1859: CNBC's Sharon Epperson on Immigration, Money, and Planning for the Worst

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 30 July 2025

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

What would happen to your bank account, your home, your small business—if you were suddenly detained or deported? Today we're talking about a growing and urgent financial concern: how to protect your assets amid immigration raids and deportation worries.

My guest is personal finance legend and CNBC Senior Personal Finance Correspondent Sharon Epperson, who recently reported on the financial steps immigrants—documented or undocumented—can take to prepare for the unexpected. From designating a power of attorney to understanding the legal implications of asset ownership abroad, Sharon walks us through practical strategies to safeguard your financial life in turbulent times.

We also discuss the emotional toll of financial uncertainty, the ripple effects on families, and why proactive planning is a form of empowerment. Sharon opens up about her own health crisis that forced her family to activate emergency plans—offering a powerful reminder of why preparing for the worst can make all the difference.

References:

Read Sharon's article on CNBC.

Join her 8-week Money 101 series.

Transcript

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0:00.0	Hi, it's Farnush. Are you building a personal brand or business and craving real behind-the-scenes
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0:16.5	my strategies across all the different verticals from podcasting to writing books and I'll connect you
0:22.7	with very important people in my life. Applications are available at varnochebts.com. I look forward
0:28.4	to helping you. Hey, stop snacking on cardboard chicken. Instead, go to buy a new tasty
0:36.9	pepper army chicken teakia. Satisfy your of new tasty pepperami chicken teak. Satisfy
0:39.1	your animal with new pepper army chicken teak bites. So Money episode 1859. CNBC's Sharon
0:47.6	Epperson on immigration, money and planning for the worst. You're listening to So Money with award-winning money guru Farnush Karabi.
0:57.3	Each day, get a 30-minute dose of financial inspiration from the world's top business minds,
1:02.5	authors, influencers, and from Farnoose yourself.
1:06.6	Looking for ways to save on gas or double your double coupons?
1:10.3	Sorry. You're in the wrong place. Seeking profound ways to live on gas or double your double coupons? Sorry.
1:12.2	You're in the wrong place.
1:15.3	Seeking profound ways to live a richer, happier life.
1:17.1	Welcome to So Money.
1:20.7	These are kind of scary times.
1:24.2	I think it can be scary for people because of the uncertainty.
1:29.4	Not that there's anything imminent for some, but for many, there is something imminent happening. And it's very frightening. So I think what I've said before and you've said many times,
1:34.9	you have to focus on what you can control because otherwise you will absolutely lose your mind.
1:40.6	And you also will not be productive in terms of reaching the goals that you have
1:45.5	for your finances. So focusing on what you can control is your superpower. Welcome to So Money,
	...

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