Are you looking for ways to make some extra cash? If so, you may be wondering how to tell if an opportunity is legitimate. There are many money-making opportunities out there today but this doesn’t mean that all of them are on the up and up. It’s important to do your research first so that you can avoid scams.
Here are some tips on how to spot a money-making scam:
- Avoid any opportunity that promises you’ll get rich quick. You won’t.
- Stay away from any company that requires you to make an initial investment. Often, these scams require you to pay a certain amount of money to sign up to a website that will provide you with money-making opportunities. (The exception to this rule of thumb is well-known direct sales companies, such as Avon or LulaRoe, which do require an initial investment).
- Think twice before signing up for a company that offers you a huge ticket item. Are you being promised that you’ll be given a vacation to the Bahamas? What about a brand-new car? Although these things sound tempting, a legitimate company wouldn’t make such offers.
These are just some ways to spot a money-making scam. It’s important to trust your gut. If it seems too good to be true, it probably is. Be sure to Google any company that you are having doubts about before signing up!