Scammers are taking advantage of the coronavirus (COVID-19) pandemic to con people into giving up their money. It can be even harder to prevent scams right now because people 65 and older aren’t interacting with as many friends, neighbors and senior service providers due to efforts to slow the spread of disease.
It’s never easy when a loved one dies. Not only are you grieving, but there are painful life decisions to be made, and legal, financial and personal paperwork to be processed. It can be hard to know what requires immediate attention, versus what you’re better off postponing.
Rather than trying to react to market mood swings by switching up your investments, here are 16 actions you can take instead to be ready for a recession. Each is within your control, and any of them can add real value to your financial well-being.
Nobody is immune from cyberthief scams and identity theft slams. For attorneys, the threat is even greater. You could probably add an actual target to your back and be no more appealing than you already are to identity thieves.
As distasteful as the idea may be, child identity theft is a serious and growing concern. But fortunately, a few basic steps can go a long way toward protecting your child from identity theft.
While there are logistics and legalities to sort out, nothing should take away from the essential truth that the only financial advice worth heeding is the kind that represents your highest financial interests, and the best financial arrangements are those in which costs and conflicts of interest are fully disclosed, prudently managed and readily understood.