Senior Citizens’ How to Stay Financially Safe

Senior citizens can easily be swayed when it comes to big and tempting offers, especially with anything that implies money savings. Unfortunately, many of these offers do not have merits and people normally have hard times trying to figure out which ones are legitimate and which ones are not. Scrabble tiles spelling out "FINANCIAL TIPS"

Here are a few tips to help you stay financially safe:

  • Protect personal information – don’t give out information on your insurance, bank account, Social Security number, etc. to strangers
  • Whenever undergoing a transaction (i.e. home maintenance services, etc.) ask for a written contract
  • Avoid suspicious transactions (i.e. to-good-to-be-true offers, over-the-phone medical insurance offers, etc.)
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photo by: LendingMemo
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