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So Money with Farnoosh Torabi

1347: Ask Farnoosh: How to Avoid Getting Low-Balled at a New Job

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 22 April 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

This week on Ask Farnoosh, a frustrated listeners shares how employers and recruiters refuse to share salary information but insist you ask for what you want to make. How can you work around this and avoid being low-balled? Also: Should I use emergency savings to cover living expenses? How can couples (with kids) prioritize savings goals? (A replay from February 11, 2022) 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

SoMoney is brought to you by CNET, the site that shows how to navigate change all around us.

0:06.8

SoMoney Episode 1347 Ask Farnoosh

0:12.0

You're listening to SoMoney, with award-winning money guru Farnoosh Karabi.

0:16.6

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

0:21.8

authors, influencers, and from Farnoosh yourselves.

0:26.1

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

0:29.7

Sorry, you're in the wrong place. Seeking profound ways to live a richer half your life. Welcome to SoMoney.

0:38.4

Welcome to SoMoney, everybody. It's Farnoosh, and you're listening to Ask Farnoosh,

0:43.0

where I tackle your biggest money questions that have come through all the different channels,

0:47.6

Instagram, email, text, questions today about how to prioritize savings, how to negotiate for a

0:55.1

salary when the company will not reveal their budget or their salary band. Should we wait out

1:01.1

this whole inflationary period to buy big ticket items? A listener of the show is curious,

1:06.5

he's interested in buying a new SUV. And how can a resident physician, who's in her 20s,

1:12.5

who's making not that much money right now, make ends meet, living in a high-cost,

1:16.7

a living city? Can she invest and save and pay for dinner? I've got some advice. This week, our

1:23.4

free 15-minute money session goes to M.B. Andrews, 17, who left review on Friday recently,

1:30.2

calling the show an absolute must. Farnoosh Tarrabi brings energy, empathy, and intelligent

1:34.9

responses to listeners' questions. She's also a brilliant interviewer and a thoughtful person

1:39.4

to discuss a variety of topics with. I can listen to this podcast without ever feeling disappointed

1:44.7

because of her delivery. I learned from every episode, even if they don't necessarily relate

1:48.8

to my own situation. That's a single mom determined to get more knowledge about my personal

1:53.2

finances. Farnoosh is the first person I turned to, looking forward to my long trip to work,

...

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