920: Ask Farnoosh: What Risks to Consider When Renting Out Home? (Replay)

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 2 August 2019

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

**Originally aired on February 7, 2018** My husband and I will be quitting our jobs later this year to travel globally for a year. Aside from savings and insurance, what should we consider? My husband and I contribute to our retirement, savings and children's 529 plans. Should we be adding to these buckets or putting our money elsewhere? What are risks to consider when renting out part of your home? Answering these questions and more with co-host and marketing consultant Erica Gellerman. To learn more about Erica visit www.ericagellerman.com or follow her on Twitter @ericagellerman. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So Money,
0:02.0	Ask Farnush, a replay.
0:05.0	You're listening to So Money,
0:08.0	with award-winning Money Guru Farnush Tarabi.
0:10.0	Each day, get a 30 minute dose of financial inspiration from the world's top business minds,
0:15.6	authors, influencers, and from Farnus herself.
0:20.0	Looking for ways to save on gas or double your double coupons?
0:23.6	Sorry, you're in the wrong place.
0:25.6	Seeking profound ways to live a richer, happier life.
0:29.0	Welcome to So Money. You're listening to So Money, everyone. Happy Friday, March 2nd. It is the day
0:37.8	before my daughter turns one. So happy early birthday to Colette.'re all really excited we can't believe it's
0:45.1	been a year already we're heading out to Pennsylvania this weekend to
0:49.1	celebrate with some grandparents and cousins and I did a very so money thing which is that you know well
0:58.0	on the one hand putting a party together for a one year old it should not cost a lot of money. You really should
1:04.4	not go above and beyond. And that said, our family is pretty big. Tim's family, you know, it's like
1:11.6	30 people and they're all over and there's not really one home that we can all meet at.
1:17.0	So we did spend a little bit on the location, but everything else I really kind of went simple.
1:24.3	The decorations are framed adorable pictures of her and we got some balloons which are not expensive
1:30.5	and then the flowers get this.
1:32.1	I found a site online where you can order flowers wholesale and I just did that
1:38.6	sent them to my mother-in-law's house
1:40.6	they should be getting there today.
	...

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