So Money with Farnoosh Torabi

Are you making the right financial moves not just for yourself, but for your family, and your legacy, and the future? This is a passion topic for my guest today, Natalie Elisha Gold. She’s an attorney and wealth coach who helps women protect their legacies and future. She wants us all to talk about money, learn about money and get our financial and legal docs in a row right now. Time is of the essence.  She gives women the nudge they need to plan for things that aren’t pleasant to think about but are so important to do — like creating a will and guardianship documents.  Natalie is a mother. She is an attorney. She is a wealth coach. She is the author of Money Momma: The Women’s Wealth Bible for the Digital Age. We discuss the importance of striking out on your own, but also the conservative steps that you need to take to be able to protect your ability to take on risks, to have a legacy, to provide for your family in the event of the unexpected. Learn more about Natalie on her website https://www.nataliegold.global and connect with her on Instagram @natalie_elisha_gold. Hosted on Acast. See acast.com/privacy for more information.

Daniela Pierre-Bravo has a lengthy roster of accomplishments: She is a booking producer for MSNBC’s Morning Joe and recently co-authored a book with Mika Brzezinski, providing straight-talking advice for millennial women in the workforce, entitled Earn It! But none of these opportunities were handed to her. Moving to the U.S. from Chile when she was a teenager, she found out she was an undocumented resident when applying for college...and, as a result, was unable to work, drive, or receive financial assistance for school. Luckily, she became a Dream Act student, and from there, took the opportunity to side-hustle her way through school to graduate on-time and debt-free. That drive continued as she entered the workforce.Follow Daniela on twitter @dpierrebravo and on the Know Your Value website: https://www.nbcnews.com/knowyourvalue Hosted on Acast. See acast.com/privacy for more information.

This week, Farnoosh answers your money questions related to long-term care, whole life insurance and real estate. Is a cash-out refinance a smart way to leverage your home's equity to buy an investment property? Also, Farnoosh selects a recent reviewer on iTunes to receive a free 15-minute money session with her. Hosted on Acast. See acast.com/privacy for more information.

Bethanie Baynes is the Director of Strategic Partnerships at Google and has been with the company for 15 years. She’s worked to overcome gender bias in tech and is a strong female advocate. She’s also a breadwinning woman and has, what she calls, a Flip Family. When her husband was laid off, it felt natural for him to become a stay-at-home dad. They soon realized that many of their friends and family saw it differently. In her efforts to create a community for fellow female breadwinners, Bethanie founded the Breadwinning Women at Google.You can find Bethanie on her site Bethaniebaynes.com. Hosted on Acast. See acast.com/privacy for more information.

If you’ve ever felt like budgeting just doesn’t work for you, my guest Kumiko Love can relate. Frustrated by traditional budgeting methods, she created her own technique to pay off almost $80,000 of debt in eight months. And this technique helped launch her business, The Budget Mom. A few years ago Kumiko was struggling to pay down her debt. As a single mom, she knew that she needed to get out of the cycle of making minimum debt payments each month, but she had tried and failed to stick to a budget numerous times. So, she created a method that she could actually stick to. She calls this her Budget by Paycheck method and as she was using it to get out of debt, she started a blog to share her journey. That blog has now turned into a business that just launched its first physical product, the Budget by Paycheck Workbook™.  You can learn more about Kumiko on her website https://www.thebudgetmom.com/ and you can follow her on Instagram @thebudgetmom on Facebook @thebudgetmom Hosted on Acast. See acast.com/privacy for more information.

Farnoosh answers your top money questions related to refinancing, as well as managing a past due personal loan with a relative and the impact the FIRE movement and more people retiring early may have on society. Farnoosh also selects a winner for a 15-minute money session. Hosted on Acast. See acast.com/privacy for more information.

What does it take to go from growing up in poverty to running a multi-million dollar business and having a TV show on The Oprah Winfrey Network? Our guest today knows all about this. Mahisha Dellinger had a very tough financial upbringing but she was determined to succeed. After college, she graduated and began working in marketing at Intel. While it seemed like a great job, the dream job, stable company with a lot of perks, a big part of her always wanted to strike out on her own. She got the idea to begin an eco-friendly line of hair products for naturally curly hair, and we'll talk about how she transitioned from corporate America to taking the leap to ultimately start CURLS. It was an idea that has in five years scaled BIG. CURLS has now teamed up with Target to bring her products into their stores. Mahisha is also the author of the book Against All Odds: From The Projects to the Penthouse. Her business has even caught the eye of Oprah, and Mahisha has had the opportunity to have her own show on The Oprah Winfrey Network. Mahisha talks about not really being able to secure a small business loan, despite having good credit, despite having good sales, and why that served her well in the end. Learn more about her business at curls.biz and follow her on Instagram @mahisha_dellinger and twitter @mahishadelling1 Hosted on Acast. See acast.com/privacy for more information.

What is the equation for financial independence? Today we have the co-hosts of the very popular ChooseFI Podcast, Jonathan Mendonsa and Brad Barrett. Both of these friends come to the personal finance space with their own unique experiences. Brad and his partner saved a million dollars in just 11 years. Jonathan was able to pay down a $168,000 in student loans. In 2017, Jonathan and Brad saw the need to bring even more community to the FIRE Movement, Financial Independence Retire Early Movement. After meeting up a few times together, they decided to create that community with their podcast called ChooseFI. Today, ChooseFI is helping to spread the FIRE Movement. Their crowdsourced podcast is over 2,600 reviews and their Facebook group has over 48,000 members. Their message is spreading and their podcast is a big force in this movement. We talk about their histories with money, how they educate their audiences around financial independence and is there an equation for financial independence? There actually is one. I was curious to find out.  Hosted on Acast. See acast.com/privacy for more information.

**This podcast originally aired on August 10, 2018**This week's #AskFarnoosh addresses a listener's concerns about identity theft, as well as investing in index funds, renting versus owning and a mother who refuses to learn about the household finances because "it isn't her job." Oof!Special co-host Addy Adewusi, a listener, joins Farnoosh with some great perspective and advice.For more, check out www.somoneypodcast.com Hosted on Acast. See acast.com/privacy for more information.

**This episode originally aired on June 4, 2018**Our guest today needs no introduction. She had 22 jobs by the age of 23. She built a $5 billion business with a $1,000 loan. She's a shark on ABC's Shark Tank and host of her new podcast called Business Unusual. We are in conversation with the one and only Barbara Corcoran.I have had the privilege of interviewing Barbara many times over the years and every time, I get goosebumps. Every time I get a little nervous. I get butterflies in my stomach. That's why I think I love her. She's the real deal.On our show today, she talks about childhood; goes down memory lane and talks about the impact that her mom had on her relationship with money today as an adult woman. She talks about why she felt lost the moment when she sold Corcoran Real Estate, her real estate empire for 66 million dollars.If you listen to any show this week, make this the episode you definitely reserve.Follow Barbara on Instagram and Twitter. Hosted on Acast. See acast.com/privacy for more information.