So Money with Farnoosh Torabi

In this episode of So Money, Farnoosh answers a variety of listener questions including how to manage finances during a job transition and prioritize severance pay, Should you ever pause 401(k) contributions? Also: The best time to execute stock options and how to qualify for a mortgage as an entrepreneur. Sign up for Farnoosh’s free Investing BlueprintFollow on InstagramJoin the So Money Members ClubRegister for Book to BrandLeave a review on Apple PodcastsOrder Farnoosh’s new book, A Healthy State of Panic

Today’s episode is for anyone who’s seriously considered packing their bags and leaving the United States. Whether it's for a better quality of life, a slower pace, or political reasons, moving abroad is a dream for many, but it’s also a complex journey.Joining us is Stacy Ennis, bestselling author, writing coach, and expat living in Portugal. Stacy has lived in four countries outside the U.S., and she’s become an unofficial expert on relocating abroad sustainably, not impulsively.In our conversation, we’ll dive into the practical, financial, and emotional realities of moving abroad. What are the biggest challenges? How do you ensure you're making this move for the right reasons? And what misconceptions do Americans often have about living in another country? If you’ve ever dreamed of starting over in a beachside town or exploring a new culture, Stacy’s insights are invaluable.Sign up for Farnoosh’s free Investing BlueprintFollow on InstagramJoin the So Money Members ClubLeave a review on Apple PodcastsOrder Farnoosh’s new book, A Healthy State of Panic

We explore the power of career pauses with Neha Ruch, founder of Mother Untitled and author of The Power Pause: How to Plan a Career Break After Kids and Come Back Stronger Than Ever. Neha is on a mission to rebrand the title “stay-at-home mom” and shift the narrative around career breaks from one of sacrifice to one of empowerment.We dive into how parents can intentionally plan for a career pause, create financial security, and use this time to grow both personally and professionally. Neha offers practical strategies for navigating societal perceptions, fostering meaningful connections, and eventually returning to work with confidence.Sign up for Farnoosh’s free Investing BlueprintFollow on InstagramJoin the So Money Members ClubLeave a review on Apple PodcastsOrder Farnoosh’s new book, A Healthy State of Panic

Celebrate a decade of financial wisdom as the host reveals tips for achieving an 800+ credit score and practical insights for novice investors. Discover the effects of paying off car loans early, and learn whether canceling a department store credit card is worth it. The host also highlights vital resources for California wildfire recovery, shares reflections on 2024's challenges, and introduces budgeting tools that can boost your financial health. Join in the community spirit as listeners share their journeys!

In this enlightening conversation, Anthony O'Neal, a bestselling author and personal finance expert known for his straightforward approach, shares his journey from being $35,000 in debt at 19 to building a seven-figure business. He discusses the importance of avoiding consumer debt, focusing on asset building, and creating a clear life vision for financial success. Anthony emphasizes how faith and purpose shape financial decisions and provides practical tips for debt elimination and generational wealth building, particularly for underserved communities.

Join James Rhee, an educator turned CEO and impact investor, as he shares his transformative journey and the profound influence of kindness in leadership and community. Rhee discusses how a childhood memory involving a red helicopter shaped his philosophy and the surprising links between math and creativity. He emphasizes the necessity of a human-centered approach in today's AI-driven world and advocates for a culture of kindness in corporate settings, proving it can coexist with profitability and drive meaningful impact.

Is investing too much a real concern? Dive into the balance between saving for the future and enjoying life now. Discover the benefits of home equity loans for purchasing a second home. Learn tips on locating a qualified CPA to help with your financial goals. Plus, hear about the unique financial challenges faced by late-in-life parents juggling college costs and retirement. This discussion is packed with strategies for managing finances effectively!

Daniel Crosby, a psychologist and author known for his work on behavioral finance, joins to share insights on building wealth. He emphasizes the importance of emotional conversations about money and how they shape our financial decisions. The discussion also covers the concept of 'enough'—finding satisfaction with money beyond mere accumulation. Listeners learn about navigating financial burnout, and how understanding rather than judgment can strengthen financial partnerships. Practical strategies and scientific insights underscore the journey to financial well-being.

Vrinda Gupta, an Indian American fintech founder, dives into the financial landscapes shaped by her experience addressing systemic banking gaps for women. The discussion unpacks the unique challenges faced by first-generation individuals balancing cultural expectations and financial independence. Gupta shares powerful insights on overcoming financial barriers and the role of entrepreneurship in wealth-building. The talk emphasizes the importance of community empowerment and education in fostering financial resilience for diverse backgrounds.

Delve into the world of balance transfer credit cards and discover how to strategically manage debt while protecting your credit score. Learn about the pros and cons of borrowing from a 401(k) and the vital role of estate planning in securing your financial legacy. Explore the challenges of balancing retirement savings and homeownership, alongside essential tips for families navigating growing financial responsibilities. Don't miss out on free financial guides to aid your planning!