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Tuesday, April 8, 2008

Financial Peace University Update (Session 6)

On Sunday afternoon, we had our sixth session of Financial Peace University. Session 6 is on the topic of "Buyer Beware: The Power of Marketing on Your Buying Decisions." I think this DVD is the most humorous so far that we have viewed, but it was also very eye-opening to how marketers prey on our emotions.



Here's what Dave Ramsey's organization has to say about this sixth session of FPU:

Week 6 - Buyer Beware!

You are being marketed to and you need to develop power over purchases and the various marketing methods that businesses are using on you. Phrases like "90 days same as cash" and "No interest until 2009" are meant to lure you into debt and you could end up paying substantial stupid tax - mistakes with ZERO's on the end! Also, for major purchases (larger than $300) ALWAYS wait 24 hours and if you are married, ALWAYS communicate with your spouse.

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