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So Money with Farnoosh Torabi

1842: Ask Farnoosh: Gold Bars at Costco, S&P Hits a Record, Rising Credit Card APRs, and a Counter-Offer Dilemma

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 20 June 2025

⏱️ 49 minutes

🧾️ Download transcript

Summary

In this Ask Farnoosh episode, Farnoosh shares a personal reflection on the growing conflict between Iran and Israel, plus a roundup of headlines you need to know: the S&P 500 hits a record high, credit card APRs climb despite the Fed holding rates steady, and parents are spending more than ever on youth sports. Farnoosh also answers listener questions about negotiating a counteroffer, borrowing from a 401(k), selecting a balance transfer card, and building a beginner’s financial plan. Plus: a Costco gold bar sighting and why investing should never be impulse-driven.

Transcript

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0:00.0

Imagine a world without borders, where money moves between countries fast and securely,

0:07.0

all without having to build or manage a complex infrastructure.

0:12.0

Introducing Visa Direct.

0:14.0

With Visa Direct, you can move money securely to and from 195 countries in 160 currencies.

0:23.4

Move money your way.

0:25.6

Learn more at visa.com slash visa direct.

0:29.6

For over a decade, Arlo technology has focused solely on home security, detecting strangers, ignoring

0:37.1

neighbors and delivering alerts

0:38.8

with crystal clear footage to your phone. From 4K cameras to award-winning doorbells,

0:43.8

AOLO captures everything through one powerful AI system, Arlo Secure, because a watched over space

0:49.8

is a safer space. Arlo, 10 years of innovation in one powerful security system. Find out more

0:57.3

and get conditions at Arlo.com. So Money episode 1842 Ask Farnush. You're listening to So Money

1:08.4

with award-winning money guru Farnoosh Karabi.

1:11.5

Each day, get a 30-minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnush yourself.

1:20.8

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

1:24.5

Sorry. You're in the wrong place. Seeking profound ways to live a richer,

1:28.9

happier life. Welcome to So Money. Welcome to So Money, everybody. I'm Farnihe Charabi. It's

1:36.3

officially summer tomorrow, June 21st, first day of summer. Also my son's birthday, who just graduated

1:41.7

from fifth grade. Happy birthday, Evan. Lots of milestones in our

1:46.7

household this month. We had our anniversary 13 years. Thank you. Thank you. My son's turning 11,

1:52.5

finishing fifth grade, rising up to middle school. Now, here's the kicker. The kids are still in school,

1:58.5

even though it is late June. And we have a heat wave. Our district just

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