Rank #1: Bonus Ask Farnoosh: How to pay off debt while saving and paying bills?
In this bonus episode Farnoosh and her co-host tackle your latest money questions, including, how to pay off debt while trying to save, the differences between index funds, ETFs and mutual funds, how to benefit from employee stock purchase programs, and much more.
Special co-host is Tiffany Dolby. Tiffany manages Schwab’s branch in Winnetka, Ill., a suburb of Chicago. She has been with Schwab for almost eleven years and started her career right out of college. She received her bachelor’s degree in economics from Purdue University.
As many of you know, I’m working with Charles Schwab to help spread financial
literacy to the masses and it's been a really great collaboration so far. I'm a Charles Schwab
customer and have been for many years. Before we get started, I just want to thank Charles
Schwab for helping get this financial education content to you.
To learn more about Schwab and how to work with them, visit Schwab.com/SoMoney. Schwab offers
a range of services for people looking to invest and plan for their future, whether you want to invest
on your own with the help of do-it-yourself tools and educational resources, get some periodic
guidance from a professional, or work with someone in a branch. Find it all at Schwab.com/SoMoney.
Disclosure: Farnoosh has been compensated by Charles Schwab. Farnoosh is not affiliated
with Schwab and the views she expresses may not necessarily reflect those of The Charles Schwab
Corporation or its affiliates. Farnoosh is a client of Schwab.
Jun 27 2019
Rank #2: 886: Ramit Sethi, Author of I Will Teach You to Be Rich
Ramit Sethi, author of the New York Times bestseller I Will Teach You To Be Rich, has become a financial guru to millions of readers in their twenties, thirties, and forties.
After the massive success of his first book, I Will Teach You to Be Rich, he's back - ten years later - with a second edition, updated and expanded for a new age.
In our latest conversation (Ramit was on previously - check it out), we discuss:
The additions and omissions he decided to make in the new version of his book - and why.The untold realities of executing a prenup with your partner-to-be. Ramit shares details from his own experience.The current attacks on financial experts who believe in personal accountability.Ramit started his website, iwillteachyoutoberich.com, as a Stanford undergraduate in 2004, and he now hosts over a million readers per month on his blog, newsletter, and social media. Sethi grew up in Sacramento, the son of Indian immigrant parents who taught him the art of negotiating—his father once spent five days negotiating with a car dealer, only to walk away over a set of floor mats.
He wasn’t the smartest kid in his class, but he loved building systems, which ultimately earned him over $200,000 in scholarships, which he used to get bachelor’s and master’s degrees in technology and psychology at Stanford.
His understanding of human behavior and money led to him creating innovative solutions in self development. Ramit and his team of dozens of employees build premium digital products about personal finance, entrepreneurship, psychology, careers, and personal development for top performers.
The IWT community includes 1 million monthly readers, 400,000 newsletter subscribers, and 35,000 premium customers.
May 15 2019
Rank #3: 764: Ask Farnoosh: How to Build My (DIY) Financial Plan?
We have a special theme for Ask Farnoosh this Friday: Prioritizing your financial goals.
Special co-host Eric Roberge is a certified financial planner and has found that people tend to get stuck on how to use their money... and many times, end up procrastinating to their own detriment because of it! They are trying to make the right decision when all they really need to do is avoid making a bad one.
We have a lot we want to accomplish with our money and know we need to save, invest wisely, and watch our cash flow... but we seem to struggle when it comes to (confidently) knowing which of our goals to focus on first -- or how to balance them if they're going to work on more than one thing at a time.
Aug 03 2018
Rank #4: 671: Ask Farnoosh, How do I save for retirement AND pay off my student loans? (rerun)
Should we use most of our cash savings to pay off our credit card debt? My biggest challenge is budgeting… should I open a bank account with a major bank to help save and budget? How do you deal with both saving for retirement and paying off student loans?
Answering these questions of yours and more on this week’s Ask Farnoosh with special co-host and business money strategist Justin Krane.
This episode originally appeared on Friday, September 29, 2017 as episode 632.
To learn more visit www.somoneypodcast.com.
Dec 29 2017
Rank #5: 1045: Financial Survival in a Pandemic with Certified Financial Planner Tom Corley
For many, 2020 will be characterized as the year of survival. Our guest Tom Corley, CFP, offers financial advice to help us keep head above water as we navigate all the uncertainties.
