There was an interesting short article in yesterdays Irish Independent in The Final Word section.
The summary of the article could be seen as thus, â€śWhatâ€™s the point of the Financial Regulator consumer unit when all of their surveys on credit cards, mortgages, SSIAs, motor insurance and banking charges have the same outcome â€“ shop around?â€ť
A little ironic given that I do remember how many scoffed at Mary Harney when she originally made her â€śshop aroundâ€ť comments upwards on 3 years ago.
We in Value Ireland have consistently shown the benefits of shopping around (here and here and here) as well as giving a little guidance on how to be smart about it in our Tips on Shopping Around.
I donâ€™t really think that people are being told anything new any more with the â€śshop aroundâ€ť message. In m opinion itâ€™s quite likely that itâ€™s anything from consumer inertia to downright laziness that sees people not bother checking out alternatives when making many of the kinds of purchases mentioned above.
More about this next week.