This week’s radio show is about paying for college, so this week’s Money Management in 1 Minute tip is: don’t sign anything you haven’t read and don’t understand.
Many of us have taken on a feeling of, “they’ll tell me the important parts that I need to know” without realizing that the old adage is true “in life, you’re either selling or you’re buying”. Those that are selling us something (mortgage, loan, etc.) are trying to make sure that we sign the paperwork. It is up to each of us to make sure that we know what we are getting into.