So Money with Farnoosh Torabi

1897: Simple Year-End Money Moves with Big Pay-Offs

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Oct 27, 2025
Adriana Adams, a Certified Financial Planner and Head of Financial Planning at Domain Money, shares her expertise on making effective year-end financial moves. She highlights the importance of creating a values-based spending plan and the role of emergency funds in uncertain times. Adriana discusses the current economic climate's impact on finances and shares insights on when to seek a financial planner. She also dispels common myths about financial planning, making it more accessible to all, regardless of wealth.
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INSIGHT

Uncertainty Drives Financial Anxiety

  • Economic cycles cause anxiety mainly because of uncertainty, not the cycle itself.
  • Clients increasingly pursue alternate income streams like consulting or side hustles for resilience.
ADVICE

Begin By Talking To A CFP

  • Talk to a certified financial planner whenever you face financial decisions that affect your life.
  • Opening the conversation can't hurt and often clarifies the value a planner can add.
INSIGHT

Planning Is More Psychology Than Math

  • Much of financial planning is psychology: understanding clients' values beats raw number crunching.
  • Clarifying the 'why' makes actionable recommendations clearer and more sustainable.
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