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The Clark Howard Podcast

08.16.22 Best States to Start a Business / National Scandal: Military Ripoffs

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 16 August 2022

⏱️ 26 minutes

🧾️ Download transcript

Summary

The formation of new businesses is way up. Clark is a lifelong entrepreneur. America has the resources and our greatest wealth is within us. There are actually many conditions now favorable to entrepreneurship. Learn the best & worst states in the U.S. to start a business. AND - Military personnel in a war zone face danger everywhere they turn. Outside their stateside posts, they face financial landmines from rip off lenders, crooked car dealers, investment groups, and merchants (furniture, jewelry) through exploitive financing. They get ripped off like nobody else anywhere. Clark is enlisting your help to get the word out to protect our service members from financial predators. Entrepreneurs: Segment 1 Ask Clark: Segment 2 WARNING: Military Ripoffs: Segment 3 Ask Clark: Segment 4 Mentioned on the show: This list of ‘top states for business in the U.S’ may surprise you What Is an HSA Account and How Does It Work? LIVELY HSA - Health Savings Account | HSA Benefits - Fidelity Investments Military and Veterans Guide: Free resources for getting your finances in order Home | The Thrift Savings Plan (TSP) What's up with travel clubs promising free travel? Timeshares, Vacation Clubs, and Related Scams Equitable to Pay $50M for Misleading Teachers on Annuity Fees What Is a 403(b) and How Does It Work? 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 where I'm

0:08.0

wishing us to serve you and empower you to make better financial decisions in your life.

0:14.0

You know, sometimes something great can come out of a terrible situation.

0:20.0

And I'd say that's true with entrepreneurship, which is such a passion of mine.

0:26.0

So many people right now are starting their own businesses.

0:31.0

And what some people may consider a risky environment, but actually is a great time.

0:37.0

I'm going to tell you why this is so much something you should think about.

0:45.0

And where are the places in America?

0:47.0

We're great to start a business.

0:49.0

We're not so great.

0:51.0

Talk about that later.

0:53.0

I don't love it all.

0:56.0

The exploitation of the brave men and women who serve in our US military to keep us free

1:04.0

and to protect our country.

1:09.0

Over and over again, there are really sleazy, disgusting people and organizations

1:19.0

that rip off our military personnel.

1:23.0

And I want you to have a heads up to make sure particularly those young recruits,

1:29.0

those young soldiers, sailors, Marines, and airmen that they know,

1:36.0

just you don't say airmen anymore, there must be some other term for a listed air force personnel.

1:42.0

That you give them the heads up so they don't get taken.

1:50.0

So let's talk about what I think is such a positive people are opening businesses like crazy now.

2:00.0

And this is awesome.

...

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