10.25.22 When Giant Supermarkets Merge / Winter Heating Costs

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 25 October 2022

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hear Clark’s unique perspective on the proposed Kroger-Albertsons merger, as he takes a wider view of the marketplace and your money saving strategies and options. Also, because of Russia's invasion of Ukraine, the cost of heating will go up about 25% this winter depending on temperature severity. Clark offers specific advice, particularly if you live in the Mid-Atlantic or New England. Supermarket Strategy: Segment 1 Ask Clark: Segment 2 Winter Heating: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Kroger to Buy Albertsons in $24.6 Billion Deal That Would Create New Grocery Giant Should You Invest in a Rental Home? Here's Clark's 1% Rule Best 529 College Savings Plans By State How To Open a Roth IRA WSJ.com: Higher Heating Bills Poised to Hit U.S. Households This Winter 7 Easy Ways To Lower Your Heating Bill 10 Ways To Keep Warm Without Spending Any Money 3 Things To Consider Before You Get Solar Panels 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 our mission is to serve
0:09.6	you and empower you to make better financial decisions in your life.
0:15.6	You may have heard the news going on over the last couple of weeks about Kroger and Albert
0:22.0	Sons wanting to get married.
0:25.3	And I want to know, should you care?
0:28.6	You shop with either these supermarkets.
0:31.2	If you live in a market which most everybody does, that Kroger, Albert Sons is in, how's
0:37.3	it going to affect what you pay for groceries?
0:41.3	Also talked about how you're going to pay more for heating costs this winter.
0:46.9	But things have escalated and I have a specific advice for you.
0:50.7	Particularly if you live in the Mid-Atlantic or New England, there are some concerns that
0:56.1	I have.
0:57.1	I want to make sure you're aware of.
0:59.3	I also want to mention that this is the week that is your last chance to buy Series I
1:06.8	Savings Bonds at the very high 9.62% interest rate that you'd earn for the next six months.
1:15.2	If you've heard me talk about it for the last year about the Series I Savings Bonds and
1:20.4	you just never got around to it, this is it.
1:23.3	The procrastination does not pay, get it done, go to SavingsBonds.gov to get this done
1:29.6	after this week.
1:31.3	The rate's going to drop to about 6.5% for the following six months, which is still much
1:37.1	better than you can earn anywhere else on your savings.
1:40.8	Kroger and Albert Sons getting married.
	...

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