Have you been exploring the Internet to find easy and fast ways to make extra money on the side? If you’re currently hunting for these opportunities, there are a few precautions you'll need to take first because some of the side hustles you’re considering might be scams.
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Welcome to Money Tip Tuesday from the Making Money Personal podcast.
Now more than ever, people are trying to make more money. There are many motivations to do so: some want to pay off debt, while others want to put more into savings and invest more to prepare for retirement; the list goes on and on.
Many of these motivated people are earning more money with “side hustles.”
Side hustles are added forms of employment that differ from someone’s full-time job. These aren’t typically the same as part-time jobs because side hustles offer more freedom, flexibility, and control that one might not be able to get with other opportunities.
There are various options when it comes to side hustle; for those who are considering taking one on, please research these opportunities thoroughly to avoid getting scammed!
Some job scams are easy to spot. The jobs are promoted as quick and easy ways to make large sums of money which easily raise some red flags.
Unfortunately, there are some scams that are cleverly disguised as side hustles and before people realize, they have already been taken advantage of.
Job Scams You Should be Aware Of:
Not all side hustles are scams though. There are many legitimate jobs you can begin today to make some extra money.
Side hustle ideas that are NOT scams:
Research is key! Before you start any new job, you should always do some of your own research and get any questions you have answered.
Top Tips to Avoid Being Scammed:
TRUST YOUR GUT! If something doesn’t feel right, it’s okay to walk away and find another opportunity.
If there are any other tips or topics, you’d like us to cover, let us know at tcupodcast@trianglecu.org. Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts.
Thanks for listening to today’s Money Tip Tuesday and be sure to check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
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