The last time we went to our local Subway Restaurant I (Ron) went up to order my sandwich. I was going to order a 6 inch sandwich, but it was only a small upcharge to make it a 12 inch.
Hmm, less than double the price for double the sandwich. The math was simple! I'd be an idiot to not take this deal!
Is it worth it?
Hit the brakes! I didn't need, or even want a 12 inch sandwich. Why would I pay more for something I didn't want? Because I was "saving" money?
Upselling is when a business you are already buying from tries to selling you "just a bit more" with your purchase. It is a good way to increase their profit.
Sometimes it is worth it, but...
And... sometimes it is also a good deal for you. You have to remember though, if you don't need it, you shouldn't buy it just because it sounds like a good deal.
If you don't need (or want) it, then it is NOT a good deal. It's just spending money you didn't intend to spend in the first place.
Oh, the headline? One way to help yourself when someone tries to upsell you is to ask yourself not "Is it a good deal financially?" but "Does it make sense for me right now?"
So the next time you are sitting at the drive through ordering a combo meal and they ask if you want to upsize it for a small charge picture yourself driving away with your burger, two pounds of fries and a gallon of pop. It can help bring it into perspective.
This isn't likely your biggest financial problem, but financial choices tend to build over time. To talk more about it set up a free call. https://calendly.com/knapperfinancialcoaching
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