So Money With Farnoosh Torabi

Have you started holiday shopping yet? Today’s episode has some advice for you, as you embark on the spending frenzy. As part of So Money’s yearlong partnership with Chase Slate and as a brand partner for Chase, we have the honor of welcoming Jen Roberts to the show today. She is the head of Chase Pay and Digital Products at JP Morgan Chase. Jen has decades worth of experience in the credit card industry. She has advice for us on how to have #onelessthing to worry about, as we make our way through the holiday shopping season, make the most of our finances and reduce the financial stress that is natural this time of year. For more information, head to Chase.com.

How to make the most of your side hustle income? What are some great books on investing? If you applied for a job and didn't get it...should you try again? Farnoosh answers your top money and career questions. To send her your questions be sure to visit www.somoneypodcast.com and click on "Ask Farnoosh." You can also send her a message on Instagram @FarnooshTorabi

Like many moms, our guest today - Amy Nelson - did not want to quit her profession. But felt there were many forces at play keeping otherwise career-ambitious women at home after having children. One of those headwinds was the workplace, itself.Upon announcing she was pregnant with her first child, Amy, who was an attorney at the time,  noticed she wasn’t getting as many interesting cases. Her workload diminished...and unfairly. She thought she was on track to become a partner, but wondered if that would ever happen given the corporate culture towards mothers.Today, Amy is the founder and CEO of The Riveter, a female focused co-working space in Seattle. The company is growing fast. It has secured over $4 million in funding to expand to more locations. Amy has become quite the thought leader around all-things related to women, work, motherhood and feminism. I am a big fan and excited to share her work and ideas with all of you.You can learn more about Amy’s business at TheRiveter.co and follow them on Twitter

Today, we’re in conversation with Tim Chen, the founder and CEO of NerdWallet.com, who started the personal finance website out of a personal experience and need. Tim got laid off in the 2008 recession from a job on Wall Street. In that time frame, his sister came to him for some quick financial advice. She wanted to find the best credit card. His parents, around the same time, were seeking his advice for buying a mutual fund. His online search to answer these questions proved unfruitful and frustrating.  And it was then that Tim got inspired to create a well-designed, and unbiased destination for financial advice and products. Tim started Nerdwallet with $800. Today it worth hundreds of millions of dollars and has over 300 employees. What is next for the company, for the world of personal finance products and services and what are some of Tim’s own rules when it comes to managing his own money.To learn more about Tim’s company, please visit NerdWallet.com and follow them on Twitter @NerdWallet & Instagram @N

Co-host Barbara Sloan and Farnoosh address your big money questions, including managing your finances after a divorce,  the ins and outs of a reverse mortgage and ways to become a certified financial planner, More about Barbara Sloan: She is the operations manager for Manhattan Renovations, bringing with her a wealth of financial and logistical experience.  Prior to Manhattan Renovations Barbara gained the majority of her ten years of experience in the field of contracting with a concentration in finance but also diversified with time on Wall Street, in real estate and property management. To send in your questions for Farnoosh please visit www.somoneypodcast.com and click on "Ask Farnoosh."

Today we’re welcoming back Dan Schawbel to the show. Some longtime listeners might remember Dan from way back in Episode 24. Dan is a friend of mine and a New York Times bestselling author of two career books. He’s also a Partner and Research Director at Future Workplace and the Founder of both Millennial Branding and WorkplaceTrends.com. His third book, Back to Human: How Great Leaders Create Connection in the Age of Isolation, will be published on November 13th, 2018. In it, Dan shares the result of years of research to show why virtual communication actually makes people feel more isolated at work than ever before. And, he’ll give us some advice on what we can do about it.To learn more about Dan, please visit www.DanSchawbel.com. Follow him on Instagram @DanSchawbel and on Twitter @DanSchawbel.

Making more is a matter of the mind, our next guest says. David Neagle is the founder of the multimillion-dollar global coaching company Life Is Now, Inc,. Through his work, David helps thousands of entrepreneurs gain confidence and improve their money mindset to reach radical financial success.David is a high school drop-out who had a near-death experience early on in life...It was a wake-up call like none other that felt like a second chance at his own life and the opportunity to help others reach their greatest potential.   To learn more about David Neagle, please visit www.DavidNeagle.com, and follow him on Twitter @DavidNeagle.

