Full Show: How To Save $75,000 on Your Next Mortgage and the Secret Behind Temu’s Cheap Prices

Рет қаралды 14,954

Күн бұрын

The housing and mortgage markets are not our friend right now. But there’s one thing you can do that will save you more than $75,000 on average when buying a home. Also, how are Shein and Temu able to get prices so cheap? Clark explains how it works and if it’s worth your time to shop from those retailers.
Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the June 25, 2024, episode of The Clark Howard Show.
00:00 - Intro
01:43 - Full Show: How To Save $75,000 on Your Next Mortgage
07:38 - Ask Clark - Gifting Money Management Class for Couples
09:39 - Ask Clark - Police Department Keeping Diamond Ring that was Found
11:50 - Ask Clark - Do I Need an Umbrella Insurance?
17:01 - The Secret Behind Temu’s Cheap Prices
23:45 - Ask Clark - Walmart Birthday Cake
25:52 - Ask Clark - Buying a Van - Toyota Hybrid
28:03 - Ask Clark - Soft Pull on Credit at a Dealer
Mentioned on the show:
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clark.com/cars/how-buy-new-car/
clark.com/cars/how-buy-used-car/
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Пікірлер: 58

@mikecole1664 24 күн бұрын

This couple I know went door to door, in the neighborhood they desired, asking the owners if they knew anyone selling their house in the area. An elderly lady, whose door they knocked on, liked the idea of having a young couple purchasing her home. She gave them a discounted price.

@Clark 23 күн бұрын

😲 Wow!

@nicoleancell6860 15 күн бұрын

I love EBay for clothes. I’m an odd size so being honest about my measurements and shopping high quality brands has been fantastic

@genesmith4386 25 күн бұрын

Excellent idea on what to do before purchasing a home. Thank you.

@AndeeLee-yi4ot 24 күн бұрын

Choose uSMART for a 6% interest rate on liquid savings, ensuring both safety and efficiency for your funds!

@sarashann 25 күн бұрын

Temu. Filling up the landfills here. 😒

@AndeeLee-yi4ot 24 күн бұрын

Choose uSMART for a 6% interest rate on liquid savings, ensuring both safety and efficiency for your funds!

@zyzzuschrist3410 25 күн бұрын

Wow. Early upload? I love it

@Clark 25 күн бұрын

Thanks to your comments, early is the new normal! 💚

@sarashann 25 күн бұрын

Thank you! Love the new upload time.

@AndeeLee-yi4ot 24 күн бұрын

Choose uSMART for a 6% interest rate on liquid savings, ensuring both safety and efficiency for your funds!

@jnova3328 25 күн бұрын

I click the thumbs-up before I watch every episode! Clark, have you joined a credit union, if you have I would appreciate it if you would please share which one and Christa which credit union did you join?

@Clark 25 күн бұрын

Clark uses Navy Federal Credit Union. Christa uses Delta Community Credit Union. Thanks for the pre-watched thumbs-up! 👍👍💚

@jnova3328 24 күн бұрын

@@Clark Thank you.

@donnageitz4701 24 күн бұрын

I also give a thumbs up before watching the videos since Clark’s videos never disappoint. The very best information .

@Clark 23 күн бұрын

@@donnageitz4701 👍👍💚

@marshallwise1763 Сағат бұрын

How about CMG All In One Loan.😄

@charlessommers7218 25 күн бұрын

Great show 😊

@BrokeMillionaire1 25 күн бұрын

Nice early treat!

@Clark 25 күн бұрын

Thanks to your comments, early is the new normal! 💚

@e-care-books9867 24 күн бұрын

#TeamClarkRocks

@yolandagray-rozier6912 24 күн бұрын

Do you need an umbrella policy if you have your assets in a trust?

@Clark 23 күн бұрын

Depends on the type of trust you have. A living trust does not protect your assets from a lawsuit because you remain the owner. You should get an umbrella policy, in this case. If you have an irrevocable trust, you are not the owner of the assets so you may not need an umbrella policy. 💚

@genesmith4386 25 күн бұрын

Purchasing in America, especially in high-end stores with products made in other countries, you buy items from sweatshops.

@iwallhausser8870 24 күн бұрын

Temu sources are questionable for sure, so do a deep dive into where Dollar Store or even Walmart merch comes from.

@marietaylor5174 24 күн бұрын

Thank you Team Clark.

@genesmith4386 25 күн бұрын

I save more money by purchasing new, but I only buy clearance on top of already discounted items. So much cheaper than second-hand store prices. And I only purchase high-end products so they will last for years, which means, not needing to keep buying the same product over and over again. I have saved thousands on clothing and shoes, and do not need to purchase any for years to come. However, I do enjoy purchasing used high-end furniture from individuals. Also cheaper and higher quality than second-hand stores and I will not have to buy furniture again because it will not easily break.

