Junk fees are the new junk food
Here's what to know to avoid them and stay financially healthy
The good news: last week the president recognized several ticketing companies — including Airbnb, SeatGeek, and Ticketmaster parent company Live Nation for committing to getting rid of hidden fees for buyers in the United States.
The bad news: they only committed to no longer HIDE the fees. Consumers will see the entire fee upfront. They did not agree to get rid of what is known as junk fees.
So what are junk fees? They are the fees that you don’t see at first when you price out a trip or purchase. But they are added to the price you pay when you are checking out. For example, a hotel might add a fee for the use of the resort amenities. Airlines will add-on fees for checked luggage or for seat selection.
Here’s a great explainer from The New York Times:
Watch Out for ‘Junk’ Fees When Booking Travel Online
Hotels and airlines struggling to recoup their losses from the pandemic have been including more hidden charges. Don’t fall for them.
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In the news…
I’ve had a busy couple of weeks sharing my perspective on a variety of topics.
Here are some highlights.
Click on the button below for more of my media appearances.
You will see the broadcast clips on top but scroll down to see the print articles including the complete digital versions of the stories above.