Pareasa Stewart, a So Money devotee, joins Farnoosh to discuss ways to save up for a big move to New York, how people can play catch up in their retirement savings and Roth IRAs versus 401(k)s.More about Pareasa: She's been a huge fan of the show since its early days.  She is a Millennial and lives in Houston, Texas. She works in the mortgage industry and loves public speaking, real estate and her mom. Pareasa's mom is Persian (like me!) and together, the enjoy listening to So Money and reading When She Makes More, my latest book.

“I was a 22-year-old Wall Street Journal reporter. One of my first stories, I went to go interview a businessman. He locked the door of his office and took of his clothes and stripped to his underwear.”I promise, this episode does have something to do with money, a lot in fact. My guest today is Joanne Lipman, author of That's What She Said: What Men Need to Know (And Women Need to Tell Them) About Working Together.Joanne began her career as a Wall Street Journal intern and spent 20 years working there as a journalist. She's also a former editor-in-chief of USA Today. Her book is about workplace equality. For the first time, it is a book that encourages men to become an integral part of the conversation, instead of ostracizing them, or blaming them for the problems that we have today.We'll talk about the genesis for this book (It happened on an airplane.)Easy low-hanging fruit solutions how we can improve gender equality in the workplace.Being raised by depression-era parents and hustling it in her early 20s

Our guest today is Sol Orwell and he’s an entrepreneur, world-traveler and philanthropist. Born Ahmed Farooq he decided to name himself after George Orwell...We discuss the roots of his unique philosophies on life, relationships, business...as well as his personal identity. Also, the early lessons that have led him to financial success.   Sol is an immigrant. He moved with his family from Saudi Arabia to the West as a kid.  He retired in his mid-20’s, after achieving mega success with his website Examine.com, a destination for learning about nutrition. To learn more about Sol’s thoughts on entrepreneurship, visit SJO.com.  

Farnoosh and co-host Eric Roberge, a frequent So Money guest, Certified Financial Planner and founder of Beyond the Hammock, discuss your financial questions.This week you want to know:What are some smart ways to raise capital for a start-up?Are the fees for using an investing app too high?Where to park savings for a future home?Can having multiple credit cards hurt your credit score?Remember, you can always leave me your questions by clicking on Ask Farnoosh in the corner, or DM me on Instagram.

How to know when your side-hustle deserves your fullest attention? And it’s time to give your day job your 2-weeks notice?Our guest today, Leah Gervais, first came on the podcast last year, episode 602. She joined me for an Ask Farnoosh jam session and, at the time, she was a working professional in New York, and also blogging at her site Urban20Something.com for a creative outlet. Today, she’s fully self-employed, has said buy-bye to her 9 to 5 and dedicating all her focus to her website.When did she know she was ready?How is she monetizing her platform?What advice does she have for you, if you’re considering a side gig or in the midst of one...and wanting to make more of it.Please visit Leah’s website at Urban20Something.com and follow her on instagram @Urban20Something.Leah would like to share with us her free case study that describes how she went on to make thousands of dollars in her side hustle. It also comes with an interactive element so you can apply the differences to your business. It's at Urban20

If you’ve ever struggled with your weight … you may have thought to yourself, "My life would be better if I was just thinner." Or, "Life is just 20 lbs away."Today, I’m interviewing Sarah Jenks, She is an entrepreneur, Nutrition and Life coach, and the founder of Whole Woman, a monthly online membership for women seeking the answers to “Who am I?” and “Why am I here?” She’s also the creator behind Live More Weigh Less™, the most popular online emotional eating program. After struggling with her own body issues her entire life, she decided to create a program to help other women overcome those same challenges. Sarah’s community is made up of over 100,000 women.The similar triggers for overeating and overspending.Sarah lives on a 23 acre farm. How the decision to move here after living an urban life was a bit of fate.The triumphs and challenges of being the female breadwinner in her marriage.To learn more about Sarah Jenks, please visit www.SarahJenks.com. Her newest program is available now: WholeWoman.me. She

This week on Ask Farnoosh, Farnoosh and special co-host Leyla Shams, an avid So Money listener, dive into your money questions including: "What are the best way to invest?" "Should I cancel my credit card?" and "Is it worth it to pay down my student loans if I'm starting a business at the same time?"After earning her professional degree in architecture, co-host Leyla Shams spent several years traveling the well-worn path to becoming a licensed architect. But after being laid off during the 2007 recession, Leyla started exploring other options: instead of immediately looking for her next job, she began a number of independent ventures, most notably a language-learning podcast called "Learn Persian with Chai and Conversation". After the birth of her son in 2016, she left architecture completely, and has now made a career of her "side hustles." She encourages others to do the same.

