07.13.26 How Much $ Is In Your Payment App? / Weddings: Less Is More Forever

2026-07-13

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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: