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NerdWallet's Smart Money Podcast

Online Banking vs Neobanks: Understand FDIC Safety and Protect Your Money

18 Nov 2024

Transcription

What tips can help me host an affordable Thanksgiving?

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Thanksgiving is in 10 days. Wow. This year has flown by and also gone very slowly. If you haven't finalized your menu yet, honestly, you're probably not alone. So Elizabeth, how are you spending your Thanksgiving?

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14.034 - 32.265 Sean Pyles

Well, this will be my first one in Houston. And guess what? What? I got invited to my first Friendsgiving. Yay. So I think I'll spend the day house hopping. I will be attending a Friendsgiving and just crashing anyone's house who has food really. But of course I'm gonna bring a dish to each home I crash.

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How about you? Well, I plan to transport a casserole across several state lines and hopefully it arrives in one piece. But the beauty of most casseroles is that by design, they already look like they got shaken up in the car a little bit. Welcome to NerdWallet's Smart Money Podcast. I'm Sarah Rathner. And I'm Elizabeth Iola.

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This episode, Sean and I answer a listener's question about how to tell a neobank from a traditional bank and how safe your money is if you go the neobank route. We even partake in a little real-time online research, which is surprisingly a lot more fun than it sounds.

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72.383 - 73.644 Sean Pyles

I'm definitely surprised by that, too.

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I was shocked, but let me tell you, it was a lot of fun. We had a great time.

77.528 - 99.882 Sean Pyles

I'm going to take your word for that, Sarah, but I'm still side-eyeing you. Don't hate it until you listen to it. But first, let's talk turkey. Specifically, how expensive it can be to buy, prepare, and serve a Thanksgiving meal to a table full of hungry guests. And that's just if you're hosting one meal. Oftentimes you have guests staying at your house for a few nights or even weeks too.

100.422 - 103.925 Sean Pyles

But honestly, I don't have that experience because my family is scattered around the globe.

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And while we also did not factor in the cost of going out to a bar the night before Thanksgiving to give yourself the emotional fortitude to deal with the next few days, especially if you have house guests in your house for weeks. Not okay, guys. Go home. Now, here's the thing. We cannot stop your great aunt from asking you when you'll finally get married or whatever.

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