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Question 12

Retention offers can be seductive: the company offers you 50% off to stay or three months free if you keep paying. Those deals can be useful — but they can also be another trap if they simply reset the clock on a service you don't value. The right move is to test whether you will use the service under the discount and set a follow-up date to reassess. If you only keep a service because of short-term discounts and usage doesn't rise, you've just postponed the inevitable. This question asks what the most rational approach is to a retention offer.

What's the most practical response to a retention discount for a service you rarely use?

Did You Also Know...

By Wise Wallet

Trying to time the market is difficult; historically, consistently staying invested has outperformed frequent market timing attempts.