862: Chanel Reynolds, Author of What Matters MostSo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
If your partner died today, would you have your shit together? Today’s guest is Chanel Reynolds. She’s the author of the brand new book What Matters Most: The Get Your Shit Together Guide to Wills, Money, Insurance and Life’s “What-Ifs.” After Chanel’s husband passed away unexpectedly, she realized she had no idea how to access any of their financial documents. She didn’t know how to pay her mortgage. She didn’t even have the password to his phone. And, as she was in the middle of the worst moment of her life, she couldn’t help but think that there must be other people out there who were just as unprepared as she was.
She started writing about her experiences on her website aptly called Get Your Shit Together. What followed was tons of website visitors, mentions in the medias, and hundreds of stories from people who, much like her, were unprepared for life’s most brutal moments.
Although she never expected to be in this position, Chanel has used a tragedy and has used it as a tool to help others be more prepared than she was.
Learn more about Chanel at www.GetYourShitTogether.com and www.GYST.com.
861: Chris Taylor, Senior Money Correspondent, Reuters MoneySo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
We are in conversation today with one of the top financial journalists in the country. We have Chris Taylor on the show. He’s an award-winning journalist, senior money correspondent at Reuters Money and contributor to Fortune and cnbc.com. We’re talking about his money perspectives. This is his first podcast interview. I didn’t know this until we wrapped, pretty flattered, and the lessons he’s learned from interviewing some of the world’s biggest money minds. We talk about why Chris considers Jack Bogle, founder of Vanguard who recently passed away, to be one of the greatest financial role models of all time, as well as Chris’ dedication to writing handwritten thank you cards daily and the current state of financial journalism. Where’s the media world headed?
Follow Chris on Twitter @christaylor_nyc
860: Ask Farnoosh: How to financially support parents in their retirement?So Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
This week's question touch on ways to financially supporting parents in their retirement, how to set up a Roth IRA, deciding whether to take a lower paying job and factors that impact our credit scores. Special co-host is Morgen Rochard, founder of Origin Wealth Advisers, an independent, fee-only practice dedicated to helping young families and professionals align their finances with their life goals. She is also the founder of Money Owners, a financial and executive coaching practice, helping clients create their mindsets around money, career and building businesses. In both her businesses, Morgen encourages clients to live how they want to live, be who they want to be, and achieve what they want to achieve with their money. Morgen is also a CERTIFIED FINANCIAL PLANNER™ and a Chartered Financial Analyst.
859: Jonathan Walker, Executive Director of Elevate's Center for the New Middle ClassSo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
One of the most financially fragile demographics in this country is women who have none prime credit scores. They are a part of the new middle class and these are women who experience challenges unlike many other parts of the population because they are often mothers, caretakers to elderly relatives, and the people in charge of their households. Their financial wellness matters to many people in their families and in their communities.
We’re tackling this important topic today and our guest is spearheading research to better understand and help these women and all members of the new middle class. Jonathan Walker is the Executive Director of Elevate's Center for the New Middle Class. There he conducts research to better understand the behaviors, the attitudes and challenges of America’s growing “new middle class”. We discuss what is the new middle class, what are the specific challenges that they have, and how is the new middle class forming and shaping our country’s economics.
Follow Elevate’s Center for the New Middle Class on Twitter @NewMidClass and learn more here.
858: Kara Perez, Founder of BravelySo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
Our guest today discovered her love of money, courtesy of her quarter-life crisis. Kara Perez is the founder of Bravely, which she started in 2017. At that time, she was in the midst of what she calls a quarter-life crisis. She was broke, saddled with student loan debt, she had no career direction. She realized that what was holding her back was her lack of financial knowledge. She buckled down and paid over $25,000 worth of debt on a $30,000 salary.
Today, her online site Bravely shares hopeful financial steps. Kara also speaks across the country about personal finance. Kara and I discuss some of the steps that women and men and society need to take in order to achieve things like gender wage equality, financial literacy for all and how she herself managed to work her way to financial freedom.