Tom Corley is CPA, CFP, holds a Master’s Degree in Taxation and is a bestselling/award-winning author. His books include: Rich Habits, Rich Kids, Change Your Habits Change Your Life, Rich Habits Poor Habits and Effort-Less Wealth - Smart Money Habits at Every Stage of Your Life. Tom has appeared on or in CBS Evening News, The Dave Ramsey Radio Show, CNN, MSN Money, USA Today, The Huffington Post, SUCCESS Magazine, Money Magazine, and many other media outlets and podcasts in the U.S. and 27 other countries. Tom is a frequent contributor to Business Insider and CNBC.
May 20 2020
Rank #6: 647: Ask Farnoosh, I can't pay off my credit card debt... help!
The podcast makes me rethink my relationship with money, yet I still can't seem to pay off $14,000 worth of credit card debt. What's a good first step?
My employer gives 53 cents back for every mile when I commute to and from work using a rideshare service. Should I just fight for a full refund?
Answering these questions of yours and more on today's Ask Farnoosh. Have a question of your own you'd like to share? Submit a question by visiting www.somoneypodcast.com.
Nov 03 2017
Rank #7: 637: Eric Roberge, Certified Financial Planner
Back by popular demand, Eric Roberge is in the house. If you listened to last Friday’s episode of Ask Farnoosh, you know Eric was my esteemed co-host. I wanted to bring him back for a 1:1 interview. As a certified financial planner and founder of his own virtual financial planning company, Eric has a great grasp on all the issues young professionals are facing when it comes to money and personal finance.
A little more about Eric: His financial planning firm is called Beyond Your Hammock.
He previously worked for State Street and JPMorgan before starting his own business at age 33. Now, he helps people in their 30's and 40's make strategic decisions with their money to achieve financial independence. Eric has been named one of Investopedia's Top 100 Most Influential Advisors. He frequently contributes to Forbes, Huffington Post and Money Magazine.
So, should you hire an advisor? How much does it cost? What are some of Eric’s greatest financial tips for the current generation?
For more information visit www.somoneypodcast.com.
Oct 11 2017
Rank #8: 914: Ask Farnoosh: How Much is "Enough to Save for Retirement?
Farnoosh and special co-host Annie LaCroix, founder of Brainy Boss, answer the latest questions from listeners...including how to invest in Socially Responsible Investments, how to improve one’s credit, how much is “enough” to save for retirement and what to do with millions of dollars earned through a settlement.
Jul 19 2019
Rank #9: 605: Ask Farnoosh, How much of my income should I allocate towards savings, investing, real estate, etc.?
My husband just inherited $100K and we're not sure where to invest the money... any suggestions? Would love your opinion on target date funds... thoughts? How much of a six-figure income should be allocated toward investing in stocks, real estate, savings and so forth? Answering these questions of yours and more on this week's #AskFarnoosh.
For more information or to submit your own question for an upcoming episode visit www.somoneypodcast.com and click on "Ask Farnoosh."
Jul 28 2017
Rank #10: 812: Ask Farnoosh: Investing 101, Side Hustles and More
How to make the most of your side hustle income? What are some great books on investing? If you applied for a job and didn't get it...should you try again? Farnoosh answers your top money and career questions. To send her your questions be sure to visit www.somoneypodcast.com and click on "Ask Farnoosh." You can also send her a message on Instagram @FarnooshTorabi
Nov 23 2018
Rank #11: 722: Ask Farnoosh with Sandra Grahame: What's the best way to invest $1,000?
For more information visit www.somoneypodcast.comI’ve got baby fever really, really bad. I’ve been thinking that after we finish paying off our credit card debt, we can start trying to expand our family while working on building our savings up. Is that practical or are we being irresponsible? Can you talk more about income producing assets, that you can start with $1,000 or less and scale up? Answer these and more questions with special guest co-host Sandra Grahame, co-founder of Smart Cookies
Visit smartcookies.com/spendingawarenessguide for your free guide.
Apr 27 2018
Rank #12: 878: Ask Farnoosh: Which is more important, paying down student loans or investing?
This week on Ask Farnoosh, host Farnoosh Torabi answers you money questions related to retirement investing, student loans, controlling emotional spending and more.
Apr 26 2019
Rank #13: 839: Ask Farnoosh: Best Way to Save for a House?
Special co-host Grant Sabatier, founder of Millennial Money and author of the forthcoming book Financial Freedom, joins Farnoosh to answer your biggest money questions. This week: how to afford a home, the best ways to save for retirement, discussing money with your partner, and the smartest ways to pay down debt.
Here's where you can purchase Grant's book.
For people outside the US go here to find out where to buy.
Jan 25 2019
Rank #14: 989: Ask Farnoosh: What are some smart ways to earn passive income?
Want to earn more money in 2020? Host Farnoosh Torabi provides answers to listeners top money questions...from top side hustles to maximizing retirement savings to finding a financial planner.
