So Money With Farnoosh Torabi

In this week's Ask Farnoosh, host Farnoosh Torabi and So Money fan Anne Rocheleau, tackle your money questions including how to approach a boss who has been avoiding talking about your raise, finding affordable coaching support for a small business, and purchasing multiple homes.More about Anne: She grew up in Massachusetts (in the same town as Farnoosh!) and moved to beautiful Portland, Oregon three years ago. She received a BS/MS in chemical engineering and a PhD in biomedical engineering. She works as a research scientist at a start-up company that is developing a diagnostic device for malaria and sickle cell disease. She became interested in personal finance after finishing grad school and feeling behind her peers in retirement savings. She is passionate about empowering women in personal finance as well as in the STEM (science, technology, engineering, and math) fields.

In this bonus episode Farnoosh and her co-host tackle your latest money questions, including, how to pay off debt while trying to save, the differences between index funds, ETFs and mutual funds, how to benefit from employee stock purchase programs, and much more.Special co-host is Tiffany Dolby. Tiffany manages Schwab’s branch in Winnetka, Ill., a suburb of Chicago. She has been with Schwab for almost eleven years and started her career right out of college. She received her bachelor’s degree in economics from Purdue University.As many of you know, I’m working with Charles Schwab to help spread financialliteracy to the masses and it's been a really great collaboration so far. I'm a Charles Schwabcustomer and have been for many years. Before we get started, I just want to thank CharlesSchwab for helping get this financial education content to you.To learn more about Schwab and how to work with them, visit Schwab.com/SoMoney. Schwab offersa range of services for people looking to invest and plan for their

We’ve signed up to be the guinea pigs for people to ask the stuff that could be embarrassing to say the things, whether we’re talking about finances, or relationships. We’re not afraid to go there and experience things, or feel things, or share things that others may be afraid to.”What were you doing when you were almost 30, or what do you hope to do when you are almost 30? My guests today are using this period in their lives to create a media company and a community for people who want to learn about wellness, entrepreneurship, spirituality, self- development and everything in between.Krista Williams and Lindsey Simcik are social media influencers, bloggers and podcast co-hosts of the very popular Almost 30 podcast. They've got over 12 million downloads. They have fans in over 150 countries. It has become a community and a resource for a lot of people who are looking to become the best version of themselves and navigate career transitions.The two of them know a little something about transitions. Both were f

How do you send money to friends, family, and just about anyone else? The odds are you’re no longer putting a check in the mail. When was the last time you even used a check? With so many of us abandoning our checkbooks and person to person payment services taking off, banks needed to change with the times or risk losing their customers. That’s where my guest today Lou Anne Alexander enters the scene. She’s the Group President of Payment Solutions for Early Warning LLC, and led the launch of Zelle — the financial services' first real time payment network. Zelle was also the presenting partner of Stacks House in Los Angeles, the financial empowerment pop-up museum  She has spent the last few years on the road promoting Zelle to banking executives who weren’t always so eager to embrace change. And she’s done it successfully, with $39 billion sent through Zelle in the first quarter of this year. A banking veteran with years of success under her belt, I’m very excited to have Lou Anne Alexander joining us today. 

Today’s a special episode because we are continuing our conversation from Monday. If you listened to the episode on Monday, you know that I did an interview in front of a live audience with the CEO of Stash Wealth, Priya Malani. We did the live interview at Luminary, which is a collaboration hub for women here in New York City. I highly recommend it if you haven’t checked out Luminary. At the end of our interview, we opened up the floor to audience questions and this is where that live podcast continues. We have a number of questions from people in the audience from why financial advice seems to have forgotten the Gen Xers to establishing good financial habits and setting money goals. 

"The dominant culture is telling us a lot of things about what we’re supposed to do with our money and our resources. I like a broader definition of money as just, - what are our resources?" Our guest today is Georgia Lee Hussey, Founder and CEO of Modernist Financial, which is on a mission to build a world where progressive people feel permission to enjoy today, while also investing in our common future.Georgia is a queer female founder who started her career as a writer and artist and then went on to spend a decade working in finance as a CFP. She was baffled by the industry’s lack of transparency and culture of conformity, which inspired her to launch a different kind of firm – one that truly centers individuality and self-efficacy.Modernist Financial has been named one of the largest LGBTQ+ owned businesses in Oregon and one of Portland's largest wealth management firms.You can find more information at her company website: modernistfinancial.com.

