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Course Library · Lesson 6 of 6
Money · Guided lesson

Decide: sign, negotiate, compare, or stop

About 20 minutes
Work at your own pace. Optional videos take extra time.
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Before you begin

The idea in everyday life

Evaluate value, affordability, fit, risk, alternatives, uncertainty, and exit before giving final agreement.

The idea

Not understanding a material term is a reason to pause, not a reason to sign faster.

Try it

One step at a time.

Use the sample or information you have permission to use. Keep your work as you go. You can pause between steps.

  1. 1

    Score the offer on need, result, total cost, duration, evidence, provider trust, privacy, flexibility, remedies, downside, and alternatives.

  2. 2

    Write your questions and any changes you want. Compare at least one alternative. If there is no real deadline, give yourself a cooling period before deciding.

  3. 3

    Choose sign, negotiate, compare, obtain qualified review, or stop, then record the reasons and next calendar dates.

Example

See how it works.

Lee pauses a high-cost membership, finds a month-to-month alternative, and avoids a difficult annual exit.

Check your work

Did you cover these?

  • Your work includes a completed agreement scorecard, question log, alternative comparison, decision memo, and post-signing calendar if accepted.
  • Check this common mistake: Signing because time was invested, a salesperson is waiting, or the form says the terms are standard and nonnegotiable.
  • The decision follows written criteria and all material cost, obligation, exit, and uncertainty items are accepted consciously or resolved.
Your work

What to finish

A completed agreement scorecard, question log, alternative comparison, decision memo, and post-signing calendar if accepted.

Common mistake

Watch for this

Signing because time was invested, a salesperson is waiting, or the form says the terms are standard and nonnegotiable.

How can I tell I understand it?

The decision follows written criteria and all material cost, obligation, exit, and uncertainty items are accepted consciously or resolved.

Try 3 questions

Quick knowledge check

Answer all 3 questions. Get at least 2 right and the lesson completes automatically.

Not yet passed

You’ll get an explanation for each answer. Signed in? Your results save to your account.

1Which step is part of “Decide: sign, negotiate, compare, or stop”?
2What should you have made by the end of this lesson?
3Which mistake should you watch for in this lesson?
0 of 3 answeredApply the lesson to a short question, then review the explanation.
6
Finish this lesson

Pass the check. We’ll save the progress.

Answer all 3 questions above and get at least 2 right. You can review the explanations and try again.

Go to the knowledge check
Optional course overview video · same video as Lesson 1
ContractsCounselHow to Review a Contract: 8 Key TermsYouTube
Optional course overview

How to Review a Contract: 8 Key Terms

From ContractsCounsel. Watch here or open it on YouTube .

Watch for an idea you can use in the practice below. You can pause or skip this optional overview.
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