So Money with Farnoosh Torabi

<p>This week: Is it worth it to transfer savings out of your current bank to a high-yield savings account (HYSA)? Given a new law, is it wise to rollover unused 529 dollars into a Roth IRA? How can parents raise kids to be "so money?"</p><p>Subscribe to Farnoosh's new podcast: <a href="https://podcasts.apple.com/us/podcast/better-business-podcast/id1673076981">Better Business</a>.</p><p>Sign up for <a href="https://mailchi.mp/somoneypodcast/so-money-ebook">Farnoosh's newsletter here</a> and instantly get a copy of So Money Secrets, a compilation of the best advice shared on the podcast.</p><p>Register for <a href="https://pitchpleaseworkshop.com/">Pitch, Please in NYC.</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

In honor of Women’s History Month, we’ll be spotlighting leading women entrepreneurs and field experts throughout March. We kick off with Aliza Freud who Founder and CEO of <a href="http://shespeaksinc.com/">SheSpeaks</a>, an online marketing platform that builds and operates largely women-led influencer communities on behalf of Fortune 500 brands. She shares what compelled her to start her company in the thick of the great recession in 2009, her specific advice for aspiring influencers on how to lay a strong foundation for long-term success and...what do women want? What is the #1 way women want to re-acclimate and make up for some of the hardships they endured during the pandemic? <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Tess Waresmith is the founder of <a href="https://wealthwithtess.com/">Wealth with Tess</a>, a financial education platform helping women professionals and entrepreneurs build their wealth and confidence using simple investing strategies. Her passion for helping others learn to invest comes from making her own big investing mistake early in her life that cost her over $80,000 dollars in less than 5 years. Tess has over 10+ years of experience in the stock market, real estate, and businesses, and has grown her net worth by $500,000 over the last 4 years using simple investing strategies.</p><ul><li><em>Follow Tess on Instagram - </em><a href="https://www.instagram.com/wealthwithtess/?hl=en"><em>@</em></a><a href="http://www.instagram.com/wealthwithtess"><em>wealthwithtess</em></a></li><li><a href="https://www.moneyconfidentcoach.com/webinar-registration1643718898847"><em>Free Training - How to Build Wealth The Simple Way Investing</em></a><em> - Join my next free workshop to learn how t invest in the stock market using an effective, low-maintenance strategy, perfect for busy professionals and entrepreneurs that are short-on-time or beginners. </em></li><li><a href="https://www.moneyconfidentcoach.com/optin1676043690053"><em>Financial Independence Checklist</em></a><em> - If you want to ensure you have enough money to retire but aren't sure where to start or don't know if you are behind financially, this is the checklist is for you</em></li><li><em>Website - </em><a href="http://wealthwithtess.com/"><em>Wealthwithtess.com</em></a></li></ul> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week, Farnoosh answers audience questions related to investing, negotiating a salary and getting on the "right" track when you're just starting out in your 20s to design a meaningful and prosperous life.</p><p><a href="https://mailchi.mp/somoneypodcast/so-money-ebook">Sign up for Farnoosh's newsletter</a> to be the first to learn about all the news, giveaways and more. Receive a free download of So Money Secrets when you do.</p><p>Grab one of the last spots at <a href="https://pitchpleaseworkshop.com/">Pitch, Please! April 28th in NYC.</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>Dan Sheeks, founder of <a href="https://sheeksfreaks.com/">SheeksFreaks</a> and author of <a href="https://store.biggerpockets.com/pages/coming-soon"><em>First to a Million: A Teenager’s Guide to Achieving Early Financial Freedom</em></a> shares strategies, concepts, and the mindset teenagers need to achieve early financial freedom.</p><p>More about Dan: He is a high school Business/Marketing teacher, real estate investor, and personal finance advocate in Denver, CO. His students have competed at the national level in entrepreneurship, personal finance, marketing, and hospitality services with much success over the years. The SheeksFreaks community aims to help teens use specific methods of saving, earning extra income, and investing to set them on a track to purchase real estate investment properties in their early 20s and achieve financial independence at a young age.