Are Extended Warranties worth it? via @jjeffrose

When buying consumer electronics, we usually get asked if we wish to purchase an extended warranty.В Often, extendedВ warrantiesВ are not inexpensive – В ranging from 10% to 20% of the purchase price. In my case, I don’t usually buy consumer electronics unless I feel I am getting them at a discount of at least 5%. Therefore, buying the extended warranty makes me feel like I am just giving my great deal back! This article via @jjeffrose from Good Financial CentsВ provides some guidance on the type of electronics and situations where buying an extended warranty may be worth it.