06.04.25 Executive Spotlight on Rx Prices / Workarounds For High Beef Prices

Summary

Summary of "The Clark Howard Podcast" Episode (June 4, 2025)

Title: Executive Spotlight on Rx Prices / Workarounds For High Beef Prices
Host: Clark Howard
Release Date: June 4, 2025

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Introduction

In this episode of The Clark Howard Podcast, host Clark Howard delves into pressing consumer issues, including the impact of President Trump's executive order on prescription drug prices and the soaring costs of beef. Alongside answering listener questions, Clark shares personal anecdotes that highlight the practical implications of financial decisions and lifestyle changes.

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Executive Spotlight on Prescription Drug Prices

President Trump's Executive Order Impact

Clark begins by discussing President Trump's executive order aimed at addressing the exorbitant prescription drug prices in the United States. He explains the dual nature of the order as both a "blessing and a curse" for drug manufacturers. While the administration targets high drug prices, it also scrutinizes Pharmacy Benefit Managers (PBMs), which Clark identifies as significant contributors to the inflated costs consumers face.

“[...] you and I end up paying more than we are as cash customers.”
— Clark Howard [02:30]

Understanding Pharmacy Benefit Managers (PBMs)

PBMs are intermediaries owned by insurance companies that manage prescription drug benefits for employer plans. Clark critiques their business model, highlighting how PBMs receive kickbacks and increase medication prices, ultimately disadvantaging the end consumers.

“Pharmacy benefits managers are taking these big kickbacks, raising the price of the med to you and me.”
— Clark Howard [04:15]

Consumer Strategies for Lower Drug Costs

Clark advises listeners to compare the costs of medications through their insurance plans versus paying cash. Using Costco as an example, he illustrates how purchasing medications directly can be significantly cheaper than through insurance-backed plans.

“I essentially never use that health plan benefit because it’s not a benefit to me. It rips me off.”
— Clark Howard [05:00]

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Workarounds For High Beef Prices

Surge in Beef Prices and Market Impact

Transitioning to the topic of beef prices, Clark expresses his astonishment at the record-high costs, citing a report from the Financial Times about the lowest beef supply levels since the mid-1950s. Factors such as prolonged droughts have drastically reduced the number of beef cattle, driving prices up.

“The average price of a pound of ground beef now $5.79. That’s a huge amount.”
— Clark Howard [18:30]

Personal Experience and Dietary Adjustments

Clark shares a personal anecdote about his struggles to purchase affordable beef for a family cookout, ultimately opting for cheaper alternatives at Aldi. He discusses the broader implications for consumers, who may need to substitute beef with other proteins like chicken or fish to manage their budgets.

“What you have to rethink is how much more you're going to spend on beef and what you're going to do about it.”
— Clark Howard [21:50]

Economic Indicators and Consumer Behavior

The host highlights how major chains like McDonald's are feeling the strain, with higher beef prices leading to decreased sales and a shift towards promoting chicken as a more cost-effective option. This trend reflects a larger shift in consumer behavior prompted by rising meat prices.

“It's not a deal right now with beef. And you got to rethink.”
— Clark Howard [22:10]

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Listener Questions and Expert Advice

1. Are Vehicle Warranties Worth Purchasing?

Question from Lucy in Florida

Lucy inquires about the value of purchasing extended warranties for vehicles no longer under manufacturer coverage. Clark advises against third-party warranties, citing poor reviews and the likelihood of denial during major repairs. Instead, he recommends extending warranties directly through the vehicle manufacturer, which offers more reliable coverage.

“The best thing to do is if you want to extend the manufacturer's warranty, you do so with the manufacturer itself.”
— Clark Howard [07:04]

2. Managing Unwanted Annuities

Question from Angie in Indiana

Angie seeks advice after being coerced into a $50,000 annuity by an insurance agent in 2004 and now contemplates her options 21 years later. Clark suggests evaluating the current value of the annuity, considering exchanges for better terms, and consulting with a fiduciary financial planner to explore low-cost alternatives.

