So Money with Farnoosh Torabi

Today is the second installment of the “Millionaires Next Door Series,” with another great guest Luann Abrams from Bend, OR. Two years ago she and her husband hit the $1mil mark, and are almost 2/3 of the way to the second million already! She is a former aerospace engineer, and is now a stay at home mom (but has a few side-hustles). And now that the couple has made it this far, her husband will be quitting his job soon to be a part of a start-up. He wont be making a salary for some time…So how are they going to manage? <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

We’re kicking off ‘Millionaire Next Door Week’ on So Money today. We’ve been revving up for this spectacular week for some time, I’ve been enlisting your help to either nominate yourself or people you know and excited to say that we received many more entries than we could record for this first week…But perhaps we’ll do a second week later in the fall. So many nuggets of wisdom to share… Our first guest is Darrow Kirkpatrick, the author of Retiring Sooner: How to Accelerate your Financial Independence and who runs the blog Can I Retire Yet? And the answer for Darrow, at least is, YES. He, in fact retired when he was 50 years old with over a million in the bank. You wouldn’t really know…He has a modest home, rides his bike most places…And when I visited at his home a few years ago on a story for Yahoo News, I don't recall seeing a TV in his living room. Darrow graduated from the University of Virginia with a degree in Civil Engineering. He started and sold his own business…After 29 years of programming, designing and managing computer software, Darrow was able to retire at the ripe age of 50. How did he do it? Well we’ll discuss this in the show momentarily but he attributes a lot of his financial success to good ol’ hard work, frugality, serious saving and certain investing strategies. Patience helped along the way, too. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

In today's episode of Ask Farnoosh I answer your biggest questions about rewards credit cards, paying off loans, saving for retirement, financial issues with your partner and credit scores. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

In today's episode of Ask Farnoosh I answer your biggest financial questions about creating money boundaries with family, rebuilding credit, real estate, crowdfunding, how to invest your inheritance, 401(k)s, pre-nups and compound interest. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Today's guest is Ryan Holiday. I had this wonderful guest on earlier this Spring and Ryan is a thought-provoking media strategist, bestselling author of three books, and he's not even 30 yet - I'm so jealous! Most recently his very successful books is called, The Obstacle is the Way: The Timeless Art of Turning Trials into Triumph. He has been responsible for a number of manipulative stunts and media controversies, and has been accused of being a "media manipulator" which he writes about in his first book Trust Me, I'm Lying. And he’s only 27 years old! After dropping out from University of California at 19 to apprentice under Robert Greene, author of The 48 Laws of Power, he went on to advise many bestselling authors and multiplatinum musicians, including 50 Cent and Tim Ferriss, whom I had the honor of interviewing earlier this year (check out episode 60).Ryan also served as Director of Marketing at American Apparel for many years, where his campaigns ended up being used as case studies by Twitter, YouTube, and Google and written about in AdAge, the New York Times, and Fast Company. Ryan now works as the media columnist for the New York Observer. And his work has appeared in Forbes, Fast Company, The Huffington Post, The Columbia Journalism Review, ThoughtCatalog and Medium.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>

