So Money with Farnoosh Torabi

<p>If you're looking to stock up your pantry this holiday season, learn how to get $60 worth of free organic groceries and free shipping at<a href="http://www.thrivemarket.com/somoney."> Thrivemarket.com/somoney.</a> End the New Year on a healthy note!</p><p>Our guest today is the founder and co-CEO of Thrive Market, Gunnar Lovelace. Gunnar's been a lifelong health advocate and serial entrepreneur. Thrive Market is actually his fourth company and he's on a mission to make healthy eating accesible to everyone. How does he keep prices so low? How did he break into a $10 billion food market? How do you deal when 70 investors reject your business plan? Gunnar's got great answers.</p><p>He also takes us back to his childhood, growing up poor and dealing with survivor trauma...and how it's all given him the ability to persist.</p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>Imagine losing both your parents at age 15, then fast-becoming the head of household with two other siblings, paying a mortgage, car insurance and college. Our guest today, Carlvin Dorvilier says life's challenges didn't happen TO him, they happened FOR him. They gave him the opportunity to grow up quickly, think strategically and realize that he can help inspire so many people with his personal story. Happy to report that today, Carlvin is 26, living in New York, working full-time and maxing out his retirement savings!</p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>My husband and I want to reach our goal of financial freedom... should we buy a duplex and rent out half while living in the other half or buy a home and a secondary rental property? Is there a way to wisely go into debt when taking out a business loan? Answering these questions of yours and more with special co-host and business money strategist <a href="http://jkrane.com/">Justin Krane</a>.</p><p>To learn more or share a question for an upcoming Friday show visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>What makes someone a SERIAL entrepreneur? How about starting six businesses over the span of 20 years that have gone on to generate many, many millions of dollars? That's our guest Sarah Shaw. From working as a costume supervisor on Hollywood sets to launching several fashion-driven companies endorsed by top magazines and celebrities including Sarah Jessica Parker, Reese Witherspoon and Cameron Diaz, she comes to So Money with many fascinating stories of launching businesses, sometimes on the fly. And also the challenges. What happens when all your investors pull out of your company at the same time? Ask Sarah. It happened to her in 2002, forcing her to start over. In the process he lost the trademark to her own name!</p><p>Today, Sarah runs Sarah Shaw Consulting where she helps clients successfully create and launch their products. She's also the host of Street Smart MBA, where she talks with successful entrepreneurs about all the hard won lessons they’ve learned on the mean streets of the business world including Venus Williams, Barbara Corcoran and the host of The Profit on CNBC, Marcus Lemonis.</p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>People sometimes ask how we plan to teach my kids about money and while I think it's important to teach things like delaying gratification, saving, needs versus wants, it's also helpful to raise kids with an entrepreneurial mindset. And emphasize the benefits of generating ideas, executing on those ideas, creating a plan, learning how to sell, learning how to negotiate. And that brings us to today's guest, JJ Ramberg who is, herself, an entrepreneur, an award-winning financial journalist and host of the popular MSNBC show, Your Business. She is also the co-author of the new children's book: <a href="https://www.amazon.com/Startup-Club-JJ-Ramberg/dp/1684011663/ref=sr_1_1?ie=UTF8&qid=1505230747&sr=8-1&keywords=JJ+Ramberg">The Startup Club</a>, which tells the story of two school age friends and the ups and downs of running a business together.</p><p>JJ is a mom of three and has lots of personal advice on how to engage young kids in discussions around money and business. When she's not writing a book, hosting her TV show or managing a household of five, JJ also operates GoodSearch.com, a company she co-founded with her brother. GoodSearch.com is a search engine that donates 50 percent of revenue to the charities and schools its users designate.</p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>In light of Equifax and other data breaches, how do I balance convenience and security? How to budget for holiday gifts and limit spending? Answering these questions of yours and more on a special <em>Ask Farnoosh </em>with special co-host Brittney Castro of <a href="https://www.financiallywisewomen.com/">Financially Wise Women</a> and our brand partner <a href="https://creditcards.chase.com/slate-credit-card?jp_cmp=cc/slate/off/na/multiple">Chase Slate</a>.</p><p>To learn more or share a question for an upcoming episode visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>Want to learn how to get two hours of sleep in 20 minutes? <em>So Money </em>guest Latham Thomas is a superwoman. She's been named one of Oprah Winfrey’s SuperSoul 100 alongside super-humans like Ava DuVernay, Doctor Brené Brown, Deepak Chopra, and others.</p><p>Latham Thomas is a wellness guru and founder of <a href="http://mamaglow.com/">Mama Glow</a>, a lifestyle brand that offers</p><p>inspiration, education, and holistic services for moms and moms-to-be. She encourages them to</p><p>mother themselves first. I’m all for that. She's also an author and launched a new book</p><p>earlier this fall called, “<a href="https://www.amazon.com/Own-Your-Glow-Luminous-Crowning/dp/1401939171">Own Your Glow – A Soulful Guide to Luminous Living and Crowning the</p><p>Queen Within</a>”. </p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>Erica Duran is an expert in minimalist luxury. Can you even put those two words in the same sentence? Minimalist <em>and</em> luxury? Don’t they negate each other? Kind of? She begs to differ.</p><p>Our guest today is first and foremost a business coach who has adopted this unique lifestyle that she calls “Minimalist Luxury." So, of course, we're going to dive into this. What does this look like? How can we emulate this? In terms of possessions, she only has a suitcase, laptop, phone, and her dogs. But the catch is that she does also get to live in luxury resorts. How she gets to do that is also something that we unfold on the podcast.