Budget Rehab: A Debt-Free Couple Plans for a Wedding, House and Baby (Plus: Inside Disaster Betting Markets)

Budget Rehab: A Debt-Free Couple Plans for a Wedding, House and Baby (Plus: Inside Disaster Betting Markets)

September 10, 2026 · 38 min

About this episode

The episode discusses how a debt-free couple budgets for significant life events while exploring the rise of disaster betting markets.

Learn how a debt-free couple budgets for a wedding, a house and a baby, plus why disaster betting markets are booming. How much of a $20,500 monthly income could go toward a wedding, a first home and a future baby, all within the same few years? Hosts Sean Pyles, CFP®, and Elizabeth Ayoola sit down with a debt-free military couple, Jack and Lauren, to dig into their budget and figure out where their savings could be prioritized. You'll hear how the couple built their monthly numbers, how their retirement contributions stack up years down the road, and where spending on subscriptions, transportation and eating out is quietly adding up. Would you bet money on whether a hurricane makes landfall, or an earthquake strikes? Senior news writer Anna Helhoski explains how prediction markets on platforms like Kalshi and Polymarket have turned natural disasters into tradable contracts worth hundreds of thousands of dollars, and why some researchers argue the practice is pricing catastrophe like just another guessing game. Enter for a chance to win a $250 Amazon gift card — and help us improve our show — by taking our listener survey! Find the survey and official sweepstakes rules here…

More episodes of NerdWallet's Smart Money Podcast

Explore listener stats, chart rankings, contacts and more on the NerdWallet's Smart Money Podcast podcast page.