So Money with Farnoosh Torabi

We’ve got two wonderful guests today. A couple, in fact, David Auten and John Schneider, also known as the Debt Free Guys. They’re making headlines these days with their blog and coming out as financial leaders for their peers in the LGBT community. When John and David met, they were two guys living what seemed to be normal lives. They were in their 30’s, they were financial professionals but they also had $51,000 in combined credit card debt. So, in our conversation, we chat about how they got out of that debt, how for many years they’ve lived what they called a “double life," as two men who are fabulous, out partying, drive nice cars, have nice clothes, great jeans but secretly were saddled with over $50,000 in debt. And we also talk about the specific financial needs they’re recognizing amongst gay couples. We’ll also talk about wine. These guys are wine lovers, car lovers and so much more. David and John currently work in financial services but they plan to quit very soon to pursue their blog and speaking engagements full-time. For more information 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. How old were you when you discovered what you wanted to be in life when you were all grown up? I think I was maybe 11 or 12, I knew I wanted to go into news and journalism but then I got sidetracked and I did finance but hey, I found my way back. My guest today remembers vividly at three years old that she wanted to be a television anchor. And she did become a television anchor but it wasn’t without challenge. I first encountered Joya Dass when I was a graduate student interning at CNN. It was an incredible internship. I had a chance to go backstage at New York Fashion Week. I had a chance to work closely with some amazingly talented journalists and I got a chance to watch from the sidelines how anchors like Joya prepared for live shows and reported on stories from oil markets to student loans. Joya Dass is one of the first South Asian females to be seen on mainstream television in the United States. She’s been a business anchor for major networks for the last 15 years including CNN as well as ABC and Bloomberg and right now, she’s on the New York Stock Exchange floor every day for NY1 News and CBS. I just watched her give an incredible TED talk called Rethinking Failure, which we dive into on this podcast. We talk about what made her want to do that and the struggles that she had growing up in her family. In 2014, Joya was named the executive director of the South Asian International Film Festival presented by HBO. She also helms a documentary production company bearing her name. Joya is currently running a woman’s networking initiative called LadyDrinks. It champions the South Asian female entrepreneur. You want to listen to this interview because we talk about Joya’s determination with a capital D. That time in college for example when she went to the bursar’s office and the financial aid officer told her that no one had paid her tuition bill and she was not allowed to come back to school and she said, “Well actually, I’m going to figure this out” and so at the ripe age of I don’t know, maybe 19 or 20, she figured out a way to pay her own way through college.  We also talk about the entrepreneurial path of journalist today, why you need to think outside the box. If you want to be a TV anchor maybe you want to be TV anchor and other things because there’s not, as it used to be, a direct path to getting on television and being on television frankly isn’t the end all anymore. For more information 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, Betty Liu joins us on the show. She is the anchor of Bloomberg Markets, appearing each day from 10 AM to 12 PM ET and 3 PM to 4 PM ET.  She is also the creator and host of her own podcast program, Radiate, which airs every Tuesday. Betty is phenomenal, she is a single mom and having worked in business news for a very long time, she has interviewed some of the most influential people in business and politics and media including presidents, Jimmy Carter, Bill Clinton, Warren Buffett, Carlos Slam, Jamie Diamond, Elon Musk, and so many others. Throughout our conversations, I’m dying to ask her, what is it like to work behind the scenes at Bloomberg? She mentions her morning ritual, it may sound fancy to others but not to Betty. What Warren Buffett continues to teach her. He is someone that Betty has interviewed many times. Betty’s top splurge, it's five figures. For more information 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.

