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The Clark Howard Podcast

04.25.24 Beware Debt Relief Scams / The Stock Market: Word To Investors

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 25 April 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

Right now in the U.S. we have record credit card debt, a huge stressor on so many.  To add insult to injury, supposed credit repair companies make things worse for those struggling to get back on their feet. What you need to know.  Also, Clark translates the scare stories out now about the stock market and offers direction for investors.    Debt Relief Scams: Segment 1 Ask Clark: Segment 2 Investing & Dollar-Cost Averaging: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Americans’ credit scores are falling. That hasn’t happened in a decade Maxed Out: Inside America's Credit Card Debt Crisis -- and What We Do Next NYTimes: Judge Blocks Debt Settlement Company From Resuming Operations Carrying credit card debt? How to avoid debt relief scams How To Send a ‘Drop Dead’ Letter to a Collection Agency 6 Things To Know Before Contacting the National Foundation for Credit Counseling Clark Howard's 2024 Credit Card Debt Elimination Strategy Is an HSA the Best Way To Save for Future Medical Expenses? Will Social Security Run Out? Should investors keep riding the US markets runaway train? Barrons.com: Worried About Investing in a Frothy Market? Try Dollar-Cost Averaging. Should You Sell or Stay Put in the Stock Market? (Clark.com) Best Investment Companies for Investors in 2024 5 of Clark Howard's Most Extreme Frugal Hacks Thank you for listening today, Clarkies! If you want to be part of our “Clarkie” segment, call 404-981-2071 to leave a comment or story. We may play it during a future episode! 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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0:00.0

Imagine being the first person to ever send a payment over the internet.

0:05.0

New things can be scary and crypto is no different.

0:08.0

It's new, but like the internet, it's also revolutionary.

0:12.0

With Krakin, making your first crypto trade

0:14.4

feels easy with 24-7 support when you need it.

0:18.0

Go to Krakin.com and see what crypto can be.

0:21.1

Don't invest unless you're prepared to lose all the money you invest.

0:23.7

This is a high-risk investment and you should not expect to be protected if something goes wrong.

0:27.0

Must remember, do not forget.

0:36.4

Remind me to bring photo ID.

0:39.5

Reminder, set.

0:41.2

Babe, can you make sure I don't forget my photo ID when I vote?

0:45.0

All right, love.

0:48.0

However you remember, you'll need photo ID to vote on the 2nd of May.

0:52.0

Find out more at Electoral Commission.org photo ID to vote on the 2nd of May.

0:52.9

Find out more at Electoral Commission.org.

0:55.0

UK slash voter ID. Great to have you here on the Clark Howard show. You know our mission is to serve you with

1:08.0

advice and information that empowers you so you can make better financial decisions in your life.

1:15.0

As I've said before, I can only get to a tiny fraction of the questions sent into us.

1:21.9

And that's why we have so many ways for you to get advice and

1:25.2

information starting with Clark.com. We post content every week. Our goal is to give you information that you can act on to improve your life in many different ways.

1:40.0

Whether it's spending less, saving more, or just improving the quality of your life

...

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