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Rebates - Bonus Or A Rip Off?
Rebates have become more and more well-known in the last few years on a lot of items and definitely on electronic appliances and computers. Rebates of $20, $50 or $100 are not unusual.
I've even seen items advertised as "free after rebate". Do these rebates appear under the title of "too good to be true"? Some of them do and there are "drawbacks" to look out for but if you are careful, rebates can help you get some very good deals.
The way a rebate works is that you pay out the listed cost for an item then mail in a form and the bar code to the vendor and they send you a rebate thus reducing the price of what you paid for the item but with a time delay of several weeks.
Rule #1. Rebates from reputable companies are usually fine.
You can be fairly certain you will get the promised rebate from Best Buy, Amazon or Dell but you should most likely not count on receiving one from a company you've never heard of. If you really want the item and are OK with paying the price listed then buy it but don't count on actually getting the rebate.
Rule #2. Check rebate termination dates.
Many times merchandise will stay on the shelf of a retailer after the date for sending in the rebate offer has ended so check that date carefully.
Rule #3. Be sure you have all the forms required to file for the rebate before you leave the shop.
Rebates will almost always require a form to be filled out, a receipt for the money spent and a bar code.
Rule #4. Backup your rebate claim.
Make copies of everything you send in to get your rebate plus the bar code. Stuff gets lost in the mail all the time and if the rebate is for $50 it's well worth the hassle to back up your claim.
In sum, the above info is extremely beneficial on educating you how to sensibly invest your funds while securing your expected financial return. To take your finances to the next level, invest in something more profitable, search listings under "going public", "merger company" or "merger companies" and turn to a pro.
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