The holiday shopping season is a particularly vulnerable time for credit and debit card fraud but there are several ways that you can help to protect yourself. I've invited Leslie Maloney, Executive Director, Credit & Debit Card Fraud Prevention at Chase to join me on a special Ask Farnoosh episode dedicated to all-things fraud protection. I'm a financial education partner with Chase Slate and know personally that Chase is focused on protecting customers with its zero liability protection, 24/7 monitoring and chip technology.In this podcast, we explore:Debit or credit? Which is safer to use?How will the chip card effect holiday shopping with a credit card this year?What are some steps to ensure my credit card information isn't being compromised?What happens if my card gets in the wrong hands?For more information 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 guest today is one of my favorite people to chat women, work and money with. I always feel incredibly inspired afterwards. She is a total champion for women. Lea Goldman is the Executive Editor at Marie Claire magazine. There, she’s been at the forefront of bringing important stories to readers about how women can soar in their careers and simultaneously have fulfilling personal lives. Previous to working at Marie Claire, Leainterviewed billionaires and uber successful people for Forbes. She also serves as an adjunct professor at the School of Professional Studies at New York University. For more information 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 guest today is a former model turned serial entrepreneur, TV personality, and author. Lauren Maillian, at just 19 years old founded a boutique winery,making her the youngest self-made winery owner in the country. Since then, she has served as the founder and CEO of LMB Group, which is a strategic marketing company and is a founding partner at Gen Y Capital Partners, an early stage venture firm focused in investments in mobile and consumer facing technology enabled companies. Lauren’s passion in business is to marry marketing, branding strategy, and technology. She’s going to co-star in a new TV show in Oxygen this January called Create Your Day Job. She’s also the author of the best-selling business memoir, The Path Redefined. In our conversation, we learned how her father’s upbringing influenced her dedication and drive to becoming financial independent at a really young age. We talk about what does it take for a 19 year old to want to launch her own business? Keep in mind, she was doing this while in school and expecting a child. And her So Money moment when she sold her winery and why, she says, “You know what? I was really scared in that moment.”  For more information 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 guest is an author, blogger and certified life coach whose mission is to help people shed the emotional weight keeping them from finding fulfillment.  Laura Coe founded Emotional Obesity after undergoing her own struggle.  At 35 years old, Laura had everything one could want according to society - she had a high-powered career, beautiful home and car, healthy bank account, loving spouse, a child and great group of friends.  It was in this moment that Laura realized she was "Emotionally Obese" after suffering a build-up of pressure to conform to society's narrow definition of success.  Laura quit her job and looked into opening a yoga studio but found that practicing yoga and running a studio were two totally different endeavors.  Laura then returned to her first passion, studying philosophy to help find an answer to her problems. In taking up studying philosophy again, Laura realized that since the dawn of time, philosophers of the East and West have spoken about the importance of health and emotional well-being.  It was then that Laura's personal journey, her study of philosophy and development of an effective emotional health and fitness plan became Emotional Obesity. For more information 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 guest is a producer and director of notable films including Ben's Plan (2007) and now most recently The American Side (2014). Jenna Ricker studied acting at the prestigious NYU's Tisch School of the Arts and has received recognition in the industry ever since including the Mira Nair Award for Rising Female Filmmaker.  Her latest film is The American Side : She co-wrote and directed the movie which was hailed by the Hollywood Reporter as "an adrenaline-charged pop-noir mystery." The film will hit theaters next Spring and to expand its release she and her team have launched a Kickstarter campaign.Some takeaways from our interview... Jenna talks about being a woman – behind the camera, Jenna’s take on all the discussion in Hollywood and beyond about giving females a greater voice in cinema. And financing a film in 2015…how she convinced backers to give her over a million dollars for The American Side.For more information 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.

In today’s episode of Ask Farnoosh, special guest Alan Moore, co-founder of XY Planning Network, I answer your biggest questions about filing taxes after you get married, if it's possible to inherit your parents debt after they pass, student loan debt from your husband's first marriage and more.Alan joined me on So Money last month. To catch his interview, click here. And if you’d like to keep up with Alan, follow him on Twitter @R_Alan_Moore.For more information 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 next guest and I go way back. Alix Steel and I were the first two women hired to work at TheStreet.com TV where we covered the markets, interviewed CEOs and did many a videos with Jim Cramer, the co-founder and host of Mad Money on CNBC. It's why I’m so thrilled, so proud to see her reach such heights in her career. She is now a star anchor at Bloomberg News.Alix anchors Bloomberg Markets from 12 to 2pm each day and co-hosts What’d You Miss? Bloomberg TV's flagship markets program which airs weekdays from 4:00-5:00pm. Alix resides in Brooklyn where she and her husband raise a beautiful little girl born just around the time Evan was born. [We’ve YET to organize that play date.] In our interview we catch up on old times, talk about the day she made MORE money than she ever thought possible and as the breadwinner, strategies for creating financial security in her marriage. For more information 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.