Why to Question Your Bills, and Making the Most of a Raise

Question your bills. Otherwise, you might be paying more  than you need to for things like healthcare, car insurance and even bar tabs. To start off this episode, Liz and Sean talk about how to scrutinize your bills. Then they answer a listener’s money question about how to manage their finances after getting a big raise, including balancing saving for retirement and paying down debt — and how to avoid lifestyle creep. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Timestamps: This Week in Your Money segment: 0:00 - 7:42 Money Question segment: 7:43 - 24:50