Learn more about Kara Perez by visiting BravelyGo. Listen to her podcast and follow her on Instagram @ByKaraP.
857: Ask Farnoosh: All About That Roth IRASo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
On International Women's Day, Farnoosh invites financial expert Megan Gorman to co-host. Topping the list of questions: how to save for retirement and the benefits of the almighty Roth IRA.
More about Megan: She spent her entire career working with high net worth individuals and families on their entire financial picture. An attorney by training, Megan’s passion about personal finance is all about the complex problem solving required to work with sophisticated clients especially in the areas of tax and estate planning.
To learn more about Megan, check out www.thewealthintersection.com and be sure to follow her on Twitter: @wealthintersect and Instagram @thewealthintersection.com.
856: Tonya Rapley, Founder of MyFabFinance.comSo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
Tonya Rapley is the millennial money expert and creator of the award-winning site, My Fab Finance. In 2014 she was deemed the “New Face of Wealth Building” by Black Enterprise Magazine and featured as their cover subject. A millennial herself, Tonya’s mission is to help millennials break the cycle of living paycheck to paycheck so that they can become financially free and do more of what they love. She is the creator of the #BanishTheBalance challenge, a debt elimination challenge that helped over 4,000 participants pay off more than $200,000 of debt in sixty days.
Selected by TV One as a modern day history maker, Tonya is a full-time entrepreneur and tours the country providing workshops for private and nonprofit clients. Her client list includes Fidelity Investments, Prudential, the National Endowment for Financial Education and FinCon ( the financial blogger's conference). Tonya has spoken at Bloomberg, Essence Fest, Millennial Week, PepsiCo, the Blogging While Brown Conference, BlogHer, Circle of Sisters and a host of colleges and universities.
You can learn more about Tonya at www.TonyaRapley.com and www.MyFabFinance.com. Also, follow her on Instagram @Tonya.Rapley and @MyFabFinance.
855: Rachel Rodgers, Founder of HelloSeven.coSo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
We're unpacking some of the real reasons, the real issues behind why women struggle to achieve financial independence. My guest today is the one and only Rachel Rodgers. She is as her bio describes, a woman of color, a mother of four and a seven-figure business owner in that order.
Rachel started her career working as a lawyer with nonprofits, federal judges and Hillary Clinton, when she realized that changing the world is easier when you have some cash in your bank account. She decided to build a million-dollar business and then teach other women how to do the same.
In fact, she talks about on the show today how you can't really be a feminist if you're broke. Rachel is also the creator of the Million Dollar Badass Podcast. Got to listen to that. Fasten your seatbelts, diving into motherhood, money and making it work, all while refusing to apologize.
Learn more about Rachel by visiting her website www.helloseven.co and follow her on Instagram @RachelRodgersEsq
854: Ask Farnoosh: Saving for a Home, Buying Life Insurance and Boosting CreditSo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
Co-host Allison Task, coach and author of Personal Revolution joins Farnoosh to answer your top money questions related to real estate, life insurance, long-term care insurance, credit scores and starting a podcast. Note: Farnoosh misheard the listener's question related to long-term disability and thought she asked about long-term care, to clear any confusion.
853: Dr. Anna Cabeca, Author of The Hormone FixSo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
Dr. Anna Cabeca is a triple board certified Ob/Gyn physician who found herself feeling exhausted, depressed, and diagnosed with early menopause as the young age of 38. Despite being a physician, she was unable to solve her own health problems, and colleagues didn’t offer viable solutions, either. So, she set out on a journey to discover how to recapture her health, and created a new, thriving business in the process.
As a menopause and hormone expert, Dr. Cabeca has changed the lives of women across the globe, connecting to others through humor, honesty and passion. She’s been featured in national media, has created her own line of products, and just recently published a book called The Hormone Fix: Burn Fat Naturally, Boost Energy, Sleep Better, and Stop Hot Flashes, the Keto-Green Way.
