NerdWallet's Smart Money Podcast

Take your New Year’s Resolutions to the next level by establishing SMARTR financial goals that you can achieve in 2024.

Wondering how to set financial goals you’ll actually follow through on? Have questions about how to avoid end-of-year financial regrets? The Nerds have you covered! Explore strategies for setting realistic goals in 2024 with hosts Sean Pyles and Elizabeth Renter as they discuss “regrets and resolutions” and share ideas to help you take your 2023 experiences in stride, learn from them, and use them as stepping stones for creating a stable financial future. 

They explore some of the financial regrets that haunted many Americans in 2023, including overspending and saving too little, and provide tips for avoiding common financial regrets, such as taking on too much credit card debt. Sean also explains his SMARTR framework for setting and achieving goals, which you can apply to your New Year’s Resolutions or any other goal you have in 2024.

In their conversation, the Nerds discuss: SMARTR financial goal setting, financial regrets, setting realistic goals, budgeting, saving, credit card debt, large expenses, New Year’s resolutions, goal setting framework, emergency funds, and retirement savings.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn pro tips for shopping on social media so you don’t overspend, and smart strategies for investing your spare cash.

This Week in Your Money: Get equipped with practical tips to shop smart on social media platforms and stay vigilant against overspending. Personal finance Nerd Kimberly Palmer joins hosts Sean Pyles and Liz Weston for a Nerdy look at how your social media feed may be leading you to spend more money than you should. You’ll learn about useful browser extensions to help you compare prices, a reminder to check customer reviews and how the setting and a false sense of urgency can lead people to spend too much money and perhaps share too much personal information.

Today’s Money Question: Investing Nerd Sam Taube joins Sean and Liz to answer a listener’s question about how to invest extra money currently sitting in a high-yield savings account. The Nerds take a deep look into the importance of emergency funds and how to set realistic financial goals, offering practical advice on starting your own emergency fund and discussing how your cost of living can influence the amount you should consider saving. They also explain how using online banks can make savings goals more tangible, before they switch gears and dive into the vast world of investment options, including the mutual funds, exchange traded funds, individual stocks, high-interest savings accounts and money market accounts.

Takeaway Tips.

In their conversation, Sean and Liz discuss: social media shopping; influencer marketing; price comparison shopping; how to read customer reviews; smart shopping browser extensions; limited time offers; options for investing spare cash; emergency funds; cost of living adjustments; online bank savings buckets; short-term and long-term financial goals; money market savings accounts; money market mutual funds; CDs; and splurging.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of NerdWallet's Smart Money Podcast, hosts Sean Pyles and Sara Rathner share the best money moves of 2023 as submitted by their fellow colleagues. Some of the highlights include saving aggressively to prepare for future expenses, getting rid of private mortgage insurance, automating finances for budgeting and planning, setting up 529 college savings plans for children, shopping around for the best mortgage rates, and understanding the difference between an emergency fund and a rainy day fund.

Learn more about your ad choices. Visit megaphone.fm/adchoices

We recap the financial rollercoaster that was 2023, including interest rates, market movements, travel mishaps and more.

Before reviewing this year’s biggest financial news headlines, hosts Sean Pyles and Anna Helhoski discuss federal interest rates, dropping mortgage rates, strong holiday spending numbers, and two new record highs — one for the stock market, and the other for a Southwest Airlines fine.

Then, Sean and Anna turn their attention to an analysis of the economy's bizarre yet resilient nature in 2023. They discuss the strength of the job market, inflation fluctuations, surprising deflation in certain sectors, Congress's tussles over the debt ceiling, banks collapsing, and the trials of student loan borrowers. They also discuss the news that came at the conclusion of 2023, including looming government shutdown concerns and ongoing Congressional debates, setting the stage for what could unfold in the financial landscape of the coming year. 

In their conversation, the Nerds discuss: personal finance news, Federal Reserve, interest rates, mortgage rates, housing market, stock market, inflation, the US economy, holiday spending, Southwest Airlines, travel, unemployment, debt ceiling, Congress, banks, student loans, job market, inflation, government shutdown, strikes, gas prices, financial events, economic analysis, and the Dow Jones Industrial Average hitting a record high.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn about practical money management tasks to set yourself up for success in 2024 and tips for choosing a budgeting app.

01:11 This Week in Your Money: Hosts Sean Pyles and Sara Rathner propose three money tasks to tackle this winter. The first is a task to do this week, the next is something to do over the course of a month, and the last is something you can do over the whole winter season. By completing these tasks, you may be able to put yourself in a better financial position going into the new year. They also share their personal strategies for setting budgeting boundaries and practicing radical acceptance with family members during the holiday season.

11:55 Today’s Money Question: NerdWallet writer Lauren Schwahn joins Sean and Sara to help answer a listener’s question about how to choose a new budgeting app, with many consumers in the market following the news that the Mint app is shutting down. They discuss different types of budgeting apps and how to understand your own needs to ensure that you choose an app that’s well-suited to your preferences. They also specifically discuss the NerdWallet, Copilot, and YNAB budgeting apps.

In their conversation, the Nerds discuss: personal finances, money management, budgeting apps, financial success, planning for 2024, Copilot app, YNAB app, spending trackers, financial checkups, Mint closure, budgeting boundaries, financial success, new year, financial empowerment, winter money tasks, financial checkup, money goals, unused subscriptions, spending habits, comparing budgeting apps, features, costs, security, customer support, money management styles, budgeting for beginners, budget categories, financial institutions, and budgeting app user reviews.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of NerdWallet's Smart Money Podcast, hosts Sean Pyles and Sara Rathner share feedback and constructive criticism from listeners over the past year.

They discuss topics such as the need for more representation minority groups in financial discussions, the importance of highlighting issues related to race and gender, the coverage of alternative healthcare in insurance plans, and the challenges of discussing controversial topics from a financial perspective.

They also address listener comments about their personal experiences and perspectives on money management.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn how to use AI for help with budgeting and saving money, then learn whether credit cards or debit cards are safer.

01:30 This Week in Your Money: NerdWallet banking writer Chanelle Bessette joins hosts Sean Pyles and Sara Rathner to discuss how AI can be used to help with budgeting and saving money. They explore how AI chatbots can assist in creating a budget and setting savings goals, why it’s important to double check chatbots’ math and consider seeking official financial advice for more risky decisions. They also talk about the benefits of incorporating AI into money management and DIY projects by providing cost estimates and step-by-step instructions. 

12:47 Today’s Money Question: NerdWallet writer Melissa Lamberina joins Sean and Sara to help answer a listener’s question about whether it’s safer to use a debit card or a credit card. She breaks down the differences in protections for credit and debit cards, including built-in safeguards and liability limits. They also explore the benefits of using credit cards and share their personal approaches to using credit and debit cards for daily transactions.

In their conversation, the Nerds discuss: AI chatbots, personal finance, budgeting help, savings, banking, money management, DIY projects, credit cards, debit cards, fraud protection, tracking expenses, financial strategies, daily transactions, artificial intelligence, credit card rewards, Electronic Funds Transfer Act, Fair Credit Billing Act, and liabilities for fraudulent charges.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Smart Money podcast, hosts Sean Pyles and Sara Rathner share the best money moves made by their listeners in 2023. Some of the wins include listeners who moved their Roth IRA account away from a pricey financial advisor, one who paid off their student loans and started a business, and another who successfully managed their money with ADHD. 

