So Money with Farnoosh Torabi

In today's episode of Ask Farnoosh I answer questions about when it's the right time to move out, saving money in long-distance relationships and how to save 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>

In today's episode of Ask Farnoosh I answer questions about student loans, aggressive investing and mother-in-laws caught in financial difficulties. <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>

His name is Jeffrey Zurofsky. You may have heard of him. He is an incredibly talented chef and a successful restauranteur who broke into the New York City restaurant scene after graduating from college. He, along with his business partner Tom Colicchio, co-founded the gourmet sandwich chain Wichcraft plus the fine dining restaurant Riverpark and its innovative accompanying urban farm in New York City. Jeffrey also co-hosts the Bravo TV series, "Best New Restaurant," where he helps new restauranteurs learn how to navigate the realities of their businesses under pressure. We are going to talk a lot about those realities and how young budding restauranteurs and chefs can break into this very, very tough industry and build thriving businesses. Additionally we also talk about secrets to saving money when food shopping so you and I can save money at the grocery store and how to put the best quality foods in our carts for the least amount of money, the biggest mistake startup restaurant owners make, and how he recovered from his biggest financial mistake. All that and much, much 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>

Ever have a friend who borrowed money and then never paid you back? OR worse, an ex spouse who ran off with your inheritance or never paid alimony?My guest today is the author of book with lots of stories like that, including some of her own. The book is called Gold Diggers and Deadbeat Dads: True Stories of Friends, Family, and Financial Ruin. Author Valerie Rind is with us today. She is both a corporate attorney and financial writer, leads with her own personal financial catastrophes involving family, from losing her life savings after trying to help support a relative’s business to feeling financially cheated in a previous marriage. She writes about personal finance at ValerieRind.com and contributes to other media outlets. <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 David Stein, host of Money For the Rest of Us, a weekly personal finance podcast. He also runs the Money For the Rest of Us Hub, an online educational platform on money, how it works, and how to invest it. Previously, he was Chief Investment Strategist and Chief Portfolio Strategist at Fund Evaluation Group, a $35 billion institutional investment advisor. There he co-lead the 20 person research team and managed assets for endowments, foundations and financial planners. <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>

Deemed the Mindy Kaling of personal finance, Stefanie O’Connell is a Millennial money expert, author and entrepreneur whose primary focus is keeping the discussion of finance simple, honest, and real. Stefanie’s writing has earned her a reputation for practical frugality, witty story telling, and a commitment to living a big life on a small budget. She and her work have been featured on such major media outlets as The Wall Street Journal, Forbes, and USA Today. <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 on the show we have a personal finance architect. Doesn’t that sound cool? I thought I was creative in calling myself a personal finance strategist. Architect is way cooler. My guest is Steve Stewart a Personal Finance Architect from St. Louis who helps people plan their cashflow so they can go pro. <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 Ask Farnoosh episode questions about where to start investing, support groups to learn about finances in NYC, thoughts about retirement savings and where to invest just $2000. <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 Ask Farnoosh episode questions about whether to start podcasting, saving for your children's education and whether you can afford grad school. <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>

If you have a sweet tooth like me, you will appreciate the awesome deliciousness that comes from the award-winning Tate·s Bake Shop in Southampton, NY. A household name in our home, Tate's Bake Shop was voted the Best Bakery in the Hamptons for years and became a destination for locals and tourists alike. Today·s guest is the founder and owner of this legendary bake shop, Kathleen King. <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 someone I’ve been wanting to talk with for years! She is hilarious… She is an award-winning comedian, actor and musician, Sandra Bernhard. Described as a “living, breathing bonfire” and “a super smart and slightly mad performer of stunning originality”, she began her career at L.A.’s famed Comedy Store in the ‘70s, and since then has written and starred in numerous one-woman shows, acted in movies and on television, recorded albums and authored books. She appeared more than 30 times on Late Night with David Letterman. She is probably best known for her roles as Nancy, the gay co-owner of the Lanford Lunch Box on Roseann She has a live show at the Regency Ballroom in San Francisco on May 1st and at the Capitol Theater in Olympia, WA on May 2nd. Also, her 5 episodes guest-starring on the CBS Television series Two Broke Girls. Her first episode airs on March 30th, the second on April 13th, followed by three more. During our time together we learn: · How growing up in Flint, Michigan in the 1960s shaped her views on mone · Living below your means in an industry that pressures you to spend extravagantly · How she teaches her 16 year old daughter the value of money. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

