{"id":1357,"date":"2019-05-06T11:28:49","date_gmt":"2019-05-06T10:28:49","guid":{"rendered":"https:\/\/cowrywise.com\/blog\/?p=1357"},"modified":"2023-08-17T11:50:27","modified_gmt":"2023-08-17T10:50:27","slug":"break-addiction-ponzi-schemes","status":"publish","type":"post","link":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/","title":{"rendered":"How to Break Away from Addiction to Ponzi Schemes Like Loom and MMM"},"content":{"rendered":"\n<p>For many of us, the pull and pool of wealth is one that keeps beckoning to us. With the number of expenses to attend to, a majority of people are looking for the next opportunity to make it big financially. One major scheme that has lured people in with the promise of getting rich quickly is the infamous Ponzi scheme.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Are Ponzi Schemes the Same as Bubbles?<\/h3>\n\n\n\n<p>It is quite common for people to conflate bubbles and Ponzi schemes, but they are significantly different. Though some might argue that there are traces of fraudulent activities in some bubbles, it doesn\u2019t change the fact that they were all driven by legitimate investments with the ability to earn returns.<\/p>\n\n\n\n<p>On the other hand, Ponzi schemes, named after Charles Ponzi, the first person to set up a Ponzi scheme (1920), are fraudulent investments. Money put into Ponzi schemes is not actually invested to earn returns, and investors are promised absurd returns that are paid from the money of other investors. You should check out this article on tips for validating investment options.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Why Do People Fall for Ponzi Schemes?<\/h3>\n\n\n\n<p>Despite the illegitimacy of these schemes, it is not surprising that people still fall for these schemes. For one, the thought of gaining higher returns on any amount of money is one that very often excites everyone. For most people, the general rule of investment is the higher the interest, the better the investment.<\/p>\n\n\n<div class=\"shortcode-block\">    <div class=\"inhype-postline-block-wrapper\">\n      <div class=\"container\">\n        <div class=\"row\">\n          <div class=\"inhype-postline-block inhype-postline-block-160068 inhype-block clearfix\">\n            <div class=\"owl-carousel\">\n            \n                  <div class=\"inhype-post\">\n                    <div class=\"inhype-postline-block-content\">\n\n                      <div class=\"inhype-postline-details\">\n                        <div class=\"post-categories\"><a href=\"https:\/\/cowrywise.com\/blog\/money-guides-and-tips\/\"><span class=\"cat-dot\" data-style=\"background-color: #000000;\"><\/span><span class=\"cat-title\">Guides<\/span><\/a><a href=\"https:\/\/cowrywise.com\/blog\/money-tips\/\"><span class=\"cat-dot\" data-style=\"background-color: #000000;\"><\/span><span class=\"cat-title\">Money Tips<\/span><\/a><a href=\"https:\/\/cowrywise.com\/blog\/saving-tips\/\"><span class=\"cat-dot\" data-style=\"background-color: #000000;\"><\/span><span class=\"cat-title\">Savings<\/span><\/a><\/div>\n                        <h3 class=\"post-title\"><a href=\"https:\/\/cowrywise.com\/blog\/plan-for-wedding\/\">How to Financially Plan for a Wedding without Incurring Debt<\/a><\/h3>\n                                                <div class=\"post-date\"><time class=\"entry-date published updated\" datetime=\"2021-08-19T10:11:55+01:00\">August 19, 2021<\/time><\/div>\n                                              <\/div>\n\n                                            <a href=\"https:\/\/cowrywise.com\/blog\/plan-for-wedding\/\" class=\"inhype-post-image-link\">\n                        <div class=\"inhype-post-image\" data-style=\"background-image: url(https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/08\/Couples-go-broke-wedding-ring-03.jpg);\"><\/div>\n                      <\/a>\n                                          <\/div>\n                  <\/div>\n            \n                  <div class=\"inhype-post\">\n                    <div class=\"inhype-postline-block-content\">\n\n                      <div class=\"inhype-postline-details\">\n                        <div class=\"post-categories\"><a href=\"https:\/\/cowrywise.com\/blog\/money-guides-and-tips\/\"><span class=\"cat-dot\" data-style=\"background-color: #000000;\"><\/span><span class=\"cat-title\">Guides<\/span><\/a><a href=\"https:\/\/cowrywise.com\/blog\/money-tips\/\"><span class=\"cat-dot\" data-style=\"background-color: #000000;\"><\/span><span class=\"cat-title\">Money Tips<\/span><\/a><\/div>\n                        <h3 class=\"post-title\"><a href=\"https:\/\/cowrywise.com\/blog\/psychology-of-greed\/\">The Psychology of Greed: Why People Pursue Money at Any Cost<\/a><\/h3>\n                                                <div class=\"post-date\"><time class=\"entry-date published updated\" datetime=\"2023-02-20T18:41:11+01:00\">February 20, 2023<\/time><\/div>\n                                              <\/div>\n\n                                            <a