So Money With Farnoosh Torabi

Today’s show: The benefits of credit cards, recommended stock portfolio allocations and resources for helping kids learn about money. Plus: How to execute a rollover or backdoor Roth IRA? (Questions are an encore from April 19)

With a frozen housing market and a lack of housing supply, what's the best way to navigate the housing market? Should you become a lifestyle renter? Guest Daryl Fairweather is a trusted source in the real estate market. As a female, millennial, and woman of color, Daryl brings a fresh perspective to housing topics and economics. She shares insights into what's driving the current housing market, where prices may go in the future and the long-term trends are affecting housing.

We can bury the #girlboss, but what comes next? Guest Samhita Mukhopadhyay is the former executive editor of Teen Vogue and author of the new book The Myth of Making It: A Workplace Reckoning, in which she tells her personal workplace reckoning and argues for collective responsibility to reimagine work as we know it.

Today’s show is about managing and making the most of an inheritance and other windfalls. The Great Wealth Transfer is unfolding, with a record number of assets passed down from generation to generation. Members of our audience have specific questions about this, and to help answer our questions, we have Pam Krueger, who is the founder of Wealthramp, a platform that matches you with qualified, pre-vetted, fee-only financial advisors that fit your priorities and preferences. Visit Wealthramp.com/farnoosh to learn more. Also joining is Marienela Collado, CFP and CPA for Tobias Financial Advisors.

On today's show, a conversation about financial wellness and resilience with Keri Glassman, a renowned health expert who understands firsthand how to rebuild your financial life after a financial crisis. The infamous financial criminal Bernie Madoff deeply affected Keri's family and their finances.More about Keri Glassman, MS, RD: She is a nationally recognized Registered Dietitian, acclaimed author, and in-demand media personality who has spent over two decades empowering individuals to lead healthier, happier lives. As the founder of the award-winning lifestyle and media company Nutritious Life, and the education platform Nutritious Life Studio, Keri has touched the lives of millions worldwide with her science-backed, holistic approach to wellness. Listen to Farnoosh on Keri's podcast talking about ways to cope with financial stress.

Guest Carrie Kerpen, the founder of the agency Likeable, sold her business for 8 figures and teaches women founders how to successfully exit their businesses.In the financial world, there are many gender gaps: the wage gap, the investing gap, the funding gap, and the "exit" gap, where exclusively female-founded companies capture a minuscule 0.8% of the total exit value. Carrie shares tips on how to prepare your business for an acquisition. For more of Carrie's insights, check out her podcast, The Exit Whisperer, and The Whisper Group, her exit-readiness advisory firm dedicated exclusively to women-owned businesses.

This episode aired originally on Friday, May 31.Pam Krueger, founder of Wealthramp, joins to help answer audience questions about the ins and outs of life insurance, investing in the U.S. stock market, and credit card debt relief. Listen to Pam's interview from earlier this month, discussing ways to find a great financial advisor. Wealthramp is a platform that has matched over 20,000 individuals with fiduciary advisors and financial planners since 2019 and boasts client retention rates exceeding 98%. Wealthramp’s vetted advisor network spans the country and offers diversity in geography, specialization, gender, and fee structure. Visit Wealthramp.com/Farnoosh to start your search today.

What are the secrets to having effective money conversations? Pulitzer-prize-winning journalist and author of the NYT bestseller Supercommunicators Charles Duhigg shares science-backed ways to communicate successfully about money, work, and life. This episode aired originally on April 3, 2024.

Guest Neha Ruch, founder of Mother/Untitled, discusses the often deductive ways society characterizes stay-at-home mothers and is on a mission to rebrand this role to bring more dignity and respect to parents choosing to take a break from their careers to support their children and families. Neha's forthcoming book The Power Pause: How to Plan a Career Break After Kids--and Come Back Stronger Than Ever is available for pre-order.

Learn more about the So Money members club and our monthly workshops here.How to prepare for the spring home buying season, pivoting in your career in your 40s, Roth rollover rules and more.The Q&A portion of this episode first aired on March 29.

Today's episode focuses on ways to manage financial stress and burnout. Guest Kate Northrup is a financial expert, author, and host of Plenty who believes paying attention to nature and your biology can help inform how and when to pursue growth and when to scale back. 

Today, we're in discussion with a a financially exceptional couple, Katie and Alan Donegan, who managed to quit their day jobs and retire when Katie was 35 and Alan was 40. We’ll hear how they calculated for this accelerated plan, how they’re living out their early retirement dreams, and advice for listeners on determining how much one needs to save for retirement. Learn more about the Donegans and their Rebel Finance School here. (This episode aired originally on May 27, 2024)

Today's episode dives into many of your biggest questions about retirement: How much is enough for a typical retirement? What are the best ways to save and invest towards this goal? Do I put it all into my 401(k) or spread it over multiple retirement accounts? What can we expect from social security? How to prepare for unexpected health expenses in retirement? Should I hire someone to manage my retirement nest egg? What's the best place to store my cash after selling my house in my late 50s? Co-host Pam Krueger is a longtime financial journalist and founder of Wealthramp, a platform that helps you find a fiduciary (i.e., trustworthy) financial planner. Visit Wealthramp.com/Farnoosh to get matched with a pre-vetted advisor.

How to create a 7-figure side hustle? Guest Rachel Rodgers is the CEO/Founder of Hello Seven, an award-winning company that teaches women, BIPOC, and LGBTQIA people how to build a seven-figure business and create generational wealth. She’s the author of We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power. Her new workbook, Million Dollar Action, is a companion to her bestselling book.

Whether you're an entrepreneur or not, retired or at the beginning of your career, most of us have personal brands. We're trying to push something forward, and much of what we've been taught about connecting with our audience and winning them over is not what *actually* works. Guest Leslie Zane is an award-winning marketer, TEDx speaker, and the foremost authority in harnessing the instinctive mind to accelerate brand and business growth. Her new book, The Power of Instinct, challenges conventional wisdom in business and brand building and teaches how the key to a brand's success is tapping into the unconscious mind.

Apply for Farnoosh's Mentorship Program.Today's show focuses on helping a listener who is an exceptional saver - but has no financial goals. How can she prioritize her spending? Also, navigating a future fiance's massive debt load and job interview red flags. Listen to hear how to win a free copy of Thank You, More Please. Mentioned: The So Money episode on Pre-Nups.

How can money be a real tool to help you achieve what matters... and less a reflection of your worth? Holly Trantham, author of the new book Beyond Getting By, joins to discuss ways we can build a sustainable, wealth-generating plan for the future. More about Holly: She joined The Financial Diet as a managing editor in 2016. She is now the team’s creative director, leading editorial strategy and branded campaigns.

**Book Giveaway** Leave a review for this episode in Apple Podcasts to enter to win one of 10 copies of Thank You, More Please.** Lily Womble, feminist dating coach and founder of Date Brazen, joins So Money to share advice from her new book, Thank You, More Please. Learn how to navigate the dating world without depending on matchmaking apps, and using "Essence-Based Preferences" to attract exactly what you desire in your love life.

Learn more about Farnoosh's mentorship program.This week's questions focus on smart budgeting frameworks, earning more outside a 9 to 5, dealing with high annual credit card fees and a pro tip for handling medical debt.

New York Times bestselling author of Take Back Your Brain, Kara Loewentheil, unveils her proven strategies for closing the "brain gap," and how women can reclaim their financial confidence in a patriarchal society.