So Money with Farnoosh Torabi

Guest Tara Falcone, CFA, CFP®, is the Founder and CEO of Reason, a goal-based platform that helps people save and invest for specific goals in a more organized, intentional way. Tara grew up in a low income family, became mostly financially independent at age 14, and attended Yale on a full scholarship. After graduating in 2011, she began her finance career as a hedge fund analyst in New York City. It was there that her passion for investing was ignited, as was her desire to share that passion with others.**Special Download Link for So Money listeners** https://reason.onelink.me/UehB/somoney  Hosted on Acast. See acast.com/privacy for more information.

This Friday: Benefits of a financial adviser, managing savings ahead of buying a house, FAFSA fun facts and a crazy but true strategy for affording a pricey prescription not covered by insurance.More from Farnoosh:Farnoosh's New Hot Mic column https://www.cnet.com/personal-finance/what-my-iranian-parents-taught-me-about-financial-autonomy-and-creating-luck/Sign Up For the So Money Newsletter https://www.cnet.com/so-money/ Hosted on Acast. See acast.com/privacy for more information.

Do you run a successful creative business, but aren’t sure how to best manage your own finances?  You’re hitting your earnings goals but don’t have much in personal savings? Guest Sarah Becker, creator of Becker Talks Money, brings strategies and advice to the show. Hosted on Acast. See acast.com/privacy for more information.

Are you a service industry professional? Do you earn tips? Are you sick of living shift to shift and ready to take control of your money and your life? Guest Barbara Sloan is the author of Tipped: The life changing guide to financial freedom for waitresses, bartenders, strippers, and all other service industry professionals. She offers strategies for workers who want to create a more sustainable career path in the service industry and create financial independence, despite fluctuating pay and a lack of benefits. To learn more about Barbara visit https://www.tippedfinance.com/ Hosted on Acast. See acast.com/privacy for more information.

Listeners ask about proper asset allocation, the basics of annuities, the best budgeting resources and the pros and cons of home equity loans.Read Farnoosh's latest Hot Mic column on FIRE FOMOSubscribe to her newsletter: https://www.cnet.com/so-money/ Hosted on Acast. See acast.com/privacy for more information.

If you think you're bad with money, lack financial literacy or have money shame, the underpinning of your challenges may be that you have trauma with money or financial trauma. Guest Chantel Chapman is a co-founder of The Trauma of Money, a program that certifies professionals to learn how trauma impacts the mind, and, in turn, our relationships with money and financial wealth. Hosted on Acast. See acast.com/privacy for more information.

Central to his campaign promise, President Joe Biden announced a plan to cancel at least $10,000 in student loan debt for millions of borrowers, as well as $20,000 to Pell Grant recipients. The program is expected to mostly support working and middle class borrowers. About 75% of the benefit will go to households earning $88,000 or less per year, according to the Penn Wharton Budget Model analysis. But how will it impact the country's racial wealth gap? Guest Jean Lee is President and CEO of the Minority Corporate Counsel Association, an advisor on DEI to C-suites across corporate America.  As an immigrant woman of color with a background in social work and corporate law, the professional has always been personal for Lee. A fierce advocate for her individual and institutional clients, she now champions systems-level change to create greater opportunities for those who, like her, are building careers in defiance of the status quo. Learn more at https://mcca.com Hosted on Acast. See acast.com/privacy for more information.

On this week's Ask Farnoosh: reflections on protests in Iran, the strange silver lining to this looming recession, stay-at-home parenting, friends that push multi-level marketing products and how to run a cash-only budget.Want more articles and videos by Farnoosh? Check out www.cnet.com/somoney.Read Farnoosh's Hot Mic article on stay-at-home parentingSubscribe to her weekly So Money newsletter for the latest updates and a free gift! Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve is expected to raise interest rates today. How will that impact our wallets and the threat of a recession? Our guest is Magdalena "Maggie" Johndrow, Financial Advisor & Managing Partner of Johndrow Wealth Management.Get more of Farnoosh's articles and sign up for her weekly CNET So Money newsletter:https://www.cnet.com/so-money/ Hosted on Acast. See acast.com/privacy for more information.

How to know if your spouse is committing financial fraud or financial infidelity? What should every spouse, especially stay-at-home partners know about their family finances? How to prepare for a divorce so you're not left financially vulnerable? Guest Tracy Coenen, CPA, is a forensic accountant, who's investigated hundreds of frauds in a wide variety of industries, including cases of embezzlement, financial statement fraud, investment fraud, divorce, and insurance fraud. She has also served as an expert witness in numerous cases involving damage calculations, commercial contract disputes, shareholder disputes and criminal defense.Check out Tracy's Divorce Money Guide https://www.divorcemoneyguide.com Hosted on Acast. See acast.com/privacy for more information.