</p><p>Erica also has a podcast of her own called, “The Erica Duran Show." As a business coach, she gives guidance and support to mainly service-based entrepreneurs so they can build their businesses while working from pretty much anywhere. If you’re interested in pursuing this lifestyle, make sure to tune in. We talk about how she helps these folks not just work from anywhere but actually earn up to $20,000 per month consistently. So, if you want to learn how to live a minimalist luxury lifestyle, learn how to work from anywhere and how to make $20,000 a month, this episode is for you.</p><p>For more information visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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 should a person start the conversation concerning a promotion at work? What's the best education fund for my daughter's college savings? If I switch to another credit card with my current credit card company how will it impact my credit score?</p><p>Answering these questions of yours and more on this week's Ask Farnoosh with special co-host Megan Betterman.</p><p>For more information visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>We’re going to dig into what actually has people create crime. Not just <em>any</em> crime but financial crime. What is actually behind it... the motivation, the mindset?</p><p>Our guest, Kelly Richmond Pope, will help bring this to life. She is the genius behind the movie <em>All the Queen’s Horses</em>. It is a true story of Rita Crundwell, one of the national’s leading quarter horse breeders, who was also arrested in 2012. She was the largest municipal fraud perpetrator in the country’s history. She embezzled upwards of $50 million dollars as a comptroller and treasurer of Dixon, Illinois.</p><p>It’s not $50 or $60 billion, like Bernie Madoff. But $50 million is <em>a lot</em> of money. Plus, we’re talking small town Illinois and about a woman who was trusted. She was a horse breeder. There were no signs that she was going to be stealing your money... but were there?</p><p>The film has actually won HBO’s best documentary award at the Martha’s Vineyard African-American film festival. Critics are going nuts. They love it.</p><p>Kelly is not just a filmmaker. She’s also an associate professor in the school of accountancy at MIS at DePaul University in Chicago. There she teaches a lot of different courses around accounting and a course on leadership. She is also a speaker and an author. She’s worked in the forensic practice at KPMG on anti-money laundering engagements, insurance fraud investigations and fraud risk management projects. She is well-versed in the forensic accounting field. She’s also on a ton of forensic accounting seminars around the world for universities, corporations and governments.</p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>What is Bitcoin? I’ve been getting more pitches about Bitcoin in the last 30 days than I have in last three years. It's one of those things that made me go, “Hmm, maybe we should do an entry-level, 101 discussion around this on the show?” I thought that it would be great to bring on co-founder of Fund3 Jack Finio for this discussion.</p><p>Fund3 it’s a quantitative hedge fund that uses machine learning to make sense of digital assets and cryptocurrency markets. Jack is totally immersed in this market. He’s going to tell us, what is Bitcoin? Why we should care and what is the future? How is Bitcoin going to revolutionize the way we bank today? We could be on the brink of change. He’s going to talk about what he is experiencing in how Fund3 is part of this market.</p><p>A little bit more about Jack... he’s a native New Yorker and grew up just steps away from Wall Street. As a result, he was intrigued by finance, investing and entrepreneurship from a very early age. By 17, Jack had won multiple business plan competitions. In college, he studied traditional finance and computer science. He quickly learned that AI and blockchain technology could become extremely disruptive and it was there he saw an opportunity to capitalize on this trend to eventually start Fund3.</p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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 podcast makes me rethink my relationship with money, yet I still can't seem to pay off $14,000 worth of credit card debt. What's a good first step?</p><p>My employer gives 53 cents back for every mile when I commute to and from work using a rideshare service. Should I just fight for a full refund?</p><p>Answering these questions of yours and more on today's Ask Farnoosh. Have a question of your own you'd like to share? Submit a question by visiting <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>Tony Robbins likes to say that, "The quality of your life is in direct proportion to the amount of uncertainty you can comfortably deal with." So, let me ask you: how often do you leave your comfort zone? As tough as that can be, our guest today says it is this very practice that often leads to success. I can vouch for that. Getting laid off in 2009 was a very uncomfortable, uncertain time in my life. But I didn't cower. I didn't play the victim and I credit so much of my success today to that unexpected kick in the pants back in the day.</p><p>But, back to our guest, Andy Molinksy, he's a popular professor at Brandeis University who has delivered a tremendous book on this topic called <a href="https://www.amazon.com/Reach-Strategy-Outside-Challenge-Confidence/dp/0399574026/ref=sr_1_sc_1?ie=UTF8&qid=1504278277&sr=8-1-spell&keywords=reach+andy+molsinky">Reach: A New Strategy to Help You Step Outside Your Comfort Zone, Rise to the Challenge and Build Confidence</a>. In it he helps people conquer the uncomfortable so they can succeed. This is Andy's second book. His first book, <a href="https://www.amazon.com/Global-Dexterity-Behavior-Cultures-Yourself/dp/1422187276/ref=sr_1_1?ie=UTF8&qid=1504278340&sr=8-1&keywords=global+dexterity">Global Dexterity</a>, was a huge success receiving the Axiom Award for best business book in international business and globalization. Organizations around the world have used this book including the US Air Force Academy and the Clinton Foundation.</p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>Ever wonder how Wall Street works? I mean, <em>really</em>? We see how Wall Street is portrayed in dramatic movies, like Wolf of Wall Street and The Big Short, and of course the iconic movie Wall Street with Michael Douglas. Personally, I’m obsessed with the show time show Billions. So, how accurate are these portrayals really? Today we go behind the scenes thanks to our guest and her groundbreaking reporting.</p><p>Sheelah Kolhatkar is a staff writer for <em>The New Yorker</em>, and has published her first book called <a href="https://www.amazon.com/Black-Edge-Inside-Information-Wanted/dp/0812995805">Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street</a>. We’re not talking about Bernie Madoff. This book details the story of a billionaire trader Steven A. Cohen, and the rise and fall of his hedge fund SAC Capital. It is the largest inside our trading investigation in history. This is the kicker, Cohen was never charged.