"I know you will think I am crazy for asking this, but is a 401k a bad investment today? The market rides up and down with investors not limited to the rules of the 401k. Do you think taking your money and buying stock on a lower fee website is better?"
"People always ask me, "How do you do it? How do you balance it all?” It's certainly challenging, but what I often tell them and myself is no one is forcing me to do all these things. I’m doing them because I like them."
"At some point, everyone is going to be a victim of something. It could be small or it could be a fairly catastrophic one. It’s okay to accept a victim, but the task we all have to embrace is that you need to take that particular status and turn that challenge into opportunity."
"I feel like I’ve won the lottery. I go to work every day because I want to go to work. So, I wanted to extrapolate these lessons for people. What are the actionable strategies? How can you get closer to winning the career lottery? The lottery itself is not hackable."
"I went into this feeling like this is my mission. I want to change the way that people think about and use money. I want to expand our understanding of money to include more these psychological and emotional elements."
"You don’t necessarily need all of these fancy skills. That helps if you are an engineer or if you're starting a software company. But if you don’t, you can use what you have. I built relationships with a lot of people and that’s what I leveraged to build my business."
"This is what disruption looks like initially. You are moving from the top of the curve to the bottom of the curve with the promise that overtime, the slope of your next curve or your learning trajectory will be even steeper."
"The question is to ask your boss, “What is your single greatest priority for the coming week?” The reason that’s so powerful is because it allows you to get on your boss’s wavelength and find solutions to them and that’s when everything starts to change."
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.