08.25.22 The Best Rates On Savings / Pros & Cons: Worker Productivity Scores

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 25 August 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The big banks persist in paying no real interest on savings. Meanwhile Clark just got 3.3% on a CD from his credit union. Several money market & online savings accounts are paying over 2%. Don’t let inertia be your enemy. Move that money. Also - what destroyed Sprint is a big lesson for companies tracking and ranking their employees. Workers should know - across industries and with the rise of remote work, comes increased use by companies of the “productivity score”. Savings Rates: Segment 1 Ask Clark: Segment 2 Worker Productivity Scores: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Schwab Purchased Money Funds 5 Things To Know About Series I Savings Bonds 7 of the Best High-Yield Online Savings Accounts in 2022 Equifax Sent Lenders Inaccurate Credit Scores on Millions of Consumers - Wall Street Journal. Who owns your credit score? Not you Credit Karma Review: Free Credit Score and More at Your Fingertips Fidelity Investments Review 2022: Pros & Cons How to Start Investing and Saving for Retirement 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

Click on a timestamp to play from that location

0:00.0	It's my pleasure to welcome you to the Clark Howard Show, our emissions to serve you and
0:09.7	empower you.
0:11.1	She make better financial decisions in your life.
0:14.6	One way we serve you is one on one through our Team Clark Consumer Action Center for roughly
0:21.6	30 years now.
0:23.7	We have been available for free to answer your questions, concerns, complaints.
0:29.9	Provide info to you in guidance.
0:32.4	One on one for nothing.
0:34.4	It's really important to me that you have some place you can turn to that you can trust.
0:41.5	And that's why we do it.
0:43.5	And so it's made up of employees and volunteers, Team Clark.
0:49.2	And so you can talk with one of our team members from 10 in the morning till 4 in the afternoon.
0:55.2	Those are Eastern time zone times.
0:58.2	And the number to call is 63649 Clark.
1:04.1	So I recently talked about how what you can earn on savings accounts, money market funds,
1:12.9	CDs, talked about the series I Savings Bond since the spring.
1:18.0	How now you can actually earn money on your money again.
1:21.2	But what's really funny was I read an item bashing the big banks and no I didn't write
1:27.2	it.
1:28.2	I just enjoyed it about how the big banks find that it doesn't matter if they pay people
1:34.9	no interest that so many people are so tied into the giant banks, they'll just give them
1:40.9	the money anyway and earn nothing on it.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Clark Howard, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Clark Howard and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.