Pod Insights The Clark Howard Podcast 06.01.26 WARNINGS: AI Privacy Risk & Ponzi Schemes Net Millions About this episode Today - A warning about how much information you give an AI chatbot. Artificial intelligence tools like ChatGPT, Claude, and Gemini have made getting financial advice faster and easier than ever. But as the AI gold rush heats up, a massive privacy risk is emerging. Clark breaks down the critical things you should never tell an AI chatbot. Also - The anatomy of a Ponzi scheme that RIPPED OFF $140 million from “investors.” Clark covers two massive fraud cases—Drive Planning and First Liberty—which collectively defrauded thousands of investors out of hundreds of millions of dollars. When inflation or economic uncertainty makes us feel insecure about our money, we become susceptible to smooth pitches. Clark reminds us of the ultimate golden rule of investing: any time someone promises you "guaranteed" double-digit returns with zero risk, it is a lie. Learn how these schemes operate so you can spot the red flags, protect your hard-earned savings, and secure your financial future. Plus, Lane (Clark’s wife!) shares your #AskClark questions and Clark gives his take. All this and more on the June 1, 2026, episode of The Clark Howard Show. Submit questions: Ask Clark AI Privacy Risk: Segment 1 Ask Clark: Segment 2 Ponzi Schemes Steal Millions: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Don’t tell your AI chatbot these 5 things to keep your money safe Where Should You Keep Your Cash Reserve? - Clark Howard 6 Things To Know About Series I Savings Bonds - Clark Howard How To Open a Roth IRA Anatomy of a Ponzi scheme How to Teach Young Kids About Money - Clark Howard How I Set My Teens Up for Retirement in 5 Minutes What Brokerage Do You Recommend for First-Time Investors or Kids? How To Freeze and Unfreeze Your Credit With Experian, Equifax and TransUnion Clark.com resources: Episode transcripts Community. Clark.com / Ask Clark Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices. Visit megaphone.fm/adchoices
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1:16 Speaker 02 I'm so glad you've taken time out of your day to join us on the Clark Howard Show. Our mission is to serve you with advice and information that empowers you to make better financial decisions in your life. In today's episode, I want to talk to you about creating a personal relationship with your AI chatbot. I mean, I saw stats recently, what percent of people are using AI chatbots? And it's gone from 1 in 10 a year ago to well more than half of people now. You've got to know, your privacy is partially on the line.
1:57 Speaker 02 And later, I want to talk about just two under-the-radar Ponzi schemes that didn't get a lot of media coverage outside of the financial press. That these two little operations stole more than half a billion dollars from consumers, investors, whatever, in not that much time. Money that is gone in boats, jewelry, private jet travel, you name it. The con artists ran off with that much money and how easy it was for them to do it. A lesson in there for all of us. So the AI chatbot
2:41 Speaker 02 space is so hot. I was reading in Barron's Magazine about this guy who came up with a new chatbot idea, new AI company, and it doesn't really even do anything yet. And it has a supposed pre-market value of, you ready? A billion dollars. There are so many people who are in this gold rush of dare to be rich, putting AI on anything. So the bigs have most of the market share, Claude, which people in the field believe is the
3:22 Speaker 02 best of the AI tools. And then you've got ChatGPT and Gemini. And then there are a bunch of second tier, and now we're moving to third tier and all that. So these chatbots communicate like a trusted friend. And you feel like they're so polite and they're so like on your team, that you really start to let your guard down. And there's certainly an issue with people that are suffering from loneliness, or that are younger, that
4:00 Speaker 02 they almost start to think of it like as their human friend. And it's just a computer you're talking to. And so, one of the things that's happening is people are oversharing with their chatbot. And I'd say there are two areas I want you to think about how you share what you share. One of them I brought up about six months ago, just in passing, and that's medical. Because there is no HIPAA for these chatbots. And remember, there are a lot of them out there that are going to struggle financially. They might go bankrupt. And there's no privacy protections under the law.
