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So Money with Farnoosh Torabi

42: Ask Farnoosh: Is Outsourcing Worth It?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 22 February 2015

⏱️ 22 minutes

🧾️ Download transcript

Summary

In this installment of Ask Farnoosh, questions about retirement planning, paying down debt in your 60s and the benefits of outsourcing. Visit SoMoneyPodcast.com for more! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money episode 42, Ask Farnush.

0:05.4

You're listening to So Money, with award-winning money guru Farnush-Torabi.

0:10.0

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

0:15.2

authors, influencers, and from Farnus yourself.

0:19.5

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

0:23.2

Sorry, you're in the wrong place.

0:25.3

Seeking profound ways to live a richer, happier life.

0:28.7

Welcome to So Money.

0:31.0

Welcome back to Ask Barnouche everyone. It is Sunday. How you doing? I hope you're having a really, really good weekend. It is snowing here in New York. I'm looking outside of my

0:43.9

apartment window in Brooklyn and the city is covered in a nice beautiful white

0:49.6

blanket and it's only going to take another 24 hours before this turns into slush and it will be absolutely

0:56.7

disgusting. But for now it is absolutely beautiful and very picturesque, a perfect moment to be engaging with you to be responding to all

1:06.0

of your fantastic questions connecting with you seeing what's on your money mind and

1:11.6

so let's start we've got a question here from

1:14.4

Lewis. Lewis says he actually tweets he says,

1:17.8

Far Noosh what's the best place to park your cash as you say for a down

1:21.5

payment on a house.

1:23.6

Okay, well Lewis, congratulations, you're thinking about buying a house, big steps to take.

1:29.2

Well the first step of course is to save for a down payment and I would say, this isn't money that you want to lock up anywhere

1:34.6

you don't want to put this in a CD or a bond or even the stock market you want to keep this

1:39.6

cash as liquid as possible so that you can take it so that when you find that dream home and you want to make a bid and you want to be the first in line,

1:46.8

you can take that cash out and be ready to present your offer.

...

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