In their conversation, the Nerds discuss: Roth IRAs, credit scores, student loans, estate planning, home buying, credit cards, financial advisors, high-yield savings accounts, paying off cars, money market accounts, 401ks, and HSAs.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn how the Department of Justice is tackling the ticketing industry — and what it could mean for buyers and sellers.

Before focusing on Congress’ latest ticketing industry crackdown, hosts Sean Pyles and Anna Helhoski discuss the IRS' delayed online seller rule, a revision to Q3 GDP figures, a new survey on money and happiness, the merger between Alaska Airlines and Hawaiian Airlines, and self-serve airplane snacks. Get ready for an episode that dissects the struggle for fair ticket prices and the potential consequences of a ticketing market in need of change.

Then, Sean and Anna explore the chaotic world of concert ticketing, focusing on an investigation by Congress and the Justice Department into Live Nation Entertainment. They unpack the sky-high prices and dive into class-action lawsuits that Swifties and other concertgoers have leveled in recent years before explaining what could happen next.

In their conversation, the Nerds discuss: personal finance, news roundup, form 1099-K, ticketing industry investigation, Congress, the Justice Department, Ticketmaster, Live Nation Entertainment, high prices, lawsuits, IRS, digital payment processors, Q3 GDP, money and happiness survey, airline mergers, self-serve snacks, finance news, Congress investigation, event ticketing, fees, Biden Administration, and transparency of fees for event ticketing.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Protect yourself from sophisticated holiday shopping scams and explore the psychology behind changing your money mindset.

01:07 This Week in Your Money: Hosts Sean Pyles and Sara Rathner discuss tactics for avoiding three common money scams, including social media ad scams, charity scams, and gift card scams.

10:08 Today’s Money Question: Sean and Sara answer a listener’s question about how to change your money mindset. They discuss methods you can use to understand your current attitudes and behaviors towards money, the emotional connection to money and the stories we tell ourselves about our finances. They explain how past experiences and family dynamics can shape your money mindset, and offer tips for identifying and potentially changing harmful money habits. They also provide three clear steps for shifting your money mindset.

In their conversation, the Nerds discuss: holiday shopping scams, social media ad scams, charity scams, gift card scams, safe payment methods, financial attitudes, wealth, personal finances, money habits, financial self-awareness, money management, mindset shifting, impulse buys, financial goals, online shopping, fraud protection, financial challenges, financial empowerment, money mindset, financial management, saving habits, spending habits, financial growth, budgeting, impulse purchases, reverse budgeting, money mindset transformation, holiday fraud, and personal finance psychology.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to NerdWallet’s Smart Money podcast, where we answer real-world money questions. In this episode: 

Nerds Sean Pyles and Kimberly Palmer speak with Farnoosh Torabi, author of the new book, “A Healthy State of Panic.” She explains how we can use our fears as a superpower to make better decisions when it comes to finances, career and life. Torabi is a personal finance expert and host of the “So Money” podcast. 

In their discussion, Torabi shares how her upbringing as the daughter of immigrants taught her to be fearful of certain things, but that as an adult, she realized that embracing her natural fear of negative outcomes actually helps her to make better choices. During the pandemic, she decided to take the risk of buying a new home, even though she was scared of taking such a big leap. In retrospect, she says, it was one of the best decisions she and her family could have made.

Torabi also shares her advice on how to overcome paralyzing fear. Sometimes, she says, it’s a good idea to actually think through every terrible outcome that could occur, so you can realize that those results are unlikely to become reality. And in some cases, she adds, fear stops you from making truly bad choices. And while confronting such heavy topics, Torabi always maintains her trademark humor, bringing levity to difficult conversations. 

Check out this episode on your favorite podcast platform, including:

• 
  
• Apple Podcasts
• 
  
• Spotify
• 
  

NerdWallet stories related to this episode:

A Scarcity Mindset Can Cost You Mentally and Financially 

Money Envy Harms Mental Health

Emergency Fund Calculator: How Much Will Protect You?

Have a money question? Text or call us at 901-730-6373. Or you can email us at podcast@nerdwallet.com. To hear previous episodes, go to the podcast homepage.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Uncover the true cost of making financial decisions (and financial indecision) and get tips for shopping for a new bank.

01:19 This Week in Your Money: Explore the concept of financial opportunity cost and the trade-offs we make with our money with hosts Sean Pyles and Sara Rathner. They discuss the risks associated with sticking with the status quo, the importance of periodically reassessing your financial decisions, the potential pitfalls of always relying on automatic payments, and the benefits of switching banks and taking advantage of sign-up bonuses.

10:05 Today’s Money Question: Andee, a 69-year-old listener, joins Sean and Sara to discuss the challenges associated with finding the right bank for her financial needs. They talk about how to navigate the process of researching and switching banks for easier management and better interest rates. They discuss the sometimes misleading allure of signup bonuses, tips on how to compare banks, and options for managing savings and expenses through high-yield savings accounts. They also explain how you can use these accounts for both short-term and long-term goals, such as paying for recurring costs like mortgages and daycare, as well as saving for home renovations. 

27:17 Wrap-up.

In their conversation, the Nerds discuss: financial choices, changing banks, high-yield savings accounts, financial decisions, bank bonuses, financial trade-offs, managing personal finances, automatic payments, long-term financial goals, online banking, keeping multiple savings accounts, financial advisors, opportunity costs, financial trade-offs, maintaining the status quo, financial brand loyalty, interest rates, navigating customer reviews, banking customer service, checking accounts, savings accounts, sign up bonuses, and strategic financial planning.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn which prices are slowing down—or even dropping—as a result of deflation, including your Thanksgiving feast.

Before focusing on price deflation, hosts Sean Pyles and Anna Helhoski explore recent financial updates, including the rising income among first-time homebuyers, the United Autoworkers Union (UAW) ratifying new contracts with the Big Three automakers, and Black Friday and Cyber Monday sales trends.

Then, Sean and Anna explain what’s happening behind recent price deflation. They highlight significant price drops across various goods and services, including eggs, smartphones, health insurance, gas, and Thanksgiving dinner essentials. They also break down the significance of these price reductions amid ongoing inflationary pressures, potentially offering a glimpse of relief for consumers in specific sectors.

In their conversation, the Nerds discuss: homebuyer demographics, rising incomes, housing market shifts, UAW contracts, Black Friday sales, Cyber Monday sales, philanthropic gestures, deflation insights, price drop analysis, consumer trends, Thanksgiving food prices, holiday deals, charitable legacies, inflation impact, and deflation.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you really need money to be happy? Or is money the reason you’re unhappy? Either way, chances are your relationship to money and happiness is a little, well, messy. 

To kick off this Nerdy deep dive into money and happiness, Sean talks with happiness experts Gretchen Rubin and Robert Puff to understand what happiness really means. Then Sean talks with Morgan Housel, author of “The Psychology of Money,” about where money and happiness intersect.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn tactics to make and manage a budget, understand credit scores, and manage debt to improve your financial health.

02:02 Budgeting Basics: Personal Finance Nerd Elizabeth Ayoola discusses how you can create and stick to a budget. She explains how to use the 50-30-20 method to allocate your income, gives tips on how to adjust your budget to fit your needs, and methods for budgeting and stretching your paycheck when it arrives at different intervals, like monthly or biweekly. 

