Show Notes
Apple device prices are soaring due to rising hardware costs, and their newest solution is to offer “forever leases” on iPhones, Macs, and iPads for a fixed monthly fee. While this subscription-style leasing model might make sense if you’re a tech enthusiast, it’s a dangerous financial trap for the average consumer. Before you fall for the low monthly sticker price—or get tied down by a carrier’s misleading "free phone" promotion—understand the long-term cost to your wallet.
On the savings front, everyday savers have a prime opportunity now to lock in high returns before interest rates drop. If you have cash you won't need for 1 to 5 years, Certificates of Deposit (CDs) are one of the safest ways to beat inflation. Clark walks us through how to easily purchase broker-placed CDs through top discount brokerages or reputable online banks, why you should strictly avoid giant mega-banks that offer virtually zero interest, and how to protect yourself from the predatory "auto-rollover" trap that slashes your rates the moment your term ends.
Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the August 12, 2026, episode of The Clark Howard Show. Submit your opinions or questions: Ask Clark.
Apple Trap: Segment 1
Ask Clark: Segment 2
CD Opportunity: Segment 3
Ask Clark: Segment 4
Mentioned on the show:
Should You Lease an iPhone Through Apple Upgrade?
Are Extended Warranties Ever Worth It? - Clark Howard
Get an electronic travel authorisation (ETA) to visit the UK
Eurostar.com: Book Europe Train Tickets and Holidays
When Do You Need a Travel Agent? - Clark Howard
Is Now the Time To Get a CD or a CD Ladder?
Certificate of Deposit (CD): What Is It, Best Places To Open One
CD Interest Calculator / What To Do BEFORE Your CD Expires
BBB-File a Complaint
How to Protect Your Wallet From Rental Car 'Gotchas' - Clark Howard
Should I Use a Credit Card or Give Up My Bank Account Info To Save 2.3%?
Clark.com resources:
Episode transcripts
Community.Clark.com / Ask Clark
Clark.com daily money newsletter
Consumer Action Center Free Helpline: 636-492-5275
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