Protecting Your Teens from Peer-to-peer Payment App Scams
Financial scams have been steadily on the rise in recent years. In fact, the FTC reported that in 2023 alone, people have lost $10 billion to scammers. P2P, or peer-to-peer payment apps, like Venmo, Zelle, or Cash App, have become popular among younger generations as a quick and easy way to transfer money. But, they have also given these scammers a new avenue to access sensitive information. As you use these apps, here are some things to keep in mind to keep your teens protected.
Teaching Your Child To Recognize Needs vs. Wants
It’s normal and healthy to indulge in wants from time to time, but moderation is key. Help your child to set a limit on how much they can spend on wants each month. This will help them learn to manage their money effectively and make decisions about what they truly want versus what they can live without.
Cooler Weather Is Here. Have You Prepped Your Home?
It's officially autumn. And while you may be ready for cooler temps and a football game or two, there are a few things you'll need to do around the house before winter hits.
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