So Money With Farnoosh Torabi

Farnoosh has been giving some counterintuitive advice lately related to our finances amidst the health crisis. And she's not apologizing! This week she answers more of your top questions including: Should I invest or pay down debt? Should I take money out of my house downpayment fund and place it in the stock market? How can I make money from home right now?

Many families will be home for weeks and months to come, attempting to work and parent under one roof. Our guest Pamela Pekerman is a serial entrepreneur, founder of Hustle Like a Mom, and a regular on local morning shows. She's been working from home for many years -- but the past week she's also been parenting at the same time. Hear her advice on how to create structure and sanity at home and how many workers can pivot to making money on the internet.To download Pamela's tips to navigate working from home, managing kids/schooling, and suggested "class" offerings that educate and entertain visit www.pamelapekerman.com/somoney

Kimberly Lucht is a business coach who helps women make their first six figures doing what they love. Degree-trained in psychology, she previously directed and tripled the growth of a woman-focused non-profit. Now she’s committed to helping female entrepreneurs have their first six-figure year through in-person workshops, online programs, and one-on-one coaching. One of the focal topics of the episode is how small business owners can attempt to earn more money this year with all the economic uncertainty right now.Kimberly's been featured in Money, Business Insider, Create & Cultivate, Well + Good, and Greatist and currently lives in New York City.

While it may not feel all that appropriate to talk about money at a time when human lives are at stake, the coronavirus is taking a toll on our finances...and fear hath taken over. The stock market suffered one of its worst declines this week and many of you have been writing in asking about how to manage your investments, as well as how to prepare for the likelihood of a recession. This episode is dedicated to answering some of your top concerns related to the spread of the coronavirus and its impact on our finances.Joining to help steer the show is Greg McBride, CFA, Senior Vice President, Chief Financial Analyst, for Bankrate.com. With nearly a quarter century of experience in personal finance, Greg is a subject matter expert that has the unique ability to provide both in-depth commentary and practical advice to consumers. Through Bankrate.com's Money Makeover series, he has helped consumers plan for retirement, manage debt and develop appropriate investment allocations.

Our guest today is Nicole Symcox, a highly sought-after licensed psychotherapist who helps her clients deal with trauma and - in many cases - put them on the road to recovery to a happier, healthier financial relationship and financial life. It is true that psychological trauma impacts our finances. It’s complex. It impairs our ability to make healthy financial decisions and to feel connected to our money.This is where we start with Nicole. We go right at it to discover the root of this and how, if you have experienced trauma in your life, how that may be linked to your money struggles and how you can begin the journey to recovery. Learn more about Nicole at www.nicolesymcox.com

Dr. Joy Lere is a psychologist who focuses on money and mindset. Through her work she has seen that lack of money knowledge combined with discomfort talking about money create a perfect storm for relational discord, underearning, overspending, lost investment opportunity, and crippling financial stress. But it really doesn’t have to be this way for any of us. I’m excited to welcome Joy to the show and hear how she helps clients to work through their mental money roadblocks. Learn more about Joy on her website: www.JoyLere.com

We begin today's Ask Farnoosh with a page out of Farnoosh's money journal where she shares personal thoughts and honest advice regarding the Coronavirus and its impact on our personal finances. A listener also asks whether or not it's wise to refinance a mortgage to a 15-year term, especially if the higher payments will prevent her from investing in the market.

Kari Clark founded Uplift out of her own experience. She has two kids (ages 6 and 4) who both made her better at her job and life. Post-kids, she made a significant career shift, saw improved performance reviews, lost 45 pounds and gave away half of her possessions. Life changes like having a baby are proven to be great times to adopt new habits. She wants to rewrite the script on what being a working mom means.

What kind of impact can we expect from the global spread of the Coronavirus on our personal finances? Guest Caleb Silver shares his perspectives. Caleb is the Editor in Chief of Investopedia, the world's leading source of financial content on the web, ranging from market news to retirement strategies to investing education.More about Caleb: He began his career producing wildlife documentaries in South America and the American southwest. His career in business news began at Bloomberg, where he worked as a senior television producer and was nominated for a 2003 Emmy Award.Caleb then joined CNN, serving as a Senior Producer for The Situation Room with Wolf Blitzer, as well as the Executive Producer of CNNMoney.com. Caleb and his team at CNNMoney were nominated for an Emmy Award for New Approaches to Business & Financial Reporting. He then returned to CNN as the Director of US business news.Caleb left CNN in 2014 to form Frog Pond Productions, a digital production and consulting company, and then joined Investope

On this week's Ask Farnoosh listeners want to know the cost-benefit of storing furniture and other household items. Also: the benefits of working with a financial planner.

