So Money with Farnoosh Torabi

<p>Farnoosh and co-host Eric Roberge, a frequent So Money guest, Certified Financial Planner and founder of <a href="https://www.google.com/search?q=beyond+the+hammock&oq=Beyond+the+Hammock&aqs=chrome.0.0.205j0j4&sourceid=chrome&ie=UTF-8">Beyond the Hammock</a>, discuss your financial questions.</p><p>This week you want to know:</p><p>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 <a href="http://www.instagram.com/farnooshtorabi">Instagram</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>How to know when your side-hustle deserves your fullest attention? And it’s time to give your day job your 2-weeks notice?</p><p>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 <a href="http://urban20something.com/">Urban20Something.com</a> for a creative outlet. </p><p>Today, she’s fully self-employed, has said <em>buy-bye </em>to her 9 to 5 and dedicating all her focus to her website.</p><p>When did she know she was ready?</p><p>How is she monetizing her platform?</p><p>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.</p><p>Please visit Leah’s website at <a href="http://urban20something.com/">Urban20Something.com</a> and follow her on instagram <a href="https://www.instagram.com/urban20something/">@Urban20Something</a>.</p><p>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 <a href="https://urban20something.lpages.co/add-a-0-to-your-income/">Urban20Something.com/income-boost</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>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."</p><p>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. </p><p>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 <a href="http://www.sarahjenks.com">www.SarahJenks.com</a>. Her newest program is available now: WholeWoman.me. She’s also on Instagram <a href="https://www.instagram.com/sarahjenks/">@SarahJenks</a> and Twitter <a href="https://twitter.com/sarahejenks">@SarahEJenks</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>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?"</p><p>After earning her professional degree in architecture, co-host <strong>Leyla Shams</strong> 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 "<a href="https://www.chaiandconversation.com/">Learn Persian with Chai and Conversation</a>". 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.</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>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.” </p><p>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.</p><p>Daniel was last on the my show, you might remember on <a href="http://podcast.farnoosh.tv/episode/daniel-crosby/">Episode 453</a> about two years ago. He’s back with a new book called the <strong><em>Behavioral Investor</em></strong> 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.</p><p>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 Reading," by AARP.</p><p>In this interview we’ll learn:</p><p>Daniel’s philosophies around how to invest wellHow to curb our emotions andHow greedy are we this month? Daniel publishes an Irrationality Index, a measure of how much greed and fear is in the marketplace month to month. Learn more about Daniel Crosby at <a href="http://www.nocturnecapital.com/">NocturneCapital.com</a> and follow him on Twitter <a href="https://twitter.com/danielcrosby?lang=en">@DanielCrosby</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>What if you had $70,000 worth of consumer debt and losing your job amidst all of that financial stress?</p><p>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.</p><p>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.</p><p>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.</p><p>You can learn more about Adeola on her website <a href="https://www.adeolaomole.com/">adeolaomole.com</a>, on Instagram at <a href="https://www.instagram.com/adeolaomoleb/?hl=en">@adeolaomoleb</a>, and on Twitter <a href="https://twitter.com/adeolaomoleb">@AdeolaOmoleB</a>. Her book is called 7 Steps to Get Out of Debt and Build Wealth. And for her free 10-Point Checklist for Buying Stocks visit <a href="https://www.adeolaomole.com/">adeolaomole.com (scroll to the bottom to find it!)</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>Farnoosh is joined by So Money listener Reuben Subramaniam, founder of <a href="http://www.k2collaboratorsllc.com">K2 Collaborators</p><p></a></p><p>Questions on today's episode include:</p><p>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?</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>Today’s guest is going to share how to recover - and thrive - after losing everything. </p><p>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.</p><p>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. </p><p>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?</p><p>To learn more about Tracy Matthews, visit <a href="https://www.flourishthriveacademy.com">FlourishThriveAcademy.com</a>, and follow the academy on Instagram <a href="https://www.instagram.com/flourish_thrive/">@Flourish_Thrive</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>How does a six-figure income turn into six-figures of debt?</p><p>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.</p><p>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.</p><p>Bonnie blogs at <a href="http://www.MissBonnieMD.com">MissBonnieMD.com</a>. She also co-hosts a podcast called Friends Talk Finance.</p><p>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.