I'm very honored and elated to welcome today's guest, Dan Price. He is the man of the moment. I'm sure you've read about him and his incredible decision. As the founder and CEO of Gravity Payments, a credit card processing firm, he recently announced raising his company minimum wage to $70,000 per year and himself taking a $930,000 pay cut · from 1 MM to $70K. Dan is not your typical CEO. His leadership has earned him multiple awards, including the 2014 Seattle Business CEO Excellence Award, 2013 Entrepreneur Magazine·s Entrepreneur Of 2014 and 2010 SBA National Young Entrepreneur Of The Year Award! He was also featured in countless media, including Forbes, Business Week, and CNBC, among others. Dan started his company almost a decade ago when he was 19 years old out of his dorm room at the Seattle Pacific University with the seed money from his brother. Three takeaways from our interview: ·What he says to some skeptics that his pay raise is short-sighted and won·t necessarily lead to more productivity. ·How this salary shift will impact Dan·s life·remember his salary is going from 1MM to $70k. <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>

Those of you who are interested in the stock market and enjoyed listening to the recent episode with Frank Cruzio (episode 78) are in for another treat… Today’s guest is a rader who made millions by age 22 by investing his $12,415 in Bar Mitzvah gift money in penny stocks… He also started a hedge fund during his senior year in college that went on to become the #1 ranked short bias fund by Barclay for 3 years. His name is Tim Sykes. After his hedge fund went bust in 2007 (that’s right, don’t try to do this at home, folks!), Tim appeared on major TV networks and shows, including a popular reality TV show “Wall Street Warriors” which aired in 20+ countries and inspired hundreds of daily emails from fans wanting to know more about him and his trading strategy… He ended up writing about it openly in his self-published best-selling autobiography “An American Hedge Fund” and later started a publishing and financial education company. He now has 3,000+ students in over 70 countries that he teaches how to trade and grow thousands into millions. He also runs a social network for traders called Profit.ly, which has about 50,000 members, some of whom pay Tim to receive daily e-mail tips, weekly newsletters, and access to thousands of videos such as the trading webinar he’s just begun. Tim has also recently started a program with former NFL star Plaxico Burress to help educate athletes on how to be financially smart with their money, especially once their professional sports career has run its course. Some takeaways from our interview: · How he made millions by age 22…and what did he do with that money? · If you’re just starting out and new to the active investing world, what should you do first? <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 the best-selling author of the recent book The Great Beanie Baby Bubble and two other highly acclaimed bestsellers which he wrote before his 24th birthday: Debt-Free U and How to Be Richer, Smarter, and Better-Looking Than Your Parents. He has contributed to the Wall Street Journal, the Boston Globe Magazine, the Daily Beast, and Bloomberg, among others. He was also the editor of the Warman's Guide to Antiques & Collectibles and a contributing editor with Antique Trader. His name is Zac Bissonnette. Three takeaways from our interview: · Key personal financial lessons from the Great Beanie Baby craze · His biggest financial regret. · Why he likes to donate to libraries. <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 Ask Farnoosh episode questions about whether you should give up on paid vacations to have more money, podcasting awards, burning out and the condo woes. <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 Ask Farnoosh episode questions about freelance writing, podcasting equipment and creating a business credit with a new 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>

