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Success Story and Money Tip: The Power of Asking Saved $156/year

I ran across an article on Money Saving Mom about how one woman saved $156/year on her cable bill just by asking for an introductory rate.

Recently, I was able to reduce my bill by $13 per month ($156/year), plus they increased my DSL speed to a faster connection, just by making a phone call to their Rentention Dept.

This reminds me about a time in 2007 when I was still taking control of my finances and decided to call up both of my credit cards and ask for a lower APR. One had an 18.15% APR which was reduced to 14.5% just by asking, and another was 28.8% APR which dropped to 16.9% APR just by asking. Just from a phonecall.

I am not sure how easy this would be now-a-days, but it’s certainly worth the effort.

About Crystal Groves, Google+

Crystal Groves is a farmer, web developer, musician, blogger, and personal finance enthusiast from the back hills of Maryland and Pennsylvania. She started Money Drain as a project to encourage people interested in fixing their financial situation to share their stories and learn from the stories of others. We all make mistakes, but in order to change we have to make changes.

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