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Sister co-founders Elena Zienda and Christina Dorr Drake discuss launching their business <a href="https://willaskitchen.com/">Willa's Organic Oat Milk</a> at the start of the Covid-19 pandemic and while navigating Christina's early stage cancer diagnosis. Also: the secret to two sisters managing to run a business together, the legacy of their grandmother that helps drive Willa's mission an how fear enabled them to succeed time and time again. To try Willa's oat milk, check out this link: <a href="https://willaskitchen.com/discount/SOMONEY">https://willaskitchen.com/discount/SOMONEY</a> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: Socially responsible investing, tips for buying a car, deciding whether to quit a job and more. Farnoosh selects 15 winners for Ramit Sethi's I Will Teach You to Be Rich journal. Email <a href="mailto:[email protected]">[email protected]</a> if you hear your name along with your mailing address.</p><p>Podcasts referenced: Alleviating Burnout with <a href="https://podcast.farnoosh.tv/episode/cait-donovan/">Cait Donovan</a> & Socially Responsible Investing with CFP <a href="https://podcast.farnoosh.tv/episode/ask-farnoosh-350/">Georgia Lee Hussey </a></p><p>Join Farnoosh's <a href="https://mailchi.mp/somoneypodcast/so-money-ebook">So Money newsletter</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>A special show for my birthday. We're in conversation with one of my favorite new authors, Tara Schuster, who wrote the acclaimed, wildly popular book Buy Yourself the Fucking Lilies. She will soon release her highly anticipated new book Glow in the F*cking Dark: Simple Practices to Heal Your Soul, from Someone Who Learned the Hard Way. I am reading it now and in true Tara style, the book is raw, relatable, and full of wisdom. She and I discuss easy ways to heal your deepest wounds, getting off your “good enough” plateau, and the power in loneliness. Visit my Instagram to learn how to enter to win a free copy of her new book.</p><p>And if you'd like to enter to win a copy of Ramit Sethi's I Will Teach You to Be Rich Journal:</p><p>—<strong> LEAVE A REVIEW</strong> in Apple podcasts. Preferably a review of one of Ramit's appearances on So Money. </p><p>And/Or</p><p>— <strong>CREATE A FAN POST ON SOCIAL MEDIA. This can be a video, reel, feed post on Instagram or TikTok. </strong>Tags: </p><p>Instagram: @farnoooshtorabi and @ramit</p><p>TikTok @farnooshsomoney and @ramit.sethi </p><p>Giveaways announced February 19th, 2023.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>Fed up with the lack of pay transparency in the US, 20-something Hannah Williams hit the road with a camera to ask everyday Americans "How much do you make?" Since 2022, her videos, posted on social media, have gone viral and it's led her and her co-founder to quit their day jobs and focus on building their company Salary Transparent Street full-time. What are the reactions people have given here when asked to reveal their pay? Is it always "safe" to share?</p><p>Follow Salary Transparent Street on all their <a href="https://stan.store/salarytransparentstreet">platforms and learn more here</a>.</p><p>To enter to win an I Will Teach You to Be Rich journal by Ramit Sethi:</p><p>—<strong> LEAVE A REVIEW</strong> in Apple podcasts. Preferably a review of one of Ramit's appearances on So Money.</p><p>And/Or</p><p>— <strong>CREATE A FAN POST ON SOCIAL MEDIA. This can be a video, reel, feed post on Instagram or TikTok. </strong>Tags:</p><p>Instagram: @farnoooshtorabi and @ramit</p><p>TikTok @farnooshsomoney and @ramit.sethi</p><p>Giveaway ends on February 19th, 2023.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This Friday: How to rebuild your finances in the aftermath of a divorce, the ins and outs of 529 plans, how adult kids can engage their aging parents in a discussion about their retirement and long-term financial plans and a credit card conundrum.</p><p>Mentioned on the show: Check out todaytix.com for deals on theatre tickets.</p><p>To enter to win an I Will Teach You to Be Rich journal by Ramit Sethi:</p><p>—<strong> LEAVE A REVIEW</strong> in Apple podcasts. Preferably a review of one of Ramit's appearances on So Money.</p><p>And/Or</p><p>— <strong>CREATE A FAN POST ON SOCIAL MEDIA. This can be a video, reel, feed post on Instagram or TikTok. </strong>Tags:</p><p>Instagram: @farnoooshtorabi and @ramit</p><p>TikTok @farnooshsomoney and @ramit.sethi</p><p>Giveaway ends on February 19th, 2023.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>As part of the show's partnership with Amex, my latest episode is with the one and only financial <a href="https://www.financeiscool.com/">pop star Haley Sacks, aka Mrs Dow Jones</a>. In a rare podcast interview, Haley shares the beginnings of her rise to fin-fluencer fame and offers advice on everything from setting money goals to optimizing taxes and banking like a pro.</p><p>Mentioned on the program: <a href="https://www.americanexpress.com/en-us/banking/online-checking/">American Express Rewards Checking </a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

