So Money with Farnoosh Torabi

Categories

general

Archives

2016
August
July
June
May
April
March
February
January

2015
December
November
October
September
August
July
June
May
April
March
February
January

August 2016
S M T W T F S
     
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31

Syndication

So many of you have written in suggesting today's guest for the show. Excited to say the Mad FIentist aka Brandon is here. He's a personal finance blogger writing about everything from tax avoidance to investing and on all topics related to achieving financial independence and early retirement. Over at his blog, madfientist.com, he shares tactics for how to become financially independent early on in life so readers can "break away" from full time jobs. He's even got his own podcast, the Financial Independence Podcast, so go check it out after this episode. But first, take a listen...

For more information visit www.somoneypodcast.com

Direct download: EP2046020Mad20Flentist.mp3
Category:general -- posted at: 3:00am EDT

Ever feel the uncontrollable urge to spend? I used to do this very expensive thing in college as a way to distract myself from studying. I would go to the 24 hour market below my dorm that sold all sorts of things - food, clothes, accessories, etc. And I would usually buy something. I was killing time by spending money. I was too scared to face my homework so I did the irrational and spent. I spent with emotion.  And thousands of credit card dollars later, I had to find a way to get myself out of debt as a new college graduate. Yay!

Today's guest is a recovering spender who, along with her husband, found herself in $40,000 worth of debt. Lauren Greutman is here and she wants to help people going through the same situation. She has a new book coming out soon that you can pre-order now, The Recovering Spender: How to Live a Happy, Fulfilled, Debt-Free Life. In the book, Lauren shares advice on how to curb spending habits and how to get out of debt. We face a lot of financial pressures in today's world, so she talks about that, too.

Lauren and her husband Mark actually joined me on So Money before... they were episode 58 so go back and take a listen if you may have missed that one. There's additional takeaways in that episode about how they got themselves back on track financially and why it's still important to enjoy your money sometimes.

For more information visit www.somoneypodcast.com

Direct download: EP2045920Lauren20Greutman.mp3
Category:general -- posted at: 3:00am EDT

On this week's episode of Ask Farnoosh I answer your biggest questions about establishing credit, opening up a credit card vs a store credit card, preparing a will, online college degrees and more.

For more information visit www.somoneypodcast.com

Direct download: EP2045820Ask20Farnoosh.mp3
Category:general -- posted at: 3:00am EDT

We've heard so much about the importance of sleep as of late... earlier this summer I had Arianna Huffington on the show talking about the #SleepRevolution. Sleep is trending people. Well, today I have another sleep coach joining us. Christine Hansen is with us all the way from Luxembourg. Last year, she left a career in education and now coaches successful and career driven women, and men, on how to get a solid night's sleep. Waking up refreshed means more energy which means you're ready to take on whatever comes your way both at work and in your personal life. Christine's approach involves no medication and she works to address the whole picture not just one piece of the puzzle. She's an international expert and has been featured in numerous publications including the Huffington Post.

In the interview we discuss how does more sleep equate to more money? And how can we get more sleep once and for all? Plus, do the rich have an easier time packing in those precious 8 hours of sleep?

For more information visit www.somoneypodcast.com

Direct download: EP2045720Christine20Hansen.mp3
Category:general -- posted at: 3:00am EDT

Money can be a leading cause of divorce and even after you split, it can continue to be a major source of arguments, especially with children involved.

Sheri Atwood knows all about this and has started a company to help divorced parents amicable settle child care payments. She is the founder and CEO of SupportPay,  the first-ever automated child support payment platform that's transforming the complex, time-consuming and stressful process that many families currently face. Believe it or not this problem impacts 300 million parents exchanging more than $900 billion in child support and child expenses worldwide.

Sheri, herself, was a child of a bitter divorce who also went through her own break-up several years ago. Now a single mom, she began searching for a better way to exchange and communicate about child support payments with her ex-husband. In 2013 she created SupportPay and today the site boasts some 40,000 members.

For more information visit www.somoneypodcast.com

Direct download: EP2045620Sheri20Atwood.mp3
Category:general -- posted at: 3:00am EDT

On this week's episode of Ask Farnoosh I answer your biggest questions about how the upcoming presidential election will affect our finances, whether you should open up an IRA if your employer doesn't offer a retirement account and more.

For more information visit www.somoneypodcast.com

Direct download: EP2045520Ask20Farnoosh.mp3
Category:general -- posted at: 3:00am EDT

Douglas McCormick is the author of the new book Family Inc.: Using Business Principles to Maximize Your Family's Wealth. In the book, he provides a roadmap to financial security for families with the premise that your family should be run like a BUSINESS. Doug has spent two decades managing money for institutional clients like insurance companies, pension funds, entrepreneurs and high net-worth families. He's helped them grow their businesses to create sustainable long-term value. He's also currently a Managing Partner at HCI Equity, which he also co-founded.

Douglas shares why he thinks every family needs a chief financial officer or CFO. And who is best to play this role? With news of UK's vote for Brexit, what does he think that'll mean for our investment portfolios? Plus, the gift he gives his kids every Christmas to help them learn about the financial world.

For more information visit www.somoneypodcast.com

Direct download: EP2045420Douglas20McCormick.mp3
Category:general -- posted at: 3:00am EDT

Dr. Daniel Crosby is a psychologist and behavioral finance expert. He's the author of a new book that came out earlier this summer, The Laws of Wealth: Psychology and the Secret to Investing Success.

In the book he gives readers real and actionable guidance for investors like 'Forecasting is for Weathermen' and 'If You're Excited, It's Probably a Bad Idea'.

Daniel also co-authored a New York Times bestseller, Personal Benchmark: Integrating Behavioral Finance and Investment Management.

In our conversation we discuss how, as humans, we can begin to think more rationally when it comes investing. After all, it's not like we're born knowing how. And earning versus saving ... as humans, which are we more capable of doing? You might be surprised.

For more information visit www.somoneypodcast.com

Direct download: EP2045320Daniel20Crosby.mp3
Category:general -- posted at: 3:00am EDT

On this week's episode of Ask Farnoosh, I answer your biggest questions about considering new career opportunities that offer less pay, top resources for people looking to leave a 9-5 job in order to start a coaching business, cutting back on 401k contributions in order to have more spending money and more.

For more information visit www.somoneypodcast.com

Direct download: EP2045220Ask20Farnoosh.mp3
Category:general -- posted at: 3:00am EDT

Are you an aspiring entrepreneur? Of course you are, that's why you listen to So Money. Today's guest Luisa Zhou is a business coach for aspiring entrepreneurs. She's helping women (but don't worry, men, you'll learn from this podcast, too) create their dream business, career and lifestyle. Luisa created her coaching business while working a 9-5. In just 4 short months she made $106K in sales while still working full-time and built her coaching business into a 7 figure business by month 11. She also created a free Facebook community, Entrepreneurial Women which has almost 12,000 members.

In the interview we discuss how do we make the transition to being our own boss while working a 9-5? She speaks in depth about her process. Plus she speaks to some of the failures she made along the way. It wasn’t always perfect. She also shares her best advice for anyone who just wants to know how and where to start. You have an idea, you’re busy with work, maybe you’re even juggling parenting but you really, really want to shoot for the stars. So how do you make your dream a reality. She gives us some really great concrete steps. These are steps we can start taking today.

For more information visit www.somoneypodcast.com

Direct download: EP2045120Luisa20Zhou.mp3
Category:general -- posted at: 3:00am EDT