13:35 Credit Scores and Credit Reports: NerdWallet writer Lauren Schwahn breaks down the basics of credit scores and credit reports. She explains how to get negative or incorrect information off of your credit report, how to get a higher credit limit, and how different sources of debt can affect your credit. She also discusses the differences between good debt and bad debt.

25:59 How to Manage Debt: Elizabeth shares strategies you can use to manage debt in order to improve your financial health. She covers debt to income ratios, snowball and avalanche methods of debt repayment, debt consolidation, how to allocate extra income from side hustles, and the legal process of bankruptcy. 

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

In their conversation, the Nerds discuss: personal finance tips, budgeting, managing debt, credit scores, financial goals, 50-30-20 method, expense tracking, credit reports, debt-to-income ratios, snowball method, avalanche method, debt consolidation, financial health, paying bills, budgeting strategies, income tracking, variable income, saving, debt repayment, bankruptcy, debt settlement, side hustles, financial discipline, credit utilization, emergency funds, and financial planning.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Delve into recent stock market developments. Plus, tax bracket adjustments.

Before taking an in-depth look at what’s going on in the stock and bond markets, hosts Sean Pyles and Anna Helhoski delve into the recent developments in personal finance news. They start by breaking down the latest inflation numbers. Then, they discuss the concerning increase in credit card delinquencies, shedding light on rising balances and the generational shift in credit card usage before offering smart tips on managing credit balances in a high-interest rate environment. They then turn their attention to the latest IRS tax bracket adjustments and break down the implications for taxpayers.

Investing Nerd Sam Taube then joins Sean and Anna to talk about recent stock market developments, unraveling the connection between rising Treasury yields, bond market shifts, and their impact on stock prices. They discuss potential implications for investors, diversification strategies for the current financial climate, and key economic events to watch for in November.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

In their conversation, the Nerds discuss: personal finance, market swings, inflation, credit card delinquencies, inflation-adjusted tax brackets for tax year 2024, stock markets, Pew Research Center survey on tipping, investing, economic events, treasury yields, interest rates, portfolio diversification, market fluctuations, consumer price index, Federal Reserve, borrowing costs, Dow Jones, the S&P 500, active trading, and inflation data.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Craft your holiday shopping plan with Black Friday insights, then understand options for buying a home in today’s market.

01:24 This Week in Your Money: Unlock the secrets of savvy shopping by learning about the biggest sales events of the year. Hosts Sean Pyles and Sara Rathner discuss the holiday shopping season with Personal Finance Nerd Tommy Tindall, who talks about the value of shopping on Black Friday versus other annual sales events like Cyber Monday, the best days of the season to find deals in certain categories like big ticket electronics and winter clothing, and helpful tips for how to budget for your holiday shopping list. 

12:55 Today’s Money Question: Home and Mortgage Nerd Kate Wood joins Sean and Sara to answer a listener’s question about whether to purchase a home now or wait and see if interest rates go down. They discuss the current state of interest rates, the refinancing process, interest rate buy downs, adjustable rate mortgages, and how state and local programs can help first-time homebuyers. They also explore different types of homes such as condos or townhouses on their way to helping first-time buyers understand their options for making homeownership an affordable dream.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

In their conversation, the Nerds discuss: Black Friday shopping tips, sales events, Cyber Monday, housing market, housing affordability crisis, 30-year mortgages, homeownership, adjustable rate mortgages, refinancing, home affordability calculator, housing affordability solutions, first-time home buyers, credit card debt, holiday shopping, home ownership, interest rates, real estate, and buy now, pay later loans.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Understand employer-provided benefits, from dental and vision coverage to more unique perks like legal assistance.

In the third and final episode of our special series on open enrollment, hosts Sean Pyles and Liz Weston discuss the various benefits that employers offer during open enrollment season aside from health insurance. Liz speaks with Amber Clayton (Society for Human Resource Management) about dental and vision coverage, long-term care insurance, pet insurance, legal assistance, adoption assistance, gym memberships, mental health benefits, and more. 

They offer tips for preparing for open enrollment, provide statistics on how common it is for certain benefits to be offered, and give an important reminder of upcoming enrollment deadlines for health insurance through the Affordable Care Act, Medicare, federal employee plans and private employer plans.

In their conversation, the Nerds discuss: employer-provided benefits, benefits packages, Society for Human Resource Management (SHRM), open enrollment season, dental coverage, vision coverage, ACA Marketplace, healthcare.gov, supplemental coverage, long-term care options, gym memberships, mental health benefits, employee benefits, pet insurance, in-network providers, health insurance, dental and vision insurance, financial planning, legal assistance, employee assistance programs, financial wellness, tuition assistance, adoption assistance, student loan reimbursements, 529 plan payroll deductions, company swag, free snacks, matching charitable contributions, and employee retention and recruitment.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn how recent headlines could impact your finances, including a federal real estate ruling and new employment figures.

Hosts Sean Pyles and Anna Helhoski start by dissecting the latest monthly jobs report and its potential impact on the Federal Reserve's interest rate policies, then explain how a recent federal jury's decision on real estate agent commissions could reshape the way homes are bought and sold in the United States. They then turn their attention to former cryptocurrency billionaire Sam Bankman-Fried's conviction on various counts of criminal fraud. 

With the announcement that popular budgeting app Mint will be retiring, the Nerds offer tips on how to transition to alternative budgeting tools. They also discuss open enrollment season for health insurance and other benefits, emphasizing the importance of making informed choices about insurance coverage. To wrap up the episode, Sean and Anna share an unusual legal story involving a subcontractor, a welding company, and a large stash of coins. Find out why cash isn't always king and why it may not pay to be difficult to work with in your financial dealings.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

In their conversation, the Nerds discuss: job reports, a realtor price-fixing ruling, crypto convictions, coin payment, personal finance, money news, labor market, Federal Reserve, real estate commissions, the National Association of Realtors (NAR) lawsuit, Sam Bankman-Fried, FTX, Mint, budgeting apps, healthcare open enrollment, health insurance benefits,, financial news, federal jury, antitrust case, cryptocurrency, wire fraud, securities fraud, money laundering, and paying with coins.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn about two quick credit tips, 403b and 529 plans, delinquencies on old loans, and budgeting when you only get paid once a month.

01:11 This Week in Your Money: Hosts Sean Pyles and Sara Rathner provide two quick tips for improving credit scores. The first tip involves credit utilization, which is the amount of available credit that you're using. They also discuss the option of asking for an increased credit card limit. For their second tip, they discuss the benefits and risks of becoming an authorized user on a friend or family’s credit card. To wrap up their discussion, they advise on the benefits of checking your credit report for accuracy and why it may not be necessary to worry about your exact credit score if it’s already above 720.

11:11 Money Question Lightning Round: NerdWallet’s Liz Weston joins Sean to answer several listener questions. They discuss 529 plans and how they may impact eligibility for financial aid, whether a delinquency on an old loan will still show up on a credit report after the loan has been refinanced, tax-advantaged vehicles for retirement savings when a 401k plan is unavailable (like a thrift savings plan), how to manage money when you only get paid once a month, and how to decide whether a 403b retirement plan is worth using as opposed to alternative retirement plans.

