Most people assume their bills are non-negotiable and set in stone. But here’s the truth: Almost everything is negotiable. Companies build a cushion into their pricing because they expect some customers to ask for a better deal. Most people just never bother.
Whether it’s your internet bill, credit card APR, insurance premium, or bank fees, you’d be surprised how often a simple phone call can get your costs lowered. Even if you don’t get an immediate discount, you can often secure a better rate, an upgraded service, or hidden perks just by knowing what to say.
This was one of the key strategies that I used to help me pay off $100,000 of debt. I was able to transform my approach to my finances, which set me up to make my first million at 32.
Here’s how to do it.
The first price thrown out in a negotiation sets the tone, and if that price comes from the seller, it usually benefits them, not you. That’s why you want to take control by setting the first number. Instead of starting from their high price and trying to work it down, you start from a lower number and negotiate up.
