So Money with Farnoosh Torabi

1884: Ask Farnoosh: Interview Strategies, High-Yield Savings Accounts, and Home Buying Advice


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Farnoosh kicks things off with life updates—juggling the whirlwind of September as a parent, launching The Montclair Pod (now a finalist for a prestigious Signal Award (vote here)), and coping with a double hit of bank fraud that forced her to shut down an account and rebuild her banking setup.


Sign up for her investing workshop on Tuesday, Sept 30 at SoMoneyWorkshop.com


Farnoosh also shares important personal finance headlines:


  • Doctors vs. Insurance Companies: New prior-authorization rules delaying basic care.
  • Amazon’s $2.5 billion FTC settlement: Millions of Prime subscribers may be eligible for refunds.
  • Iron Hill Brewery closures: A beloved East Coast restaurant chain, tied to her own family memories, shutters permanently.


In the mailbag, she tackles listener questions on:


  • Whether to open multiple high-yield savings accounts for different goals like emergencies, annual expenses, and travel.
  • The best ways to start saving for a child’s college education—including 529 plans, gifting platforms, and Roth IRAs.
  • How to ace a financial services interview at age 23 without licenses yet—focusing on passion, relatability, research, and asking smart questions.
  • Dividing money between an emergency fund, retirement, and a down payment on a home.
  • Strategies for intermediate savings goals like marriage or travel within 10 years, and how to balance risk vs. safety in those investments.


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So Money with Farnoosh TorabiBy Farnoosh Torabi

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