So Money with Farnoosh Torabi

Do you remember watching The Apprentice when it first aired? I'm not talking Celebrity Apprentice, but you know, the very first Apprentice that kicked off. I think it was 10, 11 years ago. It was an epic debut. Do you remember that first season? It was the one with Omarosa. Yeah! It was the number one new show of 2004, according to Wikipedia, and I'm excited to say that we have the winner of that first season joining us on So Money today. Bill Rancic, a former cigar business owner turned Donald Trump apprentice, turned mega entrepreneur, is here to share some of his personal financial insights and ideas with us. And Bill is busier than ever. He is one of the most sought-after motivational speakers on the subject of entrepreneurship and business. He shares his entertaining lessons that vary from a pancake business he started with his grandmother at age 10, all the way to his multi-million dollar real estate enterprise in Chicago. He's also a restaurateur. He is also highly engaged in charitable activities, and Bill is about to complete his second trip to Haiti building homes for victims of the earthquake. Hosted on Acast. See acast.com/privacy for more information.

In this episode of Ask Farnoosh I answer questions about whether or not you should borrow from your 401K, How much is too much  for an apartment right out of college and when to negotiate your salary with your employer. Hosted on Acast. See acast.com/privacy for more information.

In this episode of Ask Farnoosh I answer questions about identifying your target market, overcoming anxiety whilst investing in yourself and where to shop for life insurance. Hosted on Acast. See acast.com/privacy for more information.

I’m excited to welcome today’s guest. She’s relatable, down-to-earth and practical. For years, she felt frustrated and stuck in her day job, working endless hours to just pay all her bills…with little left over. And when she did do something fun, she felt extremely guilty. Sound familiar?! Well, you can turn it around… just like she did. Her name is Jen Hemphill. Today Jen is a money coach, personal finance mentor and online entrepreneur.  She's passionate about helping women simplify their finances, improve their relationship with money and master financial skills so they can focus on the things they truly enjoy… whatever that might be. She teaches, speaks and writes about leading a fulfilling life without letting money get in the way on her website jenhemphill.com. When she's not talking about money, she enjoys photography, coffee, chocolate, and spending time with her husband and two sons. Three takeaways from our interview: ·      How to know when you are ready to work with a money coach ·      Why so many of us feel guilt when we spend and how to turn it around ·      Managing money in a military family Hosted on Acast. See acast.com/privacy for more information.

Our guest today explains it all as his profession, Dr. Brad Klontz is an award-winning Financial Psychologist and a Certified Financial Planner. He works as an associate professor of Personal Financial Planning at Kansas State University, and a partner of Occidental Asset Management, LLC. It's a fee-only investment advisory firm in Northern California. And I have known Brad for several years as I've been working in this field of money, and personal finance, and psychology of money, and when I was writing "When She Makes More", I called Brad and I said, "I'd love to interview you extensively for this book, because I think you're just a wealth of knowledge". And he said, "Hey, why don't we do a survey together?" And the survey was born, you know, months later and it was just an honor to work with him because this is his expertise. You know, really finding out what motivates people when it comes to their money? Why we do the things that we do? And it's all psychological. I mean, it's never about the money right? And so he has a lot of interesting insights and stories. And his story, his own story, is very, very interesting as well. We're gonna get to all of this during the show. Just a little bit more about Brad. He is also the co-founder of Your Mental Wealth and the Financial Psychology Institute. He's co-authored five books on the psychology of money, and he received the Innovative Practice Presidential Award from the American Psychological Association. His work has also been featured in the Wall Street Journal, New York Times, Washington Post, among many other places. Several takeaways from our time with Brad: One, why we dislike rich people. You're gonna wanna hear that. Advice for couples that fail to see eye-to-eye over money, selling everything to invest in text stocks - something he did early on in his life, and of course he regrets it now. And the one investment, that he says, saved his marriage.. Hosted on Acast. See acast.com/privacy for more information.

Today's guest is the founder and CEO of LendingMemo Media. His name is Simon Cunningham, and he runs the Seattle-based company that promotes peer to peer lending education.  If you're not familiar with P2P lending, it is exactly what it sounds like. It's the practice of lending money to unrelated individuals, or peers, without going through a traditional financial institution or a bank. In other words, people are able to sidestep the banks to lend and borrow directly to one another. And P2P lending typically offers more attractive terms if you are a borrower than a traditional unsecured loan or credit card. And can be a godsend if you've got multiple high-interest debts and need to consolidate. Peer to peer lending is a full-fledged fast growing business and part of a whopping $3 trillion consumer debt market. And Simon is really at the crossroads of all of this, offering consumers a website to really engage, understand, to learn more about this so that they can make educated choices if they choose to enter this market. A few takeaways from our interview with Simon: How he made a 10% annual rate of return on his P2P investments, key benefits and risks to this sort of investment for both borrowers and lenders, and the downsides to the frugality movement according to Simon. Hosted on Acast. See acast.com/privacy for more information.

I'm excited for today's guest. She's a nationally recognized credit card expert, consumer advocate, and former Certified Public Accountant. She's also the author of the new book, "The Dead Escape Plan" and three other highly acclaimed books. She has extensive media experience and is frequently invited to speak at major events and conferences. Her name is Beverly Harzog. Hosted on Acast. See acast.com/privacy for more information.

Today's guest is Catherine Alford, or Cat for short. She's the founder of budgetblonde.com and a personal finance writer who's been featured in some of the top media outlets including the Huffington Post, US News World and Report and many others. She's got a formal background in American history. And she worked for years as a historian before she began to focus more on her love of blogging, public speaking, and building online businesses. She now coaches other bloggers on how to market themselves online and build legitimate income streams. Hosted on Acast. See acast.com/privacy for more information.

In today's episode of Ask Farnoosh I answer questions about when it's the right time to move out, saving money in long-distance relationships and how to save more. Hosted on Acast. See acast.com/privacy for more information.

In today's episode of Ask Farnoosh I answer questions about student loans, aggressive investing and mother-in-laws caught in financial difficulties. Hosted on Acast. See acast.com/privacy for more information.