What is the bottom line in being a smart financial services consumer? Reading the fine print is basic. It’s not complicated when you bother to read.
Another is remembering that there is no such thing as a free lunch in life. You pay for what you get. In one form or another.
Also be sure you figure out what you are getting that is supposedly free. Figure out comparable cost to see what you are getting and what you will pay for, in return for something better. Take the time to put pencil to paper and use a calculator when necessary. Most times you don’t have to be a math whiz.
Above all. remember that politicians give you nothing free. Anything the government gives you is your money–either in the form of direct or hidden taxes you pay, or cheaper, more worthless currency down the road.
Unfortunately, too many politicians make an art of getting votes on the premise that all of you are looking for that free lunch, all the time.
Friday, August 14, 2009
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