Was one of the most adult things you ever did getting the extended warranty on your refrigerator? Say no to the upfront offer and make an evaluative decision later, advises experts in this Daily Finance article. "Insurance companies [and extended warranties] only make money if the company collects more money than it pays out," says Professor Bruce Clark of Boston's D'Amore-McKim School of Business at Northeastern University. A warranty is a type of insurance, and its 'gambling in a rigged game" says Daily Finance. But keep in mind, some situations might call for insurance.