Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions.
This week’s episode wraps up our nerdy deep dive into the broad effects of climate change on personal finances, with a focus on how to manage a natural disaster.
Check out this episode on either of these platforms:
Are you ready for a natural disaster? The time to ask that question is now — not when the disaster is bearing down on your home.
In the final episode of our nerdy deep dive into the intersections of personal finance and climate change, NerdWallet insurance editor Caitlin Constantine and host Sean Pyles discuss a 2019 report from the Urban Institute, which found that the financial impacts of natural disasters linger long after the disaster has passed. The researchers discovered that credit scores drop and rates of bankruptcy and foreclosure increase in the years after natural disasters. They also found that the impacts are more pronounced for people who live through medium-sized disasters, which are less likely to draw long-term recovery funding, and for people who were already struggling financially.
Caitlin also talks with Kate Bulger, senior director of business development for Money Management International, a nonprofit financial counseling agency. In this role, Kate is involved with MMI’s work supporting people who are rebuilding their finances after natural disasters. They discuss the obstacles that prevent people from preparing for disasters as well as steps people can take to get ready. That includes doing a home inventory, ensuring you have enough home insurance and paying down your debt now.
Have a money question? Text or call us at 901-730-6373. Or you can email us atpodcast@nerdwallet.com. To hear previous episodes, go to thepodcast homepage.
(The Center Square) – The U.S. House of Representatives voted late Wednesday to pass a debt limit deal brokered by the White House and Speaker Kevin McCarthy, R-Calif.
Facebook Marketplace is the most unpredictable place, one minute you have your new coffee table, the next you’re dealing with a scam. Common indicators of a potential scam include a listing or offer being too good to be true. Veuer’s Maria Mercedes Galuppo has the story.
(The Center Square) – A coalition of education experts, governors and lawmakers are pushing back against the "Diversity, Equity, and Inclusion" policies that have become the norm in public colleges and universities around the country. Several states have legislative efforts underway to require intellectual diversity, and professors tell The Center Square they welcome the change.
(The Center Square) – The U.S. House of Representatives is barreling toward a vote on the debt limit increase, possibly voting as early as Wednesday night. House Speaker Kevin McCarthy spent Wednesday wrangling votes from dissatisfied Republicans.
Stacker analyzed data from the Lincoln Institute of Land Policy to examine how city spending on public safety has changed since 1980 and how police funding has evolved within that category.
WEDNESDAY, May 31, 2023 (HealthDay News) -- Researchers have identified the oldest cases of plague in Britain to date, with DNA that is 4,000 years old.
Earth Has Reached Ecological, 'Danger Zone,' Study Warns. A new study warns that Earth has entered into "the danger zone" after hitting seven out of eight scientifically established limits. ABC reports that the research takes into account not only an overheating planet rapidly losing natural areas, but also the well-being of the people populating it. . ABC reports that the research takes into account not only an overheating planet rapidly losing natural areas, but also the well-being of the people populating it. . The study by the international scientist group, Earth Commission, investigated a wide range of issues, including the changing climate and continuing air pollution. . The study by the international scientist group, Earth Commission, investigated a wide range of issues, including the changing climate and continuing air pollution. . The work also covers phosphorus and nitrogen contamination from fertilizer overuse, as well as current levels of groundwater supplies and fr…
(The Center Square) – Bipartisan legislation designed to protect more than a quarter-million documented “dreamers” has been introduced in the U.S. Senate.
With remote work, new norms and decorum need to be adopted, which leads me to how you’re using instant messaging services like Slack. In short, the Huffpost says it's meant for short conversations, it’s not a substitute for conversations that need to be had either in person or over the phone. Veuer’s Maria Mercedes Galuppo has the story.
(The Center Square) – U.S. Border Patrol agents continue to apprehend tens of thousands of people and seize large amounts of illegal drugs being trafficked and smuggled across the southern border.
WEDNESDAY, May 31, 2023 (HealthDay News) -- An exceptionally pricey gene therapy cure for sickle cell disease could soon be available, but it’s not clear whether insurance companies will balk at the cost and deny coverage.
As interest in domestic travel continues to increase among U.S. travelers, Stacker used data from YouGov to find out what states are top choices for an in-country visit.
Traveling by air can be relaxing for some and frustrating for others but new research from a Forbes advisor shows that some airports are more problematic than others. To come up with his findings, he analyzed more than 37,000 tweets directed at the 60 busiest airports in the country from March 2022 to March 2023. The advisor used machine learning tools to review the tone of Twitter messages and found that the more negative the tweets, the more an airport seemed to play host to dissatisfied travelers.