</p><p>We will dive into all of this with Sheelah, as well as her background as a former hedge fund analyst herself. How did that experience bring her to her role today as an investigative business reporter? As I mentioned, she is currently a staff writer for <em>The New Yorker</em>, where she covers Wall Street and Silicon Valley, the economy and national politics. She also writes the magazine’s financial page and is a regular contributor to NPR’s marketplace.</p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>Should I stop saving to pay off my student loans or keep saving?</p><p>Are you supposed to pay off debt after you get your paycheck or pay your necessities first and then see what's left over to pay off the debt?</p><p>How feasible is it to negotiate or lower any fees associated with a retirement account?</p><p>Answering these questions of yours and more on today's Ask Farnoosh with Dan Andrews of <a href="http://wellroundedsuccess.com/">Well Rounded Success</a>.</p><p>For more information or to share your own question for an upcoming Ask Farnoosh Friday episode visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>This is a special BONUS episode on the heels of my new partnership with Citizens Bank. I normally don’t publish new episodes on Thursdays, but this one couldn’t wait!</p><p>Earlier this fall, Citizens Investment Services introduced a new digital investment advisory platform called <a href="https://www.citizensbank.com/specifi">SpeciFi</a>, and they’ve invited me to join them on their campaign to educate people about retirement and the importance of investing for the future.</p><p>You know I’m all for ways to make investing simple and efficient and we often talk about the value of digital investment platforms on the show…but, call me old–fashioned, I also believe it can be useful to work with real, licensed professionals to help guide our investment planning, and the great news is SpeciFi delivers both of these services in one robust platform.</p><p>It’s one of the reasons I’m proud to team up with the folks at Citizens and SpeciFi. The other reason is that I’m a New England girl and Citizens, for those of you who may not know, is one of the oldest and largest financial institutions, headquartered in Providence, Rhode Island, just an hour away from Worcester, MA (my birth town!). Citizens was our neighborhood’s bank growing up, so this is a very cool, full-circle moment for me.</p><p>Joining me to discuss more about the ways we can all leverage investing for our goals and how SpeciFi can help investors is <strong>John Bahnken, President, Citizens Bank Wealth Management. </strong></p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>Question: how do you decide what stocks or funds to buy?</p><p>For me, financial health is key. It’s an important marker, but do we care so much about a company’s social mission, <em>really</em>? What’s under the hood? How do they care about their employees? Are they really making an impact in the world? Are they values-driven?</p><p>Dave Fanger is dedicated to making what he calls "values-driven" investing more accessible. He's the founder and CEO of Swell Investing. It is an innovative impact investing platform that aims to deliver profit, as well as purpose with six socially responsible investment portfolios. It’s a platform he started while working for his employer who actually helped Dave incubate the idea. This is a great story within a story, right?</p><p>We dive into the meaning of values-driven investing and how Swell Investing selects investments, but also how to convince our boss to let you incubate your big idea while working at the company. We always say, “Don’t quit your day job.” This is literally working your day job and coming up with your idea and incubating your idea at the day job. Pretty genius.</p><p>For more information visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>Is gender equality <em>really</em> possible? Claudia Chan, our <em>So Money </em>guest today, has made it her life's mission to close the gender equality gap and has inked a new book on the topic. It's called <a href="https://www.amazon.com/This-How-We-Rise-Potential/dp/0738220027/ref=sr_1_1?ie=UTF8&qid=1508719361&sr=8-1&keywords=This+is+How+we+Rise+claudia+chan">This Is How We Rise: Reach Your Highest Potential, Empower Women, Lead Change in the World</a>.</p><p>She's also the founder and CEO of S.H.E. Global Media and she's a recognized expert on leadership and social entrepreneurship. S.H.E. Global Media just wrapped it's annual <a href="http://shesummit.com/">S.H.E. Summit</a>. It's an event that aims to help Fortune 1000 companies modernize and accelerate diversity with the goal of achieving gender parity by 2030, which is not that far away. That's pretty ambitious. I hope we get there. To support this, I was on a panel at S.H.E. Summit in New York discussing financial equality and how women can earn more. You can probably guess, I had quite a bit to say.</p><p>Anyways, Claudia's impetus for launching S.H.E. Global Media actually came after starting a multimillion dollar business. You might have heard of it. It's called Shecky's. It was after achieving tremendous success and still feeling like she wasn't pursuing her life's true calling that she was inspired to do some soul searching. She says step into a new consciousness of what it means to be a woman in today's world. Claudia's book talks about the need to shift to a "me for we" mindset in order to achieve gender equality. “What does that mean?” I ask. And also, How can men be a part of this important revolution?</p><p>For more information visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>My parents never invested for retirement, how can I help them? Is buying a condo a good investment for me? How do you personally save, invest and budget your money?</p><p>Answering these questions of yours and more on this week's <em>Ask Farnoosh </em>with special co-host Alicia Schiller.</p><p>For more information or to share your own question for an upcoming Ask Farnoosh visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>Do you like watching television? Ever wonder who are the minds behind these shows? Friend and former colleague, Jerry Kolber is the co-founder and executive producer of <a href="http://thisisatomic.com/">Atomic Entertainment Group</a>. He has been the mastermind behind a number of popular shows you may have watched. His company has produced hit shows like National Geographic’s Brain Games. He’s also worked on Bravo’s Queer Eye for the Straight Guy. Jerry has also been an executive producer on one of my shows back in the day called, Bank of Mom and Dad. It’s a little show back in 2009.