Jan 10 2020
Rank #15: 626: Ask Farnoosh, How do I save money while still being social?
How do you teach kids to invest? How can I save money while trying to be social? How much should I budget for eating out and miscellaneous expenses when I travel?
Answering these questions of yours and more on this week's Ask Farnoosh with special co-host Naomi Hattaway, a licensed realtor and founder of the networking platform, I Am a Triangle.
To leave a question for an upcoming Ask Farnoosh Friday episode, visit www.somoneypodcast.com and click on 'Ask Farnoosh' on the top righthand corner and record or write-in your question.
Sep 15 2017
Rank #16: Bonus: Preparing for Retirement with Teresa Hassara
Raise your hand if you have a 401k at work and wondering if you’re making the most of it? Or, if you’re not investing for retirement…yet…and wondering how to get started?
We have a special BONUS episode brought to us today by Mass Mutual. I’ve recently partnered with them to help spread literacy on the issues related to saving for retirement. We’re going to unpack a lot of learning today with Teresa Hassara, who leads the Workplace Solutions business at MassMutual, providing comprehensive financial wellness services, including retirement plans, to over 30,000 companies and about three million plan participants.
Teresa holds a B.A. from Vanderbilt University and earned her M.B.A. from the Wharton School of the University of Pennsylvania. She is a member of the Board of Directors for Jobs for the Future and an active supporter of a variety of organizations focused on mentorship for women and young people in under-resourced communities. She is also passionate about women’s leadership and investing.
May 21 2019
Rank #17: 956: Ask Farnoosh: What is the best way to budget my money?
Farnoosh and special co-host (and listener) Madison Hopkins answer listeners' money questions, including how to properly budget to end the month without overdrafting. Also: how to save on medical expenses and whether it's a good idea to cash in on your company's stock to pay down debt?
Madison Hopkins is the creator of Blissed-out Dollar Bills which is helping millennials get comfy with their personal finances. While working with one of the world's largest mutual fund companies, Madison gained the experience and knowledge that she's now using to help everyday women understand their money and investing.
Oct 25 2019
Rank #18: 719: Ask Farnoosh, Help! I'm terrible at trying to save money and prepare for the future.
Help! I'm terrible at trying to save money and prepare for the future.
As a female entrepreneur considering marriage, what are the basics I need to know about pre-nuptials, how do you approach it?
Can you explain the difference between credit (FICO) and "auto credit score" or "car credit score"?
Answering these questions of yours and more with co-host Leanne Wong.
For more or to share a question for an upcoming Friday episode visit www.somoneypodcast.com.
Apr 20 2018
Rank #19: 798: Adeola Omole, 7 Steps to Get Out of Debt and Build Wealth
What if you had $70,000 worth of consumer debt and losing your job amidst all of that financial stress?
Today, I’m interviewing Adeola Omole on the show. She describes herself as a lawyer by trade and a money coach by choice. Her journey of achieving debt ZERO and building a community for women and money is the focus of our conversation today.
Raised by immigrants in a family of six children, Adeola watched her parents work hard but also pinch pennies. Seeing her parents’ financial struggles growing up, Adeola thought debt was a normal part of life. This led her to make her own money mistakes. By the time she was a young adult finishing her clerkship just out of law school, she had amassed $70,000 worth of consumer debt.
Fast-forward to today, Adeola and her husband are debt-free and building great wealth. They’ve even managed to pay off their mortgage. Adeola also has a new book: 7 Steps to Get Out of Debt and Build Wealth.
You can learn more about Adeola on her website adeolaomole.com, on Instagram at @adeolaomoleb, and on Twitter @AdeolaOmoleB. Her book is called 7 Steps to Get Out of Debt and Build Wealth. And for her free 10-Point Checklist for Buying Stocks visit adeolaomole.com (scroll to the bottom to find it!)
Oct 22 2018
Rank #20: 745: Laura Vanderkam, Time Management Expert and Author of Off the Clock
Today’s guest is going to teach us how to get more done and feel less busy - starting now.
Today I’m interviewing Laura Vanderkam. She’s one of the world’s leading experts on time management and productivity. She’s an author of four books, and her most recent book, Off the Clock: Feel Less Busy While Getting More Done just hit the shelves. She’s also a podcast host, an avid reader (she’s already finished a whopping 75 books this year) and before you think this could never be possible for you, let me add that she is also a mother to not one, but four children.
Laura is going to walk us through how we can find more time in our day and be much more productive. The tricks she practices to be more productive at work and spend more quality time with her husband and kids (hint: It involves some dividing and conquering). Plus inexpensive ways to buy more time in your day.
Jun 20 2018