“Find someone who will talk to you about annuities who will do so as a fiduciary.”
— Clark Howard [09:50]

3. Excess Liability Insurance and Asset Protection

Comment from Jerry in Connecticut

Jerry points out that in many states, IRAs and primary residences are protected against judgments, potentially reducing the need for extensive umbrella insurance. Clark acknowledges this but emphasizes the variability across states and the importance of consulting with estate and financial planners for personalized advice.

“IRAs in most places potentially are at least part at risk.”
— Clark Howard [12:13]

4. eBay Purchase Scams

Follow-up from Jan in Georgia

Jan shares a story about purchasing a dive computer on eBay that was never delivered to her address but to another in the same zip code. Clark discusses the prevalence of such scams, advising caution when dealing with sellers who have zero feedback and emphasizing the challenges of filing claims with eBay's money-back guarantee.

“When you’re buying on eBay and there’s zero reviews of a seller and it’s an item that is selling at what seems to be a really good price, you got to smell a rat.”
— Clark Howard [29:07]

5. Investing Through Robinhood App

Question from Kevin in Iowa

Kevin asks about the safety and pros and cons of using the Robinhood app for stock purchases. Clark reassures listeners about Robinhood's safety, credits the platform for popularizing commission-free trading, and recommends exploring their premium offerings for additional benefits.

“Robin Hood is completely safe to use. And it is a deal.”
— Clark Howard [31:56]

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Personal Health and Dietary Changes

Clark opens up about his personal health journey, sharing that he underwent a Transcatheter Aortic Valve Replacement (TAVR) in December 2023. This surgery necessitated significant dietary changes, including a shift towards pescatarianism to manage his heart health. He discusses the challenges of adapting to new dietary restrictions and the financial implications of choosing healthier, albeit more expensive, food options.

“I've had to really adjust what I eat. And I've learned I never was into fresh fish. And now I eat fresh fish all the time.”
— Clark Howard [23:50]

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Conclusion

In this episode, Clark Howard effectively navigates complex financial and consumer issues, offering practical advice and personal insights. From tackling exorbitant prescription drug prices and skyrocketing beef costs to addressing listener concerns about warranties, annuities, liability insurance, online scams, and investment apps, Clark equips his audience with the knowledge to make informed financial decisions. His candid discussion about personal health and dietary adjustments further humanizes the financial advice, illustrating the intertwined nature of health and financial well-being.

Listeners are encouraged to engage with Clark through his platforms, such as Clark.com and ClarkDeals.com, to access resources that empower them to save more, spend less, and avoid rip-offs.

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End of Summary

Transcript

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[Clark Howard]

