Financial fraud and exploitation of seniors seems even more rampant than ever. This population, more vulnerable than others due to an uneasy relationship to rapidly changing technology in the internet age, is often targeted by those unscrupulous folk looking for an easily duped victim. While most of us undoubtedly do our best to protect our loved ones close to us, what happens when they’re no longer as much under our wing? The Consumer Financial Protection Bureau (CFPB) is here to help, with a handy manual designed to offer tips and strategies for caregivers and others responsible for the safety and well-being of those residing in assisted living facilities. Protecting residents from financial exploitation: A manual for assisted living and nursing facilities is published by the CFPB and provides practical advice on how to help protect seniors from falling victim to common scams or fraudulent schemes. Some of the most common include:
- -The resident receives news about a prize or other windfall that requires payment of fees or taxes up front.
-The resident is pressured to keep good news a secret until a transaction is complete or risk losing out on this one-time opportunity.
-A caller constantly seeks more information and pressures the resident to comply.
-A third party claims to be from a government agency, financial institution or other entity and asks for information that they should already have. A resident receives a lot of mail or email for sweepstakes, contests or other sources suggesting that he or she has already been scammed.
Review and download your copy today, and join the fight to protect our seniors!
The Library now subscribes to National Geographic Virtual Library and National Geographic Kids (brought to you by the incredible database company, Gale Cengage). The Virtual Library contains every single page of every issue of National Geographic since it began publication in 1888, all issues of National Geographic Traveler, published since 2010, and over 300 books.
The incredible photography takes on an amazing glow. Take a look at the about the Photo Ark article for proof of that. Every Last One.
All articles can be saved to your computer, Google Drive, or saved to your folder in a Gale account. You can print them or email them to yourself or others.
Well, the holidays are over and it’s the start of another year–and another opportunity to reevaluate your financial life and practices, woo-hoo! The good news is that it just got a lot easier, thanks to all the wonderful resources and tools available at Smart About Money (SAM). Smart About Money is one of the many programs of the National Endowment for Financial Education®. NEFE® is an independent, nonprofit foundation committed to educating Americans on a broad range of financial topics and empowering them to make positive and sound decisions to reach their financial goals. They offer tips, strategies and information on diverse topics like crisis and fraud, saving and investing, spending and borrowing, housing and transportation, taxes and more.
Click through and take a look at some of the tools like the Life Values Quiz, designed to help you better understand how and why you make financial decisions. Knowing your own habits and patterns is the first step to making positive changes in your financial life!
It’s one of the things we all hear so much over the course of our lives–“find what you love to do and make it your career.” And while many have managed to find ways to accomplish this, for most of us it’s easier said than done. But that doesn’t mean it’s impossible, or that you shouldn’t even contemplate the possibility. The folks over at Practical Money Skills (produced by Visa, and one of the partners in this year’s Financial Literacy Summit held in April to kick off Money Smart Week) have put together a few strategies and guidelines to consider if you’re someone who is looking to make a change in their life and career.