What are Hidden Costs?

When you are making purchases, be aware of the hidden costs involved. Hidden costs can add up in your purchases very quickly, making small item buys into much more costly ones!

Examples:

1. When buying some toys, batteries are not included. Normal alkaline batteries do not cost very much but battery packs can be costly. Check what types of batteries are required to operate the toy.

2.When buying a motorbike or pushbike there will be extra costs for accessories such as helmets and ongoing repairs and maintenance.

3. When purchasing a car, there are definintely many hidden costs. You will have to think about RACQ vehicle checks, registration, insurance, add-ons like cd-players, radios, etc.

Find out how you can factor in the hidden costs of buying a car using the "Buy A Car - Dream Generator" at the Dollars and Sense website!

 
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