Description
Welcome to a SPECIAL EDITION of the Clark Howard Show, where our mission is to serve and empower you to make better financial decisions in your life. Today, Clark hits on a few key basic strategies to have more money in your life: They are:
- SPEND LESS: Need vs. Wants and how to tell the difference
- Clark’s strategy to start saving TODAY for retirement - regardless of your age
- SAVE MORE on transportation
- AVOID GETTING RIPPED OFF by protecting your identity and credit
Segment 1: Behavioral - Back to basics on needs vs. wants
Segment 2; Start saving today for retirement
Begin with 1%, or up to an employer match if possible and available
When you get a raise, pretend you didn’t and increase your contribution
Segment 3: Only buy a car you can afford
If you have to take a loan, 42 months maximum
Compare loans
Consider buying used
Segment 4: Protect your identity
Don’t ever carry checks or your Social Security card
Your credit is the key to your identity -Freeze your credit!
Don’t use a debit card
Use virtual card numbers online
Mentioned on the show:
Six Essential Questions to Ask Yourself Before Making a Major Purchase
Advice | Fear of missing out can keep you broke. Fight the spending temptation.
Why are sales so hard to resist? It's your brain, on discounts
How To Save Money: Spend Less & Build Your Savings / Save Money Archives
How To Save and Invest the Clark Howard Way
Avoid the #1 Mistake That Car Buyers Make
Clark.com - Buying A Used Car / How To Buy A Vehicle
Should I Ever Buy Extras Car Dealerships Sell in Their F&I Departments?
How To Prevent, Report and Repair Identity Theft
Do Not Give Your Social Security Number at These Places
7 Items You Should Never Carry in Your Wallet
Why You Should Never Mail a Check
How to Freeze Your Credit With Experian, Equifax and TransUnion
Why You Should Never Use a Debit Card To Pay for Anything
The Safer Way To Use Your Debit Card
Virtual Credit Cards: An Online Security Measure Worth Taking?
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
Friday - Clark Stinks day! Christa shares Clark Stinks posts with Clark. Submit yours at Clark.com/ClarkStinks. Also today, If you love cruising, good news. An old way to get really cheap cruise prices at the last minute is making a comeback.
Clark Stinks: Segments 1 & 2
Cruise Deals:...
Published 04/26/24
Right now in the U.S. we have record credit card debt, a huge stressor on so many. To add insult to injury, supposed credit repair companies make things worse for those struggling to get back on their feet. What you need to know. Also, Clark translates the scare stories out now about the stock...
Published 04/25/24