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    NerdWallet’s Smart Money Podcast

    NerdWallet’s trusted finance journalists answer real-world money questions to help you make smarter financial decisions with confidence.

    Each episode dives deep into topics like budgeting, saving, investing, home buying, and credit cards, cutting through misinformation to bring you clear, actionable advice backed by thorough research.

    By the end of every episode, you’ll have the latest financial insights and the tools you’ll need to manage your money wisely, build wealth, and plan for life’s milestones. And if you have questions for the Nerds, you can leave them a voicemail at 901-730-6373.

    Join hosts Sean Pyles, CFP®, Elizabeth Ayoola, and other expert Nerds as they answer your biggest money questions and share strategies to help you build wealth and reach your financial goals, including:

    – Investing: Advanced investment strategies, integrating ETFs and mutual funds into a diversified portfolio, tax-efficient retirement planning, understanding Roth IRA conversions, and navigating robo-advisors.

    – Credit Cards: Top credit cards for travel rewards and luxury perks, balance transfer strategies, maximizing credit card points, and optimizing credit card usage to boost your credit score.

    – Personal Finance: Advanced budgeting tips, building generational wealth, creating effective savings plans, managing high-income expenses, and developing a strong money growth mindset.

    – Home: Smart strategies for homebuying in competitive markets, leveraging home equity loans and HELOCs, refinancing for long-term savings, first-time homebuying tips, and budgeting for major home improvements.

    If you’re searching for the best personal finance podcasts or want practical knowledge to make smarter money decisions, then follow NerdWallet’s Smart Money Podcast.

    You’ll love NerdWallet’s Smart Money Podcast if you like podcasts like: Planet Money, The Personal Finance Podcast, DIY Money, Afford Anything, How to Money, The Ramsey Show, Money Rehab with Nicole Lapin, NPR’s Life Kit: Money, Popcorn Finance, Money Girl,Money Guy Show, Everyone’s Talkin’ Money, So Money with Farnoosh Tarabi, The Money with Katie Show, All the Hacks with Chris Hutchins, The Stacking Benjamins Show, MoneyWatch with Jill Schlesinger, or Your Money, Your Wealth.

    NerdWallet Compare, Inc. NMLS ID# 1617539 NMLS Consumer Access: http://www.nmlsconsumeraccess.org/

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    Latest Episodes:
    Budget Rehab: Can a Family Rebuild Their Emergency Fund and Still Afford the Life They Want? Aug 21, 2025
    Show notes

    The Nerds debut a new Budget Rehab segment, dissecting a real family’s budget to reveal strategies for saving more, investing smarter, and managing lifestyle costs. Plus: tariffs’ role in rising auto insurance.

    Why are auto insurance premiums continuing to climb, and what do tariffs have to do with it? How can a real family adjust their budget to meet their financial goals? Hosts Sean Pyles and Elizabeth Ayoola debut a new Budget Rehab segment, where they take a hands-on approach to evaluating a listener’s finances. But first, they’re joined by senior news writer Anna Helhoski and insurance Nerd Andrew Hurst to unpack the forces driving auto insurance costs higher in 2025. They discuss how tariffs on imported parts, inflation, and more expensive claims are putting pressure on premiums—and what drivers can do to find competitive rates in a shifting insurance market.

    Then Sean and Elizabeth are joined by Garrett, a listener who receives the first “Budget Rehab” on Smart Money. They walk through his family’s finances step by step, from a stretched grocery bill and drained emergency fund to the challenges of saving while raising a young child. The conversation covers how Garrett and his wife can rebuild their financial cushion after buying a new car, prepare for the possibility of living on one income, and expand retirement savings through tools like IRAs and solo 401(k)s. Along the way, they highlight practical strategies for balancing wants and needs while still leaving room for joy in the family budget.

