1028: Ask Farnoosh: Taking on Debt to Survive the Pandemic
So Money with Farnoosh Torabi
Farnoosh Torabi
4.7 • 2K Ratings
🗓️ 10 April 2020
⏱️ 28 minutes
🧾️ Download transcript
Summary
Is it OK to take out a student loan right now - even if you don't *need* it - to help cover living expenses in case the pandemic leads to more financial stress in your life? Also what is the best way to support the economy and local small businesses if savings is low or your job isn't secure? Host Farnoosh Torabi answers your latest money questions.
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Transcript
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| 0:00.0 | So Money episode 1,000 28, Ask Farnush. |
| 0:03.2 | You're listening to So Money, with award-winning money guru Farnush-Torabi. |
| 0:08.9 | Each day, get a 30 minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnus herself. |
| 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. |
| 0:24.0 | Seeking profound ways to live a richer, happier life. |
| 0:28.0 | Welcome to So Money. |
| 0:30.0 | Welcome to So Money, everybody. April 10th, 2020. How's everybody doing? |
| 0:36.0 | I'll tell you, this was a hard week. The death tolls, you know, it's really sinking in lack of child care the work. It's a lot and I want to just reach out to everybody and |
| 0:50.0 | Let you know that the stress is significant right now and if you are not feeling well |
| 0:56.9 | really important for you to reach out and talk to somebody about it it may not be the |
| 1:00.9 | person you're living with because tensions are high right now. |
| 1:04.8 | Everyone feels like they're in a pressure cooker, especially I'm talking to you parents. |
| 1:08.7 | If you're taking care of your children, maybe loved ones as well and you're trying to take care of yourself and your job |
| 1:16.4 | and all the things that are going on with your kids, the teaching, the management. |
| 1:21.0 | I mean, look, it's so much. I had a conversation with a producer this week |
| 1:25.6 | with a news program who wants to do a segment on moms and mental health. |
| 1:33.2 | I helped him out a little bit, giving him a bit of an insight into my life. |
| 1:36.5 | I'm not going to end up being in the peace, but that's okay. |
| 1:39.9 | But I'm really happy that this is the sort of content that's surfacing because it's really capturing the truth of what's happening behind closed doors. |
| 1:48.0 | When we come out of this coronavirus nightmare, we're going to have a lot of work to do, financial work, but also |
| 1:54.5 | mental work. There's going to be a lot of work that we have to do to get ourselves |
... |
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