In an ongoing breach of ethics to the lasting detriment of consumers, many subscription services make it virtually impossible to cancel. So there’s something you need to do before signing up for anything. Also - Clark breaks down IRS reporting requirements on payment apps -which aren’t becoming more stringent after all. If you’re a vendor, small contractor or do business via payment app, know what will trigger a 1099.
Click To Cancel? We Wish: Segment 1
Ask Clark: Segment 2
Payment Apps & 1099s: Segment 3
Ask Clark: Segment 4
Mentioned on the show:
One Tech Tip: 'Click-to-cancel' is over, but there are other ways to unsubscribe
Cash Envelope System: How It Works
Budgeting & Saving Archives - Clark Howard
How To Take Your Score from ‘Good’ To ‘Exceptional’
Credit Karma Review: Free Credit Score and More at Your Fingertips
Two tax reporting changes on tap for businesses, freelancers and payment apps like Venmo
How to Start Investing: 10 Steps for Beginners
Clark.com resources
Episode transcripts
Community.Clark.com / Ask Clark
Clark.com daily money newsletter
Consumer Action Center Free Helpline: 636-492-5275
Learn more about your ad choices: megaphone.fm/adchoices
Learn more about your ad choices. Visit megaphone.fm/adchoices