545: Ask Farnoosh, Should I put money I was gifted in a money market account?
So Money with Farnoosh Torabi
Farnoosh Torabi
4.7 • 2K Ratings
🗓️ 10 March 2017
⏱️ 18 minutes
🧾️ Download transcript
Summary
Should I put money that was gifted to me in a money market account? What type of supplemental retirement account is best? What will happen if you request forbearance on your student loans? Answering these questions and more on this week's Ask Farnoosh episode.
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Transcript
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| 0:00.0 | So Money episode 545, Ask Farnush. |
| 0:04.0 | You're listening to So Money Guru Farnush Karabi. |
| 0:10.0 | Each day, get a 30 minute dose of financial inspiration from the world's top business minds, |
| 0:15.3 | authors, influencers, and from Farnus yourself. |
| 0:19.6 | Looking for ways to save on gas or double your double coupons? |
| 0:23.2 | Sorry, you're in the wrong place. |
| 0:25.4 | Seeking profound ways to live a richer, happier life. |
| 0:28.8 | Welcome to So Money. From retirement savings to tax refunds, I've got your questions answered. |
| 0:37.0 | Welcome to Ask Farnuish everyone. It's Friday, March 10th. I'm your host, |
| 0:42.1 | Farnuish Terabi. This is Ask Farnush on So Money and |
| 0:45.4 | joining us as always is Sophia. Welcome to the show everyone. Thank you. So it is |
| 0:52.0 | March 10th and we are recording this ahead of March 10th obviously because we have to. |
| 0:57.0 | We have some things we need to get accomplished and including the delivery of my daughter which I would hope |
| 1:05.5 | that by March 10th she has arrived if not sooner. My due date is March 7th so it's possible that I'm still |
| 1:12.0 | very pregnant as you are hearing me. |
| 1:14.1 | Anyway it's just one of those wait and see moments but in the meantime we have a lot of |
| 1:18.6 | great questions from our listener Sophia including a comment from Victoria, who has a great tip, a great story about how she |
| 1:28.5 | negotiated a bigger salary. Tell us what happened. |
| 1:31.6 | Yes, so after listening to our year end rap on negotiating and earning your worth, she decided |
| 1:37.1 | to go for it and negotiate for the first time in her life. |
| 1:40.5 | And she recently received a new job offer but wanted more pay. |
| 1:45.0 | So she asked and the response was sorry there aren't enough funds to meet that request. |
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