With all the opportunities and temptations out there, it’s easy to fall prey to scams that promise quick riches, miracle cures, or exclusive access. Unfortunately, we continue to buy into these massive scams, wasting hard-earned money.
We’re unveiling 15 scams, highlighting the pitfalls you should avoid.
1. Credit Monitoring
Credit monitoring services often promise protection against identity theft and credit score improvement. However, many are expensive and provide information already available for free through credit bureaus. A few of them have also been “hacked” with all of their client’s information out there – fostering the thing they are paid to prevent.
2. Ticketmaster Event Tickets
Ticketmaster’s service fees can inflate ticket prices significantly. Buyers are often left with a sour taste when they realize they’ve paid much more than the ticket’s face value. And it can take hours on the website to get tickets to hot events.
3. Herbalife
Herbalife’s multi-level marketing structure has come under scrutiny for its emphasis on recruitment over product sales. Many participants end up with little to no profit.
4. Star Registry Company
Buying a star might seem like a romantic gesture, but it’s not recognized by any official astronomical organization. You’re essentially paying for a piece of paper and a fancy certificate.
5. How to Become Wealthy Courses
Courses promising wealth through “secret” formulas are often scams. Real wealth is typically the result of hard work, education, and smart financial planning.
6. Commercials on Premium and Streaming Channels
We’re paying for premium channels and streaming services, and somehow, we are still subject to commercials. The point of paying for these services is to avoid commercials.
7. Stanley Water Bottles
While Stanley is known for its quality thermoses, water bottles are marketed as high-end. They’re often rebranded generic bottles with a hefty price tag.
8. NFTs (Non-Fungible Tokens)
NFTs can be an exciting investment, but the market is flooded with overhyped and overpriced digital assets. Do thorough research before diving in.
9. Ear Candles
Ear candles claim to remove earwax and toxins. Most of their claims have been debunked, and medical professionals have declared the products ineffective and potentially dangerous.
10. MLMs (Multi-Level Marketing)
MLMs often promise financial freedom but rely heavily on recruitment. The vast majority of participants end up losing money.
11. Cable TV
Cable TV packages can be expensive, especially when compared to streaming alternatives. Evaluate whether you’re getting value for your money.
12. Timeshares
Timeshare presentations lure you with free vacations but come with hefty maintenance fees and limited flexibility. Reselling them can be extremely challenging.
13. Gambling
While gambling can be entertaining, it’s designed for the house to win in the long run. Many people fall into the trap of chasing losses.
14. Stock Tip Subscription Sites
Sites that promise insider stock tips often deliver outdated or unreliable information. Successful investing requires thorough research and analysis.
15. Homeowner Associations
While not all HOAs are scams, some have excessive fees and strict rules that can make homeownership less enjoyable. Many people have fought their HOAs and won.
11 Widely Accepted Historical Facts That Are 100% False
History is like a grand tapestry woven with stories and events passed down through generations. Yet, as time goes by, some of the threads in this tapestry begin to fray and unravel. It turns out that not everything we think we know about the past is as accurate as it seems.
11 Widely Accepted Historical Facts That Are 100% False
15 Great Examples of “Just Because It’s Popular Doesn’t Mean It’s Good”
Just because something’s popular doesn’t mean it’s good, fun, or valuable. We often scratch our heads over popular things and wonder what all the fuss is about. Following are several popular things that a lot of people just don’t see that much appeal to.
15 Great Examples of “Just Because It’s Popular Doesn’t Mean It’s Good”
15 of the Worst Pieces of Advice You’ll Ever Receive in Your Life
Most advice we receive is well intended, but it’s astonishing how bad some of it is. Some of it comes from outdated views of the world, and some comes from sheer ignorance.
Whatever the basis, it’s advice you’re better off ignoring and making sure you never pass on. Read on for some examples of stunningly bad advice!
15 of the Worst Pieces of Advice You’ll Ever Receive in Your Life
15 of the the World’s Greatest Lies
There’s a lot of misinformation out there. Information is often wielded as a weapon and used against the public. Some lies are so colossal that they’re practically universal in our society.
15 of the World’s Greatest Lies