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Podcast: The Clark Howard Podcast
Episode: 11.03.22 Bonds Update / Saving LESS + Spending MORE = Bear Trap
Description: I Bonds aka Inflation Bonds have reset. Recently there was a land rush on I Bonds, offering a rate over 9%. The interest earnings rate is reset every 6 months based on an inflation measurement index. Clark explains the new structure and rate, and why I Bonds remain the best place to park savings. Also - In the pandemic wake, discretionary revenge spending has resulted in shocking numbers for both how much saving is down and credit card debt is up. Clark has an at home test that acts as a truth serum to guide spending. Â
I Bonds Update: Segment 1
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