05.29.24 Update: Big Bank Savings Rates / Small Business Loan Warning

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.6 • 5.2K Ratings

🗓️ 29 May 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Clark discusses the big bank response to higher savings rates and spells out your options to make the most of your savings. Also today - small business owners are stuck between a rock and a hard place when it comes to borrowing money. Beware “quick” loans. Clark has a better way. Maximize Your Savings Rate: Segment 1 Ask Clark: Segment 2 Legal Loan Sharks Plague Small Business: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Banks pay savers more as ‘higher-for-longer’ rates hit interest income Clark.com - Best High-Yield Online Savings Accounts Montway Auto Transport: Top-Rated Auto Transport Company uShip Review: 5 Things To Know Before You Use the Shipping Service Facebook Marketplace Scams: Everything You Need to Know Small businesses are still struggling to get financing, a year after bank failures Best Small Business Credit Cards: Top Picks for 2024 (Clark.com) Best Cash Back Credit Cards With No Annual Fee in 2024 Best 2% Cash Back Credit Cards: 8 Options in 2024 Warning: Why You Should Never Buy Visa Gift Cards Amazon “Prime Visa” Card Review: 5% Back for Amazon Prime Members How To Get the Best Price Possible Shopping Online Clark Deals - Today's Best Deals of the Day How To Spot a Fake Online Store in 6 Easy Steps 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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0:49.4	dot code ek slash special offer or lower case. That shopify dot code ek slash special offer or lower case that shopify dot co-de-ek slash special offer
0:57.0	it's my pleasure to welcome you here to the Clark Howard Show. Our mission is to serve
1:06.2	you with advice and information that empowers you so you make better financial decisions in your
1:12.4	life. So the Giant Monster Megas have decided, oh, people
1:20.4	are leaving us, so we're going to offer them more interest.
1:24.5	Is it worth it?
1:27.0	I'm going to give you some updated info on your money.
1:31.2	Later, speaking of money, small business owners are having a hard, hard time borrowing money.
	...

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