Caring for your elderly parents finances can be a tricky situation. Having the conversation with them about paying their bills and saving money in savings accounts, money market accounts, or cd accounts is not going to be easy but there comes a time when you do need to take over. Seniors are constantly targeted for fraudulent investments and many times their trusting nature and poor memory can lead seniors to lose thousands or hundreds of thousands of dollars. Power Of Attorney It is important … [Read more...]
Detective skills: Who Robbed the Car Wash and What Savers Can Learn From It!
You have heard the old saying, "A penny saved is a penny earned." Well a flock of birds took that saying to heart and found a way to form their own little nest egg, out of quarters. Quarters that they had retrieved from a car wash's money taking system. The Story A recent email I received talked about the owner of a car wash who thought people were breaking into the computer system that takes your money when you go to get your car washed at an automatic car wash. In order to catch the … [Read more...]
