The frenzy of fees in everything from travel to banking is the financial equivalent of a cold slap in the face. Here are 10 examples, and some advice on fighting back.
It’s a simple concept: You give me something I want, we agree on a price,I pay for it. It’s the way the world has worked for thousands of years. These days? Not so much.
Today, with an increasing number ofbusinesses, it goes more like this:You providesomething I want, we agree on a price, I pay,then you tack on feesto fatten your bottom line.
Unreasonable fees are more than just a drain on your finances. They’re insulting – the financial equivalent of a cold slap in the face. Check out the following TV news storyfor some examples, and to see how far I’ll go to illustrate a concept.
Now,in no particular order, here are 10 of the world’s most insulting fees. They made the list for one of three reasons:They’re unreasonable, you’re getting little or nothing in return, or they’re ridiculously overpriced.
