Financial Literacy for Everyone
Follow Us
FacebookTwitterYouTube
For Broadcasters

Sign up for our weekly email and learn how you can play Jason Alderman's weekly Practical Money Matters on your station. Learn more

Subscribe
Summit 2014

Watch the 2014 Financial Literacy Summit
Watch the Financial Literacy Summit webcast that addressed financial literacy needs of the unbanked and underbanked
View webcast

PMM articles

Practical Money Matters
Disputing a credit card charge? Graduating? Leasing a car? Learn important tips from our weekly article series.
Read now

social media

Connect with us!
For daily money tips, quips and pics, follow us on social media.
Like us on Facebook
Follow us on Twitter

Practical Money Matters Radio Series

January 9, 2012
Seniors: Beware of Scams


There are numerous scams today that target senior citizens. Find out what they are to keep yourself, or the seniors in your life, protected.

Transcript

Sadly, plenty of con artists are happy to separate senior citizens from their money. Seniors are vulnerable because they often live on fixed incomes, face high expenses and need to stretch every dollar. Here are a few tips to protect yourself:

* Sign up for direct deposit and automatic bill payment with your bank to avoid mail theft.

* Never give out your account numbers for Social Security, Medicare, banks or credit cards unless you initiated the call or correspondence.

* Hang up on telemarketers, especially if they ask for personal information or say you've won a prize.

* Before responding to direct mail, read the fine print to make sure you're not signing up for unwanted services or products.\n

Bottom line: Always safeguard your personal information.


Related Articles

Email to a friend

Your Name:
Your Email:
Recipient's Email:
Message:
Enter code:


The information that you provide through this e-mail feature will not be stored by Visa for any other purposes. Please refer to Visa's privacy policy for details.