href=\"https:\/\/cowrywise.com\/blog\/psychology-of-greed\/\" class=\"inhype-post-image-link\">\n                        <div class=\"inhype-post-image\" data-style=\"background-image: url(https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2023\/02\/Pschology-of-greed@4x-scaled.webp);\"><\/div>\n                      <\/a>\n                                          <\/div>\n                  <\/div>\n                        <\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n    <\/div>\n\n\n\n<p>Another prominent reason why we fall for Ponzi schemes is the promise of easy money. Who doesn\u2019t like easy money? We guessed as much. Most victims of these schemes are lured in with the promise of making easy and quick money even from the comfort of your home. The idea of money growing right there in your bedroom is the major principle on which Ponzi schemes build on.<\/p>\n\n\n\n<p>Perhaps, the major reason why people continue to fall for Ponzi schemes in their different forms is because of the wrong philosophy that money attracts success. As long as people keep holding on to this faulty mindset, we will continue to chase money by any means as opposed to investing in self-development in order to offer a value that attracts money.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What do we Suggest?<\/h3>\n\n\n\n<p>Given the evident human flaws that make everyone susceptible to investing in such schemes, how can you avoid falling prey? We have two workable tips for you:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">1. Create\/Join an Accountability Circle<\/h3>\n\n\n\n<p>It is easy to make a promise to yourself today and find yourself breaking it tomorrow. You are human and it\u2019s just natural for such things to happen, that is why we all need to set up check mechanisms. One way to check your investment choices is to set up a Circle with goal-driven friends that are opposed to Ponzi schemes or other forms of illegitimate investments. Work closely with them on tracking your goals and investing together in proven <a href=\"https:\/\/cowrywise.com\/blog\/investment-opportunities-nigeria\/\">investment choices.<\/a> To help, you can set up an <a href=\"https:\/\/cowrywise.com\/circles\/\">investment circle with Cowrywise.<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. Automate Your Investments<\/h3>\n\n\n\n<p>\u201cOut of sight out of mind\u201d, this common saying holds true a lot of times and still does with keeping your cash away from fraudulent investments. If you cultivate the habit of investing a part of your funds on a regular basis, combined with the help of your Circle, you\u2019ll hardly ever have any spare cash to risk in unverifiable schemes similar to MMM, Loom to mention a few. Automate your investments today with the Cowrywise app.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"http:\/\/cwry.se\/blog_signup\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"221\" src=\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/04\/CTA-Card-5-1024x221.png\" alt=\"\" class=\"wp-image-4672\" srcset=\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/04\/CTA-Card-5-1024x221.png 1024w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/04\/CTA-Card-5-300x65.png 300w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/04\/CTA-Card-5-768x166.png 768w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/04\/CTA-Card-5-1536x332.png 1536w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/04\/CTA-Card-5-2048x442.png 2048w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2021\/04\/CTA-Card-5-360x78.png 360w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Ever wondered if we are legit? Read this article: <\/strong><\/p>\n\n\n\n<p class=\"has-medium-font-size\"><a href=\"https:\/\/cowrywise.com\/blog\/is-cowrywise-legit\/\">Is Cowrywise Legit? \u2013 How Safe And Secure is Cowrywise?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why you keep falling for Ponzi schemes and how to stop your addiction to schemes like MMM and Loom. We help you decide what to invest in instead.<\/p>\n","protected":false},"author":1,"featured_media":2567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[134],"tags":[240,191],"coauthors":[463],"class_list":{"0":"post-1357","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-money-guides-and-tips","8":"tag-ponzi-scheme","9":"tag-security"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Break Away from Addiction to Ponzi Schemes Like Loom and MMM<\/title>\n<meta name=\"description\" content=\"Why you keep falling for Ponzi schemes and how to stop your addiction to schemes like MMM and Loom. We help you decide what to invest in instead.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Break Away from Addiction to Ponzi Schemes Like Loom and MMM\" \/>\n<meta property=\"og:description\" content=\"Why you keep falling for Ponzi schemes and how to stop your addiction to schemes like MMM and Loom. We help you decide what to invest in instead.