Think Like A CFO Podcast

Understanding Your Finances Is True Self-Care

May 03, 2021 Melissa Houston / Farnoosh Torabi Episode 34
Think Like A CFO Podcast
Understanding Your Finances Is True Self-Care
Chapters
Think Like A CFO Podcast
Understanding Your Finances Is True Self-Care
May 03, 2021 Episode 34
Melissa Houston / Farnoosh Torabi

“Knowing about your money is the ultimate form of self care.”

—  Farnoosh Torabi

I’m so excited about my guest for this episode! Farnoosh Torabi is a leading personal finance authority and the author of three books on personal finance and mindset. 

Her latest book, When She Makes More: 10 Rules for Breadwinning Women, is about the new rules for love and life, and gives top-earning women the strategies, tools, and mindset to really be empowered in the role and stop it from getting in the way of their relationships.

More women than ever find themselves in the position of being the higher earner in their relationship.

Unfortunately, social beliefs about women and money haven’t caught up to this reality.

A 2020 UBS survey of over 1800 married couples found that OVER HALF of the women still let male spouses handle all long-term financial and investment decisions, and a recent Pew study found that many still believe that the breadwinner should be a man’s role.

While we want and expect gender equality in society, there’s still a huge gap between our progressive values and our outdated social conditioning!

Listen in to discover:‌ ‌

  • How and when we are conditioned to believe that women are “bad with money” — and the consequences of this belief
  • How to raise children who are comfortable dealing with money
  • Farnoosh’s advice for women who defer to their spouses regarding financial decisions

About Farnoosh Torabi

Farnoosh is a leading personal finance authority and the author of three books on personal finance and mindset.  She has made multiple television appearances and written for top magazines including Glamour and Marie Claire. She is a contributing editor for O, The Oprah Magazine and creator of the award-winning So Money podcast.

Highlights:‌ ‌

  • 01:59  Meet Farnoosh Torabi & Pays to Podcast 
  • 04:47  When She Makes More book
  • 07:34  The she-cession 
  • 10:26  Superwomen & support
  • 11:48  Stay-at-home parent pay
  • 14:27  2020 UBS report
  • 17:03  Mindset issues & consequences
  • 18:49  Reality check & solutions
  • 23:59  Date-onomics 
  • 26:40  Pride & motivation
  • 28:30  Dinner table money talk
  • 31:00  Advice for partnered women

Links:‌ ‌

https://farnoosh.tv

Twitter: @farnoosh

Instagram: @farnooshtorabi

So Money podcast

https://podcast.farnoosh.tv

Books

https://farnoosh.tv/books/when-she-makes-more

https://farnoosh.tv/books/other-books

2020 UBS Own Your Worth report
https://advisors.ubs.com/fwmgsarasota/mediahandler/media/323256/own-your-worth-report-2020.pdf

Date-onomics: How Dating Became a Lopsided Numbers Game by Jon Birger
https://jonbirger.com/books/date-onomics-how-dating-became-a-lopsided-numbers-game

The 5-Step Roadmap to Biz Finance Freedom

https://melissahoustoncpa.lpages.co/5-step-biz-finance-roadmap

Work with me
https://www.melissahoustoncpa.com/work-with-me 

Want more tips and inspiration? Follow me on Twitter @melissahcpa and Pinterest @melissahoustoncpacga and visit my website: https://www.melissahoustoncpa.com

Show Notes

“Knowing about your money is the ultimate form of self care.”

—  Farnoosh Torabi

I’m so excited about my guest for this episode! Farnoosh Torabi is a leading personal finance authority and the author of three books on personal finance and mindset. 

Her latest book, When She Makes More: 10 Rules for Breadwinning Women, is about the new rules for love and life, and gives top-earning women the strategies, tools, and mindset to really be empowered in the role and stop it from getting in the way of their relationships.

More women than ever find themselves in the position of being the higher earner in their relationship.

Unfortunately, social beliefs about women and money haven’t caught up to this reality.

A 2020 UBS survey of over 1800 married couples found that OVER HALF of the women still let male spouses handle all long-term financial and investment decisions, and a recent Pew study found that many still believe that the breadwinner should be a man’s role.

While we want and expect gender equality in society, there’s still a huge gap between our progressive values and our outdated social conditioning!

Listen in to discover:‌ ‌

  • How and when we are conditioned to believe that women are “bad with money” — and the consequences of this belief
  • How to raise children who are comfortable dealing with money
  • Farnoosh’s advice for women who defer to their spouses regarding financial decisions

About Farnoosh Torabi

Farnoosh is a leading personal finance authority and the author of three books on personal finance and mindset.  She has made multiple television appearances and written for top magazines including Glamour and Marie Claire. She is a contributing editor for O, The Oprah Magazine and creator of the award-winning So Money podcast.

Highlights:‌ ‌

  • 01:59  Meet Farnoosh Torabi & Pays to Podcast 
  • 04:47  When She Makes More book
  • 07:34  The she-cession 
  • 10:26  Superwomen & support
  • 11:48  Stay-at-home parent pay
  • 14:27  2020 UBS report
  • 17:03  Mindset issues & consequences
  • 18:49  Reality check & solutions
  • 23:59  Date-onomics 
  • 26:40  Pride & motivation
  • 28:30  Dinner table money talk
  • 31:00  Advice for partnered women

Links:‌ ‌

https://farnoosh.tv

Twitter: @farnoosh

Instagram: @farnooshtorabi

So Money podcast

https://podcast.farnoosh.tv

Books

https://farnoosh.tv/books/when-she-makes-more

https://farnoosh.tv/books/other-books

2020 UBS Own Your Worth report
https://advisors.ubs.com/fwmgsarasota/mediahandler/media/323256/own-your-worth-report-2020.pdf

Date-onomics: How Dating Became a Lopsided Numbers Game by Jon Birger
https://jonbirger.com/books/date-onomics-how-dating-became-a-lopsided-numbers-game

The 5-Step Roadmap to Biz Finance Freedom

https://melissahoustoncpa.lpages.co/5-step-biz-finance-roadmap

Work with me
https://www.melissahoustoncpa.com/work-with-me 

Want more tips and inspiration? Follow me on Twitter @melissahcpa and Pinterest @melissahoustoncpacga and visit my website: https://www.melissahoustoncpa.com