It’s no secret that scams, fraud, and data security breaches are increasing. Many of these threats affect senior citizens and can pose significant problems to their finances. Let’s discuss how you can be targeted and what to do to protect yourself.
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Using your senior discounts as often as possible is a great way to save money. The number of retailers and organizations that offer discounts for seniors is constantly expanding. This is terrific for those on fixed incomes and those that want to reduce their expenses. The National Council on Aging is a perfect resource for expanding your existing benefits to save on medical expenses and food costs.
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Your senior years should be focused on enjoying life and family, but many senior citizens all too often find themselves worried about their finances. This can be due to poor planning or unexpected circumstances. That’s why it’s important to avoid common mistakes with your budget so you can track your income and expenses and avoid potential financial pitfalls.
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