Financial expert and author Bobbi Rebell joins with advice on smart ways to prepare young kids (and older teens) for financial success and ways families can begin to build generational wealth. What are the best savings accounts? Can you invest when you're 10 years old? Are 529 plans effective?
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®?"
On today's episodes: Wise ways to prioritize savings goals and potential risks (and rewards) to quitting your job in this economy. Also, special guest Corey Timlin, Head of Consumer Deposits at American Express, offers insights on how to pick a good checking account.
Gina Zakaria is a personal finance educator and grocery expert. Through her Saving Whiz platform and social network of over 3 million people, she teaches simple strategies that make it easy to save money.
We're exploring the *real* cost of living over the next couple of weeks, examining how everyday Americans are struggling to cover basic needs. Guest Emily Maloney is the author of Cost of Living, a collection of essays about her life experience dealing with illness, money and medicine.
Listeners want to learn about the best tax-wise way to invest for retirement, the places to save (CDs or I Bonds?), whether short or long-term disability leave can hurt your chances of qualifying for Public Service Loan Forgiveness and whether it's wise to buy universal life insurance.
Farnoosh is back with savings insights from her Paris trip. Listeners want to know about: curbing spending in a high-cost-of-living spending, the best robo-advisors, building a career in PR, how to prepare for working past age 70 and more.
In today's Ask Farnoosh: Is lifestyle creep, the idea that your expenses grow as your income grows - a bad thing? A listener wants to know about resources for navigating your finances when disabled.
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.