I am very choosy when it comes to following content creators on social media. One of my favorites is Caitlin Murray for her honest, funny and real advice for parents. As the mom of three, Caitlin takes to <a href="https://www.instagram.com/bigtimeadulting/?hl=en">Instagram</a> (500k followers) and her <a href="https://podcasts.apple.com/us/podcast/big-time-adulting-podcast/id1593880783">podcast</a>, both entitled <a href="https://bigtimeadulting.blog/">Big Time Adulting</a>, to entertain and inspire tired, overwhelmed and determined parents everywhere. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>Investing is a big theme on today's show. Listeners want to know:</p><ul><li>Should I sell my investments if they've performed poorly and I may need the money soon?</li><li>What are the best types of investment accounts for retirement that don't have minimum ages for withdrawals? </li><li>How do I prioritize contributions to the 401k, my Roth, and my high-yield savings account? </li></ul><p>Plus: The benefits of student loans and the pros/cons of pet insurance.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This episode: All your top questions about dating and money answered.</p><p>Guest Lily Womble was one of the top matchmakers in the U.S. After setting up hundreds of first dates, she realized that with the right tools, high achieving women could match themselves better than anyone else ever could. She started her company, <a href="https://www.datebrazen.com/">Date Brazen</a>, five years ago and has since helped thousands of women become their own expert matchmaker with her unconventional, intersectional feminist approach to dating. Grab Lily's<a href="https://date-brazen.ck.page/c651f5218e"> Free Guide to Make Dating Feel Like Self-Care</a>. Subscribe to her <a href="https://podcasts.apple.com/us/podcast/the-date-brazen-podcast/id1498856353">podcast</a> and follow her on <a href="%20https://www.tiktok.com/@datebrazen">TikTok</a>.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Scarlett Cochran is the founder of <a href="https://onebighappylife.com/">One Big Happy Life</a> and author of the new book, <a href="https://onebighappylife.com/its-not-about-the-money-book/">It's Not About the Money:</a> A proven path to building wealth your way while creating the rich life that you deserve. Listen to Scarlett's <a href="https://podcast.farnoosh.tv/episode/tasha-cochran/">first appearance on So Money</a>. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>On today's episodes: Wise ways to prioritize savings goals and potential risks (and rewards) to quitting your job in this economy. Also, special guest Corey Timlin, Head of Consumer Deposits at American Express, offers insights on how to pick a good checking account.</p><p>This episode is brought to us by American Express. For more visit <a href="http://www.AmericanExpress.com/RewardsChecking">AmericanExpress.com/RewardsChecking</a>.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Today's guest is a friend and top financial journalist, Diane King Hall, who's been covering business news for more than 20 years. King Hall was most recently a correspondent and fill-in anchor for CBS News. She cut her teeth in the leading newsrooms in the country, and embedded on Wall Street. King Hall has worked at Bloomberg, BBC, NY1, and CNN. She is passionate about sharing the principles she has learned to help uplift people and improve their financial lives. She shares wisdom and practical steps from her own journey navigating the world of money. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<a href="https://zarnagarg.com/"><strong>Zarna Garg</strong> i</a>s one in a billion, an Indian immigrant mom stand-up comedian who believes brown women everywhere have a right to laugh at anything and anyone they want–including the sacred cows: brown men and their mothers. She is a regular at the iconic Comedy Cellar and Carolines on Broadway in NYC, has performed in Vegas and the famed Kennedy Center, and is touring nationwide in 2022. A <a href="https://www.tiktok.com/@zarnagarg">TikTok comedy sensation</a> with over 100 million views and 510.7k followers (<em>and growing FAST</em>), Zarna won Kevin Hart’s Lyft Comics comedy competition on Peacock and the 2021 Ladies of Laughter Newcomer Award. She also won the Top Comedy Feature Screenplay Award at the 2019 Austin Film Festival and was a Nicholl Fellowships Semi-Finalist. Zarna talks about her pivot to comedy in her 40s, motherhood, money and laughing about the "sacred cows": brown men and their mothers. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

