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The Clark Howard Podcast

9.10.18 Debit card fraud; Non competes suppress salaries; Cost of car ownership

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 10 September 2018

⏱️ 35 minutes

🧾️ Download transcript

Summary

Debit card fraud can cost you as the consumer dearly; Non-compete salaries are awful for our country and suppress employee salaries; The real cost of car ownership is far more than you think it is. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm glad you're here with us on the Clark Howard Show where it's about you and that

0:10.0

quality yours.

0:11.0

I want you to learn ideas to me so you can keep more of what you made.

0:16.0

Coming up in just a few minutes, today's Clark Rage is about this.

0:21.2

Why, if the economy is so intensely strong, why are people's wages overall not even

0:28.5

keeping up with inflation?

0:30.1

I'll give you one theory why we are still not getting ahead.

0:37.0

And later yet, you know that vehicle may be having your driveway, you're getting tired

0:43.3

of, I'm going to give you new ammunition to keep driving what you already have and

0:50.6

not get that new shiny thing.

0:55.5

I for years have referred to the debit card is the piece of trash fake fees or fake master

1:04.4

card.

1:06.2

They are so dangerous to your wallet.

1:11.6

And I've said that over the years, even though I'll have people say, wait, wait, I talked

1:18.0

to the people at my bank, they said that you were wrong, card that the debit card is

1:25.8

just the same as a credit card.

1:29.7

It's not.

1:31.2

And the people of the bank that tell you that may just be misinformed.

1:37.1

Let's go with that.

1:39.8

The reason that I trash, the piece of trash fake visa and fake master card so much is the

1:46.8

cynical banks use their extreme lobbying power in the Congress to prevent having consumer

1:56.7

protections on debit cards like a credit card.

...

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