Most expensive states for home insurance, Should you consider Walmart+?

Did you know that gigantic revenue sources are hiding within some giant companies like Costco? Find out all the shocking and fascinating details later in this email.

💵 Today’s Top Stories

5 Most and Least Expensive States for Homeowners Insurance

The cost of homeowners insurance in Florida grabs headlines. But it’s currently not the most expensive state. Who pays more? And do you know how to save on yours? 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.

How To Find a Trustworthy Mechanic

Finding any old mechanic can be easy, but finding someone you trust is another story. Here are the tips you need to find the best person to work on your car. Read more.

Why We Switched From Mint Mobile To US Mobile

Team Clark’s cell phone expert has reviewed more than 250 cell phone plans. Here’s why she recently switched her husband to US Mobile. Read more.

💵 KIM HERE

Permission revoked: Can’t remember which permissions you’ve given to which apps on your phone or tablet? There’s an easy way to check. On Android, go to Settings, tap Security and privacy > Privacy > Permission manager. On iPhone, head to Settings > Privacy and Security > App Privacy Report. Join 575K people who get tech smart with my friend Kim Komando’s free newsletter, The Current.

📈 Unexpectedly Giant Sources of Revenue Inside Huge Public Companies

Trung Phan, who writes a weekly newsletter on culture and business, recently pulled some great stats from inside the biggest companies.

Here are some gigantic revenue sources within some of the giants:

Costco ($250 billion in 2024 sales) sold more than $9 billion of clothing.
Amazon ($638 billion) made $56 billion from advertising.
Walmart ($648 billion) sold more than 1.5 billion pounds of bananas, the retailer’s top-selling item.
Apple ($395 billion) made about $40 billion in wearables like Apple Watches and AirPods, which is more than the total revenue of Visa ($36 billion).

Phan focused on Home Depot ($160 billion). Gardening accounted for 12.5% of Home Depot’s revenue. That’s more than appliances, lumber and paint, which you may associate with Home Depot before gardening.

Home Depot makes more money on gardening (plants, flowers, shrubs, soils, grills, patio furniture) than Hermes and Spotify make in yearly revenue ($16 billion each).

Phan cited this passage from a Wall Street Journal article:

“Home Depot runs 25 trial gardens in nine climate zones across the U.S. and studies them in the field under a variety of conditions. … For security purposes, some of those experimental gardens are hidden in cornfields or through backyard donkey corrals, protected on secret farms before the plants are selected and patented.”

📊 Stat of the Day

🚀 >$600,000: The price for a space flight with Sir Richard Branson’s Virgin Galactic in 2026. Tickets already were about $600,000 and the company is planning to hike prices for space tourism. The company has lost more than $2.1 billion since it started trading publicly in October 2019 and is waiting on its first profitable quarter.

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