</p><p>We talk about how to make great TV today. Where does TV live? It’s not just on TV, we have now a lots of screens. So, how do you think as a producer about the kinds of shows that can exist and be successful on platforms like Netflix, maybe even Facebook? Jerry’s got shows on all of those channels. How did he get his start? What brought him to this world? And where does he see the future of television heading?</p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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>Our topic today is single motherhood and how to make it work financially, romantically, professionally. Emma Johnson is an expert on all of those fronts and she has been a guest on this show before as the founder of <a href="https://www.wealthysinglemommy.com/">wealthysinglemommy.com</a>. She's built an incredible community around single motherhood and how to make the most of it. Emma, thanks to the popularity of her blog, has a new book out now, it's called, <a href="https://www.wealthysinglemommy.com/kickass-single-mom/">The Kickass Single Mom: Be Financially Independent, Discover Your Sexiest Self, and Raise Fabulous, Happy Children</a>.</p><p>Emma was first on So Money on <a href="http://farnoosh.tv/episode/emma-johnson/">episode 298</a> talking about her blog. Now, she's back talking about this book and the advice that it gives to mothers on how to build their own wealth, ignite romance and raise great families. I think it's actually something that all parents can learn from. It's not just a bible for single mothers. I think it's got some really great roles for all of us, who have children.</p><p>If you'd like to learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.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 do you fight the urge to keep up with the Joneses? Should I take a new job opportunity or negotiate the terms at my current job? How do I play catch-up with retirement? Answering these questions of yours and more on this week's Ask Farnoosh.</p><p>For more information or to submit your own question for an upcoming Ask Farnoosh visit <a href="http://farnoosh.tv/podcast/">www.somoneypodcast.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>Back by popular demand, Eric Roberge is in the house. If you listened to last Friday’s episode of Ask Farnoosh, you know Eric was my esteemed co-host. I wanted to bring him back for a 1:1 interview. As a certified financial planner and founder of his own virtual financial planning company, Eric has a great grasp on all the issues young professionals are facing when it comes to money and personal finance. </p><p>A little more about Eric: His financial planning firm is called Beyond Your Hammock.</p><p>He previously worked for State Street and JPMorgan before starting his own business at age 33. Now, he helps people in their 30's and 40's make strategic decisions with their money to achieve financial independence. Eric has been named one of Investopedia's Top 100 Most Influential Advisors. He frequently contributes to Forbes, Huffington Post and Money Magazine.</p><p>So, should you hire an advisor? How much does it cost? What are some of Eric’s greatest financial tips for the current generation?</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><p>For more information visit <a href="http://farnoosh.tv/podcast/">www.somoneypodcast.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>Our guest today has been a close friend and a key member of my support system since my early days of living in New York City. Brian Maloney is here. Brian is more than just a friend. He is a mentor, an entrepreneur, a loving dad, brother and husband. He recently made a brilliant career pivot from high profile positions in brand marketing and public relations to becoming the owner of his own Brooklyn art gallery called CUSP NYC. I’ve always wanted to pick Brian’s genius brain and talk money with him and now seemed like a great opportunity. </p><p>Brian says the power of art has always been his engine for creativity and inspiration in helping brands. His modus operandi is Creativity Unleashed to Solve Problems, which is how he came up with the name CUSP for his gallery here in Brooklyn.</p><p>Later this month CUSP will be featuring 12 female artists in an exhibit called MAKE ROOM. All the artists use uncommon techniques or a unique process to transform traditional media. Maybe I’ll see you there! Visit <a href="http://www.cusp-nyc.com/">www.cusp-nyc.com</a> </p><p>Up next…Hear Brian Maloney on his money philosophy, growing up in the Midwest and flipping burgers at Burger King. You gotta start somewhere!</p><p>For more information visit <a href="http://farnoosh.tv/podcast/">www.somoneypodcast.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>What steps should I take to protect myself after the Equifax credit hack? Is it worth it to take on student loan debt in my 40s? Will my fiancé's medical school debt prohibit us from buying a home down the line even if we have good credit?</p><p>Answering your questions with <a href="https://twitter.com/beyondfinances">Certified Financial Planner Eric Roberge</a> on this week's <em>Ask Farnoosh.</p><p></em>To share your own question for an upcoming show, please visit <a href="http://farnoosh.tv/podcast/">www.somoneypodcast.com</a> and click on 'Ask Farnoosh' in the top righthand corner.<em></p><p></em></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's blast from the past week on <em>So Money</em>. On Monday we invited back our friend Rebecca Jarvis, the chief business, technology and economics correspondent for ABC News and the host of the podcast No Limits. She's got some incredible new insights to share after interviewing people like Barbara Corcoran, Jewel and beauty queen Bobbi Brown. Please take a listen if you haven't. Yesterday, Rebecca featured me on her podcast for a So Money/No Limits crossover, so also be sure to listen to that to learn about the one thing I'm STILL struggling with. Truthfully there are many areas for improvement, but she asked me for the biggest. I reveal ALL.</p><p>Today, we're lucky to have back on the show Dorie Clark. You can go back to <a href="http://farnoosh.tv/episode/dorie-clark/">EP 206 </a>to hear marketing consultant, speaker and author Dorie talk about her money failures and habits.