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So Money with Farnoosh Torabi

1013: Ask Farnoosh: What is Farnoosh Doing with Her Money Amidst Coronavirus Threats?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.72K Ratings

🗓️ 6 March 2020

⏱️ 26 minutes

🧾️ Download transcript

Summary

We begin today's Ask Farnoosh with a page out of Farnoosh's money journal where she shares personal thoughts and honest advice regarding the Coronavirus and its impact on our personal finances. A listener also asks whether or not it's wise to refinance a mortgage to a 15-year term, especially if the higher payments will prevent her from investing in the market.

Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open!


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Transcript

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0:00.0

So Money episode 1,013, Ask Farnush.

0:03.0

You're listening to So Money,

0:06.0

with award-winning Money Guru Farnush-Torabi.

0:09.0

Each day, get a 30 minute dose of financial inspiration

0:12.0

from the world's top business minds, authors, influencers, and from Farnuos yourself.

0:18.0

Looking for ways to save on gas or double your double coupons?

0:22.0

Sorry, you're in the wrong place. Gabon Gas or Double Your Double Coupons?

0:22.5

Sorry, you're in the wrong place.

0:24.6

Seeking profound ways to live a richer, happier life.

0:28.0

Welcome to So Money.

0:31.0

You're listening to So Money, everybody. Welcome to the show. Happy Friday. It is March 6th,

0:37.0

2020. Just got back from a trip to Austin. The airports are pretty quiet. I think that people are

0:44.8

staying home. You know this coronavirus is getting serious, getting more

0:49.7

serious. And in New York we've got a few cases.

0:53.0

Let's talk a little about preparedness, right?

0:55.0

Not just obviously washing your hands and stocking up on dry goods in case we have to get quarantined, but financially prepared.

1:02.0

There's this is something that I feel we're going to have to talk about more

1:06.2

and more as the days and the weeks go by,

1:08.3

as people start to learn that, for example,

1:11.4

their jobs are getting canceled. A good friend of mine she works

1:14.4

in events and she's a freelancer and she had three jobs get cancelled on her within 48

1:20.1

hours last week because of the threat of this coronavirus spreading. I know

...

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