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 podcast@nerdwallet.com.

Timestamps:

This Week in Your Money segment: 0:00 - 6:33

Money Question segment: 6:34 - 30:44

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