HOW I LOST TO MONEY DOUBLING – Part 1

Once upon a time, I lost to money doubling. If you are in for a story time, get in here. Back then in the days, the desire to increase one’s earnings or income was well-desired. Till today, we all would like to have more than we have. We’d all have interest in earning quite more. Money they say ‘makes the world go round’. It is also the love of money that is evil not actually having it. A popular saying goes that “God made man; man made money, money made man mad”.

If I want more money, there’s absolutely nothing wrong with it. But, how do I get this more money. Do I work for it? Or do I enjoy freebies? Do magically make it happen? Do I invest? How exactly do I make it happen?

How The Elders Lost to Money Doubling

In some years before now, presumably, what our parents experienced, there was the presence of money-doublers. What do they do? They travel from village to village, town to town, city to city. Then, they move street to street and market to market. They move with bells searching for people. These people are their potential customers all seeking how to double their earnings. The belief was that they were magicians. Hence, the question, “do I magically make it happen?”.

So, how do they work? It’s funny how these doublers go on with their suits, briefcases, hats, mats and umbrella. At least, that’s how Nigerian fiction writers have pictured them. After gathering a large crowd, they begin to tell stories of how they increase a 1,000 naira to 2,000 naira or 5,000 to 10,000. They collect this money and give the interested participants an insignia which could either be a ring, thread, stone or any other object.

The money doublers inform their customers to put this item either in an envelope, a covered place for hiding like a pot, under their pillow, they are also giving a set of taboos to avoid or risk losing their money. All of this is to be done overnight giving the doubler time to escape. Escape, yes, because it is all a sham. Unfortunate victims would wake up and find not their initial money or the expected one; they won’t find the doubler either, but their stone neatly tucked away beneath their pillows.

Today, money doubling has advanced as technology increases.

Money doublers are now everywhere, particularly on the internet. The social media is the breeding ground now for money doubling. It was first the Ponzi scheme, MMM, that went on for a while before collapsing. This had many Nigerians involved in it. A lot of people sowed in their life savings, school fees and house rent into it but couldn’t cash out on time.

You’d think we all will learn from this, but no, we want free money. (I also do). We have left MMM and there are so many referral links for people to join in to different schemes. The desire to have stress free money is ever-increasing.

Friends would send you links asking you to join in so they can earn bonus points that will culminate to huge sums of money. I really wished money-making were that easy.

A lot of con artists are pervading social media sites like Instagram, Facebook and Twitter.

Whatever you do, be careful. Spend your money on yourself and enjoy, rather than be gullible in investment and lose out totally.

Stay tuned for the second part where I explain how I lost to money-doublers. (I wish I could cry now).

READ THE SECOND PART HERE.

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