4.2 • 665 Ratings
🗓️ 22 June 2020
⏱️ 21 minutes
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0:33.6 | Welcome to the NerdWallet Smart Money podcast where we answer your personal finance questions and help you feel a little smarter about what you do with your money. |
0:41.4 | I'm your host, Liz Weston. |
0:43.0 | And I'm your other host, Sean Piles. |
0:45.0 | As always, be sure to send us your money questions. |
0:47.5 | You can call or text the NerdHotline at 901-730-6373. |
0:52.1 | That's 901-730 Nerd. Or you can email us at podcast atnerdwallet.com. |
0:57.7 | And while you're at it, please rate, review, and subscribe wherever you're getting this podcast. |
1:02.0 | This episode, we're tackling a listener's money question about how to handle an inheritance. |
1:06.4 | But first, in our this week and your money segment, Liz and I are going to talk about how to manage your |
1:10.8 | money in a recession. The National Bureau of Economic Research, the organization that decides these |
1:16.2 | things, announced that the U.S. economy peaked in February and we're now officially in a recession. |
1:21.2 | And that can change how you manage your finances. And it's challenging because a lot of people |
1:26.5 | feel like they maybe didn't recover from the last recession. And now there's another one. I know a lot of people feel like they maybe didn't recover from |
1:28.0 | the last recession and now there's another one. I know a lot of millennials are in that camp, |
1:32.2 | but there are some things that you can do to improve your financial resilience right now. |
1:36.4 | And so Liz, I'm interested in talking with you about how people can do that, what your |
1:40.4 | advice has been for folks in previous recessions and ways that we can all get through |
... |
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