10.20.23 Clark Answers His Critics on Clark Stinks / DON’T Buy Now Pay Later

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 20 October 2023

⏱️ 31 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 today, Clark talks about why Buy Now Pay Later, aka Pay in 4 services, have become a disaster for so many, especially Gen Zers. Clark Stinks: Segments 1 & 2 Pay In 4 Is A Trap: Segment 3 Ask Clark: Segment 4 Mentioned on the show Best Airline Credit Cards for 2023: Are They Right For You? Select Delta Customers Will Receive a Valuable New Credit Card Perk Cruises for Singles and Solo Travelers Investors criticize federal retirement savings program over new system AnnualCreditReport.com / 4 Ways To Get Your Free Credit Score Safely Order High Security Checks Online - Costco Checks Sam's Club Checks - High Security Checks Costco vs. Sam's Club: What Is the Difference? 10 Best New Products at Costco in October NYTimes: Gen Z Is Poised to Spend More on Debt Than Others. It Could Derail Retirement. Buy Now Pay Later users: young and well-off but nearing a financial cliff, poll shows New York Fed: Many Buy Now, Pay Later users are financially fragile Vanguard Personal Advisor Review Elliott Report Member's Mark Luggage at Sam's Club 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	Are you ready for a Monzo Business Bank account?
0:03.3	Heather from the Accountors' Growth Club was?
0:05.3	Knowing what cash I have is really important.
0:08.0	And Monzo Business makes it easy.
0:09.8	It automatically puts 20% of my income into a tax pot.
0:14.0	When it's time to pay your VAT, I always know the money's there.
0:16.8	If you're ready for a Monzo Business account, apply today.
0:19.9	Just search Monzo Business.
0:21.4	Only sole traders or limited company directors in the UK can apply.
0:24.9	Get tax pots with Monzo Business Prove for £5 a month.
0:28.0	Teas and Seas Apply.
0:58.0	Learn more.
0:59.0	Rated Pecky Free.
1:00.0	It's my pleasure to welcome you here to the Clark Howard Show.
1:09.2	Our mission is to serve you with knowledge to your empowered to make better financial decisions
1:14.4	in your life.
1:16.2	So it's time for me, though, to hear how the advice I've given you didn't ring true
1:23.0	was wrong or just plain dumb in your opinion because it's today's Clark Stink segment.
1:30.4	And it's something I really look forward to because it helps me grow as a person.
1:36.5	And later, something else that absolutely stinks, pay in for.
1:42.2	By now, pay later.
1:44.0	Oh, this is blowing people's finances apart, particularly among people in their 20s and
	...

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