The Money with Katie Show How Kids Impact Financial Independence
16 snips
Oct 4, 2023 
Financial expert and mother of two, Farnoosh Torabi, shares practical advice on raising children and achieving financial independence. Topics include the life-cycle model of consumption and saving, maintaining a high savings rate, the impact of family expenses on financial independence, investing in oneself, and overcoming fear to make informed financial decisions.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 5min
Understanding the Life Cycle Model of Consumption and Saving
05:09 • 3min
The Relationship between Income and Consumption
08:10 • 8min
Maintaining a High Savings Rate
16:06 • 8min
The Impact of Family Expenses on Financial Independence
24:17 • 23min
Investing in Oneself: Increasing Income Potential
47:03 • 9min
Overcoming Fear and Taking Action
56:29 • 4min
The Power of Fear and Its Impact on Financial Independence
01:00:15 • 2min