</p><p>To learn more about Dr. Bonnie Koo, please visit <a href="http://www.missbonniemd.com">www.MissBonnieMD.com</a> and follow her on Instagram <a href="https://www.instagram.com/missbonniemd/">@MissBonnieMD</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 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! <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>Our guest today is in the midst of selling her belongings and packing her family of five into an RV, spending the next year traveling the country. </p><p>Today’s guest is Jenn Edden. She’s a sugar addiction expert, author and empowerment coach who helps female entrepreneurs learn how to increase their energy through proper nutrition. She is the author of <a href="https://www.amazon.com/Woman-Unleashed-Sensitive-Unstoppable-Confidence/dp/0988447150/ref=sr_1_1?s=books&ie=UTF8&qid=1463625842&sr=1-1&keywords=Jenn+Edden">Woman Unleashed: the highly sensitive woman's guide to radiant energy, unstoppable confidence</a> and a 21 day plan to kick sugar's hold on you! </p><p>Lately, she’s become more interested in helping families and children overcome their sugar addictions and that is what sparked the big move.</p><p>Over the next year, Jenn, her husband and three children will be going from state to state to visit schools and universities to educate kids and young adults about healthy eating.</p><p>Jenn arrives at this major transition knowing a thing or two about being brave. She is a former medical school drop out and a survivor of a near-death home explosion. She’s got her handle on her health AND her finances. Hear how she and her husband did the math to figure out if they really could just afford to travel the country for a year with their kids.</p><p>To learn more about Jenn, follow her on twitter <a href="https://twitter.com/jennedden?lang=en">@JennEdden</a> and visit her website, <a href="http://www.jecoaching.com/">www.jecoaching.com</a>. Her book <a href="https://www.amazon.com/Woman-Unleashed-Sensitive-Unstoppable-Confidence/dp/0988447150/ref=sr_1_1?s=books&ie=UTF8&qid=1463625842&sr=1-1&keywords=Jenn+Edden">Woman Unleashed</a> is available on Amazon.</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>Suze Orman is here!</p><p>This interview is probably one of my favorites for a lot of reasons. It was fascinating to hear Suze's views on women and money today and learn if they've changed over time. You may have thought Suze was enjoying retirement. Well, she's left...at least, temporarily, inspired since the #MeToo movement to relaunch a new and improved edition of her best-selling book, <strong><em>Women & Money.</p><p></em></strong></p><p>This is going to be a little bit of a different format than typical episodes on the podcast. You will hear from me, as well as <a href="http://podcast.farnoosh.tv/episode/adam-auriemma/"><strong>Adam Auriemma, the editor-in-chief of Money Magazine</strong></a>, who invited us to join a panel with him to share our thoughts around women and money. For the full video ov, head over to <a href="http://www.money.com"><strong>money.com</strong></a><strong>.</p><p></strong></p><p>Check out more of Suze's work at <a href="http://www.suzeorman.com"><strong>www.suzeorman.com</strong></a><strong>.</strong> Her updated book <a href="https://www.amazon.com/gp/product/0812987616/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0812987616&linkCode=as2&tag=httpwwwsuze0d-20&linkId=eb4bd710bfe9884d46c298dca078cf19"><strong><em>Women & Money is available here.</em></strong></a></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>

<p>Farnoosh, what are your thoughts on 0% financing offers for new cars? Is hiring a financial advisor a waste of money? How best to plan for a child with special needs? </p><p>Joe Saul-Sehy, host of Stacking Benjamins co-hosts. Joe is taking his show on the road and is in the midst of a 3-city tour. He'll be in Kansas City on October 9. Get the full tour schedule here: www.stackingbenjamins.com/tour</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>If you’ve been following me on Instagram or get my newsletter, you might know that I recently took stand up comedy classes here in NYC at Manhattan Comedy School. It’s something I’ve always wanted to do. It scared the heck out of me...so naturally, I had to try it. My next performance is TONIGHT at Gotham Comedy Club at 7pm, actually. And so I thought who better to have on So Money today than my comedy school teacher, comic Karen Bergreen.</p><p>Over the past decade, Karen has been keeping audiences laughing all across the country. She’s been on Comedy Central, the Oxygen Network, VH1, The View, and LIVE <em>at Gotham.</em></p><p>She’s also an author of two fiction books, <em>Perfect is Overrated </em>and <em>Following Polly: A Novel</em>. She and I talk about the highs and lows of being a female stand up comic, growing up in New York City when people *didn’t* want to be labeled as “rich.”..and Karen’s transition to comedy...She graduated from Harvard, and went on to law school. How and why she pivoted is where we begin the conversation...</p><p>To learn more about Karen, visit <a href="http://karenbergreen.com/">KarenBergreen.com</a> or find her on Twitter <a href="https://twitter.com/karenbergreen">@KarenBergreen</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>Would you consider yourself gritty? </p><p>Grit is being able to pursue long term goals, even if that pursuits take years. Grit is when you view your life like a marathon, not a sprint. Grit is when you don’t consider a failure an end point. And, today’s podcast guest is the world’s foremost expert on grit, and she’s here to tell us how we can get more of it and why it’s so important.</p><p>Today, I’m welcoming Angela Duckworth to the show. She is the New York Times best selling author of the book <strong>Grit: The Power of Passion and Perseverance</strong>...now in paperback. She’s a psychology professor at the University of Pennsylvania, where she earned her PhD, and she’s the Founder and CEO of Character Lab, a non-profit that helps use psychological science to help kids thrive. </p><p>Angela and I discuss how grit can be learned, her financial perspectives formed as the daughter of immigrant Chinese parents, Eastern versus Western parenting values...and we explore the plot of the hit book and movie <em>Crazy Rich Asians.