So Money with Farnoosh Torabi

1858: Why Six-Figure Earners Still Feel Broke (and What to Do About It)

Jul 28, 2025
Priya Malani, founder of Stash Wealth and host of The F Word, explores the financial realities faced by high earners in their 30s. She uncovers why traditional budgeting fails them and introduces the concept of a 'magic number' for smarter financial planning. The conversation dives into the emotional aspects of money management, emphasizing the need to combat lifestyle inflation and redefine investment priorities. Priya also discusses the importance of mindset shifts for building real wealth and offers strategies to stop living paycheck to paycheck.
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ADVICE

Wealth Building Through Automation

  • Automate your finances to build wealth effortlessly while busy with other responsibilities.
  • Automation reduces overwhelm and ensures consistent saving and investing without manual effort.
ADVICE

Automate Easy Investing

  • Use technology and robo-advisors to automate investing including rebalancing and tax loss harvesting.
  • You can start investing with little money and avoid paying for expensive advisors; investing is the easiest part.
INSIGHT

Money Advice Is Mostly Therapy

  • The hardest part of financial advising is the emotional intelligence needed to hold clients accountable.
  • Mediating couples who disagree about money and aligning their financial language is more challenging than managing numbers.
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