Today’s guest has a really interesting story and is a woman after my own heart, helping young professionals navigate debt while teaching financial independence and what it means to be “financially fit.” Shannon McLay is a financial planner who left a stable job at a traditional financial services firm to start her own company, The Financial Gym. She felt that all traditional financial services firms did not offer the proper tools or resources to help young people in their 20s and 30s who are looking to build assets while also managing debt. Shannon believes that the key to long-term personal financial success is commitment to financial fitness and making smart financial choices. Well, amen to that! Through her company, Financially Blonde blog, her first book, “Train Your Way To Financial Fitness” and podcast, Martinis and Your Money, Shannon is covering all platforms so that financial fitness can be fun, easy and accessible to everyone! You can tune into her podcast every Friday to hear more from her.Three takeaways from our interview today include:The risks she took to leaver her job at Merrill Lynch and start her own company.How she’s going about raising capital to grow her financial planning business. As she says she’d like to someday like to do for the financial planning world what H&R Block has done for accounting services.How to win a free SIGNED copy of Shannon’s book Train Your Way to Financial Fitness. Shannon is giving away 5! <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Today's guest is Dorie Clark. She's a frequent contributor to Harvard Business Review, Time and Entrepreneur. She's been recognized as a branding expert by The Associated Press, Inc, and Fortune.What's a brand? Yeah we're gonna talk about that with Dorie. I believe I have a brand; sometimes I hesitate to admit it because I think it sounds, sometimes, a little snobby to say that I have a brand. But she puts it in a way that really democratizes this concept of having a personal brand. You have a brand, whether you're working at a company, an entrepreneur, a mom staying at home with your kids raising them, you have a brand! And so the earlier you recognize that, and nurture that, and cultivate that, the better off you can be.Now Dorie also serves as a marketing strategy consultant and speaker for many notable clients, including Google, Microsoft, Yale University, Fidelity, and World Bank among others. She's the author of two great books; the first is called "Reinventing You", and more recently she's the author of "Stand Out: How to Find Your Breakthrough Idea and Build a Following Around It". She currently is an adjunct professor of business administration at Duke University's Fuqua School of Business, and a visiting professor for IE Business School in Madrid.Dorie was also featured on Huffington Post as a 100 Must Follow on Twitter in 2013 and 2014. She's also on the Nifty 50 list of top women on Twitter, and most notably she was named on of Inc Magazine's 100 Great Leadership Speakers for Your Next Conference, and recognized in Forbes as one of 25 professional networking experts to watch in 2015. So she is, as it pertains to branding and leadership, she's your go-to and she's on the show today. So I'm very honored. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Today’s guest is a high-profile personal trainer, life coach and co-founder of the latest boutique workout in New York City, ModelFIT. Justin Gelband has been dubbed “The Model Whisperer” from The New York Times’ magazine with a client base including some of the world’s hottest models and celebrities including Miranda Kerr, Candice Swanepoel and Taylor Swift among many others. He is very accomplished in the personal training field with certifications from the National Academy of Sports Medicine and APEX nutrition. His passion for fitness started at a young age where he grew up swimming competitively and playing tennis and soccer. He’s now revolutionizing workouts for women by combining a mix of Pilates, yoga, movement, motion, balance stability, functional training and more. His belief is that all women can attain being “model fit” by working with your body to feel comfortable in your own skin and eating right. <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>

Now, if you're someone who's always on the go, looking for a way to consume the day's top new stories in the fastest way possible, you may already be a subscriber to this or you've heard about it, but you have to check out theSkimm - one word. It's a free, daily email newsletter that goes out each morning, gives you all the important news across subject lines, and party lines. It is simple, and kind of a sassy roundup of the latest news stories with fresh editorial content catering mainly to a young female audience. It's fun to read, easy to understand, easy to explain to a friend after work at a happy hour, what's say going on in Greece or the latest in the electoral race.And I'm not only a fan, I guess you could also say I'm sort of a contributor to theSkimm. In my partnership with Chase Slate, the brand partnered with theSkimm to create some cool and interesting editorial content around financial fitness that I helped create. So I'm very proud to introduce today's guests, the co-founders of theSkimm. They are friends, Danielle Weisberg and Carly Zakin and you're gonna love their story. Carly and Danielle, they originally met in Rome, they were studying abroad, it was a rainy day and they were both studying in Rome, they were in college.Years later they reconnected in New York as they were both producers for NBC News - how bout that? And they not only became fast friends again, but they also became roommates and co-founded theSkimm from their living room couch. Both of them have now been included on Forbes 30 Under 30 List this year. They were honored by Goldman Sachs Builders and Innovator Summit as one of the most 100 Intriguing Entrepreneurs in 2014. Danielle is a Tufts grad; she hails from Chicago. While Carly is a New Yorker who attended the University of Pennsylvania. And what brought them together and what really sparked theSkimm, was and is their passion for news. And so these ladies are just a force to be reckoned with, and they're also really relatable. I loved talking with them. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

