Karsten Aichholz

Things I learned.

Copyright © 2018 — Karsten Aichholz • Log in

The Free Scam: If It Doesn’t Cost Anything, You’re The One Being Sold

December 2, 2017 by Karsten Leave a Comment

The Free Scam: If It Doesn’t Cost Anything, You’re The One Being Sold

Have you ever seen the queue at an ice cream stall that has a free ice cream promotion? People will queue up 30 minutes for free ice cream, ignoring the cost of time it entails. The moment 'free' is involved, everyone is happy to work or suffer for a rate that doesn't even amount to minimum wage. The word 'free' has such a magic pull, it seems to eradicate rational thought. It's the same reason why financial advisors who work for an hourly fee don't get hired. Who wants to pay someone USD 100 … [Read more...]

Filed Under: Money Tagged With: facebook, financial advisors, insurance, internalization of costs, truth in sales

Email Subscribe

Receive notifications of new posts by email.

Karsten

  • About Me
  • Contact Me

Topics I Cover

  • Health
  • Life
  • Meta
  • Money
  • Stories
  • Work
  • ภาษาไทย

My Most Popular Posts

  • คุณอยากได้อะไร
  • Does Walking Burn More Calories than Running?
  • How to Lose Weight as a Vegetarian: 10kg in 100 Days
  • That Time I Played a Single Video Game for 3,600 Hours

Follow me on Twitter

Follow @karstenaichholz