So Money With Farnoosh Torabi

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

"The firemen broke down my door and my heart stopped in the ambulance. They took me to the hospital. They revived me and put me on life support and then called my family and said, “You need to come. She’s not going to wake up. Even if she does, she’s going to be permanently brain damaged for the rest of her life.”Have you ever felt there's something more out there for you? Do you ever feel life is passing you by, or that you have regrets for a chance, or an opportunity that you just didn't take?  We're having one of the most candid and intimate conversations I've ever had with a guest on this show. Her name is Ruth Soukup. She is the author of Do It Scared: Finding the Courage to Face Your Fears, Overcome Adversity and Create a Life You Love.As you just read, she really experienced life at rock bottom, having almost died from multiple suicide attempts and an incredibly difficult entry into adulthood.Now on the other side of things, Ruth runs a wonderfully successful business. She is a mother, wife and woman l

How to talk money with your partner when you suspect he or she isn't managing their finances properly? How to build you own savings when you're supporting your parents? And where is the best place to start investing?Answering your money questions this week with co-host, Kim Autore, an avid So Money listener.More about Kim: She is a listener from Pittsburgh, Pennsylvania. She has followed SoMoney for the last two years while hustling to catch up on her personal financial literacy. Kim is a Registered Dietitian by trade but has worn many hats to “bring home the bacon." Kim is naturally a go-getter. Since finishing grad school in 2013 she bought and renovated her first house, explored professional roles in several industries, got married, and picked up a couple adventurous hobbies along the way. Anyone else up for rock climbing? She is determined to one day have a thriving business of her own and even write a book. Long-term, Kim wants to reach an audience of young women to spread messages of empowerment, indepe

Last week, I had the great honor of greeting Carrie Schwab-Pomerantz at Stacks House and interviewing her in front of a live audience. We're grateful to have Schwab as one our partners at Stacks House. Together we developed the Retirement Rodeo that houses our famous mechanical piggy bank. Our goal was to bring to life the importance of saving for retirement through an unmatched, memorable experience. Our bucking savings pig illustrates the ups and downs of the stock market and why it's important to hold on.We were excited for Carrie's visit, not just so she could get a chance to experience Stacks House, but because she is such a leading advocate for financial literacy. She is one of America’s most trusted sources for financial advice and has devoted her career to helping men and women from all walks of life achieve financial security.Carrie and I talk about her early days working for her father, the great Charle Schwab, the challenges women face when it comes to securing their futures and what we can do abou

Ramit Sethi, author of the New York Times bestseller I Will Teach You To Be Rich, has become a financial guru to millions of readers in their twenties, thirties, and forties.After the massive success of his first book, I Will Teach You to Be Rich, he's back - ten years later - with a second edition, updated and expanded for a new age.In our latest conversation (Ramit was on previously - check it out), we discuss:The additions and omissions he decided to make in the new version of his book - and why.The untold realities of executing a prenup with your partner-to-be. Ramit shares details from his own experience.The current attacks on financial experts who believe in personal accountability.Ramit started his website, iwillteachyoutoberich.com, as a Stanford undergraduate in 2004, and he now hosts over a million readers per month on his blog, newsletter, and social media. Sethi grew up in Sacramento, the son of Indian immigrant parents who taught him the art of negotiating—his father once spent five days negotiat

“When Barbara Walters was in her 30s and 40s, her father was a nightclub owner and he gambled away his family’s fortune on these investments and as a result of that, Barbara was always very conscious of money and always very afraid that her fortune could disappear one day.”That’s Ramin Setoodeh, our guest today, talking about the one and only Barbara Walters, creator of The View.  Ramin is the author of Ladies Who Punch. It’s a brand-new book that takes a deep dive into the personalities behind The View. If anyone here listening is a fan of The View, or once upon a time watched it, this episode is for you.Ramin’s book has become an instant New York Times bestseller, despite initially being rejected by publishers over 20 times. Can you believe that? You heard him talk a little bit about some of the financial fears that Barbara Walters harbors. Ramin went deep with this book looking at how The View came to be, the surprising rejection that The View received in the beginning of Barbara Walters’ pitch, as well as

Answering listeners questions including: Navigating your job after being passed up for a promotion while on maternity leave. Should you stay and wait for the next opportunity to be promoted or leave? Also, is becoming a certified financial professional required if you want to be a money expert? Farnoosh speaks from her own experience!

Marc Lichtenfeld is the Chief Income Strategist of The Oxford Club, a private club located in Washington, D.C. with over 157,000 members representing over 130 countries. Members of The Oxford Club are investors and entrepreneurs to work together to learn and share opportunities to grow and protect their wealth.On this podcast, we often talk about long-term investing and investing in low fee index funds, not doing hand-picking stocks. But Marc has a great deal of experience investing in the stock market and particularly with dividend stocks. So this episode focuses on some of the ways to approach dividend investing and general smart practices for investing in the stock market. In addition to working with The Oxford Club, Marc is also a two-time author. His first book, Get Rich With Dividends: A Proven System for Double-Digit Returns was awarded the 2016 Book of the Year by the Institute for Financial Literacy. Just recently, his second book, You Don't Have to Drive an Uber in Retirement earned the same honor.

