Should you switch banks if you're only earning 2% on your savings account? When does it make sense to invest in home upgrades? Should a listener sell her house now or later?
Molly Wood is a longtime business and technology journalist turned venture capitalist. She shares insights into the many moving parts and hurdles behind bringing climate solutions to the forefront, and why she's ultimately optimistic about the direction of climate action.
This week, an unemployed listeners ask about the risks that come with "too much" time passing while attempting to find work. Also: Farnoosh's top investing book picks and the 411 on stock splits.
Audience questions this week: What's more financially beneficial: a cash-out refinance or a home equity loan? How to ramp up investing for retirement in your 50s? And what are some ways to eliminate credit card debt sooner than later?
Guest Marc Russell is the creator of BetterWallet, where he teaches families all around the world how to make money work for them through practical investing.
Is it worth it to transfer savings out of your current bank to a high-yield savings account (HYSA)? Given a new law, is it wise to rollover unused 529 dollars into a Roth IRA? How can parents raise kids to be "So Money®?"
Ask Farnoosh about money, work, life, or a recent guest below and she'll do her best to answer your question during an upcoming Friday episode on So Money. Record a message below or type in your question.