NerdWallet's Smart Money Podcast - Ditch Your Money Trauma So You Can Live an Abundant Life (with Shannah Game)

Episode Date: December 29, 2025

Learn how to explore your money beliefs and take real steps toward saving and investing, even on a tight income. What’s really behind your money habits? How can you build savings and invest if you���re not earning much? Hosts Sean Pyles and Elizabeth Ayoola discuss how your relationship with money shapes your financial behaviors and what you can do to change that narrative. Joined by Shannah Game, host of Everyone’s Talkin’ Money and author of Unraveling Your Relationship with Money, they begin with a discussion of how money beliefs form in childhood, how your body gives clues about financial stress, and how weekly “money dates” can help shift your mindset, spending, and long-term financial outcomes. Then, Katie, a listener navigating a career change and major life transition, joins Sean and Elizabeth to discuss budgeting on a lower income and how to make progress on both emergency savings and retirement. They discuss how to build an emergency fund with irregular income, when and how to roll over 403(b) accounts into an IRA, and how to invest small amounts without feeling discouraged. The conversation also covers tools like the 50/30/20 budget and NerdWallet’s retirement calculator to help Katie — and listeners like her — build a path forward, even if they feel like they're starting late. Are you on track to save enough for retirement? Use NerdWallet’s free retirement calculator to check your progress, see how much retirement income you'll have and estimate how much more you should save: https://www.nerdwallet.com/calculator/retirement-calculator  NerdWallet’s roundup of the best IRA accounts: https://www.nerdwallet.com/best/investing/ira-accounts  In their conversation, the Nerds discuss: how to fix your relationship with money, money beliefs, financial trauma, budgeting on low income, how to start saving money, emotional spending, how to invest with little money, financial self-awareness, weekly money date, how much to save for emergencies, what is a 403b, 403b rollover to IRA, Roth IRA vs traditional IRA, how to track spending, how to set money goals, compound interest explained, how to save for retirement in your 30s, moving in with a partner finances, financial independence, personal finance for late starters, how to handle a career pivot financially, how to build an emergency fund, aligning spending with goals, how to start investing in your 30s, best IRAs for beginners, saving vs investing priorities, high-yield savings account, budgeting tools for beginners, financial planning on hourly wages, financial literacy basics, how to track expenses, how to make money habits stick, celebrating financial wins, how childhood affects money habits, somatic responses to money, financial therapy, how to stop money anxiety, 50/30/20 budget rule, NerdWallet retirement calculator. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [e-mail]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sean, we only have a couple days left until the end of 2025, and I want you to share one thing that you're super proud of that you achieve this year. Oh, I can't just choose one thing. I mean, I started a financial planning firm. I got married. I planted several hundred bulbs in my garden. I have so much to be proud of. You do.

Those are all awesome things. But if I have to choose one thing, I will say I'm most proud of the community that I built over the past year. And I'm looking forward to celebrating with them and growing with them. them in 2026. I love that. And you know, smart money, this is a community too. We have so many wonderful listeners that send us their fantastic financial questions. And it's such an honor to help them as they navigate their money every year. It really is. Y'all are part of the community too. And we want you to keep sending us your money questions so that we can answer them

in 2026, which sounds crazy saying, and you're still sending them to the same place. So that's 901, 730, 63.73. That's 901-730, nerd. Or email us at podcast at nerdwollet.com. All right. Final episode of the year. Here we go. Knowing why you do, what you do with money isn't always easy. Looking back on some of my early financial decisions, I'm sometimes left wondering what I was thinking or if I was thinking at all. For the longest time, I was too ashamed to explore why I was spending money like it was printable. but I'm glad I finally did. Well, this episode will help you get better acquainted with your financial self. Welcome to Nerd Wallet's Smart Money Podcast, where you send us your money questions,

and we answer them with the help of our genius nerds. I'm Sean Piles. And I'm Elizabeth Ayala. This episode, we talk with a listener about how to make progress on savings and investing goals, even when money is tight. But first, we're going deep into your relationship with money. Elizabeth, if you could use one word to describe your relationship with money, what would that be? I would say it varies depending on the month and what I have going on.