My guest today is the diversely talented Jenni Pulos. Like a lot of us she has a maxed out to-do list. She is best known as Executive Assistant to Jeff Lewis on Bravo’s Emmy nominated hit show Flipping Out and it's spinoff show Interior Therapy. Flipping Out is currently filming it's eighth season with Jenni adding Co-Executive Producer to her very long to-do list which includes working as an actress, comedian, writer and rapper. Yes! She in fact won Showtime At The Apollo and was inspired to produce a rap album that just came out called Old School Kids Beats. She’s also the author of the book Grin and Bear It: How to be Happy No Matter What Reality Throws Your Way.I respect and love Jenni. A lot. Watching her on TV I feel as though we’d connect and you can probably tell that I had a huge giant smile on my face during this interview. She’s extremely down to earth, funny and real. She’s a business woman, wife, mom and all around cool chick. And for all those reason and more, I’m super excited to have her on the podcast.Several takeaways from our interview:-- Jenni’s biggest financial mistake right out of college… involving passing up an offer for a downpayment on a house!-- What it takes to succeed in the entertainment industry.-- How to spend and invest without fear… emotions she had to overcome. <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>

If your budgeting is not where you want it to be… and you are wondering what else you can do, today’s guest might be able to help. He is the founder and CEO of YouNeedABudget.com or YNAB, Jesse Mecham. Fueled by the desire to survive as a 20-something newlywed and a full-time student, Jesse developed a budgeting system to help him track expenses. What was a simple expense recorder evolved into something quite useful, which allowed him and his family not only to survive but also save a substantial portion for a rainy day.Fast-forward to 2015, YNAB is a full-blown software enterprise, driven by a small, passionate team, helping tens of thousands of people all over the world pay down their debt, save more money, and break the paycheck to paycheck cycle. When Jesse is not fine-tuning software, doing his own budgeting or helping others get a hold of their finances, he is gardening, playing the piano and honing his golf swing… as well as hanging out with 5 amazing children. <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 the "Money Girl" Laura Adams. Laura is a personal finance expert and award-winning author of multiple books, including Money Girl’s Smart Moves to Grow Rich. She’s been the host of the popular Money Girl Podcast, a top weekly show in iTunes, since 2008.Laura is a go-to expert in the media. She’s been featured on NBC, CBS, ABC, NPR, USA Today, The Wall Street Journal, The New York Times, and so much more.Her mission is help over 100 million students and consumers live richer lives through her podcasting, speaking, spokesperson, teaching, and advocacy work. <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 researching my latest book When She Makes More, I reached out to some of the most renowned experts in the field of money and relationships. I came across Dr. Corey Allen who is our guest today. Corey is a husband, father, author, speaker, as well as a Marriage and Family Therapist and a Licensed Professional Counselor with a Ph.D. in Family Therapy.He has a private practice in McKinney, TX and is the founder of simplemarriage.net, an online resource aimed at helping marriages not just survive, but thrive. <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 have a guilty pleasure. And that guilty pleasure is an entire channel… known as Bravo. From the Real Housewives of Beverly Hilss to Watch What Happens Live with Andy Cohen. And today, we have one of my favorite Bravolebrities: Millionaire Matchmaker Patti Stanger. She is the star and executive producer of the network’s hit series “The Millionaire Matchmaker” currently in its eighth season. If you’ve never watched the show Patti connects high net worth clients with women seeking love. The idea being that busy successful men don’t have time or the wherewithal to really make a meaningful connection on their own… And she flips it sometimes, too. I’ve watched her match millionaire women with men... and she’s also connecting same sex couples too, which is wonderful.What I admire most about Patti is her business savvy. She’s an experienced third-generation matchmaker. She founded her company, the Millionaire’s Club, in January 2000 and 15 years later it boasts more than 100,000 members available for its clients. Prior to launching this business Patti served as the Director of Marketing for Great Expectations, one of the oldest dating services in the United States. Early in her career, she spent 10 years in the fashion industry.Patti is also an accomplished author, columnist, radio show host and recently getting into the wine and spirits industry. <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 Ask Farnoosh episode... questions about buying a home close to retirement and co-mingling bank accounts in your relationship. <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 Saturday's Ask Farnoosh questions about accelerating a mortgage payoff, starting a business with no savings and how to launch a speaking career. I've got answers! Tune in... <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>

