In today’s episode of Ask Farnoosh, I answer your biggest questions about, how non-US citizens can invest in the US, how much to start investing, moving back in with parents to save money, budgeting your savings and budgeting for NYC living.
Below, the chart I often use to explain spending thresholds for each major category.
Housing 30% (NYC: 35%)
Debt 20%
Transportation 15% (NYC: 5%)
Personal Savings 10%
Retirement 10%
Groceries 10%
Entertainment/Dining Out 5% (NYC: 10%)
Scammers are using all sorts of social media platforms to target unsuspecting victims. In this episode, we learn how artificial intelligence and technology have changed their tactics and how we can protect ourselves. We'll also talk about the safest payment methods to use when shopping online.
Imagine this: You’re nine months pregnant, shopping for a crib at IKEA, when suddenly—a massive earthquake hits. No phone. No keys. No way to reach your family. Just the immediate reality of survival.
Farnoosh answers financial questions from viewers, covering topics such as the pros and cons of the National Debt Relief Program, the impact of selling individual stocks for index funds, and strategies for recent graduates entering the job market. Also: Advice on saving strategies, including automated contributions and side hustles.
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Learn Farnoosh's strategies and simple steps to invest for any goal. No gimmicks. No crypto. Just clear, efficient strategies that create real wealth.