8.6.19 Do bigger houses make us happier?; How you get manipulated to buy things online

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.6 • 5.2K Ratings

🗓️ 6 August 2019

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

American debt and delinquency are increasing in a time of low unemployment. The Census Bureau data finds Americans buying homes with double the square footage per occupant compared to 2 generations ago. The average home has 1000 square feet per person. The average U.S. home now is around 2500 square feet - up from 1500 not that long ago. That's more square footage to heat, cool and repair. Housing is the number one cost of living factor that affects your future financial security. When home shopping, put needs first and stick to living on less than what you make. Shopping online reveals a big push to get consumers to click to purchase now. Clothing sellers flash purchase reports of what appear to be real-time buys going on. That can be faked. Priceline uses this tactic as well - pushing you to click to buy now because some person just got some hotel deal. Car rentals sites may tell you there's an urgent shortage of available cars so book now!! Know these manipulations exist to counter the problem of abandoned carts. Online retailers are using mind-games to create urgency and/or excitement. Don't let them fool you. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm so glad you're here with us on the Clark Howard Show where it's about you learning
0:10.0	ways to save more and spend less and don't let anyone ever rip you off.
0:15.7	Clark.com is our main website, cartdeals.com, is where you go to save money each and every
0:21.4	day.
0:22.7	Coming up later, I want to talk to you about how websites manipulate you to get you to
0:28.4	spend money.
0:29.8	You might not have spent otherwise.
0:31.7	I want to teach you their tricks.
0:33.7	I want to talk about something now.
0:38.3	It's going to be a theme you're going to hear from me.
0:41.7	It's that Americans are under financial stress that is kind of surprising right now.
0:48.3	The number of people falling behind on debts is rising and number of people going to
0:54.0	link one on various loans, going up, vehicle repossessions, going up.
0:59.2	Use it a time of extremely low unemployment, very unusual to have this pattern going
1:06.0	on right now.
1:07.8	You will hear an underlying theme from me.
1:11.5	That's ways to think about how you're spending money, the decisions you make involving
1:16.7	money.
1:18.2	One of them I want to address right now is the house you choose to live in.
1:24.5	There's new data from the Census Bureau that finds that Americans are now buying homes
1:32.1	with double the square footage per person living in that home.
1:38.4	They were doing just two generations ago.
	...

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