It's easy to be wary when it comes to making money from home. We're surrounded by “deals” promising to make us unrealistic sums of money in only a short amount of time – of course, these turn out to be scams, but how can we spot the genuine opportunities from the deceiving lies?
Here are my tips for staying safe and still earning some extra cash.
Search for scams & payment proof
This one is really easy – all you need to do is do an internet search for “online money making scheme's name + scam,” and then have a look at the top few search results. This isn't 100% accurate, however, as some websites are classed as a scam simply by reviews from disgruntled customers. Alternatively, you can search for the same phrase as above, but simply replace it with “+ payment proof.” This will hopefully show you screenshots of proof of payment from various activities. Of course these could be Photoshopped, so still be cautious.
If it sounds too good to be true…
…then, as the saying goes, it probably is. Anything that promises to make you a passive income without any effort or selling is wrong. If you look closely you will see that you most likely need to pay for this fantastic money making scheme, which leads me onto the next point.
Having said this, many people have said that matched betting is good to be true but naturally, I have proved them wrong. As with most things, baring in mind the views/experiences of others can be very helpful.
It requires upfront payment
If anything or anyone ever promises to tell you the secrets of making millions simply overnight with this product/trick, then it simply isn't legit. How would they make a money if so? From selling their “secrets” to suckers. And do you know what those secrets usually are? Getting your friends to buy these “secrets” from you. Do you really want to take advantage of your friends and family in that way?
If the person or product is actually legit, then they should do like matched betting does with Profit Accumulator, and offer a free trial and plenty of positive reviews on the internet.
There are some cases where you might need to pay for something such as a DBS (previously known as a CRB) check, but these are rare.
If it promises passive income/involves no effort
There are plenty of ways to earn a passive income, some ideas include blogging, affiliate marketing and writing a book (of which there's lots of posts on here). These aren't truly passive though, as a lot of work is put in to build up your audience and customers, not to mention keeping up to date with regular marketing and so on.
If you want to earn money from home then you need to put some effort in. Even passive income, takes some time to establish so there's no way to make thousands via no effort. Although matched betting is by far my easiest way to earn extra money as it involves very little effort, it still involves effort. I have to log in every day (or as much as I want), read the offers and place my bets.
My point is, the less effort something requires in order to make you “big bucks,” the dodgier it is.
Don't put all your earning eggs in one basket
This is ever so important when you're working from home – do not place all your earning trust in one website/company/smartphone app. Anything could happen such as a bad performance review, a company going under, problems with payment or something else etc. Don't risk losing it all!
I'm certain you'd rather have a network of around 200 earning opportunities earning around £10 a month than just one method of earning £2,000 a month. The latter is a risky strategy and you could, one day, be facing financial hardship.
What are some of the online earning scams that you've seen around?