Tamanna Roashan is a superstar entrepreneur with two and a half million Instagram followers. If you love makeup and beauty, then you may have heard of Tamanna. Her first job was as a wedding photographer when she was just 13 years old. Her artistic eye in photography training helps her help brides look stunning on their wedding days. This led to a love of makeup and a path to cosmetology school but that wasn’t the end of it. Tamanna’s parents urged her from an early age to become an entrepreneur. They encouraged her to build a life being her own boss. She earned a marketing degree from there and led her to build a massive business around her artistry. She is the founder of the company called DressYourFace and she’s created the bestselling Tamanna pallet. She is a triple certified makeup artist and has built a social media empire as well as an online makeup school at dressyourfacelive.com. Lots to learn from Tamanna, especially in particular, the importance of having an offline business and not just being an i

This week: How to maximize tax deductions, paying down student loan debt and evaluating stock options.Special co-host and listener Michael Reynolds, founder of Elevation Financial, joins the show.Michael Reynolds (Principal of Elevation Financial) is passionate about entrepreneurship and financial education. He has founded/co-founded a number of successful businesses, including a training company, a software company and a virtual staffing firm. After 23 years as the co-founder/owner of SpinWeb, a digital marketing agency, he sold the agency in order to focus on what he loves — helping people improve their financial health and advising entrepreneurs.Years ago Michael developed an itch to work in financial services. He became licensed to help people with investments and financial needs, purely as a passion project. His clientele grew organically and he developed a strong attachment to the process of managing money and helping others do the same — all while running his agency, starting new businesses, getting ma

We are in conversation with Kate Snow, one of the most accomplished television journalists. You've probably seen her on NBC News. She's the weekday anchor for MSNBC Live, as well as national correspondent for NBC News and anchor of NBC Nightly News Sunday editions. Kate has travelled extensively and built a reputation for stories that create change. She's covered politics throughout her career, including five presidential elections, the White House and Congress. She continues to cover developing news stories from the mass shootings in Newtown to conflict in the Middle East to allegations against Bill Cosby. She's currently hosting a series called The Drink with Kate snow, where she has a drink with incredibly interesting people from fashion designer Isaac Mizrahi, to actress Kate Hudson, to NASA astronaut Peggy Whitson. On So Money, we dive into her career, how she arrived in her field as a journalist, as a top journalist for NBC, the stories that she's drawn to cover, including the financial ones, and Kate's

David Bach is one of the most trusted financial experts and bestselling financial authors of our time. He has written nine consecutive New York Times bestsellers with over seven million copies in print, including two #1 New York Times bestsellers, The Automatic Millionaire and Start Late Finish Rich. His latest book is THE LATTE FACTOR, Why you don’t need to be rich to live rich.  Visit his website on the book atwww.thelattefactor.com.In addition to his books, David has impacted millions of people over the past two decades through his seminars, speeches, newsletters, and thousands of media appearances. He is also the co-founder of AE Wealth Management, regarded as one of America’s fastest-growing financial planning firms, and the founder of FinishRich Media, a website dedicated to revolutionizing the way people learn about money. Learn more at www.davidbach.com

This week on Ask Farnoosh, host Farnoosh Torabi answers you money questions related to retirement investing, student loans, controlling emotional spending and more.

For all your Ask Farnoosh fans out there, I'm releasing an advance bonus episode! Woohoo!!!Our special co-host today is Joy Stephens, a Certified Financial Planner who manages Schwab’s branches in Arlington, Virginia and Annapolis, Maryland. Joy has been with Schwab for almost 2 years and has been in the financial services industry for 15.  Joy received her bachelor’s degree in finance from Lehigh University and her MBA from Duke University.Together we tackle your money questions related to Roth IRAs, saving for college and how to prepare for a possible correction in the market.As many of you know, I’m working with Charles Schwab to help spread financial literacy to the masses and it's been a really great collaboration so far. I'm a Charles Schwab customer and have been for many years. Before we get started, I just want to thank Charles Schwab 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 offers a range of service

Our guest today says self-care is the key ingredient to actually overcoming your obstacles and pursuing your passions,  We are welcoming Susan Hyatt to the show, a certified master life coach and the creator of The BARE coaching program. Her book is called BARE: A Seven-Week Program to Transform your Body, Get more Energy, Feel Amazing and Become Unstoppable. In the book, Susan shares how she reached rock bottom, struggled with her weight and transformed the way that she felt about her body and herself. Susan runs an incredibly successful coaching business, helping other women do the same and you better believe we talk about money because money is such a source of emotion, right? It triggers a lot feelings of self-worth - or lack thereof -and all of that contributes to your self-esteem, your well- being, body image, all of it. Susan's website is www.shyatt.com. She is on Instagram @SusanHyatt.

How would you like to learn about money in 30 seconds or less? I would. Well, our guest today is the Founder and CEO of a company that's doing just that. Her name is Tina Hay and her company is called Napkin Finance. It's a multimedia platform, where readers can learn everything about money in 30 seconds or less. It's a platform for people of all ages to learn about money as well. It's super visual, very fun, very simple. Her company is in high demand right now as you can imagine. In fact, Napkin Finance has partnered with the White House from Michelle Obama's Better Make Room and Reach Higher initiatives, as well as numerous nonprofits, schools and universities. There's a book coming out later this year. Lots going on. Tina Hay is also a fascinating founder and woman. What led her to Napkin Finance and what are some financial concepts the company's yet to tackle? Tune in!

This week's Ask Farnoosh recorded from Los Angeles, amidst the launch of Stacks House in Los Angeles, the financial pop-up that Farnoosh co-founded. This week: Questions about financially supporting aging parents, investing versus paying down debt and credit score hacks. 

Tori Dunlap believes she was put on this planet for one reason and one reason only, to fight for wealth equality.   Tori She is the Founder of Her First $100k, a website and a movement. Tori created Her First $100k to educate women about money and to encourage them to join her on the journey to amass a $100,000 by 25. She teaches women how to negotiate, save, invest and she's a content creator, a speaker and a coach. She's only 24. I haven't been 24 in a while and I thought I was ambitious then and Tori definitely takes the prize. You can follow Tori on Instagram @HerFirst100K