Save Money By Avoiding Online Income Scams

With each passing day, it looks like we can’t escape the power of the Internet. If we need to look up stuff for work, we run a search on Google. If we need to book some tickets, we get on Priceline and other sites. Heck, if we need baseball stats, we just get on Wikipedia. The Internet is as indispensable as it is addictive.

The good news is that thanks to the Internet, we can supplement our income by making money online. Just as the Internet revolutionized buying from catalogs, it has also given us many ways to make anywhere from a few hundred bucks a month to making more than our day job’s salary. This is a great boost to any household’s personal finances.

Saving money is great but boosting income is even better. The ways you can earn money online is limited only by your imagination-you can make extra money doing everything from buying and selling on ebay to posting ads on Craigslist to posting referral links on your Facebook account.

Here comes the bad news: shady operators and scammers look at the huge army of Internet users looking for online income opportunities as a helpless pool of suckers waiting to be conned out of their hard-earned money. Follow the tips below to avoid becoming a victim of make money online scams.

Be Suspicious of People Offering To Share Money Making Secrets

You have probably come across an email or forum post or facebook post of a person that claims to make a lot of money and is willing to share the ‘secret’ of such money-making techniques. Dubbing themselves online money-making ‘gurus,’ these characters supply all sorts of ‘proof’ like pictures of them standing next to Ferraris, Lamborghinis, or Porsches. Usually, their sales pages will have several ‘testimonials’ of people ecstatic at the amount of money they are supposedly making from the ‘secrets’ they learned.

Before you whip out your credit card so you can boost your personal finances with these online moneymaking ‘secrets’, think about an obvious question for a second. If someone’s ‘program’ or ‘blueprint’ for making money online is so successful and ‘fool-proof’ why is he sharing it? Why doesn’t that person just keep it for himself and earn the tons of cash he claims he makes?  The truth is that most of these ‘secret’ make money online programs only ‘work’ for a small amount of people. Why? They either require a lot of money to pursue or time to pursue.

Moreover, many of the affiliate marketing make money online programs out on the Web require effective online traffic generation skills-exactly the type of skills most Internet users don’t have. No wonder most of these ‘programs’ and ‘secrets’ have a disclaimer that is essentially the same-‘your results will vary.’

I am not saying that there are no legitimate online money making programs. All I am saying is that you should only join programs where the ‘guru’ or program author completely lays out what is expected of program participants. Try running a search for real reviews and criticisms of the program or money-making technique so you have a clear idea of what you are getting into. Remember, as the old saying goes – if it is too good to be true, it probably is.

Beware of Fake Job Postings

One of the most effective ways to make some extra cash online is to do freelance jobs. Many people scan through Craigslist’s want ads sections to find side jobs. Be careful of many of the listings there. Many scammers posts fake job ads.

How does the scam work? You reply to a job ad and you get a letter saying they are interested in hiring you but you have to take a skills assessment test. Guest what? The assessment test costs money. After you have paid for the test, you never hear from the ’employer’ again.

Another variation of this scam is ‘job training.’ The fake employer responds with an email that he or she is eager to hire you but you have to train. Of course, you have to pay for the training. Once you finish training, the ’employer’ is gone. If you found yourself victimized by these scams, figure out how you paid for the training or ‘skills assessment.’ If you paid via Paypal, dispute the charge with Paypal. If you used your credit card, dispute the charge with your card provider. If Paypal and your bank get enough complaints, they’ll shut down these scammers’ payment processing accounts. Good riddance.

The Bottom Line

There are just way too many people online who are eager to take your money. They never give suckers an even break so you have to be on your toes all the time against being scammed online. Read the warning signs above and be on the look out for them. You worked hard for your money-don’t lose any of it to online scams.

About The Author

Edwin is a marketer, social media influencer and head writer here at Save The Bills. He manages a large network of high quality finance blogs and social media accounts. You can connect with him via email here.

1 Comment

  1. Amy @ JobCred CV Builder

    Money-making secret claims are usually designed to only collect e-mail addresses for unauthorized ads, phishing, or worse, for hacking. During job qualifying stage, some prospective employers may require free work such as sample writings, which is illegal.

    Reply

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