11.15.22 FIDUCIARY OR BUST / Automation Meets The Labor Shortage

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 15 November 2022

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

The importance of choosing a financial adviser wisely can not be emphasized enough, and Clark has even more proof. Learn what to avoid, and when & how to hire a real financial planner. Also, the ongoing labor shortage is leading to adaptive innovations by American companies. Clark discusses manufacturing and automation as businesses adjust to labor force conditions - and what these changes will look like for consumers. Financial Advisers: Segment 1 Ask Clark: Segment 2 Labor Shortage Adaptations: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Choice of Financial Adviser Can Dramatically Affect Retirement Savings What Is a Fiduciary Financial Advisor and Do I Need One? Will the Real Financial Planners Please Stand Up? Clark.com - STREAMING TV Meet the Army of Robots Coming to Fill In for Scarce Workers - The Wall Street Journal. How to Deal With Medical Debt Turo: 5 Things To Know About the Cheap Car Rental Service 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	This podcast is brought to you by Progressive.
0:03.2	Are you thinking more about how to tighten up your budget these days?
0:06.9	Drivers who save by switching to Progressive save over $700 on average
0:11.7	and customers can qualify for an average of six discounts when they sign up.
0:16.4	A little off your rate each month goes a long way.
0:19.9	Get a quote today at Progressive.com
0:22.6	Progressive casualty insurance company and affiliates.
0:25.7	National annual average insurance savings by new customers surveyed
0:29.1	who save with Progressive between June 2020 and May 2021.
0:34.0	Potential savings will vary.
0:36.0	Discounts vary and are not available in all states and situations.
0:44.2	It's my pleasure to welcome you to the Clark Howard Show
0:47.3	where our mission is to serve you and empower you to make better financial decisions
0:52.1	in your life.
0:53.7	In today's episode, you've heard me talk about the importance
0:57.5	if you're going to hire a financial advisor who you hire.
1:01.8	Well, there's evidence all the time, including some I'll share with you now.
1:06.6	How important it is to know who you're hiring and more important.
1:11.4	Why you're hiring that person or firm.
1:14.8	And later, labor shortage in the United States.
1:19.2	That is an ongoing theme.
1:21.6	Actually, it's not just in the United States
	...

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