The Clark Howard Podcast 11.03.23 Clark Answers His Critics on Clark Stinks / Deals And Scam Alerts For Veterans
Nov 3, 2023
In this episode, the hosts address listener criticisms in Clark Stinks and share upcoming deals for veterans. They discuss limitations and special visa requirements for Americans traveling in Europe. A positive CarMax car buying experience is shared, along with veteran scam alerts. Scams targeting military personnel and veterans are explored, urging caution. A listener shares their bad experience with the PayPal Cashback MasterCard and the trend of card issuers placing holds on credit. They provide tips on avoiding payment issues and touch on level funded health insurance for small businesses.
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Warn Veterans About Paycheck Scams
- Protect veterans from scams by warning them not to sign authorizations that let companies pull money from paychecks.
- Check Clark.com's military guide for verified deals and discounts instead of responding to unsolicited offers.
Bitcoin Is A Speculative Store, Not Money
- Bitcoin may act as an alternative store of value for some, but it is not widely used as money.
- Clark emphasizes crypto is speculative and not a replacement for government-issued currency.
Use A 10% Rule For Collision Coverage
- Consider dropping collision/comprehensive when repair costs exceed about 10% of your car's remaining value.
- Use that threshold to decide whether self-insuring the vehicle is more economical than paying premiums.