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Saving

Personal finance articles on the how, where, when, and why of saving money.

Is There Value in Buying an Extended Warranty?

Is There Value in Buying an Extended Warranty?

You’ve budgeted for it for months. Now, finally, you’re in the store, buying your long-awaited (fill-in-the-blank: dishwasher, iPhone, smartwatch, used car). “Would you like an extended warranty with that?” you’re asked. Hmmm. “Do I?” you think. Typically, extended warranties are a relatively low-cost add-on to…