How to avoid paying over the odds, with YouTube

Don't let yourself get ripped off, with help from Gavin & Stacey, Fawlty Towers and The IT Crowd.

Last Updated: 31 Aug 2010

This week, Real Madrid offered to pay Manchester United a remarkable £80m to make Cristiano Ronaldo the world’s most expensive footballer, despite the fact he desperately wants to move there (presumably so he can spend even more time topping up his tan). Inspired by this news, we examine how to avoid paying way over the odds for things…

Know what you’re entitled to: We’re not always made explicitly aware of what we are entitled to. If you don’t ask, you don’t get, so it pays to enquire what extras are available when it comes to handing over cash for services, products – or even just ordering food in a pub, as Smithy from Gavin and Stacey proves when he endeavours not to miss out on some extra chips.

Beware of wolves in sheepskin jackets: Their credentials may look impressive, but in business, it pays to do your homework about who you are dealing with. Don’t be fooled by charming con artists. When ‘Lord Melbury’ arrives at Fawlty Towers, Basil can’t do enough for him. Overly impressed with the supposed aristocrat’s credentials, Fawlty fails to spot he is a big fake.

Listen to the experts: Accountants and financial advisors are supposed to keep your funds in good shape, so take their advice when it comes to your outgoings. Are you being too extravagant with your cash or simply paying too much tax? Douglas from The IT Crowd tanks his company finances by blocking out the desperate pleas of his accounts man.

In today's bulletin:
Barclays sells BGI as West Brom narrowly avoids bailout
Headhunters may roll as KornFerry acquires Whitehead Mann
MT Survey: Do you trust your boss? LAST CHANCE TO ENTER
Small business hit as RBS siphons off non-core borrowers
How to avoid paying over the odds, with YouTube

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