How Timeshares Keep You Poor

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🎥 More about this video:
Timeshares are sold as a way to lock in your dream vacation while also securing an 'investment' -- but what's the truth? The truth is that time shares aren't just a potential headache, but they can also keep you poor. In this videos, we dive into what time shares are, the sneak sales tactics used to rope you in (from dangling free things in front of you, buttering you up, and even getting you drunk), and why buying into a time share can be such an awful financial decision.

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🔍 Resources mentioned:
CBS News on timeshare industry: https://www.cbsnews.com/news/what-is-a-timeshare-cbs-news-explains/
United Consumer Financial Services: https://www.ucfs.net/trends-in-timeshare-elimination-how-to-get-out-of-your-timeshare/
The Daily episode about the timeshare selling scam: https://www.youtube.com/watch?v=3biituRAiVg
FTC warnings: https://consumer.ftc.gov/articles/timeshares-vacation-clubs-and-related-scams#avoid



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Time Stamps:

0:00 Let’s talk time shares
03:14 Inflexibility & Inflation
05:11 Cons & Cons
08:27 Timeshare sales techniques
13:19 Aggressive sales people
16:29 The Grift

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Personal finance, money management, deinfluence, deinfluencing, budgeting, budget, credit card, debt, personal loans, culture, hauls, video essay, video analysis, social media, tiktok, instagram, Pinterest, materialism, overconsumption, consumerism, climate change, shopping, spending money, flex culture, vacation, viral, influencers, cara nicole


Did you miss our previous article...
https://realestatevideos.club/Time-Shares/the-best-timeshares-to-buy-or-own-now