There are people who love to negotiate, as well as those who would rather avoid this at all costs.
Even if you aren’t the type who looks forward to this, there are a few times when opening your mouth can save you quite a bit of money – and a loan or debt.
Here are three things you absolutely need to negotiate:
- Cell phone bill. Negotiating your phone bill is easier than ever before, due in large part to growing competition throughout the industry.
As the end of your contract closes in, reach out to your cell phone provider to discuss your options. Even if you only save a few dollars per month, this has a way of adding up over the course of a year.
- Furniture. When was the last time you visited a furniture store? As you probably recall, the prices often seem much higher than what they should be.
You should never hesitate to ask for a discount when shopping for furniture, which includes mattresses.
Some stores are more willing than others to negotiate, but you should always do your best to save. Sometimes all it takes is the suggestion of a lower price in order to keep some money in your pocket.
- Medical bill. There is nothing worse than receiving a bill from a medical facility or doctor that is higher than expected.
If it’s a small bill, such as $100 or less, it’s probably best to make the payment and move on. However, in the event of a larger bill, don’t wait to contact the appropriate party to discuss your options. For example, you may qualify for a discount if you pay the amount in full.
There are those who negotiate everything they want to purchase, as well as those who typically shy away from this. Negotiating price helps to keep things fair when you know that you can get a better deal elsewhere, or you are being treated unfairly. This ultimately will help your financial situation and help you to avoid another loan.
Regardless of where you fit in, the three situations above call for a negotiation. If you’re lucky, you’ll find yourself saving money soon enough.