The Cost of Climate Change: The Big Picture

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 4 May 2023

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Climate change is going to have profound effects on our lives — including our money. To kick off this nerdy deep dive into climate change and finance, we explore how personal finances and economies could be affected by natural disasters. Then we talk about how to manage the emotional dread around climate change — and how to prevent it from bogging down your financial goals. 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	Prime Video brings thrilling entertainment.
0:03.0	Watch Heavyweight Detective Breacher, Season 3 included with Prime.
0:07.0	Exactly how much danger is this job putting me in.
0:10.0	Treat yourself to the lovably chaotic Bridget Jones mad about the boy available to buy.
0:15.0	Did you have sex? Did you have sex?
0:17.0	Did you have sex last night?
0:19.0	Yes! And it was amazing. Whatever you're into,
0:24.0	it's right here, Prime Video. Click or tap the banner to find out more. How do you think climate
0:31.3	change is affecting you? Is it mostly media coverage of massive natural disasters? Is it weird
0:37.1	fluctuations in status quo temperatures
0:39.1	where you live? And what about your financial bottom line? Is climate change having an impact there?
0:44.8	The main idea here is that humanities already lost the fight against climate change and that all
0:49.5	humans will just be extinct soon. These types of thoughts feed into a downward spiral of helplessness
0:55.8	where you might truly believe just nothing can be done.
0:59.5	So why do ordinary things, like save for retirement or pay our bills if our tomorrows are running now?
1:05.8	Thank you. Welcome to the NerdWallet Smart Money podcast.
1:20.5	And I'm Caitlin Constantine.
1:23.4	This episode kicks off our nerdy deep dive into the broad effects of climate change on our financial lives.
1:29.1	We'll explore how it affects daily money decisions, along with larger decisions like when and where to buy a home.
1:35.3	Plus, how we can use our banks and investments to make a difference and also how to prepare financially should you find yourself dealing with a natural disaster.
1:43.9	Okay, Caitlin, can you tell us
1:45.3	why we are doing this exactly? Sure. So I actually really became interested in the intersection
	...

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