It's my pleasure to welcome you here to the Clark Howard show where our mission is to serve you with advice and information that empowers you so you make better financial decisions in your life. And remember, we're here to serve you day and night, 24 hours a day, seven days a week, 24, 7, 365. We're there for [e-mail] and ClarkDeals.com Speaking of deals, prescription drugs no deal or deal. We're going to talk about what we're going to see moving forward as a result of President Trump's executive order on prescription drugs. And speaking of prices, I'm going to talk about the sticker shock from the price of beef right now. Ugly. I'll share a real life example with you when I talk about that. So the President issued an executive order that was both a blessing and a curse for drug manufacturers. You know, we pay the highest prescription drug prices in the world in the United States, much, much, much higher than anywhere else. And I've talked all kinds of strategies about getting prescription drugs, particularly in Canada, for Americans instead of buying them here in the United States. And the President, what did he say there was a blessing and a curse for drug manufacturers. He was beating up drug manufacturers for how much more drugs are in the United States. But he was also taking direct aim at one of the biggest rip offs in the United States health care market and it's known as pharmacy benefit managers PBMs. If you have any kind of drug benefit from the place you work, you almost certainly have that drug benefit through a pbm. These are organizations owned by insurance companies that live off of kickbacks that they get for the prescription drugs fulfilled through them, through the. For the employer plan. Employers sign up for these PBMs because they think it's the cheapest way for them to provide a benefit to their employees. But the employees end up getting ripped off again and again because the pharmacy benefits managers are taking these big kickbacks, raising the price of the med to you and me. And you and I are paying more than we are as cash customers. Which is key to what the President talked about is for people who pay cash for drugs getting lower prices than people who have insurance plans. Okay? So think how weird that is. You think of having insurance as a way that you end up having to pay less money. But in the upside down world of health care and insurance companies and pharmacy benefits managers, you and I end up paying more most of the time for our prescription drugs under most employer plans, using the insurance instead of just paying cash. I fill almost every prescription I have through Costco. Why? Because Costco marks up meds no more than 14%. So the Costco price on prescription drugs is so crazy cheap that it's cheaper than I can fill through the drug plan I have with my insurance. So I essentially, basically never use that health plan benefit because it's not a benefit to me. It rips me off. And so who knows how this is all going to play, because a lot of the things the President did in this executive order really are just like using the bully pulpit of the White House, of the Oval Office. They don't have force of law. That's up to Congress to implement some of the things or whatever they would choose to, of what the President was talking about. But what he did talk about that you need to know is you need to comparison shop what you have to pay for a med through your work plan versus what you would pay just paying cash. Now, as many people have said when I talked about this last year, is that, well, I'm not running these prescriptions through my drug plan, which eventually will help me with my drug plan, because I'll meet whatever deductible there is in it. And if you're in a situation like that, then you ignore what I'm talking about. But for most people, what I'm doing is the best thing. Just paying direct, paying cash. And by cash, I don't mean cash specifically, Chris. I mean pay with self. Pay Costco. Yes, I use. What do I use?

[Co-host]

At Costco, of course, use your Costco.

[Clark Howard]

Costco, Costco Visa card, and get an additional 2% off the already cheap price.

[Co-host]

All right, well, 2% back, right, 2% back. All right, we'll go to some questions. This one's from Lucy in Florida. Is it a good idea to purchase a warranty from companies that offer coverage for your vehicle that's no longer under warranty?

[Clark Howard]

So, no, Lucy, almost without exception, the companies that market so heavily on television, they're, they're running these ads all the time for you to buy their extension or service contractor warranty on your vehicle. They make it look so impressive. But then if you go look online for reviews, you'll find that people repeatedly are left hurt. They paid all that money for that extension of a warranty from these third party companies. And then when the chips are down, something really bad happens with their vehicle. They don't pay. The way it tends to work is when you buy one of these third party warranties for minor things, they'll do those because, you know they're not enough money. But when it's a big thing, they stall. They stall, they stall or they ignore. The other problem in the industry that happens repeatedly when you buy an off brand extension of a warranty from a car dealer is these are sold is what are known as packs to the dealer. What's a pack? So they'll sell you something for 20 $500 that the dealer may be paid 150 bucks for. There's no way they can insure a car, you know, the repairs a car would need for 150 bucks. Right. So you're in a position where you paid these thousands of dollars, the vehicle breaks down and it turns out the company is long gone that the dealer sold you the warranty from. So the best thing to do is if you want to extend the manufacturer's warranty, you do so with the manufacturer itself because then you've got the manufacturer providing that warranty to you that is so superior to any of these third party warranties. And there may be somewhere hiding in some cave, a third party warranty. That's okay. I just haven't seen it yet.

[Co-host]

Okay. Angie in Indiana wrote in with this one. I was talked into an annuity from my insurance agent in 2004. I didn't have a great feeling about it since it was a mandatory buy in for $50,000. And I said no, I could do $20,000. And he said since he was looking out for me, he could override it as a favor. I called two days later and tried to cancel and he talked me out of it. So now in 2025 he is retiring. I hadn't thought about it until I started listening to your podcast. What can I do now, 21 years later to benefit me?

