2. Extended warranties
You’re about to make a major purchase and the clerk is trying to sell you an extended warranty. Should you say yes? In most cases, you shouldn’t pay for this extra service but it depends. Generally, extended warranties tend to cost more and the price isn’t justified.
However, some fragile and complex products may need it, but it’s up to you to decide this. Do some research to see what exactly implies the warranty coverage. For instance, you can pass up the extended warranty for a microwave, but you may consider having one for the refrigerator since its ice machine gets heavy use.
3. Expensive home exercise equipment
Some people think that having your own exercise equipment at home helps you to work out more often. No matter if it’s rainy or cold outside, you just have to change into workout clothes and start burning some calories. Simple as that, right? The thing is, many folks are buying their own expensive treadmills or elliptical machines thinking that they will be worth the money. But that’s rarely the case. Only a few are the ones who really use their home exercise equipment.
If you absolutely need a big, pricey exercise machine, consider purchasing a used one. Many other buyers have gone down this road before you and are willing to dump their mistakes for less money.
