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So Money with Farnoosh Torabi

610: Douglas Boneparth, The Millennial Money Fix Co-Author

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.72K Ratings

🗓️ 9 August 2017

⏱️ 31 minutes

🧾️ Download transcript

Summary

Today's guest is a a 32-year old certified financial planner who deeply knows the financial struggles of his generation. Douglas Boneparth and his wife Heather grappled with $300,000 in combined student loan debt. They somehow managed to overcome it and now want to support their generation to teach them how to take better control of their money. They've co-authored a new book called The Millennial Money Fix, which dives into the challenges they faced and offers a step-by-step guide on how to take control of your finances.

Douglas and I talk about how his financial practice caters to the Millennials, a generation that doesn't have a lot of money to invest. He shares the key strategies that helped him and his wife conquer their six-figure debt and his best advice for young adults seeking financial independence.

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Transcript

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0:00.0

So Money Episode 610, Douglas Bonaparth, co-author of the millennial money fix.

0:05.7

You're listening to So Money, with award-winning Money Guru Farnush Karabi.

0:11.7

Each day, get a 30 minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnuish yourselves.

0:20.0

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

0:25.0

Sorry, you're in the wrong place.

0:27.0

Seeking profound ways to live a richer, happier life.

0:30.0

Welcome to So Money.

0:32.0

You're listening to So Money. You're listening to So Money, everyone.

0:35.0

Welcome to the show, August 9th, 2017.

0:38.0

I am your host, Farnish Terabi.

0:41.0

And on our show today, we have a 32 year old certified financial

0:46.4

planner who deeply knows the financial struggles of his generation. Douglas

0:52.4

Bonaparth and his wife Heather grappled with $300,000 in combined student loan debt. They somehow managed

1:01.4

to overcome it and now they want to support their fellow peers, their

1:06.2

generation, and teach them how to take better control of their money.

1:10.8

They've co-authored a new book, it's called The millennial money fix, and it dives into the

1:16.1

challenges they faced and also offers a step-by-step guide on how to take control of your finances.

1:23.0

Douglas talks about his financial practice,

1:25.0

why he's catering to millennials, a generation

1:28.0

that doesn't really have a lot of money to invest.

1:31.0

He shares the key strategies that helped him and his wife conquer their

1:34.3

six-figure debt. Also, his best advice for young adults on the path to

...

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