In their conversation, the Nerds discuss: credit scores, financial future, credit utilization, strategic payments, higher credit limits, authorized users, credit reports, 529 savings plans, need-based financial aid, college savings strategies, private student loans, refinancing, budgeting, retirement planning, spending tracking, budgeting software, automated transfers, Thrift Savings Plan (TSP), 401k and 403b retirement plans, retirement options, credit tips, credit card limit, credit bureaus, collections account, credit report error, budgeting tips, the savings bucket strategy, and lifestyle inflation.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Explore coverage options to protect your income in worst-case scenarios, such as life insurance and disability insurance.

Hosts Sean Pyles and Liz Weston discuss the importance of insurance coverage, highlighting statistics around how many people are underinsured or lack adequate coverage. To dive deeper into different types of coverage, Liz welcomes Insurance Nerd Ryan Brady and John Ryan, founder and CEO of Ryan Insurance Strategy Consultants, to explain various types of insurance.

In this episode, they talk about life insurance, accidental death and dismemberment insurance (AD&D) insurance, and disability insurance, and explore the nuances of employer-provided life insurance and supplemental insurance. Plus: the complexities of disability insurance, comparing short-term and long-term coverage, and the interplay between employer-provided disability insurance, individual disability insurance, workers' compensation, and Social Security. 

In their conversation, the Nerds discuss: life insurance, disability insurance, workplace benefits, financial needs, income protection, supplemental insurance, accidental death and dismemberment insurance (AD&D), disability coverage, short-term disability, long-term disability, employer-provided disability insurance, choosing an insurance policy, workers' compensation, Social Security, insurance complexities, income safeguards, accidental death insurance, dismemberment insurance, critical illness insurance, hospital indemnity coverage, and pre-existing conditions clauses.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Understand the costs of renting versus buying a home. Plus: the UAW strike, GDP growth, debit card fees, and AI policy.

Before discussing housing affordability, hosts Sean Pyles and Anna Helhoski review noteworthy financial headlines, including an update on the UAW strike against major US automakers, the latest Commerce Department numbers on GDP growth, debit card merchant fees, and the White House’s wide-ranging executive order pertaining to artificial intelligence.

Then, Sean and Anna welcome Jeff Tucker, a senior economist at the real estate website Zillow, to discuss the impact that rising interest rates could have on your decision to rent or buy a home. Jeff provides historical context, explains the factors contributing to the gap between renting and buying costs, and touches on the challenges faced by first-time homebuyers. The discussion also explores the impact of housing inventory on the market, including whether homes are pulled off the market or remain unsold for extended periods.

In their conversation, the Nerds discuss: United Auto Workers (UAW) strike, GDP growth, debit card fees, AI Executive Order, housing affordability, renting vs. buying, personal finance, financial news, interest rates, inflation, mortgage rates, the economy, housing market, rental costs, down payments, homebuyers, housing inventory, AI technology, tech regulations, consumer spending, interest rate hikes, bank fees, and home ownership.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Hear Nerds’ “financial horror stories” and explore solutions for paying credit card debt, from 401k loans to bankruptcy.

01:20 This Week in Your Money: Hosts Sean Pyles and Sara Rathner share their personal “financial horror” stories, including Sean’s rejected credit card application and what happened to some of Sara’s retirement account funds. They’re cautionary tales that will help you make sure you’re getting the most out of your money.

09:46 Today’s Money Question: Sean welcomes Nerd Liz Weston and Tommy Tindall to help answer a question about whether a listener should consider taking out a 401k loan to pay off credit card debt. Tommy explains how calculating your debt-to-income ratio can help you understand your options. He also shares the pros and cons of various methods for paying off credit card debt, including credit card hardship programs, balance transfer cards, personal loans and filing for bankruptcy. He also shares his personal experience of taking out a $15,000 loan from his 401k to make a down payment on a house, breaking down both the benefits and opportunity costs associated with the decision. 

28:05 Final Thoughts.

In their conversation, the Nerds discuss: financial horror stories, credit card debt, debt-to-income ratio, investment journeys, 401k loans, debt-to-income ratio (DTI), credit card hardship programs, balance transfer cards, personal loans, missed payments, bankruptcy, high credit scores, retirement money, debt solutions, paying off debt, financial tools, compound returns, cashflow challenges, opportunity costs, credit counseling agencies, and debt management plans.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Expert Nerds talk through the complexities of open enrollment, starting with ways to assess healthcare plans and costs.

This episode takes a deep dive into specific terminology and scenarios relevant to choosing health insurance coverage. Hosts Sean Pyles and Liz Weston start with an overview of open enrollment period timelines for November and December 2023 before welcoming guest Nerd Kate Ashford to explain deductibles, premiums, HMOs, PPOs and HDHPs. 

Then, NerdWallet’s Tina Orem joins the show to discuss the pros and cons of high deductible plans and the intricacies of Health Savings Accounts (HSAs) and both Medical and Dependent Care Flexible Spending Accounts (FSAs). In the second half of this episode, she zeroes in on selecting optimal health insurance for individual needs, discussing the merits and disadvantages of different health plans, budgeting for healthcare, and how to compare the benefits of an FSA and an HSA.

In their conversation, the Nerds discuss: open enrollment, health insurance options, healthcare choices, high deductible plans, premiums, health savings accounts (HSAs), flexible spending accounts (FSAs), optimal health insurance, HMOs, PPOs, HDHPs, health insurance budgeting, FSA vs HSA, the use it or lose it rule, health insurance decision-making, health insurance terminology, healthcare strategies, health plan selection, medical costs, and types of health insurance coverage.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn practical financial tips to save on rising commuting costs as workers increasingly return to the office.

Before discussing the rising costs of commuting, hosts Sean Pyles and Anna Helhoski review noteworthy financial headlines, including the Federal Reserve's influence on interest rates, the latest Commerce Department report on retail sales, the Mercer CFA Institute’s Global Pension Index ranking of 47 different kinds of retirement systems from around the world, and the IRS's pilot program for free tax preparation software called Direct File.

Then, Sean and Anna welcome NerdWallet’s Liz Renter to take a deep dive into the escalating costs of commuting to work. The Nerds explore the demographics of commuters, factors driving car ownership costs, the fluctuation in gas prices and the international events affecting fuel costs, and the used car market. They also discuss whether consumers can expect relief in the near future and share practical strategies for keeping costs down.

In their conversation, the Nerds discuss: personal finance, money news, commuting, car ownership, money headlines, the Federal Reserve, interest rates, retirement systems, the IRS, tax preparation software, commuting costs, auto insurance, gas prices, used car prices, economic trends, carpooling, savings, consumer spending, government debt, wealth, retirement savings, and fuel costs.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Get budgeting tips for conventions and hobbies straight from New York Comic Con, then learn about money saving strategies for car and home insurance.

01:20 This Week in Your Money: Having just returned from New York Comic Con, host Sean Pyles discusses what he learned about budgeting for conventions, hobbies and cosplay outfits. He also shares an interview with Kayden Phoenix, a Los Angeles-based comic book writer known for her Latina superheroes. Kayden shares her experiences attending Comic Con and other conventions, including the costs associated with attending such events and how she has managed to minimize expenses for her business. Following their interview, Sean highlights the strong sense of community and shares his overall impressions of the event.

