So Money with Farnoosh Torabi

A life of uncertainty is one that is worth living. Welcome to So Money everybody, I’m your host, Farnoosh Torabi, thanks for joining. It may sound scary but our guest today offers some pretty profound insights and experiences around taking risks and dancing with your fears. It’s actually integral, he says, to living a good life. Jonathan Fields is on the podcast today, he is a New York City dad, husband, award winning author, media producer and entrepreneur. His latest book is Uncertainty - Turning Fear and Doubt Into Fuel for Brilliance. Jonathan’s current focus is Good Life Project. It’s a media and education venture. Maybe you’ve heard the popular podcast. It’s also a global movement that empowers people to live more engaged and connected lives. He and I discuss how to go about living a good life, financially speaking. The importance of living a life of uncertainty and being in your career, and being in the unfortunate middle, and how to get out. To learn more about Jonathan Fields visit www.jonathanfields.com Hosted on Acast. See acast.com/privacy for more information.

What would Farnoosh do if she scored $300 million playing the lottery? Can a spender become a saver? And what's the deal with credit cards? If we're not fans of debt, then what role do credit cards play? Co-host Meera Joshi is a fan of the show and has "an obsession for forecasting cash flows." By trade, she is a CPA and works in Private Equity Real Estate. Hosted on Acast. See acast.com/privacy for more information.

Have you ever read someone’s diary? Come on, you know you have...or wanted to at least. Today, we’re talking about Money Diaries: Everything you’ve ever wanted to know about your finances and everyone else’s.  It’s a new book out by author Lindsey Stanberry, who is the Work and Money Director at Refinery29, one of my favorite websites for all things; female empowerment, career, money, lifestyle, trends. Money Diaries started as a series on Refinery29, where Lindsey would share entries from millennial women all across the country, how they were spending every single dollar, every single cent. The book was inspired from that and it provides up close and juicy insights into how millennial women are handling their financial lives, or not handling their financial lives. We also will talk about Lindsey’s own financial journey to saving over a $100,000 to purchase her first home, how she is striking a balance between motherhood and her career. You can learn more about the Money Diaries book by visiting MoneyDiariesBook.com and follow Lindsey Stanberry on Twitter @LeStanberry. Hosted on Acast. See acast.com/privacy for more information.

From broke to millions, our guest today is a financial warrior. Today, Kim Perell is the CEO of a digital marketing firm called Amobee, which has raked in hundreds of millions of dollars. But Kim’s journey had difficult beginnings. She landed what seemed to be a dream job in her 20’s working for a tech firm called XDrive, as the director of marketing. But then the dot-com bubble burst and she was left with the task of laying off several close friends and eventually, after the company went bankrupt, she was left unemployed.But no sooner than three months later, with $10,000 borrowed from her grandmother and credit card bills mounting, Kim rebooted her career and started a new business. It was the first of a few businesses which have gone on to produce hundreds of millions of of dollars.Her successes have led her to authoring a new book, The Execution Factor: The One Skill that Drives Success.  To learn more about Kim, visit www.KimPerell.com and follow her in Instagram @KimPerell. Hosted on Acast. See acast.com/privacy for more information.

Farnoosh and co-host Lisa Loperfido answer your money questions. Jaden asks how he can retire early by investing.  A real estate agent asks how she can leverage social media. And Liz wants to know if she and her live-in boyfriend should create a written agreement. Farnoosh references her Money article on the topic: http://time.com/money/3674425/unmarried-couples-finances/ Hosted on Acast. See acast.com/privacy for more information.

