Podcasts · The Clark Howard Podcast
07.13.26 How Much $ Is In Your Payment App? / Weddings: Less Is More Forever
· 28 min
Episode 07.13.26 How Much $ Is In Your Payment App? / Weddings: Less Is More Forever
Use payment apps? How much? Clark has a major warning about a serious financial risk hiding in plain sight: storing your hard-earned cash inside payment apps like PayPal, Venmo, or Cash App. While these platforms are convenient for sending money, a shocking number of people use them like regular bank accounts to store large sums of money. Therein lies a dangerous reality that could cost you plenty. Also, millennials are rethinking life milestones, especially when it comes to weddings. A recent story of a beautiful $5,000 wedding proves that you don’t need to bury yourself in debt to celebrate love. If you want to spend a fortune and you have the cash, go for it—but if you want to start your marriage on a stronger financial footing, younger generations are proving you can have an unforgettable, gorgeous wedding at a crazy inexpensive price.
Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the July 13, 2026, episode of The Clark Howard Show. Submit your questions: Ask Clark.
• A New Payment App Warning: Segment 1 • Ask Clark: Segment 2 • Affordable Weddings: Segment 3 • Ask Clark: Segment 4
Mentioned on the show:
• Storing Cash in PayPal, Venmo or Cash App Carries Hidden Risks, CFPB Says • Safer Ways To Send Money - Clark Howard • Who Should Consider Setting Up a Trust? - Clark Howard • Car Rental Insurance: Everything You Need To Know - Clark Howard • Car-Rental Insurance and the Collision Damage Waiver (CDW) • Clark Howard's Guide to Saving Money on Your Wedding • Should I Borrow Money To Pay for a Wedding? - Clark Howard • 6 tips for a more affordable wedding - Clark Howard • The Costco Price Secret Almost Nobody Knows - Clark Howard • Are Airline Ticket Consolidators a Good Way To Save Money on International Flights?
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. Visit megaphone.fm/adchoices
Links in the notes 19
- https://www.kiplinger.com/personal-finance/spending/storing-money-in-paypal-venmo-or-cash-app-carries-hidden-risks-cfpb-says?utm_term=4A2D071D-E9B2-45C6-8ACA-619D0608327A&lrh=72f38a53da1d858f1a5e4054a55410d9173306dca3f7de1790f09727af0cd14d&utm_campaign=231AB69E-1652-46EB-A977-6F2C6C998083&utm_medium=email&utm_content=1BFF7B08-B678-47DE-843B-46872B51B521&utm_source=SmartBrief
- https://www.reuters.com/markets/on-the-money/a-5000-wedding-shows-how-millennials-are-rethinking-life-milestones-2026-06-06/
- https://clark.com/ask
- https://clark.com/personal-finance-credit/safe-ways-to-send-money/
- https://clark.com/family-lifestyle/wills-funerals/should-i-set-up-a-trust/
- https://clark.com/travel/should-i-buy-insurance-rental-car-company/
- https://www.ricksteves.com/travel-tips/transportation/car-rental-cdw
- https://clark.com/family-lifestyle/clark-howards-guide-to-saving-money-on-your-wedding/
- https://clark.com/personal-finance-credit/should-i-borrow-money-to-pay-for-a-wedding/
- https://clark.com/family-lifestyle/ways-to-save-affordable-weddings/
- https://clark.com/shopping-retail/warehouse-clubs/costco-price-adjustment/
- https://clark.com/travel/are-airline-ticket-consolidators-a-good-way-to-save-money-on-international-flights/
- https://clark.com/
- https://app.podscribe.ai/series/3743
- https://community.clark.com/
- https://clark.com/ask/
- https://clark.com/newsletters/
- https://clark.com/about-consumer-action-center/
- https://megaphone.fm/adchoices
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