Protecting seniors from scams

Money Making Sense

Protecting seniors from scams

Clean

Published on Jul 3, 2024, 1:00:10 AM
Total time: 00:38:03

Episode Description

How do you know if something "sounds too good to be real?"  That's the question Nico Pesci, the founder and CEO of Momemtum Wealth, details in this episode.  He says seniors are targeted in all sorts of scams because they typically have more money to lose than younger generations. 

Nico also explains what signs you should look for if your loved ones are getting scammed. And who is doing the scamming?   HACK:  Do your homework on what the average 'return on investment' is  and verify investment people through FINRA or Broker Check.

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More about Money Making Sense

The goal of Money Making Sense is to help you find more financial peace. Host Heather Kelly and guest experts focus on reviewing paychecks and analyzing family decisions. They also talk about vacationing on a budget, retirement savings on a limited income, reducing household expenses, the financial impact of owning pets and how money affects relationships. Money Making Sense will give you practical ideas on how to improve your bottom line. Money Making Sense is a 2017, 2018, 2020 and 2021 People's Choice Podcast Award Finalist.