Welcome to the Bigger Poggets Money Podcast, where we interview Farnoosh Tarabi and talk about a healthy state of panic and what that means for your relationship with money.

Hello, hello, hello, my name is Mindy Jensen, and with me as always is my never-pannic, always-share co-host, Scott Trench.

Great to be here with my cool, calm, and collected co-host, Mindy Jensen, except for when she's discussing cryptocurrency.

Nobody has ever called me cool, Scott. Thanks. My children would disagree.

Scott and I are here to make financial independence less scary, less just for somebody else to introduce you to every money story because we truly believe financial freedom is attainable for everyone, no matter when or where you're starting.

That's right. Whether you want to retire early and travel the world, go on to make big time investments and assets like real estate, start your own business, or confront the fears you have around personal finance.

We'll help you reach your financial goals and get money out of the way so you can launch yourself towards your dreams.

Scott, I am so excited to talk to Farneesh Terrabi today because she is one of the most prominent financial people in our space.

I always love talking to Farneesh. She's got podcast. She's written, I don't know, a bajillion books.

And she's just such a intelligent, well-spoken source of information. I love hearing from her every time we chat.

She's a master at this and she's really kind of got a new great angle that I think is she's really onto something here with how fear informs personal finance decisions.

We're going to talk today about how personal finance is 80% behavior and 20% math.

We spend a lot of time on math on this show, but perhaps not enough time on the emotions around money that really drive decision making in the space.

Yeah, this is a great episode today. Before we get to it, though, Scott, you know, we have a new segment at the money show called the money moment where we share a money hack tip or trick to help you on your financial journey.

And today's money moment is about tax time. And I know it isn't tax time right now. However, if tax day is a stressful time for you and you tend to owe money on April 15th, make a tax account.

Automate a portion of your income into that account so you're prepared for the expense come April. Remember, your tax payment is due on April 15th regardless of if you get an extension or not.

So why freak out about it? Start saving now if this is something that always comes up.

I love it. I have a personal checking a personal savings and a tax estimation account, right? And I pay quarterly taxes. So if you're if you owe in April 15th, you should also talk to your CPA about whether you owe quarterly taxes or should consider starting to pay those.

And then yeah, you just said it inside a side in that account every time. Right now they're earning four to five percent interest. It's great to savings account. And yeah, it takes away all that uncertainty.

If you overestimate, you can always just put it right back into your checking account when it's tax when you get your tax returner. You finalize your returns at the end of the year.

Do you have a money tip for us? Email money moment at bigger pockets.com. Your boss hands you your holiday gift. Yay, it's an itchy branded t-shirt. Why didn't they go with landsend instead?

With landsend state of the art design and stitching technology, you stay cool, dry and comfortable in uniforms that make your logo pop. That's right.

...