Bottom-line, companies want your money. Businesses in almost every industry are finding ways to slip in extra charges on your bill that separate you from your hard earned income. We are getting mislead on the real price of things and are being systematically separated from our money. My New Year’s resolution is not to lose weight or exercise more, but instead, it is to avoid getting ripped off by these bogus fees. Here are some examples along with some ways you can keep from getting ripped off.
Can anybody reading this completely understand their cell phone or regular phone bill? The example that burns me is the cell phone contract. You have to sign up for a 2 year contract, and will have to pay a large early termination fee if you don’t stay the length of the contract. OK, clear enough, but now many cell phone companies have instituted a ‘Handset Upgrade Fee’ which means that even if you stay with the company for the length of your contract, you are going to have to pay this upgrade fee. So in essence you lose either way. Watch out for these hidden fees that are often buried in the fine print so small you need a microscope to read it. Be aware.
I rented a car a couple months ago thinking I was paying $30 a day for 3 days. So I figured my total bill would be around $90-$100. I return the car to the airport and my total bill is $140, due to all of these ridiculous taxes and fees. I mean come on, a Vehicle License Recovery Fee, are you kidding me? So let me get this straight, I can rent the car but the license is extra. What a joke.
Please let me know any tips that I missed by leaving a comment. One way to avoid getting ripped off is by using a coupon on your purchase. With that in mind, here are some of the better online coupons on my website right now. Thanks Lynnae for letting me continue to contribute to BeingFrugal.net in 2010!
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I'm just an average mom, trying to live a frugal life and get out of debt. I write about things that have (and haven't) worked to improve my family's financial situation. What works for me may or may not work for you, and you should always consult a financial advisor before making important financial decisions.
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