1806: Ask Farnoosh: Recession Fears; What to Do With My Savings and Debt?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 28 March 2025

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this week’s Ask Farnoosh episode, Farnoosh unpacks your top financial questions with the looming threat of a recession on everyone’s mind. Should you prioritize paying off debt or building up savings? Is it ever wise to cash out a Roth IRA? What’s the deal with doctor-specific mortgage programs? And how can you move money between brokerage accounts without triggering taxes?

Farnoosh also breaks down the latest CNBC CFO Council survey, which reveals growing pessimism and recession forecasts.

Transcript

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0:00.0	Hello Blue Skies.
0:04.0	Hello moving onwards and upwards.
0:06.0	Say hello to taking control of your money with the UK's number one investment and savings platform.
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0:16.0	Hargreaves Landsdown. Hello life.
0:19.0	Invest, save, retire. Say hello claim, see hl.co.uk
0:26.3	forward slash platform. You may get back less than you invest.
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0:49.1	on-demand, subscription-based service
0:50.8	that works for you and your business.
0:53.4	Go to Moneypenny.com.uk today.
1:02.0	So Money Episode 1806 Ask Farnoosh. You're listening to So Money with award-winning money guru Farnush Karabi.
1:12.0	Each day, get a 30-minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnoose yourself.
1:21.2	Looking for ways to save on gas or double your double coupons?
1:25.0	Sorry.
1:25.9	You're in the wrong place.
	...

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