So Money With Farnoosh Torabi

Today’s guest makes me feel terribly under accomplished. He is a modern day Renaissance man. His name is Kabir Sehgal. I was introduced to Kabir by a mutual friend who thought he’d be a perfect fit for the show because he just wrote a New York Times bestselling book about the history and biology of money. The book is called Coined: The Rich Life of Money and How Its History Has Shaped Us. In it, Kabir explores how and why money has come to play such a central role in everyday life and unveils the neuroscience behind our money behavior. As the New York Times says, "If you've been waiting for an economic version of 'Eat, Pray, Love'  this may be it."   Kabir traveled the world for a few years to report on this topic and as if that wasn’t impressive enough, I learned this is actually Kabir’s second book. His first – Walk in My Shoes - was a New York Times bestseller, too. Oh, and by the way, the man is also a Grammy award winning musician.   Three takeaways from our interview:   -- The secret to Kabir's career s

If you are thinking about going to grad school… or have children heading off to college soon, you’re probably wondering 'How the heck can I afford it? How do I plan for it?’ The cost of higher education in the US has skyrocketed more than 500% over the past 30 years, all while salaries and labor market have stagnated. Today’s guest, Lynnette Khalfani-Cox, who is the CEO of TheMoneyCoach.net and a New York Times bestselling author of “College Secrets: How to Save Money, Cut College Cost, Graduate Debt Free” is here with us today to dispel misconceptions about college and give important advice on how to make school affordable for you or your child and family. Before launching TheMoneyCoach.net in 2003, Lynnette worked for nearly a decade as a Dow Jones Newswire reporter and a Wall Street Journal reporter for CNBC, where she covered business and personal finance news. Three takeaways from our interview: -- 5 financial options you should consider before applying for student loans -- What criteria determine the “b

Today’s episode is another great reminder that no matter how painful a life blow or a career setback, you can still recover… and not just survive but flourish and lead a richer, happier life. Today’s guest was let go as the CEO of a major financial services company after having invested in it his whole life. In his own words, “I was embarrassed. I was humiliated and I was devastated.” But as they say “when one door closes, another door opens.” As a result of simply having more time on his hands, he got to experience something he fell in love with, something so refreshing and captivating that he now says he would have loved to do it much earlier in life… His name is David Pottruck. He is the author of the bestseller, Stacking the Deck, How to Lead Breakthrough Change Against Any Odds and the former CEO of Charles Schwab, a company he says he “grew from $5 billion… to a trillion dollars”. Almost a decade later, David is now the Chairman of HighTower Advisors, a $25 billion wealth management firm that he helped

In today's episode of Ask Farnoosh, I answer your questions about monetizing a website, whole life insurance and the best way to withdraw your pension in retirement when you're married. For more visit www.SoMoneyPodcast.com  

Should I lease a car? What should my net worth be? What medical marijuana companies are hot? I have a ton of money, so should I pay of my student loans or invest? Today's Ask Farnoosh questions run the gamut!

Three years ago the United Nations sanctioned March 20th as International Day of Happiness – day to drive awareness for the need for happiness in our worlds. Today’s guest is a major supporter of this event. He is the founder of Live Happy magazine, Jeff Olson, and for the second year in a row, Live Happy has joined the U.N. with its own mission to lead a global movement to inspire the world to think, act and live happy with the #HappyActs Challenge. For more, check out HappyActs.org. Jeff Olson is also the Founder and CEO of Nerium International™. He is the autrho of the best-selling book, The Slight Edge. A few takeaways from our time with Jeff: How happiness correlates to prosperity in your financial life. Jeff's "Millionaire Next Door" mindset and how it helps him protect his wealth. The benefits of growing up poor and the financial breakthrough Jeff experienced in college. 