4:44 Speaker 02 That if a chatbot has all this information about you financially or medically, because financial is the other I'm worried about. And you've shared all this stuff, very specific detail. Whose hands could that end up in? I mean, I'm not trying to creep you out or freak you out. I just want you to think this through. Michelle Singletary, who's a financial writer, syndicated financial writer, was writing about this recently about people that are oversharing very specific financial information from their own lives, about their investments, exactly what their holdings are, where they are, all that uploading account statements.
5:29 Speaker 02 So we got the worry of hackers, the worry of insolvency with any of these, a dishonest player. Every time you add your information somewhere else, you magnify the risk that the information will be compromised. So if you are trying to seek answers, and let's say you're trying to use one of the AI bots to get financial investing advice. Don't use your real numbers. You can even keep the percentages of what you're thinking of doing in different things the same. But don't use your real numbers. Don't load your actual account statements.
6:11 Speaker 02 This is one of those things that if you don't use, if you're in the nearly half of people who don't use these chatbots, you're like, you're telling me somebody just loads it up to these things? You don't know till you use them how much it feels like it's a friend you're communicating with. And so you do suspend that normal protective layer you might have on your personal information. And I want you to remember that as you use ChatGPT or any other to think through, hey, is that really a good idea for me to put that specific detail there? And with medical,
6:52 Speaker 02 you know how there's the old joke that you can find your way to cancer with two clicks on Google? Well, now you've got with the chat assistants, if you're having a medical issue or a problem, or you got aches and pains, the way the bots respond is so strong in their wording that they'll, they'll give you very specific medical responses. And you think the way it's written and you've let your guard down and you trust this thing, think, oh, I've got blah, blah, blah. It ain't the doctor.
7:31 Speaker 02 It can help you interpret results you get, but to decide what you've got, that's where you need to be cautious that you don't work yourself into a frenzy worried you've got who knows what, because one of these bots said you do. And if you missed our podcast last week, we have a worthy substitute for Krista.
7:57 Speaker 03 Hello.
7:58 Speaker 02 Today and Wednesday. This is my wife, Lane.
8:01 Speaker 03 Hello there.
8:02 Speaker 02 Lane is handling the Krista chores while Krista's on an exciting vacation.
8:08 Speaker 03 Yeah.
8:08 Speaker 02 And we're working.
8:10 Speaker 03 I hope she's having a great time.
8:11 Speaker 02 Of course she is.
8:13 Speaker 03 I have to tell you, I've asked Claude some things recently and it is very polite. It's a little unnerving. I asked it a medical question and it said, oh, I hope you're feeling better or something like that afterwards. And I thought, oh, okay. Thank you.
8:28 Speaker 02 Especially warning for you, I said it upfront. If you are kind of lonely or vulnerable in your life right now, you're much more likely To try to connect too much emotionally to one of these. Just remember that.
8:44 Speaker 03 It's a computer. Okay, I have some questions for you.
8:47 Speaker 02 Ready.
8:48 Speaker 03 Uh, Karen in Alaska asks, Clark, you haven't talked much about Series I savings bonds lately. Is now a good time to buy them?
8:57 Speaker 02 Yeah, they're good again. And thank you, Karen, because I haven't talked about them in the last few years because they weren't a great deal anymore. Um, if I remember right, I'm going by memory, you get a base rate of 0.90% plus the rate of inflation. Now that inflation is above where it was four years ago, there's a great advantage looking at buying Series I savings bonds. And I'll give a quick recap of how they work. I is for inflation. You get the rate of inflation plus the bonus of 0.90. So
9:41 Speaker 02 as you hold them over the years, you get the guarantee essentially that you're getting inflation plus, which makes them in a time of high inflation, well, we're not high by historical numbers. Uh, 4 point something percent inflation is bad, ugly, but not horrific. Higher inflation than we'd like to have by about double is where we are right now. So this is a window that buying Series I savings bonds are good again. And you buy them electronically. And you can hold them for a minimum of one year
10:22 Speaker 02 or up to 30 years. If you hold them less than five years, you forfeit the last 90 days interest on them. And the time where you would bail on them is if we get back to a very low inflation cycle. Then there may come a time where I would recommend cashing in Series I bonds. And Laine and I bought Series I savings bonds for the first time in the 90s.
