It's next to impossible to walk out of an electronics retailer without someone attempting to up sell you on an extended warranty. It's not just high-end electronics either. A lot of retailers will even try to sell you an extended warranty on DVDs or video games. But in most cases, extended warranties are not worth the extra cost.
As we've discussed before, extended warranties are a hot-button issue. In some cases, an extended warranty can save your butt on newer technology when something goes wrong with it. But, in most cases, it's cheaper to just set up your own "extended warranty" fund, or make the initial purchase with a credit card that offers its own warranty program.....
Of course, if you're even remotely technically savvy, you can do most repairs yourself, including iPhone screen replacements, laptop repairs, and general software fixes. Learning to do basic tech repair isn't just good for saving you money, it also makes it so you don't have to abandon your favorite gadgets for weeks on end for warranty repairs. If all else fails you can always try and get free repairs without a valid warranty.
The fact of the matter is that most extended warranties will go unused. Different circumstances and different warranties are bound to come up, but as a general rule you can go without warranties on most products. If you're in doubt when you're at the checkout line, ask if you can buy the warranty later so you can do a little research.
MYTH #3 Tomorrow!!!