When it comes to investing, you’ve probably heard the phrase, ‘Buy what you know.’ Do you believe it? I’m asking because today’s guest believes that is “profoundly dumb advice.”  II think that’s sort of good advice..."Buy what you know!" " Don’t get into something you know nothing about!" (ehem bitcoin). But today’s guest, Dr. Daniel Crosby, a New York Times bestselling author, psychologist, behavioral finance expert and asset manager, thinks that is not sound advice.Daniel was last on the my show, you might remember on Episode 453 about two years ago. He’s back with a new book called the Behavioral Investor and in it, he examines the sociological, neurological and psychological factors that influence our investment choices. He believes that we should first understand human nature and our own tendencies before making investment decisions.A little bit more about Daniel: He’s a sought after expert, frequent speaker and he was named one of Investment News’ 40 Under 40 and also, a "Financial Blogger You Should Be

What if you had $70,000 worth of consumer debt and losing your job amidst all of that financial stress?Today, I’m interviewing Adeola Omole on the show. She describes herself as a lawyer by trade and a money coach by choice. Her journey of achieving debt ZERO and building a community for women and money is the focus of our conversation today.Raised by immigrants in a family of six children, Adeola watched her parents work hard but also pinch pennies. Seeing her parents’ financial struggles growing up, Adeola thought debt was a normal part of life. This led her to make her own money mistakes. By the time she was a young adult finishing her clerkship just out of law school, she had amassed $70,000 worth of consumer debt.Fast-forward to today, Adeola and her husband are debt-free and building great wealth. They’ve even managed to pay off their mortgage. Adeola also has a new book: 7 Steps to Get Out of Debt and Build Wealth.You can learn more about Adeola on her website adeolaomole.com, on Instagram at @adeolaom

Farnoosh is joined by So Money listener Reuben Subramaniam, founder of K2 CollaboratorsQuestions on today's episode include:Advice for saving money on a very low salary in a currency *other* than dollars?When is the appropriate time to tell my employer that I'm expecting? Is it OK to open up a credit card just for the immediate rewards?

Today’s guest is going to share how to recover - and thrive - after losing everything. At one point, Tracy Matthews had a successful handmade jewelry business, earning over $1 million in annual revenue. You could find her jewelry in over 350 stores internationally and worn by celebrities like Halle Berry, Orlando Bloom, and Kate Hudson. But, Tracy grew the business fast and made mistakes. In 2009, she made the difficult decision to declare bankruptcy and close shop.The story has a happy ending. Tracy once again has a thriving custom jewelry business. She’s learned from all her failures and now teaches other aspiring jewelry designers how to grow successful businesses through her Flourish & Thrive Academy. On the show: How did she pick up the pieces after her bankruptcy? And how *does* a jewelry designer grow a business in today’s market?To learn more about Tracy Matthews, visit FlourishThriveAcademy.com, and follow the academy on Instagram @Flourish_Thrive.

How does a six-figure income turn into six-figures of debt?Our guest Bonnie Koo was making six-figures by age 23 working on Wall Street. A career pivot into medicine quickly changed all of that when she attended medical school and took on $200,000 in student loans. She also racked up about $20,000 in credit card debt.Bonnie, now a dermatologist, is on the other side of that money story. She’s since taken control of her financial life, she’s paid down the debt and has launched a site helping other professional women and doctors master their money.Bonnie blogs at MissBonnieMD.com. She also co-hosts a podcast called Friends Talk Finance.She shares the exact moment she decided to get serious about money. The book that helped her turn her financial life around...and a unique way to think about retirement planning that won’t make your head hurt.To learn more about Dr. Bonnie Koo, please visit www.MissBonnieMD.com and follow her on Instagram @MissBonnieMD.

This week on Ask Farnoosh ....Weighing the costs of graduate school, finding money for a start-up, optimizing extra income, and financial advice for physicians.  So Money listener Lydia Benham joins the show to help Farnoosh answer your money questions. Lydia is an entrepreneur in the fintech/blockchain sector who's been investing since she was 25!