It's sad to really get a sense of how many scams are floating around out there. Every legitimate business appears to be outnumbered by so many more wanting to take advantage of unsuspecting citizens. Television shows and news reports help blow the whistle on such unsavory behavior but con artists are all about working around the system and finding new ways to take you for a ride.
As with any high dollar item it's important to do everything possible to make sure you're aligning yourself with a credible organization or project. To make the best decision you must do research, ask for referrals, and even contact agencies such as the Better Business Bureau and the like to see if you're making the right decision.
Take a look at the following arenas you should be particularly careful with; it doesn't mean there aren't good people out there, but it does mean you need to choose carefully.
Television shows have helped to shed light on the problem of ill-qualified contractors signing up for jobs they aren't able to do right. But it doesn't mean that everyone is safe from bogus home repair contractors. Before signing anything it is imperative to check the company's references thoroughly and to make sure that there have been no major changes such as new owners, different management, etc, that may adversely affect the quality of the finished project. And get absolutely everything in writing – this can't be stated strongly enough. If something should go wrong and you're left with a shoddy or unfinished project those written promises may be the only key to resolution that you have.
Whether being sold overly-inflated premiums, unnecessary coverage – or worse, insurance that's an outright scam that never plans to pay out, be very careful to do your homework when choosing any kind of insurance. Look extensively for business reviews and remember that “testimonials” could actually be written by someone on staff so don't believe everything you read.
Long-Term Investing Plans
Again, not every thing out there is a scam but be very leery of any get-rich-quick schemes or even long-term projects that require a lot of your hard-earned cash. Though most affluent people know that there's little reward with the occasional risk, but con-artists particularly seem to prey on the people who can afford it the least. If considering a long-term investment plan with an unknown entity you'd do best to get yourself a lawyer to help make sure your assets will be protected.
It's not fun to have to think of all the crooks out there. But being savvy and aware is the best form of protection you can offer yourself and your family. If wanting to improve your life by investing in the betterment of your home or by taking a chance to multiply your investments you can still do so while lowering your risk of losing your shirt. Be savvy and put in the work before signing over the money that is so rightfully yours.
Written by Erin Nolan. Photo by Images of Money. Mis-sold Payment Protection Insurance? Make a claim here: www.ppiclaims.org.uk
I'm Louida from Atlanta, Georgia and I'm a mother of two daughters, blogger, and full time working mom at a Business Consulting Firm.
I love helping others learn how to start working from home on the internet free to supplement their current income.
I also blog at Productreviewmom.com
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