The Clark Howard Podcast 01.22.25 A Warning About Shopping Online / The Risks Of Public Internet
Jan 22, 2025
The podcast dives into the growing issue of consumerism and online shopping addiction, offering simple strategies to help listeners avoid overspending. It emphasizes the importance of unsubscribing from enticing retail communications to foster better financial habits. Additionally, the host warns about the dangers of public Wi-Fi, suggesting alternatives like personal hotspots for secure online activities. The discussion also touches on managing retirement accounts and the essential role of reviewing financial statements to spot fraud quickly.
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Consumer Spending and the Internet
- Consumer spending is 70% of the U.S. economy, a historically high percentage.
- The internet fuels shopping addiction through constant deals and offers.
Unsubscribe From Retail
- Unsubscribe from retail email lists to reduce impulsive purchases.
- Delete retail text messages if overspending is a concern.
Avoid Public Wi-Fi
- Avoid public Wi-Fi due to security risks; use your phone's hotspot instead.
- Public Wi-Fi exposes your data to prying eyes and potential thieves.