So Money with Farnoosh Torabi

Money can be a leading cause of divorce and even after you split, it can continue to be a major source of arguments, especially with children involved. Sheri Atwood knows all about this and has started a company to help divorced parents amicable settle child care payments. She is the founder and CEO of SupportPay,  the first-ever automated child support payment platform that's transforming the complex, time-consuming and stressful process that many families currently face. Believe it or not this problem impacts 300 million parents exchanging more than $900 billion in child support and child expenses worldwide. Sheri, herself, was a child of a bitter divorce who also went through her own break-up several years ago. Now a single mom, she began searching for a better way to exchange and communicate about child support payments with her ex-husband. In 2013 she created SupportPay and today the site boasts some 40,000 members. For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

On this week's episode of Ask Farnoosh I answer your biggest questions about how the upcoming presidential election will affect our finances, whether you should open up an IRA if your employer doesn't offer a retirement account and more. For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Douglas McCormick is the author of the new book Family Inc.: Using Business Principles to Maximize Your Family's Wealth. In the book, he provides a roadmap to financial security for families with the premise that your family should be run like a BUSINESS. Doug has spent two decades managing money for institutional clients like insurance companies, pension funds, entrepreneurs and high net-worth families. He's helped them grow their businesses to create sustainable long-term value. He's also currently a Managing Partner at HCI Equity, which he also co-founded. Douglas shares why he thinks every family needs a chief financial officer or CFO. And who is best to play this role? With news of UK's vote for Brexit, what does he think that'll mean for our investment portfolios? Plus, the gift he gives his kids every Christmas to help them learn about the financial world. For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Dr. Daniel Crosby is a psychologist and behavioral finance expert. He's the author of a new book that came out earlier this summer, The Laws of Wealth: Psychology and the Secret to Investing Success. In the book he gives readers real and actionable guidance for investors like 'Forecasting is for Weathermen' and 'If You're Excited, It's Probably a Bad Idea'. Daniel also co-authored a New York Times bestseller, Personal Benchmark: Integrating Behavioral Finance and Investment Management. In our conversation we discuss how, as humans, we can begin to think more rationally when it comes investing. After all, it's not like we're born knowing how. And earning versus saving ... as humans, which are we more capable of doing? You might be surprised. For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

On this week's episode of Ask Farnoosh, I answer your biggest questions about considering new career opportunities that offer less pay, top resources for people looking to leave a 9-5 job in order to start a coaching business, cutting back on 401k contributions in order to have more spending money and more. For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Are you an aspiring entrepreneur? Of course you are, that's why you listen to So Money. Today's guest Luisa Zhou is a business coach for aspiring entrepreneurs. She's helping women (but don't worry, men, you'll learn from this podcast, too) create their dream business, career and lifestyle. Luisa created her coaching business while working a 9-5. In just 4 short months she made $106K in sales while still working full-time and built her coaching business into a 7 figure business by month 11. She also created a free Facebook community, Entrepreneurial Women which has almost 12,000 members. In the interview we discuss how do we make the transition to being our own boss while working a 9-5? She speaks in depth about her process. Plus she speaks to some of the failures she made along the way. It wasn’t always perfect. She also shares her best advice for anyone who just wants to know how and where to start. You have an idea, you’re busy with work, maybe you’re even juggling parenting but you really, really want to shoot for the stars. So how do you make your dream a reality. She gives us some really great concrete steps. These are steps we can start taking today. For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Stir-fried donkey anyone? Our guest today would call that delicacy. Andrew Zimmern is here! He is a three-time James Beard Award-winning TV personality, chef, writer and teacher. He's one of the most well-known and knowledgeable personalities in the food world and the creator, executive producer and host of the Bizarre Foods franchise on the Travel Channel. Maybe you've caught it? Andrew daringly eats what few of us would EVER put in our mouths. But his success arrives from a challenging past. While he knew from a young age that he wanted to be in the food industry, his drug and alcohol addictions made him crash and burn. He spiraled out of control, losing his apartment and living on the streets for a year. After his friend intervened, he attended the Hazelden Foundation in Minnesota. He began washing dishes at a restaurant as he worked through his sobriety. One day when a line cook didn't show up for his shift, Andrew took over his station and within seven weeks was named Executive Chef. He was responsible for turning the restaurant, Un Deux Trois, into one of America's first successful gastro-bistros. In addition to Bizarre Foods Andrew has a new show debuting in August called Driven by Food, which he'll tell us all about in the interview. In our conversationAndrew also speak openly and honestly about being addicted to WORK and possibly money.  And how to create a deeper personal motivation for working hard and being smart with money. For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

On this week's episode of Ask Farnoosh, I answer your biggest questions about whether or not you should cancel your first credit card from college, pros and cons of peer-to-peer lending, rolling over your 401k account and more. For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Today's guest has some experience raising super successful children. Have you heard of Ramit Sethi or Nagina Sethi Abdullah? They're siblings and both have been on So Money as guests. I'm lucky enough to call them friends, as well. Ramit is an entrepreneur and the New York Times bestselling author of "I Will Teach You To Be Rich" and his sister Nagina is a full-time consultant and the founder of the health and fitness program Masala Body. Believe it or not they have two additional siblings who are just as successful. So today on the show - how the heck do you raise financially successful and happy kids? Mom Neelam Sethi and her husband were featured in a New York Times article, "How to Raise a Financial Wizard." And now Neelam, who is a retired elementary school teacher, is spilling the details with us - for the first time on a podcast. Neelam and her husband immigrated to the US after an arranged marriage in India. They raised her four children in California and sent them all to prestigious universities on a single income without ANYONE going into debt...How? For as strict of a parent she may have been there were some financial rules, she says, were meant to be broken. And what were the money boundaries Neelam needed to set for herself as a mom and wife? For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.

Jason Nazar is the co-founder and CEO of Comparably, a young website that's trying to make workplace compensation transparent! Want to learn how much you should be getting paid? Of course! We all want that! Jason is here to talk about how he is growing the site to become THE go-to destination for learning about salary and compensation and, simultaneously demystifying our awareness around much we can and should be making. Jason knows how to build successful businesses, as an active tech entrepreneur and investor. Before Comparably, he founded Docstoc, the largest content site to help small businesses which he later sold to Intuit. He also created Startups Uncensored, the longest running and most widely attended tech gathering in SoCal. In the interview we discuss why is it SO hard for us to talk about our salaries? Sometimes, we're more willing to talk about how much we're in DEBT than what we earn. Plus, Jason shares why he always sensed his family was POOR when in reality they were not. And the WRONG moves he made that helped him build a business RIGHT. For more information visit www.somoneypodcast.com. Hosted on Acast. See acast.com/privacy for more information.