People Make Get Rich Quick Schemes Money Buy Pyramid Meaning

A "get-rich-quick scheme" is a plan for making money quickly and easily, often without having to make a large "investment" (money that is used to make something better). In reality, it is very difficult to get rich this way, but many people are "eager" (excited and enthusiastic) to try. Some get-rich-quick schemes are "legal," meaning that they follow the laws, but others are "illegal," meaning that they are against the law.

Some legal get-rich-quick schemes advertise that people can make thousands of dollars each week by working at home doing something easy, like typing or putting letters into envelopes. These people are paid "piecework," meaning that they get a little bit of money for each piece they make, but to get rich they would need to be very quick, so it usually isn't possible to make very much money.

Other legal get-rich-quick schemes offer to teach people ways to make money, usually by buying and selling homes, starting a new business, or "collecting" (saving many types of a thing) something. But the people must buy very expensive books or video tapes to learn how to do this, and often the things that they teach aren't very helpful.

One type of illegal get-rich-quick scheme is a pyramid scheme. In a pyramid scheme, people buy something once and then try to get many other people to buy the same product. They are supposed to get some of the money from each of the sales, and then those people who bought the product should do the same thing, trying to get more people to buy the product. However, the only way for everyone to make money is to always have more people join the pyramid scheme. Since this isn't possible, pyramid schemes can make only a few people rich. Everyone else loses money.