About this episode

Clark Howard discusses the risks of storing money in payment apps and the trend of affordable weddings among millennials.

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…

People in this episode

Host: Clark Howard

Topics covered

• payment apps
• financial risks
• affordable weddings
• millennials
• money management

Keywords

• payment apps
• financial risk
• weddings
• millennials
• money management
• affordable weddings
• debt

Mentioned in this episode

Organizations: PayPal, Venmo, Cash App

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• 07.15.26 Clark Discredits a Long-Held Credit Card Myth / SCAM WARNINGS · July 15, 2026 · 34 min
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