Are CDs Worth It, and Managing a Life-Changing Windfall

The rates on certificates of deposit have shot up over the past year. But are CDs really a good option, especially when high-yield savings accounts are offering similar yields? Sean Pyles and Sara Rathner discuss. Then Sean and Liz Weston talk with a listener about how to manage a life-changing financial windfall. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Timestamps: This Week in Your Money segment: 0:00 - 6:33 Money Question segment: 6:34 - 30:44 Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices