Farnoosh Torabi's Blog, page 71
November 14, 2011
Anderson: Save Now
If your financial situation is stressing you out, there is a solution. On Anderson's "Stop Spending, Start Saving!" show on Monday, I share my "Four-Week Plan" that will help anyone straighten out their bank account. Plus, get advice on how to make it through the holidays without getting into debt! Tune into Anderson today. Find out when it's on in your area here.
Also, check out my backstage interview where I get a chance to talk about what we DIDN'T have time for on the show:
Photo courtesy: AndersonCooper.com
November 9, 2011
Money 911: Student Loans
On the Today Show this morning, we tackle your financial questions ranging from student loan debt to managing finances in retirement. Check out the clip!
Visit msnbc.com for breaking news, world news, and news about the economy
November 4, 2011
Nate: Paycheck to Paycheck
On today's episode of The Nate Berkus Show, I help a young family living paycheck to paycheck. Check out the clip!
November 2, 2011
Today Show: Money 911
This morning on Today's Money 911, learn how to manage a 401(k) direct rollover and proper ways to use a 529 college savings plan.
Visit msnbc.com for breaking news, world news, and news about the economy
November 1, 2011
Save $1,500 on Health Care
As workers update their health insurance plans this open-enrollment season, some may face higher out-of-pocket costs. A new study by The Kaiser Family Foundation found that annual premiums for employer-sponsored health insurance plans jumped by nine percent from 2010 to 2011 to $4,129 for families and $921 for single individuals.
To help offset some of the increase in insurance premiums, check out my piece on Yahoo!Finance regarding some easy ways to deduct more than $1,500 off your annual health-related expenses. Or, check out the video below.
October 28, 2011
Advice For College Students
I'm at my alma mater this Friday – The Pennsylvania State University – and looking forward to speaking with hundreds of students about the importance of managing money in college. On average, graduates are entering the "Real World" with $24,000 in student loan debt and another $4,000 in credit card debt…and facing a job market that won't bite. What do these student need to know NOW before they graduate in order to have a head start on their financial lives?
Some of the topics we'll cover…
Student Loans
Know What You'll Owe
What are the New Consolidation Rules?
Resources: IBRinfo.org
Credit Cards
Skip 'em
Whatever you do, don't cosign!
Making Money
Ways to start a revenue stream on your own
A job makes money less abstract
Internships and Coops – A Must!
Graduate on Time
Less than 40% of full-time college students are finishing in 4 years.
That's a $30,000 error
Boomeranging!
How to stay cool when you're living a home with the 'rents after you graduate
Watch Your Friends
How to manage peer pressure to avoid spending more than you can
Managing bills with your friends – SplitaBill.com, SplitTheRent.org and WePay.com
October 26, 2011
Good Day NY: Relief For Student Borrowers
President Obama is expected to announce a few changes that could help student loan borrowers better afford their monthly payments.
Here's the skinny on the enhancements from my interview with Good Day NY this morning. More information below:
New Student Loan Relief Program: MyFoxNY.com
Enhancements to the existing income-based repayment program:
Beginning in 2012, there will be a lower cap on monthly payments for borrowers who qualify for the Income-Based Repayment program to 10% of disposable income instead of the current 15%.
If you qualify for IBR, your remaining loans after 20 years will be forgiven, as opposed to the current 25-year wait.
Borrowers who hold federally-backed loans from a private banks, as well as direct loans from the government, will be able to consolidate them into one loan with one reduced interest rate. It's expected the reduction will amount to 0.5%.
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October 25, 2011
Save $100,000 on Home Repair
In this week's installment of Financially Fit, we learn how to avoid home maintenance disasters and save a boat load of money by performing a few easy home inspections. Check out the clip below!
October 24, 2011
NBC: Drugstore Don'ts
While the local drugstore is expanding in size and scope, you don't necessarily want to one-stop shop here. Check out my interview with NBC Universal below on ways to shop smart at your local drug store.
Today Show: Bargain Traps
From bulk buys to freebies, this morning on the Today Show, Al Roker and I discuss when a bargain just isn't a bargain. The segment stems from my savings show "Financially Fit" on Yahoo!Finance, which airs a fresh piece each Tuesday morning.
Visit msnbc.com for breaking news, world news, and news about the economy
