logo
episode-header-image
Sep 2018
36m 14s

788: Ask Farnoosh: What should I do with...

Farnoosh Torabi
About this episode

Special co-host Jamila Souffrant, founder of Journey to Launch, is back on the show, this time co-hosting and helping answer a wide range of questions from So Money listeners.

Today's questions: Is it better to make an additional principal payment on a mortgage each month or invest in an index fund? What to do when you're in your 60s with no savings or retirement? What can a professional woman in her late 20's - who wants children one day - do to prepare best for the time and money constraints of parenthood?

To learn more about Jamila, visit JourneytoLaunch.com. You can also follow her on Instagram.



Hosted on Acast. See acast.com/privacy for more information.

Up next
Yesterday
1850: New Grants for Small Business Owners in Midlife (Plus: Amazon Prime Day Deals)
Today’s guest has long been a trusted voice in the world of smart shopping and consumer advice, and now she’s turning her attention—and resources—to a new mission: empowering midlife entrepreneurs. Trae Bodge is a journalist, television commentator, and consumer expert who’s help ... Show More
29m 22s
Jul 7
1849: The Psychology of Wealth: Money, Meaning, and Mental Well-Being with Dr. Daniel Crosby
Dr. Daniel Crosby is a psychologist, behavioral finance expert, and New York Times bestselling author. His works, The Laws of Wealth and The Behavioral Investor have transformed how we think about investing by shedding light on the emotional and cognitive biases that often shape ... Show More
33m 3s
Jul 4
1848: Ask Farnoosh: Big Beautiful Bill Winners and Losers
It’s July 4th—a day for fireworks and freedom—but this year, we’re confronting a very different kind of spark. In this special holiday episode, Farnoosh breaks down the controversial “Big Beautiful Bill,” passed by the House. The sweeping legislation includes massive tax cuts for ... Show More
24m 20s
Recommended Episodes
Apr 2024
Rich Girl Roundup: How to Financially Prepare for Children—Before You Have Them
We're always told how expensive children are once you have them—but how do you prepare for them financially before they're here? How should you adapt or shift your budget when it comes to doctor's visits, insurance policies, TTC tools, and more? Welcome back to #RichGirlRoundup, ... Show More
22m 23s
Mar 2023
Introducing: What Should I Do With My Money?
If you're a listener to Thoughts on the Market you may be interested in our new podcast: What Should I Do With My Money? ----------------Managing our money can be ... a lot. It's one of the most important aspects of our lives, and yet, many of us just muddle through, without any ... Show More
2m 50s
Dec 2023
Ask HTM - The Wrong Fidelity Account, Geographic Arbitrage, & Financially Preparing for a Baby #760
Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guid ... Show More
51m 56s
Jan 2022
Ask Paula: I’m Worried My Parents Are Getting Ripped Off By Their Financial Advisor … Help!
#360: I’m worried my parents are getting ripped off by their financial advisor. What should I do?My wife is trying to qualify for student loan forgiveness … but we might lose a bunch of tax benefits in the process. Is it worth the risk?I’m enrolling in grad school, and I want to ... Show More
57m 49s
Jun 2021
196: Starting Over Building A Life Focused On Financial Wellness + Tips For Single Moms
In today's episode, Anita Dakara shares how she started over with building a life focused on financial wellness and key tips for single moms navigating a fresh start. . Anita is a Nigerian woman who calls Atlanta home. She has been blogging on and off since 2012 at www.berrydakar ... Show More
43m 19s
Jan 2024
Ask HTM - Rule of 55 and Early Retirement, 5% Down Payments, & Transitioning a Kid to Financial Adulthood #772
Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guid ... Show More
43m 31s
Sep 2023
Rich Girl Roundup: What Do I Do Financially in My 30s?
There's a lot of financial advice out there about what to do in your 20s—but what about your 30s? We also chat through a few pieces of feedback from last week's Rich Girl Roundup on taxes. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's E ... Show More
27m 20s
Oct 2019
Mom & Dad’s Money Advice is Kind Of Wrong
The money rules that your mom and dad and previous generations lived by no longer work. As a millennial, you are seeing a very different world. This new world means you’ve got to know what advice still works and what advice just doesn’t cut it anymore.Join me in a solo episode as ... Show More
35m 51s
Nov 2021
Ask HTM - Buying a Home to Fight Inflation, Ethical Conundrum By Receiving Co-Pay Assistance, & Financial Priorities After Having a Baby #442
We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask/ , send us your voice memo. Regardless of how random or bizarre you might think it is, ... Show More
47m 38s
Mar 2024
Rich Girl Roundup: Is the "30% on Housing" Rule Still Useful?
We've got some range for you today: Dissecting the recommendation to spend 30% on your housing (and if it's outdated), stories of folks receiving inheritances and homes from their parents, and a social experiment on gender and appearance. Welcome back to #RichGirlRoundup, Money w ... Show More
30m 24s