This week's Ask Farnoosh covers leveraging the equity in a primary home to buy a second property, how to choose a CPA, whether to invest in a Roth IRA or pay off high interest student loans, and the risks that come with parents helping their adult children pay down debt. Plus, a new reviewer of the week earns a free money consult. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>Integrity. Kindness. Substance and value. These may not be the words used to describe today's media moguls or Fortune 500 CEOs, but it is how many remember the late <a href="https://letsbefrankbook.com/">Frank Biondi</a>, the former CEO of HBO, Universal Studios, and Viacom. Today's guest is Jane Biondi Munna, Frank's youngest daughter and co-author of his memoir, <a href="https://letsbefrankbook.com/"><em>Let's Be Frank</em></a>, where she shares how he made good relationships alongside great deals, earned respect while earning multi-million dollar returns, and maintained character even when surrounded by an industry full of characters.</p><p>More about Jane: She is an executive at JPMorgan Chase. She has served for over a decade in roles across marketing, finance, strategy, and communications, including as the executive communications partner to the co-president and COO of the firm. Her twenty years of experience began with investment banking and included a few years in marketing and special events for the Los Angeles Dodgers where she booked celebrities to throw out the ceremonial first pitch or sing the national anthem.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>We are midway through January and the overwhelm of financial resolution setting may already be setting in. How to navigate your finances and achieve your savings and investing goals more gracefully in 2023? Guest Nicole Stanley is the founder of Arise Financial Coaching, a company dedicated to helping professionals who have tried <em>everything</em> finally ditch debt, save more, and enjoy financial confidence. In five years, she went from battling financial anxiety to building her family’s net worth to over $250K on an annual salary of $56K. In 2020, after her husband became furloughed, Nicole officially started her coaching practice and became the sole breadwinner in her household. She speaks candidly about that pivot.</p><p>Fun fact: The average Arise client saves $20K in six months without giving up the things <strong>they</strong> <strong>love</strong>. Nicole lives in Denver, CO with her husband and two children.</p><p>Learn more about Nicole on her <a href="%20https://www.arise.financial/?utm_source=So+Money+&utm_medium=Podcast&utm_campaign=So+Money+Podcast+">website</a> and <a href="https://www.instagram.com/arise.financial.coaching/?utm_source=So+Money+&utm_medium=Podcast&utm_campaign=So+Money+Podcast+">Instagram</a>. Check out her So Money <a href="https://podcast.farnoosh.tv/episode/nicole-stanley/">interview from May 2022.</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

This week on So Money: A listener has a question about losing her house in a divorce and the financial considerations to make before breaking up. How to invest for yourself and your kids under one roof? My best advice for college students seeking a return on their experience? How did I structure my business? And more. Plus, a new reviewer of the week. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>How to reconcile the fact that while your immigrant parents want you to be financially safe and secure, their advice doesn't speak to your ambitions or search for happiness? Financial planner Anna N'Jie Konte is our guest. She is the founder of <a href="https://www.daretodreamplanning.com/">Dare to Dream Financial Planning</a>: a fee-only, virtual financial planning firm that serves the needs of 30/40 something women of color who want to live boldly and make a lasting impact on their family tree. </p><p>Konte is also the host of the<a href="https://www.annanjiekonte.com/firstgen-realness-podcast"> “First-Gen Realness”</a> podcast. There, she engages in conversations with her fellow first-generation Americans in order to reinforce their value and immense contributions to the fabric of America. </p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>With the new year comes new decisions: Should I quit? Take the new job? Get married? Have kids? Start a business? Buy a home? Guests today are Stanford Professor <a href="https://myrastrober.com/"><strong>Myra H. Strober</strong></a> and social innovation leader <a href="https://www.abbydavisson.com/"><strong>Abby Davisson</strong></a>, co-authors of the new book <a href="https://www.amazon.com/Money-Love-Intelligent-Biggest-Decisions-ebook/dp/B09XMRVGXW"><strong>Money and Love: An Intelligent Roadmap for Life’s Big Decisions</strong></a>. In our conversation, they share a road-tested strategy for making high-stakes decisions with confidence and personal alignment.