</em></p><p> </p><p>You can learn more about Angela by visiting her website, <a href="http://www.angeladuckworth.com">www.angeladuckworth.com</a> and <a href="http://www.characterlab.org">www.characterlab.org</a> and follow her on Twitter <a href="https://twitter.com/angeladuckw">@angeladuckw</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>Special co-host <a href="http://podcast.farnoosh.tv/episode/jamila-souffrant/">Jamila Souffrant,</a> founder of <em>Journey to Launch,</em> is back on the show, this time co-hosting and helping answer a wide range of questions from So Money listeners.</p><p>Today's questions: Is it better to make an additional principal payment on a mortgage each month or invest in an index fund? What to do when you're in your 60s with no savings or retirement? What can a professional woman in her late 20's - who wants children one day - do to prepare best for the time and money constraints of parenthood?</p><p>To learn more about Jamila, visit <a href="https://www.journeytolaunch.com/">JourneytoLaunch.com</a>. You can also follow her on <a href="http://www.instagram.com/journeytolaunch">Instagram</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>Ever wish there was someone at your company, whose job is to enhance your well-being, happiness and fulfillment at work?</p><p>Today I’m welcoming Claude Silver to the show. She is the Chief Heart Officer for Vayner Media, the powerhouse media company created by none other than Gary Vaynerchuk, who is also a bestselling author and by many accounts, one of the most recognized entrepreneurs in the world. </p><p>As Chief Heart Officer, Claude she has a very special job, and is responsible for improving and inspiring Vayner Media’s 800+ employees. Her role is to help nurture the amazing culture at Vayner Media and ensure it’s a place where all employees feel at home. Don’t we wish more companies prioritized this?</p><p>Growing up, Claude wanted to either be a philanthropist or a movie director, but at the heart of it all, she just enjoys helping people. Today we’ll talk to this inspiring woman about how she landed this unique job title, the book that changed her life and how she tries to, as she says, "light people up at work each day."</p><p>You can follow VaynerMedia at <a href="https://vaynermedia.com/">VaynerMedia.com</a> and follow Claude on Twitter <a href="https://twitter.com/claudesilver">@claudesilver</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>In the Iranian culture, if your child becomes a doctor, this is the ULTIMATE trophy for a parent. And while being a doctor comes with a great deal of integrity and pride...building a solid financial life as a doctor is not as simple as it once was with the heaps of student loan debt many doctors today have.</p><p>And as our guest today will explain, many physicians are not equipped with the financial know-how of managing their money and growing wealth.</p><p>Peter Kim is our guest and he is an anesthesiologist AND real estate and passive income expert. Last I checked, being an anesthesiologist was one of the highest paid tracks in medicine. So, what motivated Peter to rethink his profession?</p><p>For years Peter blogged anonymously at PassiveIncomeMD.com about his exploration into real estate as a side hustle. He also runs the real estate company CurbsideRealEstate.com to help educate <strong>physicians</strong> about the homebuying process. Did you know there’s a thing called a physician’s home loan?</p><p>Peter recently lifted the veil on his site to share his name and more details about his personal life to the thousands of readers he’s cultivated over the past few years.</p><p>Today he is a physician by CHOICE, as well as an avid real estate investor. </p><p>You can learn more about Peter Kim by visiting<a href="http://www.passiveincomemd.com">www.passiveincomemd.com</a> and <a href="http://www.curbsiderealestate.com/">www.curbsiderealestate.com</a>. Follow him on twitter @passiveincomemd.</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's listener questions touch on home ownership, paying down student loans (versus investing in the stock market) and where to stash cash for a short-term goal? Co-host is Mary Grace Gardner, a So Money listener and founder of TheYoungProfessionista.com. <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 do you make or take your coffee? Does it spark joy? </p><p>Our guest Raj Jana has built a thriving business by turning the common experience of making coffee into kind of an art form and in the process has created a 6-figure per month business. </p><p>A little more about Raj: He was born to Indian parents who came to the U.S. with only a few dollars in their pockets. He previously worked at Chevron as an engineer until a life changing moment at work that made Raj reevaluate his life path. </p><p>Raj shares financial lessons learned from his upbringing, the changes he would try to make if he won the lottery and some high-level coffee talk. Like, what is a pour-over? And why is it Raj’s go-to coffee order?</p><p>To learn more about Raj’s company, Java Presse Coffee, visit <a href="https://www.javapresse.com/">JavaPresse.com</a> and follow him on Instagram <a href="https://www.instagram.com/javapressecoffee/">@JavaPresseCoff</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>If you watch Bravo TV or follow New York City real estate, you know all about our next guest. Ryan Serhant is a star of Bravo's Million Dollar Listing New York and a top real estate broker in the City.</p><p>His story began as a shy, out of work hand model. He entered the real estate business in 2008 - in some ways the WORST time to be an agent in the real estate market. Ryan shares how he rose to become one of the top realtors in the world, his parlay into reality TV and advice for first-time buyers.