So in December, it would have been toxic, but today it is partnership. We are working as a team to get me closer to my dream life. And you know what? That is progress, Elizabeth. For many people, I'm guessing that word might be tense or maybe even unhealthy. But exploring your relationship with money is an important investment, one that can pay all sorts of dividends and big small ways. And to help us explore our relationships with money, we are joined by Shauna Game, host of the podcast Everyone's Talkin' Money, an author of the new book, Unraveling Your

Relationship with Money, Ditch Your Money Trauma so you can live an abundant life. Shauna, welcome back to Smart Money. Hey, thanks so much for having me. So, Shauna, your book is called Unraveling Your Relationship With Money. Tell me, why do you think people need to dissect their money relationship, and what is the goal? It's such a good question. Elizabeth, I think that we live in this vacuum where we think that money is only about math. And it's really unfortunate because it is about so much more. It's about emotions and behaviors and habits and story and how we were raised. And all of that plays into how we save, spend, and even earn our money. So I think it's so critical that we bring this idea of relationship

with money into the conversation about fools and particularly for most of us, you know, you described your relationship in December as toxic, right? A lot of people would probably borrow that word as well because they just feel stuck. There's something that you want to do or achieve and you cannot figure out why in the world can I not make this happen. And so usually when people get to that spot, I say, okay, this is the time where we need to explore this thing called relationship with money and figure out, you know, what's going on behind the scenes that's stopping your progress towards these goals. I imagine that a lot of people might be scared of what they would maybe find under the layers they built around their relationships with money. And I'm wondering

how you think people can work through that fear that might even turn them off from probing their relationship with money in the first place. That's a very real, uh, scary feeling that a lot of people have because let's be honest, most of us do not like looking at our bank account. I often say, like, we need to tiptoe into this really exploration around relationship with money. And there's lots of different ideas and exercises and kind of tactics I can give you. But I think the first place is thinking about one word to describe your relationship with money. But then we got to dig deeper. So if it's toxic, I'm going to ask you, okay, Elizabeth, like, why?

Why is it toxic? And I don't know, maybe you would say, well, December is the holidays and oh my gosh, we all overspend. okay, so tell me about that, right? And so it's this exploration of just digging deeper and deeper with yourself until you get to some sort of foundation of like, okay, this is really what it is about. I work with so many people and their biggest fear is that there's just never enough money. And so my follow up is, okay, well, what is enough? And why are we not in that place? And this just requires this kind of asking of ourselves. So I tell you that just to say, don't take it like, I'm going to fix my whole relationship with money in one day. Let's just

take it bite by bite. Yeah. In your book, you describe how getting to know your money involves inner work and outer work. Can you explain what you mean by this and how we can productively do both of these types of work? I think it's really important that if we were creating the equation for financial success, I would say the inner work comes first. Inner work is a lot of what we're talking about here. It's, you know, thinking about the words that describe your relationship with money. But something else that is really important is this idea of money story. And a lot of people might have heard that before, but not quite understand the context. I talk about this in the book that by age seven, we've really developed our sort of

a viewpoint on money, our habits, our behaviors, our beliefs. And it's kind of scary to think about that because I don't remember a lot from my childhood, like three, seven years old. But to think that that time period was that impactful. So really going back and thinking about, okay, what was my childhood like around money? What did my parents talk about, not talk about? Were they fighting? Were they not? Were we having to go without? Where is there access? Like, all of those messages and beliefs. And if it helps you, just go back to your earliest memories around money and kind of explore those and see if there's any patterns between those memories and those messages and how you're interacting with money today. I love that you mentioned money

beliefs and money stories. It's actually one of my favorite introductions, I think, to my personal finance journey. So I remember having setting down and journaled what my money stories were and what my money beliefs were. And I found one of the core things for me was that I didn't think I deserve to have a lot of money. So it limited the way that I negotiated my salary, would negotiate with clients. Making subconscious behavior into something you're aware of can be really hard, right? So how can people get more familiar with their money beliefs and stories that they're embodying. Thank you for your transparency there. I wish that we all could have more conversations like this because I'm sure there's a listener that's like, oh my gosh, I have the