[Clark Howard]

Okay, this is a great question. So you've been in this annuity for 21 years, so you're past any what are known as surrender charges, meaning that you don't have to pay a penalty for exiting. From this first question I'd have is what's it worth now? Has it increased a meaningful amount from the 20,000 you put in? If it has, then maybe your return has lagged where I'd want you to be, but hopefully it is worth a lot more than 20,000. You can at this point, you're obviously still working, Angie, or you wouldn't be talking. You're not asking me how do you use it now in retirement? You can exchange it for a better annuity. Potentially. The hard part is finding somebody who will talk to you about annuities who will do so as a fiduciary. Fiduciary means somebody who's not a commission salesperson, but somebody who is knowledgeable and can place you in one commission free. That would be an appropriate replacement for this one because once you're in an annuity, basically you're in it. So I would like you to go on clark.com and look at our guide on finding a fiduciary someone who legally is bound to do what's right for you instead of what lies their pocket and find out the proper exit strategy into an ultra low cost replacement for this thing you've been in 21 years.

[Co-host]

Okay, and this is from Jerry in Connecticut. Clark answered a question regarding excess liability insurance umbrella. Clark gave good advice to the person with three and a half to $4 million in assets. And we would all be wise to protect ourselves against schlocky attorneys looking for deep pockets to go after. However, he didn't mention that in many states, IRAs, even Roth IRAs, and primary residences are protected against such judgments. In many cases, this would reduce the need for umbrella coverage by 50% or more, depending on one situation. In my case, it's 75% of assets.

[Clark Howard]

Jerry, what a good point. And you know, Connecticut is one of a handful of states that provides near solid protection from lawsuits for IRAs. That's not generally the case across the country. So IRAs in most places potentially are at least part at risk. And oddly enough, there are some states that haven't updated their protections for IRAs to include specifically Roth IRAs, where they have old statutory language that protects from lawsuits, traditional IRAs, but not Roth. So this is a dicey area. If somebody has millions of dollars in assets, though, you're going to know the answer this way because you're going to have sought out the services at some point of a lawyer who specializes in wills, estates and trusts to make sure your will is done properly to minimize tax exposure and risk at the time you die, will know what the use of trust may be or llc, and your overall financial picture. And they would also at that time be able to give advice specific to your state about what Jerry's talking about, about your risk as somebody with a large amount of assets to having any of that money at risk from lawsuits. I had talked, I think two, three years ago, I talked about a doctor whose daughter was in an at fault accident where the doctor had bought minimal liability coverage on his vehicles and ended up personally bankrupt from the judgment from court against his daughter, which ultimately was against him because she was a minor from the accident. Liability coverage is very important as what I call a success tax. If you are in a position where you have a great deal of assets and in your case, Jerry, you're talking about, you're not at risk as a resident of Connecticut, what happens if you later in life move somewhere else in the country, you decide to move who knows where, then you got to reevaluate that and make sure that you are as protected in the future as you are right now. But I appreciate so much you pointing out that I ignored the shield that might be there in place in some places for IRAs. I should also mention 401ks around the country have more protection as a general rule than IRAs from judgments coming after that money coming up ahead. Oh boy, beef prices are going crazy. It's a real incentive suddenly to become a vegetarian. I'll tell you what's up.

[Don McDonald]

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[Clark Howard]

This episode is brought to you by Discover. Hey listeners, bet you didn't know that Discover is accepted at 99% of places that take credit cards nationwide. You know what's a little less accepted? Taking financial advice from random usernames and avatars you found on some forum. That's just sketchy. No offense to all the finance bros out there on the Internet, based on the February 2024 Nielsen report. Learn more at discover.com credit card Ryan Reynolds here from Mint Mobile. I don't know if you knew this, but anyone can get the same Premium Wireless for $15 a month plan that I've been enjoying. It's not just for celebrities. So do like I did and have one of your assistant's assistants switch you to Mint Mobile today. I'm told it's super easy to [e-mail] Switch upfront payment of $45 for 3.

