In his book, Die with Zero, Bill Perkins challenges the notion of passing down your wealth. In fact, during a health screening, his doctor asked in the evaluation about financial stress: “Do you have fears of running out of money?” Bill said, “I hope I run out of money!” We discuss the merits of spending more money in your living years, how to calculate getting to “enough” net worth and balancing taking care of children and dependents with the notion of dying with zero. Bill is the CEO of BrisaMax Holdings. After training on Wall Street, he made his fortune in Houston as an energy trader. He has been Reuters, Financial Times, TIME magazine, Cigar Aficionado, BusinessInsider, and appears frequently on CNBC. This episode originally aired August 3, 2020. Hosted on Acast. See acast.com/privacy for more information.

1588: Leave an Inheritance or Die with Zero?

*** Named a Best Podcast By The New York Times, Time Magazine, Real Simple and MSNBC *** Host Farnoosh Torabi is an award-winning financial strategist, TV host and bestselling author. Her newest book is entitled A Healthy State of Panic. With over 30 million downloads and multiple Webby wins, So Money is dedicated to sharing inspiring money strategies and stories straight from today's financial leaders, bestselling authors and entrepreneurs. One day, hear an intimate money conversation with industry greats like Queen Latifah, Barbara Corcoran or Margaret Cho. Another day learn the basics of cryptocurrency and its impact on our wallets. On Fridays, tune in as Farnoosh answers our most pressing financial questions about saving, investing and building wealth. Advice and insights always delivered through a lens of equity, inclusivity and the changing world we live in. Want more? Join the So Money Members Club at SoMoneyMembers.com. Hosted on Acast. See acast.com/privacy for more information.

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Today's show: Managing a $100k inheritance; debt pay-down strategies; should I pay for a certification to switch careers if I'm in debt?  Also: Farnoosh weighs in on Footballer Harrison Butker's ridiculous graduation speech directed at the women graduates. Sign up for the So Money Members Club. Get on the waitlist for the next Book to Brand here. Hosted on Acast. See acast.com/privacy for more information.

1671: Ask Farnoosh: Harrison Butker's Deranged Graduation Speech and More!

Author of the national bestselling novel THE SICILIAN INHERITANCE and host of the UNDER THE INFLUENCE podcast, Jo Piazza, joins the show to discuss the rich themes in her newest book. Hosted on Acast. See acast.com/privacy for more information.

1670: Money, Murder and Modern Feminism with Jo Piazza, Author of The Sicilian Inheritance

Stay tuned for tonight's Webby's BTS, where So Money receives an award -- on Farnoosh's Instagram. Today's show covers the ins and outs of LLCs and S-Corps and how to determine which one (or both) is best for structuring your business. The guest is Hannah Cole, creator of Sunlight Tax. You can visit Sunlight Tax for resources mentioned in today's episode. Hosted on Acast. See acast.com/privacy for more information.

1669: LLC versus S-Corp: Which One Is Right For You?

Join the So Money Members Club to gain access to Farnoosh on the go and a front-row seat to her monthly workshops. Today's episode addresses questions from the audience about career transitions. One listener is concerned that making a job switch could impact the finances in her relationship, as she is the sole breadwinner at the moment. Another listener struggles to pivot in her 40s, worried about the risks of "starting over" in a new career.  Finally, one friend in the audience wants to know how to become more ready for retirement. Where should she park $400,000 in cash?  Hosted on Acast. See acast.com/privacy for more information.

1668: Ask Farnoosh: I'm the Sole Breadwinner Right Now. Can I Afford to Change Jobs?

May is Mental Health Awareness Month, a time to reflect on how our financial well-being impacts our mental health and how generational trauma may be at the root of stress and anxiety about money. Guest Sahaj Kohli is the founder of Brown Girl Therapy and the author of the new book But What Will People Say: Navigating Mental Health, Identity, Love, and Family Between Cultures.   Hosted on Acast. See acast.com/privacy for more information.

1588: Leave an Inheritance or Die with Zero?

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