So Money with Farnoosh Torabi

This week's #AskFarnoosh addresses a listener's concerns about identity theft, as well as investing in index funds, renting versus owning and a mother who refuses to learn about the household finances because "it isn't her job." Oof!Special co-host Addy Adewusi, a listener, joins Farnoosh with some great perspective and advice.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 if we all just stopped trying to be the best… stopped trying to climb the ladder… stopped trying to get the corner office? What if we believed that true success existed outside of “the best”?  Today’s guest is Srinivas Rao. He is an author, speaker, and podcast host of the hugely popular podcast called The Unmistakable Creative. After interviewing over 600 creatives, thought leaders, authors, entrepreneurs, and rebels, Srini believes that being unmistakable is actually far better than being the best at what you do.We’ll talk about his upcoming third book, An Audience of One, why he got fired from so many jobs after graduating from business school, and why there's a really big difference with what we want to do for a living and what we want to do with our lives. To learn more about Srinivas Rao, please visit UnmistakeableCreative.com.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 many of you are perfectionists out there? Teacher’s pet? Relentless overachiever? Yep, you’re among friends here.Petra Kolber believes that perfectionism actually holds us back. In fact she says that trying to be perfect = loss of joy. Based on decades of experience in the health and wellness industry, Petra now teaches people all over the world how to overcome unhealthy perfectionist tendencies. She’s documented her top tips and strategies in her new book, The Perfection Detox: Tame Your Inner Critic, Live Bravely, and Unleash Your Joy. In addition to being an author, Petra is an international speaker with 25 years of experience speaking to groups and companies about finding joy.  To learn more about Petra, please visit www.PetraKolber.com. You can pre-order her book on Amazon.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.

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.If you'd like to learn more about Eric visit www.beyondyourhammock.com or follow him on Twitter @BeyondFinances.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.

In a special bonus episode of So Money, we're answering some of your biggest questions about investing and the stock market with Liz Ann Sonders, Chief Investment Strategist with Charles Schwab. Over the next two months, So Money and Charles Schwab are teaming up to bring you rich conversations and advice around important topics that are important to all of us.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.[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.The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.All expressions of opinion are subject to change without notice in reaction to shifting market or other conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. The above mentioned companies should not be construed as a recommendation or endorsement.Investing involves risk, including loss of principal.Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.Diversification, Periodic investment plans (dollar‐cost‐averaging), and asset allocation strategies do not ensure a profit and cannot protect against losses in declining markets.Rebalancing a portfolio cannot assure a profit or protect against a loss in any given market environment. Rebalancing may cause investors to incur transaction costs and, when rebalancing a non‐retirement account, taxable events may be created that may affect your tax liability.Indexes are unmanaged, do not incur management fees, costs and expenses, and cannot be invested in directly.The S&P 500 Index is a market-capitalization-weighted index comprising 500 widely traded stocks chosen for market size, liquidity and industry group representation.]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.

Today we’re welcoming stay-at-home mom turned Entrepreneur & Founder, Alli Webb. About 10 years ago, Alli started a mobile blowout service where she’d drive around in her car in Los Angeles and give clients blowouts in their homes. She realized there was a ton of demand for this service and that women were willing to pay $40+ per blowout. From there she decided to create a salon just for blowouts and DryBar was born.With the help of her brother, who came on as CEO, Alli Webb has grown her business into more than 100 locations with over $100 million in revenue. The secret, she says, is consistency.  Alli and her brother also have a new podcast called  “Raising the Bar with Alli & Michael” which launched on July 25th. On the series, Alli and Michael speak to budding entrepreneurs, and share what it takes to risk everything on a great idea in hopes of turning it into a multi-million dollar business. 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.

Cristina Alger is a celebrated fiction writer who just came out with her third book, The Banker’s Wife, a financial thriller that unveils the personal lives of the financial world's movers and shakers.Cristina is a former Goldman Sachs analyst and a former Manhattan corporate attorney who grew up in the city, attended some of the best schools in the nation, and sadly, lost her father - a well known finance executive - during the 9/11 terrorist attack.We talk about her creative process for developing The Banker's Wife, how her personal life and experiences inspired and influenced the book and financial lessons learned growing up as the daughter of a top finance executive.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.

A career conundrum, student loan concerns and doubt about an extravagant Lego purchase. So Money listeners get their questions answered by Farnoosh and special co-host Chantl Martin, an avid listener and founder of Thrive Lounge.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.

Ever tried to enroll your child in like an art class, or soccer camp, only to find out that it's completely full, or maybe you just found out about a great swim program right by your house, but wish you'd known about it years before? Today's guest is an entrepreneur who noticed this particular parent pain point, and she's on a mission to fix it and help make parents lives a little bit easier and help make kids’ lives more fun. Today, we're welcoming Marissa Evans Alden to the show. She is a former Rent the Runway Executive, and now the co-founder of a website and mobile app called Sawyer. Sawyer is a marketplace for children's activities and adventures and it's currently available in the New York, Chicago and LA metro areas, but soon to a neighborhood near you. Full disclosure, my husband Tim joined the Sawyer team earlier this year as a developer, but even before he began working there, he and I were fans of the site as two busy parents who are constantly trying to take advantage of what the city has in store for kids, and also so that we can keep them occupied, if you know what I mean parents. Marissa takes us through her journey of entrepreneurship, how she impressively raised investment dollars while pregnant and advice for those of us contemplating leaving our jobs to dive into a business of our own, and lest you think Sawyer is child's play, the company has raised millions of dollars to date. 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.

What do you get when you combine two business besties, 5 million podcast downloads and a brand new book? Today’s So Money guests, Co-Founders of the Being Boss Podcast: Emily Thompson and Kathleen Shannon. When Emily and Kathleen were growing up, they watched their parents head to 9 to 5 jobs and bring home steady paychecks, but each one of them through a series of events became creative entrepreneurs, eventually setting aside their day jobs in favor of launching their own businesses. The two friends combined their creative forces and started a podcast called Being Boss, where they've interviewed leading experts, including Melissa Hartwig, who is the co- creator of the Whole30 diet. Remember I went on that? It was actually one of the best diets I've ever been on. They’ve also interviewed me, although you will have to wait for that interview. It airs later in September, so really excited to bring on Emily and Kathleen to So Money ahead of that. Their podcast success has led to a book deal. It's called Being Boss and it just hit shelves a few months ago. 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.