    Inspired to navigate your finances with an advisor? Use NerdWallet Advisors Match to find vetted professionals today at https://www.nerdwalletadvisors.com/match

    NerdWallet Wealth Partners is a fiduciary online financial advisor, offering low-cost, comprehensive financial advice and investment management: https://nerdwalletwealthpartners.com/

    Rates for auto and homeowners insurance have been on the rise. NerdWallet's here to help consumers navigate those changes: https://www.nerdwallet.com/insurance/data#auto-insurance

    Use NerdWallet’s free retirement calculator to check your progress, see how much retirement income you'll have and estimate how much more you should save: https://www.nerdwallet.com/calculator/retirement-calculator

    Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header

    In their conversation, the Nerds discuss: budget rehab, household budget planning, how to use 50/30/20 budget, family budget with one income, rebuild emergency fund, self-employed budgeting tips, budgeting for stay at home parents, budgeting for a baby, how to save on groceries, Costco vs Trader Joe’s groceries, reducing travel expenses, retirement savings for self-employed, IRA contribution limits, rising auto insurance costs 2025, auto insurance tariffs, car insurance premiums 2025, supply chain car parts, reinsurance premiums, weather-related claims auto insurance, social inflation insurance, state auto insurance increases, and comparing car insurance rates.

    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


    How to Pay Less for Your Prescriptions and Brace for a Health Insurance Shake-Up Aug 18, 2025
    Show notes

    Learn how to cut prescription costs and prepare for steep health insurance hikes if ACA tax credits expire.


    How can you make prescription drugs more affordable? What can you do if subsidies in the Affordable Care Act expire and health insurance costs spike? Hosts Sean Pyles and Elizabeth Ayoola discuss rising prescription costs and looming changes to health insurance premiums to help you find ways to save and protect your budget. Joined by Dan Weissmann, host of the podcast An Arm and a Leg, they begin with a discussion of the structural problems in the U.S. prescription drug system, with tips on comparing prices across pharmacies, using discount programs like GoodRx, and checking for manufacturer coupons.


    Then, personal finance Nerd Kate Ashford joins Sean and Elizabeth to discuss how ACA premium tax credit changes could impact your wallet. They explore strategies such as comparing marketplace plans carefully, shifting to different tiers of coverage, considering employer-based insurance, and preparing for open enrollment. They also highlight the risks of going uninsured, ways to use preventive care benefits to save money, and why America’s healthcare system ended up so tied to employment.


    Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header


    In their conversation, the Nerds discuss: prescription drug costs, how to save on prescriptions, GoodRx, Mark Cuban Cost Plus Drugs, pharmacy benefit managers, drug manufacturer coupons, ACA subsidies, ACA premium tax credits, Affordable Care Act healthcare costs, ACA marketplace plans, health insurance open enrollment, formulary, health insurance tiers, high deductible health plan, bronze vs silver plan ACA, health savings account, ACA premium increases, ACA subsidies expiring, ACA tax credits 2025, how to compare health insurance plans, employer sponsored health insurance, self-employed health insurance options, preventive care coverage, avoiding medical debt, risks of going uninsured, Vermont ACA costs, ACA premium increase by state, ACA cost saving strategies, how to check if prescriptions are covered, negotiating prescription costs, medical bankruptcy risk, Medicare and Medicaid differences, US vs UK healthcare costs, ACA income thresholds, ACA marketplace eligibility, losing ACA subsidies impact, choosing an ACA plan, and ACA open enrollment 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


    What Happens When You Trade Your Home for a Debt-Free Start? Aug 14, 2025
    Show notes

    Is tapping your home equity ever a smart way to reset your finances? One listener’s story reveals what to weigh before selling.

    Should you sell your house to wipe out credit card debt and start over? What are the hidden trade-offs when using home equity to eliminate debt? Hosts Sean Pyles and Elizabeth Ayoola talk with a listener navigating $55,000 in debt while managing a rental property, weighing whether a sale could lead to long-term stability or a missed opportunity. But first, senior news writer Anna Helhoski shares insights from her conversation with Erin El Issa, a senior data writer at NerdWallet, about a new report on back-to-school spending, including actionable tips for saving money on school supplies amid inflation, tariffs, and social pressures.

    Then, Sean and Elizabeth answer a listener’s question about whether selling their home is the right move to eliminate $55,000 in debt and build a fresh financial start. They explore how to evaluate the trade-offs between long-term equity and short-term relief, model future cash flow with or without rental income, and factor in tax consequences from withdrawing retirement funds or timing a home sale.

