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11.16.21 “Skimpflation” is Upon Us / Industry Disruption: Root and Lemonade are Changing Auto Insurance.

The Clark Howard Podcast

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Is Updating Your Income a Good Idea?

Businesses that get this right will come out on the other side even healthier than their survival of the pandemic. Those that just allow their service standards to slip permanently will suffer ongoing decline. Never lie on one of those screens asking you to up date your income. If your income has risen, share it with em. Let em know. Because they're tracking your credit your a score. They're buying it every 30 days. But the unknown is nobody really knows who's making less money than they used to or who's making similar to money to what they used to. And it's another dislocation that we've got to work our way through in the economy.

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