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Joanna

@joa71

A better approach

Instead of buying warranties, consider setting up your own warranty coverage by putting the money aside in an interest-bearing savings account. Then you have full control over the money and can re-purpose those funds.

This strategy will work in your favor more often than it won't. Consider setting aside about half of the cost of the item you bought.

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The truth about extended warranties, and what to do instead

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