How to Avoid Online Money Making Scams

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It is important to be aware of online money making scams if you are trying to make extra money online. Taking online surveys, entering contests, and doing mystery shopping can be legitimate ways to put a little cash in your wallet, but you must be careful not to fall for the businesses that are set up to take your money, not make you money.

Here are some tips on how you can spot online money-making scams. Most are common sense and go along with the old “too good to be true” theory.

Make sure there is a clear-cut job description: If there are no details other than “make money at home” or “work fifteen minutes on the computer and earn full-time cash” then move on. If you can’t figure out what you would be doing, then it’s a sure bet that this is not going to be a legitimate job.

Be a skeptic: Do not believe any ad that tells you there are only “limited spaces available, enter your information now.” The ad is pressuring you to decide quickly for fear that the “job” might be filled by others. If you can’t research the company and get more information, then do not waste your time. The limited spaces will never be filled because ANYONE can apply…and most everyone will be required to pay to get started.

Beware of false endorsements: Just because a site mentions on their online ad that a major company endorses their work-at-home program does NOT mean it’s a fact. Look for links to the “major company” that show that there truly is an endorsement. Most of these fly-by-night companies count on the fact that you won’t check any further into their claims of having company endorsements. There is something to be said for “too good to be true.”

Ask questions: If you’re really short on money and desperately looking for extra money to help you pay bills don’t jump at every money-making offer. Many companies are aware that applicants may be suffering financially and they are counting on you not to ask any questions.

Look for contact information in the ad: There should be a phone number, address and an email account that is not a “freebie” email account such as Yahoo or Gmail. Most successful companies have their own domain. However, do your research–anyone can buy a domain name for less than $20.

Too Good to Be True: Stuffing envelopes, assembling products or processing claims are just three of the many work at home scams that will likely never net you more than a few dollars for hours and hours of work — if they pay at all. Also do not purchase a guide or “kit” that will tell you how to start your big money-making business. Chances are this is just a reprint from information you can get on the Internet by doing a little research.

Do not use a credit card or give out your bank account information to get a job. No legitimate company needs you to pay to apply.

Social Security number: Do not give out your social security number for any online job without thoroughly researching the company and finding out why they need it. However, if you win a contest or you make over $600 doing an online job, you will have to provide your social security number for tax purposes.

Survey sites: There are many online sites that offer payment for surveys and ‘points’ based rewards. Be very careful when signing up for any of these sites. Some companies require that you enter personal information or a credit card for a “free trial” — you are promised a credit for this trial if you complete a multitude of tasks online or if you are not satisfied with the program.

By the time you finish the tasks, your free trial has expired and your credit card has been charged. It is extremely difficult to stop future charges to your credit card. You may find that many 800 ‘customer service’ numbers provided aren’t valid or the operators have no idea what you are calling about.

Here is a list of survey sites that I’ve tried out and found to be legitimate (in other words, they actually pay!): Make Extra Money: Online Survey Sites That Pay

Looking for simple, legitimate ways to bring in some extra cash?