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The Clark Howard Podcast

05.05.22 Better Savings Rates - Zero Risk / BEST Baby Formulas

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 5 May 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

In addition to Series I Savings Bonds - Clark explains a Treasury Direct program as another risk free way to earn more on your idle cash. And - What every parent of young children should know: A new study out reveals the best baby formulas for both quality and price,  Better Savings Rates - Zero Risk: Segment 1 Ask Clark: Segment 2 BEST Baby Formulas: Segment 3 Ask Clark: Segment 4   Mentioned on the show: Buy U.S. Treasury Bonds: A Conservative Way To Beat Your Savings Account TreasuryDirect - Home / SavingsBonds.gov How To Prevent, Report and Repair Identity Theft How to Freeze Your Credit With Experian, Equifax and TransUnion Turo: 5 Things To Know About the Cheap Car Rental Service These Credit Cards Offer Car Rental Insurance Benefits Mortgages Archives - Clark Howard Fidelity Rewards Credit Card Review: Invest with 2% Cash Back Best Cash Back Credit Cards: Top Picks for 2022 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

Bring the bar home with you this holiday season with the new Tails cocktails, an exclusive

0:05.9

range of ready-to-serve cocktails, with all the flavor and complexity of handmade cocktails.

0:10.9

Yet none of the work!

0:12.5

Crafted with the highest quality top shelf spirit.

0:15.4

For Cardi Rum, 42 Below Vodka, Bombay Sapphire Gin and Jewers Blended Scotch Whiskey.

0:21.2

Tails cocktails offers bar quality cocktails, simply served.

0:25.0

It's our ice, shake shake, pour, and enjoy your Tails cocktail!

0:55.0

Money saving and money making tips you can trust delivered straight into your email inbox.

1:04.6

I get questioned constantly about what do I do with my savings.

1:10.0

I mean, we're earning like nothing on our savings.

1:14.0

So I've talked before about the remarkable opportunity for now offered by Series I

1:21.8

Saving Spons.

1:23.6

They allow you to electronically set up an account and put money into an account that

1:30.3

you have to have for a minimum of a year.

1:34.5

Typically you want to have them for five years, but you can keep your Series I Saving Spons

1:41.0

for up to 30 years.

1:43.2

And what you get is you get the rate of inflation, which for years has been pretty much lame,

1:49.8

and now that we're in this time period of ugly inflation, what you can earn on a Series

1:55.3

I Saving Spons is phenomenal.

1:58.0

Reset every six months.

2:00.7

And as long as we are in an inflationary cycle, you're in a great position because you're

2:07.0

earning so much more than you can in a savings account or CD at any bank or credit union.

...

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