Raise your hand if you’re big on making lists! I am raising both hands right now. And I’ve got one foot in the air. I’ve been creating lists since I was probably in middle school... writing is cathartic for me and when I can put all my to-do’s in hierarchical order it makes me feel like I can really focus and prioritize. It’s a way to stay organized…and I know for a fact that lists help me be more productive and results-driven. So, if you agree with me that creating and executing to-do’s off of a list are a key to productivity, you will appreciate our guest today. Her name is Paula Rizzo. By day she is an an Emmy award winning TV producer in New York City and by day and night and the middle of the high she works on another one of her passions as the founder of the productivity site ListProducer.com. She has a new book out which we’re going to talk about called Listful Thinking: Using Lists to be More Productive, Highly Successful and Less Stressed. In our time with Paula we discover: -- How using lists can help you lead your best life -- The idea of a permission list when it comes to budgeting and how it can help. -- Paula’s biggest habit – besides list making - that keeps her finances in check. <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 digital media pioneer and an incredible inspiration to me and millions of other entrepreneurs. She is the creator and host of “The Valley Girl Show” and CEO of Valley Girl, Inc. She has produced and distributed over 200 interviews with some of the greatest minds in business and technology such as Ted Turner, Mark Cuban, Sheryl Sandberg and Eric Schmidt, the former CEO of Google. And after 6 successful years hosting her talk show online, she is expanding it to television, with a new series on Fox TV in Northern California. Her name is Jesse Draper. During our time together we learn: -- Why her dad tried to borrow money from 10-year old Jesse and what that experience taught her. -- Why Jesse ended up spending more than she should have when she started her business… why she doesn’t do that anymore. -- How Jesse does the big ask when negotiating – her simple tips and strategies that you can use too! -- A fun game you can play if you want to learn about investing but haven't started investing yet. <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 professional musician turned entertainment attorney and business coach. Jo-Ná Williams is the founder and CEO of J.A. Williams Law firm which helps artists, content creators and entertainers navigate legal and intellectual property matters. In addition to her legal practice, Jo-Ná runs the Artist Empowerment Group, which she established to empower artists to take charge of their careers and advise them on branding and marketing. Some of her clients have written best-selling books, created award-winning blogs, been nominated for Grammys and hit the Billboard Top 100 and iTunes Top Album Charts. Prior to venturing out on her own, she served as a legal clerk for a New-York based entertainment law firm and did pro bono work for the Arts in Massachusetts where she worked on intellectual property and entertainment law matters for low-income artists. <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 the award-winning comedian, Jeff Kreisler. He is a triple threat! A writer, performer and producer with impressive Ivy League credentials… who believes that the world can be saved with more thinking, passion, and aggressive naps! I actually had the opportunity to cross paths with him at TheStreet.com. His work, including his bestselling satire “Get Rich Cheating," has been praised by mainstream media including The New York Times, Chicago Tribune, CNBC, and San Francisco Chronicle, among others. Jeff is a sought-after corporate speaker and was the featured comedian at The 2011 Economist's World Conference, alongside former President Bill Clinton. He is a graduate of Princeton and Virginia Law School, a former attorney and private investigator. Several takeaways from our interview: -- Why Jeff turned down 6-figure job opportunities that could have put him on a partner track at leading law firms -- Why he doesn’t like to use automatic bill pay -- The best thing that his parents gave him (hint: it’s not his allowance or first car!) <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>

Ramit Sethi is the author of the New York Times bestseller, "I Will Teach You To Be Rich" and writes for over half a million monthly readers on his website, iwillteachyoutoberich.com, where he covers psychology, personal finance, careers, and entrepreneurship. Ramit’s unusual combination of psychology, analytical testing, and irreverent style led Fortune Magazine to call him the “new finance guru on the block.” Ramit appears on ABC and PBS regularly, and periodically writes for the New York Times. He studied social influence and persuasion at Stanford, and previously co­founded PBworks, a Silicon Valley collaboration startup. Three takeaways from our conversation: -- How Ramit is making 2015 the year of MORE -- How taking willpower out of the equation allows him to perform at his peak -- And how he spends just 1 hour per month on his finance. <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>