In today's episode of Ask Farnoosh, I answer your biggest questions about how much to start investing, moving back in with parents to save money, budgeting your savings and budgeting for NYC living. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

In today's episode of Ask Farnoosh, I answer your biggest questions about affording a second child, self directed IRAs, keeping your emergency fund in a money market account or a bond fund, and marketing your business. <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>

Welcome back to another edition of So Money Summer Fridays! Today I'm replaying my interview with Jack Canfield author of The Chicken Soup for the Soul series. The book has sold more than 500 million copies in print since it first published in the early 1990s. I recall that series of books being mentioned on Oprah countless times growing up, didn't you? Maybe you have also read The Success Principles, first published a decade ago. This is a big deal.Jack was born in Fort Worth, Texas in 1944. He spent his formative teen years in West Virginia, later attending Harvard for college. He began his career in 1967 as a high school teacher in Chicago. And from there built his career into the blockbuster brand and business that it is today. Today he is the founder and CEO of The Canfield Training Group and founder of The Foundation for Self-Esteem. He holds a Guinness Book world record for having seven books on the New York Times best-seller list at the same time. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

In this day and age, we hear a lot about women balancing it all: work, relationship, kids, life, etc. But what about women who work, who aren’t married and/or don’t have children? My guest today Melanie Notkin is a media entrepreneur: author, marketer, keynote speaker, and lifestyle personality.In 2007 she founded Melanie Notkin Media, Inc. - the first and only multiplatform media company designed for the growing global demographic of childless, often single, women.Savvy Auntie is the name of her popular and beloved lifestyle brand and bestselling book for cool aunts, great-aunts, godmothers and all women who love kids. The brand appeals primarily to Melanie’s proprietary PANK® (Professional Aunts No Kids) demographic of 23 million American women. In celebration of this "childfull" demographic, Melanie established Auntie's Day® in 2009. Savvy Auntie: The Ultimate Guide for Cool Aunts, Great-Aunts, Godmothers, and All Women Who Love Kids (Morrow/2011) is a national bestseller.Her latest book is called Otherhood: Modern Women Finding a New Kind of Happiness. This is Melanie’s reported memoir on childless, often single women who expected love, marriage and motherhood.Before becoming a media entrepreneur, Melanie was an interactive and print beauty editor and interactive marketing and communications executive for global Fortune 500 companies. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Today I am interviewing the blogger Philip Taylor from PT Money. In 2007 he created his blog to share his experiences trying to get out of debt, building savings and getting educated on personal finance. Even though he had finance in his blood – his father was a CPA – already had a career as a CPA himself doing financial auditing and public accounting, he still needed to learn more about personal finance. But he quickly took control of his financial life, and turned his situation around – blogging about it all the way.In 2011, he created FinCon, an annual conference for financial bloggers in the fall, which I have attended!He has also written for U.S. News & World Report, TurboTax and others, as well as made a few TV appearances.He generates his income entirely from his blog, and focuses on saving for early retirement, growing his businesses, investing in real estate and investing in his family.Three key takeaways:Starting a part-time blog in 2007 and how he was able to grow that into a full-fledged business.When you feel entitled to spend…ever felt that way? Like you deserved something because you worked hard?The future of FinCon…Philip actually offers some breaking news…a plan he’s never shared before. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Today’s guest is a friend and one of my go-to financial experts. YES. Financial experts have financial experts. Jeff Rose is a self-made millionaire. He is the founder of GoodFinancialCents.com, is a Certified Financial Planner™ professional, CEO of his own wealth management firm, Alliance Wealth Management, author of the best-seller “Soldier of Finance” and host of his own podcast Good Financial ₵ents. He is also a husband and dad of three super cute boys.Three takeaways from our interview today include:His time as a soldier in Iraq and how that led him to being a financial advisor and advocate today.Why Jeff does NOT believe in target date funds.Why and how he purposely taking time off of work to improve his business.If you would like to learn more about Jeff Rose, visit his website www.goodfinancialcents.com or follow him on Twitter @JJeffRose. <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’s your definition of cheap? Do you think you’re cheap? Is the person you’re living with – cheap? I got into trouble once because I went on ABC news and talked about MY personal definition of cheap versus frugal…To me, being cheap means wasting time and energy to save money, being inconsiderate or rude or harmful in your pursuit of saving money. And as an example I mentioned some forms of extreme couponing. And boy did that get the couponers MAD! I got SO much hate email…! Now, not all couponing is bad. But I know there are people out there who spend hours a day to cut coupons and all they save is $20 or $30. $20 or $30 is not insignificant BUT when you account for all that time and energy and perhaps the fact that you were cutting coupons while your son needed your help with his science project…(I’m making this up!) that perhaps you’re not being frugal. You’re being CHEAP. And if you’re going to hate me for saying that, that’s OK by me! And all of this brings me to TODAY’s guest. Jeff Yeager, dubbed “The Ultimate Cheapskate” by Matt Lauer on NBC’s Today Show, specializes in teaching others how to spend smart in order to spend less and living frugally. He is also an accomplished author of several books on the topic, including “Don’t Throw That Away!” “The Cheapskate Next Door” and “The Ultimate Cheapskate’s Road Map to True Riches”. He hosts The Cheap Life on YouTube which also provides video content about living the good life at a fraction of the cost. If you’re an AARP member, perhaps you may recognize today’s guest as he is one of their saving’s experts. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

