How To Save Thousands Of Dollars A Year By Asking Just One Question

morocco-bus

Twelve years ago, I realized I was a wimp. 

I had always been frugal, refusing to buy what I didn’t really need.  But when I bought something, I nearly always paid full price. That all changed, after I took a trip to Morocco.

My education began when I lined up for a bus in Casablanca. “Sixty five dirham,” the man behind the ticket counter said. I fished out my wallet and paid him the equivalent of $10 for the three-hour ride to Marrakesh. Another man told me I owed more money.  My backpack would cost another 20 dirhams. So I handed over the cash.

I carried my backpack to the luggage area and another man snatched it. He didn’t work for the bus company.  But he tossed my pack onto the bus. Then he demanded 20 dirhams. “Sorry,” I said. I had already paid for my ticket, paid for the baggage.  This guy was trying to con me.

He followed me onto the bus, spewing spit and insults. Opening my wallet, I handed him five times what he probably would have accepted. 

Then I sat there shaking.

Read the rest of the article at AssetBuilder.com

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions.

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