Avoid Money Making Scams - they aren't there to make YOU any money

Have you ever encountered money making scams? I have, and I can see how they can rob people of their money. Sometimes a little at a time, and sometimes a whole bunch all at once. Either way, it isn't part of my frugal living plans, and it shouldn't be part of yours either.

Be on guard and hang onto your money. You worked hard for it, so there is no sense parting with it as part of a scam that someone else is running for their benefit and at your expense.



I hope the following discussion and examples help you keep your money right where it belongs.

The three important factors to keep in mind are awareness, questioning, and action.

  • Be aware of what is happening, and what you are doing and saying. Take your time to think about your interaction so you know whether you are in the middle of a solicitation, sales pitch, proposal or scam.

  • Question every aspect of your interaction until you know exactly what is going on. Ask questions like: "So, what exactly are you after?" or "How did you select me?"

  • Take action to get on your way - whether that is walking away, driving away or hanging up the phone. Another great course of action is to give yourself time to think before making any decision, especially if you feel pressured.

Handle these well, and you'll be safe from most scams headed your way. Be smart about it, and save money that the con artists are trying to get from you.

Also, be aware that you may inadvertently seek out scams while you search for an employer, self-employment, or ways to make extra income.

To help you out, I'll be discussing a wide range of money making scams and gimmicks to include:

I'm so torqued off at seeing the deceptive advertising and money making scams that I've dedicated this new section of the site to identifying these and help you see what they truly are.

In fairness to others, some things that I see as scams could be just other forms of enthusiasm, exaggeration and desire to sell a product or service, or recruit individuals for an activity. Nevertheless, if it clearly contains deception, half-truths, emotion and not reason, and false claims, I'm going to call it a scam and let you know about it.

You work too hard for your money to let it go to money making scams created and promoted by others. Sit there with a tight fist and hang onto what you're earned until you are certain that you're spending your money well.



Don't let a sales person peddling high end merchandise convince you that you get what you pay for, because most often what you're going to wind up with is buyer's remorse. And, don't let someone try to convince you to buy your way into a business. Sure, it takes money to make money, and a business of your own would be great, but it takes lots of work too. You can't simply buy your way in.

And, be aware that you can talk yourself into just about anything, so stay focused on your own best long-term interest, and give yourself time to think about anything that has financial consequences, at least until you've had a chance to become much more familiar with it. One good indicator of a money making scam is a tight time line - don't let anyone hurry you into anything based on an artificial sense of urgency or a deadline that they impose.

Here are some general guidelines to keep you out of trouble when it comes to phone solicitations, contacts on the street, and offers that come in the mail.

There certainly is a broad scope of topics here at Frugal Living Freedom. When you think about it, money permeates so very many activities in our lives, therefore, being frugal encompasses a wide range of interests, from being employed to taking a vacation, and just about everything in between. Enjoy the variety, pick up some new ideas, and start making frugality a part of your signature.



I'm a big proponent of being debt-free, and I mean entirely debt-free - no mortgage payment. It's not essential for financial freedom, but you'll love the feeling once you get there. If you didn't have a rent or mortgage payment, how much more could you do for yourself with your current level of income? I suspect plenty.











If you ever hope to see an abundance of wealth, you need to plug the hole in your boat. The wealthy don't necessarily make lots of money, instead, they know how to hang onto what they make, and make it work for them.