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
Compound interest causes savings and investments to grow faster over time, which is why “time in the market” compounds advantage.