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NerdWallet's Smart Money Podcast

Combating Inflation, and Risks of Small Mortgage Lenders

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 12 July 2021

⏱️ 21 minutes

🧾️ Download transcript

Summary

Inflation is on the rise, as your budget has surely noticed. This episode, Sean talks with investing Nerd Alana Benson about what’s happening and what it means for your finances. Then Sean and Liz answer a listener’s question about the potential risks of going with a smaller mortgage lender. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:04.8

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0:12.4

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0:17.4

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0:22.8

entrepreneurs like you sign up for your one dollar a month trial at shopify.com

0:27.7

slash setup.

0:32.6

Welcome to the nerd wallet smart money, where we answer your personal finance questions

0:38.4

and help you feel a little smarter about what you do with your money.

0:41.8

I'm Sean Piles.

0:42.9

And I'm Liz Weston.

0:43.9

To contact the nerds call or text us on the nerd hotline at 901-7306373, ask 901-730 Nerd.

0:52.1

Or email us at Podcast at nerdwollet.com.

0:54.9

And be sure to subscribe to get new episodes delivered to your devices every one day.

0:59.4

And if you like what you hear, leave us a review.

1:01.7

This episode, Liz and I answer a listener's question about the risks, if any, of going

1:06.0

with a small mortgage lender.

1:08.1

First, though, I'm talking with investing nerd Alana Benson for a new segment

1:11.5

that we're calling buzzwords, where Alana gives us the rundown on some financial concepts you've

1:16.0

probably been hearing about in the news and what they mean for your finances. So,

1:20.0

Alana, hey, welcome back to the podcast. Hey, thanks for having me. Glad to have you. I'm really excited

1:24.5

for this segment. I think it'll be really beneficial for a lot of listeners to help them make sense of what's going on in the world and what it means for their money. So let's dive into it. What is the first buzzword that we are exploring?

1:35.2

So today we are talking about inflation, which is definitely a scary buzzword that has kind of been floating around a lot lately.

...

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