So Money with Farnoosh Torabi 1863: Ask Farnoosh: The Cost of Moving Investments, Single Bank Risks, Good Accountants and "Feminine" Dating Advice?
Aug 8, 2025
This discussion tackles the costs and rules for moving investments into a Roth IRA. It highlights the risks of relying on a single bank for all accounts. Millennials' emotional financial struggles despite their assets are examined. Smart spending through AI is explored alongside the hidden costs of return policy abuse. The dangers of 'feminine energy' dating advice are unpacked, and practical tips for financial safety in relationships are shared. Lastly, the implications of playful money trends like 'Girl Math' are critically assessed.
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Millennial Wealth and Anxiety
- Millennials have higher net worths than previous generations did at the same age, mainly due to rising home values and stock prices.
- Despite this, they often feel financially anxious because of past economic crises and uncertainty about the future.
Use AI for Smarter Spending
- Use AI tools like ChatGPT to find hidden coupon codes and get a second opinion before purchases.
- Automate price tracking with apps like Honey or CamelCamelCamel to catch deals during larger shopping seasons.
Critique of "Feminine Energy" Dating Advice
- Many social media dating advice videos promote financial dependence as "feminine energy," which Farnoosh criticizes as outdated and disempowering.
- True empowerment means having financial options and ambition, not relying on a partner to pay bills.