    Take the Smart Money Podcast Listener Survey 2025 and enter to win a prize! https://nerdwallet.com/podsurvey

    Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header

    What You’ll Learn in This Episode

    • 💰 Home sale decision-making – When selling your house to pay off debt could make sense

    • 📊 Equity vs. cash flow – Weighing long-term property growth against short-term relief

    • 🏠 Rental income trade-offs – How to model your budget with or without tenant payments

    • 📅 Timing the sale – Why the tax year matters if you’re selling a home and cashing out retirement funds

    • ⚖️ Debt payoff strategies – How debt management plans compare to bankruptcy

    • 🧠 Emotional factors – Balancing financial logic with peace of mind and lifestyle goals

    • 🔄 Financial reset planning – Steps to prepare for your next home purchase after paying off debt

    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


    Stop Living by One-Size-Fits-All Budgets — and Paying for One-Size-Fits-All Financial Advice Aug 11, 2025
    Show notes

    Understand how to assess when financial advisor fees are worth it and how to rethink personal finance rules that don’t serve you.

    What are the different financial advisor fees, and how can you decide if they’re worth it? Do you need to follow traditional budgeting and debt payoff rules to be financially successful? Hosts Sean Pyles and Elizabeth Ayoola answer a listener’s question about how to navigate financial advisor fees. But first, personal finance Nerd Kim Palmer joins the show to share her conversation with Dana Miranda, author of You Don’t Need a Budget, about why certain traditional budgeting frameworks may not be the right fit for everyone. Dana offers tips on experimenting with spending plans, prioritizing comfort over rigid rules, and how to reframe emergency funds as tools for opportunity, not just crisis.

    Then, Sean and Elizabeth welcome James Bashall, financial advisor at NerdWallet Wealth Partners, to answer a listener’s question about financial advisor fees, from AUM-based and fixed-fee models to fiduciary vs. suitability standards. They explain what high and low fees look like, what credentials to look for in an advisor, and when paying a premium might actually bring peace of mind (or not).

    Take the Smart Money Podcast Listener Survey 2025 and enter to win a prize! https://nerdwallet.com/podsurvey

    NerdWallet Wealth Partners is a fiduciary online financial advisor, offering low-cost, comprehensive financial advice and investment management: https://nerdwalletwealthpartners.com/

    Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header

    In their conversation, the Nerds discuss: financial advisor fees, when are financial advisor fees worth it, fiduciary vs suitability standard, how much does a financial advisor cost, AUM fee structure, fee-based vs fee-only advisors, how to hire a financial advisor, certified financial planner vs financial advisor, financial advisor credentials CFP, what is a fiduciary, what is AUM, robo advisor vs human advisor, average financial advisor fee, high financial advisor fees, passive vs active investing, index funds vs mutual funds, how to choose a financial advisor, budgeting rules that don’t work, 50/30/20 budget rule, Dana Miranda budget book, alternative to emergency fund, comfort fund vs emergency fund, financial triage, how to compare financial advisors, intuitive spending, what is intuitive spending, understanding investment fees, best financial advisor structure, how to spot hidden advisor fees, shopping for a financial advisor, emotional benefits of financial planning, and pros and cons of robo advisors.

    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


    Here’s What Tariffs Could Cost You (Plus: Downgrade or Ditch Your Premium Card?) Aug 07, 2025
    Show notes

    Understand how new tariffs may hit your wallet and whether premium credit card fees are still worth it.

    What do new U.S. tariffs mean for prices on everyday goods and cars? What should you consider when choosing a premium travel credit card? Hosts Sean Pyles and Elizabeth Ayoola discuss the latest economic indicators and the changing landscape of credit card perks to help you understand how today’s macroeconomics and personal finance decisions intersect. Joined by news Nerds Anna Helhoski and Rick VanderKnyff, the team unpacks key insights from recent federal data drops. They begin with a discussion of the latest tariffs and economic reports, with tips and tricks on understanding how import duties impact consumer prices, why inflation could be on the rise again, and how job growth revisions may affect consumer sentiment.

    Then, credit card Nerd Melissa Lambarena joins Sean and Elizabeth to discuss whether high-fee premium cards still deliver value. They cover how reward structures are changing, when it makes sense to downgrade instead of cancel, and how opening or closing a card affects your credit score.

