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- Never put these items in your wallet (6 6 24)
Never put these items in your wallet (6 6 24)
Anthony Hazzard
June 06, 2024
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Are you a daily orange juice drinker? We have some important news later on in this email.
💵 Today’s Top Stories
 | Do you carry every credit and debit card you own in your wallet? How about your health insurance card? You may want to rethink those items and more. Read more. |
 | Considering early retirement? Understanding the Rule of 55 will help you plan. Read how it works and whether it’s a good idea for you. Read more. |
 | With a $695 annual fee, this card is one of the most expensive rewards cards on the market. Is it worth it? Our credit card expert breaks down the pros and the cons. Read more. |
 | Dietary supplements sound positive. Who doesn’t want to be healthy? But unless the ingredients have been certified, Clark explains, you’re taking a risk. Read more. |
🍊 Orange Juice in Crisis As Prices Spike
Did you know that most orange juice brands are unhealthy?
According to Healthline.com, “though nutritionally similar to whole oranges, orange juice provides very little fiber but twice the calories and sugar.”
Why are we telling you this? To try to help your wallet! Orange juice prices just hit an all-time high of $4.87 per pound. That’s about five times what it cost in 2020.
Florida, which reminds you that it’s renowned for oranges as soon as you cross the state line, has seen a heavy contraction in output. Fields of orange trees have given way to lucrative housing developments. Hurricanes and a disease called “citrus greening” also have made a negative impact.
Putting aside the Sunshine State, Brazil accounts for 70% of all orange juice exports. Brazil has experienced three straight poor crop yields. That led a senior beverages analyst to remark that the orange juice industry is “in crisis.”
In addition to higher prices, industry experts say companies will use lower-quality juice and mix in juices with other fruits.
📊 Stat of the Day
💸 $140: The median amount saved after successfully negotiating the price of an appliance at Best Buy and Lowe’s. Less than 25% of people shopping for an appliance attempt to negotiate the price.
💰️ Deal Alert: Today’s Top Deals
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🎙️ Podcast
Is crypto a good alternative to cash? Is crypto a safe investment? Can crypto make you wealthy? Clark shares his opinion on this volatile and controversial topic. Also, personal finance education is so important, but it’s rarely taught in schools. However, a new curriculum has been developed that may take off across the nation! Plus, Clark shares the unique way he helped his kids learn about money and the value of a dollar.
☎️ 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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