The Fed is poised to raise interest rates — again. To kick off this episode, Sean Pyles and Liz Weston talk about who’s actually hurt when the Fed raises rates and what you can do about it.

Then they answer a listener’s question about which budgeting apps are the best and whether you might want to use multiple budgeting apps to track your money.

Also, next year, the Smart Money team wants to talk with you, on the podcast, to answer your money questions. We’ll be able to explore what’s really driving your money questions, provide even Nerdier information and help you make even smarter decisions with your money.

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 - 8:59

Money Question segment: 9:00 - 30:33

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Rising Interest Rates, and Budgeting With Apps 31:17 Share

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Rising Interest Rates, and Budgeting With Apps