same version of story that Elizabeth does. But I think that we really need to look at what's happening in our body. So whenever you're looking at your bank account, right, or you're transferring money, or you're looking at your paycheck, or let's say that you're having a money discussion with your partner or your family members, I want you to become aware of what's happening in your body. So is your heart racing or your palms getting sweaty? Do you feel like you would rather just run out of the room than deal with the situation? All of those are somatic, bodily cues that something is going on with your relationship with money. And when you notice one of those things happening, don't judge yourself. Just pause and say, okay, where is this coming?

from? Is this coming from a belief from my childhood? Is this coming from something real where maybe there just isn't enough money? And that's bringing me back to this place of just this extreme fear around money. Maybe you grew up where money was really tight. So I think the body gives us so many clues when it comes to money, but we just don't tune into that. We're just really looking at the numbers piece. So use your body as an indicator, a moment of pause and say, okay, what's going on and where does this come from? But I find some people get stuck with sometimes knowing, okay, I'm aware of what is inhibiting me, but they don't know what to do with that. So, okay, I know that I don't think I deserve money. How do you work past that? So it

translate into changes in your finances. There's so many different exercises you can use. It depends if you're somebody who loves to journal. I have an exercise called Hey Money, and I literally be right money a letter. Sometimes it's a couple of words and it's not a very nice letter. Sometimes it's, oh, this great thing happened. But the process of doing something like that is helping me move past these places of fear that are stopping my ability to move forward with money. There's also financial therapy. But, you know, I think that what we need to do is when we notice the feeling. We need to acknowledge it. Go, okay, it's there. And then we need to think about what action step can I pair with this that might help this? So if it's a feeling of there's

never enough money, maybe I might look at like, okay, have I set up an emergency fund? Am I contributing to my 401K? Like, am I actually taking actions to help counteract this belief that I have? So you talk in your book about how one of the antidotes of being scared of your money is knowing what you want in life. That resonates with something we talk about a lot on smart money, how money is just a tool to get you what you want out of life. But knowing what you want and actually getting there, I think can be two different things. And you call this in between space the goal gap. So how can people bridge this gap and actually get what they want from their money and their lives? The first pace that you have to start is obviously what do I want.

And I know this feels like a really big question and some people don't even allow themselves to go there with money because it feels like, oh, this isn't possible or I've never seen this happen in my family. How dare I think about building, I don't know, generational wealth or a business that I could sell or anything like that. So I think whether you like to brainstorm or draw or whatever, allow yourself some space where you can just have fun and think about what do I want this future to look at? like. Then we've got to go down into your numbers. And one of the best ways to do this is by something I call a weekly money date, I literally set my timer on my phone for 15 minutes. And I'm looking at my

spending from the week previous. And I'm thinking about what's coming up. And what I'm doing is I'm looking at my spending and am I saying, okay, is my spending aligning with that vision I have from my future. I think we tend to think that in order to reach our money goals, we need to get rid of everything excess. And I don't think that's the right way to approach this. If it's, you know, I love going out to eat once a week on a date night or I love going to that gym workout class. Build that into your spending plan because that's part of this vision that you're creating. I like the idea of having that weekly money date with yourself where you are to setting aside a quick 15 minute allotment of time. Doing it bit by bit will help you make tremendous progress over a month or a year.

I would say like another piece of that is celebrating small wins. Having a weekly money date is a win. Looking at how you're spending your money is a win. Thinking about your future is a win. But also, for instance, if we're going to pay off debt, let's say every $100 that we pay off, let's go give ourselves a small little reward. I'm talking about something super but let's celebrate this along the way because that's an important piece of this too in in the building the trust with ourselves and our relationship with money. That is so key because we know from behavioral psychology that the more you like to do something, the more fun it is for you, the more likely you are to keep doing it.

