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NerdWallet's Smart Money Podcast

Overcoming Financial Fears, and Appliance Repair Tips

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 21 August 2023

⏱️ 35 minutes

🧾️ Download transcript

Summary

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 [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:03.0

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0:07.0

Exactly how much danger is this job putting me in.

0:10.0

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0:15.0

Did you have sex? Did you have sex?

0:17.0

Did you have sex last night?

0:19.0

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0:23.0

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0:25.3

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0:27.1

Click or tap the banner to find out more.

0:30.1

Sean, what would you guess makes up the majority of e-waste?

0:33.4

Electronic waste, you mean?

0:35.3

Guessing computers, iPhones.

0:38.4

Not a bad guess, but those actually make up less than 10% of electronic waste.

0:43.0

The majority comes from appliances, and most appliances end up rotting in landfills

0:48.5

where they release various poisons into our environment and contribute to climate change.

0:53.0

Oh, well, that's depressing. This episode,

0:55.8

we're going to give our listeners tips to extend the lives with their appliances to keep that

0:59.9

from happening. Welcome to Nerd Wallet's Smart Money podcast, where you send us your money questions and we answer them with the help of our genius nerds. I'm Sean Piles.

1:20.3

And I'm Liz Weston.

1:21.8

Listener, you've got money questions and we've got a boatload of genius nerds to answer them. So send us your money questions.

1:29.7

You can leave us a voicemail or text us on the nerd hotline at 901-7306373. That's 901-730 N-E-R-D.

...

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