Protection

(FinancialHealth.net) - Concerned about being financially abused as a senior? You’re not alone. The fact is that financial senior abuse is on the rise and doesn’t show any signs of slowing down. Even the trend towards digital cash over cash-in-hand hasn’t stemmed the flow; in some ways, it’s actually caused it to become worse. Seniors don’t have to worry about...

(FinancialHealth.net) - Identity theft is #9 in the active threats list. Protect yourself by putting a solid plan in place. People can easily steal your identity online, at the store, or anywhere personal information gets used. There are methods you can use to protect yourself from this type of theft so you do not become a victim. 1. Keep Your...

(FinancialHealth.net) - 'Tis the season to file taxes — and protect yourself from scams. Tax season is a busy time for thieves. Law enforcement departments across the country and the Internal Revenue Service (IRS) are already warning citizens to be on the lookout for fishy (and phishy) activity. Here are three tax scams that you want to be aware of...

(FinancialHealth.net) - You’re young. You’re healthy. You have a family and a home. Life insurance is probably one of the last things on your mind, but it shouldn’t be. It should be at the forefront, and for good reason. Determining Your Need Do you have a spouse? Do you own your home, even if it’s still mortgaged? Do you have children?...

(FinancialHealth.net) - Earlier this week, President Trump announced plans to help farmers by withdrawing a proposed rule from the end of the Obama Administration. Trump told a group of farmers in Austin, TX at the American Farm Bureau Federation conference he's working to protect their water rights: "I am proud to announce that I am taking another step to protect...

(FinancialHealth.net) - Financial emergencies are bound to arise, yet most Americans do not have the necessary savings to handle these situations. When a financial shock happens to a family, it can take them months or longer to recover. Some never fully recover at all, as they live paycheck to paycheck with no extra cash available to help them get...

(FinancialHealth.net) Smart Quiz: Which One of These Company Names Would a Scammer Use to Steal Your Account Information? a. Costoco.com b. Amazon.com c. Google.com d. Nike.com Answer: Costoco.com A simple typographical error or spammy ad link could land any one of us on a website that looks legitimate but has actually been designed to steal our personal information. Typosquatting is a common scam, but it is...

  Smart Quiz: Water Damage Is NOT Covered by a Standard Homeowners Insurance Policy When... a. A Rainstorm Causes Floods b. An Old Pipe Causes Damage c. A Pool Overflows d. All Of The Above Answer: All Of The Above (FinancialHealth.net) - A commonly misunderstood aspect of many homeowner policies is coverage from water damage or flooding. While most standard policies offer limited coverage for water...

(FinancialHealth.net) Smart Quiz: How Far Back Can Medicaid Go to Seize Assets to Pay for Long Term Care? a. 7 years b. 2 years c. 5 years d. 1 year Answer: 5 years Advances in medicine have lead to people living longer, but it’s also more likely you or a loved one could end up needing long term care. Even the best insurance only covers limited...

(FinancialHealth.net) Smart Quiz: When are Seniors Most Vulnerable to Scams? On Their Birthdays Making Major Purchases Getting A New Phone Using Credit Cards Answer: Making Major Purchases There are con men working just about every industry these days and sadly, seniors are their prime targets --- especially when considering large purchases. Con artists use every trick in the book to try to...