating its 20th anniversary. I first discovered Firoozeh and her book in my early twenties. Funny in Farsi gave me permission to be unapologetically Iranian or Irooni . In today's episode, we'll explore the joys and challenges of embracing a multicultural identity, the transformative power of storytelling, and the profound impact of humor in bridging cultural divides. Plus, the worst financial advice Firoozeh received as a kid. Follow Firoozeh on Instagram.This episode aired originally on June 5, 2023.

This week on Ask Farnoosh: Should you switch banks if you're only earning 2% on your savings account? When does it make sense to invest in home upgrades? Should a listener sell her house now or later? And what's the rule of thumb for asset allocation in your retirement portfolio? Is investing in 95% stocks too high?Sign up for Farnoosh's newsletterPre-order A Healthy State of Panic and immediately access her Scared Smart video and workbook lesson plan.

Our guest today is Mariam Naficy, a veteran entrepreneur who has founded and scaled successful companies, including Eve.com, the world’s first online cosmetics retailer, Minted, the online marketplace of premium design goods created by independent artists and designers and Tonic.xyz, a curated fine art gallery focused on blockchain art. Born to Iranian and Chinese parents, Mariam's childhood in diverse countries shaped her perspective. She overcame adversity when her family fled Iran during the 1979 Revolution and faced challenges upon arriving in the US.Today she is the Founder & Managing Partner of Heretic Ventures, the San Francisco-based venture studio that founds companies at the intersection of culture, commerce, and creators. With a keen eye for innovative ideas, Mariam's insights on crypto, blockchain, and NFTs are invaluable.

We are in conversation with entrepreneur, certified master coach, international speaker, and author and host of Permission to Offend, Rachel Luna. We discuss the ways we can stand up for what we believe in, even if it doesn't win us a popularity contest, the role of faith in your financial life, and determining your worth and wealth.