Take 5: A Roundup of Reads From Around the Web

This week: Avoiding Olympics scams, why you should sell your car, tackling financial challenges, encouragement for job-seekers and how to wake up richer tomorrow.

Take 5: A Roundup of Reads From Around the Web

1. Beware These Olympics Scams (Even If You’re Not Going to Rio)

[Credit.com] “With the 2016 Summer Olympics just around the corner, scammers are getting busy with various schemes to dupe fans. Here are some of this year’s Olympics scams to watch out for.”

Scam websites with real-sounding names designed to separate you from your identity and/or money, fake emails saying you’ve won a trip to Rio, counterfeit Olympic merchandise: all old rip-offs dressed up in Olympic finery. Check out this post, then our recent article, “10 Golden Rules to Avoid Getting Scammed.”

2. How Much Could You Save Biking?

[The Dollar Stretcher] “Biking is cheaper than driving a car by a long shot. How much cheaper is biking? Ride a bike around for a couple years, and you will have literally saved up enough money to start an entire bike shop business!”

I ride my bike almost daily, albeit for exercise, not transportation. But after learning from this article how much it costs to keep a car on the road (average: $8,500/year!) maybe I should be pedaling all the time. The post features all kinds of information on how to inexpensively buy, maintain and use your bike for daily commuting.

What it doesn’t explain is what you’re supposed to do about arriving places drenched with sweat or how to take passengers along without a car.

3. How I Tackled 2 Giant Financial Life Changes Without Losing My Mind

[Credit Sesame] “It became clear that this was the time for us to find a bigger place of our own to start our family. The question was how to afford it. Here are steps I took to lessen stress and stretch my dollar.”

The two giant life changes referred to by the headline are having a baby and buying a house. This article details the process the author used to do both simultaneously while on a limited budget. There’s some good, commonsense advice in this one: Check it out.

4. 7 Things You Should Know If You’re Job Hunting

[Debt.com] “Job hunting is easily one of the worst processes ever — filled with endless interviews, waiting and uncertainty. And that’s if the employer even bothers to get back to you.”

When I saw the headline on this story, I thought it was going to be offering advice on how to prepare a resume, interview and otherwise find a job. Instead, it’s about more about alleviating job-hunting-related depression. Tips include being patient, persistent, flexible and confident that you’ll ultimately succeed.

5. 12 Easy Ways to Wake Up Richer Tomorrow Than You Are Today

[Wise Bread] “There are plenty of ways to make a quick buck, but more importantly there are easy ways to build your overall net worth in a single day. Here are a dozen ways that you can bolster your financial situation in quick order.”

No mysteries solved in this article, but it does serve as a reminder of the myriad ways we all have to become wealthier every day. Advice includes buying stocks, not spending any money for a day, selling something, earning cash with apps and donating something to charity. See the post for more.

Don’t forget to share your thoughts and reactions in comments below or on our Facebook page.

Stacy Johnson
Stacy Johnson @moneytalksnews
I'm the founder of Money Talks News and have spent the last 40+ years in the personal finance trenches. I'm a CPA, author of a few books and multiple Emmy recipient. I'm ... More


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