Posts Tagged With ‘ lottery ’

Win The Lottery While Growing Your Nest Egg More than anyone, poor people need to analyze their budgets and watch where they spend their money. Usually, the poor fall victim to the pressure of falling behind and the need to catch up.  The elusive dream is to get rich quickly.  It is simple: spend a few bucks and win the lottery. Playing the lottery is one of those get-rich-quick ideas that pan out for a very small number. Every dollar counts for the poor, as they can’t afford to make mistakes with their money.  Statistically speaking, the poor are more likely to gamble than the rich, even... Continue Reading

It is a cruel farce. Scammers use the names of federal agencies charged with protecting citizens’ financial security to rip them off. The Consumer Financial Protection Bureau (CFPB) has confirmed the existence of a new scam in which someone purporting to be from the agency contacts individuals and tells them they are eligible for a payout in a class-action lawsuit. On one condition: to collect the money, the scammer says the taxes owed must be paid upfront. This is known as an imposter scam. Imposter scams involving other federal agencies – the IRS or the Social Security Administration –... Continue Reading