Inquire about products before purchasing
Atty. Gen. Carla Stovall's office said Kansas consumers who receive telemarketing calls offering custom-made golf clubs should be cautious before ordering because the office has received several complaints.
If interested, ask the company to send information in the mail. If its representatives refuse, or if they use pressured sales tactics, Stovall suggests that you not do business with them.
The Kansas Consumer Protection Act requires that telemarketers identify themselves and the business on whose behalf they are soliciting. The KCPA also requires telemarketers to promptly discontinue the call if they receive a negative response. Kansans maycontact the Consumer Protection division at (800) 432-2310 to inquire about a company's complaint history.
One of the best ways to provide protection from businesses that do not deliver the product purchased is to charge purchases to a credit card and dispute the charges if something goes wrong. Persons must dispute the charges within the period allowed by the credit card.
Financial agency offers tips for new year
Waddell and Reed Financial Services is offering its top resolutions for financial fitness in the new year.
"The New Year is as good time as any to turn over a new leaf and make some serious resolutions, especially financial resolutions," said Margaret Stenseng, Waddell and Reed financial adviser.
Included on the list of suggestions:
Don't put off setting up a financial plan.
Increase savings. Develop a monthly budget. Separate expenses that will remain the same each month from the ones that fluctuate. Find out where your money is going and see if you can reduce spending and increase savings.
Don't forget to pay yourself first. Use credit as little as possible and try to make over and above the minimum credit card payment when possible.
Establish an emergency cash fund. Ideally, having several months of living expenses put aside for an emergency is the best recommendation.
Save up for big-ticket purchases. Plan to replace appliances, furniture or a car. Instead of using credit, have a budget for such items.
Explore ways to finance your children's education. Consider options such as Individual Retirement Accounts.
Consider an estate plan. An estate plan provides distribution of property and can help determine how much will go to beneficiaries, charities or Uncle Sam.
For more information, call (888) 923-3355 (WADDELL) or visit www.waddell.com.