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/\" \/>\n<meta property=\"og:site_name\" content=\"Cowrywise Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/cowrywise\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-06T10:28:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-17T10:50:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/Stash-copy-12@2x-100.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2032\" \/>\n\t<meta property=\"og:image:height\" content=\"1388\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Favour Onojodofia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cowrywise\" \/>\n<meta name=\"twitter:site\" content=\"@cowrywise\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Favour Onojodofia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/\"},\"author\":{\"name\":\"Ope\",\"@id\":\"https:\/\/cowrywise.com\/blog\/#\/schema\/person\/04a8b1c88ff4fbf5ba81cec7e2c88d07\"},\"headline\":\"How to Break Away from Addiction to Ponzi Schemes Like Loom and MMM\",\"datePublished\":\"2019-05-06T10:28:49+00:00\",\"dateModified\":\"2023-08-17T10:50:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/\"},\"wordCount\":638,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cowrywise.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/Stash-copy-12@2x-100.jpg\",\"keywords\":[\"Ponzi scheme\",\"security\"],\"articleSection\":[\"Guides\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/\",\"url\":\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/\",\"name\":\"How to Break Away from Addiction to Ponzi Schemes Like Loom and MMM\",\"isPartOf\":{\"@id\":\"https:\/\/cowrywise.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/Stash-copy-12@2x-100.jpg\",\"datePublished\":\"2019-05-06T10:28:49+00:00\",\"dateModified\":\"2023-08-17T10:50:27+00:00\",\"description\":\"Why you keep falling for Ponzi schemes and how to stop your addiction to schemes like MMM and Loom. We help you decide what to invest in instead.\",\"breadcrumb\":{\"@id\":\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#primaryimage\",\"url\":\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/Stash-copy-12@2x-100.jpg\",\"contentUrl\":\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/Stash-copy-12@2x-100.jpg\",\"width\":2032,\"height\":1388,\"caption\":\"Ponzi scheme\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cowrywise.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How to Break Away from Addiction to Ponzi Schemes Like Loom and MMM\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cowrywise.com\/blog\/#website\",\"url\":\"https:\/\/cowrywise.com\/blog\/\",\"name\":\"Cowrywise Blog\",\"description\":\"Different articles and personal stories about managing money! Learn everything you need to know to plan and secure your financial future now. Read now.\",\"publisher\":{\"@id\":\"https:\/\/cowrywise.com\/blog\/#organization\"},\"alternateName\":\"Cowrywise Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cowrywise.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cowrywise.com\/blog\/#organization\",\"name\":\"Cowrywise\",\"url\":\"https:\/\/cowrywise.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cowrywise.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/avatar.png\",\"contentUrl\":\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/avatar.png\",\"width\":1024,\"height\":1024,\"caption\":\"Cowrywise\"},\"image\":{\"@id\":\"https:\/\/cowrywise.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/facebook.com\/cowrywise\",\"https:\/\/x.com\/cowrywise\",\"https:\/\/instagram.com\/cowrywise\",\"https:\/\/www.youtube.com\/c\/Cowrywise\",\"https:\/\/www.linkedin.com\/company\/cowrywise\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/cowrywise.com\/blog\/#\/schema\/person\/04a8b1c88ff4fbf5ba81cec7e2c88d07\",\"name\":\"Ope\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cowrywise.com\/blog\/#\/schema\/person\/image\/3f09a3f522a6a0962dcaa4fce1c4e073\",\"url\":\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/avatar-2-150x150.png\",\"contentUrl\":\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/avatar-2-150x150.png\",\"caption\":\"Ope\"},\"description\":\"Your favorite advisor\",\"url\":\"https:\/\/cowrywise.com\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How to Break Away from Addiction to Ponzi Schemes Like Loom and MMM","description":"Why you keep falling for Ponzi schemes and how to stop your addiction to schemes like MMM and Loom. We help you decide what to invest in instead.