Stat of the Day 4%: The average pay raise that U.S. employers plan to offer their workers in 2023. The inflation rate was 8.5% in July according to the Consumer Price Index.
Team Clark Survey Results! This week, we asked you to share how much money is "enough" money. Here are a few responses that we received:
Mark in Florida: "$4 million. I'm 70 and plan to live 20 more years hopefully. My wife is 60 and should live 30 more years. I have more than that now, but who knows what illness or calamity could befall us and we need to be prepared."
David in Florida: "$80,000 per year. I'm 87 and my wife is 84. In addition to our living expenses, each year we like to send our children and their spouse all together on a two- to three-week tour to different places. We've been able to do this the last 11 years and they all enjoy the tours and being together."
Stacey in Iowa: "My wife and I just retired at 54 years old. We have a brand new house on our dream 25 acres and have $3.5 million in our 401(k). We want to live on $100K a year. We're in this position all because of Clark. We listened to him for 25 years."
Mike in Florida: "Not enough money in the world. Because I want to live forever. Sorry, but I don't want to be the richest guy in the graveyard!"
Teen Jobs and Gym Membership Deals What's your teenager doing after school or during the summer? If it's not working, Clark has some key advice you should know. Also, there's a new wave of deals for gym memberships right now. Is it time to join?