And a lot of what we've been talking about can seem so heavy and fraught and maybe even painful to dig into or frankly even boring, just looking at your numbers. people don't like to do that all the time. So how can you make it something that is actually something you want to engage with, something fun? So building in those rewards, making a little moment to celebrate every time you do make some progress will really help you see these things through over the long term. So you wrap up your book by talking about how we can keep our money relationships unraveled. If you could give our listeners one piece of advice to keep their dialogue with their money open long term, what would it be? The important thing to keep your relationship with money unraveled is to keep coming back to

what is the story that I learned about money when I was little. How is that influencing the decisions, the behaviors, the actions I'm making now? If you just do that piece, you will be shocked at what you discover and how that can help you move forward with a different story. I love that. Okay. Well, one last thing before we let you go, Sean. throughout your book, you have these money, truth, or dare prompts for readers, which I found

really fun as I was reading your book. I thought about asking you a truth or dare question, but I thought that a dare might be a little hard to do on a podcast. So I want to ask you a money truth. Shawna, what was the first dollar you ever spent and what did it teach you? Ooh. Yeah, I love the truth. Putting you on the spot here. I love the truth or dares. That was actually my most fun part to write in this book. The first dollar I ever earned, that actually came from the tooth fairy. I lost my first tooth on a milk dud watching a movie. And I remember waking up in the morning and I was like, oh my gosh, there's money under my pillow. And I think what I learned from that is that it doesn't have to be as difficult as you might believe. I remember watching

my dad kind of struggle with money, and I thought, this is crazy. Like, I lost a tooth and I got a dollar. Like, this doesn't have to be that difficult. Of course it is. And it's been a giant You had to grow that tooth. I had to grow that tooth, which I was not accounting for. Do you remember how you spent that dollar? You know, there was kind of like a 7-Eleven-ish type store down the street from my house. I probably went down there and bought some version of an icy. So that maybe taught you to enjoy the money that you earned. Yes. But again, it took me many years to actually cement that lesson.

Yeah. Great. Well, Shauna Game, thank you so much for coming on and sharing your thoughts with us. Thanks for having me. We're about to get to this episode's money question segment where we help a listener on a tight income, balance, saving, and investing. But before we get into that, listener, I've got a question for you. What is your money question? the financial thing that keeps you up at night or that goal you just can't seem to make progress on.

Maybe you need to buy a new car but aren't sure the best way to pay for it, or you're finally going to get yourself a high-yield savings account and need help vetting different companies. Or you're trying to break yourself out of a bad financial habit, but just can't seem to do it. Whatever your money question, we nerds, are here to help. Leave us a voicemail or text us on the nerd hotline at 901-730-63. That's 901-730 N-E-R-D. And a reminder that one of our goals on smart money this year is to talk with more of you live on the podcast to help you with your money questions. So if you want to hang with Elizabeth and me for a bit and get some nerdy wisdom, let us know.

One more time, leave us a voicemail or text us on the nerd hotline at 901-730-6373. That's 901-730 nerd. Let's get to this episode's money question segment. That's up next. Stay with us. We're back and answering your money questions to help you make smarter financial decisions. This episode, we're joined by Katie, a listener with some questions about how to save and invest when money is tight. Katie, welcome to smart money.

Hi, thank you for having me. Katie, I'd love to start by hearing about your financial life generally right now. Where are you feeling good? Where do you think you might have some room to grow? Right now, I'm kind of finishing up a job. at a museum where I'm paid pretty average. I'm able to kind of save some money. I direct deposit some money straight into my savings account. I'm able to put a little bit into retirement. And that was something that I've like very recently started doing. So I'm kind of proud of

myself for that. You should be. So much of my 20s was working like really seasonal, low paying work where I just didn't even have the capacity to, like, save even remotely. Now that I was, like, getting a salary, I was feeling really good about saving that. And so you said you're making an average amount. What does that mean? When I started my position at the museum about two years ago, I was making, like, $45,000. And then I, you know, was able to work up and kind of ending. I'm making about $52,000.