Guest Blessing Adesiyan is the founder of Mother Honestly, a platform that inspires, encourages and guides the modern ambitious woman to thrive in and beyond motherhood. Through online content, and offline activations, Mother Honestly empowers and elevates mothers to lead bigger, better and deeper lives.Learn more about Blessing and Mother Honestly at MotherHonestly.com and on Instagram @MotherHonestly.

Tapping has become a fast-growing, simple way to address both the emotional and physical problems that tend to add stress to our lives. Guest Nick Ortner is the CEO of The Tapping Solution, a company designed to bring the effective and simple healing method, Tapping, to the mainstream. On the podcast, Nick describes Tapping as a mix between the ancient practice of acupuncture and modern psychology. He takes listeners through a tapping exercise on the podcast and claims this can provide us with financial clarity.Learn more about Nick at TheTappingSolution.com and connect with him on Instagram @NickOrtner and on Facebook @nortner

This week on Ask Farnoosh, special co-host Priya Malani, the founder and CEO of Stash Wealth joins to answer listener questions. From how to make money from what you KNOW to dealing with a partner's six-figure debt and saving for *something* when you don't know what that something is yet.To sign up for MoneyMASTERED™, the new video course from Stash Wealth, go to StashWealth.com/MoneyMastered and use the code SOMONEY100 for $100 off.

Have you ever wondered how people become professional speakers and get paid to speak? My guest today is Grant Baldwin, author of the new book The Successful Speaker. He has spoken at over 500 events to over 500,000 people and teaches everyday people on how to build a speaking business from scratch - and rake in thousands doing what they love.More about Grant: He is a nationally known speaker, podcaster, and author who has helped thousands of people start and build their own speaking businesses through his Booked and Paid to Speak Training Course.Learn more about Grant on his website GrantBaldwin.com and connect with him on Twitter @GrantBaldwin, Facebook @GrantBaldwinFans, and Instagram @GBaldwin.

On her blog and popular Instagram account, Inspired Budget, Allison Baggerly teaches her budgeting method to thousands of followers. Her advice stems from her own personal journey to pay down $111,000 in debt in 4.5 years. Learn more about Allison on her website, www.InspiredBudget.com. And connect with her on Instagram @InspiredBudget

This week's Ask Farnoosh plucks questions from Farnoosh's Instagram followers related to managing a cash windfall, understanding how the new FICO score works and real estate investing for starters.

Are you being intentional about the DESIGN of your life?When we think of design...we think home interiors. We think of designing a website. But what about your life? Your business? While we it isn’t as simple as picking out fabrics or a color scheme, guest Tobi Fairley believes that we can all be in control of our life’s design to feel better about our interior...our money, our work and our relationshipsTobi Fairley is known for her bold use of color in interior design, but she’s also one of the nation’s most progressive-thinking entrepreneurs. Tobi is passionate about her full-service interior design company and her consulting firm which are focused on helping clients design their homes, their businesses, and their lives, with a special interest in promoting wellness and balance for entrepreneurs, CEOs, and creatives.Tobi established her firm more than 19 years ago and her projects have spanned the nation and beyond. Her award-winning interior design, product design and ideas have been featured on television

I’m a first generation Iranian-American. And so the beginning of this year was especially worrisome when we learned that the our president had ordered the assassination of Iran’s General Soleimani, the leader of the Foreign Wing of Iran’s Islamic Revolutionary Guard, raising already heightened tensions between Iran and the U.S.Like many I was really scared about a war erupting...and more lives being sacrificed over something that I honestly don’t think can be solved on the battlefield. Subsequent to this, Iran admitted to accidentally taking down the the Ukrainian jetliner that killed all 176 people on board.In its aftermath, as this is a financial podcast, I thought, what could I share here that was of relevance to us?Well, I recently came across an NPR interview with Farnoush Amiri, who is an Iran-born U.S. citizen, and thought she would be a fantastic guest. In the NPR interview she described a great secret that she and her family kept after a terrifying incident in their home in 2005.She shares this in ou

In the latest installment of Ask Farnoosh, Farnoosh answers listeners questions related to helping pay down a significant other's student loans. Is it recommended? Also: renting versus buying and leaving your job before bonus season. Is there a way to make up for it?

Today marks five years, 12 million downloads and 1,000 episodes. Farnoosh Torabi celebrates this major So Money milestone with a tribute to her dedicated listeners, reflections on some of the craziest never-before-told stories of producing the show and special cameos from her children who help answer listeners' questions. Plus, we hear from So Money fans from around the world and their financial triumphs. Prizes and charitable donations to boot!