10:52 Speaker 03 Long time ago.
10:53 Speaker 02 And that was when you got a spread of, I think, inflation plus 3.6% or something. And those are going to mature soon and we're going to have to cash them out. You know, I know people would say, and you're going to have to pay all that tax. That's just fine because we had to make money to have to pay the tax.
11:16 Speaker 03 That's true. All right. AJ in Missouri writes, Clark, I'm 19 years old with almost 15,000 in high yield savings account.
11:27 Speaker 02 At 19?
11:28 Speaker 03 Yes.
11:28 Speaker 02 Love that.
11:29 Speaker 03 Listen to this, along with about 5,000 invested in my brokerage account. I don't have any debt with a full-time job and building my 401K. But I'm looking to possibly buy a home for myself and soon to be fiance. What are your thoughts?
11:46 Speaker 02 Congratulations, 19?
11:48 Speaker 03 Yeah, yeah.
11:49 Speaker 02 I was certainly not mature enough at 19 to be talking about a fiance. Wow.
11:56 Speaker 03 Okay, AJ says, what are your thoughts on what I should be doing to set myself up? Not only for the home, but just for our futures. Thanks and love the show.
12:06 Speaker 02 Well, congratulations on the maturity you've shown with what you've already saved as a teenager. Incredible. What I didn't hear from you, you are building your 401K. I don't know what you're putting in your 401K where you work at that full-time job. That's where my big emphasis would be for you is that you do. You've got this great opportunity to pile money into it, especially if there's an employer match. You want to be in the Roth version of the 401K from your employer, not traditional. And just keep popping money into it.
12:47 Speaker 02 The only reason you would want to, you know, I refer to myself as the man from Roth, that you'd want to have a Roth IRA in addition to that 401K. Would be if the 401k provider your employer uses is charging you high expenses on the account. High expenses would be anything all in at more than half a point in management and administrative fees on the 401k. You'd be able to open a Roth IRA. Look at our Roth Guide at Clark.com at a much lower cost than that. Now, the other reason, though, doing a Roth IRA would be advantageous
13:30 Speaker 02 is there's special advantages to you piling money into your own Roth IRA for the purpose of buying that first home. It gives you specific enormous flexibility on that and you'll be able to understand why in our Roth Guide. But fantastic for you to already be of the maturity that I'm still shocked at 19 that you're thinking of getting married. I just wasn't as mature as you and that you're already building, putting the building blocks in place
14:12 Speaker 02 for buying a home, for building long-term financial security. Great.
14:17 Speaker 03 AJ's got it together.
14:19 Speaker 02 I hear it.
14:20 Speaker 03 All right. Tom in Michigan says, hi Clark. Thank you for all of the great information over the years. Just wish I'd listened to you even earlier. My question is about the Spirit Airlines bankruptcy. We had tickets we bought in November for a March trip that we had to cancel due to a family member in the hospital. We were issued a voucher for use on a future flight. Is there any recourse to recover that lost money? Can I dispute the charge on my credit card? Is there a procedure through the bankruptcy process to file a claim? If so, how do we do that? Total voucher was for about $600. We already lost
14:59 Speaker 03 $200 in, yeah, in total just to get the voucher. Thank you for all you do. I never miss an episode from you or Wes.
15:07 Speaker 02 Well, Tom, thank you. You very much for that and you live in Michigan. Spirit was really important in Detroit for holding down airfares. They, I think they were based in Detroit at one time and that was so much an important part of their operation. Now Delta's dominant in Detroit and that dominance has obviously increased and fares will go up quite a bit in the Detroit metro area because of the Spirit failure. More impact there than most other cities. Your money, all the stuff about the voucher and all that, leave that out. Just dispute the charge with your credit card company.
15:52 Speaker 02 And all the credit card companies had Spirit, all the banks, the whole processing system, had them on special holdback provisions. Because with Spirit in bankruptcy, there was so much worry that they would unfortunately liquidate as they have sadly done. So the banks, the credit card operators were holding back extra money in order to fund refunds to customers with purchases from Spirit for money never flown. So your situation is more complicated. A lot will depend on your credit card issuer, if they are customer friendly or not.
