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Stories for Wednesday, February 20, 2008
U.S. Airways devalues frequent flyer miles
Clark has a longstanding beef with his nephew David, who is addicted to frequent flyer mileage programs and jumps through all kinds of hoops to accumulate miles. Here's what David doesn't understand: There's an industry-wide trend of airlines devaluing frequent flyer miles. U.S. Airways is just the latest example; they're ...
Websites/phone numbers mentioned:
Clarkhoward.com - Clark's recently updated 529 plan guide
Seniors targeted for modified reverse mortgages
RIP-OFF ALERT: Clark gets very steamed whenever he hears about children or seniors getting ripped off. Here's a scenario that affects the latter group: Clark has been getting a lot of reverse mortgage questions. Reverse mortgages offer a way for retired folks who are running out of cash to be ...
Riding out the 529 plan slump
Parents across the country are freaked out over their 529 statements. They're seeing balances shrink because they may be heavily invested in the volatile stock market. Do not do stocks when your kids are teens -- that's like playing with fire. Note that doing a 529 plan and picking mostly ...
Clark becomes a casualty of the hi-def DVD format war
Clark sometimes gives advice on air that he doesn't take -- and then he gets hit with the consequences. Here's an example of his self-proclaimed financial stupidity: Clark predicted that there would be a big push during the Christmas shopping season for hi-def DVD players, either Sony's Blu-ray or Toshiba's ...
