So Money with Farnoosh Torabi

There’s a lot happening in the political world, to put it lightly. It's hard to keep up. I have a hard time just consuming the morning news. It’s especially hard to know what’s happening outside of the political realm. What are some of the other things going on in society from health, to sports, to business?Our guest today is financial journalist, Vera Gibbons, who is trying to solve that problem with her new daily newsletter, nonpoliticalnews.com. It highlight’s the day’s news and shares stats and facts that are being overlooked by the mainstream media, given the heavy political news coverage today. It prides itself on not having bias or opinions - just delivering the news.A little bit more about Vera.... she and I have known each other for over a decade. She was the former financial contributor with CBS’s The Early Show and has also worked as a correspondent for CNBC’s High Net Worth. She still appears regularly on national news networks.With Vera, we talk about how with a full-time job, she started this side gig, nonpoliticalnews.com, and how it’s really taken off. She takes us behind the scenes. Plus, her success with New York real estate starting with a little tiny studio that she bought from none other than Walter Cronkite. And what she thinks of the future of social media.For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Should I put money that was gifted to me in a money market account? What type of supplemental retirement account is best? What will happen if you request forbearance on your student loans? Answering these questions and more on this week's Ask Farnoosh episode.For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Is it the year for you to earn MORE? It's no secret I'm a huge fan of making as much money as you can and want…and leverage a side-hustle to boost income. Today's guest, Jeff Tennery, is the founder of Moonlighting. It’s the first nationwide mobile marketplace where anyone can hire or be hired in any community in the country. Jeff is a recognized expert on the gig economy and has been featured on news outlets nationwide on the topic including CNBC, The Wall Street Journal, Huffington Post and many others. Before founding the company, Jeff spent over 25 years in senior executive leadership roles at Verizon, AT&T Wireless, nTelos and Millennial Media. He’s also got a great, big family – 5 kids!For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Many of you write in to Ask Farnoosh and ask questions about how to set your children up for their financial futures or how to best teach them about money. I'm right there with you. Evan is almost 3 and I have him hand the cashier the cash when we check out at the grocery store. Maybe he's understanding that in order to go home with stuff we need to give something in exchange and that money is currency. Time will tell.Beth Kobliner is a leading personal finance authority whose first book, Get a Financial Life: Personal Finance in Your Twenties and Thirties, became a New York Times bestseller. For years and STILL it was THE money book you gave to all your friends, kids, grandkids graduating from college. Years later, Bethis out with a new book Make Your Kid a Money Genius (Even If You're Not).  In it, she shares practical advice for teaching toddlers to young adults how to be smart with money.Some more about Beth... . In 2010, she was elected by Obama to be a member of the President's Advisory Council on Financial Capability, where she created MoneyAsYouGrow.org, a resource to help kids develop some money skills.Beth has some fresh and relevant advice to share on the show about how to raise money conscious children...and why bribing your kids to do well in school or do their chores with money is a wasted effort.For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

How can you lower your interest rate on your mortgage? What's my favorite app for teaching college kids how to be responsible with their money? Should you take a career risk and join a company as their first employee? 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.

How much is your self-worth tied to your net worth? Do you even know what your net worth it? Our guest today is on a mission to help people, especially women, increase BOTH their self and net worths. My friend Amanda Steinberg, genius founder of the personal finance website DailyWorth and the investment platform WorthFM has a new book called WORTH IT: Your Life, Your Money, Your Terms. What are the some of the silly stories we tell ourselves and society tells women around money? How was Amanda's unruly upbringing a big inspiration for the book's message? And also, what happened when Amanda got seated next to Oprah Winfrey at an event last year? By the way, Amanda was on So Money Episode 40. Tune into that to learn about her financial upbringing, money failures, financial wins and so much more.For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

As the saying goes: "Dress for the job you want, not the one you have.”But, ok. What if you can’t exactly wear Prada to work each day? And the affordable options just don’t fit right or are made of lousy materials?That’s where today's guests enter. Dorie Smith and Emelyn Northway are the co-founders of Of Mercer, career wear for the modern professional woman.They met one fateful day while both attending business school at the University of Pennsylvania. They spotted each other across a crowded room because – guess what? They were wearing identical outfits.They initially launched the brand back in 2013 as an ecommerce site. The company has received praise from top media outlets including The New York Times, Forbes and Inc. Magazine. Last year they finally opened their first brick and mortar store in New York City.So how do two business students – with no experience in fashion – get the know-how and raise enough money to start a successful fashion line? And how to know when pairing up with a business partner makes sense?For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Should I move from NYC to Australia and will I be able to find a job there? Should I roll over my 401k from my old employer into my new 401k or a Roth IRA? I answer this 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.

Raise your hand if you went through a quarter life crisis? I sure did. It was more like a quarter life hyperventilation/nervous breakdown. I was in a movie theatre with my brother watching the movie BIG FISH, that Tim Burton movie with Ewan Mcgregor and Albert Finney (aka Daddy Warbucks!) TEARS streaming down my face during this film. It wasn’t because it was a particularly sad movie. I just couldn’t get my mind off of work and the stress and the lack of sleep and how my boss was a total monster and on and on and on. I was also $30,000 in debt. I could have really used today’s guest for help back then. Success coach and entrepreneur Emily Williams works with female entrepreneurs all over the world and helps them overcome the financial, emotional and all other obstacles standing in front of their way.  At one point Emily, herself, had $30K in credit card debt and $90K in student loan debt. She had a meltdown in her 20’s and we’ll talk about how she managed to turn things around. When she finally got the idea to launch her own coaching business she went from making just $442, hitting six-figures by month six and growing it to seven figures in under 18 months.  For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

I'm a big believer in never underestimating a child's ability to learn about money at an early age.  Researchers at Cambridge University discovered that kids can learn and take on good money habits by the age of 7. Meantime, a new study by Acorns, the micro-investing app, found that nearly two out of every five millennials say they feel anxious when thinking about daily expenses, especially debt. And more than half surveyed felt their formal schooling left them ill-prepared for success. Today's guest is working to give young adults a better chance at managing their money well. Ted Gonder is the co-founding CEO of Moneythink, a national technology non-profit that helps young adults - particularly first-generation college students - build financial health through mentorship programs and mobile apps.It first launched in 2009 and since then has trained over 1,500 college leaders to serve as financial mentors and role models to over 12,000 teens across 17 states. In 2015, Ted was recognized for his work by being named to Forbes' 30 Under 30 list as the youngest in the finance category. He also served as the youngest appointee on the U.S. President's Council for Financial Capability for Young Americans under Obama.For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.