</p><p>Today, she's on to share details of a brand new book: <a href="https://www.amazon.com/Entrepreneurial-You-Monetize-Expertise-Multiple/dp/1633692272/ref=as_li_ss_tl?ie=UTF8&qid=1491846095&sr=8-2&keywords=entrepreneurial+you&linkCode=sl1&tag=dorclasmarstr-20&linkId=49548722f043476681310811b3759cb2">Entrepreneurial You: Monetize Your Expertise, Create Multiple Income Streams, and Thrive</a>. In it she's providing readers with a blueprint on how to monetize your ideas and build a brand. If you've got an idea for a side gig, hustle, business or several ideas running through your head and not sure how to make it a reality, to make money from it, this episode is for you.<em></p><p></em>To learn more visit <a href="http://farnoosh.tv/podcast/">www.somoneypodcast.com</a>.<em></p><p></em></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>Excited to announce that this week we're doing a podcast cross-over with <a href="https://itunes.apple.com/us/podcast/no-limits-with-rebecca-jarvis/id1190147307?mt=2">No Limits with Rebecca Jarvis</a>. Have you heard of this amazing new podcast? Rebecca Jarvis, a friend and senior business, economics and technology correspondent for ABC News interviews female visionaries and entrepreneurs from cosmetics queen Bobbi Brown to the Grammy Award-Winning musician Jewel about their hard-learned lessons and their climb to success and wealth.</p><p>On today's show, Rebecca stops by to talk about her favorite interviews, intra-preneurship and where our economy is headed.</p><p>Then, you can head over to <a href="https://itunes.apple.com/us/podcast/no-limits-with-rebecca-jarvis/id1190147307?mt=2">No Limits and hear Rebecca's interview with me</a>...She asks questions that were a bit difficult to answer and I discovered things about myself I found myself revealing a LOT. You don't want to miss her show.</p><p>Rebecca's been on <em>So Money </em>before. Catch her first interview <a href="http://farnoosh.tv/episode/rebecca-jarvis/">here on EP 9.</p><p></a></p><p>To learn more visit <a href="http://farnoosh.tv/podcast/">www.somoneypodcast.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>Should we use most of our cash savings to pay off our credit card debt? My biggest challenge is budgeting... should I open a bank account with a major bank to help save and budget? How do you deal with both saving for retirement and paying off student loans?</p><p>Answering these questions of yours and more on this week's <em>Ask Farnoosh </em>with special co-host and business money strategist <a href="http://jkrane.com/">Justin Krane</a>.</p><p>To share your own question for an upcoming Ask Farnoosh episode, click the 'Ask Farnoosh' button on the top righthand corner and record or write-in your question at <a href="http://farnoosh.tv/podcast/">www.somoneypodcast.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>Our guest today popularized the concept of "Why." It stemmed from a TED Talk back in 2009 that has now become the third most watched talk of all time on Ted.com. </p><p>I'm excited to welcome motivational speaker and bestselling author Simon Sinek to So Money. It's a huge honor. Simon is an optimist and helps teach leaders and organizations on how to inspire the people around them. Simonis out with a new book,<a href="https://www.amazon.com/Find-Your-Why-Practical-Discovering/dp/0143111728/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=&sr="> Find Your Why: A Practical Guide for Discovering Purpose for You and Your Team</a>. This is the follow-up to his first book, <a href="https://startwithwhy.com/shop/books/start-with-why?ref=simonbio">Start With Why</a>, which was a global bestseller. In the latest book, he's addressing the concerns that arise with why... can you have more than one why? He says NO. I wasn't kind of surprised by that. Also during our interview, Simon told me that I asked him a question he's NEVER received. That made me feel cool. You'll have to listen to learn more.</p><p>To learn more visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>Raise your hand if you think making a million dollars would make your life better. Today's guest earned 7-figures in one year, running a successful online business. Great, right? Well, if you ask her, it's complicated.</p><p>Our guest Melyssa Griffin recently rediscovered her passion and her purpose by achieving financial greatness and then realizing...it wasn't all it was cut out to be. She opens up about her story of self-discovery. </p><p>A little more about Melyssa: She is an entrepreneur who began her career working as an expat in Tokyo teaching English. She then began a blog called The Nectar Collective. It was her creative outlet. Months later her blog became a full-time job. She moved back to her home in California to grow the blog which became a business by year three, earning Melissa $1M per year through blogs and e-courses. </p><p>To learn more visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>Today’s episode of Ask Farnoosh with special guest Jacquette Timmons, a financial behaviorist, originally aired as episode 285. We answer your biggest questions about negotiating a promotion or increase in salary at work, refinancing student loans, what to do with your leftover money after maxing out your retirement accounts and more.</p><p>Jacquette joined me on <em>So Money</em> before. To catch her interview, <a href="http://podcast.farnoosh.tv/2015/10/jacquette-timmons/">click here</a>. And if you’d like to keep up with Jacquette, visit her website <a href="https://www.jacquettetimmons.com/">www.jacquettetimmons.com</a> and follow her on Twitter <a href="https://twitter.com/jacqmtimmons?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor">@jacqmtimmons</a>.</p><p>To learn more visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>From covering the police beat in New York City beat to reporting on the best wines across Long Island's vineyards, our guest today is a journalist who, like so many children of immigrants who don't go onto become doctors and lawyers, had a hard time convincing his parents that he was on the right track. (I can relate.)</p><p>Pervaiz Shallwani is a friend and he is our guest today. He is a food writer and dining critic at Newsday, a daily newspaper and media company that mainly services communities on Long Island, New York. Also big news: He has a new online show called <a href="http://newsday.com/FeedMeTV">Feed Me TV</a>, which serves up a behind the scenes look at the Long Island food scene.</p><p>Pervaiz has mastered the art of doing what you want and doing it well, even if it means changing course more than once in your career. He's brave. He's bold. We talk pivots, hard-to-please parents, getting paid to eat on camera and of course, the vivid money experiences that have shaped his relationship with money today and even allowed him to buy a home in New York.