334: How to Save Half Your Income

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 14 January 2016

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Our guests today want to help you make 2016 the year you save HALF your income. I know what you’re thinking…"Say, what? It’s hard enough saving 10%!" Joe Saul-Sehy and Kathleen Celmins, both of the Stacking Benjamins podcast, have a new course called Save 50: How to Save Half Your Income and Take Control of Your Future. Kathleen has actually done this herself - and continues to save 50% of her income. We explore how this can actually work on any income. And why if you’re in debt you may be the most likely candidate to successfully save half. To sign up for their e-course, which helps you learn the techniques to figure out your magic number, cut expenses, earn more money, and set up a system to save half your income for the rest of your life, go to farnoosh.tv/save50. For more information visit www.somoneypodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	So Money episode 334, Jo Salcei High and Kathleen Selmans, talking about how to save half. You're listening to So Money, with award-winning Money Guru Farnu Tharabi.
0:13.4	Each day get a 30 minute dose of financial inspiration
0:16.6	from the world's top business minds, authors, influencers,
0:20.3	and from Farnuus yourself. Looking for ways to save on gas or double your double coupons?
0:26.0	Sorry, you're in the wrong place.
0:29.0	Seeking profound ways to live a richer, happier life.
0:32.0	Welcome to So Money is brought to you today by Wealthfront.
0:37.0	Wealthfront is the most tax-efficient low-cost hassle-free way to invest. Now many of you I know are interested in
0:44.8	simplifying your investment strategy. You want to reduce fees, you want to work with
0:49.2	a service that you trust, and Wealthfront delivers. It builds and manages your personalized globally
0:55.0	diversified portfolio. To open an account the minimum is just $500 and that gets
1:00.4	you a periodically rebalanced diversified portfolio of low-cost index funds.
1:07.0	There are zero trading fees, zero hidden fees, and advisory fees that are just a fraction of
1:12.4	traditional advisors.
1:14.0	In fact, Wealthfront manages your first $10,000 for free.
1:18.7	To learn more and sign up, visit Wealthfront.com.
1:28.0	Welcome back to So Money everyone. Happy birthday to So Money.
1:30.0	We are one year old.
1:32.0	Can you believe it? We it January 14th 2015 I started this
1:37.4	podcast it was a little idea I had in September of 2014 and as soon as I got the idea that this was going to happen.
1:48.0	First thing I did, I told everybody because once you tell everybody you have to do it.
1:52.8	And I would just tell everyone, my doorman, my nanny,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Farnoosh Torabi, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Farnoosh Torabi and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.