Does saving money for my child's college education lower my chances of getting financal aid? And what the heck do I do with my stinkin' time share? I want to sell it! <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>

How much should we borrow to attend college and what do I say if a prospective employer insists on knowing my previous salary? <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 knows what it feels like to be in your 20s and overwhelmed by work, money and just, life, in general. She’s only 27 years old and has already experienced a devastating lay off from work (just two months after joining a company), going nearly broke… I believe it was something like $13 or $14 left in her bank account …and at a loss for how to redirect her life. Today’s guest is Mandi Woodruff and she is a warrior. She knows the pains of trying to figure it all out before you hit 30 and confesses…it’s a loser’s game. By day she is the personal finance correspondent for Yahoo Finance where she hosts the weekly web series, Money Minute, delivering 60-second explainers on some of life's trickiest money questions. She's been a reporter for more than seven years and studied journalism at the Grady College of Journalism and Mass Communication, home of the Peabody Awards. <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>

Whether you are single or in a relationship, living in a flashy metropolis or a quiet suburb, you have probably experienced how difficult it is to find your second half these days. I mean, who has the time to date? (A true personal story: when I first started dating my hubby-to-be, I thought for sure he would give me the boot because I was chronically overscheduled and overbooked. Thankfully, he didn’t and now we have a beautiful son.) But time is a REAL challenge when it comes to finding the love of your life and unfortunately not the only one... Today’s guest is a L-O-V-E guru and relationship expert who coaches his clients on how to make time and work through various challenges associated with dating. He is the founder of YourGreatLifeTv.com and the creator of a program called “3 Bulletproof Habits to Get the Man You Want”! He’s also the guy who had the amazing fortune of being invited to participate as a volunteer staff member in many of Tony Robbins’ seminars for 5 years... which, he says, helped him find his true calling! Today’s guest is Bern Mendez. Three takeaways from this interview: -- How one wealthy man helped him realize his dreams of finishing college. -- Bern’s top wealth-building, financial philosophy -- His niche focus that’s helped his business soar <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 my guests on the show have told me how important it is to start talking with kids about money… early and often. And one of my recent guests, Ron Lieber, the author of “The Opposite of Spoiled” has taken it a step further. He suggests that we help children learn how to associate money with a work activity…. that is ideally above and beyond their regular household chores. (i.e. don’t give them that allowance for free… have them earn it!). Today’s guest is a great case-in-point. She grew up in a family where money was a frequent topic on the family agenda and every moment was used as an opportunity to help kids acquire good money habits. Tiffany Aliche is the rising star in the personal finance world and the founder and CEO of TheBudgetnista.com It’s a financial education firm, which provides seminars, workshops and, more importantly, financial empowerment to thousands of women across the globe. Tiffany is the bestselling author of the book, The One Week Budget, and has been featured on NBC, PBS, The New York Times, and ESSENCE Magazine, among others. Her outstanding client list includes such leading institutions as American Express, Princeton University, The New York Public Library and The United Way. Three takeaways from our interview: -- How growing up in the family where money was the norm helped her build stellar financial skills, including a credit score of 802 by the age of 26! -- How venturing into the investing world led to $25,000 of unexpected credit card debt. -- Tiffany’s strategy for setting and achieving goals (Hint: write them down!) <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>