</p><p>His new book, Sell it Like Serhant comes out tomorrow, September 18. </p><p>Also, Ryan and I will be at the 92nd Street Y in Manhattan, along with our friend Dan Schawbel, a NYT Bestselling author and millennial workplace expert. We'll be leading a discussion around Creating Human Connection in a Digital World. The event is on November 26 at 7pm. Reserve tickets at 92Y.org.</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>Is there any relationship between our Zodiac signs and how we spend, save and make financial decisions?</p><p>In today's Ask Farnoosh, Farnoosh and co-host Brittney Castro, founder and CEO of Financially Wise, tackle your money questions, as well as share some of the insights from a recent Chase Slate Credit Outlook Survey which looked at how our astrological signs impact our spending and credit habits.</p><p>Brittney, like Farnoosh, serves as a fellow Chase Slate Financial Education Ambassador.</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’re going back to basics today in a special So Money bonus episode, talking about the best ways to start and execute financial goals.</p><p>Our guest is Nikki Arwood, Regional Market Executive at <a href="http://www.charlesschwab.com/">Charles Schwab</a>. In her role, Nikki leads 36 branches and over 200 employees in the Carolinas, Virginia, Maryland, DC, Kentucky, Tennessee, Arkansas and Mississippi. She has been in the financial services industry for 30 years, and has spent most of those years at Schwab. Nikki is a graduate of Georgetown University, where she majored in Sociology and was captain of the Women’s Basketball Team.</p><p>Nikki and I discuss goal setting, finding the motivation to stay the course with your financial plan and a 30-Day financial cleanse from which we can all benefit.</p><p><strong>DISCLOSURE:</p><p></strong></p><p>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.</p><p>The Charles Schwab Foundation is a 501(c)(3) nonprofit, private foundation that is not part of Charles Schwab & Co., Inc. or its parent company, The Charles Schwab Corporation.</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>Imagine being at the grocery checkout with little kids. You’re desperate to leave because one kid’s crying, the other is hungry. And then, your credit card gets denied. And the next credit card gets denied. And this is food you need to prepare dinner.</p><p>Our guest today experienced this and made two vows to herself when that happened. The first was to never run out of money again. The second: to never go grocery shopping again.</p><p>She’s managed to do both quite well.</p><p>I’m honored to welcome Chanie Wilschanski to the show. She’s a teacher turned entrepreneur, mom to four kids and the breadwinner in her marriage.</p><p>We discuss her turning points, managing money and responsibilities in her big family as the breadwinner and advice for women who may be unsure about simulatenously pursuing a career AND parenthood.</p><p><strong>Chanie Wilschanski is an early childhood leadership coach and CEO of DiscoverED Consulting. </strong>You can learn more about Chanie on her website <a href="https://www.earlychildhoodwebinars.com/presenters/16380/www.discoveredconsulting.com">www.discoveredconsulting.com</a> and follow her <a href="https://www.facebook.com/chanie.wilschanski">on Facebook</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 life of uncertainty is one that is worth living. Welcome to So Money everybody, I’m your host, Farnoosh Torabi, thanks for joining. It may sound scary but our guest today offers some pretty profound insights and experiences around taking risks and dancing with your fears. It’s actually integral, he says, to living a good life. </p><p>Jonathan Fields is on the podcast today, he is a New York City dad, husband, award winning author, media producer and entrepreneur. His latest book is <em>Uncertainty - Turning Fear and Doubt Into Fuel for Brilliance</em>. Jonathan’s current focus is Good Life Project. It’s a media and education venture. Maybe you’ve heard the popular podcast. It’s also a global movement that empowers people to live more engaged and connected lives. </p><p>He and I discuss how to go about living a good life, financially speaking. The importance of living a life of uncertainty and being in your career, and being in the unfortunate middle, and how to get out. </p><p>To learn more about Jonathan Fields visit www.jonathanfields.com</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>

What would Farnoosh do if she scored $300 million playing the lottery? Can a spender become a saver? And what's the deal with credit cards? If we're not fans of debt, then what role do credit cards play? Co-host Meera Joshi is a fan of the show and has "an obsession for forecasting cash flows." By trade, she is a CPA and works in Private Equity Real Estate. <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>Have you ever read someone’s diary? Come on, you know you have...or wanted to at least. </p><p>Today, we’re talking about <em>Money Diaries: Everything you’ve ever wanted to know about your finances and everyone else’s. </p><p></em>It’s a new book out by author Lindsey Stanberry, who is the Work and Money Director at Refinery29, one of my favorite websites for all things; female empowerment, career, money, lifestyle, trends. </p><p><em>Money Diaries </em>started as a series on Refinery29, where Lindsey would share entries from millennial women all across the country, how they were spending every single dollar, every single cent. The book was inspired from that and it provides up close and juicy insights into how millennial women are handling their financial lives, or not handling their financial lives. We also will talk about Lindsey’s own financial journey to saving over a $100,000 to purchase her first home, how she is striking a balance between motherhood and her career. </p><p>You can learn more about the Money Diaries book by visiting <a href="http://www.moneydiariesbook.com/">MoneyDiariesBook.com</a> and follow Lindsey Stanberry on Twitter <a href="https://twitter.com/lestanberry?