So Money with Farnoosh Torabi

What's your greatest financial concern? For many people the number one source of money stress stems from uncertainties around retirement. Specifically, we're worried we won't have enough saved or that we can't afford to retire.Welcome to So Money. This is a special bonus episode, part of a four-part series we’re doing with Charles Schwab, where we’re doing deep dive conversations about really important financial topics.If you've been following along this series you know that we kicked things off with Liz Ann Sonders, chief financial strategist at Charles Schwab, as she gave her perspectives on the stock market. Then we transitioned over to financial literacy and how to educate our young ones about money in a conversation with Carrie Schwab-Pomerantz, President of the Charles Schwab Foundation.Today we turn the focus to retirement and retiring well. For this, we welcome Catherine Golladay, a senior vice president of participant services and administration at Charles Schwab. Catherine has her ears to the ground and understands the issues and complexities surrounding our retirement concerns .Catherine and I discuss the current retirement landscape. What does retirement look like today? How we can all catch up and prepare and what are the specific challenges facing Millennials?For more, visit Schwab Savings FundamentalsDisclosure: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.Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

Forget lean in. How about be gutsy? Our guest today is former Cosmopolitan Editor-in-Chief and media giant Kate White. She is a New York Times bestselling author of multiple books, both fiction and non-fiction. Her latest career guide is called The Gutsy Girl Handbook: Your Manifesto for Success.There are many career guides for women these days. I’ve read all of them. The Gutsy Girl Handbook by Kate White cuts right the matter of why some women succeed and others fall behind in their careers. It draws on research, and offers never-before told stories from Kate’s tenure as the editor-in-chief of Cosmo. In our conversation we learn why when we worry we give up our power. How to combat gender bias in the workplace and Kate’s own gutsiness that scored her the head role at one of the country’s leading magazines.In our current world of mansplaining and the #MeToo movement, it seems like the perfect time for Kate to remind us again of why it’s so important to have confidence and ambition in our careers. Careers give us so much, including money. And if there’s one thing I’m reminded of more and more these days, it’s that if I want to have options, power and freedom in my life...money, financial freedom it’s incredibly important.  To learn more about Kate White, visit her website www.KateWhite.com and follow her on twitter @KateMWhite. Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

Our guest today hopes to retire early. Jamila Souffrant and her husband have saved $169,000. They live in New York City. They have 3 children and own two properties. How does she do it?Today, we’re in conversation with Jamila Souffrant, the creator of the Journey to Launch website and podcast.  Even though Jamila lives in Brooklyn, one of the most expensive cities in the world, she has big plans to retire early at age 40. In some ways, her financial independence journey began at age 22 when she bought her first condo in Brooklyn, which turned into a great investment property. But also as the daughter of a single, immigrant mother, Jamila’s ambitions were shaped at a young age.She is now working hard on her personal brand and mission, Journey to Launch, where’s she documenting her journey towards early retirement. Learn more about Jamila by visiting her website JourneytoLaunch.com. You can also listen to her podcast and follow her on instagram @journeytolaunch. Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

Are prospective employers allowed to ask you how much you make? Do you have to tell them? How to avoid the topic without compromising the job offer? In today's Ask Farnoosh, special co-host Heather Horton joins. She is an avid listener and professional actor and comedian in Los Angeles at www.heatherho.com.Farnoosh and Heather also tackle questions like: Do you think it’s worth opening a Roth if I will soon be making too much to contribute to it? Is it too late to start a 529 plan for high school age kids? Any advice on how to negotiate salary during a promotion? For more check out www.somoneypodcast.comLearn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

What do Gloria Steinem, Kim Kardashian, Jessica Alba, and Chrissy Teigen all have in common? Today, I’m interviewing Jaclyn Johnson, who turned a job layoff into an incredible career as an entrepreneur. Her business, Create and Cultivate, hosts the premier conference for female entrepreneurs. Women love her conferences because she brings in female powerhouses as her keynote speakers including some of the women just mentioned. She creates an atmosphere of camaraderie that just can’t be beat. Today, I’ll be talking to her about how she started her business, what it’s like to meet so many incredible celebrities, and her new project, an upcoming book and podcast called WorkParty. To learn more about Jaclyn’s upcoming book and projects, visit www.workparty.com. You can also follow Jaclyn on Twitter and Instagram @jaclynrjohnson.Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

