Join Sean Pyles, the savvy host of NerdWallet's Smart Money podcast, and Sara Rathner, a travel and credit cards expert, as they tackle digital wallet security and credit score myths. They share essential tips for safeguarding your digital wallet, emphasizing the use of phone security features and understanding privacy policies. Discover the truth behind common credit score misconceptions, like the small balance equals good score myth, and how checking your score can actually empower your financial decisions!

Learn about the risks of skipping home inspections and how to navigate unexpected healthcare costs. Discover the benefits of 529 college savings plans, including tax advantages and flexibility. Get tips on contributing to a friend's 529 plan and setting effective college saving goals.

Sean Pyles and Elizabeth Ayoola discuss retirement savings strategies for self-employed individuals, including managing expenses, compounding interest, and consistent salaries. Ayesha Selden joins to explore retirement accounts like solo 401(k)s, SEP IRAs, and SIMPLE IRAs, funding retirement with business sales, and the importance of diversification. The Nerds also discuss saving habits, retirement plans, and the potential benefits of setting a consistent salary for stability.