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So Money with Farnoosh Torabi

1872: Ask Farnoosh: When Money Gets Messy: Family, Love, and Work Decisions

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 29 August 2025

⏱️ 24 minutes

🧾️ Download transcript

Summary

In this week's Ask Farnoosh episode, we tackle three major financial dilemmas from listeners: Setting Boundaries as a Daughter of Immigrants, Avoiding Financial Dependence on a Partner and Knowing When to Walk Away from a Business. Plus, a behind-the-scenes update on The Montclair Pod, and reflections on launching a new show 10 years after So Money.


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This episode aired originally on February 21, 2025.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

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0:07.0

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0:15.0

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0:21.6

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0:26.3

Learn more at vertexinck.com.

0:32.1

So Money episode 1872, ask Farnoosh.

0:37.2

You're listening to So Money with award-winning money guru Farnoose

0:41.3

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

0:47.5

authors, influencers, and from Farnoose yourself. Looking for ways to save on gas or double your double coupons? Sorry. You're in the wrong

0:56.8

place. Seeking profound ways to live a richer, happier life. Welcome to So Money, everybody. It is

1:06.4

Friday, which means one thing. It's time for Ask Farnoche. It is Friday, February 21st. And today we're

1:14.4

tackling audience questions about how to create some boundaries when you are the daughter of

1:21.2

immigrants and there is an expectation that you're going to support your family financially.

1:27.2

But of course, you also want to manage your

1:29.6

own finances and build wealth. How do you do it? Also, how to not become completely financially

1:35.0

dependent on a partner. One person in the audience is concerned about this as her boyfriend is in

1:41.1

active duty in the military. They may have to leave the country in the next few

1:44.8

years for her boyfriend's job. And if they do, she'll have to forfeit her job. And she's terrified.

1:50.2

And then how do you know when it's the right time to walk away from your business? When to sell it,

1:55.1

when to just say, I quit. You've got employees, so it's not that easy of a decision. I have some

2:00.8

advice, a sort of small

2:02.3

business closure calculus, if you will. First, though, how's your week going? Personally, in New Jersey,

...

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