Learn how to build a financial safety net to conserve your wealth and the ins and outs of investing in index funds.\nHow can you build financial resilience to protect yourself from life's economic curveballs?\xa0\nHow do index funds work, and what should you consider when choosing one?\nHosts Sean Pyles and Sara Rathner discuss how you can use elements of financial planning to minimize risk exposure. They offer tips and tricks for financial risk mitigation, including the importance of establishing an emergency fund, understanding the value of disability insurance, and the sometimes overlooked role of community support.\xa0\nThen, investing writer Alieza Durana joins Sean and Sara to help answer a listener\u2019s question about how to choose different types of index funds. They explain different fund management styles, how to evaluate expense ratios and investment returns, and considerations for choosing the right index fund based on individual financial goals and risk tolerance.\nIn their conversation, the Nerds discuss: emergency funds, index funds, financial planning, insurance, investment strategies, expense ratios, disability insurance, economic crises, financial resilience, ETFs, mutual funds, financial goals, risk management, strategic financial planning, investing in index funds, investment decisions, emergency savings, income protection, financial stability, community support, financial safety net, safeguarding income, investment vehicles, financial savvy, asset allocation, investment returns, market performance, tax efficiency, investment minimums, financial well-being, financial risks, sector focus, financial education, retirement savings, economic recovery, cost management, investment objectives, and investment growth.\nTo send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.\nLike what you hear? Please leave us a review and tell a friend.