16:38 Speaker 02 But you go ahead and dispute and see where this leads. You may get back the entire original purchase amount. You may get back the amount minus the voucher. And there's also the possibility that they turn you down first pass. If you get turned down on a dispute, you always appeal that with a credit card issuer. The first pass often, credit card issuers will turn you down. And then when you do appeal, which almost nobody does, you have a much greater chance of success. Your dispute is on the basis of failure to deliver service, the flight. Let me know how it plays.
17:24 Speaker 02 And coming up ahead, we're going to talk about people out collectively more than half a billion dollars who may only see pennies on the dollar, if anything, of their money back because they got conned.
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19:56 Speaker 02 Hope springs eternal. And in a time that people have seen their lifestyles suffer because of mismanagement by the federal government, inflation getting out of control again after getting out of control earlier this decade, people are looking for a way to make back some of that loss and purchasing power. And you're especially vulnerable to people pitching you an opportunity to make an outsized return on your money.
20:34 Speaker 02 And so Ponzi schemes are something that in times where people feel more insecure, more anxious about their money, we're more likely to be susceptible to pitches. I want to just talk about two of them. Ironically enough, they both originated in the same state, in the state of Georgia, although took money from people around the country. One of them was called First Liberty, which I talked about on the podcast and YouTube show, I think, first two or three years ago, when we were starting to hear from people with problems. And then the other is Drive Planning, which we heard from people about around the country.
21:19 Speaker 02 The founders or principals of both have now been convicted.
21:26 Speaker 02 Or pled guilty in federal court, unrelated, but the idea of them is something I want you to think clearly about. By the way, so often, I want to emphasize this again, because whenever I've talked about Ponzi's, going all the way back to when we provided a lot of coverage here and on radio and TV of the Bernie Madoff Ponzi scheme, that promised Bernie Madoff, if you remember, promised a 10% return on your money without risk. One of the two that the founder has pled guilty with promised returns of eight to 18%. That's the First
22:09 Speaker 02 Liberty. And then we've got the one from Drive Planning that was promising returns even higher than that. So people were told that there was no risk. In the First Liberty situation, people were told their money was being used for low-risk bridge loans. In the case of Drive Planning, people were told that they were doing things in real estate, two different real estate funds. And in the case of Drive, unlicensed people who were not financial professionals were getting huge commissions to go out and pitch. And then
22:49 Speaker 02 what was the money going to in both of these? Money was either going back to pay early people who then would say, hey, you're not going to believe it. I'm getting this great return in this. And word of mouth was then bringing in other people. And then money was being used to buy boats, private jets, houses, jewelry, so many different items that the insiders were using the money supposedly being invested, but using it in their own lives. And in these cases,
23:24 Speaker 02 The returns were higher than normal, but they weren't crazy kind of returns being promised. You know, people looking at putting money in CDs or savings accounts would take money out of those because the salespeople in both of these Ponzi's would convince them that this was the similar kind of risk of being in an FDIC insured or NCUA insured savings account or CD. But you're going to get a much higher return. And this is a can't lose kind of opportunity. Okay, so I want you to think about this. All right.
24:03 Speaker 02 So if dry planning is paying 4% commission, then on top of it is promising people double-digit earnings on their money? How are you going to generate that kind of money? You're not. It's not possible. Somebody who says they have a low-risk kind of way for you to save your money or invest your money, but they have, they have the resources to have commissioned salespeople pitching it to you? Ain't no way. Anytime somebody promises you a safe path for you to save or invest
24:40 Speaker 02 in their notes, promissory notes, whatever they call them, the unregistered securities, which is really what they are, they're pitching. And I could have used any of a number of examples. It's just both of these Ponzi's have kind of come to a head at the same time. And I waited to really talk about them till both of them, the, the principals have now ended up either pleading guilty or convicted. That when somebody promises you an above-market return, higher than what you can earn in savings or CDs, or as we talked about,
25:20 Speaker 02 Series I savings bonds or whatever, when they're promising you numbers meaningfully higher than that, particularly when they hit the upper single-digit or double-digit, you gotta know, there is no safe thing like that. There is no guaranteed return.
