10.10.22 Electric Vehicle Outlook & E-Bikes / Debt and Mental Health

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 10 October 2022

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

EV’s are in great demand right now, but today buying an electric vehicle doesn’t make financial sense. Clark discusses the industry outlook and your alternatives, until the time is right to buy an EV. Also, DEBT - the price you pay is more than financial. The stress of debt takes a toll on health. Clark talks about the different types of debt and approaches to getting it under control. Electric Vehicle Outlook: Segment 1 Ask Clark: Segment 2 Debt and Mental Health: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Can You Actually Ditch Your Car for an E-Bike? Maybe - The Wall Street Journal. 5 Ways to Create a Cheap Home Gym What Is a Fiduciary Financial Advisor and Do I Need One? Best Investment Companies for Investors in 2022 Betterment vs. Wealthfront: Which Robo-Advisor Is Best for You? Betterment Review: How It Works, Pros & Cons Wealthfront Review: How It Works, Pros & Cons How To Open a Roth IRA Clark.com Ditch Your Debt Facebook group 6 Things To Know Before Contacting the National Foundation for Credit Counseling What Is Long-Term Care Insurance Cost & Coverage Clark.com resources Episode transcripts 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

Transcript

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0:00.0	This podcast is brought to you by Progressive.
0:03.1	What's one thing you'd purchase with a little extra savings?
0:06.3	A weighted blanket, smart speaker, that new self-care trend you keep hearing about?
0:11.6	What progressive wants to make sure you're getting what you want
0:14.2	by helping you save money on car insurance?
0:16.9	Drivers who save by switching to Progressive save over $700 on average
0:21.3	and customers can qualify for an average of six discounts when they sign up.
0:25.8	Discounts like having multiple vehicles on your policy.
0:28.7	Progressive offers outstanding coverage and award-winning claim service.
0:32.6	Day or night they have customer support 24-7, 365 days a year.
0:37.6	When you need the most, they're at their best.
0:40.2	A little off your rate each month goes a long way.
0:43.4	Get a quote today at Progressive.com and see why 4 out of 5 new auto customers
0:47.9	recommend Progressive. Progressive casualty insurance company and affiliates.
0:52.7	National annual average insurance savings by new customers
0:55.6	surveyed who save with Progressive between June 2020 and May 2021.
1:00.8	Potential savings will vary. Discounts vary and are not available in all states and situations.
1:10.7	It's my pleasure to welcome you to the Clark Howard Show.
1:13.7	Our mission is to serve you and empower you to make better financial decisions in your life.
1:20.2	Today, I'm going to begin telling you something you would not expect from me.
1:26.2	It's probably not the right time for you to buy an electric car.
1:32.0	Later, I want to talk about an angle on debt that's so often ignored.
	...

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