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor">@LeStanberry</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>From broke to millions, our guest today is a financial warrior. </p><p>Today<strong>, </strong>Kim Perell is the CEO of a digital marketing firm called Amobee, which has raked in hundreds of millions of dollars. </p><p>But Kim’s journey had difficult beginnings. </p><p>She landed what seemed to be a dream job in her 20’s working for a tech firm called XDrive, as the director of marketing. But then the dot-com bubble burst and she was left with the task of laying off several close friends and eventually, after the company went bankrupt, she was left unemployed.</p><p>But no sooner than three months later, with $10,000 borrowed from her grandmother and credit card bills mounting, Kim rebooted her career and started a new business. It was the first of a few businesses which have gone on to produce hundreds of millions of of dollars.</p><p>Her successes have led her to authoring a new book, <strong>The Execution Factor: The One Skill that Drives Success. </strong></p><p> To learn more about Kim, visit <a href="http://www.kimperell.com">www.KimPerell.com</a> and follow her in Instagram <a href="https://www.instagram.com/kimperell/">@KimPerell</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>

Farnoosh and co-host Lisa Loperfido answer your money questions. Jaden asks how he can retire early by investing. A real estate agent asks how she can leverage social media. And Liz wants to know if she and her live-in boyfriend should create a written agreement. Farnoosh references her <strong>Money article on the topic: </strong><a href="http://time.com/money/3674425/unmarried-couples-finances/"><strong>http://time.com/money/3674425/unmarried-couples-finances/</strong></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>What's your greatest financial concern? For many people the number one source of money stress stems from uncertainties around retirement. Specifically, we're worried we won't have enough saved or that we can't afford to retire.</p><p>Welcome to So Money. This is a special bonus episode, part of a four-part series we’re doing with <a href="http://www.charlesschwab.com/">Charles Schwab</a>, where we’re doing deep dive conversations about really important financial topics.</p><p>If you've been following along this series you know that we kicked things off with <a href="http://podcast.farnoosh.tv/episode/liz-ann-sonders/">Liz Ann Sonders, chief financial strategist at Charles Schwab</a>, as she gave her perspectives on the stock market. Then we transitioned over to financial literacy and how to educate our young ones about money in a conversation with <a href="http://podcast.farnoosh.tv/episode/carrie-schwab-pomerantz/">Carrie Schwab-Pomerantz, President of the Charles Schwab Foundation.</p><p></a></p><p>Today we turn the focus to retirement and retiring well. For this, we welcome Catherine Golladay, a senior vice president of participant services and administration at Charles Schwab. Catherine has her ears to the ground and understands the issues and complexities surrounding our retirement concerns .</p><p>Catherine and I discuss the current retirement landscape. What does retirement look like today? How we can all catch up and prepare and what are the specific challenges facing Millennials?</p><p>For more, visit <a href="http://www.schwabsavingsfundamentals.com/public/savings">Schwab Savings Fundamentals</p><p></a></p><p><strong>Disclosure:</p><p></strong></p><p>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.</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>Forget lean in. How about <em>be gutsy</em>? </p><p>Our guest today is former Cosmopolitan Editor-in-Chief and media giant Kate White. She is a New York Times bestselling author of multiple books, both fiction and non-fiction. Her latest career guide is called The Gutsy Girl Handbook: Your Manifesto for Success.</p><p>There are many career guides for women these days. I’ve read all of them. The Gutsy Girl Handbook by Kate White cuts right the matter of why some women succeed and others fall behind in their careers. It draws on research, and offers never-before told stories from Kate’s tenure as the editor-in-chief of <em>Cosmo</em>. In our conversation we learn why when we worry we give up our power. How to combat gender bias in the workplace and Kate’s own gutsiness that scored her the head role at one of the country’s leading magazines.</p><p>In our current world of mansplaining and the #MeToo movement, it seems like the perfect time for Kate to remind us again of why it’s so important to have confidence and ambition in our careers. Careers give us so much, including money. And if there’s one thing I’m reminded of more and more these days, it’s that if I want to have options, power and freedom in my life...money, financial freedom it’s incredibly important. </p><p>To learn more about Kate White, visit her website <a href="http://www.katewhite.com">www.KateWhite.com</a> and follow her on twitter <a href="https://twitter.com/katemwhite">@KateMWhite</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>Our guest today hopes to retire early. Jamila Souffrant and her husband have saved $169,000. They live in New York City. They have 3 children and own two properties. </p><p>How does she do it?</p><p>Today, we’re in conversation with Jamila Souffrant, the creator of the Journey to Launch website and podcast. </p><p>Even though Jamila lives in Brooklyn, one of the most expensive cities in the world, she has big plans to retire early at age 40. </p><p>In some ways, her financial independence journey began at age 22 when she bought her first condo in Brooklyn, which turned into a great investment property. But also as the daughter of a single, immigrant mother, Jamila’s ambitions were shaped at a young age.