1467: Ask Farnoosh: Choosing a Great Checking Account, Prioritizing Savings Goals and Pros/Cons to Quitting Right Now
So Money with Farnoosh Torabi
Farnoosh Torabi
4.7 • 2K Ratings
🗓️ 27 January 2023
⏱️ 32 minutes
🧾️ Download transcript
Summary
On today's episodes: Wise ways to prioritize savings goals and potential risks (and rewards) to quitting your job in this economy. Also, special guest Corey Timlin, Head of Consumer Deposits at American Express, offers insights on how to pick a good checking account.
This episode is brought to us by American Express. For more visit AmericanExpress.com/RewardsChecking.
Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open!
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | So money episode 1467, ask Farnoosh. |
| 0:31.0 | Welcome to So Money, everybody. Friday, January 27th, 2023. How's everybody doing? |
| 0:37.0 | This was a kind of an epic week for me. I got to visit my favorite morning duo on television, |
| 0:42.0 | Kelly Ripa and Ryan Seacrest. I'm not a morning person, but if the producers for |
| 0:48.0 | live with Kelly and Ryan do ask me to join the show, I'm there with Belzon. |
| 0:52.0 | I am gladly getting up early. And on Monday, I happily kicked off the show's |
| 0:57.0 | week long financial series. They just wrapped it today with a segment dedicated to |
| 1:02.0 | saving for retirement. They wanted some easy, maybe even like lazy hacks for |
| 1:08.0 | managing your retirement funds. And so I offered my best tips. I'm going to recap that |
| 1:12.0 | right now in case you missed it and also put the link to the show in our show notes. |
| 1:16.0 | So you can see the whole presentation. I wore my Eagles green. Sorry, |
| 1:21.0 | everybody else, but you know, I'm partially from Philadelphia. So got a route for the |
| 1:25.0 | Eagles. But my tips, they were short and simple. First, when it comes to |
| 1:29.0 | saving for retirement and you want to make it easy, let the robots do the work. |
| 1:33.0 | You know, gone are the days of needing to cherry pick the right mutual funds for |
| 1:37.0 | your portfolio. Remember that? I remember that distinctly when I was like in my |
| 1:41.0 | early 20s, all of those early years working. I had to, I was given a 401k, |
| 1:46.0 | which was great. But then they're like, okay, let us know where you want us to |
| 1:49.0 | put your money because I'm the expert. So that was a lot of late nights, |
| 1:53.0 | googling random acronyms, trying to pretend I had any clue what I was doing. |
| 1:58.0 | But now, of course, with Robo advisors or automated investment platforms, |
| 2:02.0 | they'll do the work for you. They ask you a series of questions, takes minutes. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Farnoosh Torabi, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Farnoosh Torabi and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

