A certified financial planner offers a listener actionable advice to help him save for a big move while maintaining financial stability.NerdWallet Advisors is no longer accepting new clients, and will be closing its financial planning business as of December 20th, 2024.How much should you save before you move to a new city? How can you reach your savings goals while also spending on your lifestyle? Recording in-person from a studio in Chicago, host Sean Pyles sits down with Magda Doemeny, a certified financial planner with NerdWallet Advisors, to host an actual financial planning session with a listener. Jim, a 36-year-old nonprofit worker, joins them to share his aspirations of moving to a higher cost-of-living area without a job lined up. Magda advises him on how much money in living expenses he should consider saving before making the move, the practicality of high-yield savings accounts, and the benefits and limitations of using a Roth IRA for a down payment, among other practical strategies for reaching his goals while maintaining financial stability.NerdWallet Advisory LLC, dba NerdWallet Advisors, is an SEC-registered investment advisor and wholly owned subsidiary of NerdWallet Inc. The advice provided in this episode of Smart Money was for illustrative purposes only and not intended as financial or investment advice specific to your personal facts or circumstances.In their conversation, you’ll hear about: smart financial planning, major life transitions, certified financial planners, financial stability, dream relocation, higher cost of living, Roth IRA for a down payment, high-yield savings accounts, budgeting tips, saving for relocation, emergency savings, long-term financial health, actionable financial strategies, transportation costs, retirement savings adjustments, financial goals, balancing life changes, moving to San Diego, cost of living, clear financial goals, financial risks, increasing income, trimming expenses, side gigs, prioritizing savings goals, healthcare coverage costs, affordable financial planning, financial plan, setting financial goals, car purchase planning, and moving expenses.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.

Get insider tips for stress-free holiday travel, from booking strategies to maximizing credit card points and more.What’s the best way to avoid stress when traveling during the holidays? Is it better to book with points when you’re traveling for the holidays? Hosts Sean Pyles and Meghan Coyle discuss the challenges of holiday travel and share effective booking strategies to help you understand how to navigate the busiest travel days with ease and efficiency. Travel Nerd Sally French joins them to discuss common holiday travel hurdles, including the benefits of early morning flights, the advantages of extending holiday trips to avoid peak travel days, and strategies for using travel points and rewards effectively during the holidays. They also explore the perks of lounge access, the efficiency of TSA PreCheck, and clever ways to use travel points during peak seasons.Check out NerdWallet’s roundup of the 16 Best Travel Credit Cards of September 2024: https://www.nerdwallet.com/best/credit-cards/travel In their conversation, the Nerds discuss: holiday travel tips, stress-free holiday travel, best time to book flights, maximize credit card points, TSA PreCheck benefits, lounge access perks, avoid flight cancellations, early morning flights, busiest travel days, holiday staycation, travel strategies, Southwest flight credits, holiday travel chaos, extend holiday trips, travel trends 2024, holiday travel season, travel points usage, travel delays, layover tips, airline reliability, Google Flights alerts, avoiding holiday crowds, booking smarter, record-breaking travel, holiday flight booking, travel tips and tricks, avoiding holiday rush, sentimental holiday travel, Thanksgiving travel tips, Christmas travel tips, booking refundable flights, holiday travel planning, navigating TSA lines, airport lounge benefits, travel rewards strategies, flying on holidays, travel stories, and 2024 holiday travel outlook.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.

Holden Lewis, a home and mortgage expert at NerdWallet, discusses recent changes in real estate commission rules following a settlement against the National Association of Realtors. He explains how these new regulations will impact home buyers and sellers, focusing on decreased commission rates and shifting negotiation dynamics. The conversation highlights the importance of understanding agent compensation and empowers sellers and buyers to make informed decisions in their transactions. Learn how to navigate this evolving landscape and what it means for your next real estate deal.

Writer, producer, and actor Felicia Day shares her financial journey working in Hollywood, with tips for managing your budget when gigs are inconsistent.What is your time worth?How do you value your time outside of work? How can you manage finances in an unpredictable career like acting? Hosts Sean Pyles and Sara Rathner discuss the concept of time valuation to help you understand how to balance personal worth against income. They begin with a discussion of time valuation, offering insights on the average hourly value people place on their time, the impact of this valuation on life decisions and assessing the value of unpaid personal tasks. 06:10 Interview with Felicia DaySean speaks with Felicia Day about the financial strategies she employed to maintain an unstable career in Hollywood. They tackle topics such as frugal habits, the significance of diversifying one's portfolio for career longevity and aligning creative passions with financial stability. Plus: How to understand the financial education that you may have received even without having ever been given a formal financial education.In their conversation, the Nerds discuss: Hollywood finances, managing finances, acting career, freelancing lifestyle, financial strategies, financial acumen, Hollywood journey, value of time, budgeting tactics, work-life balance, career growth, financial stability, creative careers, personal well-being, professional satisfaction, financial security, generational differences, personal time investment, freelancing finances, unstable careers, diversifying skills, frugality, budgeting skills, theoretical mathematics, content creation, business acumen, media industry, creative fulfillment, career shifts, entrepreneurial leaps, work-life harmony, managing a budget, career resilience, and skills 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.

Jannese Torres, a financial strategist and host of 'Yo Quiero Dinero', shares culturally competent insights for first-generation Americans striving for financial success. She discusses unique challenges like supporting immigrant parents while maintaining personal financial goals. Torres emphasizes the significance of building a strong financial support network and setting firm boundaries with family and friends. Tips on diversifying income streams and effective budgeting strategies provide listeners with actionable steps toward achieving financial independence.

Bob Sullivan, an investigative journalist, dives deep into the fallout from the National Public Data breach, unveiling how this incident might jeopardize personal information. He provides essential tips on safeguarding your identity and discusses the role of data brokers in this risky landscape. The conversation also touches on the broader implications of current financial headlines, including insights on interest rates and the turbulent real estate market amidst an antitrust lawsuit against RealPage. Protect your data and navigate financial challenges with expert advice!

In this session, certified financial planner Magda Doemeny offers insightful strategies to combat financial anxiety. She engages with a listener named Sean, diving into his financial journey and helping him set clear goals. Topics include budgeting tips, compartmentalizing savings, and understanding investment risks and rewards. Magda stresses the importance of enjoying money while managing stress over spending, providing actionable steps to achieve financial peace of mind.

Explore the heart-wrenching reality of pet end-of-life care, where love meets tough financial choices. Discussion highlights the need for early planning to avoid emotional turmoil and ensure quality of life. A veterinary expert shares insights on navigating options like hospice versus euthanasia. Personal stories and practical advice offer support for pet owners facing these difficult decisions. Plus, learn about available resources for grief support and managing costs to help in this challenging journey.

Donald Trump, the former president, and Kamala Harris, the current Vice President, dive into the controversial 'no tax on tips' proposal. They discuss how this policy could impact tipped and non-tipped workers, revealing skepticism from tax experts. The conversation highlights the complexities of the U.S. tipping system and the potential repercussions on social welfare. Additionally, they explore significant economic updates, including retail sales trends and the implications of the Kroger-Albertsons merger on grocery prices.

Discover how releasing societal pressures can lead to substantial savings and greater self-esteem. The hosts share tips on sustainable spending habits, like choosing vintage clothing and evaluating car purchases. They engage with a listener about the trade-offs of a new job with a higher salary versus a longer commute. Delve into the importance of aligning career choices with personal values and financial goals while navigating the complexities of work-life balance. These insights help you prioritize genuine happiness over social validation.