</p><p>She is now working hard on her personal brand and mission, Journey to Launch, where’s she documenting her journey towards early retirement. </p><p>Learn more about Jamila by visiting her website <a href="https://www.journeytolaunch.com/">JourneytoLaunch.com</a>. You can also listen to <a href="https://www.journeytolaunch.com/category/podcast/">her podcast</a> and follow her on instagram <a href="https://www.instagram.com/journeytolaunch">@journeytolaunch</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>Are prospective employers allowed to ask you how much you make? Do you have to tell them? How to avoid the topic without compromising the job offer? </p><p>In today's Ask Farnoosh, special co-host Heather Horton joins. She is an avid listener and professional actor and comedian in Los Angeles at www.heatherho.com.</p><p>Farnoosh and Heather also tackle questions like: Do you think it’s worth opening a Roth if I will soon be making too much to contribute to it? Is it too late to start a 529 plan for high school age kids? Any advice on how to negotiate salary during a promotion? </p><p>For more check out www.somoneypodcast.com</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>What do Gloria Steinem, Kim Kardashian, Jessica Alba, and Chrissy Teigen all have in common? </p><p>Today, I’m interviewing Jaclyn Johnson, who turned a job layoff into an incredible career as an entrepreneur. Her business, Create and Cultivate, hosts the premier conference for female entrepreneurs. </p><p>Women love her conferences because she brings in female powerhouses as her keynote speakers including some of the women just mentioned. She creates an atmosphere of camaraderie that just can’t be beat. </p><p>Today, I’ll be talking to her about how she started her business, what it’s like to meet so many incredible celebrities, and her new project, an upcoming book and podcast called WorkParty. </p><p>To learn more about Jaclyn’s upcoming book and projects, visit www.<a href="https://www.workparty.com">workparty.com</a>. You can also follow Jaclyn on Twitter and Instagram <a href="https://twitter.com/JaclynRJohnson?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor">@jaclynrjohnson</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>

For some entrepreneurs the idea of selling a product or service can feel like selling OUT or selling your soul. But our guest today has a technique for selling with integrity and winning every time. I’m welcoming Mo Bunnell to the show. Mo leads the Bunnell Idea Group whose trademarked GrowBIG® Integrated System helps companies grow their business faster, in the right way and helps professionals get focused and efficient in business development. He has a new book out later in September 11 called <em>The Snowball System: How to Win More Business and Turn Clients into Raving Fans</em>. We’ll talk about his Give to Get technique, some shorthand for calculating what your time is worth, as well as Mo’s So Money accomplishment...finally purchasing a horse farm near the heart of Atlanta, which was on his family bucket list for years. You can learn more about Mo Bunnell by visiting www.<a href="https://mobunnell.com">MoBunnell.com</a>. Follow him on Twitter <a href="https://twitter.com/MoBunnell">@MoBunnell</a> and pre-order his book <a href="https://www.amazon.com/Snowball-System-Business-Clients-Raving/dp/1610399609">on Amazon</a>. For more, also check out www.Snowballsystem.com and www.<strong>Createdemandcourse.com</strong> <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<strong>s working towards a Bachelor's worth it later in life? Should I take a loan from my 401(k) to pay off student loans? </strong>What are some good resources or ideas for starting to invest? Today's Ask Farnoosh is with co-host Leyla Novini, an avid So Money listener. Check out www.SoMoneyPodcast.com for more. <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 do we educate our kids when it comes to money? Welcome to So Money, everyone. I’m Farnoosh Torabi. Today is a special bonus episode, part of a four-part series we’re doing with Charles Schwab, where we’re doing deep dive conversations about really important financial topics. </p><p>Earlier this month we spoke with Liz Ann Sonders, chief financial strategist at Charles Schwab, about her perspectives on the stock market. Where are we headed? Also, important steps for first time investors. If you missed that episode, I encourage you to go back and take a listen. </p><p>Today we’re shifting gears to financial literacy, especially when it comes to our kids. Its’ no secret that, as a nation, we’re a little behind when it comes to knowing just the basics about how to manage money and how to budget. </p><p>Our guest today is Carrie Schwab Pomerantz, a CFP and president of the Charles Schwab Foundation. She and I will discuss ways to teach our kids about money throughout the ages. How to support financial literacy in schools and the money lessons she’s instilled in her three children. </p><p>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, have been for many years. So before we get started, I just want to thank Charles Schwab for helping get this financial education content to you. </p><p>For more, check out <a href="http://www.schwabmoneywise.com/public/moneywise/home">SchwabMoneyWise.com</a></p><p>Disclosure: 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.