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/","og_locale":"en_US","og_type":"article","og_title":"How to Break Away from Addiction to Ponzi Schemes Like Loom and MMM","og_description":"Why you keep falling for Ponzi schemes and how to stop your addiction to schemes like MMM and Loom. We help you decide what to invest in instead.","og_url":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/","og_site_name":"Cowrywise Blog","article_publisher":"https:\/\/facebook.com\/cowrywise","article_published_time":"2019-05-06T10:28:49+00:00","article_modified_time":"2023-08-17T10:50:27+00:00","og_image":[{"width":2032,"height":1388,"url":"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/Stash-copy-12@2x-100.jpg","type":"image\/jpeg"}],"author":"Favour Onojodofia","twitter_card":"summary_large_image","twitter_creator":"@cowrywise","twitter_site":"@cowrywise","twitter_misc":{"Written by":"Favour Onojodofia","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#article","isPartOf":{"@id":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/"},"author":{"name":"Ope","@id":"https:\/\/cowrywise.com\/blog\/#\/schema\/person\/04a8b1c88ff4fbf5ba81cec7e2c88d07"},"headline":"How to Break Away from Addiction to Ponzi Schemes Like Loom and MMM","datePublished":"2019-05-06T10:28:49+00:00","dateModified":"2023-08-17T10:50:27+00:00","mainEntityOfPage":{"@id":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/"},"wordCount":638,"commentCount":0,"publisher":{"@id":"https:\/\/cowrywise.com\/blog\/#organization"},"image":{"@id":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#primaryimage"},"thumbnailUrl":"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/Stash-copy-12@2x-100.jpg","keywords":["Ponzi scheme","security"],"articleSection":["Guides"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/","url":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/","name":"How to Break Away from Addiction to Ponzi Schemes Like Loom and MMM","isPartOf":{"@id":"https:\/\/cowrywise.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#primaryimage"},"image":{"@id":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#primaryimage"},"thumbnailUrl":"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/Stash-copy-12@2x-100.jpg","datePublished":"2019-05-06T10:28:49+00:00","dateModified":"2023-08-17T10:50:27+00:00","description":"Why you keep falling for Ponzi schemes and how to stop your addiction to schemes like MMM and Loom. We help you decide what to invest in instead.","breadcrumb":{"@id":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#primaryimage","url":"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/Stash-copy-12@2x-100.jpg","contentUrl":"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/Stash-copy-12@2x-100.jpg","width":2032,"height":1388,"caption":"Ponzi scheme"},{"@type":"BreadcrumbList","@id":"https:\/\/cowrywise.com\/blog\/break-addiction-ponzi-schemes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cowrywise.com\/blog\/"},{"@type":"ListItem","position":2,"name":"How to Break Away from Addiction to Ponzi Schemes Like Loom and MMM"}]},{"@type":"WebSite","@id":"https:\/\/cowrywise.com\/blog\/#website","url":"https:\/\/cowrywise.com\/blog\/","name":"Cowrywise Blog","description":"Different articles and personal stories about managing money! Learn everything you need to know to plan and secure your financial future now. Read now.","publisher":{"@id":"https:\/\/cowrywise.com\/blog\/#organization"},"alternateName":"Cowrywise Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cowrywise.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cowrywise.com\/blog\/#organization","name":"Cowrywise","url":"https:\/\/cowrywise.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cowrywise.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/avatar.png","contentUrl":"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/avatar.png","width":1024,"height":1024,"caption":"Cowrywise"},"image":{"@id":"https:\/\/cowrywise.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/cowrywise","https:\/\/x.com\/cowrywise","https:\/\/instagram.com\/cowrywise","https:\/\/www.youtube.com\/c\/Cowrywise","https:\/\/www.linkedin.com\/company\/cowrywise\/"]},{"@type":"Person","@id":"https:\/\/cowrywise.com\/blog\/#\/schema\/person\/04a8b1c88ff4fbf5ba81cec7e2c88d07","name":"Ope","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cowrywise.com\/blog\/#\/schema\/person\/image\/3f09a3f522a6a0962dcaa4fce1c4e073","url":"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/avatar-2-150x150.png","contentUrl":"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/avatar-2-150x150.png","caption":"Ope"},"description":"Your favorite advisor","url":"https:\/\/cowrywise.com\/blog\/author\/admin\/"}]}},"jetpack_featured_media_url":"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2019\/05\/Stash-copy-12@2x-100.jpg","_links":{"self":[{"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/posts\/1357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/comments?post=1357"}],"version-history":[{"count":4,"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/posts\/1357\/revisions"}],"predecessor-version":[{"id":14457,"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/posts\/1357\/revisions\/14457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/media\/2567"}],"wp:attachment":[{"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/media?parent=1357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/categories?post=1357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/tags?post=1357"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/cowrywise.com\/blog\/wp-json\/wp\/v2\/coauthors?post=1357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}