In today's episode of Ask Farnoosh, I answer your biggest questions about umbrella liability insurance, paying off your car, transition from working in the public sector to the private, investing in plastic surgery, entrepreneurship, saving for your kids future and breakups. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

In today's episode of Ask Farnoosh, I answer your biggest questions about where to put short-term savings, best way to save for college, negotiating your salary and benefits, managing your 401K, robo-advisors and starting a blog. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Happy Friday everyone. I'm doing a new thing starting this Friday and every Friday until the end of the summer. I've decided, just decided the other day, that I'm gonna air re-runs. You know, summer Fridays tend to be quieter than the other days, and I see it in my download numbers. I don't get as many people listening in on Fridays. Also, it's hard to get guests over the summer. So I'm at a point now where it's a lot easier for me to just air re-runs on Fridays. I hope this isn't gonna be too much of a problem for listeners. I mean I have already listeners telling me to slow down a little bit, and this is a way that's helping me but also addressing I think the demand out there. I can tell, you guys have other things to do on Fridays.And those of you that are tuning in, thank you! I appreciate you. But for now until the end of the summer, let's just dedicate Fridays to some oldies but goodies. And today we're gonna kick it off with the great David Bach. David, as you may know, is famous for his FinishRich books including Start Late, Finish Rich and Smart Women Finish Rich. One of my personal favorite books of David’s is The Automatic Millionaire. We talk about David a little bit actually in yesterday's show with James Altucher when he is trying to convince me that 401(k)'s are thumbs down, no good and I took him to task, but mentioned David Bach's input as well there. David is also an internationally renowned motivational and financial speaker. He's a regularly featured financial expert in the media, you've seen him everywhere! He's been on the Oprah Winfrey show six times. He's been a regular contributor to The Today Show. I've been next to David many times on The Today Show, very privileged to say that I've had that opportunity. <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>

My guest today may sound familiar…and that’s because he’s been on the show before. I was lucky enough to have my friend, author James Altucher on my 3rd So Money episode, and now he’s back on my 193rd. Time flies!James and I worked together at TheStreet.com where did countless videos about investing, stocks, the economy. Today he’s discussing his new book called Choose Yourself Guide to Wealth – a guide for navigating the new financial world we live in and generating wealth and freedom. <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>

My guest today is coming to us all the way from Australia! Her name is Julie Parker, and she is one of Australia’s foremost life and business coaches and trainers. Julie was raised by a single mother on welfare and started her career as a social worker earning just above minimum wage. Since then she has become a life coach and started a successful business. She has had sixteen years of experience in coaching and has inspired hundreds of clients and thousands of people. In 2014, she started her company The Beautiful You Coaching Academy, which has quickly grown into a 500K per year business!Julie also has appeared in DailyWorth, Elle, Cosmopolitan and Vogue, and is a TEDx speaker and published author.She is a testament that it is more than possible to change your money “genes and lineage” while also having a career focused on helping others. <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>