To learn more about Dr. Anna Cabeca, please visit www.drannacabeca.com or follow her on Twitter @AnnaCabeca.
852: Maria Aspan, Author of Startup Money Made Easy.So Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
Thinking of starting a business? Wondering how much money you’ll need? Well, our guest today says it’s not as much as you might think. Our guest today is Maria Aspan. She’s an award winning business journalist and editor at large at Inc. Magazine where she writes about personal finance, startups, technology, finance, and gender.
Before working at Inc., Maria covered business and finance for the New York Times, American banker, where she was the national editor and coverage of the 2008 financial crisis and its aftermath, which she says was a turning point in her career. She’s here to tell us about her new book, Startup Money Made Easy. It is The Inc. Guide to Every Financial Question About Starting, Running, and Growing Your Business.
The book focuses on a lot of the commonly held beliefs that people have about raising capital to start their dream business and she debunks some of these mindsets. She also uses her years of experience, research, and conversations with successful CEO’s to demystify the startup money process for entrepreneurs to be. Plus, Maria dives into her own money and career journey, as she climbed the ranks of the news business. Today, she is an editor at top publications.
To learn more about Maria, visit her website at www.MariaAspan.com and follow her on Twitter @MariaAspan.
851: Ask Farnoosh: How to Financially Prepare for Baby?So Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
How to financially prepare for a baby? Do I need to contribute to a Roth IRA if I have a 401(k)? How can I re-emerge in the workforce as a mom who took a few years off? Ask Farnoosh returns with great questions from listeners.
Introducing One Plus OneSo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
Description: Every great collaboration is a love story. It’s intense. Passionate. Along the way, there are flashes of love, hate, pride, ego, ambition, and brilliance. This is One Plus One, the show about the spark that drives two original thinkers to ultimate success. We’ll unearth the stories of Paul McCartney & John Lennon, Frida Kahlo & Diego Rivera, Beyonce & Jay-Z, Shaq & Kobe, and many more, and learn what it is about their chemistry that led them to greatness.
Subscribe to One Plus One today at wondery.fm/large
850: Casanova Brooks, Real Estate Expert and AuthorSo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
Our guest today is Casanova Brooks, a young man who battled cancer in his teens, lost his home, lost his job and experienced the death of his mother all within the span of one week. Hitting rock bottom, he says gave him the confidence to take on new challenges, take on a growth mindset and rebuild his life. Today is one of those episodes where you're just going to hear the most inspiring story of a man who persevered and now only at the ripe age of 31, has completely rebuilt his life. Casanova today is a successful real estate expert, having locked in 46 real estate deals in his first year as an agent. All this, working in a new city, where he had no family, no friends, no network. His outlook on life has awarded Casanova invitations to speak all over the world. He's also the author of the book Real Estate: Play the Game Like the Winners. We're going to talk about the steps he took after hitting rock bottom, his take on real estate these days and how to evaluate risk in your financial life.
Learn more about Casanova Brooks at www.CasanovaBrooks.com, and on Instagram @Cassanova_Brooks.
Get a free copy of Real Estate: Play the Game Like the Winners. Just pay for shipping.
849: Casey Erin Clark, Vital Voice Training Co-FounderSo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
What is the right way to speak? How and why can your voice be a mask to help you accomplish the goals you hope to achieve? Today we are chatting with Casey Erin Clark. She’s the cofounder of a business called Vital Voice Training, which is a voice and speech coaching company on a mission to empower women and change ideas around what women are supposed to sound like. What are we supposed to sound like, you know? We talk about this as well as vocal fry, what is it, do you have that and does it even matter? Casey’s business, by the way, was born from a career heartbreak. She grew up with a goal to be on Broadway and she had numerous career successes from being in a number of off Broadway musicals, she performed at the Oscars, she was a member of the Les Mis national tour but when she tried to get the part to perform Les Mis on Broadway after the tour, she didn’t get the part, and we’ll learn how she went from this huge heartbreak to a breakthrough, working as a singing coach and running Vital Voice Training with her cofounder.
