Full Show: Don’t Make This “Trump Account” Mistake and Lock Your Phone Number Today | Clark Howard Video
The new "Trump Accounts" for newborns offer free money from the government, but should you contribute your own funds? Clark breaks down the pros and cons, revealing a crucial mistake many parents might make with these new savings accounts. Also, learn about the alarming rise of SIM swapping scams and the one critical step you need to take today to prevent criminals from stealing your phone number and your money.
Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the August 6, 2025, episode of The Clark Howard Show. Submit your questions: link
00:00 - Intro
00:46 - Don’t Make This “Trump Account” Mistake
04:25 - Should college kids have separate auto insurance policies to reduce liability risk? (Lawrence in WA)
06:01 - Is it smarter to use savings or home equity to pay for a basement remodel? (Steven in MN)
08:27 - Can paying off credit cards before the statement date hurt your credit score? (Jerome in ME)
11:00 - Lock Your Phone Number Today
15:42 - Will aging baby boomers eventually lower U.S. home prices? (Rob in WA)
20:41 - Is wedding insurance worth it—especially during hurricane season? (Joy in NC)
23:09 - Can you really lose money in a Fidelity government money market fund? (David in IL)
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