So Money with Farnoosh Torabi 1935: Ask Farnoosh: How to Navigate Student Loans, Home Buying, and Investing Decisions
Jan 23, 2026
Dive into the hidden costs of homeownership, from surprise repairs to fluctuating insurance premiums. Discover insights on navigating Parent PLUS loans while buying a home and smart steps to invest after clearing student debt. Learn the true costs of owning property and why fixed expenses aren’t always fixed. Farnoosh tackles the alarming affordability crisis in housing and shares strategies for financial empowerment, encouraging listeners to diversify investments while emphasizing responsible AI use.
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Basement Water Scare And Quick Triage
- Farnoosh discovered water damage in her basement from a burst or leaking hose and feared major repairs and lost tax refund money.
- She dried the area with fans, avoided immediate major repairs, and is monitoring for mold while considering more durable flooring.
Review And Shop Your Home Insurance
- Check your homeowners insurance policy regularly and shop around for better rates every few years like you would for auto insurance.
- Open a claim promptly after damage, document with photos and video, but avoid small claims that could spike your premium unnecessarily.
Mortgage Stability Masks Rising Home Costs
- Total homeownership cost often rises over time because property taxes and insurance are variable even if mortgage payments fall.
- Buyers routinely underestimate these layered costs, making many homes unaffordable for average Americans.