No matter how you spin things, potential scams are everywhere, just waiting to pounce on us. That’s just the reality of life. So, it falls to us—hard-working everyday consumers—to be wary of anyone trying to weasel our cash out of our wallets.
However, not all cash grabs are blatantly obvious. The savvy members of the r/AskReddit subreddit spilled the tea about all the products and services that they believe are “massive scams” that prey on a lot of victims. Scroll down for their advice—their tips might help you save your hard-earned bucks.
However, not all cash grabs are blatantly obvious. The savvy members of the r/AskReddit subreddit spilled the tea about all the products and services that they believe are “massive scams” that prey on a lot of victims. Scroll down for their advice—their tips might help you save your hard-earned bucks.
#21
For profit colleges & fully online courses for some jobs. For example, you can’t become a nurse by only taking online courses. I also heard about someone getting an online cosmetology program. So many students pay thousands of dollars for programs that are not accredited.
71points
#22
Cosmetics. We've convinced most women that they don't look presentable or professional without it. At its core, it preys upon insecurities. I wouldn't have nearly the same issue with it if it was truly more of an optional thing,.
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69points
#23
The remote closer ads/ influencers that claim they are making 10k a month. It's a MLM scheme and the authorities should take action against these people fooling desperate people online for their hard earned money.
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67points
#24
Medical insurance. I pay $100/month for insurance to tell me my regular appointment is now $73 instead of the base $75, and that my Epi-Pen is not covered at all. F**k medical insurance, from the bottom of my heart.
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67points
#27
Bottled water(unless your tap water isn't safe to drink).
Not the fancy kind, but your regular grocery store brands.
Not the fancy kind, but your regular grocery store brands.
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61points
#28
Those bracelets with a sticker on them that claim to align your magnetic field or whatever.
59points
#30
Insurance. I'm not talking medical, house, or vehicle insurance, but insurance on electronics, appliances, etc.
56points
#31
Donut holes. The bakery steals the middle of your pastry and then sells it back to you.
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54points
#32
Ear candles.
Their wax looks like ear wax, so people believe the candle "sucked" it out of your ear.
But they look exactly the same if you just burn them in your hand.
Their wax looks like ear wax, so people believe the candle "sucked" it out of your ear.
But they look exactly the same if you just burn them in your hand.
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54points
#33
Turbotax. Really, the entire tax industry. They've lobbied for years to keep the government from sending you the bill/refund that they already know about. Instead, literally everyone has to buy into it *(Ha! Intuit!)* unless you're going to file them on your own.
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51points
#34
Homeopathic "medicine"
NFTs/digital collectibles.
Buying online/digital movies, tv series, music albums, etc. because it can always get taken away by Amazon, Apple and Google. Buy physical copies.
Scientology
Diamonds
Most "collectibles". Most stuff made to be collected won't be worth much decades from now, things made decades ago that were never meant to be collected are what's valuable today (an iPhone 1 still in the box sold for $63,000).
NFTs/digital collectibles.
Buying online/digital movies, tv series, music albums, etc. because it can always get taken away by Amazon, Apple and Google. Buy physical copies.
Scientology
Diamonds
Most "collectibles". Most stuff made to be collected won't be worth much decades from now, things made decades ago that were never meant to be collected are what's valuable today (an iPhone 1 still in the box sold for $63,000).
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49points
#36
Gambling. Spending a bunch of money to lose money. The promotional materials are insidious, especially for sports betting. Chances are you ain't hitting that 17-team parlay ticket that Draftkings just posted on its social media account.
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44points
#38
Cable TV.
Generations of families tricked into paying hundreds of dollars/ month for them to pump ads with just enough tempting content keep us watching.
It's a f*****g lobster trap. The whole, entire thing is a trick, and clearly, we're not smart enough to catch on.
Generations of families tricked into paying hundreds of dollars/ month for them to pump ads with just enough tempting content keep us watching.
It's a f*****g lobster trap. The whole, entire thing is a trick, and clearly, we're not smart enough to catch on.
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41points
#39
Banking. You give them all your money, they use it to make themselves more money, charge you for the privilege, and if you want to take out large sums you have to give them notice because they dont actually “have” it.
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40points