13:17 Today’s Money Question: Insurance Nerd Ryan Brady joins Sean to help answer a listener’s question about car and home insurance, breaking down important elements to consider, what different coverages mean and how to save money. He first explains the different types of car insurance, including liability insurance, comprehensive and collision insurance, and uninsured and underinsured motorist coverage. He and Sean also discuss how to save money on car insurance by shopping around, asking about discounts, and raising deductibles. Ryan then moves on to home insurance and explains the different types of coverage, including dwelling coverage, personal property insurance, personal liability coverage, and loss of use coverage. He discusses the importance of insuring your home and the risks of not having insurance or being underinsured. The Nerds also provide tips for shopping for home insurance, such as comparing quotes and considering the coverage limits. 

In their conversation, the Nerds discuss: car insurance, home insurance, New York Comic Con, Kayden Phoenix, Latina superheroes, cosplay culture, dwelling coverage, personal property insurance, loss of use coverage, climate-related risks, insurance literacy, car insurance types, liability insurance, collision insurance, comprehensive coverage, uninsured motorist coverage, underinsured motorist coverage, insurance deductibles, cheap car insurance, insurance agents, insurance brokers, insurance discounts, raising insurance deductibles, being overinsured or underinsured, traffic accidents, and insurance claims.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

If you’re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Understand the financial and legal challenges in LGBTQ+ health care, including HIV treatment and gender-affirming surgery.

NerdWallet’s Sean Pyles and Sam Taube delve into the intricate financial and legal issues faced by the LGBTQ+ community regarding their health care. They start by exploring the struggle to prevent and treat HIV, focusing on the effectiveness and financial burden related to pre-exposure prophylaxis (PrEP) and highly effective antiretroviral treatment (HEART). Sam speaks with Tim Horn, a director of the public health systems team at the National Alliance of State and Territorial AIDS Directors, or NASTAD, about these drugs and available resources for those dealing with these expenses. The discussion isn't just about costs, but also shines a light on the barriers and shares resources.

Sam then discusses the high cost of gender-affirming care for transgender individuals. He speaks with Andrea Romero, a licensed financial advisor based in New Orleans, about how costs can start accumulating even before hormone therapy or surgery, including expenses related to therapy sessions, hair removal, binders or gaffs, and wardrobe changes. She also addresses the high costs of gender-affirming surgery, health insurance coverage, and resources and financial strategies that can help people manage these costs.

In their conversation, the Nerds discuss: LGBTQ+ health care costs, financial challenges, legal struggles, gender-affirming surgery, HIV prevention, treatment of HIV, pre-exposure prophylaxis drug assistance programs (PrEP DAPs), highly effective antiretroviral therapy (HEART), insurance coverage, patient assistance programs, copay assistance programs, state government programs, cost of transitioning, aesthetic treatments, hair removal, costs associated with gender-affirming care, trans health care costs, insurance coverage, and financial strategies.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn how to plan for the golden years with a deep dive into long-term care, Social Security, Medicare and estate planning.

3:23 Long-Term Care Insurance: Kate Ashford, a certified senior advisor specializing in Medicare and retirement topics, discusses the intricacies of long-term care insurance, including exactly what Medicare covers in terms of long-term care costs. Kate also discusses alternative options to long-term care insurance such as hybrid policies that combine permanent life insurance with a long-term care rider.

8:30 Social Security: Liz Weston, a certified financial planner and senior writer on the core personal finance team, offers insights into the misconceptions and complexities surrounding Social Security. Liz discusses the big benefits of delaying Social Security claims to maximize benefits, addresses the idea of Social Security going bankrupt, and explains the difference between the decision to stop working and the decision to apply for Social Security. Liz also breaks down what happens to Social Security benefits when one member of a married couple dies.

15:47 Medicare: Alex Rosenberg, a lead writer specializing in Medicare and information technology, provides a comprehensive understanding of Medicare, a federal health insurance program primarily for individuals aged 65 and over. Alex explains the different parts of Medicare, including Part A (hospital insurance), Part B (outpatient care), and Part D (prescription drugs), and their associated costs and coverage. Alex also discusses the pros and cons of the two ways of getting Medicare coverage and stresses the importance of knowing when to sign up, choosing the appropriate coverage, preparing for premiums, and planning for non-covered healthcare needs.

24:02 Estate Planning: Dalia Ramirez, a lead writer specializing in estate planning, explores the critical aspects of end-of-life planning and estate management. Dalia talks about the necessary tools for estate planning, such as wills, trusts, beneficiary designated accounts, and property deeds, and delves into the significance of healthcare and medical pre-planning, which includes power of attorney designation and living wills. Dalia also discusses the importance of having a plan in place for emergency scenarios and the roles you might serve for a loved one, such as being a power of attorney for medical decisions or a beneficiary of their property. 

33:26 Q&A: The Nerds wrap up by explaining whether it’s possible to qualify for both Medicaid and Medicare, broad guidelines for coordinating the many responsibilities siblings may share when it comes to taking care of aging parents, and how often a will should be revisited after it’s created.

In their conversation, the Nerds discuss: end-of-life planning, the 30/60 talk, the 40/70 talk, long-term care insurance, Social Security benefits, Medicare Advantage, Medicaid, estate planning, health insurance, retirement planning, wills, trusts, power of attorney designation, living wills, emergency planning, family caregiving, managing medical and financial responsibilities, long-term financial decisions, healthcare pre-planning, beneficiary designations, and property deeds.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Understand recent and upcoming changes in costs and access to reproductive care, as well as resources to manage them.

This episode delves into the complex and ever-changing landscape of reproductive care costs. Hosts Sean Pyles and Sam Taube discuss the financial implications of recent high-profile court cases, including the overturning of Roe v. Wade and the Burwell v. Hobby Lobby decision, which significantly transformed insurance coverage for birth control. Sean and Sam break down the before-insurance costs of contraceptives and explain how a new over-the-counter birth control pill, Opill, could help make birth control more accessible. 

Sam also speaks with Daily Garcia, a director at the Planned Parenthood Federation of America, about the costs and barriers associated with reproductive health care, particularly birth control and abortion. She explains how birth control and abortion costs can vary significantly based on type, insurance coverage, and individual circumstances. She also addresses the impact of state restrictions and resources available to help people overcome them.

In their conversation, the Nerds discuss: costs of reproductive care, the overturning of Roe v. Wade, Burwell v. Hobby Lobby, Dobbs v. Jackson Women's Health Health Organization, access to birth control, contraceptives, over-the-counter birth control pills, the Opill, abortion costs, travel costs for abortion, insurance coverage, health insurance, the National Network of Abortion, the National Abortion Hotline, health care accessibility, systemic discrimination, neglected communities, patient navigators, court cases, bodily autonomy, health care legislation, mifepristone, misoprostol, and Planned Parenthood resources.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn how removing medical debt from credit reports will protect consumers. Plus: rising interest rates and falling stock prices.

Before discussing news from the Consumer Financial Protection Bureau (CFPB) that could reshape the way medical debt impacts your credit score, hosts Sean Pyles and Anna Helhoski discuss the latest news around student loan forgiveness, rising auto and mortgage rates, and recent losses in the stock market. They then turn their attention to the benefits of omitting medical debts and collection information from credit reports.

