8 things you should stop buying, How to handle an inheritance

August 15, 2024 | Read Online

Auto insurance keeps increasing. Find out what Clark says you should do later in this email.

💵 Today’s Top Stories

8 Things You Should Stop Buying This Year

Ditch takeout food and gym memberships this year and your wallet will thank you. Here’s the complete list of money-saving opportunities. Read more.

What To Do With a Lump Sum, Inheritance or Windfall

How do you make the most of the money that you come into? Team Clark is here to help you maximize your windfall based on your current financial situation. Read more.

What Should I Do With My Pets When Traveling

Clark loves to travel and loves his pets. Here’s what he does when he’s away from home as well as other popular options. Read more.

Term Life vs. Whole Life Insurance: Understanding the Difference

You may need life insurance to protect those who depend on you financially. But you may not know which option is right. Check out our comparison chart and Clark’s recommendation. Read more.

🚗 10 Cheapest Auto Insurance Companies

It’s a bird. It’s a plane. No, wait … it’s Superman auto insurance prices!

Rates just keep increasing. A recent report claims the average auto insurance policy costs 26% more than it did last year (+46% in New Jersey).

When we’re getting hammered with premium increases that intense, it’s natural to look for ways to save money on car insurance.

Clark’s favorite is to re-shop your insurance.

It’s not always best to pick the company that offers the lowest price. You want good service if and when you need to submit a claim. But if all else is equal, why not pay less?

To that end, MarketWatch put together an excellent resource on pricing. First, the top 10 cheapest national and regional auto insurers according to its research:

1. USAA: $92/month
2. Central Insurance: $96
3. Travelers: $99
4. Auto-Owners: $100
5. Country Financial: $106
6. Erie Insurance: $106
7. Geico: $109
8. Nationwide: $123
9. Progressive: $133
10. State Farm: $142

The data-rich MarketWatch report allows you to determine the cheapest auto insurer by:

State
Minimum liability
Full coverage
After a speeding ticket
After an accident
After a DUI
With poor credit
Young drivers (16 to 25)
Senior drivers (65 to 75)
Military members

📊 Stat of the Day

🎥 65%: Share of Americans who would prefer to watch a movie at home rather than in a movie theater. That’s according to a National Research Group survey which found that just over 40% of Americans preferred to watch movies from home in 2019.

💰️ Deal Alert: Today’s Top Deals

🎙️ Podcast

YouTube video by Clark Howard: Save More, Spend Less

Full Show: #1 Mistake To Avoid Buying a Used Car and Why Apartment Deals Are Tougher To Find

The #1 call we received in our Consumer Action Center is about used car issues after the purchase. Vehicles are a major financial decision and it’s crucial to take the right steps to protect yourself and your money. Clark explains everything you need to know before you buy your next car. Also, Clark’s advice about finding deals on apartments is starting to shift. Why? The different buildings are working together through a third party service which makes it difficult to negotiate. If you are shopping for a new place to rent, you really need to know this.

Watch the Full Episode

☎️ 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.