Back in 2007 our guest today Steve Chou and his wife Jennifer found themselves in a position that many couples face. Jennifer found out that she was pregnant, and with their growing family came greater financial concerns. Neither Steve nor Jennifer were happy with their jobs, and were stuck in a routine of complacency: drag yourself out of bed, go to work, come home, watch television, go to sleep, repeat. But with the news of the baby Steve became motivated to take charge of his life and provide better financial security for his family – especially knowing his wife wanted to quit her job to become a stay at home mom. He and Jennifer had to find a way to replace her six-figure income; thus they created Bumblebee Linens, an online store for linens for special occasions. The success of the business allowed Jennifer to stay at home while still providing for her family, while Steve kept his day job. He started mywifequitherjob.com to share his experiences and help other families deal with the same challenges. He also has a podcast of the same name, and an e-commerce course on how to create a profitable online store. Steve is a graduate of Stanford University with bachelors and masters degrees in electrical engineering, and currently works for a startup company in Silicon Valley.Three key takeaways:How he advances his business by devoting one day per week to planning for the future.The business idea that he and his wife fell upon as they were about to get married.Finding his audience and clients for his new online course. <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>

Knowing how much to put aside for the future, emergencies or anything else for that matter can be challenging. How much can you afford to save? How much do you need to reach your goal? What if there was only an app that could figure all of that for you and actually save on your behalf?Introducing: Ethan Bloch, the founder and CEO of Digit: Automated Savings, an automated savings tool with text-enabled communication. The app connects to your checking account, which allows Digit to analyze your income and spending habits to find small amounts to save for you. Those amounts increase (or decrease) based on your lifestyle. And you can easily, and with NO FEE, withdraw money from the Digit savings account via text whenever needed. Since its launch, Digit has saved an overall $20 million for users.Ethan has had over a decade of experience in finance, and his last company, Flowtown, was acquired by Demandforce (Intuit) in 2011. He says that he as been “obsessed with personal finance” since he was 13, and has spent his career doing just that. With Digit he provides a solution for modern problems in personal finance.Three takeaways from our interview:Why Ethan says the big banks can’t compete with Digit.How the app determines how much to save on your behalf. What if your income's sporadic?The sore lesson Ethan learned after investing his bar mitzvah money. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

I wanted to be able to answer as many of your questions as possible so today we have a special extended edition of Ask Farnoosh. On today's episode, I answer your biggest questions about, what to do with a raise, starting a "mastermind group," how much to have in an emergency fund, and prepping for an impending layoff. <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 wanted to be able to answer as many of your questions as possible so today we have a special extended edition of Ask Farnoosh. On today's episode, I answer your biggest questions about rebalancing your IRA, how I shifted from being a financial writer to a media personality, finding speaking engagements, how to make your savings grow, paying off student loans, side hustles, saving for retirement, what to do with inheritance, and the ramifications of filing bankruptcy. <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>

Many of you have requested my guest today to be on So Money, so I’m very excited to finally have her here: Paula Pant of the blog and movement Afford Anything. She is a self-proclaimed globetrotter, entrepreneur and investor. She has traveled to 33 countries and owns seven rental properties – wow, can I come visit? But above all, Paula is her own boss and lives on her own terms, which sounds pretty great to me. Her belief is that money can fuel your dreams and that it’s about growing your wealth, not pinching pennies. Her blog Afford Anything is part of a larger movement to allow people to ditch the 9-5 lifestyle and master their money to embark on their dreams. For Paula her dream was to travel …and as a newspaper editor and reporter she found her work exhilarating but it wasn’t enough. She wasn’t pursing her dreams. She quit her job eventually to travel the world…and from that experience AffordAnything.com was born. <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>

