Please, get yourself a Savings account......

I know that a lot of scam companies are lurking around us, but dont speak like all network marketing companies are like that. Personally, i am with a network marketing company for almost 6 months now and i am so happy with my earnings from them. just a tip: *Before joining such, make sure that you research first the company's background and reputation (don't judge and speak if you don't know what you are saying) *Make sure that the money that you'll give will be for an exchange of products (i mean good products) equivalent to the amount of your money. In the end it would still be your decision. Just for those people who are against networking company, please let people hear first and let them decide for themselves. You don't know, maybe they would like it and will help them in their financial problems. Just let the people see the opportunity. I'm not arguing with you, just my thought. lol

just always be logical and you'll never be fooled. It is always true that something to good to be true is bogus.

That is correct but putting your money on banks does not even beat the inflation rate of the country. If you keep it there your money will definitely be eaten by inflation rate. There are other legitimate forms of investment that you can actually put in our country. One is stocks, Bond and Mutual Funds, they have a higher rate or return but of course the risks are greater than the banks of course. But then if you would just put your money on these double your money scheme, then I guess the best option for you is to invest it safely on those legit and available forms of investments we have. The returns may be slow but it will surely and safely get better results from these. Although banks are supposed to be risk free they are not immune to becoming bankrupt too and you may just lose your money there either by inflation or the bank running out of money.

hi friend, they can never fool me, one glance at a program and I already know what they are up to, besides I do not have extra money for their foolishness

hi LK, I never believed on them even how much they tried even the closest person can't convinced me at all. happy mylotting

I don't trust any investment schemes that gives big earnings for your money because if this is true they will never have to ask anybody, they can just go and borrow the money from the bank and pay much lower interest(pure common sense). These things are all scams and thrives on people GREED! If you have big savings, invest your money on stocks, bonds, or mutual funds than putting it in a bank. Interest now on saving and even on time deposit is so low, that your money end up with lesser value because it was eaten up by inflation. Have a good evening. Ciao!

It is sad to note that there are so many scams online right now. It is really frustrating. Yet there are so many who are become victims of such. The thing is many people are looking for ways to earn especially that the economy is really bad. What is important is to check out thing before joining them and investing on them since 99 percent are really scams. They are just there to take your money and later on they are gone.

Not only are we getting offline scams but we also encounter it online. So yes, instead of investing in those kind of thing, they should better save it in a bank for future use. I really wonder why people still do get into these kind of scam if they don't have money why do they have to invest into something that they are not sure if it will work.

when it comes to online job or earnings, i only trust paypal.

When a business asks you to deposit money on a bank account, somehow it becomes doubtful, Letran. With all the scams that is happening there is that doubt always when there's money involved in the transaction. I am thankful i found Mylot.

hi, actually when i was in college one of classmate invited us to join in a marketing like pyramiding,but i don't like this pyramiding so we didn't join and declined it,because i am afraid to use my money in thing that i don't have any idea so i decided to put my money in bank until now.

I hate network marketing because first,I'm no seller or sales person. Second, they tell you will not do anything but sell but you will something. It won't stop unless people get a good way of making money and living. With network marketing, it offers the easiest way (as they say) to make money in one scheme or another. If you're desperate for money, you might be enticed to join. I have a savings account and I forced my mother to let me have one. I applied to one of her banks and got accepted. Nowadays, that account is only for emergency use only. I have my own money and I have some amount invested in the local credit. I learned too much for my mother and aunt not to place my eggs in one basket. good end, I could make a big foolish disaster just like a banker. what I don't understand is why people keep poring money for these programs It's hard to imagine that you will gain a certain percentage. Eve business owners or entrepreneur got trapped. I don't know if that is a testament to greed or sloth.

i never invest any money on net and right now i just pay on trust site only if i buy goods via internet. scams are everywhere, better we have to watch out.

Yep, even the rich one says that they lose money joining in MLMs. Also, to earn there, you will still need a lot of effort and the products will most likely be overpriced. I had a friend of mine lose money in joining there. But still, I wouldn't suggest getting a savings account. I would highly encourage everyone to invest! That is how money works and investing is the main use of money. But of course, invest wisely. Do not invest in get rich quick schemes which are too good to be true. They are a sure scam. Much like how it works in the online earning platforms.

Yes, I think that is a very good advice. If one is going to have a bank account, it might as well be a savings account. That's the way to make some money from interest, though the amount may not be big.