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- Clark Biweekly 10 31 24
Clark Biweekly 10 31 24
Anthony Hazzard
October 31, 2024
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Have your eye on a Peloton but the cost is just out of reach? Good news! One of our favorite stores will be selling them for 3 months. Find out which store and what the mark down is later in this email.
💵 Today’s Top Stories
 | Spam text messages are annoying – and potentially dangerous. Here’s how to report and stop them from attacking your phone. Read more. |
 | Dying or getting divorced doesn’t always absolve you of your credit card debt. Here’s what happens – and who has to pay. Read more. |
 | Flights are crowded and expensive these days due to huge demand. Thankfully, discount airline options are plentiful. Here’s what we think about these five relatively new ones. Read more. |
 | Want a budget-conscious free TV streaming service and don’t care about sports and news? This service, which Clark likes, now offers more than 100 free channels. Read more. |
 | Americans collectively have misplaced more than $1.6 trillion in retirement account funds. Here’s how to check to see if any of that money is yours. Read more. |
🚵 Surprise: Costco To Sell Peloton Bikes
Peloton is turning to an unlikely source to save its sales. That’s right: Costco, baby!
Starting tomorrow, Costco will sell Bike+ in 300 of its U.S. stores for $1,999 and on Costco.com for $2,199. The deal will last 3.5 months.
Yes, that’s quite expensive for a glorified stationary bike (with software attached). But it’s also marked down from the typical price of $2,495. The deal also includes a 48-month warranty, four times the typical Peloton warranty.
Since a high point during the pandemic, Peloton has tanked, leading to a string of negative headlines.
According to CNBC, the exercise company is banking on young, affluent customers to buy via Costco. Roughly half of Costco’s new memberships in 2023 came from people younger than 40 years old. And 36% of Costco members have a household income greater than $125,000.
📊 Stat of the Day
💰️ Deal Alert: Today’s Top Deals
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🎙️ Podcast
Saving money for college isn’t always easy. Clark explains why he loves 529 plans – and the number one mistake people make when choosing a 529 plan. Also, car insurance has been crazy expensive for the last few years. But there’s finally good news for our wallets!
☎️ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
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