I was just so shocked. I remember one time I was pulling together like a financial plan for a really wealthy client and I was like, wait, this is how we show investment data to a human?” – Priya MalaniToday’s episode is an interview with Priya Malani is an entrepreneur and founding partner at Stash Wealth, a financial planning firm for HENRY’s. which stands for High Earners, Not Rich Yet.  We recorded this interview in front of a live audience at Luminary, an incredible collaboration hub for women to develop, network and connect.Priya, who previously worked on Wall Street for 10 years, launched Stash Wealth after realizing how sorely underserved young professionals were in the financial services market.Highlights from our conversation:Why Priya’s known as the Rebel of Wall Street.Can Millennials really achieve financial freedom?Priya’s financial upbringing and her biggest money mistake.The “best” credit card on the market. Special thanks to our host, Cate Luzio and her team at Luminary, as well as our sponsor

Negotiating a salary and other benefits, savings "rules" and finding a financial planner are among some of the question on the latest Ask Farnoosh.

"There’s so many ethical questions and, you know, we're seeing this being being discussed at the top of all sorts of social platforms now, right? And then, you know, The New York Times this past weekend did that, you know, did their annual study showing what you know CEO compensation is as compared to the lowest paid workers, and it's atrocious." Is it possible for the business world, which is often characterized as being greedy, to care deeply about and act with social responsibility? Today's guest believes yes. And in today's world, she says, where consumers are looking to support corporations who specifically champion diversity and inclusion and philanthropy, it’s more important than ever for businesses to consider actively being part of the solution and forces of good in the world. We have the great pleasure of inviting Susan McPherson on the show. She is a corporate responsibility expert who's worked with major brands like Kate Spade, Dell, Tiffany, J.C. Penney, and many more through her consulting compa

When’s the last time you sat your parents down and talked to them about their money? If you’re like most people, it probably hasn’t happened yet. And, I don’t blame you. Talking to your parents about their savings, their will, their hopes for what happens when they get older or after they die is unpleasant. But, as today’s guest will share, it’s absolutely necessary. Today, I’m interviewing Cameron Huddleston. She is an award-winning journalist with more than 17 years of experience.Cameron’s experience taking over her mother’s finances after her mom was diagnosed with Alzheimer's disease inspired her to write a book on how to to discuss finances with parents before it’s too late. It’s called Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances. Her articles have been published in Kiplinger’s Personal Finance, Business Insider, Chicago Tribune, Fortune, Huffington Post, Money, MSN, USA Today and more. She’s also the current Life + Money columnist for GOBankin

This Friday, lots of questions about best ways to invest for retirement and steps for co-mingling finances with a partner. I recently got married and we've been together for 10 years. We have built our lives together, but still have separate bank accounts. We are now talking about combining some money to create a household accountt. He uses a credit union, I use a bank. Is there a benefit to either? Does it matter?Special co-host is Catie Hogan is a financial planner with the women-owned Element Financial Group. She’s also the author of the humorous and informative book The Millennial’s Guide to Getting Your Sh*t Together, and an accomplished humor writer and performer. Catie is on a mission to help young adults, particularly women and those in marginalized communities, become more financially literate and empowered. She does this using simple explanations of complex topics, personal anecdotes, and humorous relatability.Catie understands what it means to be a broke Millennial. She finished college with six-fi

Why do you love some of your favorite brands? Is it because of their funny commercials, the fact that they give back, or because they truly care about their customers?And, what can companies - big or small - do to convey their brand accurately? How can they make sure their message is getting across? As an individual, what is YOUR personal brand? Today’s guest is an expert on branding, especially for women. Liz Dennery is the founder of SheBrand, where she and her team support companies with their brand development and positioning. They also help with creative direction, website development, social media marketing, and celebrity and influencer outreach.Liz has worked with brands like Escada, Hale Bob, Anastasia, Blue Cult, Bejeweled, Avia Spa, Paulina Maternity, The Tiger Woods Foundation, Elyse Walker, The Pink Party and Cedars-Sinai Medical Center.She’s also a huge supporter of non-profits that help women like Girl Up!, WriteGirl, Step Up Women’s Network and Kiva. Learn more about Liz at www.SheBrand.com and

"My relationship with money is money comes and money goes. For me, it’s not the point of success. It’s important for me to be financially stable and it’s important for me to be making a lot of money, but it’s not what I consider personal success.”  Sophia Parsa is a tech co-founder, Forbes 30 under 30 honoree and a very accomplished entrepreneur. She co-founded the company Toot, which is an on-demand tutoring service after her tutor bailed on her the night before a big exam in college. The night before the test, she found a new tutor, thanks to the help of a professor, but then realized there's probably a better way to connect with tutors on-demand. The idea for Toot was born. Later, Sophia launched a dinner club called Mountain Gate, where entrepreneurs gather for dinner. Through Mountain Gate, entrepreneurs can get advice, they can form business partnerships and just connect with people who are like-minded. Today, Sophia is the director of community at FabFitFun, which is occasionally a sponsor of this show

Financial expert Megan Gorman co-hosts with Farnoosh Torabi to provide answers to your latest money questions.Do student loans need to be paid off after the borrower passes away? Any pros or cons to transferring debt to a lower rate loan? How to manage money in your relationship?How much stock exposure is safe for someone in their 60's?   

