Older people with money – it is the dream for many scam artists. The elderly are often more susceptible to becoming victims of a scam, primarily because they live alone, are too trusting, or do not have someone watching over their finances.
Another important factor is the fact that most elderly people who live alone feel isolated. This means that they feel isolated and are happy to have someone talk to them…even if that is someone who is trying to separate them from their money. These are a few suggestions to take from this situation.
Tip #1 – Check To See If The Damage Is Done
The first thing that you can do is to determine whether your loved one has already been tricked by one of these scams. They might be hesitant to talk about the subject, but letters promoting prizes and free trips, odd bank transactions, or overdue bill notices might all be indicative of a problem.
Tip #2 – Keeping An Eye On Spending
One of the most important things that you can do is to spend some time looking over your loved one’s spending pattern. It might be a good idea to let your parents know that they should always check with you before they make any donations. If they are consistent about telling these callers that they “have to check first,” they are far less likely to fall victim to a scam. Especially because these con artists are likely to move on in search of easier prey.
Tip #3 – Identity Theft Is No Joke
One of the primary issues facing the elderly when it comes to scams is identity theft. You can make sure that all sensitive information is disposed of, preferably shredded. You can even ask your loved ones whether it is possible for you to monitor their finances remotely by having access to their online bank account.
Tip #4 – Explain The Internet
The Internet might be a great place to online shop or get back in touch with people, but it is a breeding ground for scams. It is important that seniors be made aware that suspicious or unsolicited emails are often bad news. They should also know that attachments should never be opened. Explain why, and have a good anti-virus software program on the computer to help safeguard their information.
The Assisted Living Option
Living in an assisted living facility such as those offered at www.carltonseniorliving.com is another way to ensure that your loved one is not at the whim of these scrupulous snake oil salespeople. Add in the fact that there are countless other benefits to assisted living, and you probably understand why so many people opt for this option.