08.05.22 Clark Answers His Critics on Clark Stinks / SAVERS: Stash Your Cash Wisely

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 5 August 2022

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Friday - Clark Stinks day! Christa shares Clark Stinks posts with Clark. Submit yours at Clark.com/ClarkStinks. Also - Word to savers - beware chasing that rate! Trying to make more on savings is leading people to make dangerous choices from financial apps and pseudo banks making unfounded promises of no risk strategies for high returns & FDIC security. What you need to know to safely stash your cash. Clark Stinks: Segments 1 & 2 Stash Your Cash Wisely: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Online Banking Archives - Clark Howard T-Mobile Money: 5 Things To Know Buy Nothing Project Life Insurance Archives - Clark Howard Consumer Cellular Review: 5 Things To Know Before You Sign Up Mullen: Shaping the Road Ahead in Electric Automobiles Google Fi Review: Things To Know Before You Sign Up The Best International Phone Plans What Is a 403(b) and How Does It Work? Fidelity Investments Review 2022: Pros & Cons Best 529 College Savings Plans By State How To Open a Roth IRA Clark.com resources Episode transcripts 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	It's my pleasure to welcome you to the Clark Howard Show.
0:07.9	Our mission is to serve you and empower you to make better financial decisions in your
0:14.0	life.
0:15.0	And we're going to start out this episode with our weekly Clark Stink segment.
0:21.7	And I'm going to explain more if that isn't a second.
0:24.7	And you know what doesn't stink?
0:26.7	So it doesn't give a bad odor.
0:31.1	You can sign up at Clark.com and ClarkDeals.com.
0:35.0	You know what the subscription cost?
0:37.0	It's free to both.
0:38.3	But you failed to subscribe.
0:40.4	Oh, it's very costly.
0:42.2	You're going to waste a lot of money in your life.
0:46.5	Also in today's episode, you're trying to squeeze more out of the money you save.
0:53.5	And it's hard to come anywhere near, eclipsing the inflation rate.
0:59.0	So that's leading people to make dangerous choices with their savings without even realizing
1:04.6	it.
1:05.6	I'm going to make sure you know what you need to do is you're trying to stash your cash.
1:11.9	Hopefully you have.
1:13.5	So Clark Stinks.
1:15.6	It's where you have a chance to give me feedback where the advice I've given is incomplete,
1:23.1	but I think it's a shame or in your opinion, dumb.
	...

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