    Take the Smart Money Podcast Listener Survey 2025 and enter to win a prize! https://nerdwallet.com/podsurvey

    Card benefits, terms and fees can change. For the most up-to-date information about cards mentioned in this episode, read our reviews:

    • Chase Sapphire Reserve Makes Big Changes: Higher Fee, New Rates, More Perks https://www.nerdwallet.com/article/credit-cards/chase-sapphire-reserve-overhaul-june-2025

    • Chase Sapphire Preferred Review: Strong Option for Travel Rewards https://www.nerdwallet.com/reviews/credit-cards/chase-sapphire-preferred

    • Chase Freedom Unlimited Review: A Potential One-Card Solution https://www.nerdwallet.com/reviews/credit-cards/chase-freedom-unlimited

    • American Express Platinum Review: Top-Notch Lounge Access, Big Credits https://www.nerdwallet.com/reviews/credit-cards/american-express-platinum

    • 5 Things to Know About the Bank of America Premium Rewards Elite Credit Card https://www.nerdwallet.com/article/credit-cards/5-things-to-know-about-the-bank-of-america-premium-rewards-elite-credit-card

    Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header

    In their conversation, the Nerds discuss: tariffs 2025, credit card downgrade effects, new credit card impact on credit score, consumer inflation trends 2025, unemployment report July 2025, core PCE inflation rate, job growth revisions BLS, credit card rewards explained, travel credit card comparison, high annual fee credit cards, credit card utilization ratio, closing credit card and credit score, 2025 economic outlook, de minimis exemption 2025, trade war impact on consumers, credit card strategy during inflation, interest rates and consumer debt, credit card perks vs cost, credit card churn risks, emergency fund importance 2025, how tariffs raise consumer prices, July 2025 consumer sentiment, credit card reward program changes, and economic uncertainty and spending.

    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


    More Money, More Priorities: Don’t Let a Bigger Paycheck Go to Waste Aug 04, 2025
    Show notes

    New job, more income — now what? Hear how one listener is managing his Roth IRA, health savings account, high-yield savings, and more.

    Is it smart to use a Roth IRA like a savings account? How should you prioritize your money across savings, debt, and retirement after getting a higher-paying job? Hosts Sean Pyles and Elizabeth Ayoola answer a listener’s question about managing multiple financial goals and choosing the right accounts for short- and long-term needs. But first, they share their money hot takes, including Elizabeth’s thoughts on Buy Now, Pay Later (BNPL) loans and Sean’s interest in stronger pro-consumer protections in light of recent federal rollbacks.

    Then, they talk to listener Jake, who recently relocated for a new job and is navigating how to allocate his money now that he’s earning a bigger paycheck. Jake wants to know if it makes sense to use a Roth IRA for savings and how to simplify or optimize his mix of bank accounts. They cover how to prioritize emergency savings, retirement contributions, and future goals like a home purchase, all while avoiding analysis paralysis and making the most of high-yield savings accounts.

    Inspired to navigate your finances with an advisor? Use NerdWallet Advisors Match to find vetted professionals today at https://www.nerdwalletadvisors.com/match

    Learn more about NerdWallet Wealth Partners: https://nerdwalletwealthpartners.com/

    Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header

    In their conversation, the Nerds discuss: how to use a Roth IRA for savings, Roth IRA withdrawal rules, high yield savings account vs Roth IRA, best high yield savings accounts, what is a CD ladder, Buy Now Pay Later pros and cons, budgeting after a raise, how to prioritize financial goals, how to automate savings, how to manage multiple bank accounts, closing bank accounts and credit score, best place to save for house down payment, emergency fund vs Roth IRA, what to do after getting a new job, student loan repayment benefits, HSA contribution strategy, how to save for a house in 5 years, budgeting in high cost of living area, saving for short-term goals, pros and cons of online-only banks, how to overcome analysis paralysis in finance, Roth IRA vs high yield savings account, how to choose a bank, CFPB budget cuts impact, FTC click-to-cancel rule rollback, responsible use of debt, financial planning for tech professionals, credit score impact of closing bank accounts, reverse budgeting explained, safe ways to grow savings, how to build financial peace, using automation in budgeting, HSA vs IRA vs savings, debt vs savings prioritization, how to start a CD ladder, and when not to invest money.

    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


    Does Medical Debt Impact Your Credit Score? And How Much Do You Really Need To Save for a Home Jul 31, 2025
    Show notes

    How to protect your credit from medical debt and choose the right way to save for a home down payment.

