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Ask Farnoosh
“I’m a recent college graduate and I really want to learn more about how I can best invest some money and how much I should start out investing? Do you have any recommendations for this millennial starting out?”
“I’m a recent college graduate and I really want to learn more about how I can best invest some money and how much I should start out investing? Do you have any recommendations for this millennial starting out?”
“Out of discontentment comes people spending money that they may or may not have, to keep up a lifestyle that they think everyone else is living but they’re missing out on. Every post on social media is everyone’s best foot forward. It’s like a highlight reel.”
“I thought we would work exclusively with authors who are self-publishing to give them the same experience that traditional authors have in-house. But the reality is that most of our authors actually intend to publish traditionally.”
“A few of the So Money guests lately have suggested this idea of opening several savings accounts for different needs like travel, health, tuition, etc. Is this really practical for budgeting? I like the idea of allotting money into different buckets but wonder if it’s more trouble than it’s worth?”
“I learned from my mom, you need to say “yes” to things, you just believe in, even if you’re not ready. But then you have to actually do the hard work so things don’t fall apart after you’ve said “yes.”
“You do your very best and even when you do your very best, there’s a high rate of failure. This country is built on people trying. Those who keep on trying are the ones that really make success stories.”
“What do you think about keeping receipts? 99% of my spending is done via a credit or debit card rather than cash and I use Mint so I have a record of all my spending. But is there any value in keeping receipts aside if I might return something?”
“We need to resist the emotional tendencies of making bad investment and financial decisions. It’s understandable why people do. We are creatures of emotion and we are human. But unfortunately, that’s not how the financial markets want you to behave.”
“One of my old editors said, “As a journalist, you’re the CEO of your byline.” So, wherever your name is, that’s your business…And I learned a long time ago to take responsibility for that and to make sure that whenever I did something, I always try to do it with quality and integrity.”
“I’m interested in getting more credit. I’m wondering should I apply for an extended credit line on my current credit card or should I just apply for a new credit card? Both pull a credit report so I’m not sure which is better.”