So Money with Farnoosh Torabi

SaksWorks presents a live taping of Farnoosh's podcast and celebrates the release of her "So Money Page-A-Day Calendar 2022" in a lively (and servicey!) conversation about creating a secure financial future, one day at a time. Hear Farnoosh and host Rachel Sklar, head of programming at SaksWorks, exchange personal money stories. Learn Farnoosh's take on how to create lasting financial habits, how to delay gratification, learning about money as the daughter of immigrants and how we demonize the "rich."SaksWorks is a new membership club for life and work. The spaces offer beautiful, spacious work environments with a full suite of business amenities, plus wellness and fitness studios, dynamic speakers, and access to a range of services to elevate the every day. Learn more at saksworks.com. Hosted on Acast. See acast.com/privacy for more information.

This week's audience questions center around real estate and retirement. One listener wants to know how to prepare for the mortgage process when self-employed. What documents will she need? Another audience member wants to know whether climate risks will make home buying unattractive. And last: should you still be invested in the stock market in retirement? Hosted on Acast. See acast.com/privacy for more information.

Creative professionals - from coaches to designers to many self-employed individuals - sometimes have a harder time managing money. Questions about how much to charge for their goods and services and how to establish a business for long-term financial success is not always readily available. Our guest Ilise Benun offers practical advice for creatives on how to distinguish their "worth" from their "value," bake-in retirement savings into their pricing model and establish a successful operation year-round.More about Ilise: She is the founder of Marketing-Mentor.com, the go-to online resource for creative professionals who want better projects with bigger budgets, through which she offers business coaching to small groups and 1:1. She is also a national speaker and author of 7 books, including "The Creative Professional's Guide to Money," 3 online courses via CreativeLive and The Simplest Marketing Plan – all tailored to the needs of creative professionals. Since 2008, she has hosted the Marketing Mentor Podcast. For access to Ilise's Simplest Marketing Plan, which includes her 3 most effective marketing tools for creative professionals, click here. Hosted on Acast. See acast.com/privacy for more information.

We've all heard the expression, Follow Your Passion, but how realistic is it? It's not the be all, end all, to achieving fulfillment and success, says guest Terri Trespicio. In her new book Unfollow Your Passion, she shares the insights and tools for living a meaningful life on your own terms. In our conversation we discuss why pursuing "the one thing" and making bucket lists can set us up for failure and disappointment.The book is based on Terri's famous TEDx talk has more than seven million views. Pre-order Unfollow Your Passion (released date: 12/21) and get early bird exclusives. Hosted on Acast. See acast.com/privacy for more information.

We continue our discussion around the Cost of Climate Change and its impact on our investments and financial choices with guest Georgia Lee Hussey, co-founder of Modernist Financial and certified financial planner. We respond to listener questions about creating a sustainable portfolio, buying flood insurance and more. Hosted on Acast. See acast.com/privacy for more information.

When it comes to making an impact with our money, our first instinct may be to shift our shopping dollars to support the change we seek in the world. From banning plastics to supporting Black-owned businesses to boycotting retailers that are unkind to their workers, how and where we collectively spend certainly matters and deserves attention. But what about where we save our money? Where we bank? Total cash deposits at all commercial banks in the US currently exceed $17 trillion and if you have a checking or savings account with a major US bank, your deposits may be used to finance large-scale "climate-unfriendly" projects. A Rainforest Action Network study finds that the world's biggest financial institutions have been key financiers of fossil fuel projects -- to the tune of $3.8 trillion since 2016.Changing the equation is our guest: Geeta Sankappanovar, founder and chair of Rallius, the first digital banking platform solely focused on ESG initiatives. The mission at Rallius is to fight systemic inequality, support climate action, and democratize wealth creation. The company hopes to draw $500 million in deposits during its first year of business. Hosted on Acast. See acast.com/privacy for more information.

This week on So Money and on CNET (live beginning Monday 11/01 at noon ET), we are dedicating coverage to issues surrounding The Cost of Climate Change. Today, we focus on how climate change and extreme weather events are giving some home buyers pause.Our guest is Aditi Shekar, co-founder and CEO of Zeta, a financial services platform supporting families. She explains why she and her husband are planning to leave San Francisco, California for Bozeman, Montana, the climate risk considerations and her advice for other prospective buyers might want to calculate the cost of homeownership in a climate changing world. (Full disclosure: I am an investor in Zeta.) Hosted on Acast. See acast.com/privacy for more information.

This week on Ask Farnoosh: Details about backdoor Roth IRAs, the concept of "proper savings" and how to manage costs in a relationship where one partner makes significantly more. Hosted on Acast. See acast.com/privacy for more information.

If something in your life could be made easy, what would that be worth to you? Hard work is not always the best work. Yet we often opt for the harder routes in life because we assume they equate to more value, more meaning, more success. Susie Moore joins to discuss the insights and inspiration from her newest book Let It Be Easy. The book revolutionizes the concept of stress, showing you how to uncomplicate your life by removing the pressure and worry we manufacture ourselves without even realizing it.More about Susie: She is a former Silicon Valley executive turned celebrity life coach and advice columnist, and her work has been featured on the Today show, Good Morning America, Dr. Oz, Oprah, Business Insider, The Wall Street Journal, Forbes and Cosmopolitan. Born in England, she lives in Miami with her husband Heath and her Yorkshire terrier, Coconut. Find out more about her work at www.Susie-Moore.com. Hosted on Acast. See acast.com/privacy for more information.

Celeste Headlee is the author of SPEAKING OF RACE: Why Everybody Needs to Talk About Racism—and How to Do It (on-sale 11/2), In our conversation we talk about the importance of connecting the dots between privilege and wealth, how to actually ask questions about race without sticking your foot in your mouth, the role of social media in furthering discussions about race. And celeste’s own challenges growing up as al light-skinned Black Jewish American, and having to defend this time and time again. Plus: I share some of my curiosities about my own race.More about Celeste: She is a self-described “light-skinned Black Jew” who has had to defend or define her race since childhood. In her career, Headlee has made it a priority to talk about race proactively but what she discovered is that those exchanges have rarely been productive. While many people say they want to talk about race, the reality is, they want to talk about race with people who agree with them. Now, using science, research and lived experience SPEAKING OF RACE provides insight and advice for how to have meaningful and impactful conversations about this crucial subject. This is the book for people who have tried to debate and argue with friends and have gotten nowhere; those who have stopped talking to a neighbor or dreaded a holiday dinner; and anyone who wants to better understand race and effect meaningful change as a society. Learn more here. Hosted on Acast. See acast.com/privacy for more information.