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Afford Anything | Make Smart Money Choices

This Year’s Financial Reckoning, with Farnoosh Torabi

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.73.6K Ratings

🗓️ 28 July 2020

⏱️ 58 minutes

🧾️ Download transcript

Summary

#267: This week, one of the most acclaimed names in the world of personal finance journalism joins us to reflect on the events of 2020. Farnoosh Torabi started covering personal finance in 2003 as a reporter for Money Magazine. She later became a correspondent for Jim Cramer's The Street and the host of CNBC's primetime show Follow the Leader. She's the host of the award-winning So Money podcast and the author of several bestselling personal finance books, including When She Makes More: 10 Rules for Breadwinning Women. She's a contributing editor to NextAdvisor, a personal finance platform in partnership with TIME, as well as a financial columnist to O, The Oprah Magazine and a contributing editor for Bloomberg Business. She joins us to discuss how the events of 2020 have led to a great financial reckoning. You'll enjoy this if: - You want to hear candid discussion about race, privilege, and the wealth chasm - You're curious to hear about how the personal finance landscape has changed in the last two decades - You're wondering if, in fact, "this time it's different" For more information, visit the show notes at https://affordanything.com/episode267 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

You can afford anything but not everything.

0:11.2

Every choice that you make carries a trade-off.

0:13.7

And that doesn't just apply to how you spend your money, it applies to how you spend

0:16.4

anything.

0:17.5

Your time, your focus, your attention, your energy, every yes to something is an implicit

0:22.6

note to something else and that leads to two questions.

0:25.2

First, what matters most to you?

0:28.0

And second, how do you make daily decisions that reflect that which matters most?

0:34.2

Answering these two questions is a lifetime practice and that's what this podcast is here

0:37.1

to explore.

0:38.1

My name is Paula Pant, I am the host of the Affordable Care Foundation.

0:40.9

And today, my friend, the brilliant, Farnush Torabi, joins us.

0:45.5

Farnush is the host of one of the most popular personal finance podcasts in the world of

0:49.9

podcasting.

0:50.9

It's called the So Money Podcast.

0:52.9

And it's an award-winning podcast with excellent guests.

0:56.3

She has been covering personal finance as a journalist for nearly two decades.

1:00.8

She has a master's in journalism from Columbia University and she started her career 17 years

1:05.5

ago as a reporter for Money Magazine.

1:08.2

After that, she became a financial correspondent for Jim Kramer's The Street and then joined

1:13.7

Yahoo Finance to host a weekly video series called Financially Fit.

1:17.7

She's the author of many books, including When She Makes More, which is a book about

...

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