    How does medical debt affect your credit score? What accounts can you use to save for a house down payment? Hosts Sean Pyles and Elizabeth Ayoola discuss the recent reversal of a Consumer Financial Protection Bureau rule that would have removed medical debt under $500 from credit reports and explore the consequences for consumers. Joined by senior news writer Anna Helhoski and guest Rohit Chopra, former director of the Consumer Financial Protection Bureau, they explain why the rule was proposed, what the legal ruling means for borrowers, and what consumers can do to protect themselves. They share insights on why the CFPB is vital to maintaining financial fairness and what the agency's dormancy could mean for future protections.

    Then, housing Nerd Kate Wood joins Sean and Elizabeth to discuss how to save for a home in today’s high-cost, high-interest-rate housing market. They dig into what emergency fund you should consider having before buying a house, how to choose between high-yield savings accounts and CDs, and why the 20% down payment myth could be holding you back. The conversation also covers how much you really should save (spoiler: it’s more than just your down payment), why closing costs are often misunderstood, and how first-time buyers can explore down payment assistance programs that offer real help.

    NerdWallet's list of the best high-yield savings accounts: https://www.nerdwallet.com/best/banking/high-yield-online-savings-accounts

    Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header

    In their conversation, the Nerds discuss: medical debt and credit scores, saving for a down payment, CFPB medical debt rule, how to save for a house, down payment assistance programs, how medical debt affects credit, CFPB rule overturned, home buying costs, closing costs calculator, how much to save for a house, best high yield savings accounts, down payment myths, private mortgage insurance explained, how much to put down on a house, 20% down payment myth, CD ladder strategy, high yield CD rates, CD vs savings account, home equity from appreciation, real estate agent commission changes, home maintenance budgeting, how to avoid PMI, how to get rid of PMI, what is PMI, CFPB complaint database, checking credit reports, how to prequalify for a mortgage, how to calculate closing costs, state housing authority grants, and first-time homebuyer programs.

    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 Right Way to Dodge Scams, Plus Learn How Robo-Investing Works Jul 28, 2025
    Show notes

    Learn how to dodge scams to protect your money, then understand how to compare robo vs. traditional investment risks.

    What should you do if your credit card is compromised in a scam? Are robo-advisors riskier than traditional brokerage accounts? Hosts Sean Pyles and Elizabeth Ayoola discuss how to spot and respond to identity theft and dig into how robo-advisors stack up to traditional investing platforms to help you protect your financial life. They kick off Smart Money’s new Scam Stories series by welcoming guest Scramble Hughes, a circus performer and scam victim, who shares a real-life experience with credit card fraud. They discuss tips and tricks on recognizing red flags like mass spam messages, acting fast by calling the number on your card (not clicking links), and filing credit freezes with all three credit bureaus.

    Then, investing Nerd Bella Avila joins Sean and Elizabeth to discuss how robo-advisors compare to traditional brokerage accounts. They discuss risk levels in automated portfolios, SIPC insurance protections, and key factors to consider when choosing a platform like account minimums, platform stability, and user experience. See NerdWallet’s top picks for the best robo-advisors of 2025 here: https://www.nerdwallet.com/best/investing/robo-advisors

    Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header

    In their conversation, the Nerds discuss: credit card fraud, how to report identity theft, robo advisor vs brokerage account, SIPC insurance limits, credit freeze Experian, how to freeze your credit, credit card scams TikTok, how to know if a text is a scam, what is a robo advisor, tax loss harvesting robo advisor, ETF risk robo advisor, ETF diversification, FDIC vs SIPC, how to block spam texts, freeze credit TransUnion, safest robo advisors 2025, best robo advisor for ETFs, hacked credit card reader, RFID credit card theft, how to recover from identity theft, difference between SIPC and FDIC, scams targeting small business owners, how to secure your investment accounts, how to protect credit card information, email spam after identity theft, what to do after credit card theft, how long do fraud refunds take, when to freeze credit, best practices after identity theft, and comparing investment platform safety.

    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


    Housing Market in Flux: Should You Buy Now Before Prices Shift? (Plus: How Teens Can Build Credit) Jul 24, 2025
    Show notes

    Find out where the housing market's headed and how to help your teen build smart credit habits early.

