Truth about your credit card debt when you die (10 30 24)

Author

Anthony Hazzard
October 30, 2024

More discounts this holiday season? Yes, please! Find out which retailer slashed prices on thousands of products ahead of Halloween later in this email. 

💵 Today’s Top Stories
Credit card statement

Dying or getting divorced doesn’t always absolve you of your credit card debt. Here’s what happens – and who has to pay. Read more.

One Million

Clark’s savings goal calculator will tell you how long it will take you to set aside a cool million at your current rate. Play around with the three major factors and decide the best path for you. Read more.

Car Rental

Car insurance rose 14% in 2022 and 6.5% in ’23. Prices have stabilized with some companies and not so much with others. Clark implores you to shop around before your premiums renew. Read more.

Streaming

Want a budget-conscious free TV streaming service and don’t care about sports and news? This service, which Clark likes, now offers more than 100 free channels. Read more.

💵 Expect More Shopping Discounts This Holiday Season

Target slashed the price of 2,000 products just ahead of Halloween in the latest evidence that we’ll get more deals and discounts this holiday season.

The products include food, beverages, gifts and “other home-holiday essentials.”

U.S. Thanksgiving is always the fourth Thursday in November. This year, it falls late in the month on Nov. 28, making fewer than usual shopping days between Thanksgiving and Christmas.

The National Retail Federation expects less of a booster shot to retail sales this holiday season than in 2022 and ’23.

A recent Bank of America survey also found that almost 60% of Americans plan to do more holiday shopping in discount stores this year.

Target also reduced prices on 5,000 other items in May. Walmart is selling an “inflation-free” Thanksgiving meal at $7 per person, which is cheaper than last year.

Clark loves the idea of shopping for discounted items on clearance after the holiday shopping rush. If the season is even slower for retailers than they’ve anticipated, there may be some spectacular deals post-holidays.

💸 Today’s Top Savings Rates

Check out our updated list of Clark.com-approved high-yield savings accounts with the highest rates. Here are the top five APYs on our list as of October 30, 2024.

📊 Stat of the Day

🍕100: Number of pies that a Sam’s Club pizza robot cranks out per hour at its store in Grapevine, Texas. It also uses a robot to scrub the floors as well as scanners and sensors to streamline inventory management and tracking.

💰️ Deal Alert: Today’s Top Deals
Halloween
Greece
🎙️ Podcast

Debt can cause so much distress in our lives. A recent report revealed that more than half of workers ages 18 to 43 say debt has impacted their career options. Clark explains how the choices we make in our 20s and 30s impact our lives. Also, used car prices have been coming down in 2024. Where’s the real deal? Used electric vehicles!

☎️ 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.

Did You Enjoy Today’s Newsletter?

Let us know what you think so we can better serve you!

Login or Subscribe to participate in polls.