Episode Details

As parts of the economy emerge from inflation, post pandemic conditions remain rough for retailers and that means discounts to attract buyers. Every form of discounting is going on, including on some of life’s necessities. Be on the lookout for lower prices & special offers. Also today, a cautionary tale about a senior scammed out of millions, right under the nose of his bank and credit union. What is the responsibility of financial institutions, families and loved ones to protect the life savings of our vulnerable elders?

• Happy Deals Are Here Again: Segment 1
• Ask Clark: Segment 2
• Our Mission Must Be Elder Fraud Prevention: Segment 3
• Ask Clark: Segment 4

Mentioned on the show

• Barrons.com: Retailers Ramp Up Discounts to Try to Bring In Shoppers
• CLARK DEALS - Deals You Can Trust
• 7 Things on Deep Discount in May
• Life Insurance Archives - Clark Howard
• An elderly man was scammed out of millions. Could the bank have done more to prevent fraud? - from USA TODAY
• Why Structured Notes Might Not Be Right for You
• What Is a Fiduciary Financial Advisor and Do I Need One?
• Best 529 College Savings Plans By State
• Why hitting the lottery could leave you broke

Clark.com resources

• Episode transcripts
• Community.Clark.com
• Clark.com daily money newsletter
• Consumer Action Center Free Helpline: 636-492-5275

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