WEDNESDAY, May 31, 2023 (HealthDay News) -- A nasal spray containing ketamine might help relieve migraine headaches when other treatments fail, a new study suggests.
If you can't afford to travel outside of the US here are some charming cities you should visit if you want to feel like you're in Europe. Those wishing they could go to Spain should head to St. Augustine, Florida, the oldest city in the US. The Spanish settled in St. Augustine in the 1500s so a lot of the city’s architecture is similar to Spanish cities. Carmel-by-the-Sea in California has the same relaxed, coastal vibe as a small Italian seaside village. It has cute cottages, gorgeous cliffs, and lots of independent cafes, shops, and wineries. The city of Leavenworth in Washington was turned into a Germany style town back in the 1960s to increase tourism. Today, the city is still heavily influenced by German culture and architecture, visitors can go skiing, biking, or bird watching. When you’ve finished that you can enjoy some bratwurst, beer, and strudel in a local restaurant.
Nevada Enacts , New Laws to Protect , Election Workers. On May 30, Nevada signed into law new legislation that would see anyone who harasses, intimidates or uses force against election workers face up to four years in prison. On May 30, Nevada signed into law new legislation that would see anyone who harasses, intimidates or uses force against election workers face up to four years in prison. NBC reports that the new law is aimed at deterring attacks against state and local election offices. . According to Democratic Secretary of State Cisco Aguilar, threats and intimidation against election workers across the country have increased significantly. Aguilar attributed the increase to falsehoods and conspiracy theories revolving around former President Donald Trump's 2020 White House bid. NBC reports that similar measures have been put in place to protect election workers in Maine, New Mexico, Oklahoma, Vermont and Washington. The new Nevada law includes making the dissemination o…
WEDNESDAY, May 31, 2023 (HealthDay News) – Patients taking semaglutide for type 2 diabetes or weight loss should be careful about where they’re getting the medication, the U.S. Food and Drug Administration warned Tuesday.
When it comes to “cancel for any reason” insurance policies, the small print will often disregard unseasonable weather or unforeseen activity cancellations which begs the question, as the environment alters, should travel insurance too? Veuer’s Chloe Hurst has the story!
WEDNESDAY, May 31, 2023 (HealthDay News) -- When the late Brown University researcher Catherine Kerr had cancer, she benefited from an ancient Chinese practice known as qigong and began looking into its impact on others.
WEDNESDAY, May 31, 2023 (American Heart Association News) -- Melanie Wickersheim has no memory of the first time her heart gave her trouble. She was an infant, and her pediatric myocarditis – an inflammation of the muscular walls of the heart – resolved before she was old enough to know anything had ever been wrong.
U.S. travelers are still hungry to travel, despite the potential of an economic slowdown. The number of U.S. passengers flying to international destinations in April increased 28% compared with the same month last year, according to the International Trade Administration. “Demand is strong this summer for international trips as it is the first full summer...
WEDNESDAY, May 31, 2023 (HealthDay News) -- Girls have long been thought to have a language advantage over boys as infants. But new research finds that boys make more vocalization sounds than girls do in the early months of life.
Tax Day has come and gone but April is not the only month to be on top of major financial deadlines. Here are a few dates to look out for in June. June 1st is when hurricane season officially starts. According to Money Talks News, this date is important because it could directly affect your finances if you live in an area prone to hurricanes.
WEDNESDAY, May 31, 2023 (HealthDay News) – Providing sick leave to restaurant workers could help prevent the spread of foodborne illness because ill workers are key drivers of outbreaks at restaurants, a new government report shows.
This is Hussein Al-Missaoui a man who has lived in Tunisia all his life. He remembers a bygone era, one that includes the French colonization of his country and that’s because he just celebrated his 119th birthday.
WEDNESDAY, May 31, 2023 (HealthDay News) – Former first lady Rosalynn Carter has dementia but continues to live at home, the Carter Center announced Tuesday.
WEDNESDAY, May 31, 2023 (HealthDay News) -- An anti-inflammatory drug that has been around for over 2,000 years might help delay a very modern problem: hip and knee replacements.
WEDNESDAY, May 31, 2023 (HealthDay News) -- That happy, confident spring in your step is likely a benefit imparted by human evolution, a new study argues.
LINCOLN — A pair of Nebraska lawmakers are joining a national push to make Washington, D.C. the nation’s 51st state. Legislative Resolution 146, introduced by Lincoln State Sens. Danielle Conrad and George Dungan, would urge Nebraska’s congressional delegation to support statehood for the nation’s capital if passed by the full Legislature. This would be a […]
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