03.03.21 The 'fast furniture' trend and your wallet. / Flood Insurance changes are on the way. Vital info for homeowners and buyers.

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 5.2K Ratings

🗓️ 3 March 2021

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Urbanization and climate changes are increasing flood risks. Premium adjustments are coming from the National Flood Insurance Program as the Feds realign risk levels. It's vital for homeowners and potential buyers to know the risk level of any property. FloodFactor.com - FloodSmart.gov. // Mobile young adults are renting furniture these days - convenient but is this cost effective? Clark tells you how to get the most from your furniture dollars. Ask Clark topics include: W-4 withholding confusion, Community Property, Buying individual stock picks vs. index funds, Want more money advice? Sign up for Clark’s free daily newsletter! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Have you ever been caught out by payments you've forgotten about?
0:03.2	Join over 2.5 million customers who are already using the Lloyd's Bank Upcoming Payments
0:08.2	tool on our app.
0:09.8	It gives you early sight of regular payments that are due to leave your account in the
0:14.0	next 31 days to avoid any surprises.
0:17.8	It's just one of our many useful tools that can help you stay on top of your money.
0:22.4	To find out more, go to Lloydsbank.com forward slash cost of living.
0:27.0	Lloydsbank by your side.
0:37.0	It's my pleasure to welcome you here at the Clark Howard Show.
0:39.5	Our mission to serve and empower you so you make better financial decisions in your life.
0:46.0	In today's episode, I'm going to talk about flood insurance and why you may want to get
0:51.4	it even if you aren't in a floodplain.
0:55.0	So you may have heard a fast fashion, but if you heard a fast furniture, so we have a
1:02.2	home that is not in a floodplain, but we have flood insurance.
1:09.8	You may think I'm out of my mind, but the deal is we live by two minor creeks.
1:18.2	They come together on our property and they continue enduring heavy rains which can occur
1:24.4	in the spring.
1:26.6	The creek can start to look like a pretty menacing thing.
1:31.2	Thank goodness in more than 10 years, living where we do, we've had not even close to a flood
1:39.0	in our house and we had anything.
1:40.9	It would just hit our basement.
1:43.1	But because we're not in a floodplain and our risk is so exceedingly low, the premium
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Clark Howard, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Clark Howard and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.