In their conversation, the Nerds discuss: medical debt, credit reports, consumer protection, Medicaid disenrollment, Consumer Financial Protection Bureau (CFPB), healthcare costs, collection agencies, mortgage interest rates, stock prices, student loans, debt forgiveness, loan relief, income-driven repayment (IDR), car payments, 401k balances, Dow Jones Industrials, S&P 500, credit reporting agencies, and Medicaid coverage.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn why it’s a good time to check your credit card interest rates, and why to start planning your holiday travel now.

01:03 This Week in Your Money: NerdWallet’s Rosalie Murphy joins host Sean Pyles to discuss rising credit card interest rates and how they can impact debt repayment. They offer tips on adapting to higher interest rates and how you may be able to negotiate a lower rate or payment plan with your credit card issuer if you're struggling to make repayments. They also discuss balance transfer credit cards that offer 0% APR intro periods and non-profit credit counseling organizations that could help you create a personalized debt payoff plan.

06:35 Today’s Money Question: Travel Nerds Elina Geller and Sally French join Sean to explain why now is a good time to start planning for this year’s holiday travel season. They discuss the best time to book flights, the least and most busy travel dates around Thanksgiving, and restrictions on basic economy seats that could prevent you from reaching your destination if anything goes wrong with your flight. They also dive into travel insurance, Apple AirTags, and deals that allow credit card holders to use points for airport perks beyond ticket costs. The Nerds also weigh the pros and cons of booking flights on short notice, and discuss what you may want to consider when deciding whether to drive instead of fly.

In their conversation, the Nerds discuss: rising credit card interest rates, annual percentage rates (APR), holiday travel, credit card management, travel tips, budget travel, last-minute booking, travel planning, elite status qualifying trips, travel insurance, Apple AirTags, luggage tracking, debt repayment, credit card reward points and miles, managing debt, and the busiest Thanksgiving travel dates.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Understand how legal restrictions and policies are increasing health care costs, especially for marginalized communities.

This episode explores rising health care prices at the intersection of law, policy and personal health decisions. Investing Nerd Sam Taube interviews Vina Smith-Ramakrishnan, a senior policy associate on the health care equity and reform team at the Century Foundation, about the systemic barriers to accessing health care faced by the LGBTQ+ community, people of color, and low-income individuals. Sam also talks with Jose Abrigo, the director of the HIV project at Lambda Legal, about recent court cases. They highlight the legal battles over issues like abortion, birth control and gender-affirming health care that affect insurance coverage and overall health care spending. The conversation offers an in-depth analysis of the financial hardships associated with health care and their long-term effects on marginalized communities. The hosts also discuss out-of-pocket costs for reproductive care and how these costs significantly burden these communities.

In this conversation, you’ll learn about: health care restrictions, marginalized communities, law and policy, the Century Foundation, health care equity, systemic barriers, LGBTQ+ health care, low-income individuals, financial hardships, health care services, reproductive care, out-of-pocket costs, abortion laws, birth control, gender-affirming health care, insurance coverage, health care spending, bodily autonomy, financial security, maternal health access, health care equity and reform, health care disparity, abortion bans, reproductive rights, health care reform, health care access and health care inequality.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn about federal student loan payments resuming, alongside an analysis of this week’s biggest financial stories.

Before discussing this week’s resumption of federal student loan payments after a three-and-a-half-year pause due to the pandemic, hosts Sean Pyles and Anna Helhoski break down this week’s most relevant financial headlines. The discuss the recently averted government shutdown, the impact of crude oil costs on gas prices, an update on Delta’s SkyMiles program, and a new Pew Research Center survey looking at the share of women in top leadership positions at US companies.

Turning their attention to student loan payments, Sean and Anna guide listeners on ways to prepare for this financial milestone, emphasizing the importance of staying informed, making payments if possible, and exploring income-driven repayment plans like the new "Saving on a Valuable Education" (SAVE) plan.

In their conversation, the Nerds discuss: financial headlines, federal student payments, income-driven repayment (IDR) plans, Saving on a Valuable Education (SAVE), averting a government shutdown, oil prices, Delta Airlines’ SkyMiles frequent flyer program, a new Pew Research Center survey on women in leadership, business leaders, loan servicers, the Fresh Start program, interest accrual, and personal finance.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Understand how to avoid “dark patterns” companies use to trick you, then learn different financial approaches for buying a car.

01:11 This Week in Your Money: Dark patterns are manipulative tactics used by companies to influence customer decisions, often to the consumer’s detriment. To start the show, hosts Sean Pyles and Liz Weston explain how you can spot dark patterns, which are not exclusive to sketchy websites. Sean and Liz also discuss confirmshaming, a tactic companies use that could make it difficult for you to cancel paid subscriptions.

12:12 Today’s Money Question: A 19-year-old listener named Belenus joins Sean and Liz to get help thinking through how to navigate the financial predicament of needing to pay for both a new car and tuition for college. Despite having $20,000 in savings, Belenus is cautious about going into debt. Sean and Liz talk to him about the advantages and disadvantages of leasing versus buying a car and offer some tips for how to prepare before going into a dealership to make a car purchase. They also discuss the differences between student loans and auto loans.

In their conversation, the Nerds discuss: car buying and selling, the auto industry, dark patterns, FTC crackdowns, private mortgage insurance, auto loans, federal student loans, budgeting, car payments, student loan debt, roadside car buying, vehicle history reports, car appraisals, and depreciating assets.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn why the Fed paused interest rates. Plus: the Supreme Court's CFPB hearing, NFT prices, and a new GameStop movie.

Join hosts Sean Pyles and Anna Helhoski as they break down the latest headlines in the world of personal finance. They explain the Supreme Court's upcoming hearing on the constitutionality of the Consumer Financial Protection Bureau's funding structure, the risks of investing in "dumb money" like the Powerball lottery and NFTs, and the new movie "Dumb Money," which tells the story of the GameStop stock-buying phenomenon.

They then have an in-depth discussion about the impact of the Federal Reserve's interest rate decisions on the financial lives of Americans. They explain how interest rates work and how they can impact the economy and individual financial lives. They also offer some tips for Americans who are concerned about the impact of rising interest rates.

In their conversation, the Nerds discuss: the Supreme Court, the Consumer Financial Protection Bureau (CFPB), the lottery, NFTs, Dumb Money, GameStop, meme stocks, the Federal Reserve, interest rates, the US economy, credit card interest, inflation, and personal finance news.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn methods for planning a wedding that makes sense for your budget, then hear how the Nerds think about gift-giving etiquette.

01:12 This Week in Your Money: Get an inside look at the latest trends in wedding planning, as Zola.com Director of Communications Emily Forrest joins host Sean Pyles to discuss findings from a recent survey of more than 2,000 American adults. They discuss the financial challenges many engaged couples face during the wedding planning process, ways to prevent money matters from being overlooked in pre-wedding conversations, and tips for initiating these critical financial conversations. The discussion then moves on to the wedding budget, with Emily offering her expertise on using a budget calculator to estimate expenditure and strategies for cost-cutting without compromising the wedding experience. Emily also addresses the reality of a “wedding tax” and how to think about the costs for your special occasion.

