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NerdWallet's Smart Money Podcast

Spend Smarter This Wedding Season: Travel, Tipping, and More, (featuring The Knot)

05 May 2025

Transcription

What money lessons did Sean and Elizabeth learn from their moms?

0.71 - 2.751 Elizabeth Ayoola

Sean, can I be a little soppy?

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3.852 - 6.434 Sean Pyles

Elizabeth, you say soppy, I say sappy.

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6.754 - 27.411 Elizabeth Ayoola

Either way, we're both crying, so let's do it. Thank you, because I was going to be soppy regardless. So, Mother's Day is around the corner and I get so emotional thinking about all the values that my mom instilled in me and all the values that I get to instill in my son. Mother's Day also had me mulling on the money lessons that I learned over the years watching my mom.

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28.213 - 35.854 Sean Pyles

I feel that. My mom and I are really close, and I feel so grateful for all the lessons that she's taught me over the years, financially and otherwise.

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42.062 - 50.547 Elizabeth Ayoola

Welcome to NerdWallet's Smart Money Podcast, where you send us your money questions and we answer them with the help of our genius nerds. I'm Elizabeth Ayola.

50.948 - 57.852 Sean Pyles

And I'm Sean Piles. This episode, we're chatting with a listener about budgeting for a wedding, including who you should tip and how much.

58.212 - 67.518 Elizabeth Ayoola

But before that, let's talk about lessons we learned from our moms when it comes to money. Sean, was your mom open with you about her finances growing up?

68.443 - 79.712 Sean Pyles

Yes and no. She taught me the importance of being frugal and how to be creative when money was tight. But I didn't have a deep understanding of our household finances, which is probably a good thing.

80.053 - 93.043 Elizabeth Ayoola

My mom didn't tell me much about her personal finances, but she did tell me about the cost of her bills often, with an emphasis on how expensive things were, of course. And she'd add somewhere, that's why you have to work hard.

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