For most of us, including yours truly, having strict deadlines can be very helpful in achieving our goals… And for today’s guest, Jaime Tardy, a 9-month deadline put her quickly into action to become financially free. She became pregnant and had a limited amount of time to pull her financial life together before welcoming her new baby. And she did it! At the same time she managed to quit her 6-figure full-time job with an expense account with confidence! Today Jaime owns her own business and has transformed her lifestyle of working 24/7 to just 30 hours a week… Jaime also writes about her experience in her new book The Eventual Millionaire.  In it she also chronicles what she’s learned from over 120 millionaires interviewed on her podcast with the same title The Eventual Millionaire. They discuss the tricks that worked in building their business (and what they wish they had done differently!). In addition to being an author and a blogger, she is also a successful business coach working with entrepreneurs who

If you’re someone interested in the psychology of money and learning more about yourself and why you do what you do when it comes to money, you’ll enjoy today’s episode. Today’s guest is author Gretchen Rubin, who started her career in law and was clerking at the Supreme Court when she realized that she really wanted to be a writer. Since then, she’s become one of the most thought-provoking and influential writers on habits and happiness of our time. She is the author of several books, including the blockbuster #1 New York Times bestseller The Happiness Project.  It is based on the year in Gretchen’s life which she spent experimenting about how to be happier. She is out with a brand new book – Better Than Before: Mastering the Habits of Our Everyday Lives. Three takeaways from our interview: -- The 4 human tendencies we all should be aware of… (And the tendency quiz you can take on Gretchen’s website that will help you learn about yourself.) -- Why degree of temptation and your personality matter when establi

Today’s guest is a leading expert on money, kids and financial literacy and the creator of the Money Savvy Pig. She is also a banking and investment management veteran who worked with high net worth individuals for over 2 decades and advised them on what they should and shouldn’t do with their money. Her name is Susan Beacham. Susan founded her own company, Money Savvy Generation, in the late 90’s after seeing how much her own children wanted to learn about money. Since then, her company has developed a wide portfolio of products that’s helped millions of parents and educators teach basic personal finance skills to school-age children. Three takeaways from our interview: -- Susan’s inspiration to leave corporate America after 18 years to start her own company. -- Her money mantra that requires her to “stop, think and reflect.” -- How Susan’s own grandmother influenced her financial philosophy and helped her become a strong saver.

oday’s guest is a podcasting legend who’s inspired millions to act on their entrepreneurial dreams – including YOURS TRULY. He is the Founder and Host of EntrepreneurOnFire, an award winning and uber successful podcast where he interviews incredibly inspiring entrepreneurs 7-days a week… His name is John Lee Dumas. John started his career in the US Army where he served for 7 years, 3 in active duty and 4 in the Army Reserves, before becoming a civilian at age 26. He then dabbled in a variety of professions, including working in corporate finance, a tech start-up and real estate, not to mention a semester long stint in Law School! But nothing felt right until he discovered podcasts… first as an avid listener and now as the creator of his own podcast, EntrepreneurOnFire. He’s also created Podcasters' Paradise, an online community filled with passionate podcasters, video tutorials and so much more that will help you create, grow and monetize your podcast. I am a proud member of this community. Three takeaways fr

In this episode of AskFarnoosh questions regarding how to buy disability insurance, saving on childcare and how to hire a tax preparer.  Also, where can  you legally "hide" money to position yourself in the best way possible to receive financial aid for college?for more visit SoMoneyPodcast.com

On today's episode of Ask Farnoosh, answering your questions about reducing the interest on a six-figure student loan figure, choosing a travel rewards card and how to afford graduate school. Is it always worth it?  For more visit www.SoMoneyPodcast.com

One of my recent guests on the show, Amanda Steinberg, the founder of DailyWorth.com, said that she "ate struggle for breakfast" throughout her life. And that’s a trend that I’m starting to see across the board… among many highly successful people. Today’s guest is no exception. From losing both of his parents seven months apart to losing all of his savings and his house, he endured what many of us fear the most – hitting rock bottom. But he never stopped. He never made excuses. He just kept going. His name is Michael O’Neal. Today Michael is the creator and host of the highly acclaimed podcast Solopreneur Hour where he interviews the best and brightest solopreneurs from all walks of life. When he’s not podcasting himself, he helps others learn how to podcast and launch their own brands online. Three smart takeaways from our interview: -- Why Michael started “Solopreneur Hour” and what it means to be a solopreneur -- A time in his life when he had $14 left and how he climbed out of that hole -- A key influenc

