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The Clark Howard Podcast

09.04.24 Here’s To The Underconsumption Trend / Cheaper Gasoline

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 4 September 2024

⏱️ 33 minutes

🧾️ Download transcript

Summary

At least one third of Americans are worried about not being able to pay their bills. Clark has long been concerned about influencers convincing followers to spend money on products they’re endorsing. Now there’s a new trend on social media from a new wave of influencers, and it’s great. Also, there’s good news on gas prices. Spending Less Is Trending: Segment 1 Ask Clark: Segment 2 Gas Prices: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Tired of Influencers, TikTok Users Try ‘Underconsumption Core’ to Cut Costs 39% of Americans worry they can’t pay the bills Rein in your retail spending with these tips How To Open a Roth IRA Target Date Funds: Clark's Favorite Retirement Investment Certificate of Deposit (CD): What Is It, Best Places To Open One Air Travel Complaints | US Department of Transportation DOT - File a Consumer Complaint Cheap Flights, Airline Tickets & Airfare Alerts | Going Warning: Be Suspicious of Fraud Alerts on Your Financial Accounts Bluebird American Express Card Review 2024 What's the Best Savings Account for a Teenager? Best Prepaid Cards: Top Debit Card Alternatives The Silver Lining of a Slowing Economy: Cheaper Gas - The WSJ How To Find Phone Plans That Offer Lifeline Discounts AT&T, AST SpaceMobile Announce Commercial Agreement The Best Telecom Services for Landlines Elliott Report: Home 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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0:16.0

It's great to have you here on the Clark Howard Show. You know our mission is to serve you with advice and information that empowers you to make better financial decisions in your life. And I hope you're enjoying our free newsletters.

0:20.0

What?

0:21.0

You don't know about our free newsletters? They're the greatest thing ever.

0:26.9

Not just because they're free. They're priceless.

0:29.9

We have the Clark newsletter.

0:32.4

We have the Clark newsletter, the Clark Deals newsletter. The whole idea is to help you get your

0:36.4

wallet in ship shape. So you want to know more? Go to Clark.com slash newsletters. Today, I want to talk about something that has

0:48.9

been a beef of mine for a long time. It's influencers on social media who convince people to spend money

0:58.6

maybe you don't have to get you to buy something that might not be really that great, buy something you end up not really using.

1:07.0

The good news on that is that manufacturers, sellers,

1:12.8

sellers, ad agencies are not as jazzed

1:16.2

about influencers as they were.

1:19.4

Influencers, it seems that people who frequent social media are not falling as much for the stuff

1:27.3

that influencers are pushing.

1:29.0

But it's still an area that gets you to buy things and spend money you maybe can't afford.

1:36.2

But I want to tell you about a new trend on social media from a new wave of influencers that I think is absolutely great.

1:46.2

And speaking of great news, coming up

1:49.7

in the second half of the podcast,

1:52.4

I want to talk about good news on gas prices and how it's

1:57.8

going to really benefit your wallet almost like when gas prices fall it's almost like a tax cut more money staying in

2:05.4

your pocket so a third of Americans right now a third are worried that they can't pay their bills.

2:15.0

That's awful. That's terrible.

...

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