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[Clark Howard]

Fees, extra fee, full [e-mail] so I was teasing just moments ago about it would be a great moment in life for me to become a vegetarian. I'm not that direction, although I am very much. Is it called a pescatarian now? Since I had my aortic valve replaced, Fish has become a very important part of my diet to keep me ticking, to keep me alive. But I about passed out when my wife Lane sent me out weeks ago for a family cookout to buy ground beef for the cookout and right after that I see a story in the Financial Times that the cost of beef has hit record highs in the United States, it's because the amount of beef available has reached its lowest level. And how long since the mid-1950s. Can you imagine? Think how few people lived in the United States 70 years ago. A fraction of the population we have now, which I think is somewhere around 340 million. And the beef supply is lower now than it was in the mid-50s. It's because of multiple years of drought in the mountain states in the west. And so the number of beef cattle way, way down. So the average price of a pound of ground beef now $5.79. That's, I mean, that's a huge amount. And steak, unreal. So I go to Costco to buy beef for this family cookout. And I was supposed to buy ground beef, but there was a sign, there was a special deal for that weekend on filet and do I love filet mignon. So I go over and one pack of filets and it wasn't that big, was $70, $70. And then at the checkout I'd get $10 off. I was like not doing it. So I ended up going to Aldi because I'd read a review about these Aldi Smash burgers they're selling and they were so good and they were a lot cheaper than they were in a regular supermarket, but they were still a good amount of money. So think about this. When you look at the advertising that the hamburger chains are doing, what are they all pushing right now? They're pushing chicken. They're pushing chicken so much you think they were chick fil a. So that's what people do. Just as the restaurants are product substituting chicken promotions for beef promotions. That's what we do in our own lives is we eat more fish or we eat more pork or we eat more chicken. It's like a chick fil a slogan, eat more chicken. Anyway, we change what we consume. And that's what this is going to require. Because the cost of beef going crazy. McDonald's reported really bad numbers for the first sales numbers for the first three months of this year. And it's because they're on a cost squeeze that the McDonald's target customer is looking for a deal when they walk into McDonald's. And a non deal deal is when you have to pay a value menu price or a value meal price more than 10 bucks. What people in their minds expect they're going to pay five or six bucks for is now over ten. So that's the deal is it's not a deal right now with beef. And you got to rethink. Eventually herds rebuild, supply becomes more plentiful. But that's going to take time. In the meantime, you got to protect your wallet. And Krista, I know you think the whole lesson I should take from this is being a vegetable tarian.

[Co-host]

No, that's not true.

[Clark Howard]

Not true?

[Co-host]

No. I'm really a pescatarian too. But I mean, I don't think red meat's necessarily bad. And I think I'm going to go into it. No, I love that Aldi does sell grass fed red meat, which a lot of people think is a better choice.

[Clark Howard]

Now you've always talked about grass fed.

[Co-host]

Yeah.

[Clark Howard]

Versus what, what do you feed?

[Co-host]

Like cattle, other corn and all sorts of that kind of thing. So that's bad to make them grow fast. I don't know. I'm no scientist, like I've said, but might as well let you know. It just seems right that they should graze on grass. Right?

[Clark Howard]

Yeah. So. So I got to talk about how I've had to change my diet. If you're not aware, In December of 23, I had life saving surgery. I had something called a tavr where I had a defective aortic valve from birth. And finally it gave up and I was dying and so I had this operation and then I got two diet lists. One, the things I couldn't eat, which was page after page after page after page. And then the things I could eat, which was this really short thing. Short, short it was. That was like a pamphlet. The other was like a book. And so I've had to really adjust what I eat. And I've learned I never was into fresh fish. And now I eat fresh fish all the time and I've learned to really like it.

