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So Money with Farnoosh Torabi

1133: Ask Farnoosh: Your Top Money Questions for the New Year

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 11 December 2020

⏱️ 24 minutes

🧾️ Download transcript

Summary

*This episode is brought to us by COUNTRY Financial. We're looking ahead and helping you answer some of your 2021 money questions today. I’ve recently partnered with COUNTRY Financial, and they conducted a survey checking in on how Americans are feeling about their finances. Are we optimistic? worried? Well, 38% say they believe their finances will improve in the New Year. And ahead of this episode I asked YOU on Instagram for your top financial questions as we ring in 2021, so we'll be tackling some of those in a moment with special co-host Troy Frerichs, Vice President of Investment Services at COUNTRY Trust Bank. We've got questions about what to do with an inheritance someone recently received, whether to max out a 401(k) before the tax deadline and whether to use savings for paying down debt or keeping it put? The COUNTRY Financial Security Index, a survey conducted by Ipsos, an independent research firm, on November 6-9, 2020 of 1,015 American adults (18+). The full survey results can be found in the COUNTRY Financial newsroom at countryfinancial.com/farnoosh. Troy’s comments are his own, and while he is here on behalf of COUNTRY Trust Bank, anything stated should not be considered individual investment advice. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

So Money episode 1133 Ask Farnouche.

0:05.0

You're listening to So Money Guru Farnouche-Korabi.

0:10.0

Each day get a 30 minute dose of financial inspiration from the world's top business minds,

0:15.1

authors, influencers, and from Farnus yourself.

0:19.5

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

0:23.1

Sorry, you're in the wrong place.

0:25.2

Seeking profound ways to live a richer, happier life.

0:28.6

Welcome to So Money, everybody. I'm your host, Farnouche Tarabi. We're looking ahead and helping

0:36.7

you answer some of your 2021 money questions today. As you know, I've recently partnered

0:42.0

with Country Financial and they recently

0:44.5

conducted a survey checking in on how Americans are feeling about their

0:48.9

finances. Are we optimistic? Are we're worried?

0:53.0

38% say they believe their finances will improve in the new year.

0:57.0

They're confident.

0:58.0

And ahead of this episode, I asked you on Instagram

1:01.0

for your top financial questions as we bring in the new year.

1:04.2

We're going to be tackling some of those in a moment.

1:06.2

I've got special co-host Troy Ferrics with me.

1:08.8

He's the vice president of Investment Services at Country Trust Bank.

1:13.4

We've got questions about what to do with an inheritance

1:15.7

someone recently received,

1:17.0

whether to max out of 401k before the tax deadline,

...

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