    Is now a smart time to buy a home or should you wait for mortgage rates to drop? What’s the best way to help your teenager build credit before college? Hosts Sean Pyles and Elizabeth Ayoola explore these questions to help you make confident financial moves. Joined by senior news writer Anna Helhoski and housing Nerds Kate Wood and Holden Lewis, they begin with a deep dive into the current housing market, including which U.S. cities are becoming buyer-friendly and why inventory remains tight in other regions. They explain how supply levels are shifting, what’s behind rising mortgage rates, and why trying to time the market might not be your best bet.

    Then, Sean and Elizabeth are joined by listeners Kevin and Simon, a parent-child duo, to explore how to set young adults up for financial independence. They discuss how to transition teens into responsible credit card ownership, tips for budgeting during college, and how to build long-term wealth with tools like Roth IRAs. The conversation also covers how to preserve credit history when closing joint accounts, how to approach investing for kids who are risk-averse, and how parents can step back while still offering support.

    Which credit card issuers allow a co-signer? See NerdWallet’s list, which includes the minimum age for each co-signer, when applicable: https://www.nerdwallet.com/article/credit-cards/which-credit-card-issuers-allow-cosigner

    Use NerdWallet’s free compound interest calculator to see how your savings and investment account balances can grow: https://www.nerdwallet.com/calculator/compound-interest-calculator

    Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header

    In their conversation, the Nerds discuss: housing market 2024, buyer vs seller market, mortgage rates trends, housing inventory levels, real estate market by region, months of housing supply, when will mortgage rates drop, building credit for teens, first credit card for college students, how to teach kids about money, joint credit card parent child, teen money management, best credit cards for groceries and gas, starting a Roth IRA for young adults, compound interest for students, credit score for young adults, student budgeting, helping kids become financially independent, robo-advisors for teenagers, how to choose a credit card, parenting financial literacy, Gen Z and credit cards, financial support during college, how to teach credit card responsibility, when to close joint credit accounts, multigenerational banking, real estate trends northeast vs south, affordability housing 2024, new home construction trends, and immigration and housing labor.

    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


    Savings Bonds Explained: When to Buy, When to Cash In, and If They’re Still Worth It Jul 21, 2025
    Show notes

    Budget better for group trips and explore if savings bonds still deserve a spot in your long-term investment plan.


    How do you plan a trip with friends without blowing your budget — or your relationships? Are savings bonds a smart way to invest in your kids’ future? Hosts Sean Pyles and Elizabeth Ayoola discuss the emotional and financial dynamics of group travel and walk through what it really takes to invest in savings bonds for education and life goals. They begin with a discussion of traveling with friends, with tips and tricks on setting clear expectations, budgeting according to your values, and managing financial boundaries. Smart Travel podcast hosts Sally French and Meghan Coyle join Sean and Elizabeth to share their insider tips for group travel, including itinerary planning, respecting different budgets, and balancing social time with solitude.


    Then, investing Nerd Sam Taube joins Sean and Elizabeth to break down the pros and cons of savings bonds, including Series EE, I Bonds, treasury bonds, and more. They discuss tax implications, bond yield mechanics, and how to incorporate bonds into a long-term investing strategy.


    8 Best Online Brokers for Bonds: https://www.nerdwallet.com/best/investing/brokers-for-bonds


    Planning your next vacation? Before you budget, learn how to get the most out of your travel dollars by following our Smart Travel podcast: https://link.chtbl.com/FvKHzKit


    Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header


    In their conversation, the Nerds discuss: traveling with friends, how to budget for group trips, friendship and money, planning trips with friends, financial boundaries while traveling, group vacation budgeting, how to say no to expensive trips, budget travel tips with friends, post vacation financial regret, peer pressure spending on vacation, savings bonds, series EE bonds, I bonds, treasury bonds vs savings bonds, when to buy savings bonds, how to cash in savings bonds, best bonds for education savings, bond yield explained, fixed income investments, muni bonds, corporate bonds, bond diversification strategy, investing in bonds for kids, bonds vs 529 plan, bond interest rates, bond tax benefits, how to buy savings bonds online, treasury direct account, cashing paper savings bonds, bond market trends, and how bonds fit in a retirement portfolio.


    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


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