Home > Tag Archives: lose money online

Tag Archives: lose money online

Quickest Ways to Lose Money on the Internet

bad internet money ideas

The Internet is full of great stuff for finance enthusiasts and people who generally want to make money. However thee are also a lot of stuff that will fool you into believing that you can either get a great bargain or get rich quick if you participate in certain schemes. This article will show you some of the most frequent methods people lose money online these days while at the same time they believe they are actually participating in a great money making scheme.  Penny Auction Sites Penny action sites were very popular some years ago. Even though their popularity faded over time they are still present on the web in 2014. Essentially, these sites will auction various products such as iPhones, tablets and other cool stuff for seemingly extremely small prices, such as $10, $20 and similar. The concept these sites use is in itself not a scam and there is nothing illegal about such sites. It’s just that due to the nature of how these sites work people will end up spending much more money than the $10 price they pay for an iPhone. These sites work the following way: You as a customer are required to purchase ...

Read More »