The Clark Howard Podcast
12.31.24 BEST OF: Become A Price Negotiator / Warning: Dietary Supplements & Protein Powders
Dec 31, 2024
Discover how to negotiate prices on everyday purchases, from cars to appliances, and challenge the myth that only high-end models are worth it. Dive into the unregulated world of dietary supplements and learn why it's crucial to be cautious with claims made by influencers. Get tips on managing disputes over charges and protecting yourself from scams while using money transfer services like Zelle. With practical advice on financial decisions and appliance care, equip yourself with knowledge for a smarter consumer experience.
36:43
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Quick takeaways
- Many consumers are unaware that they can negotiate prices on traditionally fixed-cost items, leading to missed opportunities for savings.
- Dietary supplements and protein powders are largely unregulated, posing potential health risks and emphasizing the need for cautious consumption.
Deep dives
Negotiating Prices for Home Appliances
Many people overlook the potential to negotiate prices on what they believe are fixed-cost items, such as home appliances. Survey data reveals that only 25% of consumers are aware that they can negotiate, yet over two-thirds of those who do attempt negotiation end up securing a better deal. This lack of awareness extends to kitchen remodeling where individuals might blindly accept listed prices without exploring more affordable options. Rather than splurging on high-end appliances, which can be unreliable, consumers may benefit from considering mid-market options that are often more dependable and cost-effective.
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