What's your greatest financial concern? For many people the number one source of money stress stems from uncertainties around retirement. Specifically, we're worried we won't have enough saved or that we can't afford to retire.Welcome to So Money. This is a special bonus episode, part of a four-part series we’re doing with Charles Schwab, where we’re doing deep dive conversations about really important financial topics.If you've been following along this series you know that we kicked things off with Liz Ann Sonders, chief financial strategist at Charles Schwab, as she gave her perspectives on the stock market. Then we transitioned over to financial literacy and how to educate our young ones about money in a conversation with Carrie Schwab-Pomerantz, President of the Charles Schwab Foundation.Today we turn the focus to retirement and retiring well. For this, we welcome Catherine Golladay, a senior vice president of participant services and administration at Charles Schwab. Catherine has her ears to the ground and understands the issues and complexities surrounding our retirement concerns .Catherine and I discuss the current retirement landscape. What does retirement look like today? How we can all catch up and prepare and what are the specific challenges facing Millennials?For more, visit Schwab Savings FundamentalsDisclosure:Farnoosh has been compensated by Charles Schwab. Farnoosh is not affiliated with Schwab and the views she expresses may not necessarily reflect those of The Charles Schwab Corporation or its affiliates. Farnoosh is a client of Schwab. Hosted on Acast. See acast.com/privacy for more information.

Forget lean in. How about be gutsy? Our guest today is former Cosmopolitan Editor-in-Chief and media giant Kate White. She is a New York Times bestselling author of multiple books, both fiction and non-fiction. Her latest career guide is called The Gutsy Girl Handbook: Your Manifesto for Success.There are many career guides for women these days. I’ve read all of them. The Gutsy Girl Handbook by Kate White cuts right the matter of why some women succeed and others fall behind in their careers. It draws on research, and offers never-before told stories from Kate’s tenure as the editor-in-chief of Cosmo. In our conversation we learn why when we worry we give up our power. How to combat gender bias in the workplace and Kate’s own gutsiness that scored her the head role at one of the country’s leading magazines.In our current world of mansplaining and the #MeToo movement, it seems like the perfect time for Kate to remind us again of why it’s so important to have confidence and ambition in our careers. Careers give us so much, including money. And if there’s one thing I’m reminded of more and more these days, it’s that if I want to have options, power and freedom in my life...money, financial freedom it’s incredibly important.  To learn more about Kate White, visit her website www.KateWhite.com and follow her on twitter @KateMWhite.  Hosted on Acast. See acast.com/privacy for more information.

Our guest today hopes to retire early. Jamila Souffrant and her husband have saved $169,000. They live in New York City. They have 3 children and own two properties. How does she do it?Today, we’re in conversation with Jamila Souffrant, the creator of the Journey to Launch website and podcast.  Even though Jamila lives in Brooklyn, one of the most expensive cities in the world, she has big plans to retire early at age 40. In some ways, her financial independence journey began at age 22 when she bought her first condo in Brooklyn, which turned into a great investment property. But also as the daughter of a single, immigrant mother, Jamila’s ambitions were shaped at a young age.She is now working hard on her personal brand and mission, Journey to Launch, where’s she documenting her journey towards early retirement. Learn more about Jamila by visiting her website JourneytoLaunch.com. You can also listen to her podcast and follow her on instagram @journeytolaunch.  Hosted on Acast. See acast.com/privacy for more information.

Are prospective employers allowed to ask you how much you make? Do you have to tell them? How to avoid the topic without compromising the job offer? In today's Ask Farnoosh, special co-host Heather Horton joins. She is an avid listener and professional actor and comedian in Los Angeles at www.heatherho.com.Farnoosh and Heather also tackle questions like: Do you think it’s worth opening a Roth if I will soon be making too much to contribute to it? Is it too late to start a 529 plan for high school age kids? Any advice on how to negotiate salary during a promotion? For more check out www.somoneypodcast.com Hosted on Acast. See acast.com/privacy for more information.

What do Gloria Steinem, Kim Kardashian, Jessica Alba, and Chrissy Teigen all have in common? Today, I’m interviewing Jaclyn Johnson, who turned a job layoff into an incredible career as an entrepreneur. Her business, Create and Cultivate, hosts the premier conference for female entrepreneurs. Women love her conferences because she brings in female powerhouses as her keynote speakers including some of the women just mentioned. She creates an atmosphere of camaraderie that just can’t be beat. Today, I’ll be talking to her about how she started her business, what it’s like to meet so many incredible celebrities, and her new project, an upcoming book and podcast called WorkParty. To learn more about Jaclyn’s upcoming book and projects, visit www.workparty.com. You can also follow Jaclyn on Twitter and Instagram @jaclynrjohnson. Hosted on Acast. See acast.com/privacy for more information.