Tim Ferriss joins So Money to talk career, investing, experimentations, rejection, Billy Joel and so much more. Learn how Tim volunteered his time to amazing connections and opportunities in his 20's, when he first graduated from college, how Billy Joel influenced him many, many years ago to become the man he is today and where Tim prefers to invest his money and why.For more, visit www.SoMoneyPodcast.com

Today’s guest joins us all the way from Australia. He’s an incredibly successful online marketing expert and a best-selling author of Feed a Starving Crowd… which he currently offers for free on his website (below). He’s known for his practical advice for entrepreneurs and wannabe entrepreneurs who would like to launch an online business. Recently he’s been listed by Startup Australia as one of Australia's Top 50 Entrepreneurs. And he currently serves as the Director of Global Business at E-Web Marketing, Australia's top online marketing agency. His name is Robert Coorey. Robert is also the co-creator and lead host of the upcoming Reality TV show called "Business Rescue." This a TV Pilot which takes struggling companies through a maze of marketing challenges over the course of 30 days. I can’t wait to watch it! Three takeaways from our interview: -- Robert’s early money memory and what he learned from it -- How to test the market or your new business idea -- What Robert recommends we do with our lottery winni

I’m excited to welcome our first couple to the show, the amazing Mark & Lauren Greutman, the co-founders of a personal finance website, markandlaureng.com. Having gone through financial hardships, they are now on a mission to spread the word about money and financial health – the things they wish they had known years ago. I love their story – their tenacity and determination is so inspirational! www.somoneypodcast.com

Fast forward a decade later, she has become a much admired financial journalist and a money expert. In addition to having worked as a business anchor at CNN and CNBC, she has contributed to MSNBC and TODAY show and served as a business anchor for Bloomberg Television. She now owns her own productions company and is the money correspondent for The Wendy Williams Show and The Insider. Today’s guest is Nicole Lapin. She’s just launched a new book called Rich Bitch… a 12-Step Plan in which she shares her experiences—mistakes and all—of getting her own finances in order. Money is typically an “off limits” conversation, but she says, nothing is off limits in her book. Three takeaways from our interview: Why and how Nicole got herself into debt…and back on her feet. What made her leave a cushy job at CNBC and launch her own company THE #1 question we should always be ready to answer For more visit SoMoneyPodcast.com

In this episode of Ask Farnoosh, how to plan your estate when you're divorced with two children, saving for retirement for the first time at 50 years old and how to save properly for your child's college education?For more, visit www.SoMoneyPodcast.com

What role should our ethics play in our financial decisions? Farnoosh answers your biggest money questions on this latest episode of Ask Farnoosh. For more visit SoMoneyPodcast.com.

Today’s guest is a Millennial superstar and a visionary strategist for the digital age. She is the CEO and founder of the Marketing Zen Group, an integrated online marketing and PR firm. She is the best-selling author and highly acclaimed speaker who is frequently invited to share the stage with the world’s top leaders and luminaries, such as President Obama and the Dalai Lama. How cool is that?! But that’s not all… She is the recipient of the prestigious Technology Titan Emerging Company CEO award. She was named one of the “Top 30 under 30” Entrepreneurs by Business Week in 2013... AND one of the “Top 30 under 30” Movers and Shakers by Forbes in 2015! And if that’s not enough… She has also been honored at the White House as one of the top 100 young entrepreneurs. Today’s guest is Shama Hyder.Three takeaways from our interview:-- Biggest mistake that companies and individuals make online when it comes to their social media strategy-- How Shama managed to graduate from college debt-free… and yes, you can too!-