OK - returning to the theme of the previous post, namely - control expenditures.
Keep track of what you spend. Keep a record of what you spend. What expenditures are necessary, what expenditures are frivolous? If you can track what you spend, then you will begin to note what is important and what is a waste of money.
This is important in terms of fraud for a variety of reasons. First, keep in mind, as we have discussed numerous times on this blog, fraudsters generally want their targets ignorant. They certainly do not want their targets to investigate into what their money is asked to be invested. If a target has a track history of keeping track of spending, then it is only a short jump for a person to want to know the investment "scheme" of a fraudster.
Second, once again as discussed, many fraudsters attempt to "fast talk" their targets into accepting the sales pitch. If a person has a track history of keeping track of spending, then a "fast talk" would certainly be of less impression on the target.
Keep track of what you spend. Keep a record of what you spend. What expenditures are necessary, what expenditures are frivolous? If you can track what you spend, then you will begin to note what is important and what is a waste of money.
This is important in terms of fraud for a variety of reasons. First, keep in mind, as we have discussed numerous times on this blog, fraudsters generally want their targets ignorant. They certainly do not want their targets to investigate into what their money is asked to be invested. If a target has a track history of keeping track of spending, then it is only a short jump for a person to want to know the investment "scheme" of a fraudster.
Second, once again as discussed, many fraudsters attempt to "fast talk" their targets into accepting the sales pitch. If a person has a track history of keeping track of spending, then a "fast talk" would certainly be of less impression on the target.
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tausk
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