in. So I don't spend tons of money, so I'm able to save a little bit, able to treat myself to some things here and there, but, you know, I'm not taken in a bunch. So you said that in your 20s, you weren't super mindful about your finances. How old are you now? I'm 34. I'm about to be 35. So now you're thinking clock is ticking better get serious. Oh, yeah. I really was working like seasonal jobs, low pay, and I was moving a lot. I kind of blame it on that. Like I wasn't in a position where I could save anything. But I can't help but think like I'm very late to the game in terms of trying to save money, trying to put money into investments, money into retirement and kind of navigating that whole financial world. Katie, I understand and empathize

with that feeling of starting late because I also started late. So you're not alone in that. I started saving for retirement, I think, around 33 or 34. Oh, that makes me feel better. Your experience is not uncommon, Katie. You mentioned that you have been saving, doing direct deposits, which we call paying yourself first. It's a really smart way to save money. How much do you have in savings? Most of it's in a high-yield savings account, and that's about 9 to 10,000, somewhere in between there. And then I have like a little bit of money in my regular bank savings because that's just where the direct deposit goes.

and then I have just whatever is left in my paychecks goes right into my checking account and I use that to pay off like any credit card debts or things like that. So for that 9 to 10,000, do you know how many months of expenses that would cover? I'm thinking about your emergency fund here. No, and that's something that I've like really been trying to figure out what would that emergency fund need to be. I know, like, you know, if I get hurt, I need something, some money for that, but, you know, costs out the wazoo, probably. Well, think about what expenses you might need to cover if you were unable to work.

So in an ideal world, you would have between three to six months of what we call barebones budget covered in your emergency fund. So that would be things like housing, any medicine that you need regularly, utilities, groceries. you're not going to be going out to eat a lot if you don't have money coming in. So what is the bare minimum you would need to get by for a few months? That's really how you can help determine what your emergency fund amount might need to be. Katie, you wrote to us and you mentioned that you have a big life change coming up. So can you talk to us about that change? And then maybe how that might also change your expenses and how much you need saved for your emergency fund.

I am leaving the job that I have right now at the museum. and which is in Maine, and I'm moving in with my partner in New Hampshire. We live in a mountain town where there's not a lot of industry. So a lot of the jobs are within the trades, within the service industry, kind of hospitality, the tourism industry, which is not really what my background is in. My background is in science and informal education. And so I've had to switch gears a little bit in terms of careers. And as I rethink what my career future would look like, I'm taking a job at a plant nursery, but it's an hourly wage of $16 an hour, which is a significant cut than what I was making at the museum. And so my whole what am I spending money on,

how much am I taking in? Essentially, all the finances that I've been tracking is completely changing. So while I'm going to be making significant less amount of money, I'm also not going to be driving as much because me and my partner were long distance. And so I was spending a lot on gas, just trying to go see him. And then we're going to be sharing a food budget. So all of those finances are definitely going to be different. It's just I haven't been living here long enough to gauge what exactly that is. Luckily, he's in a position where if I lost my job, I'm able to rely on him financially for a little bit. But I don't like to put that on someone else. I like to be financially independent as much as I can. And so thinking about like that emergency fund,

I believe I have saved up enough to withstand my new life from what I think it's going to be for the next six months, but it would probably wipe me out. This is a pretty exciting opportunity for you, Katie, because you have a near blank slate with your budget. You have a different income. You have different expenses. And so right now, you have a chance to actively track this in a way that maybe you didn't before. So as a way to get a gauge for where your income and expenses are falling, we recommend using the 50, 30, 20, budget template as a place to start. And this is where 50% of your income would go to covering your needs. That would be like your housing and groceries. 30% goes to wants and then 20 goes

to additional debt payments and savings and investing. So you might not fit perfectly into that 50, 30, 20 framework. A lot of people don't, given how expensive things are, some people like 60, 20, 20, 20, where 60 is going towards needs. But this is a way where you can kind of get your arms around your budget a little more, which I think is important considering your savings goals. And I've definitely started looking into that budget framework. That was not anything that I've ever heard of or considered because, you know, financial literacy was not necessarily part of my informal and formal education growing up. So I've, this is a lot of like self-discovery recently. So I've been looking more into kind of that framework. You know, and I feel like I could fit within