</p><p> </p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Kicking off 2023 with a fresh episode of Ask Farnoosh. Farnoosh talks about the #1 financial lesson she wants her kids to learn, thoughts on new year goals and opportunities for home buyers in 2023. Plus, a new reviewer of the week wins a free 15 minute money call. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>Globally-recognized personal finance educator, podcast host, and social media star Tori Dunlap joins the show to talk her book, <u>Financial Feminist: Overcome the Patriarchy's Bullsh*t to</u> Master Your Money and Build a Life You Love. It is an inclusive guide to all things money—from managing debt to investing and voting with your dollars.</p><p>More about Tori: She quit her corporate job in marketing and founded <u>Her First $100K</u> to fight financial inequality by giving women actionable resources to better their money. She has helped over three million women negotiate salary, pay off debt, build savings, and invest.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Happy New Year! This episode revisits some of Farnoosh's fave financial wisdom shared on So Money in 2022 that she hopes we'll carry into the new year. Hear from: <a href="https://carolinedooner.com/">Caroline Dooner</a>, author of Tired as F*ck, <a href="https://www.everodsky.com/">Eve Rodsky,</a> author of Find Your Unicorn Space, <a href="https://thefinancialdiet.com/author/chelsea-fagan/">Chelsea Fagan</a>, CEO of The Financial Diet and <a href="https://www.tippedfinance.com/">Barbara Sloan</a>, author of Tipped. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

A replay from April 8, 2022, this Ask Farnoosh covers how to save and invest in your 30s. Also: How badly will a car refi damage my credit score? How to best afford a new home for my parents? This week’s Ask Farnoosh addresses audience questions with guest co-host Georgia Lee Hussy, CFP and founder of <a href="https://modernistfinancial.com/">Modernist Financial </a>in Portland, Oregon. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

So Money explored money and mental health throughout the year with the country's leading experts on burnout, anxiety and financial fear. Revisiting some of those discussion in today's episode with guests <a href="https://www.caitdonovan.com/">Cait Donovan</a>, host of FRIED: The Burnout Podcast, <a href="https://ellenvora.com/">Dr. Ellen Vora</a>, author of The Anatomy of Anxiety, entrepreneur <a href="https://www.ellietalksmoney.com/">Ellie Diop</a> and <a href="https://www.morningbrew.com/contributor/moneywithkatie">Katie Gatti</a>, host of Money with Katie podcast on Morning Brew. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Revisiting some of the year's most powerful interviews about financial equity with Christina Blacken, founder of <a href="https://www.thenewquo.com/">The New Quo</a>, <a href="https://www.linkedin.com/in/rendelsolomon/">Rendel Solomon</a>, racial justice advocate, and Xavier Ramey, CEO of <a href="https://www.justiceinformed.com/">Justice Informed</a>. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This episode originally aired on August 19, 2022.</p><p>Farnoosh shares thoughts on an <a href="https://cms.megaphone.fm/organizations/cc8c3dda-7b6c-11eb-8f7a-8fdd1a48224b/podcasts/846654a6-ada7-11e6-a48e-3718e6c073a4/episodes/d9961014-e32b-11ec-a439-a38b1017a0bc/%20%20https://www.bloomberg.com/news/articles/2022-06-01/a-third-of-americans-making-250-000-say-costs-eat-entire-salary%20">article</a> about households earning $250,000 but living paycheck to paycheck. Audience members want to know: Can I retire early? What to do with an inheritance? How can doctors and healthcare workers improve their finances without leaving the industry? How to be fiscally responsible with a new raise?</p><p>Subscribe to Farnoosh's weekly <a href="https://www.cnet.com/feature/signup-so-money/">So Money newsletter</a> for the latest updates and advice.