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The Clark Howard Podcast

09.17.24 Back To Basics: SAVE MORE / A New Wave Of Ponzi Schemes

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 17 September 2024

⏱️ 33 minutes

🧾️ Download transcript

Summary

Today - we are going back to basics on saving. Recent stats are cause for concern about consumer spending and our average saving rate. Also, there’s a surge in Ponzi schemes stealing hundreds of millions from would-be investors. Clark relates real accounts of recent schemes and the red flags to look out for.   Saving-First And Automatically: Segment 1 Ask Clark: Segment 2 Ponzi Schemes: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Americans’ Savings Rate Plummets Amid Summer Spending How To Save Money: Spend Less & Build Your Savings Using Cellular Data Internationally: Buying a Local SIM Card Roamless: Global eSIM for Travel Internet, eSIM App Google Fi Review: My Experience as a Five-Year Customer (Pros and Cons) https://duckduckgo.com/ Thinking about rooftop solar? 4 things to consider and how to protect yourself How Solar-Friendly Is Your State? We Scored Them All Best Travel Credit Cards: Top Rewards Picks for 2024 When Interest Rates Go Down, the Hucksters Spring Up - The Wall Street Journal. Brothers, SEC reach a deal in alleged scheme Brothers accused of operating $61M Ponzi scheme Receiver searching for assets in alleged Ponzi scheme $300M Ponzi Scheme Prompts Freezing Of Assets For ATL Businessman: SEC FTC and Florida Act to Stop ‘Trucking Automation’ Scam RivX That Took Millions of Dollars From Consumers 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

What's 2FA security on Krakan?

0:04.0

Let's say I'm captaining my football team and we're up by a goal against, I don't know,

0:07.6

rover and rovers.

0:09.0

Do we relax?

0:10.0

No way.

0:11.4

Time to create an extra line of defense and protect that lead.

0:14.9

That's like 2FA on Krakan, a sure-fire way to keep what you already have safe and sound.

0:19.8

Go to Krakan.com and see what crypto can be.

0:23.0

Don't invest unless you're prepared to lose all the money you invest.

0:25.6

This is a high-risk investment and you should not expect to be protected if something goes wrong.

0:28.8

This episode is brought to you by Shopify.

0:33.0

Looking to start a side hustle or become your own boss.

0:36.0

Do it with Shopify.

0:38.0

Whether you're selling succulents or stilettoes,

0:40.0

Shopify has the industry leading tools to help you create, control and grow your own business.

0:44.8

So get serious about selling and get Shopify today.

0:47.7

Sign up for a one pound per month trial period at shopify.coidek slash special offer, all lowercase. That Shopify. Dotk. K. slash special offer.

0:53.0

All lower case.

0:54.0

That's Shopify.

0:55.0

co-de-e-K slash special offer. It's my pleasure to welcome you here to the Clark Howard Show.

1:05.6

You know, our mission is to serve you with advice and information that empowers you

1:11.7

so you make better financial decisions in your life.

...

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