the 1520. But in terms of the same. I think that's where I most like am like, how am I going to handle this in terms of if I'm not bringing in a lot of money, how do I break down money like to go into a retirement versus money going into just my savings, cushioning either my emergency fund or anything like that. I don't have a lot left over to actually play with. Like is it worth putting $25 in my retirement or $50 in my savings? All really good questions, Katie. And I will say before we go into that, it is worth it because compound interest is working

in your favor. And that's essentially when your money makes money, assuming that you're investing it. So investing $25 over investing $0, I think is definitely worthwhile. I do want to rewind and ask you, how much do you have safe for retirement already? And how much are you saving on a regular basis? I have just under $7,000 in my retirement. I kind of set my limit, like how much I was putting in the retirement when I started at the much lower pay scale. So I was only putting in, I think like 2.5% of my income. And I didn't scale that up as my pay increased. But then I also have just over $1,000 in another retirement account from a job that I had before this museum. And I thought I had. rolled it over into this retirement count, but I just found out I didn't. So I have these two retirement accounts with, I would say, just under $9,000 combined. And then why are you thinking

about rolling your money from a 403B into an IRA? I guess this is where I have a lot of questions about it, like, what is that correct thing to do? Because if I only have roughly $9,000 in an account. My understanding is that I can't contribute to a 403B unless I'm in one of the institutions that you can't, like I'm, I can't just contribute to it on my own. So the plant nursery doesn't have retirement. And so if I want to contribute to a retirement account, I would have to open a retirement account. For folks who may not know, a 403B is essentially like a 401k that is offered by typically places like public schools and some non-profits like the museum that you worked at. And since it's like a 401k or another workplace retirement plan, if you're not

currently employed by that organization, you can't contribute to that account, to your point. But in that case, you could contribute to an individual retirement account, an IRA, either a Roth or a traditional. And that's the one that you have about $1,000 in. Is that correct? No, that one is also a 403B. I was working at a specialized private school for two years. So that's also it. So I have two four or three Bs that I thought I had combined, but it turns out I didn't. You can handle them kind of however you feel. You could leave the two 403Bs with the institutions that have them. Or you could roll them both into a new IRA account. And you can shop around for an IRA. A lot of financial institutions offer them. We have

roundups that nerd wallet that I recommend you read through to see which one might be a good fit for you. But what you might want to consider is going into your 403Bs, seeing the investment setter and then the fees that you might be paying and then comparing that to what options you have in an IRA because you might be able to take more control over your retirement savings if you do have these two 403B account funds in a new IRA. That way you actually might be able to be more proactive with your saving. If you do decide to open a Roth IRA, there can be an advantage with you having lower income than you likely will have in the future because finance professionals sometimes

recommend contributing to a Roth during your lower income years since you'll pay less in taxes. So there can be some benefit there too. And to your question around which to prioritize or what to do, Katie, the good news is that you don't have to choose one or the other. you have lots of options ahead of you. You could roll the amounts in your 403Bs into an IRA, and you can contribute regularly to this IRA as well, so you are gradually making progress on your retirement goals,

because here's the thing. Time is your friend and your enemy when it comes to saving for retirement. You want to make the most of the time that you have ahead of you, but the clock is ticking. So Elizabeth mentioned compound interest earlier. The more you're able to contribute, even if it is just $25 a month,

the more you'll have later on. And I know you're kind of considering which is the priority, should you save more of your emergency fund, or should you contribute to your IRA? And I think you might want to consider multitasking here. A lot of financial planners will recommend first building a small emergency fund, maybe even just $1,000 or so, and then shifting more toward your retirement savings. Since money is pretty tight, just look through the numbers and figure out a way you can divide up your income and your savings so that you are able to make progress in these multiple goals simultaneously. But longer term, increasing your income is going to be really what makes the difference so you can accelerate your retirement savings. If you haven't

