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Be Wealthy & Smart

Online Romance Scams

Be Wealthy & Smart

Linda P. Jones

News, Business News, Investing, Business

4.8 • 883 Ratings

šŸ—“ļø 19 February 2020

ā±ļø 10 minutes

šŸ§¾ļø Download transcript

Summary

Learn why romance scams have increased 7 fold to $210 million annually, what their methods are and what to do to stop it.

Why are people so easily fooled by scammers? Find out their psychological tricks and how not to get scammed.

Are you investing well for financial freedom...or not?

If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908.

However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years and $1,983,928 after 30 years! A huge difference.

Complete the short applicationĀ to find out how to invest for growth, what asset allocation I recommend (with ticker symbols, percentages, etc.) and if the VIP Experience is a good fit for you.

INTERESTED IN THE BE WEALTHY & SMART VIP EXPERIENCE?

In thisĀ monthly LIVE webinar with Linda,Ā you'll learn:

  • Where you to invest right now to prepare to build wealth in the next bubble (that is quietly forming)
  • Why billionaires are chomping at the bit to make their next fortunes, and you can too without having their money
  • Why it doesn't take a lot of money or investment experience to attain financial freedom
  • Where fortunes may be made and how to make yours

Linda's teaching style is to take cutting-edge information and make it easy to understand and implement the concepts. She gives you all the details about where bubbles are forming, how to invest, and specifically what to buy (with ticker symbols).

To find out where wealth building opportunities are and apply for a strategy session with Linda,Ā click here.

PLEASE REVIEW THE SHOW ON ITUNES

If you enjoyed this episode, please subscribe andĀ leave a review. I love hearing from you! When you get to the next page, click theĀ blue button "Listen in iTunes",Ā listen to an episode, and click on "Ratings and Reviews" across from my photo. I so appreciate it!

SUBSCRIBE TO BE WEALTHY & SMART

Click Here to Subscribe Via iTunes

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WEALTH HEIRESS TV

Please subscribe to Wealth Heiress TV YouTube channel (it's not just for women, it's for men too!),Ā here.

PLEASE LEAVE A BOOK REVIEW

Leave a book review on AmazonĀ here.

Get my book,Ā "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"

Men love it too! After all, you are Wealth Heirs. :)

Available for purchase onĀ Amazon.

International buyersĀ (if you live outside of the US) get my book here.

WANT MORE FROM LINDA?

Check out herĀ programs.

Join her onĀ Instagram.

WEALTH LIBRARY OF PODCASTS

Listen to theĀ full wealth library of podcastsĀ from the beginning. Use theĀ searchĀ barĀ in the upper right corner of the page to search topics.

TODAY'S SPONSOR

I want to take a few seconds to tell you about how I "read" more books and stay ahead of the curve. It's by not reading books, but insteadĀ listeningĀ to them – like you are right now! With Audible, there are over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player and…your first audiobook is FREE!

I suggest you get the audio book ofĀ Think and Grow Rich,Ā or you can check out my websiteĀ ResourcesĀ page where I list all of my favorite financial books and you see exactly what books I have read and recommend you read. Then get started with Audible by visitingĀ https://lindapjones.com/FreeBookĀ and order your first audio book free! GetĀ Think and Grow RichĀ or another book from my recommend list, and be sure toĀ get started checking off the books you want to read with yourĀ free book from Audible!

Be Wealthy & Smart,ā„¢ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.ā„¢ Learn simple steps that make a big difference to your financial freedom.Ā 

(Some links are affiliate links. There is no additional cost to you.)

Transcript

Click on a timestamp to play from that location

0:00.0

Be wealthy and smart episode 683.

0:02.8

I'm gonna live no rich life.

0:06.8

Rich life.

0:07.8

All the best life.

0:09.8

If y'all know what I mean, put your hands up and declare with me

0:13.5

Yeah, I'm full of faith

0:16.0

time I'm gonna live the good life

0:20.8

A beautiful and glorious like Good Life.

0:25.0

Step into a world of wealth and financial freedom without budgets, boredom or bosses, on be wealthy and smart. And now here's your host, Linda P. Jones.

0:37.0

Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor.

0:41.0

Empowering women and men worldwide to financial freedom.

0:44.6

On today's show, we're going to take a little bit of a different tact and we're going to

0:48.1

talk about romance scams.

0:51.0

Now, this may seem a little crazy to you but hear me out. This is going ballistic.

0:56.0

There were 33 million dollars worth of romance scams in 2015 that it was up seven times to 210 million dollars that people were

1:07.6

scammed out of in 2019. The Federal Trade Commission is reporting that these scams are prolific and they're happening not just on dating sites.

1:17.5

This is happening every day on social media on Facebook, Instagram, LinkedIn, you name it, it's happening.

1:25.0

So let me tell you a little bit about how they're doing this

1:28.7

and what exactly happens in the end,

1:32.1

because it's really fascinating.

1:34.4

There is some psychology behind this

1:37.0

and obviously they're getting away with a lot of money

...

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