</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>Can money buy happiness? Really? Today, I’m interviewing behavioral finance expert and author Brian Portnoy. Brian’s new book, <em>The Geometry of Wealth: How To Shape A Life Of Money And Meaning. </em>In it he explains how money might not be the source of happiness...But money *can* <strong>fund contentment</strong>. </p><p>Brian is currently the Director of Investment Education at Virtus Investment Partners and has spent the last 25 years as an educator, investor, and strategist. He holds a doctorate from the University of Chicago...Coming up next: his 3-step method for achieving true wealth...It involves shapes. And how much money is ENOUGH money? </p><p>You can learn more about Brian Portnoy, his books, and more at <a href="https://shapingwealth.com">ShapingWealth.com</a>. You can also follow him on twitter <a href="https://twitter.com/brianportnoy">@BrianPortnoy</a> and purchase his new book, <em>The Geometry of Wealth</em>, wherever books are sold. </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>It can be hard to find quality career advice these days. The work landscape is always changing. Millennials want more freedom and flexibility. For women, in particular, there's conflicting advice about how to strategize, communicate, think, act, perform. That’s why I invited Lauren McGoodwin, an expert in career development for women and founder of the popular website Career Contessa. </p><p>Together with her talented team, Lauren provides advice, insight, and support for women who want to pursue their career goals. We’ll chat about her business, her financial failures, and the importance of having not just a career - but a life that you love. </p><p>To learn more about Lauren’s business, please visit <a href="http://www.careercontessa.com">www.careercontessa.com</a> and follow the team on instagram <a href="https://www.instagram.com/careercontessa/?hl=en">@careercontessa</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>This week's #AskFarnoosh addresses a listener's concerns about identity theft, as well as investing in index funds, renting versus owning and a mother who refuses to learn about the household finances because "it isn't her job." Oof!</p><p>Special co-host Addy Adewusi, a listener, joins Farnoosh with some great perspective and advice.</p><p>For more, check out www.somoneypodcast.com</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>What if we all just stopped trying to be the best… stopped trying to climb the ladder… stopped trying to get the corner office? <strong>What if we believed that true success existed outside of “the best”?</strong> </p><p>Today’s guest is Srinivas Rao. He is an author, speaker, and podcast host of the hugely popular podcast called The Unmistakable Creative. After interviewing over 600 creatives, thought leaders, authors, entrepreneurs, and rebels, Srini believes that being unmistakable is actually far better than being the best at what you do.</p><p>We’ll talk about his upcoming third book, <strong><em>An Audience of One, </em></strong>why he got fired from so many jobs after graduating from business school, and why there's a really big difference with what we want to do for a living and what we want to do with our lives. </p><p>To learn more about Srinivas Rao, please visit <a href="https://unmistakablecreative.com/">UnmistakeableCreative.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>How many of you are perfectionists out there? Teacher’s pet? Relentless overachiever? Yep, you’re among friends here.</p><p>Petra Kolber believes that perfectionism actually holds us back. In fact she says that trying to be perfect = loss of joy. Based on decades of experience in the health and wellness industry, Petra now teaches people all over the world how to overcome unhealthy perfectionist tendencies. </p><p>She’s documented her top tips and strategies in her new book, <strong>The Perfection Detox: </strong>Tame Your Inner Critic, Live Bravely, and Unleash Your Joy. </p><p>In addition to being an author, Petra is an international speaker with 25 years of experience speaking to groups and companies about finding joy. </p><p>To learn more about Petra, please visit <a href="http://www.petrakolber.com">www.PetraKolber.com</a>. You can pre-order her book <a href="https://www.amazon.com/Perfection-Detox-Critic-Bravely-Unleash/dp/0738234850/ref=sr_1_1?s=books&ie=UTF8&qid=1532008420&sr=1-1">on Amazon</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>We have a special theme for Ask Farnoosh this Friday: Prioritizing your financial goals.</p><p>Special co-host Eric Roberge is a certified financial planner and has found that people tend to get stuck on how to use their money... and many times, end up procrastinating to their own detriment because of it! They are trying to make the right decision when all they really need to do is avoid making a bad one.</p><p>We have a lot we want to accomplish with our money and know we need to save, invest wisely, and watch our cash flow... but we seem to struggle when it comes to (confidently) knowing which of our goals to focus on first -- or how to balance them if they're going to work on more than one thing at a time.</p><p>If you'd like to learn more about Eric visit <a href="http://www.beyondyourhammock.com/">www.beyondyourhammock.com</a> or follow him on Twitter <a href="https://twitter.com/beyondfinances">@BeyondFinances</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>In a special bonus episode of So Money, we're answering some of your biggest questions about investing and the stock market with Liz Ann Sonders, Chief Investment Strategist with Charles Schwab. Over the next two months, So Money and Charles Schwab are teaming up to bring you rich conversations and advice around important topics that are important to all of us.</p><p>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.</p><p>[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.</p><p>The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.</p><p>All expressions of opinion are subject to change without notice in reaction to shifting market or other conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. The above mentioned companies should not be construed as a recommendation or endorsement.</p><p>Investing involves risk, including loss of principal.