For many students, college is not just a time for acquiring new knowledge but also a time to learn about financial independence. One such lesson involves understanding and managing credit. This starter's guide will delve into the realm of student credit cards in 2023 and provide essential insights for those new to credit. 1. Building Credit Student credit cards are a great way to start building a credit history. Regularly using and promptly paying off your credit card can help establish a positive credit history, which will be beneficial for future financial endeavors like renting an apartment or getting a car loan. 2. Learning Financial Responsibility Having a student credit card can teach important lessons about financial responsibility. It's vital to understand that a credit card is not free money, and balances need to be paid off to avoid interest charges. 3. Earning Rewards Many student credit cards come with reward programs, offering in...
Believe it or not, many of your monthly bills are negotiable. With a bit of time, research, and negotiation skills, you can lower your bills and save hundreds, if not thousands, of dollars a year. This guide will provide practical tips on how to negotiate your bills effectively.
1. Do Your Research
Before you start negotiating, it's crucial to know what you're talking about. Research what other providers are charging for the same service. Knowing the competitive landscape will give you the upper hand in negotiations.
2. Be Prepared to Walk Away
If your current provider is unwilling to lower your bill, be prepared to switch to a different provider. Let them know that you're considering this option. The possibility of losing a customer can often motivate providers to offer a better deal.
3. Speak with the Right Person
Customer service representatives often have limited authority to change your bill. Ask to speak with a supervisor or the "retention department", as they usually have more leeway to negotiate.
4. Be Polite and Persistent
During negotiations, always be respectful and patient. Remember, the person on the other end of the line is just doing their job. Being polite can go a long way in getting what you want. If you don't succeed at first, don't give up. It may take several attempts before you get a result.
5. Regularly Review Your Bills
Finally, make a habit of reviewing your bills regularly. Companies often increase prices gradually, hoping that customers won't notice. Stay vigilant and be prepared to negotiate whenever your bills increase.
In conclusion, negotiating your bills can result in significant savings. By doing your research, being prepared to switch providers, speaking with the right person, being polite and persistent, and regularly reviewing your bills, you can master the art of negotiation and lower your bills.