Random Finance Tip #3
If you have noticed, I’ve been neglecting the financial portion of my blog.
I guess this is partially because I’ve also started my editorial consultancy duties for a finance company, and I am a bit less keen on writing more financial articles. Can be quite taxing doing the same things again and again.
That aside, let’s go straight to the point. This is actually a continuation of where I left off from Random Finance Tip #2
So today’s Random Finance Tip and third of this series is……………….
You won’t want to scare her away with your fart and body odour, or start acting like a irritating punk, don’t you?
Same thing with financial institutions. They show you the most beautiful side of the deal and make it very prominent, but usually it is just 1 portion of the big picture.
The rest of the deal that they do not really want you to see are normally tucked away quietly in the fine print.
I know this very well, as I used to scan through financial products (fixed deposit and loans) and their publicized offered rates. Very often, these rates only last for a short period of time, or there is certain catch to it, such as having to put in a substantial sum first before you are able to qualify for the deal.
Can’t blame them, really. They gotta make business. They too, have to make money to put food on their families’ table. I can’t really slam them as I’ve friends working in the finance line.
However with that said, the onus and responsibility is actually on you, as the consumer, to protect yourself by understanding everything clearly first before taking the plunge.
And one of the first step is to READ the FINE PRINT!
Let’s be honest, how many here do not read the fine print or were caught out before due to not paying much attention to the fine print?
I reckon there are quite a fair bit. Nevertheless I wanna hear from you. Share with me here with your experiences.
[tags]Financial products, loans, fixed deposit, fine print, financial institution[/tags]


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