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

What this episode covers

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

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Frequently Asked Questions

How long is this episode of NerdWallet's Smart Money Podcast?

This episode is 32 minutes long.

When was this NerdWallet's Smart Money Podcast episode published?

This episode was published on March 20, 2023.

What is this episode about?

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...

Can I download this NerdWallet's Smart Money Podcast episode?

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