You asked for it and this week we made it happen... I'm in the So Money hot seat! My fellow podcaster Joe Saul-Sehy from Stacking Benjamins stopped by to interview me about my earliest money memories, my financial mistakes and my so money moment. Joe was also a guest on the show last week where he gave great advice for making a successful podcast and how he and his wife communicate about money. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Today’s guest is going to share the importance of having mentor in our lives…She is the author of the new book Getting There: A Book of Mentors. In it she interviews 30 leaders across different career paths that share their journey on the road to achieving success. From Warren Buffett to Frank Gehry to Sara Blakely, the billionaire inventor of Spanx shapewear for women.Her book offers great advice for everyone from students to those who’ve been working in their fields for years. It’s practical and priceless wisdom that we can apply across the board whether in our careers or elsewhere. She also wrote the book New York Characters, which pays tribute to some of the most interesting New Yorkers at the time. Gillian also received her law degree from the Benjamin N. Cardozo School of Law and is a photographer. She lives in NYC. <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>

Hannah Ouimet is here on the show today. She's running a six-figure fashion business from her phone, yes, by selling some of her unwanted clothes and accessories. And now she's gotten so good at it, she knows how to buy items elsewhere at a low cost and re-sell them. And by the way, she's only 23-years-old. She got her start in college and she's still in college. She decided to just sell some things from her closet that she didn't want anymore to make a few extra bucks, and she did this on a site called "Poshmark", which allows users to sell their unwanted clothes and accessories to fellow Poshmark App users.And before she knew it, Hannah was not only making a profit selling her own stuff, but also her friends items. She started buying designer apparel on deep discount, reselling that for a profit, and over time she has amassed something like 2 million users on Poshmark and she's been inspired to actually go out on her own, still working with Poshmark but also starting her own e-commerce shop called "Hannah Beury". Her success story's been covered by the Wall Street Journal, Fox News, and Refinery29 among other places. And now she's on So Money! Very proud and excited to share her journey with you because I think what it really teaching us is that with an app and a phone and some unwanted clothes, and we've all got some unwanted items in our closet, you can make a few bucks and in best case scenario you can turn it into a lucrative business and it is this entrepreneurial success story that has brought her to this show. <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>

Hair is a big business. My guest Myleik Teele is revolutionizing the world for women who have curly hair. She founded curlBOX, an exclusive and affordable monthly subscription box full of amazing haircare products for women with curly hair. This small big idea lets women try travel and sample sized hair products before actually making the purchase and investing in a full-sized bottle. CurlBox has partnerships with major brands and distributors including Procter & Gamble, Walmart, Target and Shea moisture. The company has over 200k Instagram followers and Teele even created a web-series, curlBOX TV, which gives viewers a behind-the-scenes look at their favorite hair care brands. Behind this business is a remarkable personal story. And that’s where my interview with Myleik – who is only in her early 30s – begins. <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>

On today's special extended episode of Ask Farnoosh I answer your biggest questions about saving for college, selecting the right money team, budgeting, getting out of an unhappy job, getting out of debt, making money from blogging, and figuring out your 401k. <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>

On today's special extended episode I answer your biggest questions about getting out of credit card debt before starting a business, retirement strategies, starting over in your sixties, investing, exploring career options, when she makes more in the relationship, and what to do with extra cash. <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>

Joe Saul-Sehy is co-host of the popular Stacking Benjamins podcast and is a contributor to the Money Tree Investing podcast. In his former life as a financial advisor of 16 years and the WXYZ Television “Money Man” (Detroit ABC Affiliate), he helped families overcome debt, open and operate businesses, put kids through college and retire successfully. He’s been featured in publications as diverse as newspapers like The Los Angeles Times, Chicago Sun Times, and Baltimore Sun, and magazines such as Bride, Child and Best Life. For more information visit www.somoneypodcast.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>

Matt Becker took his experience raising 2 little boys and his financial background as a CFP, and he started Mom and Dad Money. It's a fee-only financial planning practice that's dedicated to helping new parents build happy families by making money simple. He also has written a new book called "The New Parents Guide to Financial Independence,” which we discuss, as well as the biggest financial issues he personally tackled when becoming a parent and interesting ways to save on childcare costs. I asked him specifically for tips saving that and how single income households can limit their financial risk. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

In today's So Money episode I chat with Richard Davies, a former news reporter for ABC and the current co-host for the weekly podcast How Do We Fix It? Davies talks to me about his reporting career and and the financial problems he aims to solve on his weekly podcast. For more information, visit www.somoneypodcast.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>

Dr. Paul Zak is a scientist, prolific author and public speaker. He has the very unique job title of Neuroeconomist. Dr. Zak has degrees in mathematics and economics and also has post-doctoral training in neuroimaging. In 2004, his lab discovered that the brain chemical oxytocin allows us to determine whom we can trust. Since then, he has continued to study the chemical, and his current research has shown that oxytocin is responsible for virtuous behaviors, working as the brain’s “moral molecule.” This knowledge is being used to understand the basis for civilization and modern economies, improve negotiations and treat neurologic and psychiatric disorders. The possibilities are endless. He has also written a book called The Moral Molecule: The Source of Love and Prosperity about his discoveries on oxytocin. He has a fascinating perspective on decision-making and finance. For more information visit www.somoneypodcast.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>

In today's episode of So Money Podcast I chat with Daphne Oz, a natural food chef, New York Times bestselling author and co-host of the ABC show The Chew. Daphne shares how she seizes the moment and experiences life in the now, about her celebrity father, Dr. Oz, and the valuable lesson she learned at age 9 about money. For more information visit www.somoneypodcast.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>

In this replay of Ask Farnoosh, I answer your questions about giving up paid vacation in exchange for more money at work, what to do about selling a home when you don't have the funds to cover a short sale, future guests you'd like to see on So Money and more! For more information visit www.somoneypodcast.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>

In honor of the July 4th holiday, I'm replaying one of the first and a great episode of Ask Farnoosh. In this episode, I answer your questions about how to pursue freelance writing work, sticking to budgets, how to help pay down your children's student loans while paying down a mortgage and more. For more information visit www.somoneypodcast.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>

Today I'm replaying an oldie but goodie episode in honor of the Fourth of July holiday with Mr. Money Mustache. He is a thirty-something retiree who now writes a personal finance blog with a cultish following. In this interview, he shares how he was able to retire at age 30 and the rules behind his religion also known as mustachinism, the cultural forces that pressure us to spend beyond or needs and what drives happiness and why a lot of us have yet to figure out the whole happiness thing. For more, visit www.somoneypodcast.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>

Natalie Jill, Fitness Entrepreneur, talks how she went from a successful corporate career to hitting rock bottom to turning it all around by creating Natalie Jill Fitness. <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>

Skylar Woodward is the CEO and Co-Founder of Puddle, an online money sharing network. He shares how Puddle works and earlier days in his career from co-founding Kiva.org to working at Yahoo! <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>

Jason Vitug, Founder and CEO of phroogal.com, and online resource for getting real-time answers to your financial questions, discusses his inspiration for creating the website and becoming and entrepreneur. <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>

Tamsen Fadal is a Lebanese-American television personality, 4-time Emmy awarding winning journalist and anchor on the PIX11 News. We discuss her public divorce and how she recovered emotionally and financially, which led to her latest book, The New Single. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

In this episode of Ask Farnoosh I answer questions on combining bank accounts with your spouse, saving for retirement after divorce and improving your credit score. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

In this episode of Ask Farnoosh I answer questions on going back to grad school, Roth IRA's and 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>

Ryder Kessler realized that the use of credit cards prevents customers at coffee shops and other establishments from putting cash in a tip jar, causing workers to earn less. So he created a solution – the Dip Jar. <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>

Kimra Luna went from being on welfare to earning $900,000 in one year using social media and online marketing skills. She now runs the online community Freedom Hackers and Be True, Brand You. <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>

Mrs. Money Mustache, aka Simi, is the wife of blogger Mr. Money Mustache, and runs her blog. She is not an expert in any one field, but loves to discuss ideas about consumerism, parenthood, creating community, and money in our society <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>

Kathy Braddock is a 30-year real estate industry veteran and one of the top real estate entrepreneurs in the country. Kathy is currently a managing director at William Raveis, New York City. <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>