59 Sneaky Scams Millennials Fall For—And How to Outsmart Them Before It’s Too Late
The Labubu craze seems to fit this. I personally haven’t fallen for it but I have a colleague whose preteen daughter has been begging for them so she (the colleague) said she’s been up beyond midnight multiple nights on different devices looking for them or whatever the scheme is.
Influencer culture. Buying s****y, poor quality products from social media that you regret buying as soon as it arrives.
And also those guru MLM type “courses” teaching you how to start your own 6-figure drop shipping business or how to turn your side hustle into a booming business, etc.
I fell for a clone of the .gov passport application website not long ago! I was so pissed I had to cancel my credit card but I gave them all of my info and my baby’s info. Its because I’m used to opening up the browser with google search default and typing into google not the url directly. So pissed about it still.
Probably dietary supplements like AG1 greens or AMRA colostrum.
A lot of these comments aren’t scams, just trends people don’t like (labubu, funko pops, etc). ACTUAL scams millennials are falling for include:
* **MLMs/pyramid schemes** – I thought we knew better but so many of my peers are into “wellness” MLMs, it’s embarrassing
* **crypto** – crypto is, at best, a bad investment vehicle, and often just an outright rug pull scam
* **following investment gurus** – people are spending money on scam courses from these “influencers” claiming they’ll become multi millionaire investors
* **sports betting** – this one is iffy as to whether it’s a scam or just it’s own thing as gambling a*******n, but the number of millennials blowing THOUSANDS of dollars on sports betting is insane. Apps have made gambling frighteningly easy and I really think there’s a gambling a*******n epidemic happening.
* **micro transactions** – similar to above, this might fall under gambling a*******n, but millennials seem REALLY easy to suck into apps like Monopoly Go where you’re essentially just spending money ($1-$2 at a time, but it really adds up) to make lights and colors flash on their phone screen. Those “games” are designed to psychologically manipulate you into spending money without thinking, hence why I think it counts as a scam.
* **tiktok shop, shein, temu, fast fashion in general** – these shopping platforms are so obviously scammy that I can’t understand why anyone uses them. Yes, they’re cheap. Yes, sometimes you get the thing you paid for. But a lot of the time you’re getting something completely different than what was shown in the product photos. Even if you get an item you can use/wear, the quality is so poor it’s going to fall apart pretty fast and need to be replaced and end up costing more in the long run…..plus they’re made with questionable materials that can be hazardous. Fast fashion is definitely the thing I’m becoming a grump old person about. The late, great author Terry Pratchett explained it best with the Sam Vimes boots theory: “A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. … But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years’ time, while a poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and *would still have wet feet*.”.
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