632: Ask Farnoosh, Should we use cash savings to pay off our credit card debt?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 29 September 2017

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Should we use most of our cash savings to pay off our credit card debt? My biggest challenge is budgeting... should I open a bank account with a major bank to help save and budget? How do you deal with both saving for retirement and paying off student loans? Answering these questions of yours and more on this week's Ask Farnoosh with special co-host and business money strategist Justin Krane. To share your own question for an upcoming Ask Farnoosh episode, click the 'Ask Farnoosh' button on the top righthand corner and record or write-in your question at www.somoneypodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So Money episode 632, Ask Farnush with special guest Justin Crane.
0:06.0	You're listening to So Money, with award-winning Money Guru Farnush
0:11.1	Karabi. Each day, get a 30 minute dose of financial
0:14.6	inspiration from the world's top business minds, authors, influencers, and from
0:19.3	Farnuus herself. 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 Soo money.
0:35.0	Justin Crane, welcome to Ask Farnoosh.
0:38.6	Hey, thanks for having me.
0:39.7	I'm so psyched to be here.
0:41.0	I love having guests co-host this Friday episode with me and I'm
0:45.3	very much looking forward to having you on. Really I should have you on so money to
0:50.2	interview you, pick your brain about all your financial theories and philosophies, maybe
0:55.8	for another time.
0:56.8	But for now, I'm very excited to share the mic with you and go through some of our top questions. We get so many questions every week.
1:05.0	It's hard to sift through it all alone, all by by alone some. So Justin, welcome to the show and thank you.
1:10.3	Thanks again. You are. I'm going to brag about you for a little bit because you deserve it.
1:16.7	Your book is called Money You Got This.
1:20.5	God I love that title.
1:22.2	And what I like, I especially like about your approach to money and everyone
1:26.3	listening Justin Crane is a money strategist for business owners he is on a mission to help business owners entrepreneurs really understand the money side of their business because you're right like a lot of times we just go about the idea and the business and we're great at building things but once we start making that money that's a whole
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