[Co-host]

That's great.

[Clark Howard]

And you know, I used to love going to Chick Fil A and have a Chick Fil A sandwich. I can't do that anymore because it has more sodium in one sandwich than I'm allowed all day. Sodium is deadly for my valve. And so now I eat the Chick Fil A grilled chicken sandwich, which at first, you know, being so oriented towards fried food, having to get used to something that was grilled took a minute. But now I really enjoy eating it. Everything about except it's $2 more for that than it is for the original.

[Co-host]

But certainly, certainly healthier. Not just the sodium, but having it grilled instead of fried. So that's great.

[Clark Howard]

Fried isn't automatically good for you.

[Co-host]

So I did bring you in, you know, Costco. I'm sorry, I'm going On so long. But Costco has a Kirkland signature, like, organic no salt spice, which I think is delicious. And I brought you a little of it. Did you try it?

[Clark Howard]

I forgot all about that.

[Co-host]

It's good. I put it on my eggs.

[Clark Howard]

I forgot.

[Co-host]

Speaking of not being a vegetarian. All right.

[Clark Howard]

You were for a while, weren't you?

[Co-host]

I was never a full. No, full on. I mean, eggs aren't vegetarian. I've always eaten eggs, so. All right, now we're going to get to the questions. I am really sorry, everyone.

[Clark Howard]

No, no. I just want you to think how many things we just talked about that people are going to submit as Clark stinks. Either about me or you. I know from us talking about food. Every time we talk about food, we get a lot of Clark stinks. If you want to post one, go to clark.com clark stanks.

[Co-host]

Come at me. All right, what about me? No, I think I deserve it. LJ in Illinois says I'm in my late 60s, in relatively good health, and for all intents and purposes, an elderly orphan. I do have some family, including a son who lives in another state but has been estranged from the family for many years. That's too bad.

[Clark Howard]

I'm really sorry about that.

[Co-host]

I currently own a home with a remaining mortgage of about $90,000, along with sufficient financial assets to. To last beyond my living years. My question is, because I do not want to leave any portion of my estate to any of my family members, can I arrange to have my home and possessions, along with any other assets left to a charity of my choosing? I've already contacted a couple of attorneys, but was informed they do not provide a service where they handle the distribution, packing and selling of property. If I leave a will naming a charity as beneficiary, will the charity manage everything I leave behind? And this isn't. I have to say, sadly, LJ is not the first person we've heard from in this situation. Like people write in, you know, at least I'd say once every couple of months, saying they aren't sure what to do and they don't have any heirs.

[Clark Howard]

Right. So, lj, you must have in mind some favorite charities. And if you do, you want to contact the charities, the charity that you'd like to leave your home and possessions to, not your money specifically, but your home and possessions, and tell them, here's the deal. I want to name you as my heir. You'll have to make arrangements to pack and sell my stuff off and do all those things in return for receiving my house and my Possessions and you'll have cherries will say, okay, we can handle that. And others, it'll say, well, that's very nice of you. We don't have that capability. You want to interview the charities that you're thinking of donating to at time of your passing and see how they feel about this and do they have that capability? You're not going to have a lawyer who's going to do that for you. It'll be a charity that they might hire an estate sales specialist to sell off things or whatever. There are these companies that sell off possessions more than just you think of with a simple estate sale where they handle the inventory, they handle everything. And so you do that and then you have a lawyer prepare the will naming those organizations as beneficiaries. I want to make sure though, that you also, you say you have enough assets to make it the rest of your days. I'd like you, if you've got serious assets, I'd like you to sit down with a financial planner, a fee only fiduciary financial planner, and make sure you have enough assets in the event you need care in your home or you need assisted living or anything like that. Do you truly have enough money to carry you through a period of your life where you might need extensive care?

