Financial Blunders to Financial Buff: How Farnoosh Torabi's Money History Grew Her Career

Published 2020-08-17
Farnoosh Torabi grew up talking about money. Her parents are from the Middle East, and in her culture, they “never miss a moment to talk about money.”

As the go-to girl for finance advice among her friends, imagine her surprise when she sat down and looked at her financial situation to discover tens of thousands of dollars in credit card debt! Farnoosh realized that paying for everything with a card, then paying the minimum balances didn’t lead to debt free life.

Not wanting to continue a life of debt - mainly so she wouldn’t have to tell her mom - she hustled during school. Taking class notes and selling them on her school’s notes system, babysitting, bird sitting, anything that would generate income so she could throw money at her debt and pay it off.

Graduation took her to New York City and a stroke of luck found her a shared apartment with a married couple for $500 a month. Definitely less than she could find on her own. She started off making very little, and strategically increased her income to offset the fact that she “isn’t a good saver.”

Farnoosh has parlayed her own financial knowledge into a career teaching others how to manage their own finances. From books, to podcasts, to television, Farnoosh is everywhere, educating this oh-so-important skill so that others can work toward their own financial freedom.

All Comments (11)
  • @LoriLivers
    I love this!! My money mindset had to be "reset" before I could grow into the financial position I had envisioned for myself - but I finally got there and have left my 9 to 5 behind 😀
  • Great stuff, we just love the pb content We are strong believers in educating yourself. It's one of the main reasons we started our show to push ourselves to keep learning. And also to help others learn.
  • Financial education frees us from getting screwed in this seemingly unfair game.
  • Only in the first 30min but she is sharing such a unique perspective, don't think many people know journalism isn't lucrative
  • @MizAmeliaTv
    Learning about finance is so important that's why I created my channel! Love this
  • @OscarTorresWork
    I find in America Employers suggest not speaking about money due to discrepancies in how much people are paid to avoid arousing Jealousy and finding out how little one gets paid for their job description. I've seen it in many positions I have had while working, another note I was born in the US.
  • @JadeTrading
    Rich people make investments, poor people make purchases!
  • @davidr4523
    Great guest, but these host Mindy and Scott, who are very nice/smart people, have no personality. Compared to Brandon and David Green they are incredibly boring. Also their question are very general and they don't ask probing questions. Their guest basically dominate the conversation and show.