This is a special bonus episode of Ask Farnoosh with co-host Joe Benvenuto, a Chartered Financial Analyst (CFA) who manages two of Charles Schwab’s branches in the Bay Area--Menlo Park and Sunnyvale, California. Joe has been in the financial services industry for more than 10 years. Prior to that, he served as an Infantry Officer in the United States Army.Topics covered: retirement saving, grad school, auto-rebalancing your portfolio and managing a windfall. (Farnoosh has been compensated by Charles Schwab. Farnoosh is not affiliated with Schwab and the views she expresses may not necessarily reflect those of The Charles Schwab Corporation or its affiliates. Farnoosh is a client of Schwab.)

"By sucking at surfing, I was able to get over my fear of public humiliation, right? Because when you surf, you are surfing where everyone can see you wipeout and miss waves. I got really used to being okay with that. Then I realized I could apply that to my writing. I started sharing my writing more as I got accustomed to that and thinking, “Well, the worst thing that happens is somebody sees my writing and they don't like it,” right? I mean, I’ll be okay with that." - Karen RinaldiWhat is something that you do in your life that you suck at...but....you love it?  For me, I'd say it's tennis. I don't suck at stand-up comedy, but it is something that I know is a constant work in progress...and, at the same time, is really exciting to me and hasn't, for some reason, discouraged me. It's actually inspired me and it led me to be better at other things, such as podcasting and thinking on my feet and not having a filter :) We are in conversation with Karen Rinaldi, a professional preacher of the gospel of suckitude

"We downsized everything and we went from living in a five bedroom house into a tiny little apartment, we went from having multiple cars, to just one car.” For many women, especially those who are women of color, access to financial education isn’t as readily available. But our guest today is trying to change that once and for all. Today we’re welcoming the founder of Clever Girl Finance, Bola Sokunbi. Bola received an early lesson in money when her father became ill and had to stop working unexpectedly. The problem with this was that he had used up all of his money to send her three brothers to college and didn’t have any money left over for Bola to further her education. Luckily, it was her mother, who began as a home maker, who told her that she would pay for Bola’s schooling from the money that she'd set aside from her side hustles and entrepreneurial pursuits over the years. Because of her mother’s hard work, Bola was able to leave Nigeria, get an education and go on to found her own business, empowering

Heading into Memorial Day weekend with some financial questions? Farnoosh has answers. Listeners want to know:"Should I go on an unpaid leave to complete a CFP program?""What are the best things that 21 year olds should be doing to set themselves up for success financially?""Is a high interest rate bank account like 2.35% worth it if you're going to get taxed on it?""How do I pace my startup with little funds and not wanting to borrow?""Is podcasting really making you money?"To send Farnoosh a question, click on Ask Farnoosh here or send her a direct message on Instagram @FarnooshTorabi.

"Money has always been something that you struggle with, right? I always say, money wasn’t something that we managed in our home. It was something we didn’t have, right? When we talked about money, it was always for my deprivation on place. It was always about how do we get more? How do we hustle with what we have?” Our guest today is Ramona Ortega, Founder and CEO of My Money My Future, Mi Dinero Mi Futuro. It's a mission-driven financial technology company that empowers Latinas to manage their money with confidence and the company creates culturally-relevant financial content that connects their audience to curated financial products. One of the most important aspects of personal finance is that it's personal. There's no such thing as a one-size-fits-all approach and that's especially true when it comes to teaching different communities and cultures about personal finance. Ramona is making waves in the world of personal finance, by helping the Latino community gain access to important financial education. S

Raise your hand if you have a 401k at work and wondering if you’re making the most of it? Or, if you’re not investing for retirement…yet…and wondering how to get started?We have a special BONUS episode brought to us today by Mass Mutual. I’ve recently partnered with them to help spread literacy on the issues related to saving for retirement. We’re going to unpack a lot of learning today with Teresa Hassara, who leads the Workplace Solutions business at MassMutual, providing comprehensive financial wellness services, including retirement plans, to over 30,000 companies and about three million plan participants.Teresa holds a B.A. from Vanderbilt University and earned her M.B.A. from the Wharton School of the University of Pennsylvania.  She is a member of the Board of Directors for Jobs for the Future and an active supporter of a variety of organizations focused on mentorship for women and young people in under-resourced communities. She is also passionate about women’s leadership and investing.To complement t