05.09.23 Parents Funding Adult Kids / International Travel: Purchasing Protocol

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 9 May 2023

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s complicated when kids leave the nest these days. How long should young adults receive support from their parents? Almost half of parents are supporting at least 1 adult child and the average amount given monthly is surprisingly high. Follow Clark’s plan to help kids launch into independence as adults. Also today - International travelers! There’s a global gotcha when paying for anything overseas. Know this important rule about how you pay when you are abroad Parents Funding Adult Kids: Segment 1 Ask Clark: Segment 2 Purchases Abroad: Segment 3 Ask Clark: Segment 4 Mentioned on the show How long should you support your adult children? Parents — and their kids — weigh in When Different Generations Think Kids Should Start Paying Their Own Bills Mint Review: 5 Things To Know About the Free Budgeting Tool Best Budgeting Apps in 2023: Our Top 6 Is Apple Card Worth It? 5 Things To Know in 2023 How To Dispute a Charge on Your Credit Card Are You Following Clark's Maximum Auto Loan Length Rule? Travelling abroad? Don't be tempted to pay your way using your home currency — The Conversation Clark.com: Best Credit Cards With No Foreign Transaction Fees in 2023 Best Travel Credit Cards: Top Rewards Picks for 2023 Revolut - International money transfers Too Good To Go: Save Food - Help The Planet 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	This podcast is brought to you by Progressive.
0:02.4	Are you driving your car or doing laundry right now?
0:05.4	Podcasts go best when they're bundled with another activity,
0:08.4	like Progressive Home and Auto Policies.
0:10.5	They're best when bundled too.
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0:15.4	and could help you save.
0:16.9	Customers who save by switching their home and car insurance
0:19.4	to Progressive save nearly $800 on average.
0:22.6	Quote a home and car bundled today at Progressive.com.
0:25.9	Progressive casualty insurance company and affiliates.
0:28.7	National average 12 month savings of $793
0:31.7	by new customers surveyed who save with Progressive
0:34.2	between June 2021 and May 2022.
0:37.3	Potential savings will vary.
0:38.9	I'm so glad you've joined us here on the car powered show
0:47.5	where our mission is to serve you and empower you
0:50.9	to make better financial decisions in your life.
0:55.0	One decision I hope you've made is to subscribe
0:58.0	to one of our free newsletters free.
1:01.9	You can do so at Clark.com slash newsletters.
1:06.4	In this episode, I'm starting out with a tricky topic.
	...

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