Are You Saving Money By That Promise of “No Fees,” Or Are You Getting Ripped Off?

Do your research first before you sign up for that special promotion

Image for post
Image for post
Photo by Katie Harp on Unsplash
Image for post
Image for post
Photo by Jp Valery on Unsplash
  • Write our the pros and cons on a piece of paper
  • Pay special attention to the deadlines
  • Make sure you qualify, or that you can get approved without a big hit to your credit for just inquiring about it
  • See if the deal is right for you and your family
  • Consider the time commitment involved in setting up everything
  • You might be able to refinance your mortgage at a lower rate or lower APR, but make sure related costs or points make financial sense
  • There are brokerages with no-fee-trading, though I have not read the fine print on these myself
  • You might be able to get a better deal and lower interest on credit cards

Written by

writer and novelist. traveler and adventurer. looking for fun in the sun. chasing the dream. can't stop the feeling that time is going faster.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store