1016: Ask Farnoosh: Coronovirus Impact on Our Finances with Bankrate's Greg McBride
So Money with Farnoosh Torabi
Farnoosh Torabi
4.7 • 2K Ratings
🗓️ 13 March 2020
⏱️ 26 minutes
🧾️ Download transcript
Summary
While it may not feel all that appropriate to talk about money at a time when human lives are at stake, the coronavirus is taking a toll on our finances...and fear hath taken over. The stock market suffered one of its worst declines this week and many of you have been writing in asking about how to manage your investments, as well as how to prepare for the likelihood of a recession. This episode is dedicated to answering some of your top concerns related to the spread of the coronavirus and its impact on our finances.
Joining to help steer the show is Greg McBride, CFA, Senior Vice President, Chief Financial Analyst, for Bankrate.com. With nearly a quarter century of experience in personal finance, Greg is a subject matter expert that has the unique ability to provide both in-depth commentary and practical advice to consumers. Through Bankrate.com's Money Makeover series, he has helped consumers plan for retirement, manage debt and develop appropriate investment allocations.
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Transcript
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| 0:00.0 | So Money episode 1, 2016, Ask Farnush with special co-host, Greg McBride, chief |
| 0:06.1 | financial analyst for Bankrate.com. |
| 0:08.6 | You're listening to So Money, with award-winning money guru Farnu Shorabi. |
| 0:14.0 | Each day get a 30 minute dose of financial inspiration from the world's top business minds, |
| 0:19.4 | authors, influencers, and from Farnus yourself. |
| 0:23.0 | Looking for ways to save on gas or double your double coupons? |
| 0:27.0 | Sorry, you're in the wrong place. |
| 0:29.0 | Seeking profound ways to live a richer, happier life. |
| 0:32.0 | Welcome to So Money. found ways to live a richer, happier life. |
| 0:33.0 | Welcome to So Money. |
| 0:36.1 | Welcome to So Money, everybody. |
| 0:37.7 | How are you? |
| 0:38.6 | It's been a crazy, crazy week, am I right? |
| 0:40.8 | It's very touch and go. |
| 0:42.2 | I hope everybody is safe, staying healthy, and I know a lot |
| 0:46.2 | of you have many, many financial questions. This is a crazy time for our country, for the world, |
| 0:52.0 | health crisis, financial crisis. |
| 0:55.0 | I want to answer your questions today and I've got a very special guest. |
| 0:58.0 | I'm going to bring him on the show shortly. |
| 1:00.0 | His name is Greg McBride. |
| 1:01.0 | He and I go way, way back When I first started in journalism as a |
| 1:04.8 | financial reporter, Greg was my go-to source. He's a certified financial analyst. He's |
... |
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