The Risk of Being Ripped Off: What You Should Do to Stay Safe and Protect Your Finances

| April 7, 2017 | 0 Comments

It’s easier to get scammed today than it ever has been in the past. The variety of online scams out there waiting to rip you off is vast. You need to stay on your toes and know how to avoid getting scammed. There are also some businesses out there that want to shortchange you and rip you off a little, so it’s not just the outright scammers you have to be wary of.

Don’t Wire Money to People You Don’t Know

This might sound like something that’s really obvious, but scammers have very convincing ways of getting you to do it. For example, what would you do if you had a convincing call telling you that a family member of yours who’s in a foreign country and got injured while they’re out there? They might tell you that you need to send money to pay the medical bills. These are the kind of tricks that can be used to persuade people to send money quickly to people that they don’t even know. So, always check out the details and get multiple examples of verifications before going any further.

Check a Website’s Security Before Buying From It

Some websites are more secure than others, so you need to be careful about which ones you choose to trust when you’re trying to buy something online. If you can’t decide whether or not a particular website can be trusted, look closer at their privacy and security policies. If they’re lacking, or there aren’t any listed on their website, then this is not the kind of website that you should be using to buy things. It might not be the case that they’re trying to steal from you. But these kinds of websites are easy targets for scammers and hackers. And if you’re submitting your sensitive financial information, it could get stolen.

Read Reviews and Do Research

It’s always a good idea to read reviews and do as much research as possible when you’re deciding whether or not you should use a company. Many companies present themselves in all the right ways and say all the right things. But that doesn’t mean that they are going to deliver for you. That’s why you should read customer reviews to see what kinds of experiences other people had. You can find reviews like those at sites like You should also delve even deeper and do as much research as you can.

Treat Email Hyperlinks with Suspicion

Most phishing scams come in the form of emails, and you should be very careful about clicking the hyperlinks you find in these emails. If you’re not careful, you will end up entering your details on a site that just wants to steal money from you. Clearly, that’s not something that you want to let happen, so always treat these hyperlinks with suspicion. Unless the email is 100% authentic and clearly comes from a company, organisation or person that you know and trust, it’s best not to click those links at all. Learn more about avoiding phishing scams at

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Category: Personal Finance

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