4.6 • 4.9K Ratings
🗓️ 18 July 2023
⏱️ 26 minutes
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0:00.0 | It's my pleasure to welcome you to the Clark Howard Show, where our mission is to serve |
0:10.0 | you and empower you so you make better financial decisions in your life. |
0:15.4 | One thing you're able to afford is travel, whether it's near or far. |
0:21.6 | The second wave of summer bookings is upon us, and I'm going to give you an update on |
0:28.0 | what you should be looking for, what you should expect. |
0:31.4 | Also, this episode, something that's not fun to talk about at all, the possibility of us |
0:39.6 | having a recession. |
0:41.7 | I want to tell you though, this is not a grim kind of scenario I'm going to paint. |
0:47.2 | I want to tell you what you need to know if the economy does slow. |
0:53.5 | Well, was that a Dr. Su's book just rhyming like that? |
0:58.5 | So there are some signs that the economy is slowing and some discretionary spending is being |
1:06.3 | throttled back. |
1:08.0 | So far, it is hit or miss reports, but I'm noticing that things like hotels for later this year, |
1:18.6 | including later this summer, the prices are dropping. |
1:23.5 | Airfare always drops for travel after the 15th of August, for trips after the 15th of August. |
1:31.9 | And if you looked at the cost of travel for earlier in the summer, from Memorial Day, |
1:41.0 | holiday weekend, through about now, gosh, shocking how expensive everything has been. |
1:49.8 | But when you look a month from now and you look mid-August and later and you look at |
1:55.8 | what prices are, they're so much better. |
1:58.9 | I'm seeing the trend and it's you're my friend completely with looking at booking travel. |
2:07.2 | I am completely a Dr. Su's book today. |
2:10.7 | Really? |
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