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Have you heard the story about the man who skipped work for six years and was paid throughout? Find out more later in this email. |
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💵 Today’s Top Stories |
| | Side hustles let you earn extra money with little to no commitment and plenty of flexibility. Here are some of the best, including several that Team Clark has tried. Read more. |
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| | New CDs usually offer better interest rates than savings accounts. But there are some drawbacks. Here’s everything you need to know before depositing your money. Read more. |
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| | Car prices have moderated even as interest rates on loans have gone up. Before you rush into a new auto loan, learn the max term length Clark says you should accept. Read more. |
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| | Want to save money on your cell phone bill? Team Clark reveals the discount providers that operate on AT&T’s network for as little as $8.33 per month. Read more. |
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📣 Today’s Top News |
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🧍♂️ Spanish Man Skips Work For Six Years Before Getting Caught |
In the iconic movie “Office Space,” Peter, the main character, decides he hates his job. |
Instead of quitting, however, he declares he’s just not going to go anymore. (Perhaps quiet quitting isn’t so new.) |
When Jennifer Anniston’s character wonders whether his company will fire him, he responds: “I don’t know but I really don’t like it and I’m not going to go.” |
A quarter-century after that movie, a real-life Peter successfully pulled off that ruse for six years. |
Joaquin Garcia from Spain worked as a building supervisor for a water treatment plant for decades. The 69-year-old stopped showing up for work but kept getting paid for six years without detection thanks to “the bureaucratic structure of local government where there was a miscommunication between two departments.” |
His annual salary? The equivalent of about $47,500 in U.S. dollars. He got ordered to pay a fine equivalent to about $35,000 U.S. dollars. Garcia only got caught after getting nominated for an award for 20 years of service. |
The deputy mayor was quoted as saying, “I called him up and asked him, ‘What did you do yesterday? The month before, the month before that?’ He didn’t know what to say.” |
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💸 Today’s Top Savings Rates |
Check out our updated list of Clark.com-approved high-yield savings accounts with the highest rates. Here are the top five APYs on our list as of July 31, 2024. |
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See All Rates | High Yield Savings Accounts Calculator |
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📊 Stat of the Day |
👩 46.7%: The share of angel investors that are women as of 2023 according to the University of New Hampshire’s Center for Venture Research. That’s up from 33.6% in 2021. Women founders also represent 46.3% of companies seeking angel investments – up from 28.6% in 2021. |
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💰️ Deal Alert: Today’s Top Deals |
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🎙️ Podcast |
 | Full Show: What To Do BEFORE Your CD Expires and New Amazon Discount Section |
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Clark is predicting that savers may soon start running into hard times when it comes to earning interest on their money. If you want to earn the most on your cash, Clark explains the best place to open a Certificate of Deposit (CD), how long you should consider putting your money in one and what you should never, ever, not ever do with a CD. Also, Amazon is feeling the heat from Temu and Shein. There’s a new discount section coming soon that may deliver great deals to our wallets! |
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☎️ Need Money Help? |
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information. |
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