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Tag Archives: Financial Literacy Month
How Useful Are Identity Theft Services?
Many people purchase identity theft services—or receive them free when their information is compromised in an organization’s data breach. These services typically include four components: credit monitoring, identity monitoring, identity restoration, and identity theft insurance. For April’s Financial Literacy Month, … Continue reading
Retirees Need Options and Assistance to Make Money Last
As individuals are increasingly responsible for their financial security following retirement, the cost of limited financial literacy can be extremely high. Yet, recent survey data suggest that seniors have some of the lowest financial literacy rates. These surveys—which included questions … Continue reading
Foreclosure Rescue Schemes and You
Evidence suggests that individuals who are less financially savvy are more likely to fall victim to financial scams, hold high cost mortgages, and engage in costly credit card behavior. As a result, the cost of limited financial literacy can be … Continue reading
