07.24.24 CrowdStrike Wake-Up Call / Dealing With Credit Card Debt

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.6 • 5.2K Ratings

🗓️ 24 July 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Semper Paratus! Clark discusses the CrowdStrike outage and what you can do to prepare for any future tech outages. Also - Even as the economy strengthens, financial struggles are real and persistent for many, made worse by today’s high interest rates. Use Clark smart strategies for handling credit card debt. Crowdstrike Lesson: Segment 1 Ask Clark: Segment 2 Credit Card Debt: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Global Microsoft CrowdStrike outage creates issues from Starbucks to schools to hospitals NYTimes: How to Guard Against Scams Tied to the CrowdStrike Crash How a faulty CrowdStrike update crashed computers around the world Massive IT outage spotlights major vulnerabilities in the global information ecosystem Recovering from the global tech outage could be a long, arduous process Largest IT outage in history expected to barely register in the economy Air passenger rights - Your Europe 7 Things To Know About Costco Pharmacy American Borrowers Are on Shakier Ground. These Charts Show Why. WSJ Credit Union vs. Bank: What's the Difference? Clark Howard's 2024 Credit Card Debt Elimination Strategy Credit Score Guide Should I Buy Additional Insurance From a Rental Car Company? Cheapest Way to Rent a Car: Expert Tips 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 Insurance.
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0:31.1	Comparison rates not available in all states or situations. Prices vary based on how you buy.
0:37.0	I'm so glad to welcome you here at the Clark Howard Show. You know our mission is to serve you with advice and information that empowers you so you make better financial decisions in your life.
0:52.0	Today I'm going to begin by talking about the ugliness or the recent crowd strike
0:58.0	outage and who had ever heard of them before this happened?
1:02.0	And what you need to ever heard of them before this happened.
1:03.0	And what you need to know to be prepared for
1:08.4	what's going to happen in the future,
1:10.2	I didn't say might happen in the future what's gonna happen in the future.
1:15.0	Also, the number of Americans that are delinquent on debt is growing by a big amount right now even as the economy has been growing better
1:26.8	than virtually any economy anywhere in the world why are people having a personal train wreck financially while the economy is actually
1:37.5	doing surprisingly well? I'm going to talk about that later.
	...

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