18:22 Today’s Money Question: NerdWallet’s Liz Weston and Kimberly Palmer join Sean to discuss how to navigate the pressures of gift-giving, managing expectations for birthday party guests, and the art of selecting the perfect present that strikes a balance between thoughtfulness and price. They explore the complexities of gift-giving culture, including what to anticipate from gift recipients and how to avoid feeling obligated to spend money. They also offer a fresh perspective on how you could choose to opt out of gift-giving culture and instead focus on the celebration itself.

In their conversation, the Nerds discuss: wedding budget calculators, financial conversations, gift-giving, wedding costs and surcharges, personal finance decisions, cost-effective weddings, wedding gift options, budgeting tips, gift-giving culture, birthday party gift etiquette, and party planning tips.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Experts discuss how millennials are redefining the American dream and finding ways to thrive despite hard economic times.

Have you ever wondered how younger generations are maneuvering around traditional milestones in the face of mounting financial hurdles? That’s what Personal Finance Nerd Tiffany Curtis discusses with Dr. Jatali Bellaton, a neuropsychologist and the founder of Brilliant Minds Unite, a youth and adult financial literacy movement. She dives into the daunting financial realities of skyrocketing home prices and crippling student loans, and the impact these have on the dreams and aspirations of millennials and Gen Zers. She explains how to think about investments to make life easier down the road, and the pitfalls of rushing into societal norms without taking time to first reflect on what it is that you really want.

Dr. Michael G. Thomas, Jr. then joins the podcast to unpack the emotional turmoil brought about by financial struggles, particularly within marginalized communities. He analyzes the damaging effects of comparison and the role of shame in deterring people from seeking financial support, and advocates for a shift in perspective in order to alleviate feelings of anxiety and embarrassment. Tiffany wraps up the show with host Sean Pyles in a brief reflection on our special series on millennial money, as well as what it means for how younger generations are redefining the American dream.

In this conversation, you’ll learn about: financial uncertainty, the new American dream, economic challenges unique to younger generations, millennials, gen z, economic barriers, median home prices, societal norms, emotional weight, marginalized communities, how to take advantage of financial opportunities, financial wellness, student loan debt, financial anxiety, and the psychology behind financial shame.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn how a government shutdown would impact your finances. Plus: updates on inflation, retail sales and Delta SkyMiles.

In this financial news roundup, hosts Sean Pyles and Anna Helhoski touch on key headlines such as what the latest Consumer Price Index tells us about inflation, the reason why retail sales are surging, and controversial changes to Delta Airlines' SkyMiles program. They then take a close look at the looming threat of a government shutdown in Congress, particularly in the House of Representatives. Learn about the complex backdrop of budget negotiations, the economic consequences of a government shutdown, its impact on federal employees, and precautions you could take in order to prepare for financial challenges during a shutdown.

In their conversation, the Nerds discuss: personal finance news, inflation, retail sales, the Consumer Price Index (CPI), Delta SkyMiles changes, a potential government shutdown, the Fiscal Responsibility Act, budget negotiations, government funding, federal employees, essential bills, financial assistance, federal benefits, interest rates, used car prices, rental rates, airfares, Social Security, Medicare, Medicaid, SNAP benefits, government shutdown consequences, and bill prioritization.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn how to travel abroad on a budget and how to part ways with a financial advisor whose services are unsatisfactory.

1:15 This Week in Your Money: It’s possible to travel abroad on a budget, according to NerdWallet Travel editor Meghan Coyle. She joins hosts Sean Pyles and Liz Weston to discuss the pros and cons of using budget airlines for international travel. She discusses the overall change in flight prices over the last few years, how reliable budget airlines are when compared with other larger airlines, and what to look for in terms of hidden fees and terms so you’re not surprised by unexpected costs. She also offers tips for a better budget airline experience, including in-flight food and entertainment — and investing in a good neck pillow.

13:44 Today’s Money Question: A listener named Melissa joins Sean and Liz to ask for help deciding whether she should fire her financial advisor. Melissa expresses concerns about the performance of her investments and questions the fees she is paying her advisor. She also shares her struggles with balancing debt repayment, enjoying life in the present, and planning for the future. The hosts discuss what to look for in a financial advisor before working with them, then help Melissa understand what it takes to become a financial advisor after she expresses interest in becoming a certified financial planner herself.

40:22 Wrap-up Segment.

In their conversation, the Nerds discuss: international travel, budget travel, debt repayment, financial freedom, cheap flights, safety of budget airlines, financial challenges, Dave Ramsey, living in the present, retirement planning, financial advisors, fee-only fiduciaries, certified financial planners, the Financial Therapy Association, personal finance, grad school loans, financial well-being, high-yield savings accounts, 529 plans for saving for education costs, debt management, travel insurance, cancel for any reason policies, portfolio diversification, index funds, financial advisor fees, fiduciary responsibilities, how to become a financial advisor, and the Financial Independence, Retire Early (FIRE) movement.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Explore the impact of generational financial trauma on millennials, how social media amplifies it and ideas for healing.

Personal Finance Nerd Tiffany Curtis delves into the complex topic of generational financial trauma, particularly its impact on millennials, with two special guests: Aja Evans and Rahkim Sabree. Aja Evans is a licensed mental health counselor and financial therapist, and Rahkim Sabree is a certified financial education instructor and author. Together, they explore how past financial landscapes can shape our current financial behaviors, the double-edged sword of social media in shaping financial perspectives, and the importance of understanding these impacts, especially for marginalized groups.

The episode also delves into the Black community's discussions around self-reliance and reparations. The speakers challenge the notion that achieving financial success is an antidote to generational trauma and expose how these misconceptions can breed competition among marginalized communities. Wrapping up the episode, the hosts stress the importance of financial literacy while discussing its limitations in closing racial and gender wealth gaps. 

In this conversation, you’ll learn about: generational financial trauma, millennials, social media echo chambers, marginalized groups, how people define financial success, racial and gender wealth gaps, mental health counseling, financial therapists, financial education instructors, reparations, trauma healing, financial strain, and distorted financial perceptions.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Nerds explain this week’s personal finance news, with a focus on labor unrest as the United Auto Workers union prepares to strike.

In Smart Money’s new weekly personal finance news roundup, hosts Sean Pyles and Anna Helhoski take a look at recent developments in the world of money and then go in-depth on an issue that could be important to your life — and your bottom line. 

Today’s topics include rising home prices, the latest statistics on household wealth and debt, the rise in poverty from 2021 and 2022, and high-yield savings accounts. Plus, Sean and Anna take a deep look at the United Auto Workers' (UAW) threatened strike against the three largest automakers: Ford, General Motors and Stellantis. Learn what the workers want and what it could mean for your car shopping prospects if their demands aren’t met.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Ace your next job interview with questions you may not have considered asking, then learn how travel insurance works.

01:13 This Week in Your Money: Before you head into your next job interview, consider asking yourself some questions suggested by hosts Sean Pyles and Liz Weston. They share specific questions you can ask in an interview to gain valuable insights into the position and the organization. They also suggest things you may want to ask yourself before jumping into a new role.

06:25 Today’s Money Question: Travel Nerd Sally French joins Sean and Liz to explore the intricacies of travel insurance. They discuss the types of coverage available, including “cancel for any reason” coverage and medical coverage, and the benefits of each. Then, they delve into the limitations of certain travel insurance policies, particularly those associated with credit cards. Finally, they explain the importance of understanding the specifics of a policy and options for assessing whether it suits individual travel needs and circumstances.

