Financial scams have quickly become one of the fastest growing crimes in the modern digital age. Criminals are being exposed to a wealth of new ways to trick people into giving up important information like social security numbers and bank account numbers.
Unfortunately older adults are a common target. The damage caused from these kinds of scams cause mental, emotional and physical stress affecting all facets of life. Luckily there are a few easy things you can do to protect yourself from these kinds of scams to ensure your financial safety and well being into your golden years.
In This Episode You Will Learn:
1). What inspired us to shed light on this topic and how financial scams against seniors has grown to become a serious issue in the modern world.
2). How living in the age of social media has made it much easier for criminals to gather information about people and how this can get used to trick you into a scam.
3). One of Meredith's personal experiences with her mom and how she was targeted into a financial scam at a vulnerable time of need.
4). Why you should always wait, take a step back and breathe if you ever receive an email or phone call from someone claiming that they need important information from you like your social security number or bank account information immediately. Those are sure signs of a possible scam.
5). Why it's important to "double check" anything that sounds suspicious by calling your bank directly or anyone who urgently says that they need money from you.
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We hope the tips in this episode are helpful to you or somebody you know who may have been exposed to a financial scam. Taking the necessary precautions when you sense that something is not right will help save you time, money, stress and keep you and your family secure from financial ruin.
Team Meredith