677: Ask Farnoosh, Does closing a checking or savings bank account affect your credit score?

I have two daughters, 12 and 14... how do I teach them to invest? Does closing a checking or savings bank account affect your credit score? Is a Roth IRA or 457b government deferred compensation plan better for a 27-year old who is planning for retirement for the first time? Answering these questions of yours and more on this week's show with So Money friend and Profit Boss Radio host Hilary Hendershott. To learn more about Hilary's event on Friday, January 19th in San Jose, CA visit www.profitbosslive.com. To learn more visit www.somoneypodcast.com.

Om Podcasten

*** Named a Best Podcast By The New York Times, Time Magazine, Real Simple and MSNBC *** Host Farnoosh Torabi is an award-winning financial strategist, TV host and bestselling author. With over 40 million downloads and multiple Webby wins, So Money is dedicated to sharing inspiring money strategies and stories straight from today's financial leaders, bestselling authors and entrepreneurs. One day, hear an intimate money conversation with industry greats like Queen Latifah, Barbara Corcoran or Margaret Cho. Another day learn the basics of cryptocurrency and its impact on our wallets. On Fridays, tune in as Farnoosh answers our most pressing financial questions about saving, investing and building wealth. Advice and insights always delivered through a lens of equity, inclusivity and the changing world we live in. Want more? Join the So Money Members Club at SoMoneyMembers.com.