EP 348: Women & Money: Financial Independence is Your BirthrightFeb 18, 2023
Welcome Ladies to The Real Estate InvestHER Show! On today’s episode, our co-hosts Liz and Andresa are joined by Farnoosh Torabi! Farnoosh Torabi is a personal finance expert, author, and podcast host. She has been featured in multiple publications and on news programs, and with her podcast, So Money, having surpassed 18 million downloads and being listened to in 160 countries, Farnoosh is a leader in the financial literacy space. She is a graduate of Pennsylvania State University and Columbia University Graduate School of Journalism. Her latest book is entitled "When She Makes More: The Truth About Love and Life for a New Generation of Women" and her next book is a memoir entitled "A Healthy State of Panic," coming out in Spring 2023.
Join this conversation as they discuss money relationships between parents, partners, and women stepping into new roles This conversation highlights strategies for couples to manage their finances in a healthy way and accommodate for life changes such as having kids or one partner taking a break from work. They touch upon the importance of teaching children to be patient and to play the long game in order to manage their money, as well as the value of working with a financial advisor in the early stages of a relationship. Farnoosh also shares her own personal journey of learning to accept fear and use it to her advantage in order to create a personally fulfilling life along with the book that she is writing about this journey. Don't miss out on this engaging conversation!
· “The universe is going to put so many things in your way because you've asked for what you've wanted”. (06:02 - 06:11)
· “Be fearless. They will hold you back. Learn how to have a really mature relationship with fear." (17:21 - 17:25)
· “Being financially independent is your birthright”. (31:16 - 31:19)
· “A goal without a plan is just a dream. If you're entitled to your goals, individual and with your couple, they don't really work unless you have a plan.” (34:50 - 35:01)
· “It is not about hiding the failures or hiding the arguments between your spouse from your kids about money. They need to see the other side of it. So, if you're going to invite them into your financial life. Show them the mess or show them what you are working on”. (51:26 - 51:42)
· “You don't need to meet your mentors. Simply just observing their actions and their words is fuel.” (01:02:06 - 01:02:11)
Connect with Farnoosh:
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