Have you ever watched when kids play … and wished that you had the same bold, fearless attitude towards… pretty much everything? It seems that no matter what, they always seem to bounce back with more energy than before! Today’s guest is fearless. He’s a serial entrepreneur, a proud father of four and a lucky carrier of the “success gene” (unofficially) which, he says, has helped him and other generations in his family quickly get back up on their feet after “hitting a bump on the road”. His name is Ryan Lee. Ryan started his first website back in 1999 while still working full-time as a recreational therapist at a children’s rehab hospital. That site was supposed to promote his sideline personal training business. Instead, he grew it into a giant empire spanning multiple markets and generating 7-figures of income every month. But it didn’t happen overnight. In his own words: “it took… years of lots of trial and error to finally "crack the code" and have enough nerve (and consistent income) to leave the secure world of a steady paycheck.” Three takeaways from our interview: -- #1 question Ryan recommends that you ask yourself if you’re starting your own business -- The worst financial issue Ryan faced in his life (hint: pay attention to the boring tax stuff!) -- How Ryan was able to take his business to the next level and brought in $20k in 3 days <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’m excited to welcome our first stock expert and active investor on the show, Frank Curzio. By now, you probably know that I subscribe to the passive philosophy when it comes to investing – that’s right I love my index funds! However, a lot of you have expressed interest in participating directly in the stock market… so I thought that Frank would be a fantastic resource for you and could give you another prospective on investing so you can decide which one is right for you. I’ve known Frank for almost a decade. He is one of America’s most respected and recognized stock experts. He’s been analyzing stocks for almost 20 years and has traveled all over the world to find the best companies to invest in. He currently writes the Disruptors & Dominators newsletter for Uncommon Wisdom, a division of Weiss Research. And prior to that, he was an analyst and editor at Stansberry Research. Frank has also experience working for one of the richest hedge-fund managers on Wall Street and is the host of the Wall Street Unplugged podcast, which has been ranked #1 on Apple’s iTunes website as the “most listened-to” financial show in the business section. Three takeaways from our interview: -- How to get started if you are a beginner investor. -- Why Frank prefers to spend a little more… even if he doesn’t have to. -- Early memories of being the son of an investing pro! <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>

Should I bank on social security? And what financial moves should I make now before I move overseas? Lots of great questions on this edition of Ask Farnoosh. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Farnoosh answers your biggest money questions. Today: What's the ideal age to retire and how much should I have? and How do you How do you approach that first investment or business move when you've made a bit of money? <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

I’m excited to welcome our first LOVE guru on the show. Her name is Marni Battista. She is the founder and CEO of DatingwithDignity.com, a million dollar plus company specializing in helping her clients to FIRST fall in love with themselves, create a life they love, and THEN find someone amazing to love. As a divorcee herself, Marni truly understands what it feels like to be lonely and sick of wasting time on dates that go nowhere. I actually interviewed Marni extensively for my book, When She Makes More, which arrives in paperback next month…She has some exceptional and important advice about how successful and ambitious women can attract THE ONE…when it feels like your “ambition” is a turn-off to the opposite sex.Several takeaways from our interview:-- How one becomes a LOVE guru-- Marni’s 15 minute daily ritual which helps her stay centered and keeps her finances in check-- How Marni developed a close, committed relationship with money-- The financial coach she hired and how this person changed Marni’s attitude toward money completely. <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>

Let's say you or your child gets accepted to Stanford or Harvard, an elite private college that consistently ranks in the tippity top of higher ed rankings and where graduates tend to get the best jobs with the best pay. But here's the catch: It'll cost close to $200,000 to attend. In the grand scheme of life, is it worth it?I posed this question to a recent guest on my podcast, Lynnette Khalfani-Cox, a financial expert who's published a great book called "College Secrets: How to Save Money, Cut College Cost, Graduate Debt Free.” Lynnette's own daughter is currently considering colleges and so this question is hitting very close to home. Catch her full interview in Episode 72. <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 episode: What it means to live a truly wealthy life. Told by a man who’s job it is to report on the country’s ultra rich, how they think, act, save, spend and invest. Paul Sullivan writes the Wealth Matters column for The New York Times and is the author of the new book The Thin Green Line: The Money Secrets of the Super Wealthy. The thin green line is an interesting phrase…implies that there may not be such a huge barrier between the haves from have nots. We’re going to dive into that. Paul, himself, is admittedly a part of the 1% but in writing this book he discovered his financial weak spots …that it’s not how much you make but how you manage it, how you protect it..that ultimately puts you in control of your money…and not the other way around. A few takeaways from our time with Paul: -- How most people regardless of their income can get on the right side of the ‘Thin Green Line‘ if they really want it to. -- Paul’s financial philosophy of “fierce mental accounting.” -- How to spend smart…lessons from people who have a lot of money to spend. <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 makes me feel terribly under accomplished. He is a modern day Renaissance man. His name is Kabir Sehgal. I was introduced to Kabir by a mutual friend who thought he’d be a perfect fit for the show because he just wrote a New York Times bestselling book about the history and biology of money. The book is called Coined: The Rich Life of Money and How Its History Has Shaped Us. In it, Kabir explores how and why money has come to play such a central role in everyday life and unveils the neuroscience behind our money behavior. As the New York Times says, "If you've been waiting for an economic version of 'Eat, Pray, Love' this may be it." Kabir traveled the world for a few years to report on this topic and as if that wasn’t impressive enough, I learned this is actually Kabir’s second book. His first – Walk in My Shoes - was a New York Times bestseller, too. Oh, and by the way, the man is also a Grammy award winning musician. Three takeaways from our interview: -- The secret to Kabir's career success. -- What he learned from his very first entrepreneurial venture – in kindergarten. -- What it’s like to work on Wall Street these days. Up until recently Kabir worked in finance and investment banking. <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>