already, I would recommend playing with Nerd Wallet's retirement calculator. We'll have a link to the show notes and we can send you a link after this conversation so that you can get a feel for the numbers again. Think about how much you might need in your retirement and how you can save enough today to get there. And I also want to add, I know it can feel sometimes discouraging or pointless when you're saving small amounts. I personally am someone who likes to save in big chunks, but it's just one, building the discipline of saving towards those multiple goals. And then also, too, every little bit counts. And your financial situation is, of course, going to change as you progress in your career. So you can increase your contributions then. So don't be discouraged,

maybe because you don't have so much to contribute at the moment. that's definitely how I feel. You mentioned maybe going into the medical field. What are your aspirations and goals over the next five, 10 years? This is definitely a time where I've been re-evaluating my career. One direction that I've been, I've kind of always gone back to in times when I'm in between jobs or I'm like in this really low-paying seasonal job and I am feeling like I just need to make a change is nursing. I'm someone who just naturally likes to interact with people and work with people. It does mean going back to school, which is its own financial conversation. But then I also kind of weigh it against maybe if I just kind of stick with my career path I've been on and trying

to find something remote within that, I can just get back to the financial stability that I had prior to the move without having to put in a lot of money, go into debt for schooling, even though in the long run, I can make back that money from nursing pay. That's tough because there's no right answer to that question. Katie, it seems like you have some homework cut out for you. Oh, I have so much homework. Take into your budget, understand the essentials that you have to pay for, what that emergency fund might look like, the three to six months that you should probably have in there.

think about what career path you want to pursue and how you can accelerate your retirement savings. How are you thinking about all that's on your plate? We don't want to overwhelm you, but it can be nice to kind of list everything out like that. Don't worry. I overwhelm myself. I think where I'm at right now is I have all this information and I need to figure out how to organize it. And then honestly, I just need to like make decisions and just do things. But you still can dream a bit. and talk with your partner too and maybe map out what the future might look like. We haven't really talked about how you and your partner manage your finances. You're moving in together.

That's a big change for both of you. It seems like you're able to rely on him for some financial support. Is that right? I'm very fortunate that he owns the house that we live in. And so that has been helpful as I transition into this position of a much lower income. He's letting me not pay any of the big expenses right off the bat as I stabilize myself. We haven't had that full financial conversation yet, but just kind of based off of how we have over the last four years done things in terms of financially, we tend to split things 50-50 because that's kind of what I feel more comfortable with. Again, as I said, I don't like to be financially dependent on someone. I like to be able to kind of hold my own financially. And so that makes me comfortable to try to split things as evenly as possible. I guess that's my financial goal for our relationship.

Well, like we talked about earlier, with you having this great opportunity ahead of you to reevaluate your budget, your goals, your saving plan, you moving in with your partner is a big moment where you can begin to have this dialogue in more depth. and set shared goals and align on your values around how you want to manage your money together. I'm really excited for you. I think that you have a great few months ahead of you. You have a lot to sort out like we talked about. But there's a lot of fun in that too because you can dream and play around a bit. I'm excited too. And every now and then I'm like, oh, yeah, this is kind of fun and exciting.

And then the next day I wake up and I'm like, oh, my gosh. Overwhelming. So much to think about. Yeah. Yeah. Well, Katie, thank you so much for coming on and sharing your story with us. I hope that we've been able to provide some insights to help you map out what you want to do with your savings and investing and finances in general as you're at this pivot point in your life right now. Yes, it's been very helpful. Thank you guys. Well, keep us updated. We really want to hear from you. I will. And that's all we have for this episode. Remember, listener, that we're here to answer your money questions. So turn to the nerds and call or text us your questions at 9.0.0.com.com.

9.01 7306373. That's a 901-730 Nerd. You can also email us at podcast at nerdwollet.com. You can follow the show on your favorite podcast app, including Spotify, Apple Podcasts, and IHeartRadio, to automatically download new episodes. Here's our brief disclaimer. We are not your financial or investment advisors. This nerdy info is provided for general educational and entertainment purposes and may not apply to your specific circumstances. This episode was produced by Tess Vigland, Hillary Georgie helped with editing, Nick Carissamine mixed our audio, and a big thank you to Nerd Wallets editors for all their help. And with that said, until next time, turn to the nerds.