1320: Ask Farnoosh: Your Top Tax Questions Answered & Quickest Way to Save for a Downpayment

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 18 February 2022

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week's Ask Farnoosh: A rundown of some of your biggest tax-related questions answered. Listeners also want to know how to save aggressively for a home downpayment, ways to save on health care costs and what to do when you make too much to invest in a Roth IRA? Want more articles and videos by Farnoosh? Check out www.cnet.com/somoney. Subscribe to her weekly So Money newsletter for the latest updates and advice. Catch her weekly money videos on YouTube. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So money is brought to you by CNET, the site that shows how to navigate change all around us.
0:06.4	So money episode 1320, ask Farnoosh.
0:11.3	You're listening to So Money, with award-winning money guru Farnoosh Karabi.
0:15.9	Each day, in a 30-minute dose of financial inspiration from the world's top business minds,
0:21.1	authors, influencers, and from Farnoosh yourselves.
0:25.4	Looking for ways to save on gas or double your double coupons?
0:29.0	Sorry, you're in the wrong place, seeking profound ways to live a richer, happier life.
0:34.5	Welcome to So Money.
0:37.7	Welcome to So Money, everybody. I'm Farnoosh Friday, February 18th, 2022.
0:42.9	This week is always special. It's Valentine's Week. It's my birthday week.
0:47.9	On Tuesday, I celebrated one more lap around the sun. Maybe you didn't know this.
0:52.9	It was sort of intentional. I didn't really post anything online.
0:56.1	Nope, I did not spend much time on Instagram or Facebook, and it was all by design.
1:01.0	I highly recommend it. Not to say that I didn't appreciate some of the well wishes and the happy
1:06.8	birthdays that I got on Facebook. The one redeeming thing about Facebook is that it does tell you
1:11.5	when it is your friend's birthday. So that's always important. And thank you to everybody who
1:17.6	wished me a happy birthday on Tuesday. But I didn't post anything really on social media, and it
1:22.9	felt like it. It was kind of a gift to myself to be present in the moments of the day and not to
1:29.0	be clinging to Instagram, which can easily happen. And it was lovely. The joke I have been saying is
1:36.0	that, you know, your officially in your 40s went a happy birthday means getting your house cleaned.
1:41.9	I had the cleaners here. And then taking a day off of your full-time job, I took off work,
1:48.4	so that you can do your other job, which in this case right now is writing my book. I spent
	...

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