It's my pleasure to welcome you to the Clark Howard Show, our mission to serve and empower

you so you make better financial decisions in your life.

In today's episode, I want to warn you about a few apps so many of us use and why you

actually need to pay attention to the privacy settings.

So Memorial Day weekend is straight ahead.

I have some important info for you as you make your travel plans.

So I have talked with both Joy and trepidation about the apps that you can use to send money

to a family member or friend.

Ben Mo cash app and the banks have their competitor called Zell.

And I've talked about how these are very, very convenient way for you to send money to

a family member or friend.

But today in the marketplace, you're asking for trouble with any of these if you pay a

stranger through any of them.

You have no rights if somebody is a con artist who cheats you.

And there are also issues hazards involved with people hacking into your account and stealing

money.

But man, there's a whole nother issue specifically around Venmo.

Venmo's owned by PayPal.

And PayPal has put a feature attached to Venmo.

I don't know why they think this is a feature.

It's a real bad thing with Venmo where they've tried to create almost like a social experience

using Venmo where unless you override it in your privacy settings, any old stranger can

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