A retirement rule that affects everyone, Should you get a Walmart+ membership?

August 14, 2024 | Read Online

Tipping is a controversial topic. Find out what an etiquette expert has to say later on in this email.

💵 Today’s Top Stories

This Rule Affects Nearly Everyone in Retirement

The IRS will hammer you with a penalty if you miss this age-specific deadline. Here’s everything you need to know. Read more.

Should You Consider a Walmart+ Membership?

You’ve heard of Amazon Prime. But what about Walmart+? It’s cheaper and Clark likes it. Here are the benefits Walmart gives its members. Read more.

The Cost of a Typical Starter Home in America

Starter homes, typically more affordable with modest amenities and square footage, ain’t what they used to be. They cost $1 million+ in more than 200 cities with nearly 60% in one state. Read more.

What To Know About Selling Your Old Electronics Online

Want to sell an old smartphone or tablet that’s still in good condition? This website will give you an instant quote and pay for your shipping. Read more.

📣 Today’s Top News

💵 An Expert’s Guide on How Much To Tip and When

Want to start an argument at your next gathering? No, you don’t need to bring up the presidential election, religion or your favorite SEC football team.

Just make a declarative statement about exactly how much everyone should tip.

We’ve all been handed too many tablets with prepopulated tip options for services we never would’ve considered tipping for just five years ago.

Sometimes, though, it helps to get an expert’s opinion on the appropriate tip percentage.

Diane Gottsman, national etiquette expert and founder of The Protocol School of Texas, told The Hustle that tipping should be discretionary. She sees it as an opportunity to say thank you to someone for service, although sometimes she thinks it’s OK not to tip.

Here are her suggestions for how much you should tip by service:

Airline pilots
Chiropractors
Cosmetic surgeons
Dry cleaners

10%

Movers (local)
Servers (takeout)

15%

Baristas
Bartenders
Drivers
Estheticians
Food delivery

20%

Dog groomers
Hairdressers
Massage therapists
Servers (sit-down)
Tattoo artists

💸 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 August 14, 2024.

See All Rates | High Yield Savings Accounts Calculator

📊 Stat of the Day

📈 $96,000: Roughly the amount of equity you’d hold if you’d purchased $1,000 of Amazon stock 20 years ago. That’s an annualized return of 25.6%. Kiplinger compared that to an annualized return of 10.5% from the S&P 500 during the same period.

💰️ Deal Alert: Today’s Top Deals

🎙️ Podcast

YouTube video by Clark Howard: Save More, Spend Less

Full Show: Why You Should Consider Foreign Stocks and Will Your Job Exist in 20 Years?

Clark loves America. Clark also likes to diversify his money. Should you consider adding foreign stocks to your portfolio? Clark discusses recommendations from Vanguard and shares his take on the stock market right now. Also, AI hype is all over the news across numerous industries. Will your job still be around in 20 years? Clark has some advice if you are nervous about your career and the future.

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.