25:43 Speaker 02 Guaranteed by who? A bunch of documents they give you? Promises made to you? That's what a promissory note is. Hey, how about you give me $5,000 and I promise to pay you back 15% on it? That's what a promissory note is. There is no FDIC. There is no, when you buy a US Treasury, there is no US government that is issuing them. Please remember this because Ponzi schemes go back, gosh, 100 and something years in the modern financial era forward. And they happen again and again and again and again.
26:26 Speaker 02 And you know what I hear so often from people who got taken in these? I thought I was doing something good and safe with my money. Because we want to believe, we want to believe that somebody has come up with a way for us to make our money grow beyond normal without risk. You do the stuff I talk about, investing in your 401K or Roth IRA or a regular investment account. Invest, the word invest comes with it embedded risk that you could get back less later than what you started with.
27:08 Speaker 02 If the company you bought stock in or the fund you bought or whatever performs poorly over time, you can lose money. But you're taking that risk of losing because over time, you believe that the company you bought stock in or the funds you bought, that the holdings in them will grow profits, grow sales, and will generate a nice return for you. You are an investor taking risk. When you are a saver, the whole idea is to preserve the money you put in.
27:47 Speaker 02 And in return for that, being able to preserve it, you're accepting a lower interest rate or return on your money. When somebody promises you this fuzzy thing in between where you're going to get these high single digit or into double digit returns on your money, but supposedly with no risk?
28:12 Speaker 02 Run, not to them, run away. Lane?
28:19 Speaker 03 Yeah, too good to be true, huh? Okay, I've got Charlie in New York who says, I'm a middle school math teacher who's an avid listener to the podcast. A new state requirement is that all students must be taught financial literacy as a class or a part of a class in each level of education, meaning elementary, middle, and high school. I will be teaching financial literacy and writing the curriculum for the class in my school. I wanted to ask you, what are the most important topics you think I should focus on for an eighth grader age student in a diverse population school?
28:59 Speaker 02 Okay. Wow, that's an assignment that just sprang on me.
29:03 Speaker 03 Good luck, good luck.
29:04 Speaker 02 Okay.
29:07 Speaker 02 New York, Charlie, gave you this mandate in the schools, but didn't... Normally, they design a curriculum that they recommend or that they produce for different mandatory courses of study. All right, so if I were designing this, I would start with a puzzle for eighth graders. And I'll tell you what I've done before when I've spoken to both elementary schools and middle schools, different for high schools. You said this was middle. And if you've heard me say this before, I think this is the start of a curriculum. You put up two pictures on the wall with whatever digital system you have where you can put up pictures.
29:49 Speaker 02 And one, and this is what I've done many times in the past, and they always get it wrong. One of them shows a very basic residence, older car, just a very simple kind of life. And the other shows a big house and a boat and a luxury car and big screen TV and all kinds of consumer items. And the question I ask both elementary and middle, and it doesn't matter if they're from third grade to eighth grade, they all get it wrong. Which family, which picture are the millionaires? Just to get their attention.
30:30 Speaker 02 And the kids will all say the, the big house, the big fancy car, the boat, blah, blah, blah, blah, blah. The picture of wealth. Is, what's that old thing, Potemkin Village? It's not the real. Most people who end up millionaires, live below the radar, live below their means. And I would kick off a middle school curriculum with that concept. And then from that, you build knowledge. And for me, it's all about creating the saving spirit. Because by eighth grade, most of your students, I would bet, have plastic in their, in their hands,
31:13 Speaker 02 or would tap to pay on their iPhone or Android. And they think that money just magically grows electronically. So, the core concept that comes out of those pictures and is part of a curriculum is the idea of saving before you spend. Living on less than what you make is the core principle that I think you can age appropriately do it. At any age from elementary all the way through high school. The way you would then teach those components would be different at different ages. But living on less than what you make is the most important concept. Because kids are wired
31:57 Speaker 02 today, since they're not dealing with cash, to have this idea that, oh, I need money, I just tap. Isn't that amazing? I just tap. And then at some point, decline. What happened? So, spending less than what you make, first core principle. Second, I think, totally appropriate with eighth graders. Think about Fidelity Investments. Allows kids of the age of eighth graders to have a semi-independent investing account. You can teach the fundamentals of investing at that age.
