Here’s how much your car is worth right now (11 5 24)

Author

Anthony Hazzard
November 05, 2024

The American Dream holds an expensive price tag. But is it more or less than you expected? Find out more later in this email.

💵 Today’s Top Stories
Car

You should know what your car is worth even if you’re not planning to sell. It has become tougher to figure out with valuations changing so quickly, but Clark has some good tips. Read more.

Hearing aids

You can buy hearing aids over the counter. The days of paying 30 times the price are over. Here are the best places to buy them. Read more.

Phone on cash money

With big players like AT&T, T-Mobile and Verizon raising prices, now is the time to switch your cell phone service to a much cheaper option. Here are the Clark-approved plans to consider. Read more.

Sling

Sling TV now offers packages that bundle with HBO’s Max. Will you get a discount on Max if you go through Sling TV? And what content will you get if you say yes? Read more.

Deed

Someone can steal your home’s title and take legal action against your property for financial gain. It’s a scary crime. Here’s how to spot it (and how to avoid it in the first place). Read more.

🏠️ The American Dream Now Holds a $4.4 Million Price Tag

A house, a vehicle, two children and a comfortable retirement. That’s one definition of the American Dream. (Throw in the white picket fence if you want.)

It’s typically a quantitative idea. Something that lives in your head. But new analysis based on Investopedia data puts a number on it.

If $4.4 million seems expensive, it is: “These costs exceed typical lifetime earnings, with men averaging $3.3 million and women $2.4 million over their careers,” The Flyover wrote.

Here’s how Investopedia breaks it down from most to least expensive.

$1,599,995: Minimum savings for 20-year retirement.
$929,955: Single-family home with a 30-year mortgage.
$832,172: Raising two children to age 18 and paying for four years of public college.
$811,440: Total new car payments for adults.
$179,109: Annual vacation from 22 to 84 years old.
$44,300: Wedding expenses including engagement ring.
$36,626: Total expense of owning one dog and one cat.
$8,453: Funeral costs.

📊 Stat of the Day

🛢️13.4 million: Barrels of oil per day the United States produced in August. That’s an all-time record. Texas (5.8 million) and New Mexico (2.1 million) also set records. That’s despite a shrinking workforce and less than one-third the number of oil rigs compared to a decade ago.

💰️ Deal Alert: Today’s Top Deals
Home Depot
Beach
Italy
🎙️ Podcast

The U.S. stock market has been on a roll over the last several years. Is it overvalued? Will we see a correction? Clark shares his thoughts. Also, Clark has long said that “buy now, pay later” plans are a trap for your wallet. As we head into the holiday shopping season, Clark warns us about two tricks retailers may use to get us to spend more – whether we can afford it or not.

☎️ 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.

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