9.6.19 Clark creates a $500 savings challenge; Clark Stinks

Published: Sept. 6, 2019, 9 p.m.

b'We\\u2019re 10 years into economic expansion and people are still struggling. Most are in debt and unprepared for any unforeseen expense or emergency costing $400 or more. Hopefully, this economic downturn won\\u2019t turn into a full-blown recession, but we\\u2019re already getting calls from people who\\u2019ve been laid off. We are in a slowing time of uncertainty, so we need to prepare as we can. Recommendations for having 3 to 6 months of pay on hand are daunting and unrealistic for most. So start smaller with Clark\\u2019s $500 challenge. Think about saving $10 a week / $40 a month until you get to $500. Many online banks have no minimum, so put $ in regularly. Micro save. Take the baby step to begin creating some space in your life. If you\\u2019re living paycheck to paycheck with no cushion in your life, make this small start. What can you do to squeeze some money into savings? Get started small and keep building.\\nChrista reads listener posts about how Clark has missed the mark in his advice this week. If you have a "Clark Stinks" to share you can leave it here.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'