You may have stumbled upon their new website, and are wondering: is Kids Have Money a scam? Probably your gut instinct told you something is wrong, and you are now checking it out. Your intuition was right.
Welcome to my KidsHaveMoney.com review.
I will be upfront with you. This platform is a bad one. It is best for you to stay far away from it. If you have already signed up as a member, please read on to find out what you can do now to protect yourself.
In my honest and in-depth review of Kids Have Money, I will be showing you all the red flags, so you can understand why this site cannot be trusted at all. We will also examine their real motive: how do they scam you if they are not taking money from you?
Without further ado, let’s dive right in now!
Kids Have Money Review Summary
Product: Kids Have Money
Product type: Referral program
Price: free to sign up
Scam / Legit? : SCAM
Recommended or not? : NOT recommended
Kids Have Money is a data harvesting site. They lure people in with promises of huge earnings in their referral program, but will never pay out. All they want is to collect your data for selling to third party advertisers, as well as for other malicious purposes.
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Read on for the detailed review of KidsHaveMoney.com, and why I call it scam.
What is Kids Have Money
To find out what is Kids Have Money, let’s first take a look at its home page:
They portray themselves as a social earning network. The concept is very simple. All you have to do is sign up, get your referral link which you can share anywhere you want, and earn when people sign up through your link.
But my scam detection antenna went right up at the ‘$10 per invite’, and ‘earn $500 today’. I know this kind of earnings is not possible, for any kind of referral program, whereby their revenue rightfully comes mainly from advertisers on their platform.
The more people that get referred to the platform, the more traffic that the advertising companies can get exposure to on the same platform, hence these advertisers will pay Kids Have Money, which then shares the profits with members. This is how it is supposed to work.
But from my experience reviewing so many get-paid-to sites, referral programs, etc., $10 per invite has always spelled trouble. It means we have to snoop around more.
They are confused about their identity
Look at this section in their Terms of Service:
Their website is Kids Have Money, but they keep referring themselves to Kids Get Money. Some identity crisis? Maybe.
But the more likely explanation is because such scam sites have to appear in many names, various forms, so that when one name has been tarnished by negative feedback from real users, they morph into another creature to carry on their scamming business.
Another very similar site I have reviewed is Kids Earn Cash. There are many other different versions, I’m pretty sure they are run by the exact same crooks.
The different names they go by include:
Kids Paid Money
Kids Get Money
Kids Earn Cash
Kids Earn Money
There must be many others that I have not discovered yet. Do drop a comment below to let me know, if you know of any other names that this same scam exists as.
Kids Have Money has a brand new domain
Their domain name was very recently registered, in March 2019:
Do you think such a new site could have garnered 473K members, paid out $44.9 million, and received 10 awards? In just 2 short months? Seriously?
Feedback by users
Since Kids Have Money is still very new, I have not been able to find real users’ feedback about it yet. But there are plenty that can be found, in the older versions under different names.
Some of these older domains have been redirected to newer ones, others have simply expired, and the guys behind the scam did not bother to renew them, I guess because the truth had come out, and those names had become too notorious.
What Kids Have Money really want out of you
They will not pay. After referring people and accumulated a substantial amount of money in your account, when you try to cash out, they simply close your account.
Or sometimes they will say that the people you referred are all fake, so you are now banned or disqualified or something.
Kids Have Money sells your information
They will use your personal information like name and email address to make money, by selling it to third party advertisers for a high price, as they can prove that their list consists of a group of people who are interested in making the quick bucks online.
So you may get spammed by promotions and offers that you never opted in for. Which is still just a small inconvenience, compared to the next point.
Kids Have Money can try to access your other personal accounts
They can also use the password you have set for your Kids Have Money account, to try and access your other accounts, like social media, email account, etc. whatever they can get their hands on.
And depending on what information they find in those other accounts, they can then plot their next step.
So if you had used the same password for KidsHaveMoney.com as some other important accounts, like your emails, social media accounts, bank accounts, PayPal account, etc. please get those other accounts’ passwords changed as quickly as possible.
You never know what these people are capable of.
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The proper way to make money online
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Pros of Kids Have Money
There is not a single pro to this dangerous platform. Just get out of there as fast as you can.
Cons of Kids Have Money
1. They sell your information
An irritating inconvenience, but still a rather minor thing, you can simply unsubscribe to those offers sent by third party advertisers, or mark them as spam.
2. Other personal accounts could be at risk
If you had used the same password for KidsHaveMoney.com as other personal accounts, you need to get them changed.
3. Huge waste of time
You would have wasted all your time putting your referral links on social media platforms, forums, etc. everywhere in order to find referrals.
4. Trust that others have of you
If you had referred your friends or family to the platform, then it would definitely affect their trust for you, once they find out this website is a scam.
Is Kids Have Money Scam or legit?
The Kids Have Money scam is a real one, a huge one at that. Stay far away.
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If you have any concerns or questions regarding this Kids Have Money review, do comment below, and we will start a conversation from there.