For some entrepreneurs the idea of selling a product or service can feel like selling OUT or selling your soul. But our guest today has a technique for selling with integrity and winning every time. I’m welcoming Mo Bunnell to the show. Mo leads the Bunnell Idea Group whose trademarked GrowBIG® Integrated System helps companies grow their business faster, in the right way and helps professionals get focused and efficient in business development.  He has a new book out later in September 11 called The Snowball System: How to Win More Business and Turn Clients into Raving Fans. We’ll talk about his Give to Get technique, some shorthand for calculating what your time is worth, as well as Mo’s So Money accomplishment...finally purchasing a horse farm near the heart of Atlanta, which was on his family bucket list for years.  You can learn more about Mo Bunnell by visiting www.MoBunnell.com. Follow him on Twitter @MoBunnell and pre-order his book on Amazon.  For more, also check out www.Snowballsystem.com and www.Createdemandcourse.comLearn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

Is working towards a Bachelor's worth it later in life? Should I take a loan from my 401(k) to pay off student loans? What are some good resources or ideas for starting to invest? Today's Ask Farnoosh is with co-host Leyla Novini, an avid So Money listener. Check out www.SoMoneyPodcast.com for more.Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

How do we educate our kids when it comes to money? Welcome to So Money, everyone. I’m Farnoosh Torabi. Today is a special bonus episode, part of a four-part series we’re doing with Charles Schwab, where we’re doing deep dive conversations about really important financial topics. Earlier this month we spoke with Liz Ann Sonders, chief financial strategist at Charles Schwab, about her perspectives on the stock market. Where are we headed? Also, important steps for first time investors. If you missed that episode, I encourage you to go back and take a listen. Today we’re shifting gears to financial literacy, especially when it comes to our kids. Its’ no secret that, as a nation, we’re a little behind when it comes to knowing just the basics about how to manage money and how to budget. Our guest today is Carrie Schwab Pomerantz, a CFP and president of the Charles Schwab Foundation. She and I will discuss ways to teach our kids about money throughout the ages. How to support financial literacy in schools and the money lessons she’s instilled in her three children. 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, have been for many years. So before we get started, I just want to thank Charles Schwab for helping get this financial education content to you. For more, check out SchwabMoneyWise.comDisclosure: 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.Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

Can money buy happiness? Really? Today, I’m interviewing behavioral finance expert and author Brian Portnoy. Brian’s new book, The Geometry of Wealth: How To Shape A Life Of Money And Meaning. In it he explains how money might not be the source of happiness...But money *can* fund contentment. Brian is currently the Director of Investment Education at Virtus Investment Partners and has spent the last 25 years as an educator, investor, and strategist. He holds a doctorate from the University of Chicago...Coming up next:  his 3-step method for achieving true wealth...It involves shapes. And how much money is ENOUGH money?  You can learn more about Brian Portnoy, his books, and more at ShapingWealth.com. You can also follow him on twitter @BrianPortnoy and purchase his new book, The Geometry of Wealth, wherever books are sold. Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

It can be hard to find quality career advice these days. The work landscape is always changing. Millennials want more freedom and flexibility. For women, in particular, there's conflicting advice about how to strategize, communicate, think, act, perform. That’s why I invited Lauren McGoodwin, an expert in career development for women and founder of the popular website Career Contessa.  Together with her talented team, Lauren provides advice, insight, and support for women who want to pursue their career goals. We’ll chat about her business, her financial failures, and the importance of having not just a career - but a life  that you love. To learn more about Lauren’s business, please visit www.careercontessa.com and follow the team on instagram @careercontessa.Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.