Are extended warranties worth the extra cost? Watch this video from Family Finance Pro Amanda Christensen to find out.

Here are some tips to keep in mind:

• As yourself: Does the item come with a manufacturer’s warranty? How long does it last and what does it cover?
• Read the fine print.
• Keep the receipt or proof of purchase.
• Do the follow up, or the warranty is for naught.

Be sure to watch the video for the details on each tip.

Amanda Christensen is an Extension Assistant Professor for Utah State University. Follow her on Twitter: @FamFinPro, Facebook: Fam Fin Pro, Instagram: @FamFinPro.