How can you make extra money?
- Sell stuff on eBay
- Donate plasma
- Have a yardsale
- Get paid to do surveys (swagbucks.com)
- Write and sell eBooks on Amazon
- Deliver food for DoorDash
- Clean houses
- Do yard work
- Become an Uber driver
- Walk dogs in your neighborhood
- Make and sell crafts on Etsy
- Create an on-line class
- Find odd jobs on craigslist
- Work as a substitute teacher
What are the most common types of fraud or scams?
- Guarantee High Yield
- Ponzi or Pyramid
- Risky Oil and Gas Drilling
- IRS Scam
- Jury Duty Scam
- Catfish or Sweetheart Scam
How can you protect yourself?
- Find out if they are a licensed securities professional
- Check them out with the SEC
- Never verify information via e-mail
- Seek help from people you trust
- Report fraud
- Don’t answer calls from unknown numbers
- Don’t interact with unknown callers, just hangup
- Don’t connect to free wi-fi
- Don’t use the same password for everything
- Don’t create a document called “Passwords”
- Don’t click on links that look strange
- Don’t allow strangers access to your devices
What are some red flags?
- Guaranteed to double your money
- Limited time offer, must act fast
- Little known loop hole
- Low risk and high reward
Source: Nick Vonderau, Marketing Specialist, Alabama Securities Commission, Caregiver College Presentation, 21 June 2019
Eric Michael tells readers how to make extra money in his book, Almost Free Money. I admit being skeptical about his claims. However, he did have a few unique and interesting ideas.
Since it is available for free on Amazon, I would recommend it. You might find new ways to boast your income.
In 1997, I moved to Moscow, Russia. At that time, the exchange rate was 6,000 rubles to the dollar.
I took $250 and exchanged it for 1.5 million rubles. I put the money on my bed, took a picture, and called myself a poor millionaire.