1228: Sunny Israni, Co-Founder of Clasp on Financial Inclusivity and Feeling "Safe" in the Financial World
So Money with Farnoosh Torabi
Farnoosh Torabi
4.7 • 2K Ratings
🗓️ 19 July 2021
⏱️ 29 minutes
🧾️ Download transcript
Summary
Sunny Israni, better-known as The Money Gay on TikTok, is committed to making personal finance accessible and interesting for groups traditionally left out of the personal finance conversation. He is a Chartered Financial Analyst, and spent six years on Wall Street as an Analyst at Merrill Lynch. Additionally, Sunny is a serial entrepreneur who founded two companies prior to his current venture, Clasp, a financial wellness coaching platform, with his co-founding partner, Katherine. He's a software engineer, previously at Bloomberg.
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Transcript
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| 0:00.0 | So, money episode 1228, Sonny Esrani, co-founder of the app clasp, and the MoneyGay.com. |
| 0:07.0 | You're listening to So Money, with award-winning money guru, Farnoosh Karabi. |
| 0:13.0 | Each day, in a 30-minute dose of financial inspiration from the world's top business minds, |
| 0:18.0 | authors, influencers, and from Farnoosh yourself. |
| 0:22.0 | Looking for ways to save on gas or double your double coupons? |
| 0:26.0 | Sorry, you're in the wrong place, seeking profound ways to live a richer, happier life. |
| 0:32.0 | Welcome to So Money. |
| 0:35.0 | When you look at a traditional financial advice, especially, and on TikTok too, |
| 0:41.0 | like there's a big movement on TikTok around personal financial advice, |
| 0:44.0 | you can see the kind of style it's given and the kind of people who kind of give that, |
| 0:49.0 | where it doesn't make anyone really feel very safe. |
| 0:52.0 | The focus is on getting ahead, and as a result, people do get left behind. |
| 0:57.0 | And what happens, the way that actually manifests, is if someone feels like this discipline |
| 1:03.0 | or this industry is not a safe space for them, they're going to just ignore it altogether. |
| 1:08.0 | And that's a bad thing, because if they ignore, if they're completely ignorant |
| 1:13.0 | of everything economic or finance, then they're not going to make the best financial decisions for themselves. |
| 1:20.0 | They're not going to make the best decisions in terms of how to optimize their credit card debt |
| 1:24.0 | or whether they should buy a home or whether they should invest, |
| 1:27.0 | like those decisions are not even going to be made, |
| 1:30.0 | because that's how the conversation being had in these spaces at all. |
| 1:34.0 | Welcome to So Money. |
| 1:35.0 | Everybody, I'm your host, Farnoosh Turabi. |
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