Things That Suck
The restocking fee is not a fee for restocking
It is charged as a percentage of the price rather than the cost of handling, which tells you what it is actually for.
Money writer, SuckButt
Sujit writes about fees and subscriptions, and audits his own bank statement monthly out of paranoia.
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Things That Suck
It is charged as a percentage of the price rather than the cost of handling, which tells you what it is actually for.
Things That Suck
Nothing sold as unlimited is unlimited. The interesting question is where the real ceiling sits and why it is never printed next to…
Money Suckers
The headline price is engineered to win a comparison, not to be paid. Everything else arrives once you are already three screens in.
Money Suckers
Nobody accidentally builds a cancellation flow that takes nine clicks and a phone call. Every step in it was measured.
Money Suckers
Saying yes hands the exchange rate to whoever owns the terminal. The helpful-sounding question is the entire product.
Money Suckers
Staying put on the same contract is a decision to accept the highest price the seller believes you will tolerate.
Money Suckers
Payment terminals turned tipping into a public interaction with defaults, and the defaults have quietly climbed.
Things That Suck
Flat-pack furniture is a triumph of logistics that ends with a person on a bedroom floor holding a diagram with no words in it.
Money Suckers
Interest-free instalments are not free to provide. Someone is paying, and the structure tells you fairly precisely who.
Things That Suck
Unbundling turned one price into eight, and the headline fare is the only one anybody compares.
Money Suckers
Bundling raises the average price paid by making the individual prices unknowable. That is the feature, not a side effect.
Money Suckers
Charging for the ordinary way of doing something is a discount on the preferred way, described in reverse.
Things That Suck
Support chatbots are deployed to deflect contacts, which is a measurable goal, and resolution is a much harder one to measure.
Money Suckers
A loyalty currency is issued by the company that decides what it buys, and there is no rate anybody has to defend.