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>Vee Weir, founder of <a href="https://www.veefrugalfox.com/">Vee Frugal Fox</a>, speaks candidly about how guilt, shame and anxiety plagued her financial life after college...and how some of her darkest periods were while following the principles of financial businessman D*ve R*msey. She recognizes that his advice has helped millions of people, but has an important message around how to be more thoughtful and critical of the financial advice we follow and the experts that guide us. </p><p>Vee Frugal Fox is an inclusive online brand for those paying down debt, saving money, and living their best financial lives. Vee began her path to financial independence in 2016, She has paid off $71k in five years. She fell in love with personal finance and opened her digital marketing firm, which services other finance brands in the online space. Check out her podcast, <a href="https://podcasts.apple.com/us/podcast/not-another-personal-finance-podcast/id1645118910">Not Another Personal Finance Podcast.</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>Though inflation is showing signs of cooling, food prices remain higher than they've been in decades. Gina Zakaria, a personal finance educator and grocery expert, shares some of her road-tested strategies for reducing her grocery bill by 50%.</p><p>Through her <a href="https://www.savingwhiz.com">Saving Whiz platform</a> and social network of over 3 million people, she teaches simple strategies that make it easy to save money. Her mission is to empower others to save in a way that doesn’t feel depriving. She’s been featured on Good Morning America, NBC Today, Forbes, Money, and others. Gina also runs her online community, Super Savers, where she coaches and guides members to save money the easy way, so they have more money for things they love. <a href="https://www.savingwhiz.com">Grab her free Freeze List.</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

This week: A listener's company is offering to help pay for the downpayment on a home. Is it too good to be true? How to share the cost of furniture when moving in with your partner? Special guest and Farnoosh's friend Laura Belgray, Founder of Talking Shrimp stops by at the end of the episode to talk about The White Lotus finale (spoiler alert!) and what we learn about money and power. <a href="https://www.talkingshrimp.com/work-with-me">Grab Laura's freebie, Story Goldmine, here. </a> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<a href="http://www.alissaquart.com/">Alissa Quart</a>, the author of several books, including <a href="https://www.amazon.com/Squeezed-Families-Cant-Afford-America/dp/0062412256">Squeezed: Why Our Families Can’t Afford America</a>, offers insights into her in-depth reporting on economic hardship. We discussed the people who now make up the “middle precariat,” those considered middle-class professionals living a precarious economic life, who are just barely making it, underemployed and/or saddled with debt. We discuss how generations are being squeezed, what inequality looks like and how to build a better future. To listen to Alissa's audio series <strong>Going for Broke,</strong> <a href="https://www.ttbook.org/series/going-for-broke">click here.</a> For more related content in our "Priced Out" series on CNET Money, <a href="https://www.cnet.com/priced-out/">click here</a>. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

What is the True Living Cost in America? How do the CPI - Consumer Price Index - and Unemployment Rate fall short of measuring our economic realities? Guest Gene Ludwig is a former Comptroller of the Currency and now chairman of the <a href="https://www.lisep.org/">Ludwig Institute for Shared Economic Prosperity</a>. LISEP provides a more accurate picture of the economic reality for families through the creation of a cost of living metric called TLC, or <a href="https://www.lisep.org/news">TRUE LIVING COST</a>, which factors in housing, food, transportation, healthcare, childcare, technology and other miscellaneous. For more related content in our "Priced Out" series on CNET Money, <a href="https://www.cnet.com/priced-out/">click here</a>. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

This week's Ask Farnoosh addresses questions about side hustles, the best financial apps, leasing a car, calculating life insurance needs and the myth of imposter syndrome.</p><ul><li>Check out: <a href="https://www.instagram.com/reel/Cl1D09QvKqz/?igshid=YmMyMTA2M2Y=">Farnoosh's biggest money mistake</a></li><li>Stuck on what to give your friend (or yourself) this holiday season? The <a href="https://www.pageaday.com/products/so-money-page-a-day-calendar-2023/calendar">2023 So Money Page-a-Day calendar</a> is chock-full of Farnoosh's best tips and insights to help you live a richer life. Use the code <strong>CALENDAR22</strong> and save 20% at pageaday.com</li></ul> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>Choose your hours, choose your work, be your own boss, control your own income. Welcome to the gig economy, a nebulous collection of online platforms and apps that promise to transcend capitalism. Supporters argue that the gig economy will reverse economic inequality, enhance worker rights, and bring entrepreneurship to the masses. But does it? Guest <a href="https://www.alexandreajravenelle.com/">Alexandrea J. Ravenelle</a>, Associate Professor of sociology at UNC-Chapel Hill and author of <em>Hustle and Gig</em>, shares the personal stories of nearly eighty predominantly millennial gig workers, underlining the volatility of working in the gig economy.</p><p>For more related content in our "Priced Out" series on CNET Money, <a href="https://www.cnet.com/priced-out/">click here</a>.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

