So Money with Farnoosh Torabi

What hard skills should young professionals learn in order to have job security? How much should you actually pay for rent? Where should I put $1,000 in cash that will earn the most back but I can still access it in case of an emergency? Answering these questions and more on Ask Farnoosh.For more visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Who doesn't want to be able to work LESS and accomplish MORE? Our guest today is Chris Winfield, a productivity expert on a mission to help everyone get their work done in less than half the time. You're not going believe him. He says he can teach us all to get 40 hours of work done in just 16.7. And for those of you who are NOT morning people (like me), Chris is certain you can wake up excited and motivated at 5am.Chris helps successful entrepreneurs and executives decrease the time the spend working but by increasing their productivity. He has experience working with big name brands including Disney, Macy's Viacom among many others. His work has been featured in national publications like the WSJ, NYT and CNN. Chris also hosts his own podcast, The Deconstructing Success podcast. I encourage you to go take a listen.For more information visit www.somoneypodcast.com.  Hosted on Acast. See acast.com/privacy for more information.

Imagine selling two multi-million dollar companies, becoming an angel investor and then losing it ALL. That's exactly what happened to serial entrepreneur and our So Money guest today, Mike Michalowicz. Determined to figure out how to grow a healthy and strong company he started all over again which led to the "Profit First Formula," a way for businesses to ensure profitability. Now, Mike is running his third multi-million dollar venture. He's a former small business columnist for The Wall Street Journal and author of the new book, Profit First: Transform Your Business from a Cash Eating Monster to a Money-Making Machine.In our conversation we discuss the WRONG way many businesses crunch their numbers. And Mike's simple yet profound switch that can help you generate money. Hitting financial rock bottom, having to confess it to his family..and the unforgettable move his then 9-year-old daughter made that inspired Mike to turn his finances and life around.For more information visit www.somoneypodcast.com.  Hosted on Acast. See acast.com/privacy for more information.

How do I switch departments at work without making it awkward with my boss? I'll be taking on student loans later this year as I go back to school for my Masters degree what can I do in the meantime to prepare? Do you think a Roth 401K is better than a traditional 401k?For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

What happens when you have no savings and you suddenly incur a huge expense like a medical bill or car repair. What happens if you have a job in retail and your weekly paycheck fluctuates while your monthly bills remain steady. The topic today is financial fragility and to explore I’ve invited Rachel Schneider, the co-author of the new book, The Financial Diaries: How American Families Cope in a World of Uncertainty. In her book she and her co-author take a deep dive into how 235 low and middle-income families in the U.S. spend, earn and save over the course of a year. How do they deal with inconsistent paychecks, emergency costs and other financial ups and downs?Some more about Rachel: She's the Senior Vice President at Center for Financial Services Innovation or CFSI. She's an expert on financial health and how an innovative financial services marketplace can improve the live for Americans. She is also the co-Principal Investigator on the U.S. Financial Diaries research study that is the basis of her new book. Rachel’s began her career as an investment banker at Merrill Lynch.For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

How much trash do you think you toss each day? How many plastic items do you own? Check your fridge and cupboards. My guess is we amass more waste than we really realize. Today's guest is here to inspire us to make small changes to live a "Zero Waste" lifestyle. Her name is Lauren Singer and she apparently only produced enough waste in the last 4 years to fit a 16 oz. mason jar. Unbelievable! Her lifestyle has caught the attention of The New York Times, Vogue and many other outlets. Lauren is the creator of the blog Trash is for Tossers and founder of the organic cleaning product company, The Simply Co.She graduated from NYU with a degree in Environmental Studies and prior to starting her own company, she was the Sustainability Manager at the NYC Department of Environmental Protection.In our conversation we discuss...how and why she decided to change her habits and live a Zero Waste lifestyle. What does that look like? She takes us through a typical day. How much has she saved, as a result of her new habits and what are some very simple ways you and I can reduce waste in our lives.For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Why are people discouraging me from paying off my mortgage if it will be financially liberating for me? I just got laid off... do I take unemployment or work part-time? Should I open a 0% APR interest rate credit card and transfer my student loan balance to that to avoid interest? Answering these questions and more on Ask Farnoosh this week.For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Josh Spodek has quite the resume. He holds FIVE Ivy League degrees including a PhD in Astrophysics, he's led seminars in leadership, entrepreneurship and sales at Harvard, Princeton and MIT, he's studied under a Nobel Prize winner and helped build an X-Ray observational satellite for NASA and holds six patents.He also serves as an adjunct professor at NYU, as well as a leadership coach and workshop leader at the Columbia Business School. He's also a columnist for Inc. He's the founder of Spodek Academy and out with a new book called Leadership Step by Step: Become the Person Others Follow.The topic of the day is leadership and how some of us are natural born leaders. We also discuss the difference between managing and leading and that time Josh was asked to step down as the leader of a company he founded. A wake-up call for Josh and an inspiring lesson that led to his work today.For more information visit www.somoneypodcast.com.  Hosted on Acast. See acast.com/privacy for more information.

From subsisting on Taco Bell and living in a garage at 40...to becoming a #1 New York Times bestselling author and coach earning more than she ever imagined, our guest is going to share how we can all master the mindset of making wealth.  Jen Sincero is the author of the New York Times best-seller "You Are a Badass: How to Stop Doubting Your Greatness and Start Living an Awesome Life" and has now released a follow-up called "You Are a Badass at Making Money: Master the Mindset of Wealth." In her latest book, she combines personal essays and advice to give readers the roadmap to a wealthier life. Jen is also a success coach and motivational speaker. She has spent more than a decade traveling the world to help people transform their lives and their bank accounts. Learn why she was always a little afraid of making more money. It had something to do with her relationship with her father. And, how to get over a victim mentality when it comes to you and your wealth.For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Once I pay off my credit card debt can I lower the spending limits... how will this affect my credit? My income is variable... what happens if I open a Roth IRA this year and earn more than the income limitation? I opened a traditional IRA but is a Roth better? Answering these questions and more on this week's Ask Farnoosh.For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.