</p><p>To learn more visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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 healthy are you? How do you define health? We often discuss the correlation between health and wealth on the podcast and today's is prepared to give even more insight and advice. about this a lot on So Money but health is wealth people.</p><p>Dr. Partha Nandi is the host of the nationally-syndicated hit show Ask Dr. Nandi. His new book is called <a href="https://www.amazon.com/Ask-Dr-Nandi-HealthHero-Well-Being/dp/1501156810/ref=sr_1_1?ie=UTF8&qid=1504278952&sr=8-1&keywords=ask+dr.+nandi">Ask Dr. Nandi: 5 Steps to Becoming Your Own #HealthHero for Longevity, Well-being and a Joyful Life</a>.</p><p>To learn more visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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 do you teach kids to invest? How can I save money while trying to be social? How much should I budget for eating out and miscellaneous expenses when I travel?</p><p>Answering these questions of yours and more on this week's Ask Farnoosh with special co-host Naomi Hattaway, a licensed realtor and founder of the networking platform,<a href="https://www.facebook.com/groups/iamatriangle"> I Am a Triangle</a>.</p><p>To leave a question for an upcoming Ask Farnoosh Friday episode, visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.com</a> and click on 'Ask Farnoosh' on the top righthand corner and record or write-in your question.</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 wonder what it’s like to be a top news anchor on CNN, someone who has to report on what’s happening in the world right now LIVE? And, by the way, someone who has been blacklisted by Donald Trump?</p><p>Or, maybe you’re an aspiring news reporter curious about the path ahead, how to strike out on your own and stand out from the crowd?</p><p>My guest today is Alisyn Camerota is an American television journalist and novelist. She is currently co-anchoring CNN's New Day with Chris Cuomo . She has co-anchored CNN Tonight, and served in many roles during a 16-year career at the Fox News Channel.</p><p>Alisyn’ new novel is called <a href="https://www.amazon.com/Amanda-Wakes-Up-Alisyn-Camerota/dp/0399563997">Amanda Wakes Up</a>, an entertaining story of the rise, fall and rise of a young reporter working at FAIR News. The book isn’t exactly an autobiography but Alisyn says her own life did offer inspiration, which makes the behind-the-scenes stories of what happens at the news network all the more juicy. Alisyn admits there are parallels but the book is fiction.</p><p>For more information visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>Our guest today is probably the best guest I could think of to have on a day like this. It is the one and only Dr. Deepak Chopra. He’s the founder of the Chopra Foundation and co-founder of the Chopra Center for Wellbeing. He is a world renowned pioneer in integrative medicine and personal transformation, a prominent figure in the new age movement. He’s written multiple books. Dr. Chopra is also one of the best known and wealthiest figures in alternative medicine.</p><p>So, how did I get this interview? My friend Kabir emails me and asks, "Do you want to meet Deepak Chopra in New York City at his book launch?" Of course, I immediately cleared my schedule and emailed him back, "YES!" Sidenote: I can’t remember how many exclamation points. Then, Kabir replied to me and said, “Do you want to interview him for your podcast while you’re here?” At that point, I nearly choked on my bagel.</p><p>You might be wondering: who is Kabir? How is he such a super power? Kabir Segal is a friend and friend of the show. He is the bestselling author of <em>Coined: The Rich Life Of Money and How Its History Has Shaped Us</em>. He was on So Money talking about that book as well as his own money journey on <a href="http://farnoosh.tv/episode/kabir-sehgal/">episode 73</a>. As it turns out, he's friends with Deepak Chopra.</p><p>Most recently, he, Deepak and Paul Avgerinos released a new book called, <a href="https://www.amazon.com/Home-Everyone-Inspired-American-Immigrants/dp/1538761009/ref=sr_1_1?ie=UTF8&qid=1505082491&sr=8-1&keywords=home+where+everyone+is+welcome">Home: Where Everyone is Welcome: Poems and Songs Inspired by American Immigrants</a>. It’s a collection of about 34 poems, 12 songs, all inspired by a diverse group of immigrants who’ve made significant contributions to this country. The poems symbolize the many roads that lead to America and which we expect will continue to converge to build the highways to our future. So, that's what has prompted this meeting between myself and Deepak and hundreds of other people who came to this event. It was a magnificent event.</p><p>Before it happened, I got the chance to sit down in Deepak’s office, which is at ABC Carpet in New York and it was very surreal. We talked about the way you wear money, the way that you spend it and how it reflects your inner most values. We also talk about the guilt that we sometimes feel around making money and how that can lead to poverty consciousness a</p><p>To learn more about Dr. Deepak Chopra visit <a href="https://www.deepakchopra.com/">www.deepakchopra.com</a> or follow him on Twitter <a href="https://twitter.com/DeepakChopra">@DeepakChopra</a>.</p><p>If you'd like to learn more visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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 much of my savings should I invest in my index fund? My student loan lender says they won't accept principle only payments... any other ideas on how to knock off the debt quickly? The stocks in my 401K were pre-selected for me based on a risk assessment quiz. Should I pick them based on expense ratio?</p><p>Answering your questions with special co-host David Fox on this week's Ask Farnoosh.</p><p>Have a question of your own you'd like to share for an upcoming episode? Visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.com</a> and click 'Ask Farnoosh' and submit or record your question.