We're exploring the *real* cost of living over the next couple of weeks, examining how everyday Americans are struggling to cover basic needs. Today's focus is the cost of health care and what we need to know, as we attempt to secure our essential health care and pay for medical bills. Guest <a href="https://www.emilymaloney.net/about/">Emily Maloney</a> is the author of <a href="https://www.emilymaloney.net/cost-of-living/"><em>Cost of Living</em></a>, a collection of essays about her life experience dealing with illness, money and medicine, from the perspective as a patient and a professional -- an EMT, an emergency room tech, and a drug rep. She is a survivor of the difficulties many Americans face while navigating the healthcare system and has a great deal of insights and advice to share. For more related content in our "Priced Out" series on CNET Money, <a href="https://www.cnet.com/priced-out/">click here</a>. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>All new Ask Farnoosh. Listeners want to learn about the best tax-wise way to invest for retirement, the smartest places to save (CDs or I Bonds?), whether short or long-term disability leave can hurt your chances of qualifying for Public Service Loan Forgiveness and whether it's wise to buy universal life insurance.</p><p>Grab your copy of the SO MONEY Page-A-Day CALENDAR. Save 20% with the code SOMONEY23 on <a href="https://www.pageaday.com/products/so-money-page-a-day-calendar-2023/calendar">PageaDay.com</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>The modern family is often a blended one. How should couples with step children manage expenses? What are the important conversations to have before getting married? Expert <a href="https://thiscustomlife.com/stepmomdiaries/">Cameron Normand</a>, co-founder of The Stepmom Summit, joins to share insights from her work and real life as the stepmom to four children.</p><p>More about Cameron: She is founder/CEO of This Custom Life, where she provides stepmoms with tools and advice to help them manage their blended family lives. She is a Certified Stepfamily Coach, the creator of the BLENDED Family Formula For Stepmom Success, and author of The Stepmom’s Gratitude Journal. Cameron is married to a recently-retired Army veteran and has four stepchildren. The link for Cameron's freebie is <a href="http://www.stepfamilymoney.com/">www.stepfamilymoney.com</a>. </p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>As Treasury Secretary, former Federal Reserve Chairwoman and Chair of the White House Council of Economic Advisers, Janet Yellen is one the most powerful woman in American economic history. Award-winning economics writer and author Jon Hilsenrath joins with insights about her life and work from his new book, <a href="https://www.amazon.com/Yellen-Trailblazing-Economist-Navigated-Upheaval/dp/0063162466"><strong>Yellen: </strong>The Trailblazing Economist Who Navigated an Era of Upheaval.</a> He shares how she navigated the sexism in her industry and in politics, her<strong> </strong>unconventional partnership in marriage and work with Nobel Laureate George Akerlof and why she didn't always "lean in."</p><p>More about Jon Hilsenrath: He is a senior writer for the <em>Wall Street Journal</em>, where he has been since 1997, reporting from Hong Kong, New York, and Washington, DC. He was a Pulitzer Prize finalist in 2014 for his coverage of the Federal Reserve; part of a team of 2009 Pulitzer finalists for coverage of the global financial crisis; and contributed on-the-scene reporting from the World Trade Center on September 11, 2001, which helped the <em>WSJ</em> win a Pulitzer in 2002.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This episode originally aired on Friday Oct. 7</p><p>On today's show: benefits of a financial adviser, managing savings ahead of buying a house, <a href="https://cms.megaphone.fm/organizations/cc8c3dda-7b6c-11eb-8f7a-8fdd1a48224b/podcasts/846654a6-ada7-11e6-a48e-3718e6c073a4/episodes/bd21da06-45c5-11ed-9f96-d75365d04455/www.finaid.org">FAFSA</a> fun facts and a crazy but true strategy for affording a pricey prescription not covered by insurance.</p><p>More from Farnoosh:</p><p>Farnoosh's New Hot Mic column https://www.cnet.com/personal-finance/what-my-iranian-parents-taught-me-about-financial-autonomy-and-creating-luck/</p><p>Sign Up For the So Money Newsletter https://www.cnet.com/so-money/</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

