07.30.24 UPDATE: Savings Rates & CD Strategies / Amazon’s Discount Initiative

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.6 • 5.2K Ratings

🗓️ 30 July 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Inflation has curved downward affecting interest rates, presenting challenges for savers. There are great differences between financial institutions regarding savings rates. Clark discusses how to get the best rates on CDs and savings accounts, and why you NEVER allow a CD to auto-renew. Also, Amazon is feeling the heat from Temu and Shein, and they are answering with a new competitive site. Saving Rates Update: Segment 1 Ask Clark: Segment 2 Amazon’s New Discount Store: Segment 3 Ask Clark: Segment 4 Mentioned on the show: 16 of the Best High-Yield Online Savings Accounts in July 2024 Best Online Banks: Free Checking and High-Interest Savings Accounts Why Big Banks Are a Bad Place for Your Cash What To Do BEFORE Your CD Expires What Is a 403(b) and How Does It Work? How a 457 Plan Works After Retirement - Investopedia What Are Index Funds? Longevity Insurance: What Is It and Do You Need It? Amazon set to take on Temu and Shein with new discount section How Higher Income Can Affect Medicare Premiums 7 Things To Know Before You Use Zelle How To Spot and Avoid Gift Card Scams 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	If just thinking about your bills makes you feel confused and disorientated,
0:05.0	like your head is full of raspberry,
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0:18.0	UK Residents, Tease and C supply.
0:21.0	This episode is brought to you by Shopify. Looking to start a side
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0:28.2	succulents or stilettoes, Shopify has the industry leading tools to help you
0:32.3	create, control and grow your own business.
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0:37.6	Sign up for a one pound per month trial period at shopify.coly.
0:41.6	slash special offer or lower case. That shopify. dot co-deek. Or lower case.
0:44.0	That Shopify.
0:45.0	dot co-de-e-K slash special offer.
0:47.0	It's my pleasure to welcome you here at the Clark Howard Show.
0:55.3	You know, our mission is to serve you with advice information and
0:58.9	empowers you to make better financial decisions in your life.
1:04.0	One way we empower you is with access to one-on-one advice.
1:10.0	It's free.
1:11.0	Something we've been doing since 1993,
1:15.1	so you can talk with a member of our team
	...

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