How You Can Identify & Avoid Scams (on Venmo, Loans, Insurance, Identity Theft)
Вставка
- Опубліковано 1 чер 2024
- Everybody. hates. SCAMS! If there's one thing that 2023 has brought more of... its scams. Today, I'm going to walk you through some very common financial scams. As @YourRichBFF and favorite Wall Street Girlie, watch this video to get some tips if you're dealing with identity theft and help you avoid bad investments!
Chapters
00:00 Introduction
00:57 Multi-level marketing schemes (MLMs) and Ponzi Schemes
02:45 Payday Loans and how to get better options
03:45 Venmo Scams
04:49 Whole Life Insurance, IULs, etc
06:00 What to do if Your Identity is Stolen
07:23 General summary
Identity Theft Resources:
Visit www.identitytheft.gov
Major Credit Unions to File Claims:
Equifax 1-(800)-525-6285
Experian 1-(888)-397-3742
TransUnion 1-(800)-6807289
Want more Financial, Money, and Investment Content?
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I recently got “hired” by Primerica and didn’t research the company beforehand. Big mistake. Always research the hiring company and make sure to never ever pay for background checks or initiation fees. If they aren’t paying for training then its a scam. Chances are if its too good to be true, it really is. Cheers and good luck.
Oof, a Primerican almost got me the other day
Girl.. you deserve to be wealthy
You add so much good info & value to us normal folk
NEVER Google customer service numbers for Amazon, Ebay, etc ALL scams, contact them via your acct when you logged in !!!!!!!!!!!!!!!!!!!!!!!!!
Really good point!!
You forgot shredding all junk snail mail with your name and address on it. Dumpster Diving for pers info is still a thing. Great info. 👍
I was naive and young when I opened a Life Insurance, because it was supposed to be just insurance. I didn't even know there was such a thing as Term insurance. Now I'm working hard to close that account.
Worse than scammers are scammer defenders. I don't know if it's because they were taken advantage of or what, but there are so many people who will defend others who are clearly ripping off often unknowing people .
Helpful info. I’ll add to beware of individuals and “businesses” claiming to be capable of recovering the money you lost. You make a complaint on social media about being scammed, expect one of these types of scammers to contact you offering their help. They will take your info/data and money and run.
I've heard so many horror stories about people falling victim to scams, and it's great to have some practical tips on how to avoid them.
I just read a post on Reddit about a guy whose mom got scammed out of $900k, people also need to remember to teach their parents about scam (if they are in good standing) even as they learn about scams themselves. I forward these stories and videos to my parents so they can be aware.
I’m a Canadian but I need to know about RRSP and TFSA and just beginner investing and literally how to start what’s smart for a modest earner.
Thank you Vivian, for keeping me financially informed.
Yeeeeeeessssssss!!!!! Thank you. I knew I was being scammed, but I was at a vulnerable place. Appreciate you.
Bff. Your the best. Im a banker and run into most of these issue everyday. The worst is when elderly get scammed. 😢
Didn’t know about the venmo one. Glad I do now
This was spectacular advice!
All great tips! Thanks!
I have noticed a lot of comments on finance videos in general lately, where the scamming commentor says something about how “this is why I invested with so-and-so. It totally changed my life and I am making so much more on my returns since I’ve started working with them.“
Then, other curious commenters naturally ask, “how do I get in touch with so-and-so? “
And then they probably get scammed.
I am truly grateful. Thank you ❤VG
A payday loan company contacted me in regards to a loan I never took out. This so call lender had my personal info. I wonder how these people obtained the personal info of others.
Thank you so much.
What’s the best way to pay off high interest credit cards? Credit transfer with deferred interest or home equity loan? Thank you for your content
@@daem2237 thank you
thank you
Hey Vivian. I'm really enjoying your content. I am anticipating making more money because of a change in profession. Do you offer consulting or financial analysis? I would love to ask you about planning for my new financial situation and investing for the future. I would appreciate any advice you could give. Thanks Rich BFF!
What about companies who check on your identity and accounts like Lifelock?
Hey whats your input for Whole life insurance ??/ I mean I am familiar with term insurance but Wholelife inurance has cash value
Called me "bestie". Left the vid immediately.
Bye. Enjoy getting upset about little things and potentially robbing yourself of helpful informatiob and opportunities
So who have I been messaging….😅
I'm curious, what are your thoughts about the Athlete HAKIMI having All his property / Assets under his Mom's name... Can you do a reaction video please 🙏
Very bad. If mom would fall ill and need skilled nursing care, all the assets would be lost, to pay for the nursing home. Very bad for so many reasons. Look at videos from estate planning perspective, it is not a good idea to put assets in a parent's name or vice versa. Parents shouldn't put their house or assets in a child's name either. Use POA and trusts instead. Trusts are what the wealthy use to preserve assets. Hope this helps.
My rich bff, Do you or anyone know if Nielsen Surveys is a scam? Please let me know!!
Oh my gosh. I thought you gave me your tel # on whats app. I wanted to talk to you about retirement.
Why are you comparing an investment tool to a tool for final expenses? They both have their place.
Your texting me asking to join your team just for 500$
Got a text # from YOU for WhatsApp to message back…. OMG!!