01.06.25 Timeshares - Vacation Clubs / Teaching The Value Of Money

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 5.2K Ratings

🗓️ 6 January 2025

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, something we receive many calls about at our Team Clark Consumer Action Center - timeshares. Clark explains why timeshares & their latest incarnation - vacation clubs are defective by design. Also - teaching kids about money can be a real challenge, and allowance can play a big role in teaching kids that money is a finite commodity. Beware “Vacation Clubs”: Segment 1 Ask Clark: Segment 2 Teaching Deferred Gratification: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Why Vacation Clubs Are Even Worse Than Timeshares NYTimes: Lured by Luxury Vacations, They Were Stuck With Debt How To Sell, Cancel or Get Rid of Your Timeshare 12 Common Amazon Scams To Avoid Amazon Scam Warning: Beware of Deliveries You Didn't Order 3 Places You Should Never Invest Your Money Why Clark Howard Wants You to Set Up a 'Financial Chromebook' How to Teach Young Kids About Money Cash Back Credit Card Tool - Clark.com Best 2% Cash Back Credit Cards: 11 Options for 2025 6 Things To Know and Do Before You Deal With a Home Insurance Claims Adjuster Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:30.6	It's taken a few months but I think I've almost chosen our next car. I've weighed up new versus
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1:04.9	I'm so glad you're with us here on the Clark Howard Show. You know, our mission is to serve you with advice and information that empowers you
1:13.2	to make better financial decisions in your life.
1:17.5	And in today's episode, I'm going to talk about something we received so many calls about
1:22.8	in our Team Clark Consumer Action Center.
1:26.9	Time shares.
1:29.1	Also, teaching your kids about money is tough.
1:35.3	I want to tell you the role that allowance plays
1:38.7	in teaching the finiteness of money to your kid.
1:45.2	So, time shares stink.
1:49.5	And I've said this for 40 years in broadcast and now here on podcast and our YouTube
1:56.9	show.
	...

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