If you are thinking about going to grad school… or have children heading off to college soon, you’re probably wondering 'How the heck can I afford it? How do I plan for it?’ The cost of higher education in the US has skyrocketed more than 500% over the past 30 years, all while salaries and labor market have stagnated. Today’s guest, Lynnette Khalfani-Cox, who is the CEO of TheMoneyCoach.net and a New York Times bestselling author of “College Secrets: How to Save Money, Cut College Cost, Graduate Debt Free” is here with us today to dispel misconceptions about college and give important advice on how to make school affordable for you or your child and family. Before launching TheMoneyCoach.net in 2003, Lynnette worked for nearly a decade as a Dow Jones Newswire reporter and a Wall Street Journal reporter for CNBC, where she covered business and personal finance news. Three takeaways from our interview: -- 5 financial options you should consider before applying for student loans -- What criteria determine the “best” school for you. (Hint: It’s not about the brand name.) -- #1 financial habit that makes a huge difference in Lynnette’s marriage <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 episode is another great reminder that no matter how painful a life blow or a career setback, you can still recover… and not just survive but flourish and lead a richer, happier life. Today’s guest was let go as the CEO of a major financial services company after having invested in it his whole life. In his own words, “I was embarrassed. I was humiliated and I was devastated.” But as they say “when one door closes, another door opens.” As a result of simply having more time on his hands, he got to experience something he fell in love with, something so refreshing and captivating that he now says he would have loved to do it much earlier in life… His name is David Pottruck. He is the author of the bestseller, Stacking the Deck, How to Lead Breakthrough Change Against Any Odds and the former CEO of Charles Schwab, a company he says he “grew from $5 billion… to a trillion dollars”. Almost a decade later, David is now the Chairman of HighTower Advisors, a $25 billion wealth management firm that he helped launch in 2008. He also serves on the Board of Directors of Intel Corporation and a number of start-ups, and teaches at The Wharton School of Business. Three takeaways from our interview: -- Why it is so hard to lead breakthrough change in corporate America -- How and why David’s financial philosophy changed over the years -- His practical financial habits, all which he’s kept to this day… even though he doesn’t really have to. For more visit 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 Ask Farnoosh, I answer your questions about monetizing a website, whole life insurance and the best way to withdraw your pension in retirement when you're married. 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>

Should I lease a car? What should my net worth be? What medical marijuana companies are hot? I have a ton of money, so should I pay of my student loans or invest? Today's Ask Farnoosh questions run the gamut! <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>

Three years ago the United Nations sanctioned March 20th as International Day of Happiness – day to drive awareness for the need for happiness in our worlds. Today’s guest is a major supporter of this event. He is the founder of Live Happy magazine, Jeff Olson, and for the second year in a row, Live Happy has joined the U.N. with its own mission to lead a global movement to inspire the world to think, act and live happy with the #HappyActs Challenge. For more, check out HappyActs.org. Jeff Olson is also the Founder and CEO of Nerium International™. He is the autrho of the best-selling book, The Slight Edge. A few takeaways from our time with Jeff: How happiness correlates to prosperity in your financial life. Jeff's "Millionaire Next Door" mindset and how it helps him protect his wealth. The benefits of growing up poor and the financial breakthrough Jeff experienced in college. <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

