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Finance For Dummies

Finance For Dummies offers personal finance information on investing, retirement investing, finance, insurance, credit cards, loans and more. Personal finance education is our goal.

Monday, October 16, 2006

Warranties

Sometimes warranties are a good thing and sometimes they are a rip off.

Did you know that a major portion of Best Buy's revenue is from selling warranties?

Ask yourself:

Have you ever had the opportunity to use a warranty you purchased?

Have you ever followed up on a warranty?

Have you had a good experience with a warranty?

Typically warranties are not a good deal, but people like them becuase it gives them peace of mind, but oftentimes if you purchase something with a credit card and it does not work or is broken you can get it replaced. Do you homework and make sure it is truly worth your money.

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