1088: Ask Farnoosh: How Can I Double My Net Worth in 8 Years?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 28 August 2020

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week on Ask Farnoosh, listeners ask about how to accelerate net worth in the few, critical years before retirement, as well as how to ask for a raise if you work in a government job. Plus: pensions and investing in the stock market. Is it a 'good' time to be investing? CFP and founder of Modernist Financial, Georgia Lee Hussey joins the show as co-host. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So Money episode 1088, Ask Farnush, with special co-host, Georgia Lee Hussey of Modernist Financial.
0:08.0	You're listening to So Money, with award-winning Money Guru Farnu Farnoosh Terabi.
0:14.0	Each day, get a 30 minute dose of financial inspiration from the world's top business minds,
0:19.2	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.
0:32.8	Welcome to So Money.
0:35.9	You're listening to So Money, everybody
0:37.8	is August 28, 2020.
0:40.3	Not a rerun today.
0:42.0	I know I've been playing reruns on Monday and Wednesday and we'll continue next Monday and next Wednesday. It's just that time of year. You know you need a break. I need a break. We have over a thousand episodes today. We've got back with me. I'm going to introduce her in a moment. My friend, Georgia Lee Hussey, she is my co-pilot often on these Friday episodes answering your money questions, founder of Modernist Financial, all the
1:04.9	way from Portland. She'll be here in a moment, but a couple housekeeping items.
1:09.5	So today is the last day to apply for the So Money Equity Learning Scholarship.
1:14.8	This is a program, a small mini $2,500 scholarship, but hopefully will go a very long way for a family
1:21.2	that I've designed in response to the systemic catastrophe which is the
1:26.9	country's educational system especially now in the COVID era, so many parents are being just forgotten about. Families are being, we're failing families. You know, kids, there's already an education gap in this country and largely led by your socioeconomic position, your race, and now with
1:48.3	COVID it is exacerbating that gap because the kids who really need to go to school for all sorts of reasons, not just
1:58.1	education but food and security, are not going to be able to get that this fall if they are going digital.
2:04.7	This program, you know, this $2,500 scholarship is just mainly to help a family that needs
2:10.6	tutoring support, educational support, supplemental learning as you know the
	...

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