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So Money with Farnoosh Torabi

235: Sophia Bera, So Money Millennial

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 3 September 2015

⏱️ 40 minutes

🧾️ Download transcript

Summary

Sophia Bera is in her early 30s and has already started her own company, GenY Planning, which delivers comprehensive financial planning to people in their 20s and 30s across the country. Most financial planners require an asset minimum of $1 million, making it an unattainable resource for most people, particularly millennials seeking advice with how to start building their finances. With Gen Y Planning, Sophia, a certified financial planner, is determined to shake up the financial planning industry, and work with clients today so that they can reach $1,000,000 in the future. But interestingly Sophia actually never planned to be in finance. She was actually a Theater Performance and Women’s Studies major in college at Minnesota State University-Mankato. While in college, she set the impressive goal for herself of buying a house after graduation, and she became obsessed. She spent her time between classes at Barnes and Noble reading everything she could about money, personal finance, real estate and building wealth. And at the ripe age of 21 when she graduated, she bought a house. Seeing her success, her friends began to ask her for advice, which lead her to becoming a CFP and eventually starting Gen Y Planning. For more information visit www.somoneypodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money

0:00.5

Eep

0:01.1

Episode 235, So Money millennial, Sophia Vera.

0:05.7

You're listening to So Money,

0:07.5

with award-winning Money Guru Farnu Farnou Schorabi.

0:10.1

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

0:15.6

authors, influencers, and from Farnus yourself.

0:19.9

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

0:23.6

Sorry, you're in the wrong place.

0:25.6

Seeking profound ways to live a richer, happier life.

0:29.1

Welcome to So Money. Hey everyone, welcome back. money.

0:33.0

Hey everyone, welcome back to So Money.

0:36.0

I'm your host, Farnish Terabi.

0:38.0

How'd you like the way I said that?

0:39.0

So Money.

0:40.0

It's a So Money Week, and we've got millennials all week,

0:42.0

all week, capturing all the earning saving investing paying off debt that millennials are doing yes millennials I dare say it they're not just a generation that is struggling.

0:53.0

In fact, there are many, many enlightening stories

0:56.0

and that is what the theme of this week is.

0:58.2

And today, showcasing our fourth millennial,

1:00.6

Superstar Sophia Bera.

1:03.0

Sophia is in her early 30s, she's 31,

...

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