1085: Ask Farnoosh: Is it OK to spend money right now?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 21 August 2020

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this week's Ask Farnoosh, a discussion on the best places to store cash in a recession, collecting unemployment while on the Paycheck Protection Program (how does that work?) and a recap of Farnoosh's latest Bloomberg Opinion piece on why it's OK to spend money right now (with caveats.) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So Money episode 1085, Ask Farnush.
0:03.0	You're listening to So Money, with award-winning money guru Farnush Karabi.
0:09.0	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.
0:27.0	Welcome to So Money, everybody.
0:30.0	It is Ask Farnuge Friday, August 21st, 2020. I'm your host,
0:37.8	Farnoosh Tarabi. Welcome to the show. Welcome to Friday. We have questions today concerning the best places to store your
0:46.7	cash. Listeners wondering about collecting unemployment while also on the
0:51.9	paycheck protection program. How does that work? while also on the Paycheck Protection Program.
0:53.7	How does that work?
0:54.8	Before we get to that, I wanted to just give you guys some updates.
0:57.9	So, the So Money Equity Learning Scholarship.
1:01.7	I have a name for it now,
1:03.7	it's this scholarship I've been talking about
1:06.0	on the podcast for some weeks.
1:08.1	It now is official.
1:09.3	I have a Learning Scholarship set aside.
1:12.2	It's $2,500 but likely will be increasing as many of you have reached out
1:17.2	expressing interest in supporting the scholarship through either donations,
1:22.0	offering virtual tutoring services.
	...

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