@Clark 25 күн бұрын

Great shopping strategy, Clarkie! 🙌

@melaniestarkey7868 24 күн бұрын

Yes I love thrift stores . We love to hate Walmart or vice versa.

@leeluna6495 24 күн бұрын

If your IRA is a rollover from a 401k it is protected from creditors. Never commingle your traditional IRA with a 401k rollover IRA!

@Clark 23 күн бұрын

Good tip, Clarkie! 🙌

@williadw1955 24 күн бұрын

As a person who has metal detected for 30 years, the only items you should give to anyone are if you just want to give it away, or if you found something ( like a class ring ) that has enough information to identify the owner and you want to return the item back to them. No state, to my knowledge, has any rules stating you should give anything you find while metal detecting to the police or anyone else in a government or town official role. On the downside of the person's find.. diamonds are almost a commercial scam. Buying one will most likely be pricey, but trying to sell one.. Nobody will give you anywhere near what was originally paid for it. Been there, Done that.

@MohamedTolba-m2w 24 күн бұрын

Take things easy, we've all made mistakes

@TheLifetraveler1 24 күн бұрын

Thanks Christa, for correcting Clark for using the word 'all' in his various statements. Excellent practice. He only does I notice when he gets emotionally intense.

@retired8484 24 күн бұрын

"All" was correct.

@ThankYouAbba 24 күн бұрын

And unless I'm misunderstanding, he didn't answer the person's question if the Letter of Credit Denial could be removed from their credit report. He answered that the credit pulls wouldn't do much harm unless getting a mortgage, but I didn't understand that to apply to the letter. He was serious about getting across how to buy and not buy a car.😊😊

@TechYodaSV 24 күн бұрын

If you told the dealer not to run your credit and they did it, that’s fraud. Report them for fraud and let the dealer deal with the consequences.

@daisybravo6526 24 күн бұрын

In the meantime, the police can give the description and a picture to a friend of theirs, and friend. can come in and identify it and walk off with it. I have had Police not do right I don’t trust them with anything that’s found. Due to having found some thing and turned it over to the police and then later on having met the person that actually lost it and when they got it back, it was not as when I took it to the police.

@nicoleancell6860 15 күн бұрын

9/10 items from Temu are misrepresented in quality and size and just garbage. I did get some magnetic wood house numbers I liked and some solar string lights I liked. But otherwise it’s worse than cheap. Better to be able to go to dollar tree where you can eyeball and see and touch the item

@advisevo2153 25 күн бұрын

Great points. But there is a reality: a “decent” house cost 400k and that means you should be paying around 3k /4k a month and you must have an income of 12k A MONTH. So, what kind of business or position pays that per month, apart of being a resident doctor, engineer, pilot or attorney? Suggestion ? because I don’t think people must turn into an sketchy business… just saying 😅

@janfoselli5823 24 күн бұрын

Yay for promoting used clothing! Other than undergarments, 95% of my wardrobe is used clothing!

@incantations446 25 күн бұрын

I would’ve kept the diamond but that’s just me

@trxinc9675 24 күн бұрын

Sometimes Clark sounds like he's talking to totally clueless ppl..

@Clark 23 күн бұрын

💯 Our viewers are at different phases in their financial life. Some are at the beginning with no financial literacy, and some are at the end-goal -- financial freedom! We can't assume everyone knows the basics, so we speak in layman's terms that anyone can understand. 💚

@lisaengle6384 24 күн бұрын

Shein, Temu and other fast fashion companies (there are sooo many) can NOT be paying their workers a fair wage when it comes to crochet items. My daughter has a crochet side-hustle. I know how long it takes to create crochet fashion and these companies sell them for ridiculously low prices (Target, Kohls and others too) Do you know that crochet can ONLY be done by hand? There are no machines to make crochet items. That means somewhere, someone is sitting and handmaking these items, likely under very sad circumstances. Please reconsider buying these items from stores and fast fashion sites. Consider local and small businesses for these purchases.

@lisaengle6384 24 күн бұрын

The documentary "Brandy Hellville & the Cult of Fast Fashion" (HBO Max, I think) is eye-opening and terrifying. Ghana is being exploited to both make the clothes and then unsold/second hand clothes are shipped back to Ghana for them to dispose of. They have no landfills so the either burn them or put them in the gutter system and they end up washed out to sea. The shores are 8' deep (down) with fabric. Much goes out to sea. What are we doing to our world? Something has to change.