By April MacIntyre Nov 3, 2009, 3:30 GMT
SOAPnet’s “Bank of Mom and Dad” will air on Wednesday, November 25, 2009 at 10:00 p.m. ET/PT.
Money Coach Farnoosh Torabi joined TheStreet.com TV in July 2006 as the site's first official video correspondent. Farnoosh is the author of You’re So Money, a new, personal finance tell-all for young adults that explains how to pay down debt and live it up at the same time.
Jackie is trapped in a vicious cycle, spending beyond her means to project an image of success while getting deeper and deeper into debt, on "Bank of Mom and Dad" airing Wednesday, November 25 AT 10 PM ET/PT ON SOAPNET
It's a Matter of Life or Debt.
She is also TheStreet’s monthly columnist for Entrepreneur Magazine. Previously, Farnoosh was a business producer and on-air reporter for NY1 News, Time Warner's 24-hour news channel in New York City. Farnoosh has written for Money, Time, New York Daily News and Newsday. Farnoosh is a graduate of Pennsylvania State University."
Episode 109 is all about Jackie - a 26-year-old dietician who is spending way beyond her means in order to solicit high-end clients and project an image of success and luxury.
Although her dad foots the bill on her car payment and her boyfriend pays all the rent, Jackie is depleting her savings to support her lavish lifestyle while attempting to pay off her debt.
At the rate she’s going, she’ll have no savings in two years. With the help of money coach Farnoosh Torabi, Jackie's father, Stephen, will move in to force her to face the ugly truth about her life, on a new episode of "Bank of Mom & Dad."
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