Learn more about Casey at www.VitalVoiceTraining.com and follow her on Twitter @CaseyErinClark.
848: Ask Farnoosh: Help! My partner won't talk about our finances.So Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
This week on Ask Farnoosh, listeners ask about how to manage money in your relationship when a partner doesn't like to talk about money, how to properly share your personal income with co-workers and how much risk should someone in their 20's take on in their retirement portfolio? Listener and personal finance enthusiast David Fox co-hosts with Farnoosh.
847: Cate Luzio, Founder of LuminarySo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
So often we hear about startups taking investor dollars, or venture capital, or taking on debt to start a business. Our show today highlights one woman, Cate Luzio, and how she, thanks to her consistent savings over the years, afforded her own way to launching her business and becoming an entrepreneur.
She just decided a year ago to launch Luminary; a new collaboration hub in New York dedicated to providing women with a beautiful and functional space to work and grow their network. Prior to forming Luminary, Cate was the Executive Vice President and Global Head of multinational corporate banking at HSBC. There, she was responsible for roughly $2 billion = in revenue and teams globally in 55 countries.
Cate and I discuss the impetus for her transition into entrepreneurship. We also talk about the reasons behind what seems to be a stagnant level of women in the workplace since the 1980s. Also, couldn’t let her go without asking her about some of the money memories from childhood that shaped her perspectives today.
To learn more about Cate and Luminary, please visit https://www.luminary-nyc.com/ and follow her on Instagram @BeaLuminary.
846: David Burns, The Business MonkSo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
We’re getting philosophical - financially philosophical - on the show today. Our guest is David Burns, founder of The Business Monk. Those are two words I never thought I’d say together, but David is convinced you can pursue business and have it become a path to spiritual awakening.
Through his work as a coaching consultant, David helps entrepreneurs and CEOs learn to stop working themselves to death. He teaches his clients how to replace false beliefs, manifest money, stop repeating bad habits and pursue more depth in their personal relationships. Got to say we’re lucky, because we’re getting David all to ourselves to learn from his playbook here in the next 30 minutes.
Learn more about David Burns on www.TheBusinessMonk.com.
Follow him on Instagram: @business.monk
845: Ask Farnoosh: Is it OK to pause 401(k) to save for a home?So Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
Lindsay Bryan-Podvin joins Farnoosh to co-host this week's Ask Farnoosh. Lindsey is a listener of the show and founder of www.mindmoneybalance.com. She is a practicing financial therapist in the Midwest, with a background in mental health research and psychotherapy.
Questions this week: What do you think about not investing in my 401k to aggressively save for a down payment on a house? My investment portfolio has returned less than my savings account in the past year. What am I doing wrong?How do I monetize my podcast?
844: Susan Packard, Co-Founder HGTV and AuthorSo Money with Farnoosh Torabi - Stories of Personal Finance, Entrepreneurship, Financial Success, and Money Strategy add
We all know what emotional intelligence is for the most part, I think, but what about emotional fitness? We're talking to Susan Packard. She's the author of Fully Human: Steps to Grow Your Emotional Fitness in Work, Leadership, and Life. It comes out this month.
Susan is a pretty big deal. You may know her by the brands that she has built. Most notably, she helped to build TV brands like CNBC and the Food Network. She was the second employee and COO of HGTV, which is my favorite channel. Later, they sold HGTV for $15 billion in 2018.
Susan's career has now led her to thought leadership, speaking, writing. Her latest book again is called Fully Human. In it, she shares insights that she gained during her years at places like HGTV. Susan believes there's a gap between what we know about emotional intelligence and how we live. In this book, she offers invaluable tools that bridge that gap. We talk about her upbringing in Detroit, managing money in her marriage and navigating very male-dominated industries as a leader and executive.
To learn more about Susan, please visit https://susanpackard.com/. You can follow her on Instagram @susanpackard and on Twitter @PackardSusan.