Week 40: Money Scams

"Cash Rules Everything Around Me"

Whoever you are, whether a country or company or individual, most would agree that they could use some more money. There are a lot of ways to acquire more money or increase your margins, but some people or groups go out of their way to grow their wealth in unscrupulous ways. In this week's Tuesday Fix, we will reveal some of the ways you could be losing money to these individuals. If your goal is to grow your net worth this year, it's best to not lose your money on scams, waste, or bad decisions.

1. Five Biggest Financial Scams: "As long as humans have had money, there have been those trying to trick us out of it. From the Ponzi Scheme to Pyramid Scheme, be sure to watch for these top Financial Frauds!"

Watch 5 Biggest Financial Scams (And How To Avoid Them) by Two Cents

2. How Americans Waste Their Money On Premium Gas: "Americans are paying more for premium gasoline than standard gasoline than they have in the past. According to AAA, Americans collectively waste $2 billion a year buying premium gasoline. The critical difference between premium gas from regular is its octane rating—understanding that octane rating and what cars need what gasoline is key to knowing whether it is worth paying for premium."

Watch How Americans Waste Their Money On Premium Gas by CNBC

3. Five Ways People Are Dumb With Money: "Not only do we as humans make financial mistakes, our mistakes are predictable! Here's the story of how we learned that we can predict our mistakes and 5 of them you can avoid."

Watch 5 Ways People Are Dumb With Money by Two Cents

Call to Action! As we have just completed the first month of the year, take the time to go over your expenses and purchases, and see if what you spent money on brought you joy or is still of value today. If not, ask yourself if that money decision can be changed for the better in the future!

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