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Money Management and Financial Tips:

When you send money to people you do not know personally or give personal or financial information to unknown callers, you increase your chances of becoming a victim of telemarketing fraud. Here are some warning signs of telemarketing fraud—what a caller may tell you.

A sobering truth is that older adults are oftentimes the target of costly scams. It makes perfect sense: they tend to have a more robust nest egg. What’s more, they might not know how to go about reporting such a crime, or might be embarrassed to be the target of a fraudster. In turn, they aren’t as likely to report it. Scams targeting the elderly are rampant and come in many shapes and sizes. Here are just a few of the most popular examples, with tips on how to avoid falling victim.

Retirement can be defined as achieving financial independence in the third stage of life - typically after age 62 when you can claim Social Security. There’s also a rapidly growing movement around FIRE (Financial Independence Retirement Early) where people aim to achieve financial independence and gain complete control over their scarcest resource, their time, at a much younger age.

  • Did you know that 47% of Americans cannot cover an emergency expense costing $400 or more? SAC Foundation understands this dire need and has an online, self-help financial education tool called KOFE to help provide basic money management fundamentals. Check out this FREE resource by clicking the link below!

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