Friday, 1 October 2010

Six situations where you should gladly overpay (Part 5 of 6)

Ideally, you should try to take your time for difficult learning projects, so that you can figure out an inexpensive way to carry them out. Nevertheless, sometimes you'll have no choice. Chances come and go, often making unexpected demands. If the opportunity is worth it, you should view your learning cost as an investment.

[6] Obtain performance guarantees: if you have never experienced the inconvenience of repairs on a big-ticket item like a car or a refrigerator, your might not be aware of the immense value of warranties and performance guarantees. The cost of spare parts and manpower to fix a problem can be staggering.

Quality manufacturers tend to offer longer warranties for their products. Do not hesitate to pay more if you can benefit of extended coverage for your new vehicle or washing machine. In the long term, those warranties may save you substantial sums, let alone headaches.

To be continued in Part 6


[Image by Fr Antunes under Creative Commons Attribution License. See the license terms under]