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Product Author Bios

Farnoosh Torabi, one of the nation's newest and most fascinating personal finance experts, is author of Psych Yourself Rich: Get the Mindset and Discipline You Need to Build Your Financial Life. Torabi’s work has been featured in Money, Entrepreneur, Glamour, and Marie Claire. She is money coach for Credit.com, financial expert for LearnVest.com, and contributor to MoneyWatch.com. She starred in SOAPNet’s reality series Bank of Mom & Dad, where she coached young women struggling with debt. She was formerly senior financial correspondent and host of Wall Street Confidential with Jim Cramer for TheStreet.com TV.

This Element is an excerpt from Psych Yourself Rich: Get the Mindset and Discipline You Need to Build Your Financial Life (9780137079278) by Farnoosh Torabi. Available in print and digital formats.

 

How to determine what’s worth spending money on, and what isn’t (hint: your best investment is yourself!).

 

Consider how to pursue a financial life with an emphasis on value; how to make financial moves you can proudly say are “worth it.” Just because something is affordable doesn’t make it worthy. In this chapter, you’ll find a formula for determining what a worthy expense looks like, no matter how big or small it is…

 
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