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The Clark Howard Podcast

03.14.23 Digital Subscription Workaround Saves $ / Clark’s Home Equity Rule

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 14 March 2023

⏱️ 25 minutes

🧾️ Download transcript

Summary

Apple & Google don’t want you to know how to get phone app digital subscriptions cheaper because you taking one simple step costs them commissions. Clark spills - you SAVE. Also - banks are descending like locusts on homeowners fat with equity - with ads to pop that piggy bank! HELOCs are up 50% over a year. Learn the risks, the difference between home equity loans & lines of credit, and Clark’s Rule about the ONLY TIME it makes sense to tap home equity. Avoid In App Purchase Punch: Segment 1 Ask Clark: Segment 2 Protect Your Home Equity: Segment 3 Ask Clark: Segment 4 Mentioned on the show The money-saving deals Apple and Google are hiding from you 5 Best Ways To Send Money Online Wise: the international account | Money without borders International Money Transfer from the United States - Revolut Best Credit Cards With No Foreign Transaction Fees in 2022 5 Things To Know About Series I Savings Bonds How To Open a Roth IRA 13 Steps To Keeping Your Email Safe and Secure Proton Mail — Get a private, secure, and encrypted email Discover Card: How To Remove Your Information From People Search Sites More homeowners tap equity juiced by soaring prices Home equity loans & lines of credit: 7 common questions answered Should I Get Pet Insurance? Credit Karma Review: Free Credit Score and More at Your Fingertips How To Monitor Your Credit How To Freeze Your Credit With Experian, Equifax and TransUnion Clark.com resources Episode transcripts 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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0:00.0

I'm so glad to welcome you to the Clark Howard Show, our mission to serve you and empower

0:10.9

you to make better financial decisions in your life.

0:15.8

I'm going to start today with a big warning for you about how your cell phone could be

0:21.8

eating up your wallet in a different way than I just talked about recently with your monthly

0:26.7

cell phone bill.

0:27.7

Nope, something else eating up your wallet and it doesn't matter if you're iPhone or Android.

0:36.8

Although my son says, Dad, you're the only person I know who uses an Android.

0:43.1

Really?

0:44.1

Okay, also, something I have been worried about is happening.

0:49.4

New stat show that Americans are raiding the equity in their home.

0:57.6

I can't even tell you how nervous this makes me.

1:00.5

I'm going to tell you why and when you should actually tap the equity in your home.

1:08.8

And I hope that you enjoyed this podcast.

1:11.2

Leave a review wherever you listen or watch.

1:15.4

And be sure to subscribe or follow so that you don't ever miss an episode.

1:22.6

So Apple has long engaged in a practice that is under legal assault in various countries

1:33.0

of the world.

1:34.7

And Google thought, Hey, it's working really well for them.

1:37.8

We're going to do it too.

1:40.1

So you download an app to your phone and then it's one that you have to subscribe to

1:46.2

a service.

1:48.0

Do you know this is unbelievable?

...

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