Share
So Money with Farnoosh Torabi
232: Travis Hornsby, So Money Millennial
When you think of retiring early…you might think 55..50…Mr. Money Mustache retired when he was 30 – which WAS the youngest age I’d heard of retiring at…until I got an email from my guest today Travis Hornsby. He is 25 years old and claims that he is retired! My first reaction was – WHAT? And then I laughed…and then I thought I really need to talk to him. A little more about Travis: Up until this year he was working as a bond trader at Vanguard. He had passed the CFA exams, and was on track to become a Portfolio Manager, but he realized that he wasn't fulfilled…reminds me of a tony robbins saying that success without fulfillment is FAILURE. Travis had always been a big saver since college, so he decided to take the plunge and start saving two-thirds of his income and live like a pauper with the goal to retire at 25, which he has just achieved. As of right now he is enjoying his retirement by traveling the world. He’s already been all over Europe, and plans to travel to South America and Asia next. Today he’s coming to us all the way from Poland! He has started the website millennialmoola.com to share his advice and help others save and live more. He also has a brand new book called 25 IS THE NEW 65, where he shares his story of how he retired early and shows other millennials how they can do it too.
More episodes
View all episodes
1707: Ask Farnoosh: Pre-Nups and Switching Up Finances in Your Marriage
30:23|This week: A recap of the stock market's volatile run, navigating pre-nups with your beloved, inheriting money when you don't really *need* it, and advice for how to adjust the financial arrangements in your marriage.Enter to win a free signed copy of A Healthy State of Panic.Sign up for Farnoosh's weekly newsletter.Join the So Money Members Club.Check out our recent episode on inheritances. BOOK GIVEAWAYhttps://www.instagram.com/reel/C-YEjjQJzvZ/?utm_source=ig_web_copy_linkALL-THINGS INHERITANCES1706: Your Financial Action Plan With Tiffany "The Budgetnista" Aliche
33:36|Tiffany “The Budgetnista” Aliche, is back again with important financial advice, as we navigate life's uncertainties. How do we get financially creative to solve current economic challenges? What's the best way to prepare kids for managing an inheritance? What are some items we tend to overlook when estate planning?Tiffany's latest financial tool is a new workbook called Made Whole: The Practical Guide to Reaching Your Financial Goals, which offers a practical approach to transforming financial dreams into reality. This episode aired originally on November 20, 2023.1705: Build Financial Confidence and Reclaim Your Financial Mindset with NYT Bestseller Kara Loewentheil
30:53|New York Times bestselling author of Take Back Your Brain, Kara Loewentheil, unveils her proven strategies for closing the “brain gap,” and how women can reclaim their financial confidence in a patriarchal society.1704: Ask Farnoosh: Real Estate Investing, Money & Marriage (Encore)
28:22|This week from the mailbag: Thoughts on playing the lottery, investing in real estate syndication, selling a home you inherited, and how much financial transparency is necessary in a marriage? Referenced on the episode: Interview with co-founders of GoodEgg Investment. (This episode aired originally on March 22, 2024)Read the Amazon scam article in The Cut | Download Farnoosh's cribsheet for When She Makes More1703: Balancing Act: Fintech Exec Alyssa Schaefer on Career, Family, and Financial Innovation
26:26|I know some might be looking for a "man in finance," as the viral TikTok goes, but I wanted to find a woman in finance and learn about her rise to the top and how she’s balancing the demands of work and her personal life. Alyssa Schaefer is the General Manager and Chief Experience Officer at Laurel Road, a digital banking platform, where Alyssa oversees all aspects of the business, including Marketing, Operations, Risk, and P&L Management. Before Laurel Road, Alyssa held several leadership positions in the financial services industry. She's also a mom of twin toddlers. In our convo, Alyssa shares the best career advice she's received, the benefits of being a generalist in her profession, and how Laurel Road services many borrowers in the medical and healthcare fields.1702: Poverty, Drugs & Financial Trauma with J. Dana Trent, Author of Between Two Trailers
40:18|J. Dana Trent joins to share stories from her childhood as the daughter of a drug dealer, taught to cut up weed as a pre-schooler to support the family business. Her memoir, Between Two Trailers, chronicles the trauma from her troubled past and Dana's ultimate reconciliation with her past life and parents. More about J. Dana Trent: She is an accomplished professor and award-winning spirituality writer with a master’s degree from Duke.1701: Ask Farnoosh: A Budget for New Parents, Early Mortgage Payoff and Investing in Your 50s
41:18|Guest co-host Georgia Lee Hussey, founder of Modernist Financial, joins to share insights into how to manage your money during an election year and to help answer audience questions about paying off a mortgage early, budgeting for a newborn and investing in your 50s. Links mentioned: wealthramp.com/farnoosh and 36 Questions for Civic Love.1700: Working Through Financial Stress and Election Anxiety
32:07|Has your financial anxiety increased with the uncertainties around this year's election? Guest Aja Evans, a board-certified therapist, speaker, and writer specializing in financial therapy, shares insights into how and why election years typically cause heightened financial stress -- and how we can work through economic and political unknowns. Aja's forthcoming book, Feel Good Finance, is a judgment-free book that will help you take control of your money while prioritizing your financial wellness.1699: Affording the Pursuit of Pleasure in Paris with Gylnnis MacNicol
41:35|Today we have the singular Glynnis MacNicol, journalist, memoirist and author of the new book, I'm Mostly Here to Enjoy Myself: One Woman's Pursuit of Pleasure in Paris. We explore what it means to be a woman untethered, single, child-free and a quest to have fun -- for fun's sake. Gylnnis' memoir takes place during the summer of 2021, as she ventured from NYC to Paris during the global pandemic. We discuss the economics of being Gynnis, how she afforded her time abroad, and how she affords many of her rich experiences (without needing to spend money).