Advertise on podcast: So Money with Farnoosh Torabi

Read the Amazon scam article in The Cut; Download Farnoosh's cribsheet for When She Makes More This week from the mailbag: Thoughts on playing the lottery, investing in real estate syndication, selling a home you inherited, and how much financial transparency is necessary in a marriage? Referenced on the episode: Interview with co-founders of GoodEgg Investment. Hosted on Acast. See acast.com/privacy for more information.

Is blind optimism or pessimism interfering with your ability to build the financial life you want? Today's conversation turns to compelling research and insights in a new book called Practical Optimism: The Art, Science, & Practice of Exceptional Well-Being by Sue Varma. Dr. Varma shares the key to thinking like a practical optimist, being more resourceful and realistic, and practicing thoughtful problem-solving during life's challenges, including financial uncertainty and setbacks. More about Dr. Varma: She is a distinguished psychiatrist and cognitive behavioral therapist in New York City. She served as the pioneering medical director and psychiatrist for the esteemed 9/11 mental health program at NYU. Alongside her clinical work, Dr. Varma holds the Clinical Assistant Professor of Psychiatry position at New York University (NYU) Langone Health. She regularly appears on the Today Show and CBS Mornings. Hosted on Acast. See acast.com/privacy for more information.

The "tradwife," short for "traditional wife" is a fast-growing lifestyle that emulates the 1950's housewife and can be seen everywhere on social media today. You may have encountered a tradwife on TikTok or Instagram; she's typically a full-time domestic caregiver, bows to her husband, and has little to no financial independence. Some accounts are a parody. Many are real. Some consider this a movement against modern feminism and the burnout culture so many women experience as they aspire to "have it all." Journalist and author Jo Piazza has been following the tradwife culture for the past year and shares her insights. More about Jo Piazza: She is a bestselling author, podcast creator of Under the Influence, and award-winning journalist. You can subscribe to her very popular Substacks: Over the Influence. Jo is the national and international bestselling author of The Sicilian Inheritance (which debuts in 2024), We Are Not Like Them, You Were Always Mine, Charlotte Walsh Likes to Win, The Knockoff, and How to Be Married. Her work has been published in ten languages in twelve countries, and four of her books have been optioned for film and television.  Hosted on Acast. See acast.com/privacy for more information.

This Friday: Farnoosh's financial and career advice for a 28-year-old Millennial who hopes to have kids one day, planning for retirement when you're in your 60s and have credit card debt, pensions, Roth IRAs and more. Hosted on Acast. See acast.com/privacy for more information.

We're exploring Loud Budgeting, a financial trend that originated on TikTok. How does it work? Is it a good strategy for everyone? Guest Stephanie Vaught is the founder of Social Money Finance, a personal finance company specializing in helping Gen X women make empowered financial decisions. She is also the co-founder of The Creators' Nest in Detroit, MI. Hosted on Acast. See acast.com/privacy for more information.

**Last day to secure a spot (for a while) in Farnoosh's So Money Members Club** It’s Valentine’s week, and my birthday week, so I’m kicking things off with a show topic that’s near and dear: Why women need to have their own money. Everyone should have their own money, but this message needs to be emphasized more for women who may sometimes feel it’s not their strength or role to make money or manage money in a relationship. The impetus for this episode was a New York Times essay entitled Never Rely on a Man’s Money. Maggie Smith writes about how her divorce was a shock that led her to a new vow: financial independence. We’ll get into her story and bring on our guest today, Maggie Johndrow, a partner and financial advisor at Johndrow Wealth. She’s one of my favorite advisors, and we share a common love for making women rich. We talk about what she sees in her practice; oftentimes, women come into post-divorce with financial regrets. What are those regrets? What are the absolute facts women need to know about their financial lives, and how can they insist upon more financial transparency and equality in their relationship? Hosted on Acast. See acast.com/privacy for more information.

**Be a founding member of Farnoosh's private So Money Members Club** This Friday: Farnoosh shares 5 strategies that have helped her build wealth over the years, and answers to audience questions about backdoor Roth IRAs and how to manage corporate stock options. Hosted on Acast. See acast.com/privacy for more information.

**Join Farnoosh's SO MONEY MEMERS CLUB and be a founding member. Enrollment ends soon.** Today: Imagine you arrive at retirement with no savings. Imagine living entirely off of your social security paycheck, which currently averages $1,900 a month. Guest Anne Tergesen is a reporter for The Wall Street Journal and offers insights from the article she co-wrote recently, "Here's What It's Like to Retire on Almost Nothing But Social Security." Hosted on Acast. See acast.com/privacy for more information.

**Be a founding member of the So Money Members Club** Today's show: How to bring your whole self to work...safely and successfully? How can Black women and people of color redefine their career framework on their own terms? Regina Lawless is the author of the new book Do You: A Journey of Success, Loss and Learning to Live a More MeaningFULL Life. Her mission is to help high-achieving Black women find purpose beyond their paycheck in order to experience more bliss in their lives and sustainable success at work and at home. Regina begins her new book describing a huge success — a home-run presentation she led to the head of Instagram where she ran their DEI Department -- followed by a profound loss, the death of her husband following a heart attack. Regina's choice to position these two personal stories in succession sets the tone for the book's message and much of our conversation. Hosted on Acast. See acast.com/privacy for more information.

Be a founding member of Farnoosh's So Money Members Club. This week on Ask Farnoosh: the truth about maintaining healthy credit, how to pay off student loans and credit cards at the same time, and is it wise to start a 401k at work if you don't plan to stay on the job for too long? Hosted on Acast. See acast.com/privacy for more information.

Noah Kagan is a serial entrepreneur and CEO of AppSumo and author of the new book, Million Dollar Weekend: The Surprisingly Simple Way to Launch a 7-Figure Business in 48 Hours. We delve into the top business ideas ripe for scaling in 2024, and how to know if you're personally ready for 8-figure success. Hosted on Acast. See acast.com/privacy for more information.

**Be a founding member of the SO MONEY Members Club** Today's guest is Vrinda Gupta, CEO & Co-Founder of Sequin, a women’s financial guidance and high interest banking membership club designed by women, for women. She is a globally recognized credit expert who helped launch the popular Chase Sapphire Reserve credit card at Visa Inc. and received her MBA from Berkeley Haas. Receive 40% off discount on an annual plan: sequincard.com/somoney Hosted on Acast. See acast.com/privacy for more information.