32:37 Speaker 02 And then the, if I thought of a third component, that might be enough to cover. I don't know. This is like a six week course or whatever it is. But whatever it turns out to be, I'd say the third element would be the role of credit. Everything the banks do in their supposed education for adolescents is all about spend, spend, spend, spend, spend. And this is how you borrow. Spend, borrow, spend, borrow, spend, borrow. You have to swim against the tide, against the current of what the banking industry's agenda is, is to turn this generation of kids into indebted individuals.
33:22 Speaker 02 And so that to me is where the curriculum goes, is spending less than what you make, knowing how basic investing works, Roth IRA, and then the role of credit in your life, when credit's appropriate, when it's not. I am so anti-bank. It's just, it's uncool.
33:46 Speaker 03 Is that uncool?
33:47 Speaker 02 I think it's uncool how, I mean, banks aren't by their very nature automatically bad. They're not automatically good. They do a lot of, there are a lot of things that the banking industry does that are important for society to function. It's just the modern banking industry is so tilted against people's best self-interest.
34:12 Speaker 03 Well, it's great that New York is doing this. It's really great.
34:14 Speaker 02 States all over the country are either designing or requiring these curricula. Curriculum?
34:20 Speaker 03 Yeah, maybe you should design it. Maybe really get in the weeds of it.
34:26 Speaker 02 Maybe.
34:27 Speaker 03 All right. But in the meantime.
34:29 Speaker 02 Yes.
34:29 Speaker 03 We have Sarah from North Carolina. She says, hi Clark, I did a credit freeze for everyone in the family, including my kids. She said, what a pain it was to do for the kids. Since it feels like companies are being hacked, that that's now the norm. When you receive a notification and they offer free credit monitoring and fraud assistance, is it worth doing that even if you have credit freezes in place? I've listened to your show for years and say the phrase, well, Clark says regularly. Recently, I was driving and listening to the podcast with my nine-year-old daughter. She said, Clark Howard, I thought it was Clark Coward.
35:12 Speaker 03 So they said they had a really good laugh over that.
35:15 Speaker 02 You should find, see if you can find online, there was a spoof song about me where they called me the Clark Coward Show. And you could play that, if you find it, you could play that for your nine-year-old. Anyway, doing the credit freeze is the heavy lift. I do have a Credit Karma account that you can only set up when your account's temporarily thawed and when you're applying for credit or whatever. Wouldn't be able to do it for your kids because it's hard to temporarily thaw a kid's credit file. But they give those kind of alerts if there's any funny stuff going on. You could, if you're getting one of those legal notices that every company uses where
36:00 Speaker 02 they give you the two years of free credit monitoring, it wouldn't hurt you to do that. I've not bothered with them, but you could, and that way, if somebody had gotten around any of the credit freezes, or they applied for something that the monitoring was, but the company was using one of those minor credit bureaus, you'd get alerted that way. And so, yeah, I mean, it's free, wouldn't hurt you to do it. Might help.
36:28 Speaker 03 All right, we have John in New York. And John says, I have, I'm going to just round these numbers a little. I have a $17,000 left on a home loan that has an interest rate of 4%. My HSA account has about $10,500. I had a medical expense in 2019. The HSA account was already established. This medical expense was about $4,600 that I paid myself. I wanted to reimburse myself that $4,600 and push it towards the home loan. Is that a good idea?
37:04 Speaker 02 So you do that money from the HSA. Hopefully, the HSA money has been growing over these last seven years since you incurred those medical bills and you could let that HSA continue to grow to deal with medical expenses in the future. It would depend on the return you're getting on your HSA. If it's just in a HSA kind of savings account, you're falling behind the 4% interest rate on your mortgage. 4% on mortgage is a really low rate. HSA that's invested instead of saved would have performed well beyond 4% over the last seven years.
