{"id":6395,"date":"2014-10-27T06:11:06","date_gmt":"2014-10-27T13:11:06","guid":{"rendered":"http:\/\/couponshoebox.com\/tips\/?p=6395"},"modified":"2014-10-22T09:11:35","modified_gmt":"2014-10-22T16:11:35","slug":"beware-these-4-get-rich-quick-and-easily-schemes","status":"publish","type":"post","link":"https:\/\/couponshoebox.com\/tips\/beware-these-4-get-rich-quick-and-easily-schemes\/","title":{"rendered":"Beware These 4 “Get Rich Quick” (and Easily) Schemes"},"content":{"rendered":"

Who among us wouldn\u2019t like to see a bigger balance in their bank account, savings account or retirement account? Who wouldn\u2019t love to afford to live more lavishly – or at the very least, not worry about meeting expenses? It\u2019s human nature to want to make more money without going to a lot more effort than we already do. There is no shortage of \u201cget rich quick\u201d schemes in the world that prey on precisely that desire. When the options are things like, \u201cpick up some overtime,\u201d \u201cget a second (or third) job\u201d or simply, \u201cstop spending so much,\u201d it\u2019s easy to be lured into believing in some common ploys and misinformation that promise to help us make big bucks easily.<\/p>\n

Here are some of the ways that others manipulate\u00a0that desire to make more money into a money-maker for themselves – by taking our hard-earned dollars with the promise of a big return that probably won\u2019t happen:<\/p>\n

    \n
  1. They make giving them money exciting and addictive –<\/strong> Gambling is the perfect example of this ploy to make you think that you have a chance to gain a lot for relatively little. The lie they perpetrate is that luck has more to do with making money than do sound financial practices. In short, the odds of hitting it big by gambling is negligible – the cards are stacked against you, designed that the house wins and you…don\u2019t. By convincing you that you have a chance to win, they get you to throw more money their way. Gamble all you want for recreational purposes but do understand that it\u2019s not a rational substitute for a financial plan.<\/li>\n
  2. They over-complicate by leading you to believe you can\u2019t do it without them –<\/strong> A classic example here includes the \u201cmake money in your sleep\u201d ploy. Unscrupulous marketers can easily convince those looking to make money online to buy an e-commerce website from them. In truth, you don\u2019t need to go through (and pay) this middleman who brings the opportunity to your attention. You can find opportunities like the ones they sell on your own – like an Amazon portal – to bring in some extra bucks.<\/li>\n
  3. They oversimplify how difficult it is to profit –<\/strong> Buy low, sell high – like the house-flipping rage – is an example of this tactic. While it is<\/em> possible to turn\u00a0a profit from rehabbing a home, making it a habit can be risky. Selling\u00a0an improved property can be iffy; even when you get a fixer-upper\u00a0for a bargain price, unless you have a buyer lined up, you\u2019re stuck with an expensive investment that can easily turn into a money pit rather than a money-maker.<\/li>\n
  4. They overstate your earning potential –<\/strong> There are a multitude of multi-level marketing companies that\u00a0offer their distributors appealing wholesale prices to act as their salesforce. In order for direct\u00a0sales to be as lucrative as their marketing\u00a0hype suggests, distributors must push hard, sell a large volume of product, wear many hats and work their way up the ladder to manage underlings in order to earn\u00a0a cut of their sales as well. Those who \u201cmake it rich\u201d following\u00a0this business model\u00a0are few and far between.<\/li>\n<\/ol>\n

    Any of these four income strategies can potentially bring in extra cash. Be aware of what they all have in common: Claims of big financial rewards for minimal\u00a0(and\/or enjoyable) effort.\u00a0<\/em>When considering any\u00a0profit-generating opportunity, remember that if it\u00a0sounds too easy or sure-fire, those behind it are\u00a0most likely someone making a buck off your desire to do the same.<\/p>\n

    For what \u201cget rich schemes\u201d have you fallen?<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

    Who among us wouldn\u2019t like to see a bigger balance in their bank account, savings account or retirement account? Who wouldn\u2019t love to afford to live more lavishly – or at the very least, not worry about meeting expenses? It\u2019s human nature to want to make more money without going to a lot more effort […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[515],"tags":[74],"_links":{"self":[{"href":"https:\/\/couponshoebox.com\/tips\/wp-json\/wp\/v2\/posts\/6395"}],"collection":[{"href":"https:\/\/couponshoebox.com\/tips\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/couponshoebox.com\/tips\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/couponshoebox.com\/tips\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/couponshoebox.com\/tips\/wp-json\/wp\/v2\/comments?post=6395"}],"version-history":[{"count":13,"href":"https:\/\/couponshoebox.com\/tips\/wp-json\/wp\/v2\/posts\/6395\/revisions"}],"predecessor-version":[{"id":6408,"href":"https:\/\/couponshoebox.com\/tips\/wp-json\/wp\/v2\/posts\/6395\/revisions\/6408"}],"wp:attachment":[{"href":"https:\/\/couponshoebox.com\/tips\/wp-json\/wp\/v2\/media?parent=6395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/couponshoebox.com\/tips\/wp-json\/wp\/v2\/categories?post=6395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/couponshoebox.com\/tips\/wp-json\/wp\/v2\/tags?post=6395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}