So Money with Farnoosh Torabi

This episode is probably my quickest interview yet...but it should come as no surprise, as today’s guest is the one and only Peter Shankman, author of Faster Than Normal. Indeed, this interview was fast…and anything but normal. And that’s why I think you’ll love it. Peter, as he describes in his bio, is a "spectacular example of what happens when you merge the power of pure creativity with Attention Deficit Hyperactivity Disorder (ADHD) and a dose of adventure, and make it work to your advantage." Peter is an author, entrepreneur and corporate keynote speaker. He is famous for founding HARO, which stands for Help a Reporter Out. It is the most popular sourcing service in the English-speaking world, connecting journalists and bloggers with relevant expert sources to meet journalists’ demanding deadlines and enable brands to tell their stories.  He built and sold this fast-growing website in 2.5 years. Again, faster than normal.Peter has some unconventional beliefs around money. For example, if you want to make more money, you have to first spend it. He offers some specific examples. Plus where to invest your money this year? It involves a four-letter word :)Peter’s book is Faster Than Normal. For more visit Shankman.com. He is on Twitter @PeterShankman.For more visit www.somoneypodcast.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.

Today’s show is a little bit of a throwback for me because it involves going down memory lane. I’ve not only been a subscriber of this magazine, but you might know I was also an employee, an intern in fact, in the past. It’s where I got my first start in the biz and in journalism.Joining me on today's show is the new editor-in-chief of Money Magazine, Adam Auriemma. Since taking on this prominent role, Adam’s helped lead money.com to more than 10 million unique visitors – an all time record! Prior to working for Money, Adam was at Fusion and also the Wall Street Journal.Adam and I talk about some of the more hidden satires when it comes to personal finance. What does he think are some of the under reported topics? We also talk about how he got into the money space as someone whose first job was working in a grocery store earning $6 an hour. Plus, why he calls himself an aggressive saver – it’s not just a coincidence.For more visit www.somoneypodcast.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.

My husband and I will be quitting our jobs later this year to travel globally for a year. Aside from savings and insurance, what should we consider?My husband and I contribute to our retirement, savings and children's 529 plans. Should we be adding to these buckets or putting our money elsewhere?What are risks to consider when renting out part of your home?Answering these questions and more with co-host and marketing consultant Erica Gellerman.To learn more about Erica visit www.ericagellerman.com or follow her on Twitter @ericagellerman.For more visit www.somoneypodcast.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.

I have a question for you: What would it be like to have a bank balance with 9 zeros? A billion dollars? What does it take to reach that amount? Our guest today, Mitch Cohen, co-wrote a book answering that question. It’s called The Self-Made Billionaire Effect.There are more billionaires walking the planet today than ever before. Jeff Bezos, Mark Zuckerberg, Sara Blakely. According to Forbes, 2017 was a record year with the number of billionaires climbing 13% to 2,043. And 56 of them are under the age of 40!But there are only about 800 or so self-made billionaires, according to Mitch. He shares some of the characteristics of these wealthy individuals including an empathetic imagination and patient urgency (sounds conflicting, right?)Mitch has spent over 30 years in the financial industry. He is a retired Vice-Chairman at PricewaterhouseCoopers, where he served as a partner for over 20 years. It was there that he got the opportunity to meet and analyze the work and mindsets of some of the richest people.I also want to highlight that Mitch is a fellow Penn State alumni and he and I both serve on the Board of Visitors at the Smeal College of Business there.  Fun Fact: Mitch was a Human of New York profile...You know, those incredibly candid portraits of New Yorkers doing random things with some of the most captivating and moving captions. He shares that experience as well. To learn more visit www.somoneypodcast.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.