For most of us, including yours truly, having strict deadlines can be very helpful in achieving our goals… And for today’s guest, Jaime Tardy, a 9-month deadline put her quickly into action to become financially free. She became pregnant and had a limited amount of time to pull her financial life together before welcoming her new baby. And she did it! At the same time she managed to quit her 6-figure full-time job with an expense account with confidence! Today Jaime owns her own business and has transformed her lifestyle of working 24/7 to just 30 hours a week… Jaime also writes about her experience in her new book The Eventual Millionaire. In it she also chronicles what she’s learned from over 120 millionaires interviewed on her podcast with the same title The Eventual Millionaire. They discuss the tricks that worked in building their business (and what they wish they had done differently!). In addition to being an author and a blogger, she is also a successful business coach working with entrepreneurs who want to transform their business and personal lives while building their net worth. Three takeaways from our interview: -- What Jaime thinks about the education system in the US and why she chose an entrepreneurial school for her kids -- How she managed to pull her financial life together in less than a year -- The benefit of creating her own board of advisors… and how we can do the same, 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>

If you’re someone interested in the psychology of money and learning more about yourself and why you do what you do when it comes to money, you’ll enjoy today’s episode. Today’s guest is author Gretchen Rubin, who started her career in law and was clerking at the Supreme Court when she realized that she really wanted to be a writer. Since then, she’s become one of the most thought-provoking and influential writers on habits and happiness of our time. She is the author of several books, including the blockbuster #1 New York Times bestseller The Happiness Project. It is based on the year in Gretchen’s life which she spent experimenting about how to be happier. She is out with a brand new book – Better Than Before: Mastering the Habits of Our Everyday Lives. Three takeaways from our interview: -- The 4 human tendencies we all should be aware of… (And the tendency quiz you can take on Gretchen’s website that will help you learn about yourself.) -- Why degree of temptation and your personality matter when establishing new habits. -- How to know whether you’re a classic underbuyer or overbuyer. <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 leading expert on money, kids and financial literacy and the creator of the Money Savvy Pig. She is also a banking and investment management veteran who worked with high net worth individuals for over 2 decades and advised them on what they should and shouldn’t do with their money. Her name is Susan Beacham. Susan founded her own company, Money Savvy Generation, in the late 90’s after seeing how much her own children wanted to learn about money. Since then, her company has developed a wide portfolio of products that’s helped millions of parents and educators teach basic personal finance skills to school-age children. Three takeaways from our interview: -- Susan’s inspiration to leave corporate America after 18 years to start her own company. -- Her money mantra that requires her to “stop, think and reflect.” -- How Susan’s own grandmother influenced her financial philosophy and helped her become a strong saver. <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>

oday’s guest is a podcasting legend who’s inspired millions to act on their entrepreneurial dreams – including YOURS TRULY. He is the Founder and Host of EntrepreneurOnFire, an award winning and uber successful podcast where he interviews incredibly inspiring entrepreneurs 7-days a week… His name is John Lee Dumas. John started his career in the US Army where he served for 7 years, 3 in active duty and 4 in the Army Reserves, before becoming a civilian at age 26. He then dabbled in a variety of professions, including working in corporate finance, a tech start-up and real estate, not to mention a semester long stint in Law School! But nothing felt right until he discovered podcasts… first as an avid listener and now as the creator of his own podcast, EntrepreneurOnFire. He’s also created Podcasters' Paradise, an online community filled with passionate podcasters, video tutorials and so much more that will help you create, grow and monetize your podcast. I am a proud member of this community. Three takeaways from our interview: -- How John lost $1,000 in the stock market before turning 10 years old -- The key influencer who helped shape his financial philosophy -- Why John publishes his monthly income reports and states his earnings and losses to the penny. If you’d like to learn more about John Lee Dumas and EntrepreneurOnFire, visit his website www.eofire.com or follow him on Twitter @johnleedumas. <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>