Avoid Buying into the Fantasy
Financial fantasy peddlers hawking their wares ramp up their appeals during tough economic times. Promises of quick-and-easy cash flow, painless credit repair, and effortless wealth building have already begun to increase in numbers.
Buyer beware!
A willingness to buy into the fantasy and denial of financial realities lie at the heart of our current economic crises. No-money-down mortgages, interest-only loans, and esoteric financial products coupled with consumer over-spending and over-debting fueled by the desire to live a fantasy-based dream weakened the financial system’s foundation and has brought it to the brink of collapse.
Now the vultures hover overhead waiting to pick at the bones of financial carcasses. People desperate for relief from their financial troubles gravitate towards offers for financial peace.
Buyer beware!
Careful evaluation and deliberation rather than making impulsive decisions can serve you well. The Internet offers many opportunities for you to think before you buy if you are willing to delay your need for instant gratification.
Follow this simple method to safety:
- When considering a purchase, do a search for the name of the product or the person offering the product followed by the word “review.” Check out what others have said before making your decision. If you use Twitter, ask for feedback from your followers.
- Wait 24 to 48 hours before clicking the BUY button or making the phone call. A good sales pitch will appeal to your emotions and encourage you to “Act Now!” or risk losing some benefit. Ignore the push and wait.
- If you tend to spend impulsively, call a friend and share what you are planning on buying. Get some feedback. Never buy anything when you have that I-have-to-have-this-right-now feeling.
- Make sure that whatever you are considering online offers no-risk guarantee and if the product does not live up to your expectations, ask for a refund.