</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 are in interested in fashion, culture or feminism, you’ve probably heard of the media site Man Repeller, and/or its founder Leandra Medine. I’ve been a fan and follower of Leandra for several years, so getting the chance to chat with her was a real treat. Leandra launched Man Repeller originally as a fashion blog while in college at the New School. For her it was a platform to write, as well as make her stand out from the competition when applying for magazine jobs in New York. This was 2010. </p><p>Thanks to being super authentic and playful, Man Repeller quickly took off. The site and Leandra became stars, receiving a huge profile in T<em>he New York Times</em>, brand partnerships with major fashion and beauty brands and a front row seat at top runway shows. Dream come true? In some ways. What began as a vehicle to land a job became the best job for Leandra. But we learn is that, even as her company has grown fast over a short period of time, Leandra, at 28 years old, is still trying to figure a lot out, including her own future. Is there a talk show down the road? I say yes. </p><p>For more information visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>My guest today is one of the MOST interesting people under the age of 30 that I’ve ever met. Let me just share his brief bio for you in his words…<em> “In June 2013, I was $726,000 in debt due to a failed business venture. For many people, that may have signaled the end of their entrepreneurial passions. But desperation has this funny way of unlocking creativity. The only way to get out of this mess was to find something that worked and leverage the hell out of it. So that’s what I did and three years later, not only have I paid off all the debt. I’ve generated multiple millions in revenue. I use my 12 years of experience in entrepreneurship and online marketing to help other entrepreneurs grow their businesses.”</em> Fascinating right? During our interview we learn how he got into that massive amount of debt in the first place. And how does a 26 year old have 12 years of entrepreneurial experience? </p><p>For more information visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>My S.O. is a spender and I'm a saver (I'm also the breadwinner)... how do we align our values? What's your number 1 tip for successfully managing business finances? Is there an argument for why renting is NOT a waste of money?</p><p>Answering your questions with <a href="http://www.hilaryhendershott.com/">Hilary Hendershott</a>, a financial advisor, podcast host of <a href="http://hilaryhendershott.libsyn.com/">Profit Boss Radio</a> and <a href="http://farnoosh.tv/episode/hilary-hendershott/">former So Money guest</a>.</p><p>To leave a question for an upcoming Friday episode of Ask Farnoosh, head to <a href="http://farnoosh.tv/podcast/">somoneypodcast.com</a> and click on "Ask Farnoosh" in the righthand corner.</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>Ten years ago kids when our guest Ana Homayoun would ask her students for their biggest distractions they’d list friends, sports and their pets. Now, the top distraction is the internet, Facebook, Snapchat, Instagram.</p><p>As a parent how do we enforce healthy rules around the internet and social media for our kids? How do we, ourselves, leverage the internet to enhance productivity, as opposed to just turning it into one big distraction? Ana Homayoun knows all. She is the author of the very new book <a href="https://www.amazon.com/Social-Media-Wellness-Helping-Unbalanced/dp/1483358186">Social Media Wellness</a> and comes to this discussion with over fifteen years of experience working with students, educators and administrators. Ana is also the founder Green Ivy Education Consulting, a firm that specializes in promoting time management and wellness issues in the classroom and school communities.</p><p>For more information visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>Today's guest became a millionaire in just five years and all by the age of 30. Grant Sabatier is the founder of <em>Millennial Money</em> and he’ll be sharing how he went from having just two dollars in his pocket to crossing the million-dollar threshold.</p><p>Indeed, it was a fateful day at Chipotle in his early 20s when he experienced his financial wake-up call. All Grant wanted to buy was a burrito. But he couldn’t. He checked his bank balance and realized he had just $2.26 to his name. A recent, unemployed college grad living at home like so many Millennials, Grant decided it was time to grow up, make a living and take a stab at this whole <em>adulting</em> thing.</p><p>You’ll have to listen to the episode to learn the rest!</p><p>For more information visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>In this week’s episode of <em>Ask Farnoosh</em>, special guest Sophia Bera and I answer your biggest questions about financial advice for single women, trust funds and beneficiaries, investing in target date funds and more.</p><p>Sophia Bera is the founder of GenY Planning and was featured on <a href="http://podcast.farnoosh.tv/2015/09/sophia-bera/"><em>So Money</em></a>previously. If you’d like to learn more about Sophia, visit her website <a href="http://genyplanning.com/">genyplanning.com</a> or follow her on Twitter <a href="https://twitter.com/sophiabera">@sophiabera</a>. You can also sign up for her newsletter <a href="http://genyplanning.us7.list-manage1.com/subscribe?u=2c4c8d7a0b6e95ed4b69ae710&id=7e0ce2080e">here</a> or enroll in the waitlist for her Millennials and Money class <a href="http://genyplanning.com/waitlist">here</a>.</p><p>For more information visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>Today’s interview is an experience I will never forget. I’m actually surprised that it took me this long to bring my parents onto the show. They have been one of my biggest supporters since day one but particularly with this podcast. They knew how much it meant to me. They listen every day and give me feedback. They’re my biggest fans.</p><p>We talk about it on the show so often that who we are as people, especially when it comes to our values, perspectives and emotions around money, stem from childhood and often how our parents communicated over money and interacted with money. I talk about all of that with Adam and Sheila Torabi. In Farsi or in Persian, they’re known as [Farrokh] and [Sheida], but they changed their names. I finally get to the bottom of this in our official podcast interview today and it was a blast going all “Barbara Walters” on them. I didn’t let them off the hook.</p><p>I asked them why they fought about money when I was a kid because that’s the sort of stuff that really sticks with you for life, right? I was a little scared to ask that question because I’m sure it brings up as many emotions for them, as it does for me. But I really wanted to know. And more importantly, how did they reconcile those differences? And of course, we’ll talk about their immigration and the importance of education. My dad just got laid off, believe it or not, at 62. How’s he dealing with that? All that and more plus my mom’s number one tip for a lasting marriage. My parents are celebrating their 38th anniversary this August.