The Clark Howard Podcast
The Clark Howard Podcast

06.24.26 An Education In Change / Should You Purchase A Warranty - Ever?

June 24, 2026

AI Summary

5 min read

“I was not a great student. School was hard for me.” That is how Clark Howard begins a story about founding an alternative school called Career Action when he was 23 years old, nearly 50 years ago. The school was a nine-hour-a-day, three-month boot camp for young adults who had not done well in high school or had dropped out. The curriculum was brutally practical: English, math, typing, 10-key machine operation, check encoding, manual bookkeeping. Clark ran it with “extremely strict rules” around timeliness, attendance, and attitude. Many students washed out. But for decades, the school worked. Then it closed after about 25 years, and Clark was no longer involved in its final phase.

The point of telling this story is not nostalgia. It is a warning about what he calls “static analysis”—the assumption that the way things are is the way they will stay. “The skills that we taught became irrelevant in a generation,” Clark says. “We cannot stay with what’s known as static analysis.” His lesson: the jobs and skills people train for today, whether out of high school, trade school, or college, may not exist in a generation. The only reliable strategy is to become a continuing lifelong learner who adapts to changing market conditions. He offers a vivid counterexample: his in-laws, both in their late 80s, recently traded a 15-year-old Lexus for a Tesla Model Y with full self-driving. The

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What you'll learn

  • 1 (01:52) **Career Action: Founding an Alternative School** - Clark shares the story of starting a boot-camp school for young adults who struggled in traditional education.
  • 2 (06:14) **Embracing Change: A Personal Example** - Clark’s in-laws, in their late 80s, bought a Tesla with full self-driving, using it for 94% of their driving.
  • 3 (08:23) **Listener Q: Splitting a Long Flight** - Bradley from Michigan asks how his wife, who dislikes flying, can get from Detroit to Tbilisi, Georgia for his son's wedding.
  • 4 (10:34) **Listener Q: Lawyer's Document Storage Fee** - Doug in Minnesota is being charged $60/year by his attorney to store estate documents.
  • 5 (13:30) **Listener Q: 401(k) vs. Rental Properties** - Adam in Ohio asks if he should stop contributing to his 401(k) to fund rental properties, assuming 10-12% market returns.
  • 6 (20:10) **The Case Against Extended Warranties** - Clark explains why extended warranties are a terrible financial product, using a Las Vegas comparison.
  • 7 (22:58) **The Best "Warranty" for a Car** - If you must buy a warranty, buy it from the manufacturer, not the dealer.

+ Full timestamped outline available in the app

Show Notes

Fifty years ago, Clark founded an alternative school called Career Action for adults who were struggling to find their path after high school. The program was intense, with long days, strict standards, and a focus on preparing students for the workplace. It was successful for decades—but here's what's remarkable: virtually every job skill that was taught eventually became obsolete. The lesson is more important than ever today: you can't stay static. Also, Clark explains why extended warranties are usually a bad deal for consumers. Whether it's electronics, smartphones, appliances, or cars, the math overwhelmingly favors the companies selling the coverage. Clark shares what you need to know about smartphone insurance, home warranties, and extended auto warranties—and the one exception if you're determined to buy coverage for your vehicle.

Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the June 24, 2026, episode of The Clark Howard Show. Submit your questions: Ask Clark.

  • Adaptation Education: Segment 1
  • Ask Clark: Segment 2
  • Warranty Decisions: Segment 3
  • Ask Clark: Segment 4

Mentioned on the show:

The Clark Howard Podcast