Smart phones and gym
memberships can seem tempting, especially with long-term contracts that offer
low monthly costs. Before you sign any contract, make sure it’s right for you.
Shop around, comparing
not only prices, but all terms and conditions of the contract to ensure they
are right for you. Ask questions
about anything you don’t understand. Negotiate, think about it and don’t give
into pressure to sign right away. 
The Financial Consumer Agency of Canada (FCAC) has resources to help you make the right decisions. You can check out their website, fcac.gc.ca. Follow @FCACan on Twitter and YouTube.