So Money with Farnoosh Torabi

Those of you who are interested in the stock market and enjoyed listening to the recent episode with Frank Cruzio (episode 78) are in for another treat… Today’s guest is a rader who made millions by age 22 by investing his $12,415 in Bar Mitzvah gift money in penny stocks… He also started a hedge fund during his senior year in college that went on to become the #1 ranked short bias fund by Barclay for 3 years. His name is Tim Sykes. After his hedge fund went bust in 2007 (that’s right, don’t try to do this at home, folks!), Tim appeared on major TV networks and shows, including a popular reality TV show “Wall Street Warriors” which aired in 20+ countries and inspired hundreds of daily emails from fans wanting to know more about him and his trading strategy… He ended up writing about it openly in his self-published best-selling autobiography “An American Hedge Fund” and later started a publishing and financial education company. He now has 3,000+ students in over 70 countries that he teaches how to trade and grow thousands into millions. He also runs a social network for traders called Profit.ly, which has about 50,000 members, some of whom pay Tim to receive daily e-mail tips, weekly newsletters, and access to thousands of videos such as the trading webinar he’s just begun. Tim has also recently started a program with former NFL star Plaxico Burress to help educate athletes on how to be financially smart with their money, especially once their professional sports career has run its course. Some takeaways from our interview: ·      How he made millions by age 22…and what did he do with that money? ·      If you’re just starting out and new to the active investing world, what should you do first? Hosted on Acast. See acast.com/privacy for more information.

Today’s guest is the best-selling author of the recent book The Great Beanie Baby Bubble and two other highly acclaimed bestsellers which he wrote before his 24th birthday: Debt-Free U and How to Be Richer, Smarter, and Better-Looking Than Your Parents. He has contributed to the Wall Street Journal, the Boston Globe Magazine, the Daily Beast, and Bloomberg, among others.  He was also the editor of the Warman's Guide to Antiques & Collectibles and a contributing editor with Antique Trader. His name is Zac Bissonnette.   Three takeaways from our interview: ·      Key personal financial lessons from the Great Beanie Baby craze ·      His biggest financial regret. ·      Why he likes to donate to libraries. Hosted on Acast. See acast.com/privacy for more information.

In today's Ask Farnoosh episode questions about whether you should give up on paid vacations to have more money, podcasting awards, burning out and the condo woes. Hosted on Acast. See acast.com/privacy for more information.

In today's Ask Farnoosh episode questions about freelance writing, podcasting equipment and creating a business credit with a new business. Hosted on Acast. See acast.com/privacy for more information.

My guest today is the diversely talented Jenni Pulos. Like a lot of us she has a maxed out to-do list. She is best known as Executive Assistant to Jeff Lewis on Bravo’s Emmy nominated hit show Flipping Out and it's spinoff show Interior Therapy. Flipping Out is currently filming it's eighth season with Jenni adding Co-Executive Producer to her very long to-do list which includes working as an actress, comedian, writer and rapper. Yes! She in fact won Showtime At The Apollo and was inspired to produce a rap album that just came out called Old School Kids Beats. She’s also the author of the book Grin and Bear It: How to be Happy No Matter What Reality Throws Your Way.I respect and love Jenni. A lot. Watching her on TV I feel as though we’d connect and you can probably tell that I had a huge giant smile on my face during this interview. She’s extremely down to earth, funny and real. She’s a business woman, wife, mom and all around cool chick. And for all those reason and more, I’m super excited to have her on the podcast.Several takeaways from our interview:-- Jenni’s biggest financial mistake right out of college… involving passing up an offer for a downpayment on a house!-- What it takes to succeed in the entertainment industry.-- How to spend and invest without fear… emotions she had to overcome. Hosted on Acast. See acast.com/privacy for more information.

If your budgeting is not where you want it to be… and you are wondering what else you can do, today’s guest might be able to help. He is the founder and CEO of YouNeedABudget.com or YNAB, Jesse Mecham. Fueled by the desire to survive as a 20-something newlywed and a full-time student, Jesse developed a budgeting system to help him track expenses. What was a simple expense recorder evolved into something quite useful, which allowed him and his family not only to survive but also save a substantial portion for a rainy day.Fast-forward to 2015, YNAB is a full-blown software enterprise, driven by a small, passionate team, helping tens of thousands of people all over the world pay down their debt, save more money, and break the paycheck to paycheck cycle. When Jesse is not fine-tuning software, doing his own budgeting or helping others get a hold of their finances, he is gardening, playing the piano and honing his golf swing… as well as hanging out with 5 amazing children. Hosted on Acast. See acast.com/privacy for more information.

Today's guest is the "Money Girl" Laura Adams. Laura is a personal finance expert and award-winning author of multiple books, including Money Girl’s Smart Moves to Grow Rich. She’s been the host of the popular Money Girl Podcast, a top weekly show in iTunes, since 2008.Laura is a go-to expert in the media. She’s been featured on NBC, CBS, ABC, NPR, USA Today, The Wall Street Journal, The New York Times, and so much more.Her mission is help over 100 million students and consumers live richer lives through her podcasting, speaking, spokesperson, teaching, and advocacy work. Hosted on Acast. See acast.com/privacy for more information.

In researching my latest book When She Makes More, I reached out to some of the most renowned experts in the field of money and relationships. I came across Dr. Corey Allen who is our guest today. Corey is a husband, father, author, speaker, as well as a Marriage and Family Therapist and a Licensed Professional Counselor with a Ph.D. in Family Therapy.He has a private practice in McKinney, TX and is the founder of simplemarriage.net, an online resource aimed at helping marriages not just survive, but thrive. Hosted on Acast. See acast.com/privacy for more information.

I have a guilty pleasure. And that guilty pleasure is an entire channel… known as Bravo.  From the Real Housewives of Beverly Hilss to Watch What Happens Live with Andy Cohen. And today, we have one of my favorite Bravolebrities: Millionaire Matchmaker Patti Stanger. She is the star and executive producer of the network’s hit series “The Millionaire Matchmaker” currently in its eighth season. If you’ve never watched the show Patti connects high net worth clients with women seeking love. The idea being that busy successful men don’t have time or the wherewithal to really make a meaningful connection on their own… And she flips it sometimes, too. I’ve watched her match millionaire women with men... and she’s also connecting same sex couples too, which is wonderful.What I admire most about Patti is her business savvy. She’s an experienced third-generation matchmaker. She founded her company, the Millionaire’s Club, in January 2000 and 15 years later it boasts more than 100,000 members available for its clients. Prior to launching this business Patti served as the Director of Marketing for Great Expectations, one of the oldest dating services in the United States. Early in her career, she spent 10 years in the fashion industry.Patti is also an accomplished author, columnist, radio show host and recently getting into the wine and spirits industry. Hosted on Acast. See acast.com/privacy for more information.

In today's Ask Farnoosh episode... questions about buying a home close to retirement and co-mingling bank accounts in your relationship. Hosted on Acast. See acast.com/privacy for more information.