37:43 Speaker 02 Who knows what it'll do in the future. But if you just are using a simple HSA savings account and you're not worried about needing that 4,600 for a future medical expense, then yeah, if your goal is to get as close as you can to being mortgage debt free, there's not a big return on doing this, but you could take that money, put it towards your mortgage, and be done with your mortgage even sooner. And I'm guessing, just guessing here, John, that this is the only debt you have in your life. If you had credit card debts or anything like that, they would be a higher priority than your mortgage because they'd be carrying
38:27 Speaker 02 a much, much higher interest rate. If you have a car loan, it would likely carry a rate higher than this mortgage. That would be a higher priority if you're looking to get your reimbursement for the HSA money and put it somewhere. Extinguishing debt is normally a great idea. It's only a marginally good idea with a mortgage rate as low as you've got. And how about that you're this close to owning your home free and clear? It's a shocking stat to people who are having to pay a mortgage every month that today, roughly a third of people own their homes free and clear, no mortgage. It's a great
39:12 Speaker 02 club to be a member of. But again, if you are sitting there with a rate even lower than John, let's say you got a loan that you got when interest rates were being artificially suppressed and you've got a mortgage rate 2%, 3%, it's a hard argument to make to do any prepayment on a loan that low when even a simple savings account will out earn that. And thank you so much for joining us on our first show of June. June is my favorite month of the year.
39:46 Speaker 03 Yeah, it's, it's his birthday month.
39:48 Speaker 02 But that's not why.
39:50 Speaker 03 Right.
39:51 Speaker 02 Honey, that's not why.
39:52 Speaker 03 Are you sure?
39:53 Speaker 02 It's because of the endless daylight.
39:56 Speaker 03 That is great.
39:57 Speaker 02 I love daylight. I mean, I really am somebody who should live, you know, part of the year in the Southern Hemisphere, the winter, in the Northern Hemisphere, and just have that daylight all the time. I just love it. In reverse, when we get to the shortest days of the year in December, oh.
40:21 Speaker 03 That's horrible. That's when my birthday is. He likes to remind me that.
40:26 Speaker 02 That's why, once we celebrated with a party on your half birthday.
40:31 Speaker 03 We did. I enjoyed that.
40:32 Speaker 02 On June 9.
40:34 Speaker 03 Yes, that was great.
40:34 Speaker 02 And so then we had both of our birthday celebrations, basically, in the same month.
40:39 Speaker 03 That was a good year.
40:40 Speaker 02 Doing a 0.5 for you. You want us to do that again?
40:43 Speaker 03 Yes, please.
40:44 Speaker 02 Well, that's next week.
40:45 Speaker 03 All right, let's do it.
40:47 Speaker 02 Half birthday for Lane next week. And Lane will be with us one more episode, and then Krista's back from her vacation. And so, thank you so much for joining us on this Monday, the first day of June. The only bad part is there's no football right now.
41:08 Speaker 03 Sorry. Can't have everything.
41:09 Speaker 02 I know. Worth it to have the long days, the warm days. But have a great rest of your day today. Know that we're here to serve you all week long at Clark.com, Clarkdeals.com, with free one-on-one advice available to you, our posts on social media.
41:29 Speaker 02 Our posts on YouTube, every which way, our newsletters. And if you live in a market where you see me on the news in your local market, or hear me on radio in your local market, thank you for joining us that way as well. And Wednesday, we'll be serving you again and can't wait to hear what you bring my way with questions on Wednesday, Lane. Everything we do is about your empowerment with knowledge so you can save more, spend less, and never, never, not ever, get ripped off.
42:11 Speaker 01 They're running a Cover 2 defense. But you're running to get game day deals on Uber Eats. Keep everyone at tonight's watch party fed with deals from your go-to restaurants. Or stock up with deals on your favorite snacks and groceries. Whatever the occasion, get game day deals on Uber Eats all season long. It's not football without food. Uber Eats, order now. Terms apply. Product availability varies by region. See app for details.
42:41 Speaker 06 Your sausage McMuffin with egg didn't change. Your receipt did. The sausage McMuffin with egg extra value meal includes a hash brown and a small coffee for just $5. Only at McDonald's for a limited time.
42:53 Speaker 02 Price and participation may vary. Promotion pricing may be lower than meal pricing.
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