In their conversation, the Nerds discuss: job interview questions, recruiters, career changes, interview tips, travel insurance coverage, travel planning, credit card perks, travel credit cards, travel tips, credit card travel insurance, international travel, medical coverage while traveling abroad, and cancel for any reason travel insurance.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover how global events molded millennial finances, and hear ideas for addressing economic challenges and financial trauma.

In this Nerdy deep dive, personal finance Nerd Tiffany Curtis joins host Sean Pyles to discuss millennial money woes, from generational financial trauma to structural challenges that have made financial life more difficult for Americans between 27 and 42 years old. They discuss the changing ways that generations are studied and explore how world events such as the financial crisis and the COVID-19 pandemic have shaped people’s financial attitudes. 

Tiffany also talks with Angela Moore, certified financial planner and founder of Modern Money Education, a financial education firm. They discuss the historic and present-day factors that have shaped millennials’ relationship with money and ways that they can take ownership of their finances. They also debunk myths surrounding millennials and money, the impact of the internet on financial empowerment, how the millennial pursuit of happiness impacts their career choices, lifestyle, and relationship with money. You’ll walk away with valuable insights into the tools millennials can use to empower themselves financially, including organizing finances, setting goals, and understanding the importance of insurance and estate planning. 

In their conversation, Angela and Tiffany discuss: millennials, financial behavior, modern money education, generational financial trauma, wealth inequality, financial attitudes, career choices, generational divisions, disability insurance, estate planning, money management, generational wealth, retirement planning, budgeting, and financial goals.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

The rates on certificates of deposit have shot up over the past year. But are CDs really a good option, especially when high-yield savings accounts are offering similar yields? Sean Pyles and Sara Rathner discuss.

Then Sean and Liz Weston talk with a listener about how to manage a life-changing financial windfall.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Timestamps:

This Week in Your Money segment: 0:00 - 6:33

Money Question segment: 6:34 - 30:44

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Explore how AI can help with personalized travel planning, then learn about Employee Stock Purchase Plans (ESPPs).

01:08 This Week in Your Money: Travel Nerd Sam Kemmis discusses the surprising benefits of using artificial intelligence for personalized travel planning. He joins hosts Sean Pyles and Liz Weston to share his experiences with AI tools like Google's Bard and ChatGPT, including tips for guiding AI and validating creative suggestions before committing to a travel itinerary. The Nerds also explore the pros and cons of “mystery travel,” where travelers embark on journeys without a concrete itinerary in order to embrace spontaneity and adventure.

17:38 Today’s Money Question: Investing Nerd Andy Rosen joins Sean and Liz to help answer a listener’s question about whether he should participate in his company’s employee stock purchase plan, also known as an ESPP. He explains what an ESPP is, why it benefits companies to offer one, and tactics for employees to assess whether they should participate in one. The Nerds also talk about the risks involved with participating in an ESPP, how to plan for related taxes, and potential limitations on when employees can trade their stock.

In their conversation, the Nerds discuss: artificial intelligence in travel planning, personalized travel recommendations, AI chatbots, Google Bard, ChatGPT, employee stock purchase plans (ESPPs), financial planning, diversifying investments, travel planning tools, mystery travel, investment strategies, and ESPP tax implications.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover how alternative investments could help you diversify your portfolio.

Have you ever wondered about the potential of alternative investments in your financial portfolio? NerdWallet’s Andy Rosen sits down with certified financial planner James Lee to uncover the world of untraditional investments, including real estate, commodities, cryptocurrency and collectibles. They discuss a recent survey indicating a shift in financial advisors' perspectives toward alternative investments and unpack the nuances of speculative investing. They also discuss guidelines for incorporating riskier investments into your overall investment portfolio, and they explain the key differences between investing and speculation.

In their conversation, Andy and James discuss: alternative investments, financial planning, investment portfolio diversification, commodities, real estate investing, collectibles, real estate investment trusts or REITs, volatility, asset classes, speculation, long-term financial goals, investment strategies, financial exploration, penny stocks, over-the-counter stocks, cryptocurrency, tax loss harvesting, investment vehicles and financial goals.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn why a broken appliance doesn’t have to drain your savings, and how to fight financial fears to enjoy your money.

1:13 This Week in Your Money: Should you repair your appliance instead of replacing it? Hosts Sean Pyles and Liz Weston delve into the latest data from Consumer Reports and share handy tips that could end up saving you money and reducing electronic waste. They also discuss the “right to repair” movement and what it could mean for appliance owners in the future.

07:54 Today’s Money Question: Sean talks with Jenna, a 29-year-old listener in St. Louis, about how to overcome her financial fears and start enjoying her money more. They discuss how her upbringing may have led to her feeling the need to exert more control over her spending than she needs to at this stage in her life, and they share ideas for how to let go of some of that control in order to enjoy life more fully. They also delve into different methods of budgeting for hobbies, “lifestyle creep,” and saving for long-term goals like a down payment on a house.

In their conversation, the Nerds discuss: appliance life spans, electronic waste, financial anxieties, budgeting, financial goals, high-yield savings accounts, financial outlook, lifestyle creep, economic mindset, money management, sustainability, financial health, the right to repair movement, spending control, financial stability, hobbies, rewarding yourself, long-term goals, housing market, gardening, overcoming financial anxiety.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Explore the risks and rewards of options trading, short selling and margin trading in this nerdy derivatives deep dive.

Hosts Sean Pyles and Andy Rosen explain the concept behind derivatives trading before investing Nerd Sam Taube joins the show for a closer look at the ins and outs of specific types of derivatives. Sam explains the speculative and protective reasons for derivatives trading — and the average retail trader’s chances of finding success.

Sam also delves into put options and call options when it comes to options trading, as well as the relative risks involved with each. He then gets into short sales and the role that shorting plays in the way our financial markets work. The discussion then leads to an examination of margin trading, including what happens when it goes right or wrong for an individual.

In their conversation, the Nerds discuss: derivatives, options trading, short sales, margin trading, the price discovery process of markets, options strategies, risk management, and portfolio diversification.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn how to have crucial financial discussions with your aging parents while preserving their dignity and security.

In this Nerdy Book Club episode, personal finance Nerd Kim Palmer talks with journalist Cameron Huddleston about insights from her book “Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances.” In their discussion, Cameron shares her personal journey of stepping up to manage her mother's finances after an Alzheimer's diagnosis and offers guidance on how to have critical discussions about money matters with parents.

Cameron breaks down why it’s important to understand different aspects of your parents’ financial situation, including their income sources, bills, debts and investments. She also provides strategies on initiating difficult financial conversations in a respectful, loving manner and shares how to spot changes in your parents’ financial situation or cognitive abilities. You’ll walk away with tips for timing your conversations and strategies for broaching the subject, even if your parents come from a generation that is typically reluctant to talk to their kids about money.

In their conversation, Kim and Cameron discuss: difficult conversations with parents, financial affairs, legal documents, power of attorney, health care power of attorney, advanced directives, living wills, paying someone else’s bills, debt, navigating parental finances, elderly parents' finances, estate planning, dementia, financial scams and protecting parents from scammers.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices