Jul 10, 2016

6 ways greed keeps you poor

Money on Twitter
Many rip-offs are set up to make us greedy.  Greed is an emotion the overrules common sense.
For example, an excited telephone caller says we have just won the $500,000 lottery. The caller congratulates us over and over again and asks what we might do with the money, planting the seeds of greed. Once greed is fully ignited, we are told about the $5,000 lottery tax we need to wire before getting our winnings. Over the years as a consumer reporter, I have talked with many deceived, but still-greedy victims who continued to feel there was a chance of getting the $500,000. A number of them were irritated with me when I told them they were out $5,000.

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