The Clark Howard Podcast 01.17.25 Clark Answers His Critics on Clark Stinks / Maximize Your Savings
Jan 17, 2025
Listeners dive into constructive feedback on financial advice, sparking valuable discussions. A significant lawsuit against a major financial firm reveals lessons for saving and investing. The complexities of retirement savings are unraveled, with insights on extended warranties and credit challenges. Consumer complaints about low savings interest rates are addressed, along with tools to manage credit effectively. The episode wraps up with guidance on fixing mortgage reporting inaccuracies, ensuring listeners are better equipped for their financial journeys.
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Retirement System Dysfunction
- The current US retirement system is too complex, causing many to lose track of their savings.
- A simplified system with portable accounts is needed.
Bidet Recommendation
- Consider using a bidet to reduce toilet paper usage and improve hygiene.
- Costco offers bidet attachments and high-end bidet toilets.
Extended Warranty Warning
- Avoid extended warranties on consumer purchases; they are rarely worth the cost.
- Self-insure by saving the money you would have spent on the warranty.