Off The Beaten Track

Investment Fraud

How to spot a pyramid scheme

August 24, 2016 // 0 Comments

With pyramid schemes popping up in many shapes, it’s easy for those looking for a quick and easy way to riches to take advantage of unsuspecting individuals, especially in trying economic times. As alleged pyramid schemes – such as MMM Global SA – collapse, it’s important that consumers protect themselves by knowing what a pyramid scheme is, how it operates and how to identify one. In a pyramid scheme, one person, or a group, will recruit a handful of people to the [...]

Good debt, Bad Debt and the Gray Matter in Between – Part 4: Bad Debt and the Gray Matter

May 12, 2015 // 0 Comments

We’re at the end of our Good debt, ┬áBad debt series, and we hope you have a better understanding of what constitutes good debt. If you’ve missed out you can read up on student loans, business loans and property loans in our previous installments. Bad Debt Clothing, furniture and other consumables accounts You should always endeavor to buy all consumable items using cash rather than credit. Mostly because these items do not hold any lasting value and will need to be replaced soon. [...]