If you like financial podcasts then I think you’re going to be happy to know that today we are featuring a very successful top female financial podcast host and certified financial professional, Shannah Compton Game.She’s the host of Millennial Money. It’s a daily podcast catering to millennials and young adults, boasting over three and half million downloads since launching about three years ago. She and I are doing crossover interviews today. So, if you check out her podcast you can hear her interview me. It's really wonderful to connect with a fellow female podcaster in this space.Shannah and I go deep. We right away began talking about the financial lessons she learned from her divorce, the most surprising thing that she learned about millennials and money in doing her podcast and the number one piece of advice that she has for women.To learn more about Shannah visit shannahgame.com or follow her on Twitter @shannahgame.To learn more visit www.somoneypodcast.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.

What's your advice regarding the stock market? How do I protect my gains from the last 7-8 years?What’s your advice on asking for a raise while working for a non-profit?How do I continue my salary negotiations when I’ve already had the conversation about 10 times and I keep hearing “yes, you’re in line once the budget frees up?Answering these questions of yours and more with co-host and CFP Amy Irvine.To learn more visit www.somoneypodcast.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 much are you paying in 401(k) fees?A lot of us listening to this show, we have 401(k), or 403(b)’s and the like. These are retirement plans typically offered through our employers. Have you really ever taken the time to figure out how much you’re being charged in fees to invest to these portfolios?Today’s guest is Josh Jenkins-Robbins. His mission in his career, and in his life really, is to pull back the veil on all the excessive fees he claims these 401(k) plans charge. He is the Chief Strategy Officer at America’s Best 401(k). There, they try to save investors up to 40% in fees.On the show, we talk about why the 401(k) market needs disrupting and how we can all reduce our fees, and maybe even play some catch up in our retirement accounts if we feel behind. It’s worth mentioning that Josh is also Tony Robbins’ adopted son. As we know, Tony is the number one life and business strategist in the country. He was also my very first guest on So Money. I had to ask Josh what it was like growing up with Tony as head of the household and how their relationship influenced his money mindset.To learn more visit www.somoneypodcast.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.

Do you feel like you’re quarter-assing your way through life and work?Our guest today is Abby Lou Walker, a former corporate executive turned entrepreneur. Her pivot came as she discovered she was unfulfilled at work and taking her stress and disappointment home to her family where she was the mom of two young children...and as she described, quarter-assing her way through work and life. Never feeling like she was really successful in either realm.So, Abby turned to a creative outlet for some release - blogging about shoes for just 1 hour per week. While blogging, she made a chance discovery about an untapped market and the rest is history.Today Abby Walker is the CEO of Vivian Lou, a 7-figure company that creates comfortable insoles for high heeled shoes. She is also the author of the new book Strap on a Pair: A Middle-Aged, Middle-Management, Middle-Class Mom's Quest for Something More.Abby shares how she overcame some of her personal limiting beliefs around earning money, why she equated being rich to being an absent parent and the financial benefits of a practice called EFT.To learn more about Abby visit www.vivianlou.com or follow her on Twitter @iheartvivianlou.To learn more visit www.somoneypodcast.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.

Is my debt to income ratio too high to be considered for a mortgage?What ways are good ways to payoff my mortgage faster?My new job offers a 3% match for our 401K. What are my best options for my current 401k ($150K+)?  Do I rollover into the new plan? An IRA?Answering these questions of yours and more on this week's Ask Farnoosh with co-host and former So Money guest Erin Lowry of Broke Millennial.To learn more or share your own question for an upcoming Ask Farnoosh visit www.somoneypodcast.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.

I’m excited to welcome back today’s guest, Jennifer Hemphill, who is a friend of the So Money show. You can listen to her first episode, #117, but today she’s back because she has some exciting news: Her book, Her Money Matters: The Missing Truths From Traditional Money Advice, launched on February 13.    For those of you who didn’t hear her first episode, here’s a little bit about Jen: She’s an accredited financial counselor, blogger, podcaster, military wife, mother of two, and now, author.One thing that sets Jen apart is that she gets to the root of how our emotions and upbringing affect our money stories. Today we’ll be talking about:Forgiveness. Why and how to forgive yourself when it comes to your financial setbacks.Whether or not budgeting is necessary - Plus, a critical piece about budgeting few talk about.Why most of us are only getting 10% of our financial life right.To learn more visit www.somoneypodcast.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.