Financial scams, serious budgeting, saving money, spending less and more.

1. How to Identify Financial Scams & Investment Schemes – 6 Types of Fraud to Avoid

Money Crashers – Michael says, “Con artists are particularly talented in creating believable lies.” In America, these cons cost people “over $40 billion in telemarketing, investment, and charity fraud.” He points out why people are susceptible to fraud and the scams fraudsters play.

The third one is: “Pump and Dump.” Salesman use fake news and dubious financial results “to drive up stock prices” (pump). Then they sell at high prices (dump). He says the movie “The Wolf of Wall Street” nicely demonstrated this scam. Check out this blog and then read: 5 Giveaways You’re Talking to a Scammer.

2. We Decided to Travel the World. But First, We Made a Serious Budget!

Budgets are Sexy – Okay, most people won’t travel the world. But this blog is interesting because Chris and his wife Lori seriously retooled their whole financial world – especially their budget.

First they “sketched out their costs” and found ways they could save money. One way they saved was dumping their expensive apartment for a basement home at a family member’s house. He also discusses how they’ll earn money while they’re traveling – which could help you earn some cash too. Check it out even if world travel isn’t in your future.

3. How to Start Saving (And Why It’s So Hard to Get Going)

Money Under 30 – Americans just don’t save much money it seems. Studies show that we’re not ready for an emergency. As Lauren points out, “almost half of Americans (46 percent) report that they wouldn’t be able to handle an unexpected $400 expense.” That means they’d probably charge it.

She tells us why people don’t save and then shows us how we can start. For example, “Don’t set yourself up to fail.” This is a typical mistake. Set reasonable goals and avoid the frustration. Read her other tips and start your own emergency fund.

4. How to Develop the Habit of Spending Less Than You Make

Dough Roller – Rob makes an interesting argument here. He says the problem with spending isn’t how much or little money people make – it’s the people themselves. We could earn ten times more money than we do now and still overspend. People must change their spending habits.

He provides seven tips that should curb your overspending. The sixth one is: “Make mountains out of molehills.” Don’t forget your little expenses. They add up quickly. Read his post and then check out how Spending Doesn’t Make Us as Happy as We Think.

5. How I Use Customer Loyalty to Save Money

Three Thrifty Guys – I love this idea. As Aaron says, “A lot of times companies only reward new customers. But how about the faithful?” But first, you must be a long-time loyal customer for at least a year or two. Otherwise, this won’t work.

During his “experiment” he applied some rules for himself. These include remaining polite while talking with the customer service reps, getting to the point, using the online chat feature when possible and more. He provides the companies he contacted (Netflix, etc.) and the money he saved. Awesome stuff.

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Brian Bienkowski

Brian Bienkowski


Bienkowski is a contributing writer and is the face of's 'By the Numbers' videos.

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Article last modified on August 30, 2018 Published by, LLC . Mobile users may also access the AMP Version: Around the Web: Avoid Fraud - AMP.