The Financial Independence, Retire Early movement<strong> </strong>dates back to the early 1990s. How has it evolved and how are some followers creating new FIRE rules? NextAdvisor senior editor Nick Wolny joins to give us the full download of this popular personal finance trend, including how to calculate your FIRE number, why some people in the movement don't want to retire early...and what the heck is "Barista" FIRE? <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Cindy Zuniga-Sanchez, founder of <a href="https://zero-basedbudget.com/">Zero-Based Budget,</a> returns to So Money to share insights from her new book, <a href="https://www.amazon.com/Overcoming-Debt-Achieving-Financial-Freedom/dp/1119902320/ref=asc_df_1119902320/?tag=hyprod-20&linkCode=df0&hvadid=598359157175&hvpos=&hvnetw=g&hvrand=9226161677704829217&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9003498&hvtargid=pla-1651189862146&psc=1">Overcoming Debt, Achieving Financial Freedom</a>. It chronicles her own debt freedom journey, as. well as her 8 pillars for building wealth. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>Farnoosh is back with savings insights from her Paris trip. Listeners want to know about: curbing spending in a high-cost-of-living spending, the best robo-advisors, building a career in PR, how to prepare for working past age 70 and more.</p><p>Grab the 2023 <a href="https://www.workman.com/products/so-money-page-a-day-calendar-2023/calendar">So Money Page-a-Day Calendar here</a>. Use the code <strong>CYBER22 for 30% </strong>off until the end of the month.</p><p>Click here to see CNET's pick of the best robo advisors: https://www.cnet.com/personal-finance/investing/best-robo-advisor/</p><p>Sign up for Farnoosh's weekly newsletter and receive a free gift: https://www.cnet.com/feature/signup-so-money/</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>Guest Hadley Hagen is a nervous system educator and money coach. She cares profoundly about the connection between money and the nervous system and believes that without an understanding of how the nervous system works, you can’t make real, lasting changes in your money life. With a background in business and economics, Hadley combines tactical, practical money management with a trauma-aware, body-first approach to help her clients develop deeper self-trust with money.</p><p>Visit her <a href="http://www.hadleyhagen.com">website</a> and grab her <a href="https://view.flodesk.com/pages/6347549f12fa5e426dd845b8%20">free on line kit.</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Learn how a divorce led Andresa Guidelli to claim her financial freedom and expand her real estate portfolio. She began flipping dozens of properties and building new construction. Could real estate be the respite she was seeking from her past relationship? Could more women benefit from investing in real estate? Together with Liz Faircloth, Guidelli started <a href="https://www.therealestateinvesther.com/">The Real Estate InvestHER</a> in 2018, a community that supports women real estate investors in a market traditionally led by men. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>In today's Ask Farnoosh: Is lifestyle creep, the idea that your expenses grow as your income grows - a bad thing? A listener wants to know about resources for navigating your finances when disabled. Also: The truth about whole life insurance. Why it may be wiser to take out a term policy or simply invest in the stock market.</p><p>Join <a href="http://www.cnet.com/somoney">Farnoosh's weekly newsletter </a>and receive a free PDF of So Money Secrets, a compilation of insights from top episodes.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>Rendel Solomon is a recovering engineer, reformed private equity investor, and an aspiring anti-capitalist, dedicated to spreading financial literacy and the importance of investing to Black youth in America. We discuss his upbringing, raised on the Westside of Chicago, and how his family, schooling and career in private equity led him to his work today focusing on addressing systemic pressures that hold Black Americans back from achieving wealth and career success.</p><p>Be sure to watch Rendel's TEDx talk entitled <a href="%20www.sharecroppertoshareholder.com">"Sharecropper to Shareholder."</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>