</p><p>Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.</p><p>Diversification, Periodic investment plans (dollar‐cost‐averaging), and asset allocation strategies do not ensure a profit and cannot protect against losses in declining markets.</p><p>Rebalancing a portfolio cannot assure a profit or protect against a loss in any given market environment. Rebalancing may cause investors to incur transaction costs and, when rebalancing a non‐retirement account, taxable events may be created that may affect your tax liability.</p><p>Indexes are unmanaged, do not incur management fees, costs and expenses, and cannot be invested in directly.</p><p>The S&P 500 Index is a market-capitalization-weighted index comprising 500 widely traded stocks chosen for market size, liquidity and industry group representation.]</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>Today we’re welcoming stay-at-home mom turned Entrepreneur & Founder, Alli Webb. About 10 years ago, Alli started a mobile blowout service where she’d drive around in her car in Los Angeles and give clients blowouts in their homes. She realized there was a ton of demand for this service and that women were willing to pay $40+ per blowout. From there she decided to create a salon just for blowouts and DryBar was born.</p><p>With the help of her brother, who came on as CEO, Alli Webb has grown her business into more than 100 locations with over $100 million in revenue. The secret, she says, is consistency. </p><p>Alli and her brother also have a new podcast called “Raising the Bar with Alli & Michael” which launched on July 25th. On the series, Alli and Michael speak to budding entrepreneurs, and share what it takes to risk everything on a great idea in hopes of turning it into a multi-million dollar business. </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>Cristina Alger is a celebrated fiction writer who just came out with her third book, The Banker’s Wife, a financial thriller that unveils the personal lives of the financial world's movers and shakers.</p><p>Cristina is a former Goldman Sachs analyst and a former Manhattan corporate attorney who grew up in the city, attended some of the best schools in the nation, and sadly, lost her father - a well known finance executive - during the 9/11 terrorist attack.</p><p>We talk about her creative process for developing The Banker's Wife, how her personal life and experiences inspired and influenced the book and financial lessons learned growing up as the daughter of a top finance executive.</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>

A career conundrum, student loan concerns and doubt about an extravagant Lego purchase. So Money listeners get their questions answered by Farnoosh and special co-host Chantl Martin, an avid listener and founder of Thrive Lounge. <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>Ever tried to enroll your child in like an art class, or soccer camp, only to find out that it's completely full, or maybe you just found out about a great swim program right by your house, but wish you'd known about it years before? Today's guest is an entrepreneur who noticed this particular parent pain point, and she's on a mission to fix it and help make parents lives a little bit easier and help make kids’ lives more fun. </p><p>Today, we're welcoming Marissa Evans Alden to the show. She is a former Rent the Runway Executive, and now the co-founder of a website and mobile app called Sawyer. Sawyer is a marketplace for children's activities and adventures and it's currently available in the New York, Chicago and LA metro areas, but soon to a neighborhood near you. </p><p>Full disclosure, my husband Tim joined the Sawyer team earlier this year as a developer, but even before he began working there, he and I were fans of the site as two busy parents who are constantly trying to take advantage of what the city has in store for kids, and also so that we can keep them occupied, if you know what I mean parents. </p><p>Marissa takes us through her journey of entrepreneurship, how she impressively raised investment dollars while pregnant and advice for those of us contemplating leaving our jobs to dive into a business of our own, and lest you think Sawyer is child's play, the company has raised millions of dollars to date. </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>What do you get when you combine two business besties, 5 million podcast downloads and a brand new book? Today’s So Money guests, Co-Founders of the Being Boss Podcast: Emily Thompson and Kathleen Shannon. </p><p>When Emily and Kathleen were growing up, they watched their parents head to 9 to 5 jobs and bring home steady paychecks, but each one of them through a series of events became creative entrepreneurs, eventually setting aside their day jobs in favor of launching their own businesses. The two friends combined their creative forces and started a podcast called Being Boss, where they've interviewed leading experts, including Melissa Hartwig, who is the co- creator of the Whole30 diet. Remember I went on that? It was actually one of the best diets I've ever been on. </p><p>They’ve also interviewed me, although you will have to wait for that interview. It airs later in September, so really excited to bring on Emily and Kathleen to So Money ahead of that. Their podcast success has led to a book deal. It's called <em>Being Boss </em>and it just hit shelves a few months ago. </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 Farnoosh hosts the show solo (sniff sniff). Don't worry, there's lots of advice and strategy packed in this 30 minutes of Ask Farnoosh. Listeners ask about the best ways to invest $100,000 or more and how to best launch a blog. Plus, more details about Farnoosh's 12-week podcast accelerator program and how to apply. <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>