So Money with Farnoosh Torabi Farnoosh Torabi

Deesha Dyer is the former White House Social Secretary under President Obama, meaning she was THE person responsible for state dinners, official functions, visits by Popes and presidents, performances by Beyoncé (!), and more. Deesha's new book UNDIPLOMATIC pulls back the curtain on White House life to funny, winning effect, but even more so, it documents a young Black woman's struggle to belong in our nation's most prestigious spaces.
 
In 2009, at age 31, Deesha Dyer's finances were... messy. She'd dropped out of college, accruing a mountain of debt but no degree. She had an eviction on her record and bad credit. She plugged away at an admin job, while freelancing as an organizer and blogger of her beloved hip-hop / soul scene in Philly. (Hello, Jill Scott!)
 
Inspired by the Obama campaign, she applied for a White House internship that she knew was a longshot. These jobs were for phenoms from Harvard and Howard. Not part-time community college students in their thirties with zero connections. To her shock, Deesha got the gig. For the first time in her life, she had a full-time job that reflected her passion for change. In just five years or so, she was in charge of a whole White House department.

Today's show: Managing a $100k inheritance; debt pay-down strategies; should I pay for a certification to switch careers if I'm in debt?
Also: Farnoosh weighs in on Footballer Harrison Butker's ridiculous graduation speech directed at the women graduates.
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Author of the national bestselling novel THE SICILIAN INHERITANCE and host of the UNDER THE INFLUENCE podcast, Jo Piazza, joins the show to discuss the rich themes in her newest book.

Stay tuned for tonight's Webby's BTS, where So Money receives an award -- on Farnoosh's Instagram.
Today's show covers the ins and outs of LLCs and S-Corps and how to determine which one (or both) is best for structuring your business. The guest is Hannah Cole, creator of Sunlight Tax. You can visit Sunlight Tax for resources mentioned in today's episode.

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Today's episode addresses questions from the audience about career transitions. One listener is concerned that making a job switch could impact the finances in her relationship, as she is the sole breadwinner at the moment. Another listener struggles to pivot in her 40s, worried about the risks of "starting over" in a new career. Finally, one friend in the audience wants to know how to become more ready for retirement. Where should she park $400,000 in cash?

May is Mental Health Awareness Month, a time to reflect on how our financial well-being impacts our mental health and how generational trauma may be at the root of stress and anxiety about money. Guest Sahaj Kohli is the founder of Brown Girl Therapy and the author of the new book But What Will People Say: Navigating Mental Health, Identity, Love, and Family Between Cultures.