1677: Ask Farnoosh: How to Buy Life Insurance, Reduce Investment Risk, and Get Out of Debt

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 31 May 2024

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, Pam Krueger, founder of Wealthramp, joins to help answer listener questions about life insurance, investing, and debt management. Listen to Pam's interview from earlier this month, discussing ways to find a great financial advisor. Wealthramp is a platform that has matched over 20,000 individuals with fiduciary advisors and financial planners since 2019 and boasts client retention rates exceeding 98%. Wealthramp’s vetted advisor network spans the country and offers diversity in geography, specialization, gender, and fee structure. Visit Wealthramp.com/Farnoosh to start your search today.

Transcript

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0:00.0	So Money Episode 1677, Ask Farnush.
0:04.0	You're listening to So Money,
0:07.0	with award-winning Money Guru Farnush Karabi.
0:10.0	Each day, get a 30 minute dose of financial inspiration from the world's top business minds,
0:15.3	authors, influencers, and from Farnus yourself.
0:19.6	Looking for ways to save on gas or double your double coupons?
0:23.2	Sorry, you're in the wrong place.
0:25.4	Seeking profound ways to live a richer, happier life.
0:28.8	Welcome to So Money, everybody.
0:33.8	It is Friday, May 31st.
0:36.2	This week felt like summer.
0:38.3	I know Memorial Day is the unofficial beginning of summer
0:41.0	and the weather really aligned with that. We had 75-80-degree
0:46.4	weather days. We had some rain but a lot of this week was so beautiful. What a
0:50.4	difference a change in weather makes to your attitude?
0:53.8	Really, I've been a little nicer this week,
0:56.3	but I was also in a good mood this week
0:57.6	because I got the chance to go to a Broadway musical.
1:02.0	This is part of my rich life. I like to spend money on
1:05.1	experiences, which the science shows can actually lead to more happiness, you know,
1:10.7	buying a sweater versus buying tickets to Taylor Swift or whatever
1:14.1	although I don't know how expensive your sweaters are but you know experiences are
	...

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