Fear Of Failure, Financial Pressure, & Growing Up First Generation
Oct 30, 2023
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Money expert and journalist Farnoosh Torabi discusses her new book about fear and pressure on women. They explore growing up as first-generation immigrants, choosing formula over breastfeeding, affordable wardrobe items, and revisiting childhood dreams. They also talk about transitioning from finance to financial journalism and the value of learning from regrets.
Using fear as a guide and asking the right questions can help make informed decisions and take actions aligned with one's true desires and goals.
Understanding and empathizing with the fears and sacrifices of immigrant parents is important in building compassionate relationships.
Finding joy, having fun, and pursuing creative endeavors are crucial for finding balance and fulfillment in career and life.
Deep dives
Dealing with fear and using it to propel oneself forward
The podcast episode explores the concept of fear and discusses how to use it as a tool for personal growth and success. The guest shares her own experiences growing up with fear and how it shaped her mindset. She explains that when fear arises, especially in important life moments, it can be an opportunity to ask oneself questions and gain a deeper understanding of the underlying fears. By using fear as a guide and asking the right questions, individuals can make informed decisions and take actions aligned with their true desires and goals.
The impact of childhood and immigrant upbringing on fears and choices
The guest discusses her childhood as the daughter of Iranian immigrants and the role of fear in her upbringing. She shares how her parents intentionally raised her to be afraid in order to keep her safe. While she does not recommend this parenting approach, she acknowledges that it shaped her ability to understand and work with fear. She also reflects on her parents' sacrifices and limited opportunities, which influenced her own choices and drive to succeed. The importance of compassion and understanding towards immigrant parents is highlighted, recognizing that they did the best they could with the resources available to them.
Balancing ambition and contentment
The guest discusses her ambitions and desire to explore new ventures and creative pursuits beyond personal finance. As a journalist by trade, she explains the pressure to be serious and stick to one's field of expertise. However, she emphasizes the importance of finding joy and having fun in career and life decisions. She shares her experiences in stand-up comedy, theater, and public speaking, expressing a desire to leverage her enthusiasm and pursue creative endeavors. She highlights the need to find balance between striving for excellence and accepting the unpredictable nature of life.
Navigating choices and regrets
The guest reflects on her life choices and acknowledges the impact of fear and external influences on her decision-making. She shares her experiences of pivoting from finance to journalism and pursuing a career aligned with her passions. While she does not have regrets, she acknowledges the importance of self-reflection and learning from past experiences. She also discusses the concept of regrets, noting that they can be valuable teaching moments and that it's healthy to have moments of reflection on choices made.
Parenting and discussions about wealth
The guest shares insights into discussing wealth and socioeconomic disparities with children. She explains the importance of proactive conversations about money, values, and gratitude. She recounts a personal experience of her child asking if they are rich and shares her response, promoting the recognition that wealth is not solely monetary but also tied to personal choices, values, and contentment. She emphasizes the need to create open dialogue about money and to instill values of service and empathy in children.
Reflecting on childhood and embracing personal growth
The guest reflects on her childhood and the importance of embracing one's own aspirations and personal growth. She shares the significance of looking back at one's childhood self and honoring their hopes and dreams. She emphasizes the value of self-reflection, observing others, and being curious to understand oneself better. She encourages individuals to pursue their passions, make proactive choices, and find contentment while navigating life's uncertainties.
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Chelsea speaks with money expert and journalist Farnoosh Torabi about her new book, A Healthy State Of Panic, and the pressure we put on ourselves as women, especially for those growing up first gen.
Grab Farnoosh's book here: https://bookshop.org/a/82703/9781982199197
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