[Co-host]

This is from Jan, Georgia, and he's following up on Christopher in Florida's question. On the podcast, he says, I had a similar issue where I bought an expensive item, a dive computer on ebay from a seller with no feedback. Red flag. I got shipping information and got notice that it had been. It had been delivered, but it was not delivered to my address, but another address in the same zip code. Long story short, the seller used a tracking number from an Amazon package going to the same zip code.

[Clark Howard]

But this was an ebay.

[Co-host]

Yeah, it was an ebay purchase, but they used a tracking number from Amazon package that was going to the same zip code. After reporting the issue and going to the post office, I was able to find out the actual address associated with the tracking number. I actually spoke with the residents at that address and they confirmed that they receive a lot of Amazon packages, but they were all computer parts. No dive computer. My speculation is that it may be possible the scammer either works at Amazon or has a friend that works at Amazon and they can look up shipments going to the same zip code to assist in the scam. I later saw the same item with the exact same pictures on other ebay auctions and the sellers on those also had zero feedback. If you're going to file a claim against ebay's money back guarantee. Wait until the last possible date to file any chargebacks on your credit card. Once a chargeback is filed, ebay will wipe its hands of the whole issue and nullify any money back guarantee claims. It's in those terms of the guarantee.

[Clark Howard]

Okay, this is phenomenal because when we took that question before, we were like, what in the world is going on? And you playing detective, figuring out what the scammers are up to. And it's supposition that it's insiders at Amazon creating this theft cycle. But this is really crazy. And I think the most important thing that we heard from both posts is that when you're buying on ebay and there's zero reviews of a seller and it's an item that is selling at what seems to be a really good price, you got to smell a rat. You got to be really, really careful. And you have helped a lot of people here, both of you who posted by pointing out that this is a ongoing scam activity involving purchases on ebay. Now let's go to the ebay guarantee. The ebay guarantee sounds very impressive. It's very bureaucratic. You have to be very persistent to be successful with a claim on ebay against their guarantee for failure to receive goods. And especially in a case where something shows delivered ebay treats you, in my opinion, is guilty till proven innocent. So you have to be very politely persistent with ebay to get them to honor their guarantee. Wow.

[Co-host]

And this is from Kevin in Iowa. What are the advantages and disadvantages of purchasing stocks through the Robinhood app? Are these investing apps safe?

[Clark Howard]

Robin Hood is safe. Robin Hood has been a disruptor. And Robin Hood is who you can thank for why so much Stock trading now is free. They're pretty much a break things kind of company Silicon Valley kind of, hey, let's try this, let's try that. And some of their ventures have not worked out so well, but Robin Hood is completely safe to use. And it is a deal. Using Robin Hood for people use it a lot. Using their premium offering is a good idea because of all the additional benefits you'll get from them, including really good rates on savings and eventually on a checking account or something like a checking account from Robinhood. Speaking of investing, we're out of time on today's podcast, but I wanted to mention again my longtime friend and colleague Jonathan Clements, who was the personal finance writer for the Wall Street Journal forever, who wrote in such a clear way that from novice investors to very sophisticated investors learned column after column from him. He has terminal cancer and he's come up with a plan to turn our kids into lifelong savers and investors. And so he's got a new book out where in his book you're able to read his most important columns that he wrote through the years. It's great for adults, but it's really designed for younger, early investors to become smart at how they handle their money. Not just investing, but through their lifetimes and every day. It's called the Best of Jonathan Clements classic columns on money and life. You can buy it right now on Amazon, assume it will be other places. And you're going to love this. I love this. All the proceeds from the book are going to fund the Roth IRA project. See, I've always said I was the man from Roth, but maybe Jonathan is the man from Roth. And it's all about getting people in the mindset from when they very first start working to put money into a Roth IRA for tax free growth. Tax free spending way down the road. And Jonathan is somebody I'm gonna miss because not only has he been a great writer, he's a phenomenal person. Thank you so much for joining us today. You know, what we're devoted to every day is you learning ways to save more, spend less, and avoid getting ripped.