</p><p>For more information visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>Today’s guest is one of my favorite authors on the planet. He’s provided me with so much invaluable insight throughout the years, as I’ve been working in the field of personal finances. Dan Ariely is our special guest. He is the author of several <em>New York Times </em>bestsellers including <a href="https://www.amazon.com/Predictably-Irrational-Revised-Expanded-Decisions/dp/0061353248/ref=sr_1_1?ie=UTF8&qid=1469020592&sr=8-1&keywords=dan+ariely"><em>Predictably Irrational</em></a><em>, </em><a href="https://www.amazon.com/Upside-Irrationality-Unexpected-Benefits-Defying/dp/0061995045/ref=sr_1_5?ie=UTF8&qid=1469020592&sr=8-5&keywords=dan+ariely"><em>The Upside of Irrationality</em></a>and <a href="https://www.amazon.com/Honest-Truth-About-Dishonesty-Everyone--Especially/dp/0062183613/ref=sr_1_3?ie=UTF8&qid=1469020592&sr=8-3&keywords=dan+ariely"><em>The Honest Truth About Dishonesty</em></a>.</p><p>I actually tapped Dan for his expertise just recently for my <a href="http://www.oprah.com/money/strategies-for-saving-more-money">Oprah column</a> about ways to combat money myths and save better. Dan and I were two of the keynote speakers at the Northern California Financial Planners Association gathering. Such an honor to be in his company.</p><p>A little more about Dan: He is a founding member of the Center for Advanced Hindsight and a Chief Behavioral Economist with a new savings app, <a href="https://www.qapital.com/">Qapital</a>. He’s a multiple-time TED talker, whose speeches have been viewed millions of times. He is the James B. Duke Professor of Psychology and Behavioral Economics.</p><p>For more information visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>Should I keep multiple 529 plans with the same provider? Is it best to keep joint or separate investment accounts with your spouse? </p><p>Answering these questions of yours and ore with special guest Brittney Castro, Founder and CEO of <a href="http://www.financiallywisewomen.com/">Financially Wise Women</a>.</p><p>Brittney joined me on <em>So Money</em> before. To catch her interview, <a href="http://podcast.farnoosh.tv/2015/01/brittney-castro/">click here</a>. And if you’d like to keep up with Brittney, follow her on Twitter <a href="https://twitter.com/brittneycastro">@BrittneyCastro</a>.</p><p>For more information or to leave your own question for an upcoming Ask Farnoosh episode visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>Fasten your seatbelt, today’s guest is about to take us on a superhighway fast lane to success, as she shares her rise to mogul status in the health and fitness world. You know her well: Jillian Michaels, the foremost fitness expert in the world and a renowned life coach is our SO MONEY guest today.Jillian has built an international fitness community on countless platforms from her popular fitness DVDs and exercise streaming platform, <a href="http://fitfusion.com/">fitfusion.com</a>, to her 8 New York Times best-selling books, to her award-winning podcast <a href="http://www.jillianmichaels.com/fit/daily-dose-podcast-radio">The Jillian Michaels Show</a>.</p><p>And she’s not slowing down. Jillian recently released her own <a href="http://www.jillianmichaels.com/fit/mobile-tools-app-iphone">iPhone app</a> which allows users to train with her with pre-set workouts. Jillian’s company Empowered Media, which she launched with business partner Giancarlo Chersich, has fast become a monumental wellness empire that’s dedicated to provide people with accessible and affordable solutions for all of their wellness needs.</p><p>In the interview we discuss how Jillian’s not super conventional when it comes to executing her vision for the business. Hear how she strategizes her next steps. She also shares the worst money mistakes she made when she first encountered a great deal of wealth in her early 30s and how she’s making up for it today. Plus, the $8 million deal she says she would have NEVER done.</p><p>For more information visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>Ladies and gentleman, this episode will forever be an absolute dream come true for me. The day that we had the Emmy Award-winning co-host of Lifetime’s mega-hit show <a href="http://www.mylifetime.com/shows/project-runway">Project Runway</a> Tim Gunn.</p><p>Tim is fashion royalty and he’s had a long lasting career as a mentor and educator with roles like Chair of the Department of Fashion Design at Parsons School of Design, Fashion Dean at Fifth & Pacific and Chief Creative Director at Liz Claiborne Inc. He’s also a <em>New York Times</em> best-selling author.</p><p>Takeaways from our time together:</p><p>How Tim didn’t get paid when Project Runway first launched (season 1 AND 2). Nada. Zilch.His So Money moment after years of living paycheck to paycheck as a “pauper educator,” he describes.Receiving a $50,000 inheritance in the 1990s and how he used it strategically.Fun Fact: Tim and I actually used to live in the same apartment building together (though I was always too shy to say Hello. I blame my yoga pants.)</p><p>For more information visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>My fiancé has student loan and credit card debt. I'm willing to help him pay it off but what should we prioritize? And what do you think of prenuptial agreements?</p><p>Is it okay to tell a hiring manager that you don't have a degree because doesn't make sense for you financially?</p><p>Are CFP professionals really worth the investment? What should I look for when finding one to work with?</p><p>Answering these questions of yours and more on this week's Ask Farnoosh. Also, have a question of your own you’d like me to answer? Visit <a href="http://farnoosh.tv/podcast/">www.somoneypodcast.com</a> and click on “Ask Farnoosh” in the righthand corner and record or write-in your question.</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 a a 32-year old certified financial planner who deeply knows the financial struggles of his generation. Douglas Boneparth and his wife Heather grappled with $300,000 in combined student loan debt. They somehow managed to overcome it and now want to support their generation to teach them how to take better control of their money. They've co-authored a new book called <a href="https://www.amazon.com/Millennial-Money-Fix-Budgeting-Financial/dp/1632651041"><em>The Millennial Money Fix</em></a><em>, which</em> dives into the challenges they faced and offers a step-by-step guide on how to take control of your finances.</p><p>Douglas and I talk about how his financial practice caters to the Millennials, a generation that doesn't have a lot of money to invest. He shares the key strategies that helped him and his wife conquer their six-figure debt and his best advice for young adults seeking financial independence.</p><p>For more information visit <a href="http://www.somoneypodcast.com">www.somoneypodcast.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>